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1124 W Gulf Beach Dr
St. George Island, FL 32328
$799,000
Conventional
Property
Bedroom
2
Bathroom
3
Property Type
Conventional
Square ft
1338
Property Description
Welcome to Island Palms! Move-in ready and located just a short stroll to the #1 rated St. George Island beach! Step outside onto the spacious deck offering a view of the Gulf and enjoy the Gulf breezes, perfect for your morning coffee or evening dining. The large covered outdoor party area is a true highlight, featuring a heated swim spa with jets and swim current, providing endless relaxation and entertainment possibilities. Inside, the home boasts two generously sized master suites, providing comfort and privacy for residents and guests alike. The light-filled open concept living room, dining room, and kitchen create a welcoming atmosphere, ideal for gatherings and entertaining. The property features a large under-house garage area, offering ample space for storage and a FUN outdoor party area. Additionally, there's plenty of room on the west side of the house for a future pool, further enhancing the outdoor living experience. A large area on the west side of the house has new chain link fencing for a future pool or a fun play area. Sold fully furnished, this home is ready for you to move right in and start enjoying the coastal lifestyle. Not only does this home offer the perfect retreat for relaxation and enjoyment, but it also presents a lucrative rental opportunity, with an impressive rental income of $56,660 in 2023. New HVAC system installed in October 2020 and a new drain field in 2023. Don't miss your chance to own this slice of Gulf Coast paradise. Schedule a showing today and make your beachfront dreams a reality!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1970
MLS Number
316457
Location
Address
1124 W Gulf Beach Dr
City
St. George Island
State
FL
Zip Code
32328
County
FRANKLIN
Listing
Provider
Berkshire Hathaway Home Services - SGI, original listing
Name
Berkshire Hathaway Home Services - SGI
Phone
(850) 927-6000
Office Name
Berkshire Hathaway HomeServices - SGI
Office Phone
(850) 990-0020
Agent Name
Mary Johnson

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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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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.