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10521 Amberjack Way
Englewood, FL 34224
$589,900
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
2856
Property Description
One or more photo(s) has been virtually staged. Experience luxury living in this updated and spacious 4-bedroom Penthouse condo, located in the coveted Hammocks community in Cape Haze. As you step inside, you'll be greeted by breathtaking views of the nature preserve and Lemon Creek, creating a serene atmosphere that feels like you're nestled in a private nature sanctuary. This prestigious community is accessed through a secure gated entrance, offering a tranquil escape from the hustle and bustle of everyday life. As you ascend to the top floor, your feet will be met by beautiful Travertine floors, an exquisite touch that sets the tone for this exceptional residence. Upon entering, you'll find a formal foyer that leads to a generously proportioned great room, seamlessly connected to the kitchen and dining area. The dining room has been thoughtfully enhanced with extensive shelving, creating an ideal space for a home library or open-concept office. The kitchen is a chef's dream, boasting brand-new stainless steel appliances, wood cabinets, and stunning granite countertops. With ample space for entertaining, you can host friends and family with ease. The expansive lanai, equipped with a vinyl enclosure system, expands the air-conditioned living space and simplifies patio maintenance. When it's time to retire for the night, the spacious master bedroom awaits, featuring new plush premium carpet, fresh paint, and a large walk-in closet. The master bathroom is a true oasis, offering dual sinks, a relaxing garden tub, and a convenient walk-in shower. Guests and family members will feel right at home in the three additional well-appointed bedrooms, one of which has an en-suite bathroom. There's another full bathroom and a convenient half bath for guests. The sizable laundry room provides ample storage and doubles as an extended pantry, enhancing your organizational options. The community itself offers an array of amenities, including a heated pool and spa, tennis courts, a pickleball court, and a clubhouse for gatherings. Boating enthusiasts will delight in the proximity of two marinas just across the street, making it easy to embrace the boating lifestyle. And if the beach is your preferred destination, Boca Grande is only a short drive away. If you've been dreaming of a maintenance-free condo lifestyle without compromising on space or luxury, this property is a must-see. Don't miss the opportunity to explore this remarkable home—check out the virtual tour link for an interactive 3D Matterport experience.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2007
MLS Number
A4585512
Location
Address
10521 AMBERJACK WAY
City
ENGLEWOOD
State
FL
Zip Code
34224
County
CHARLOTTE
Listing
Provider
Coldwell Banker, original listing
Name
Coldwell Banker
Phone
(813) 754-3586
Office Name
COLDWELL BANKER REALTY
Office Phone
(941) 907-1033
Agent Name
Joe Murphy

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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.