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301 1st Street S
Saint Petersburg, FL 33701
$6,500
Conventional
Property
Bedroom
2
Bathroom
3
Property Type
Conventional
Square ft
1667
Property Description
Introducing Saltaire - Downtown St. Pete's Epitome of Luxurious Living, nestled in the vibrant heart of downtown St. Petersburg. Saltaire stands as a remarkable example of contemporary architectural excellence and upscale urban living. This brand-new luxury high-rise reimagines city life, delivering an unmatched blend of elegance, convenience, and sophistication. With its striking modern design, Saltaire seamlessly integrates into the city's skyline, setting a fresh benchmark for opulent living spaces. This meticulously designed, never-before-occupied two-bedroom, two-and-a-half-bathroom PLUS DEN floor plan offers spacious living areas, soaring ceilings, designer finishes, an expansive terrace, and a gourmet kitchen equipped with top-of-the-line stainless steel appliances (including a 42” built-in refrigerator, microwave/convection oven, electric cooktop, stainless steel canopy hood, and front-load washer & dryer). Imported European cabinetry, quartz countertops, and meticulously crafted interiors complete the picture. On the 7th-floor amenity deck, residents can indulge in a plethora of luxuries, including a resort-style pool and Whirlpool spa, a vast deck with cabanas, fire pits, and relaxation areas, a state-of-the-art fitness center, a spacious social room for gatherings and relaxation, a Club Bar with a catering pantry for special events, an artificial turf recreation area featuring a dog park, and complimentary wireless internet access in social areas. Beyond these resort-quality amenities, Saltaire ensures round-the-clock security, controlled building access, and a concierge and valet service for both residents and guests. Located in the heart of downtown St. Pete, you'll have unmatched access to the city's vibrant arts and culture scene, dining hotspots, waterfront parks, and upscale shopping. Your new home is just a short walk from Al Lang Stadium for Tampa Bay Rowdies soccer games or the St. Pete Pier for local events. Security is paramount at Saltaire, offering 24/7 safety and controlled building access, providing residents with peace of mind. Saltaire is not just a residence; it's a lifestyle that heightens your senses and offers a haven of luxury in the bustling city center. Experience the allure of modern living at its finest. Don't miss the opportunity to secure your place in this exclusive sanctuary of luxury.
Property Information
Lot Size
-- square ft
Property Type
Rental
Year Built
2023
MLS Number
U8242311
Location
Address
301 1ST STREET S
City
SAINT PETERSBURG
State
FL
Zip Code
33701
County
PINELLAS (SOUTH)
Listing
Provider
Ivy United US LLC, original listing
Name
Ivy United US LLC
Phone
(917) 699-9629
Office Name
IVY UNITED
Office Phone
(917) 699-9629
Agent Name
Channing Shettle

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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.