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4650 Palm Valley Road
Ponte Vedra Beach, FL 32082
$2,359,990
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
--
Property Description
It is hard to believe that an opportunity to buy an acre of land and custom build near the coast of Jacksonville Florida still exists today. For this 1.05 acre homesite, we've selected Fox Signature Homes 3,802 sf 'Larkspur' floorplan offering 5 bedrooms, 4 baths, upstairs bonus room, dedicated office, walk in laundry/mudroom, and wrap-around front porch. An oversized two car garage leads to a full paver, circular driveway providing ample parking and functionality. With a property of this size, there are endless possibilities for outdoor enjoyment, whether you envision a pool and spa, workshop, or your own personalized retreats like a ''man cave'' or ''she shed.'' The site is prepped. Public water & sewer utilities already serve the site. There are no deed restrictions, HOA or CDD fees. A brand new sidewalk connects this property to A-rated public schools, fantastic local restaurants, YMCA fitness center, grocery store, coffee shop, Ponte Vedra Concert Hall, and the BEACH! ! All your interior finishes are customizable. Included in pricing high end finishes throughout including natural quartzite kitchen counters, appliance package by Wolf/Subzero, frameless custom wood cabinetry with soft close doors and drawers, 7" wide plank engineered hardwood flooring (throughout!) and designer tile in all baths. Also included are 7 ¼" baseboards, smooth Level 5 drywall ceilings, 8' tall solid core doors, and custom wood trimmed doors and windows. Exterior standards include Hardie Board lap siding with board & batten accents. 30 year architectural roof shingles with decorative standing seam metal accent roof, tongue-and-groove cedar porch ceilings, spray foam insulation, 8' tall stacking glass panel slider and energy efficient double pane vinyl windows. Detailed builder specifications are available upon request. Just ask! Builder guaranteed price contracts. Contact agent today to get started on designing your new home!
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2024
MLS Number
2007808
Location
Address
4650 Palm Valley Road
City
Ponte Vedra Beach
State
FL
Zip Code
32082
County
SAINT JOHNS COUNTY
Listing
Provider
Better Homes and Gardens Real Estate Lifestyles Re, original listing
Name
Better Homes and Gardens Real Estate Lifestyles Re
Phone
(904) 853-6386
Office Name
Better Homes and Gardens Real Estate Lifestyl
Office Phone
(904) 853-6386
Agent Name
Travis Minch

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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.