6380 4th palm point

Under contract-accepting backup offers. Discover an excellent opportunity to own prime waterfront property in the desirable 4th Palm Point community at an excellent value. (Priced well below land valuation according FEMA'S valuation on PCPAO of $922,846) With approximately 69 feet of waterfront, this lot currently has a 2086 SF single story block constructed home from 1971, with a newer roof, pool and spa situated on the lot. Impacted by hurricane Helene, the property is sold "AS IS" Due to the FEMA 50% rule, the feasibility of renovating the existing home is uncertain. The seller makes no warranties that the home can be rehabbed and is selling the property for lot value. This property is perfect for those looking to invest in a fabulous waterfront at an excellent price. Whether you choose to build a new or explore renovation possibilities, this is your chance to create the dream home you’ve always envisioned in a covered location.