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1900 Illinois Avenue Ne
St Petersburg, FL 33703
$2,600,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
2812
Property Description
Experience the epitome of waterfront living with a breathtaking 139-foot OPEN WATER PANORAMA, stretching from a tranquil sunrise over Apollo Beach to the procession of cruise ships beneath the Sunshine Skyway Bridge. As night falls, delight in the multicolor light show on the bridge & downtown's skyline often illuminated with celebratory fireworks, creating an unrivaled vista in a coveted Venetian Isles “point” property. Imagine waking up to spectacular sunrises, dolphins frolicking & graceful manatees while sipping your morning coffee. Nestled at the tip of a serene CUL-DE-SAC this exceptional lot was handpicked by Venetian developer Mark Sibley to build his personal home. A tropically landscaped yard welcomes you, leading to a secluded gated courtyard complete with a soothing fountain. Once inside the courtyard, you'll be immediately drawn towards the captivating waterfront scenes that beckon you inside. It is an over the top “WOW” view. As you step inside, the world beyond fades away, replaced by the mesmerizing OPEN BAY VISTA that greets you. Transparent living spaces seamlessly flow to the luxurious pool deck, worry-free seawall, and a private dock offering front-row seats to Tampa Bay's vibrant marine life. A step-down dock provides easy access for visiting boats, paddle boards and kayaks. The state-of-the-art dock with cool Thru-flow decking, offers a 16,000# dual-motor boat lift that grants quick water access by boat! Explore the bay's pristine waters or leisurely voyage to vibrant downtown St Pete with hourly dockage slips readily available allowing you to explore a tapestry of the best of St Pete: Saturday morning markets, world-renowned art museums including the Dali Museum, diverse award-winning restaurants, boutique shopping and the Pier. Back inside, the architecturally designed Allikristé kitchen, resplendent with decorative wood beams, a Copper farm sink and Copper rangehood, marry functionality with decorative flair. Open shelving and glass-paneled cabinet doors add a touch of openness. chef will love the Sub-Zero refrigerator and 6 burner dual-fuel Dacor gas stove with a convection oven making culinary endeavors a delight. Adjacent to the kitchen, the glass dining room offers unobstructed views of the bay and leads seamlessly to the lanai, ideal for alfresco dining or sipping a glass of wine at sunset. The family room, adorned with bespoke craftsmanship boasts a custom “hidden TV” cabinet above an arched gas fireplace, perfect when the rare winter evening beckons for coziness. Retreat to the sumptuous primary suite, where you are beckoned to the pool deck. Complete with a walk-in closet, sitting area and a luxurious ensuite bath featuring a jetted tub, walk-in shower, and dual vanities. This sanctuary promises ultimate relaxation. A waterfront guest suite, appointed with an ensuite bath, offers direct access to the pool, ensuring comfort for discerning guests. Three additional bedrooms provide ample space for family, guests or a dedicated home office. One bedroom/office is elegantly finished with hand crafted cabinetry, perfect for showcasing personal collections and treasured books. This is not just a HOME, it's a sanctuary of opulence. If you must venture out, Whole Foods, Publix & Trader Joe’s are close by. Beach enthusiasts: the award-winning Gulf Beaches are a short drive away. Golfers: the Vinoy & Mangrove Bay Golf Courses are nearby. This residence is more than just a home; it's your FLORIDA DREAM realized! Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1978
MLS Number
U8235624
Location
Address
1900 ILLINOIS AVENUE NE
City
ST PETERSBURG
State
FL
Zip Code
33703
County
PINELLAS (SOUTH)
Listing
Provider
Jean Kenlan Willingham Realty, original listing
Name
Jean Kenlan Willingham Realty
Phone
(727) 867-2011
Office Name
JEAN KENLAN WILLINGHAM REALTY
Office Phone
(727) 867-2011
Agent Name
Jean Willingham

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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.