HUGE PRICE REDUCTION AND NOT SUBSTANTIALLY DAMAGED.....This beautiful property boasting a 80x100 square foot lot is a great opportunity for the next owner. If one tore it down and built anew or attempted to lift the existing structure; imagine the potential water views and breezes that would cascade through the home. Additionally while this home was first deemed substantially damaged due to the flood that effected the entire area, the seller appealed and was granted the ability to fix the existing structure. Combined with the short term rental possibilities in Redington Beach this would be a fantastic venture for the savvy investor or beach lover. Speaking of beach, beach access is two short blocks away and diagonally across the street from property is Friendship Park where one can launch a paddle board, kayak, simply read a book by the water or enjoy the occasional community event such as wine tastings.. While all of these possibilities are amazing, the seller is considering the home a loss and selling at land value only.