DISCLOSURE - Buyer is paying $185K for the future option to pay 95% of the appraised value to HUD in the future. Not now as there is No pending action and HUD paying property taxes currently as well. This is a HUD HECM Law to protect homeowner on title. . Perfect investment or AIRBNB as you can rent every 30 days. Rio Espana is across from the beach which is deeded and waterfront with no fixed bridges. It has a heated pool and jacuzzi and dockage available. Easy to show and seller will consider financing. Could use a bit of updating but totally livable.