Not sure what to do with this fireplace for my current rehab - any ideas would be appreciated.
Rip it all out and put in a new electric fireplace like this one.
Or, reface the ugly tile on front, box out the top so it is a square/rectangle, and then drywall it. You could add some stacked stone to face it which would look fantastic as well.
use those diy brick face they sell at Lowes to resurface it.
I usually remove fire places. They take up valuable wall space and although some buyers like them they are never missed when not present. They add no resale value.
Remove it entirely.
I tend to agree with the rip it all out, but could be a can of worms depending on how the flue is constructed, I.e, is it masonry or is it steel stovepipe.
Otherwise if I was me I would build a relatively simple built-in adjustable shelf unit above and alongside the fireplace with veneer plywood and a simple face frame (using a kreg pocket hole jig), perhaps with a tv recess, and maybe dress up the mantle with some off the shelf moldings from HD. Mask off the fireplace and surrounding floors and walls with plastic and spray the whole thing with an HVLP. That would probably be cheaper to do than demoing the fireplace and patching the wall and floor.