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3911 N Nokomis Point
Crystal River, FL 34428
$950,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1400
Property Description
Stilt Home w/ Generous Dock, and a 6000lb Covered Boat Lift. Nestled along a serene canal, with easy access to the Gulf of Mexico, as well as the crystal clear waters of Three Sisters Springs... where the manatees play. Manatees also spend time in this canal during the winter months, so don't be surprised when you see one swim by... right in your own backyard. We've even seen dolphins passing through. Also located in the backyard is a large concrete storage building with kayak and/or paddleboard racks as well as plenty of room for a workshop or just storage. This stilt home not only boasts panoramic views of the water but also offers heightened privacy and protection. As you step inside, you'll be greeted by an open and airy floor plan that seamlessly integrates the living, dining, and kitchen areas. Plenty of windows allow the sunshine to pour in, as well the double French-style glass doors that open onto a covered & screened porch. The attic is accessible from the Master Bedroom. Feel free to take a peak to see how well this home was built and to see the foam insulation throughout which keeps the home well-insulated and helps keep energy bills down. Down below you'll find a 6-Car concrete slab, Equipped w/ a Power Outlet for an RV or Camper. Step out onto the generous deck overlooking the canal, where where you can sip your morning coffee with the sunrise or maybe a nightcap while watching the moon sparkle on the canal. Boaters will revel in the convenience of having their own dock and covered boat lift. Centrally located off of Crystal River, between Kings Bay and the Gulf of Mexico. Whether you're a seasoned sailor or a weekend cruiser, the possibilities for aquatic adventures are endless. Embrace the coastal living experience with peaceful kayaking, sunset cruises, Fishing and/or Scalloping in the Gulf of Mexico, and the tranquility that comes with living on the water. Your dream home awaits, where every day feels like a vacation.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2016
MLS Number
833116
Location
Address
3911 N Nokomis Point
City
Crystal River
State
FL
Zip Code
34428
County
CITRUS
Listing
Provider
Platinum Properties of Florida LLC, original listing
Name
Platinum Properties of Florida LLC
Phone
(813) 263-8644
Office Name
Platinum Properties of Florida LLC
Office Phone
(813) 263-8644
Agent Name
Leigh Monaghan

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.