Unique Large Corner Lot with Gulf Views
This house was built in 1951 and updated several times. The house has two bedrooms and two baths. This property is up for sale ‘as is’ because the lot size, location, and new regulatory codes dictate that a larger structure be built on this 8,400 sq ft lot.
The lot and house are located on the southeast corner of Morgan Drive and Gulf Boulevard, directly across the street from the Morgan Drive beach access. The location has the potential to accommodate a multistory, executive residence with potential for unobstructed Gulf of Mexico views from a second or third floor or roof-top sun deck.
The house and property were professionally appraised at $650,000 several weeks before the Fall 2024 storms. This unique property is being offered for sale by the owner for $635,000 as the upside development potential could be valued in the millions. Only serious offers will be considered.
Where it's located
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