Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
624 Monroe Avenue
Cape Canaveral, FL 32920
$2,100,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
4617
Property Description
Spectacular opportunity! 5th floor Oceanfront Penthouse encompasses the entire top floor of extremely well-maintained Ocean Estates. Over 4,600 SF of living space plus 4 balconies with Ocean to River views in every direction. 4 bedrooms, 3 & 1/2 bathrooms, and multiple generously sized living and dining areas. Private elevator entry with stately Foyer and Rotunda upon entry. An enormous Living area near the entry is currently used as a game room, leading to a passthrough wet bar with wine fridge, prep sink, ice maker, walk-in pantry, with adjacent Powder Room. The Chef's Kitchen outfitted with Subzero and Meile appliances opens to the spacious Great Room and features water views in multiple directions. A wrap-around balcony off the Kitchen circles the Great Room for entertaining while... ocean gazing and perfect rocket launch views. The Primary Suite showcases a private, large oceanfront corner balcony, en-suite spa bathroom, living area with ventless gas fireplace, and multiple sliding doors for natural light and nonstop ocean views. Guest Suite features its own private SE oceanfront balcony and oversized spa en-suite bathroom. An Office with library shelving leads to 2 additional Bedrooms, one with its own private NW-facing balcony, and hall Bathroom. Electric shutters on every opening, window treatments throughout, with Travertine and porcelain Tile flooring. Private 2 Car Garage with room for your beach toys and bikes leads to the lobby elevator. All Furniture and Furnishings convey. Inquire for a full Features sheet. Rare opportunity to own such an incredible property on the budding Space Coast with the upcoming $100 mil Aquarium, flourishing Space Industries, Cruising, nearby International Airports, and stunning beaches!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2005
MLS Number
976226
Location
Address
624 Monroe Avenue
City
Cape Canaveral
State
FL
Zip Code
32920
County
BREVARD (CENTRAL)
Listing
Provider
Century 21 Ocean, original listing
Name
Century 21 Ocean
Phone
(321) 432-8455
Office Name
CENTURY 21 Ocean
Office Phone
(321) 323-1212
Agent Name
Barbara Schluraff

Local Real Estate Expert

Real Estate Expert Photo for Paul and Dawn DiNoto
Paul and Dawn DiNoto
Real Broker LLC
Call Today!: (951) 775-5066

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

HUD Foreclosures

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.