$500,000
FOR SALE20 Elder Avenue
Southampton, Ny, 11946
MLS #1001067
Subdivision: -
Building: -
2 Beds
2/- Baths
560 sqft
$ 892.86 /sqft
Rare opportunity to acquire a property on the Rampasture peninsula in Hampton Bays. Water on three sides of the neighborhood, two blocks to Tiana Bay, and close proximity to bay beaches. Existing 1997 Ranch on a 5,400 sq ft lot in the Mineola Court subdivision. R-40 zoning. Flood Zone X (minimal flood hazard) a notable advantage for a water-surrounded peninsula location. Property sold strictly as-is, no interior access available. Full gut should be assumed. Buyer to perform all due diligence including but not limited to structure, septic, CO status, permits, and zoning variance requirements for any new construction or expansion. Existing structure is legal pre-existing nonconforming on R-40 zoning; buyers planning new construction should verify variance feasibility with Town of Southampton ZBA. Ideal for builders, renovation buyers, and buyers using 203(k) or construction-to-perm financing.
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