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

 Treasure Island, Waterfront investment property Short Sale.

Another Short sale in Treasure Island. If you are looking for an investment property in Treasure Island that is right on the beach, this Sunset Vista Short Sale might be a very good deal for you. Sunset Vistas is a Condotel, only a few years old and right on Gulf Blvd. The condo is 870 square feet, 2 bedrooms 2 bath, nice open floor plan and a balcony looking out to the Gulf of Mexico. Prices are down by 30% some are even down by 50% since 2006. This property produces great rental income and has an onsite management that takes care of everything you just get a check every month.  If you are looking for a good return on your money, in a great location like Treasure Island, you do not want to miss out on this one. Call us and ask about unit 404 S.

 

 

 

 

Treasure Island, Waterfront investment property Short Sale.

Bank could have gotten $50,000 more for this Short Sale.

Sellers 1099 could have been $50,000 less

We listed a Short Sale property here in Treasure island about one year ago, within weeks we had an offer, submitted all the paperwork to the bank, bank lost it 3 times, we resent everything, bank assigned a negotiator who never answered the phone, we waited forever on the BPO, after that the bank AGAIN took their merry time and month later came back with a ridiculous counter offer. The buyer walked away because it was just taking to long and he got very frustrated and the counter offer was a joke.  Same buyer made another offer 4 month later and $50,000 less and bank accepted it in no time. Please do not ask me to make any sense of this.

Bank could have gotten $50,000 more for this Short Sale.

Just closed another Short Sale in St. Petersburg.

Took a while I have to say but was worth it. We got about $60,000 more on this Short sale than we expected. Once again this deal showed that aggressive advertising and marketing pays off in a regular sale and in a short sale. Sometimes I get the feeling that a lot of Realtor list a Short sale property here in St. Petersburg and all they do is put it in the MLS, no additional advertising because (it will sell anyway sooner or later) On this particular waterfront home we went through 4 buyers. The first one back out because he did not want to wait for the short sale process to finish, second one found another home and fell in love, third one could not get the mortgage after all and number 4 was the lucky one.  Yes, as a realtor listing a Short Sale you have a long conversation with the seller and you prepare them for all kind of things that can happen but somewhere in the process they usually get anxious or frustrated or mad at the bank or or or but this Short Sale seller was a pleasure to work with and they appreciated all the hard work we as Realtors put into it.

Just closed another Short Sale in St. Petersburg

Short Sale deal on Treasure Island, luxury waterfront home in Tampabay.

Here is another Short Sale deal in Treasure Island Tampabay. This luxury completely remodeled custom waterfront home features 3800sf of living space 4 bedrooms, 3.5 baths a two car garage, saltwater pool, spa, boat dock and lift on the beautiful water on Treasure Island. This waterfront Short sale home has everything, gourmet kitchen, granite countertops, wine cooler, state of the art appliances, you name it. If you are looking for a great deal and an awesome home in Treasure Island this one might be it.

Call us for more information and photos. Short Sale deal on Treasure Island, luxury waterfront home in Tampabay.

Great Short Sale home in St. Petersburg Tampabay for sale Great Short Sale home in St. Petersburg Tampabay for sale

More Short Sales and Foreclosures in St. Petersburg Tampabay?

Over the last few months here in St. Petersburg Tampabay it seemed that the new Short Sales and Foreclosure listings are getting less. With the higher gas prices and the cost of living going up by the day I wonder if this will change again. I have talked to a lot of home owners that have homes which are upside down and a lot of them have a hard time making their mortgage payment but they do everything they can to stay in the house and pay their loan every month.  Their savings are gone, their credit cards are maxed out, how much longer can these homeowners hang in there? I know that it is tough to make the decision to do a Short Sale, you want to stay in the house, you don't want your neighbors and friends to know that you can't make the payments anymore but sometimes it is a lot better to start all over than hang on to a lost cause. There are some things in live that we just can't control and we have to deal with. A Short Sale might be one of them.

Please all us if you have questions and want to get information on Short Sales in St. Petersburg Tampabay. The first step is the hardest. Once you know how a Short Sale process works and what you can expect, it is much easier to make a decision.

More Short Sales and Foreclosures in St. Petersburg Tampabay?

Short sales, Foreclosures, why not try a Short Sale before Foreclosure?

I just commented on a post that was reminding us about the tragedies behind foreclosures and that buyers do not seem to care about it but just want a good deal. Got me thinking. It is the nature of people to get a great deal and yes, do I hear once in a while that buyers say "I feel sorry that someone had to lose their home and I get it real cheap now"  Most of the time I hear "What happened? Who destroyed the house like this"  Nearly all foreclosures that I show have holes in the walls, doors ripped off the hinges, carpet torn to shreds, light fixtures ripped off the ceiling, etc. These are damages that were done deliberately, they do not come from wear and tear. Do I feel sorry for people that lose their home? ABSOLUTELY, there are a lot of human dramas behind a foreclosure, people getting sick; losing their jobs and the list goes on. BUT the part I do not understand is FORECLOSURE  and destroying the house. Why not do a Short sale instead? Why let it go into foreclosure and be hunted down by banks and collecting agencies etc. Talk to your bank, they will agree to a short sale, you get to stay in the house for a long time till a buyer is found and till you and the bank agree on terms and conditions. Your credit score won't be hurt as bad as it would in a foreclosure, financially you will recover from this much faster. If it was me, I would try to do a Short Sale over a Foreclosure anytime. Worst case scenario if the Short Sale does not work out for whatever strange reason, you can still let it go into foreclosure. What do you have to lose?

Treasure island | Short sales, Foreclosures, why not try a Short Sale before Foreclosure?

  

  

Just closed another Short Sale in St. Petersburg.

Took a while for this Short Sale listing I have to say but was worth it. We got about $60,000 more than we expected. Once again this deal showed that aggressive advertising and marketing pays off in a regular sale and in a short sale. Sometimes I get the feeling that a lot of Realtor list a Short sale property here in St. Petersburg and all they do is put it in the MLS, no additional advertising because (it will sell anyway sooner or later) On this particular waterfront home we went through 4 buyers. The first one back out because he did not want to wait for the short sale process to finish, second one found another home and fell in love, third one could not get the mortgage after all and number 4 was the lucky one.  Yes, as a realtor listing a Short sale you have a long conversation with the seller and you prepare them for all kind of things that can happen but somewhere in the process they usually get anxious or frustrated or mad at the bank or or or but this Short Sale seller was a pleasure to work with and they appreciated all the hard work we as Realtors put into it.

Just closed another Short Sale in St. Petersburg

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

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.  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

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.

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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