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327 Compass Point Drive
Bradenton, FL 34209
$875,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2159
Property Description
BEEN TO THE BEACH LATELY? Summer is the perfect time to bring the family for some fun in the sun on Florida’s Gulf Coast! “Where can I find an affordable Coastal Community, you might ask?” At Harbour Isle of course, it's the Perfect “getaway” featuring RESORT STYLE amenities and located just off Anna Maria Island. “The timing is not the best; you might be thinking.” Maybe NOT, it’s still a “Buyer’s Market” so why hesitate? Get in the game before the pendulum swings back and you miss an opportunity to own this AMAZING 3 Bedroom Townhome (large enough for the kids AND their friends) to enjoy on weekends or for this year’s family vacation. This incredible property features: A kitchen the family Chef will Love offering 42" cabinets with pull outs, a center island great for entertaining, Granite counters, a double oven, and a Stainless French door refrigerator. The living room boasts Cathedral Ceilings, while a full-size dining room showcases Ship lap accents, the Sun Room is an ideal spot for your big screen TV or a pull out couch and the "Observatory" upstairs can be a HOME OFFICE to stay connected while you're away. Awaken to a picturesque Lagoon view from the primary bedroom complete with a private bath featuring a shower big enough for two, twin sinks and private water closet. The large walk in closet might be more than you need for swim suits and flip flops. Additional bedrooms are on the opposite side of the home offer privacy for guests and the second bedroom has an en-suite bath. An ELEVATOR makes coming in with groceries a breeze, the NEW AC unit keeps costs in check, there is a full perimeter security system so you can "lock up and go" at your leisure. AND let’s not forget the incredible BEACH CLUB!! There's a Resort size POOL, private beach, Complete Gym, 5 Star restaurant and second story lounge with a balcony where you will watch Spectacular Sunsets over Anna Maria Sound. The Compass Hotel (a Margaritaville Resort) is just outside the Gated Entrance of Harbour Isles and there is a Marina on the property where you can dry dock your boat. Walk, run or bike ride to beaches on the Gulf of Mexico. This unit is VALUE PRICED so call TODAY!!!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2015
MLS Number
A4590197
Location
Address
327 COMPASS POINT DRIVE
City
BRADENTON
State
FL
Zip Code
34209
County
MANATEE (NORTH)
Listing
Provider
FINE Properties, original listing
Name
FINE Properties
Phone
(941) 782-0000
Office Name
FINE PROPERTIES
Office Phone
(941) 782-0000
Agent Name
Richard Capps

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Julie Pieczonka
Fine PROPERTIES
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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.