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12191 165th Ave
Cedar Key, FL 32625
$779,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1383
Property Description
Seaside water and wildlife views in grand style! Walk through the front doors and be wowed by the incredible water and wildlife views in this quiet cove setting on Cedar Key! Relax and unwind while sipping your morning coffee or tea enjoying the scenic view from the spacious screen deck. The new retractable screen system lets you decide if you want the deck open or the screens down. The screening allows you to enjoy the extra room all year long with lots of space for dining, casual seating, and even a hammock. The two remote- controlled fans keep the deck comfortable when the breeze tapers off. Whether enjoying a good book or just hanging out on the deck, you will be entertained by any number of wildlife including at times dolphins hunting for mullet, redfish tails bobbing, rays surfing, eagles and osprey swooping for fish, and anginas diving. At other times there are roseate spoonbills, egrets, pelicans, avocets, ring ring-billed ducks just to name a few of the incredible wildlife. Enjoy high ceilings and windows galore in this generous two-master bedroom home built in 2016. Wake up to waterfront views in each of the spacious bedrooms, one on each side of the home. Both have sliding doors that open to the waterside deck. Each bedroom has a luxurious bath with beautiful high-end cabinetry, stunning tile, and quartz countertops. One master has a grand walk-in tiled and glass door shower, the other bath has a deep spa soaking tub. The bedrooms have high walk-in closets with custom shelving and drawers for plenty of storage. The second bedroom has a large linen closet in the bathroom. The spacious laundry room/pantry has custom shelving and additional storage. There are code locks on both bedroom closet doors and laundry room doors to keep all your belongings safe and secure. The kitchen and great room are an open floor plan with views from every angle of this spectacular waterfront home. Here are a few of the unique features of this showpiece home: Double and triple glass tempered sliders across the back of the home with hurricane shutters. Kitchen Maid cabinets and quartz countertops in kitchen and bathrooms Beautiful white and gray quartz island with seating Stainless appliances accentuate the stunning custom counter-to-ceiling wall of tile behind the stainless range hood. Custom cabinet lighting shows off the four glass door cabinets; unique pendant lighting creates a stylish look. Recessed ceiling lighting throughout creates a custom ambiance. Huge laundry room with storage, extra storage closet, and custom shelves High-end wood-like ceramic tile runs throughout the home. Custom wood trim accentuates the upscale 8' doors. New plantation blinds across the front of the home including the double French front door. Garage with custom storage shelving and bike racks. Floating dock for launching kayaks and fishing. This stunning water front home will really "wow" you--call to see it today!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2016
MLS Number
790053
Location
Address
12191 165th Ave
City
Cedar Key
State
FL
Zip Code
32625
County
LEVY
Listing
Provider
Cedar Key Realty, Inc., original listing
Name
Cedar Key Realty, Inc.
Phone
(352) 543-9899
Office Name
Cedar Key Realty, Inc.
Office Phone
(352) 543-9899
Agent Name
Vanessa Edmunds

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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.