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2176 Club House Rd
North Fort Myers, FL 33917
$599,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
1896
Property Description
**Seller to pay up to $20,000 of Buyer Closing Costs**. Welcome to this exceptional 3-bed, 2.5-bath home located on a scenic canal. This turnkey property is perfect for those seeking a quick move-in sale. The standout features of this home are its updated kitchen & bathrooms. The kitchen boasts state-of-the-art appliances, sleek countertops, & ample storage space. The bathrooms have been renovated w/ contemporary fixtures & finishes. The property itself offers an idyllic waterfront lifestyle. A new motor, gem box controls, & a new canopy have been installed, enhancing the functionality & aesthetics of the dock. Water & electricity are conveniently available at the dock, accompanied by a 7,500 lbs boat lift. W/ a deep-water canal, boating enthusiasts can enjoy a scenic 10-minute ride to downtown Ft Myers. Rest assured; the home comes w/ warranties for the hurricane impact windows, doors, & sliders as well as the roof, installed in 2022. The property's exterior is equally impressive which includes a well irrigation sys. Additionally, the seawall, boasting 125 ft of waterfront, installed in 2018. W/ it's convenient location & comprehensive warranties, this property is an ideal choice for those seeking a turnkey home to call their own.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1991
MLS Number
223085030
Location
Address
2176 Club House RD
City
NORTH FORT MYERS
State
FL
Zip Code
33917
County
LEE (COUNTY CENTRAL)
Listing
Provider
DomainRealty.com LLC, original listing
Name
DomainRealty.com LLC
Phone
(239) 301-4301
Office Name
DomainRealty.com LLC
Office Phone
(239) 301-4301
Agent Name
Kylie Fowler

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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.