Home for Sale at 18 Port Royal Way, Pensacola, FL 32502

18 Port Royal Way
Pensacola, FL 32502

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Property Details

List Price:	$1,299,000
Beds:	3
Baths:	3
Status:	Active
SqFt:	2250
Agency:	Berkshire Hathaway HomeServices PenFed Realty

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Description/Comments

Lot Size:	4 acre(s)
Property Type:	Residential
Year Built:	1984
Notes:	Welcome to an unparalleled living experience in the heart of Downtown Pensacola! This exceptional furnished home at Port Royal, Pensacola's premier downtown gated community, is the epitome of luxury, location, and aesthetics. Nestled amidst the vibrant energy of downtown shops and restaurants, this one-of-a-kind condo boasts breathtaking waterfront views of Pensacola Bay and the bustling downtown marinas. The essence of Florida living comes alive with refreshing breezes, abundant sunshine, and private balconies that seamlessly blend indoor and outdoor living. Step inside to discover a meticulously renovated home, featuring a kitchen that could grace the pages of a design magazine. Crafted by a renowned local builder, the interior radiates sophistication with recessed LED lights illuminating the reinvented space. A tankless hot water system ensures efficiency and convenience. The attention to detail is evident throughout, with custom-built cabinets and shelves enhancing the allure of each room. The master suite, spanning an entire floor, offers a retreat of comfort and elegance. The dining area features a uniquely designed wall-mounted corner bench with a matching table, creating a stylish and functional space. The kitchen, a haven for culinary enthusiasts, showcases top-of-the-line appliances, including a GE Cafe series 5-burner induction stovetop, drawer-style microwave, double oven, Kitchenaid ultra-quiet 3-drawer dishwasher, and a GE Monogram 30" refrigerator with custom wood panels. Step outside onto the 20' expanded deck made of Brazilian teak cumaru, where a retractable 17' awning provides shade for your outdoor living room. Enjoy the warmth of the natural gas fire pit table on cool evenings or entertain with the built-in Yeti cooler on the waterfront deck. A private bonus room and wet bar downstairs add to the allure. With proximity to the pool and your own private garden courtyard! Bring your boat and rent a slip from the connected marina. Plan a tour today!
MlsNumber:	641298

Listing Provided By:	Berkshire Hathaway HomeServices PenFed Realty, original listing
Name:	Berkshire Hathaway HomeServices PenFed Realty
Phone:	(850) 932-6278
Office Name:	Berkshire Hathaway Home Services PenFed Realt
Office Phone:	(850) 932-6278
Agent Name:	Jenny Rushing
Disclaimer:	Copyright Â© 2024 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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