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7460 A1a S
St Augustine, FL 32080
$3,290,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
4215
Property Description
Discover Your Oceanfront Dream Home Perched Atop The Crescent Beach Dunes. Spanning 4,215 Square Feet,This Residence Invites Sophisticated Coastal Living. Nestled On A .76-acre Lot,It Boasts 100 Feet Of Exclusive Ocean Frontage Along The Atlantic Ocean. Enjoy Unobstructed,Panoramic Views Of The Ocean To The East And Breathtaking Sunset Vistas Over The Intracoastal To The West. Recent Comprehensive Renovations Showcase Quality Craftsmanship And High-end Finishes Throughout. This Design Masterpiece Offers Five Bedrooms And Four Bathrooms,Ensuring Ample Space For Relaxation And Privacy. It's Perfect For Entertaining,Whether Inside Or On The Expansive Deck That Spans The Home's Length. Here,You Can Accommodate Friends And Family,Enjoying The Ocean Breeze And Dining Al Fresco. The Home's West Side Offers Serene Views Of The Intracoastal,Providing A Peaceful Contrast To The Vibrant Oceanfront.,Upon Entering Through The Double Gates,You're Welcomed By Manicured Grounds And A Double Circular Driveway. Ascending The Stairs,The Sound Of The Ocean Calls,With Its Vistas On The Horizon. Passing Through The Double Glass Front Doors Into The Foyer,The Kitchen Lies To One Side And The Family Room To The Other. The Gourmet Kitchen,A Chef’s Dream,Features Quartz Countertops,Stainless Steel Appliances,And A Farmer Sink With Direct Intracoastal Views. The Formal Dining Room,Situated Oceanside,Connects To A 29 X 16 Family Room Adorned With Built-in Cabinets,Shelving,And Electric Shades. The Home's Unique A-frame Section,Housing A Cozy Living Room With A Wet Bar,Two Bedrooms,And A Bathroom On The Lower Level,And A Secluded Guest Suite Above,Adds Character. The Master Suite Occupies The Entire Upper Level,Offering Privacy,Luxury,And Sweeping Ocean Views. It Features Wall-to-wall Windows,Built-in Cabinets,And An En-suite Spa-like Bathroom With A Soaking Tub,An Oversized Shower,Dual Vanities,And Personal Laundry Facilities. The Lower Level Introduces An Ingeniously Designed Ensuite With A Murphy Bed And A Bathroom That Smartly Includes A Stackable Washer/Dryer. The Oversized Three-car Garage,With Epoxy Floors,Provides Ample Storage For Beach Gear. This Residence Is Not Merely A Home But A Statement Of Luxurious Coastal Living,Blending Spacious,Meticulously Designed Living Areas With The Natural Beauty Of Its Oceanfront Setting. It Promises An Exclusive Lifestyle For Those Who Value Privacy,Luxury,And The Timeless Allure Of The Ocean. A Full List Of Renovations And Potential Short Term Rental Proforma Available Upon Request. Welcome To Paradise!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1973
MLS Number
239217
Location
Address
7460 A1A S
City
St Augustine
State
FL
Zip Code
32080
County
SAINT JOHNS COUNTY
Listing
Provider
Atlantic Partners Realty St Augustine LLC, original listing
Name
Atlantic Partners Realty St Augustine LLC
Phone
(904) 797-7442
Office Name
Keller Williams St Augustine
Office Phone
(904) 797-7442
Agent Name
Noah Bailey

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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.