The Sandalwood Beach Resort in North Redington Beach will be redeveloped into a six-story “condo-hotel” with larger waterfront rooms and amenities open to the public.

Earlier this year, Nored Beach Development, led by local real estate developer and hotelier Bill Karns in partnership with Century 21 broker Jeffery Beggins, purchased the resort at 17100 Gulf Boulevard for $6 million. The seller is a partner in the new development. 

“The Sandalwood was built in 1959 and was rundown. The foundation sank seven inches during last year’s hurricanes. The previous owners spent a lot of time and money to raise the structure and redo the guest rooms,” said Karns, noting the impacts of Hurricane Helene and Milton on the property. “Because of damage from the storms, the cost of renovating the existing structure doesn’t make sense.”

The three-story resort, closed since the hurricane, has 47 fully furnished units, a pool, and private beach access. Karns said the new plan calls for demolishing the building and replacing it with the same number units, although they will be larger units designed so each has a view of the beach.