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1550 21st Street W
Palmetto, FL 34221
$1,000,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2617
Property Description
Welcome to your dream lifestyle in Palmetto's Fairway Estates community, where luxury meets convenience! This exclusive 4-bedroom, 3-bathroom home, situated on a sprawling 0.69-acre lot backing to the Terra Ceia golf course, feels like home from the moment you arrive. Why endure the delays of new construction when you can own this stunning residence, meticulously built in 2022, without the burden of HOA or CDD fees? Fresh landscaping highlights the curb appeal setting the tone of what is to come inside. Step through the grand double glass front doors, where the foyer opens up to an expansive, light-drenched space adorned with high ceilings and luxury vinyl plank flooring throughout. The great room, adorned with an illuminated tray ceiling and a chic shiplap wall, exudes modern elegance while hurricane rated windows and doors provide peace of mind for years to come. The heart of this home, the kitchen, is a culinary masterpiece boasting quartz countertops, a generously sized island with ample under-counter storage, and an abundance of barstool seating. The modern aesthetic is completed by black stainless steel appliances and a stylish backsplash, while a large pantry provides practical storage solutions. Discover the epitome of relaxation in the oversized owner's suite, adorned with a tray ceiling that adds an extra layer of sophistication. The en-suite bathroom is a sanctuary, featuring two separate vanities, a glass-enclosed walk-in shower with exquisite tilework, and a separate soaking tub—an indulgent spa-like retreat within your own home. Three additional well-appointed bedrooms and two tastefully designed bathrooms offer comfort and convenience for family and guests alike. Transition seamlessly from indoor to outdoor living through the expansive screened-in lanai, where the current owners have transformed this fenced-in backyard into an entertainer’s dream. The outdoor kitchen is perfect for hosting family and friends while you relax under the pergola or create the ultimate oasis by adding a pool. There is also a 2022 world cat 30 foot dual console boat that is available for purchase currently on a boat lift just 2 miles away at the marina which can also be assumed for a monthly fee. Conveniently located just minutes from I-275, I-75, US-41, and US-301, commuting is a breeze. Just around the corner is the Manatee County fairgrounds where they have the Celtic festival, carnivals, and other events throughout the year. This home is also just one block from the local Palmetoo high school or even private school options nearby. Explore the nearby Anna Maria Island and Bradenton Beach, both a short 30-minute drive away, or indulge in retail therapy at the Ellenton Premium Outlets. Whether it's a 30-minute drive to the pristine beaches or downtown St. Pete, and downtown Tampa in 40 minutes via the Sunshine Skyway Bridge (I-275), this centrally located home offers the best of both worlds. Don't miss your chance to experience the pinnacle of Florida living—schedule your showing today and make this dream home yours!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2022
MLS Number
A4598257
Location
Address
1550 21ST STREET W
City
PALMETTO
State
FL
Zip Code
34221
County
MANATEE (NORTH)
Listing
Provider
Coldwell Banker, original listing
Name
Coldwell Banker
Phone
(813) 754-3586
Office Name
COLDWELL BANKER REALTY
Office Phone
(941) 383-6411
Agent Name
Kaisen Mitchell

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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.