Properties, Houses and Condos for Sale in St Petersburg Treasure Island Florida

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Great deals, waterfront single family homes, short sale, pre foreclosure, bank owned in St. Pete, Treasure Island, Madeira and Yacht Club Estates

Here are some distressed Properties that a great deals, Single family waterfront houses that are either short sales or foreclosures or bank owned.

 

Address

Subdivision

Water Front

Pool

Gar/Car

Sq Ft

BR

Bath

List Price

17719 Long Point Dr

Long Point

Y

N

NONE

1,365

3

2

$299,900

7939 1ST AVE S

SOUTH CAUSEWAY ISLE

Y

N

NONE

1,856

3

2

$369,900

7852 Causeway Blvd S

South Cswy Isle

Y

N

2CRGR

1,420

2

2

$399,000

509 Bayshore Dr

Gulf Shores Add 05

Y

N

2CRGR

1,667

4

2

$400,000

623 180th Ave E

Surfside 04

Y

N

2CRPT

1,260

2

2

$409,900

10228 Tarpon Dr

Paradise Island

Y

N

1CRGR

1,409

2

2

$474,900

34 Dolphin Dr

Paradise Island Add

Y

Y

2CRGR

2,451

4

3

$475,000

710 119th Ave E

Capri Isle

Y

Y

2CRGR

2,113

4

2

$475,000

12005 4th St E

Capri Isle

Y

Y

3CRGR

2,330

3

3

$489,000

15326 Harbor Dr

Lone Palm Beach

Y

N

1CRGR

1,558

2

2

$499,000

670 American Legion Dr

Galley`s Cove

Y

Y

2CRGR

2,416

4

3

$500,000

530 Johns Pass Ave

Crystal Island Add 0

Y

N

2CRGR

2,025

3

2

$525,000

9975 Gulf Blvd

Boca Ceiga Pass

Y

N

NONE

2,786

5

5

$549,000

3001 Alton Dr

North Vina Del Mar A

Y

Y

2CRGR

2,174

3

2

$565,000

6431 3rd Palm Pt

Three Palms Point Un

Y

Y

2CRGR

3,357

4

3

$650,000

11120 5th St E

Isle of Palms Add 01

Y

Y

2CRGR

4,794

5

5

$650,000

15529 REDINGTON DR

LONE PALM BEACH 4TH

Y

Y

3CRGR

2,810

3

3

$659,000

Information taken from Suncoast MLS

 

If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

If you want to buy a waterfront short sale in St. Pete Beach or Treasure Island

If you want to buy a waterfront short sale in St. Pete Beach or Treasure Island

Here are some fantastic real estate opportunities. I just checked the local MLS system and there are short sale condos and homes in the St. Pete Treasure Island area that are directly on the water either Intracoastal or beach front.

Just to give you a few examples

Sunset Vistas in Treasure Island, short sale condo asking price is $265,000. Sunset Vistas is a beautiful condo complex right on the beach.  It is only a few years old and it offers great rental income to owners. This 2 bedroom 2 bath beachfront condo sold for $405,000 in May of 2006

Boca Sands in St. Pete Beach a nearly new condo complex on the water has a short sale condo, asking $599,000 this 3 bedroom 3 bath 2370 square foot condo sold in May 2006 for $750,000

Buying a short sale condo or home can be a frustrating and time consuming process but it is worth it.

 

If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

 

Silver Sands in St. Pete beach, short sale condo

Silver Sands in St. Pete beach, short sale condo.  Wow, what an opportunity for a buyer that is looking for a waterfront condo in Silver Sands St. Pete beach.

This Short sale came on the market 4 days ago and they are asking $499,000. It is a 3 bedroom 2 bath condo with great water views onto the Gulf of Mexico. This one will be gone in a heart beat and they might get more than asking price. Waterfront condos lke this do not came up for sale very often.

 

 

Silver Sands is a great waterfront condo complex in St. Pete Beach, it has 3 different buildings and one of them allows pets. The rental restriction is 90 days. Silver Sands has a wonderful pool area, tropical landscaping and a very nice beach front.

 

 

 

 

Silver Sands in St. Pete beach, short sale condo

Short Sale vs Bank Owned

Thesa, thank you, this is great information for buyes and sellers. Right now it takes the banks forever. They all claim to be soooooo busy.

Via Central Oregon Real Estate | Broker Thesa Chambers, Licensed in Oregon (RE/MAX Sunset Realty La Pine):

Today Buyers and Sellers of Central Oregon homes are hearing these terms more and more which bring more questions than answers most of the time.  There are many misunderstandings of what these terms mean and what the process is or can be.  The current real estate market is one that even veterans of 40 plus years have never seen before.  Let's explore what these mean here locally and have a glimpse of what they may mean in other areas.
shortsales

The Short Sale - A seller is attempting to sell their home for less than they owe the bank.  That is the simple answer to what a short sale is.  As we tread on you will see that the answer is not all that simple.  How can the seller do this is one of the most common questions followed by how can I buy this home for less.  The seller of a short sale is usually behind at least one payment and can not keep up with the current mortgage.  The banks do not want to have to take the home (Foreclosure).  Some of the reasons are, banks are not in business to be home owners and the average cost to the bank for a foreclosure is in excess of $30,000 according to some experts.
Ashley Drake Gephart, Associate Broker, REALTOR® a good friend in Albuquerque explains in more detail what a short sale is

A short sale of a residential property is still owned by the owner, but the owner is usually behind in their payments and the price listed is short of what is needed to pay off the mortgage and closing costs. There is no guarantee that the bank will accept a short sale even if the owner offers the full list price, and the response time from a bank on an offer can take up to six months.

A Short Sale is always subject to the lender approval this process is far more complicated that it sounds.  Some homes currently listed as a short sale have a first and a second mortgage.  In these cases approval by both lenders is necessary.  Most short sales will be sold as is, with few if any warranties.  Everything about the contract depends on the bank agreeing to it.  A short sale can take weeks to months to get bank approval.

Joshua Jarvis REALTOR® in Georgia also explains short sales;

Pre-Foreclosures are also called Short Sales in some cases. Most of these will be listed as well.  Short sales can be a great deal and opportunity but do require patience and a easy living arrangement in case the deal falls through. Not all pre-foreclosures are short sales, but most will be.

The process is not as simple as it sounds.  There are specific documents the seller will need to provide sometimes multiple times, the listing agent will need to have extensive communication with multiple parties to keep the ball rolling and be familiar with the process and the specific situation.
As a buyer you can have the best agent out there and if the listing agent is un-aware of the process your offer can be a total waste of time.   Sellers if you are working with an agent and trying to short sale your home, make sure your agent knows the process.  More than one buyer can tell you that they had an offer with a short sale only to find that it went to foreclosure anyway.  Reasons for this can vary from the bank would not accept the offer to the listing agent did not ask for the sale date to be delayed while the offer was negotiated.

Complete Article of Central Oregon Bank Owned vs Short Sale

Waterfront short sale homes in Saint Petersburg Fl.

Today I showed a few waterfront homes under $500,000 in Saint Pete Beach, Treasure Island, Madeira beach and Redington. You just never know what to expect when you show a foreclosure, short sale or bank owned house. The first one on Isle of Capri, advertised as waterfront for $249,000 was only water view and the smell that hit us when we open the door was so bad, my clients did not even want to go in. That was probably the fastest showing I ever had.

Another home asking price $ 225,000 in Redington beach had just a little bit of water (maybe 15 feet) and no chance to put a boat dock in, but still, the price was great. When we went inside, we found out why. The doors were gone, the appliances were gone, the whole kitchen including cabinets and sink etc. was gone, all the electrical receptacles were gone, all light fixtures gone, the AC was gone, we were actually surprised why they had not taken the front door. We saw a few others between $400,000 and $500,000 that had very strange floor plans and we saw about 3 homes under $500,000 that were just great and in good condition with a nice waterfront and priced way below market value.

So, if you are looking for a short sale or bargain, be prepared, you never know what you will find. There is the good and the bad and lots of things in between.

 

If you think about buying or selling a house or condo in Saint Petersburg Florida, give me a call. I know the market, I know the neighborhood. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Tampabay areas. We also work with short sale and foreclosures.   727 409 8706

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