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5308 E Longboat Boulevard
Tampa, FL 33615
Brittany Turner with MIHARA & ASSOCIATES INC., original listing - (813) 960-2300
$2,760,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4, ½: 2
Property Type
Conventional
Square ft
6994 Square Feet
Property Description
Discover refined elegance with this executive waterfront residence, positioned in the heart of Tampa. Designed for the discerning luxury buyer, this breathtaking estate combines grandeur and intimacy, epitomizing sophisticated living. Four expansive bedrooms, accompanied by four full and two-half bathrooms, ensure lavish comfort. A home office, theater room, and opulent billiards and bar room extend the luxury lifestyle. Your journey begins through the grand double door entrance, leading into a dramatic two-story spiral staircase foyer. The formal dining room provides an enchanting setting for elegant gatherings. The two-story great room exudes a blend of luxurious warmth and majestic splendor, highlighted by a gas fireplace with a marble surround, topped with graceful French doors, transoms, and opulent chandeliers. The heart of the home, a chef’s kitchen, has been designed without compromise. This epicurean haven offers a gas range with double ovens, a Miele built-in coffee machine, an island complete with a produce sink, a wine refrigerator, and a workstation. An large walk-in pantry, equipped with a full-sized refrigerator and freezer, delivers unparalleled storage solutions. Adjoining the kitchen, the glamorous half bathroom, with its curved ceiling and marble inlays, emphasizes the home's attention to detail. The billiards and bar room, reminiscent of vintage allure, features a fireplace, belly-up bar, dual wine fridges, an ice maker, and a bar sink-setting the stage for entertaining magic. Conveniences abound with a full pool bathroom adjacent to the home theater. The media room invites relaxation in a comforting and intimate space. Venture upstairs, where all bedrooms are thoughtfully positioned. The distinguished primary suite, with natural light and commanding water views, offers a serene sanctuary. Escape to the private seating area for a quiet place to read and unwind. The primary bathroom offers amenities of a wet bar, dual walk-in closets, two water closets, a soaking tub, a makeup vanity, and a frameless walk-in shower. Positioned away from shared spaces, the home office provides privacy while boasting floor-to-ceiling built-ins. Walk along the catwalk to the first additional bedroom, offering an ensuite bathroom, extending the suite-like experience. Each additional bedroom is custom-fitted with built-out closets, meeting every storage need. Discover a bonus space off the upstairs porch, utilized as a home gym, further enriching your lifestyle. Embrace the Florida lifestyle year-round on your screened-in porch. The outdoor kitchen is equipped with an Alfresco gas grill, a hood, and a refrigerator. Overlooking the heated saltwater pool and spa, this luxurious outdoor haven promises endless leisure. The newly extended composite dock provides a platform to serene freshwater views. Take the canal to access Tampa Bay via a community boat lift. Meticulously curated and impeccably maintained, this residence boasts numerous upgrades including a propane tank, generator, central vacuum, instant hot water in the primary suite, advanced whole-house water treatment systems, resurfaced pool and spa, a mosquito comfort system, and new outdoor lighting. As part of an exclusive gated community, this magnificent home affords amenities like pickleball courts, a park/playground, and a dog park, all within minutes of the airport and downtown Tampa. This is luxury redefined, an unparalleled opportunity for those with exquisite tastes.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1998
MLS Number
--
Location
Address
5308 E LONGBOAT BOULEVARD
City
TAMPA
State
FL
Zip Code
33615
County
HILLSBOROUGH (WEST TAMPA)
Listing
Name
Phone
(813) 833-2520
Office Name
Office Phone
(813) 960-2300
Agent Name
Brittany Turner
Agency Phone
(813) 960-2300

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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.