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517 Suwanee Circle
Tampa, FL 33606
$3,895,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
4026
Property Description
Davis Island living at its best! Own a private oasis on approximately 138 feet of waterfront with this 0.36 acre ranch, renovated in 2020-2021. This must see one story home offers 5 bedrooms (5th bedroom is huge and can be used as a bonus room) and 4 full bathrooms with an amazing family-friendly floor plan featuring formal living, waterfront dining, separate office, walk-in pantry, and laundry/mud room. The large kitchen is a chef’s delight featuring 2 islands, natural stone quartzite counters, gas cooktop, French door double convection ovens, advantium speed oven, and a dedicated tap for instant hot water and RO filtered water. The original portion of the home offers charming built-ins, large bedrooms, original hardwood floors which beautifully transitions into an addition to create a separate primary bedroom with waterfront views. The house sits on an oversized, fenced in lot with custom playground, swimming pool and large open back porch, quaint brick paved courtyard off of the kitchen, 6,000 lb boat lift and floating dock for kayak and paddle boarding. The 2.5 car attached garage has storage in attic space with easy access. The community offers a charming downtown strip with dining, shopping and local RX, which lead to the end of the island and the beautiful DI Yacht Club with dog park and white sandy beach overlooking sail boats and DI airport. The island is golf cart friendly. With convenient access to downtown and the riverfront, this location is a win! Roof 2023, HVAC 2018, 2021 and 2022, brand new irrigation system and sod. MUST SEE VIRTUAL TOUR to appreciate the floor plan and views. https://realestate.febreframeworks.com/videos/018ea9e0-4929-72bc-8a86-d40a7acd7295
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1949
MLS Number
T3512325
Location
Address
517 SUWANEE CIRCLE
City
TAMPA
State
FL
Zip Code
33606
County
HILLSBOROUGH (SOUTH)
Listing
Provider
Palermo Real Estate Professionals, original listing
Name
Palermo Real Estate Professionals
Phone
(813) 637-0117
Office Name
PALERMO REAL ESTATE PROF.INC.
Office Phone
(813) 637-0117
Agent Name
Lara Champ Mays LLC

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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.