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1702 Sand Dollar Court
Kure Beach, NC 28449
$515,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
905
Property Description
Welcome to your dream coastal getaway! This meticulously maintained top floor end unit condo is a gem in the sought-after Ocean Dunes community. Boasting 2 bedrooms and 2 full bathrooms, this condo is not only a perfect vacation retreat but also a proven rental income generator. Step inside and be greeted by the open concept floor plan that offers breathtaking views of the ocean from every angle. The updated kitchen seamlessly overlooks the dining room and living room, making it an ideal space for entertaining family and friends. The living room is a showstopper with its soaring windows and doors that provide expansive views of the pristine beach. Step out onto the large deck through the sliding glass door and soak in the coastal serenity. The master bedroom is a spacious haven, complete with an ensuite bathroom and a sliding glass door that leads to a private balcony where you can enjoy your morning coffee while listening to the soothing sounds of the ocean. There's also an additional generously sized bedroom, a full bathroom, and a convenient wet bar. The Ocean Dunes community offers an array of amenities that will enhance your coastal lifestyle. Enjoy 3 private swimming pools, including an indoor pool with a hot tub for year-round relaxation. Tennis courts, a playground, a clubhouse, and a private fitness center ensure there's something for everyone. You can explore the natural beauty of the area with walking trails, and private beach access with outdoor showers is just steps away. Another huge bonus; the recreation center where the heated indoor pool, hot tub, sauna and gym are located, is conveniently situated across the street from this condo building. This prime location is also a short distance from the Kure Beach Pier and historic Fort Fisher, offering a variety of entertainment. Whether you're seeking a serene retreat, a smart investment, or a bit of both, this Ocean Dunes condo has it all. Don't miss your chance to own a piece of coastal paradise!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1984
MLS Number
100412827
Location
Address
1702 Sand Dollar Court
City
Kure Beach
State
NC
Zip Code
28449
County
NEW HANOVER
Listing
Provider
Nest Realty, original listing
Name
Nest Realty
Phone
(910) 409-7120
Office Name
Nest Realty
Office Phone
(910) 550-2788
Agent Name
Andrew Kelly

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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.