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5660 80th Street N
St Petersburg, FL 33709
$235,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1245
Property Description
BRAND NEW AC! PLUS, seller is contributing $600 towards laundry service! Step into this astounding corner unit at the coveted Berkshire building (C) in the highly desirable Five Towns community! Boasting 2 spacious bedrooms and 2 baths within its 1245 sq ft, this residence features a well-designed floor plan that optimizes both space and functionality. As you enter, be enchanted by the remarkable renovations that have elevated this unit into a true treasure. The custom kitchen is a culinary delight, equipped with a gas stove and modern appliances. Both bathrooms have undergone complete transformations, showcasing contemporary finishes and fixtures. Enjoy peace of mind with impact-rated hurricane windows throughout the unit. Thoughtful touches such as ceiling fans, six-panel doors, and crown molding in every room add an element of elegance and sophistication. This pet-friendly building offers the convenience of covered parking in the carport near the entrance, ensuring seamless access to your home. Ample guest parking is also available for visitors. Residents gain access to the exceptional amenities of Five Towns, including 6 heated pools, a fitness center, card rooms, billiard room, tennis courts, entertainment center, bocce ball, horseshoes, and shuffleboard courts. For socializing, two clubhouses provide the perfect setting to connect with neighbors and forge lasting friendships. Conveniently located, this home offers easy access to shopping, dining, and entertainment options. The vibrant lifestyle of downtown St. Petersburg is just a short drive away, offering cultural experiences, art galleries, and waterfront parks. Embrace the Florida lifestyle with nearby beaches for sunbathing, swimming, or simply enjoying breathtaking views. Golf enthusiasts will appreciate the world-class golf courses in the area, providing the perfect opportunity to refine their swing. Don't miss out on the chance to own this remarkable unit that combines luxury, convenience, and a vibrant community lifestyle!
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential
Year Built
1972
MLS Number
U8227126
Location
Address
5660 80TH STREET N
City
ST PETERSBURG
State
FL
Zip Code
33709
County
PINELLAS (SOUTH)
Listing
Provider
LANDMARK REALTY GULF BEACHES, original listing
Name
LANDMARK REALTY GULF BEACHES
Phone
(727) 367-3756
Office Name
KELLER WILLIAMS GULF BEACHES
Office Phone
(727) 367-3756
Agent Name
Danielle Koryn

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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.