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7709 Still Lakes Drive
Odessa, FL 33556
$2,800,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
5345
Property Description
Welcome to the epitome of luxury living. Nestled within the highly sought-after Odessa neighborhood of Stillwater, this home offers the ultimate in opulence and exclusivity. As you approach the property, you'll be greeted by the charm of gas lanterns adorning the southern-style front porch, a tantalizing preview of the elegance that awaits you inside. Prepare to be captivated by the exquisite craftsmanship and attention to detail that envelop this residence. Upon entering, you'll be greeted by custom woodwork that spans throughout the home, showcasing the impeccable artistry and quality. To your left, a well-appointed home office awaits, complete with a closet for added convenience. From this vantage point, you can enjoy the serene view of the magnificent Grand Oak tree gracing the front yard, creating a serene ambiance. Continue further and you will discover your very own private bar, a sanctuary where you can unwind and relax after a long day. This thoughtfully designed space features glass and metal doors, seamlessly merging elegance with functionality. Adjacent to the bar, you'll find the elegant dining room adorned with coffered ceilings, providing a touch of grandeur. This space flows effortlessly into the large walk-in pantry and coffee bar, catering to your every culinary desire. The heart of this home is a chef's dream come true. The expansive eat-in kitchen is equipped with top-of-the-line Viking appliances and offers ample storage space. Whether you find joy in preparing elaborate meals or simply appreciate the art of cooking, this kitchen will exceed your expectations. As you prepare delicious dishes, you can savor the beauty of your surroundings, with indoor and outdoor gas fireplaces creating a cozy ambiance in both the kitchen and the adjoining light-filled great room. Retreat to the main floor's primary bedroom, an oasis of calm and sophistication. Vaulted ceilings lend an air of elegance, while two walk-in closets, equipped with custom closet systems, offer ample storage for your wardrobe. The primary bathroom is a haven reminiscent of a five-star resort, featuring two vanities, a spacious shower with double shower heads, and a luxurious soaking tub, inviting you to indulge in a moment of relaxation and rejuvenation. Upstairs, you'll find three additional well-appointed bedrooms, accommodating both family and guests with comfort and style. Two additional bathrooms, a library, and an oversized bonus/game room provide ample space for a variety of activities, ensuring that every member of your household has room for relaxation and recreation. Step outside, and you'll discover an outdoor space designed for both relaxation and entertainment. The expansive screened-in and open porches provide the perfect setting for enjoying the beautiful surroundings in comfort and style. Take a dip in the heated saltwater pool or unwind in the inviting spa. The fenced-in backyard offers privacy and ample space for outdoor activities and enjoyment. No detail has been overlooked in this exceptional residence, which truly embodies the pinnacle of luxury living. Experience the height of sophistication and indulge in a lifestyle reserved for the discerning few.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2020
MLS Number
T3510520
Location
Address
7709 STILL LAKES DRIVE
City
ODESSA
State
FL
Zip Code
33556
County
HILLSBOROUGH (WEST TAMPA)
Listing
Provider
Mihara & Associates, Inc, original listing
Name
Mihara & Associates, Inc
Phone
(813) 960-2300
Office Name
MIHARA & ASSOCIATES INC.
Office Phone
(813) 960-2300
Agent Name
Brittany Turner

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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.