Home for Sale at 15440 COUNTY ROAD 675, PARRISH, FL 34219

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15440 County Road 675
Parrish, FL 34219

Paul Hart with PREFERRED SHORE, original listing - (941) 999-1179

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Property Details

List Price:	$2,750,000
Beds:	9
Baths:	Full: 7
Status:	Active
SqFt:	5825 Square Feet
Agency:	PREFERRED SHORE
Agency Phone:	(941) 999-1179

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Description/Comments

Lot Size:	18 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1988
Notes:	This is a rare opportunity to own an agriculturally zoned 18 acres (combination of 3 adjoining parcels) 5 minutes from town. These parcels contain 3 homes (5 bed 4 bath, 3 bed 2 bath, detached in law suite 1 bed 1 bath). There are also 4 barn on these parcels, two of which are metal and very large. It could perfectly suite running your small business from home or a family compound and the ability to build additional homes on this parcel. This combination of parcels allows country style living but conveniently located near Hwy 301 with easy I 75 access perfect for easy commute or business transportation needs. The main custom home build features over 3500 sq ft of living space accentuated with vaulted ceilings in all rooms making this home feel even larger. Solar panels have also been installed to help minimize electricity costs and brand new AC installed 6/2024. This property not only offers no HOA or deed restrictions but also a practical choice for combining your home and business needs. A-1 zoned properties like this are very rare, as they have the ability to have up to one home an acre. All 3 parcels are only being sold together. There are also two 1 acre lots connected to this that are not included from this owner but also likely available bringing it to a potential of 20 acres.
MlsNumber:	--
ListingId:	A4612750

Listing Provided By:	PREFERRED SHORE, original listing
Phone:	(941) 685-6412
Office Phone:	(941) 999-1179
Agent Name:	Paul Hart
Disclaimer:	Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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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.

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.

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