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1241 Gulf Of Mexico Drive
Longboat Key, FL 34228
$2,575,000
Conventional
Property
Bedroom
2
Bathroom
3
Property Type
Conventional
Square ft
2585
Property Description
Welcome to Water Club! Escape to Paradise in this Beautifully furnished Beachfront Oasis on the South end of Longboat Key. Residence 105 is almost new, with Southern exposure and natural light filling most rooms. Expansive floor-to-ceiling windows and sliding glass doors invite the gentle sea breeze. The residence has extraordinary craftsmanship and design with premium finishes, and the generous living area is thoughtfully designed for intimate gatherings or grand entertaining—Living here in Paradise, you can have instant enjoyment to create new memories that last a lifetime. The lavish primary suite pampers owners with its private terrace, updated bathroom, and a walk-in closet. The guest suite has a walk-in closet and a classic en-suite bathroom with stone floors at the opposite end of the residence. The kitchen offers a granite countertop for the chefs to create culinary delights. It has a center island and a generous breakfast area with views of the lushly landscaped garden. Features include Duchateau Vernal Como 7 " wide European oak flooring throughout, a spacious & open plan 2,600 sq. ft. under air, with 10 ft. ceilings, and an oversized terrace with partial Gulf views. It has an extended 1,000 sq. ft. terrace, 2 bedrooms + den, or 3 bedrooms and 2.5 baths on the Plaza Level. Enjoy the miles of pristine beaches and resort-style living! The Water Club is an exceptionally well-run community with a substantial reserve fund. It has a magnificent clubhouse, the social hub with a European-style spa and fitness center. The Club Room has a billiard table, a library with a fireplace, and a ballroom that can accommodate at least 100 guests for a wedding with a sunset lounge and private beverage lockers. Amenities include impeccable concierge services, a guard gate, an Olympic-sized heated pool, and Har-Tru tennis courts. This sought-after community is centrally located minutes from St. Armand’s Circle and downtown Sarasota. Also, minutes to Publix, CVS, phenomenal restaurants, opera, theaters, 45 holes of golf, and the 2nd largest marina on the West Coast. Bonus: the Water Club is pet-friendly; 2 small pets up to 35 lbs. are welcome. Escape to Paradise in this beachfront oasis. Enjoy and experience the epitome of coastal luxury living on Longboat Key.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1996
MLS Number
A4610319
Location
Address
1241 GULF OF MEXICO DRIVE
City
LONGBOAT KEY
State
FL
Zip Code
34228
County
SARASOTA (CITY)
Listing
Provider
Coldwell Banker, original listing
Name
Coldwell Banker
Phone
(813) 754-3586
Office Name
COLDWELL BANKER REALTY
Office Phone
(941) 383-6411
Agent Name
Judy Kepecz-Hays

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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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.