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8251 Brent Street
Port Richey, FL 34668
$318,500
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1025
Property Description
This beautifully updated 2 bedroom, 2 bath, 1st Floor condo in the gated community of Sand Pebble Pointe has a million-dollar, unobstructed view of the Cotee River and the Gulf of Mexico. You can also enjoy the view from the primary bedroom, which includes a large walk-in closet, en suite bath, crown molding and sliding doors that lead to the lanai. The updated kitchen has granite counter tops, stainless steel wine refrigerator, tray ceiling with can lights and a ceiling fan. The spacious living room/dining room combo has sliding doors that provide access to the lanai to enjoy the view of the Gulf of Mexico. The guest bedroom has a built in Murphy Bed. You will enjoy the impact rated exterior sliders and windows throughout unit, as well as plantation shutters. Solar film on the sliders helps cut down the afternoon heat from the sun. Front door was replaced and a new on demand hot water heater installed 2023. AC 2016 (serviced annually & fan motor replaced). There is one assigned carport #915 across from front of building and one assigned storage room #915 in the garage. Condo fees include: basic cable, internet, trash, all exterior maintenance, lawn care, access to 2 swimming pools, 24 hour guard at security gate, community boat ramp, waterfront boardwalk, fishing pier, tennis, pickleball, new clubhouse with a fully equipped kitchen available for rent, fitness room, library, pool table and ping pong table. The condo is located in Phase 1, which allows owners to get on a list to purchase a PRIVATE boat dock and/or purchase a spot at the RV/Boat storage lot upon availability (please inquire with Agent). NO Pets. No age restrictions. Close to historic downtown New Port Richey, shopping & waterfront dining. Tampa International Airport is 50-minute drive. You are less than 1-hour from all of the area beaches. Don’t miss your chance to wake up to a view of the Gulf of Mexico every morning.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1982
MLS Number
U8236465
Location
Address
8251 BRENT STREET
City
PORT RICHEY
State
FL
Zip Code
34668
County
PASCO (COUNTY NORTH)
Listing
Provider
Coldwell Banker Residential Real Estate, original listing
Name
Coldwell Banker Residential Real Estate
Phone
(727) 781-3700
Office Name
COLDWELL BANKER REALTY
Office Phone
(727) 781-3700
Agent Name
Karen Thomas

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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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Foreclosure Listings Increasing

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.