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12633 3RD ISLE

House Active With Contract
$280,000

BTC: 4.36137072

ETH: 147.16394063

2 days
Waterfront
2 bds
1 ba
1,157 sqft

Overview

Under contract-accepting backup offers. Savvy Buyer Special! Opportunity knocks for the buyer looking to build instant sweat equity! This waterfront home features 90 feet of seawall with a west-facing backyard, offering beautiful sunset views and excellent Gulf access. The home is a repaired sinkhole property with documentation available. It also experienced only a few inches of water intrusion during Hurricane Helene, with the water entering and receding quickly. No post-flood permits have been pulled, meaning the next owner will need to obtain the initial post-flood permit and complete the required Substantial Damage (SD) packet before beginning renovations. The kitchen is fully functional but proudly sporting its 1970s charm, making it the perfect opportunity for a modern makeover when you're ready. Baseboards have been removed following the flood. The floating dock will need repair. Please use caution. This home is priced to reflect its current condition and offers an outstanding opportunity for the right buyer. Bring your vision, add your personal touches, and unlock the incredible potential this waterfront property has to offer!

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1970
Lot:
0.18 Acres
Heating:
Central
Price/sqft:
$242
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$213,000
$144K – $266K
Confidence Low
List vs. estimate
$67K above estimate
List $280,000 · +31.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$242
+19.6% vs. city median $202
Based on
49 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,994
2025
Waterfront
Canal - Saltwater
Garage
1 car garage
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Rain Gutters / Sliding Doors

    Lot

    • Lot: 0.18 Acres

    Other Property Information

    • Parcel Number: 162504007.0000.00306.0

    • Zoning: R4

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

  • Other financial information

    • Annual tax amount: $4,995

  • Source details

    • MLS ID: W7887270

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Direction Faces: East

    • Waterfront: Yes

    • Water Body Name: CANAL TO GULF OF MEXICO

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1157

    • Water Source: Public

    • Subdivision Name: LEISURE BEACH

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BHHS FLORIDA PROPERTIES GROUP