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7077 N Ocean Shore Boulevard
Palm Coast, FL 32137
$1,599,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
1942
Property Description
Nestled along the banks of the Atlantic Ocean sits this stunning oceanfront home on a third of an acre lot. With just over 2,400 SF of living space spanning two floors this 4 bedroom and 3 full bath home offers plenty of room to roam. The heart of this home is located upstairs where the kitchen, living and dining room flow seamlessly together and are oriented toward east with ocean views. As you drive through the gate and up the paver driveway you are captivated by the sounds of the ocean breeze welcoming you. Step inside to the first floor where you are welcomed by a travertine tiled foyer. Around the corner you will find a lower level flex space set up as an in-law suite with laundry, full bath, and a studio style room with access to the exterior through 2 double glass doors. Head up the stairs to the main living space where your eyes are immediately drawn to the majestic views of the Atlantic Ocean. The kitchen overlooks the living and dining room and features "leather" quartzite countertops, full backsplash, SS appliances and an island that is perfect for extra seating. Sliders off the dining room lead to a screened balcony that is ideal for year round enjoyment of the beauty surrounding you, while sliders off the living room lead to an open deck where you can dine al-fresco while taking in the ocean's splendor. Down the hall to 2 guest bedrooms with a shared bathroom for family and friends. At the end of the hall is the master suite with east facing picture windows gifting you with sunrise views every morning. The spa-like master bathroom features an oversize, marble tiled shower and dual vanity. Head outside to your fenced in yard that is perfect for the family pet or a game of catch. A gate leads you over the dunes and directly onto the beach to enjoy a picnic or take out the surfboard. Located just a short drive from dining, shopping and entertainment, but still feel that you are in your own private oasis. Welcome home!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1988
MLS Number
2023772
Location
Address
7077 N OCEAN SHORE Boulevard
City
Palm Coast
State
FL
Zip Code
32137
County
FLAGLER
Listing
Provider
Atlantic Partners Realty St Augustine LLC, original listing
Name
Atlantic Partners Realty St Augustine LLC
Phone
(904) 797-7442
Office Name
KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST.
Office Phone
(904) 797-7442
Agent Name
NOAH BAILEY

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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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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.