$140,000

This three-bedroom, one-bathroom brick home is located in the desirable Perdido area, just minutes from the water. The property offers several attractive features, including no HOA, no short-term rental restrictions, and no flood insurance requirement. Please note that this is a cash sale only. The home is being sold in its current condition and is not considered move-in ready. Known issues include a septic system problem and active leaks, and the property is not likely to qualify for homeowners insurance in its present condition. Because of its condition, traditional financing such as FHA, VA, or most conventional loans is not expected to be an option. The asking price has been significantly reduced to reflect the repairs needed, creating an excellent opportunity for investors or buyers looking to renovate and build equity. If you're searching for a fixer-upper in a great location with strong investment potential, this property is worth a look