Fla. home still burning from Hurricane Helene damage goes on the market for $259,000 — as Milton approaches

A newly listed Florida home is giving new meaning to the term “hot property” after it went on the market for $259,000 — despite the fact that still burning from fire damage believed to have been caused by recent hurricanes in the state.

Located in St. In St. Petersburg, the asking price of the property is well below the average for a home in the area, which is $465,000, according to Realtor.com® data.

However, this may not come as a surprise given the current state of the house.

Due to its dire condition, potential buyers will not be allowed into the home due to safety concerns, according to the listing.

The property last went on the market in 2020, when it sold for $325,000, though it has seen untold damage since then amid the devastation caused by Hurricanes Helene and Milton.

The storm-damaged property is being sold at a “great value,” the listing notes, “ideal for complete renovation or a new construction project.” Sold as is.

Hot interest

Not surprisingly, the smoking list received heated attention on social media.

“It sold in 2020 for $325,000. I would expect more than $65k off,” noted one Reddit user.

But with another hurricane on the way, some saw gallows humor in the owner’s attempt to sell the home.

One said, “Fire sale.” Another added: “No worries. Hurricane Milton will put out the fire.”

Another wrote, “Seriously though, I hope no one is hurt and the owner’s losses are covered by insurance.”

I still smoke

On the market for just four days, still smoking from the last hurricane that just came through, the property is ready for Hurricane Milton to wreak havoc in the area.

The terrifying storm is forecast to make landfall on Florida’s central coast as a Category 3 storm and unleash one of the most destructive storms in the area.

Phone calls and emails to the listing agent, Matthew Spero with Matthew Guthrie And Associates Realty, were not returned.

The pool is undamaged

In a little good news for the owner, the pool was not damaged, although the house certainly was.

But the house will need a complete renovation or, more likely, it will be torn down by the new owner and rebuilt.

Request is for cash offers. Seller financing is also available, the listing notes.

Opportunity knocks

Dare we call this a hot property – and not just because it’s smoking?

This is a “prime redevelopment opportunity, priced competitively for the land value,” the listing notes.

The low price comes with a few caveats: “Cash offer or seller financing only with no inspection contingency,” the listing says.