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Located at 102 West Shell Point Rd in Ruskin, FL, this commercial property, built in 1925, boasts a spacious total of 5,870 square feet across two stories. Set on a generous 12,150 square foot lot with dimensions of 90 feet wide and 135 feet deep, the building includes three units and features ten rooms, centralized heating and cooling, and even a charming fireplace. The property, which is part of the Ruskin City Map of Lot 91, was last sold for $350,000 in August 2019 and has an assessed value of $298,587, reflecting its potential in the thriving Ruskin area. With a significant portion of the value attributed to improvements, this property presents a unique opportunity for investment or development.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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