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