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9034 Baywood Park Drive
Seminole, FL 33777
John Erik Savitsky with Engel & Völkers St. Pete, original listing - (727) 295-0000
$1,100,000
Conventional
Property
Bedroom
4
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
3122 Square Feet
Property Description
HIGH AND DRY LIVING IN AN EXTRAORDINARY CUSTOM POOL HOME! Sitting 12’ high above sea level, the main entrance to the home beckons you into a tranquil paradise in one of Pinellas County’s most desired neighborhoods. The Baywood Park neighborhood is a true gem characterized by custom luxury homes, spacious lots, and proximity to world-famous beaches and tons of convenient amenities—all within walking distance to the well-maintained clay tennis courts, pickleball courts, and a wonderful golf course at Seminole Lake Country Club (club membership required). Set among lush tropical palms and old Florida oaks, this custom pool home set in a wooded backdrop offers the very best of Florida living. Perfect for entertaining a large crowd or relaxing quietly around the pool (freshly resurfaced in 2021), the home features two large decks—both recently renovated (2024) with composite decking—for making the most of the beautiful outdoors. The attractive entrance leads you to a formal dining room flanked by large windows for nourishing natural light. The well-designed galley kitchen features newly refaced wood cabinets (2024) for tons of storage, granite countertops, and a view to the open family room with wet bar and the dedicated breakfast nook. Off the kitchen also sits a flexible, expansive den with new wood floors (2024) perfectly suited for a home office, playroom, or additional sitting area. The oversized, luxurious owner’s suite features custom cedar design features, access to one of the large decks, a walk-in closet, and volume ceilings for a vast open feel. The primary bathroom highlights both a whirlpool tub and a spacious shower with two shower heads, as well as dual vanities with newly refaced wood cabinets and new, bright solid surface countertops (2024). Rejuvenating red/ infrared heat lamps in the ceiling offer relaxation and spa-like benefits. A second bedroom on the main level with its proximity to the primary could be converted to an office, guest room, nursery, or even a super-large closet and dressing room! Two large bedrooms upstairs are mirror-images of each other and each features a build-in study desk offshoot area. A full bathroom upstairs features wood cabinets and granite counters with twin sinks. An oversized 2-car garage, along with two separate driveways, including a dramatic circular drive in the front and a garage driveway with added paved parking pad, provide ample parking for everyday living and entertaining. Wonderful “treehouse” home in a fabulous neighborhood located less than 15 minutes to the Gulf Beaches and to Tyrone Square Mall, 25 minutes to downtown St Pete and Tampa International Airport—it’s Paradise Found! Make it yours.
Property Information
Lot Size
17,860 sqft square ft
Property Type
Other-Single Family Residence
Year Built
1984
MLS Number
--
Location
Address
9034 BAYWOOD PARK DRIVE
City
SEMINOLE
State
FL
Zip Code
33777
County
PINELLAS (CENTRAL)
Listing
Provider
Engel & Völkers St. Pete, original listing
Name
Phone
(727) 295-0000
Office Name
Office Phone
(727) 295-0000
Agent Name
John Erik Savitsky
Agency Phone
(727) 295-0000

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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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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.