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4911 W Melrose Avenue S
Tampa, FL 33629
$3,695,000
Conventional
Property
Bedroom
6
Bathroom
6
Property Type
Conventional
Square ft
4843
Property Description
Welcome to your waterfront oasis in the heart of South Tampa, where Mediterranean elegance meets modern luxury. This impeccable two-story pool home is situated on a corner lot and offers an impressive array of features and amenities across its expansive 4,843 square feet of living space. Approaching the home, you'll be greeted by lush landscaping, a decorative water fountain, and a brick-paved driveway leading to a covered front entry adorned with travertine tile and extensive crown molding, setting the tone for style throughout. Upon entry, architectural details are showcased with arched entryways leading into the living and dining areas, creating an inviting ambiance. The gourmet-style kitchen is a chef's dream, boasting Marble countertops, custom wood cabinets, high-end appliances including a GE Monogram refrigerator, gas cooktop, built-in double ovens, GE Monogram built-in microwave, farm-style sink, and double stainless dishwasher. A butler's pantry with additional storage and a built-in wine fridge adds convenience for entertaining. Enjoy casual meals at the breakfast nook or the snack bar, all while overlooking the great room with its soaring ceiling and custom lighting and ceiling fan. The main level features two bedrooms connected by a Jack and Jill bath, providing comfort and privacy for guests or family members, lavishly styled with Terracotta ceramic tile floors. Ascend the hardwood staircase to the second level, decorated with artisanal lighting, you'll find the isolated primary suite featuring travertine floors, separate a/c unit, a spacious sitting area or office, a private open patio with breathtaking water and sunset views, and an expansive primary bath complete with double sinks, a soaking tub, walk-in shower, and an exceptionally large walk-in closet with a custom-built organizing system and center island. The 4th & 5th bedroom upstairs are connected with a Jack & Jill bath and the sixth bedroom has a private balcony and ensuite bath. Step outside to discover your outdoor paradise, featuring a covered seating area, a screened patio with an outdoor custom kitchen & half bath, and a large heated pool surrounded by brick-paved decking. Enjoy stunning water views, breathtaking sunsets, and direct access to Tampa Bay via your private floating boat dock with lift that can handle up to 6,000 lbs capacity and up to 27th boat. The property is meticulously landscaped throughout, enhancing its tropical allure. Additional features include a level 2 charging stations for 2 vehicles - Tesla and a J1772 connector, FULL house generators that runs on natural gas and can supply the entire house, fully landscaped front yard, Mango tree, installed generators for peace of mind, security system and hurricane-rated electric storm shutters. Located just minutes from prime shopping destinations, including International Mall, Westshore Marina district, Bayshore Blvd, and Hyde Park Village, this home offers unparalleled convenience. Easy access to major highways such as Dale Mabry, Kennedy Blvd, and Tampa International Airport ensures effortless travel. Within the sought-after Plant High School district, and with proximity to Gandy Blvd and Downtown Tampa, this property embodies luxury living at it's finest.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2008
MLS Number
U8239334
Location
Address
4911 W MELROSE AVENUE S
City
TAMPA
State
FL
Zip Code
33629
County
HILLSBOROUGH (SOUTH)
Listing
Provider
Keller Williams St. Pete Realty, original listing
Name
Keller Williams St. Pete Realty
Phone
(727) 894-1600
Office Name
KELLER WILLIAMS ST PETE REALTY
Office Phone
(727) 894-1600
Agent Name
Jac Smith

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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.

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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.