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4050 G St
Cedar Key, FL 32625
$450,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1024
Property Description
You will have absolutely STUNNING open Gulf of Mexico SUNSET VIEWS from this first floor condo in historic Cedar Key, Florida! Elevate your lifestyle in this meticulously curated space, where every detail has been thoughtfully designed to provide unparalleled comfort and convenience. Magnificently remodeled, with quartz counters, stainless appliances and nice tile flooring throughout, this two-bedroom, two-bathroom unit at Seahorse Landing could be your new home! Step into luxury living with this stunning condo, boasting a kitchen fully stocked with kitchenware and devices, ready for culinary adventures and gourmet delights. Built in a high spot along Daughtry Bayou, this complex is on high enough ground that it does not have to be elevated. You'll enjoy the best of both worlds--good elevation and no stairs! The open floor plan unit boasts a wall of windows seaside--the open Gulf views are unmatched. Enjoy privacy and energy efficiency with professionally installed window tinting, offering both seclusion and assistance in maintaining optimal temperatures. Watch the dolphins and seabirds at play from your unit-wide covered porch. Enjoy the porch swing while you sip your favorite drink and watch for wildlife--abundant in this well-preserved stretch of the Nature Coast. This special end unit has the luxury of a wrap-around porch that most other units can't offer. You will be thrilled with the unit's recent updates, including new appliances and major systems. Experience year-round comfort with brand-new heating and air conditioning units, ensuring cozy winters and refreshing summers. Say goodbye to chilly showers with a state-of-the-art water heating system, providing seemingly endless streams of warmth for your relaxation. The owner is selling fully furnished--even leaving a Brother laser printer, two flat-screen televisions, all cleaning and maintenance supplies, back-up bedroom linens, blankets, towels, and many other items. It will be ready to occupy or to rent on closing day! Jump into island fun right away! Sun or swim in the waterside swimming pool and hot tub, or try your luck fishing off the boat dock (currently under repair). Drop your kayak in the water right behind your condo and explore the coastline's uninhabited islands and mangrove channels. Seahorse Landing is the only complex that includes a large storage locker for each unit. Stow all of your water and beach toys, you bicycles, coolers, etc., out of your way. When you're ready for downtown fun, it is only a quick walk several blocks along the shoreline to reach delicious seafood restaurants, unique gift shops, and the City Park, with its beach, playground, sports court and picnic facilities. Can't be here full time yet? Put the unit in a rental program with a recommended vacation rental agency, and draw extra income while you are away. Two large bedrooms make it comfortable for a family, or two couples--popular rental scenarios. Call to take a look ASAP! This is a NICE UNIT and won't last on the market very long.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1995
MLS Number
790352
Location
Address
4050 G St
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.