Property was flooded. Initial remediation started, house empty with kitchen and baths and lower drywall removed. City of St Pete Beach issued Non Substantial Damage Letter stating "Damage estimated at 34.8% of the structure's value". Recent appraisal gave value of "Actual Cash value of $375,000. It appears renovation is possible if Permits and costs do not exceed FEMA's 50% Rule. Broker and Agents make no representation and to what can be done. Consult with the City of St Pete Beach and your contractors for costs and possibllity to renovate.