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Florida home in St. Petersburg has been listed for sale at $259,000, despite still showing signs of fire damage from recent hurricanes. The property's asking price is significantly lower than the area's median home value of $465,000, according to Realtor.com data.
Due to safety concerns, potential buyers will not be allowed to enter the home. The listing notes that the property is being sold at "lot value," ideal for a complete renovation or new construction project. It's being sold as-is, with no inspection contingencies.
The house was previously sold in 2020 for $325,000 but suffered significant damage from Hurricanes Helene and Milton. A photo of the smoldering home has generated attention on social media, with some users commenting on the "fire sale" aspect of the listing.
As another hurricane, Hurricane Milton, approaches the area, the property is bracing for impact. The storm is forecast to make landfall as a Category 3 and unleash significant destruction. The pool at the property remains undamaged, but the house will require extensive renovation or likely be torn down and rebuilt.
The seller is seeking cash offers with no inspection contingencies, or seller financing is available. The listing notes that this is a "prime opportunity for redevelopment" priced competitively for land value.
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