Home for Sale at 1501-1503 N CR 19A, EUSTIS, FL 32726

1501-1503 N Cr 19a
Eustis, FL 32726

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Property Details

List Price:	$420,000
Beds:	3
Baths:	3
Status:	Active
SqFt:	2679
Agency:	Charles Rutenberg Realty Orlando LLC

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1946
Notes:	One or more photo(s) has been virtually staged. This is a unique property so please read all. First there is NO HOA. Zoning is Mixed-Use Commercial which allows many options. More about that later. The first Building at 1503 N County Road 19A was built in 1948 is a 2 story, 1800 square foot, block constructed 3 bedroom, 2 bath home with a LARGE FENCED backyard, NEWER ROOF and loads of STORAGE. Washer and Dryer hook-up upstairs, updated electrical and windows. Located in the backyard within the Newer Vinyl Privacy fencing is a small block building with newer roof and the potential of being a Workshop, Studio, Storage or Playhouse Then on the corner of Hwy 452 (address 1501 N County Road 19A) built in 1946 is a block constructed one story building that has most recently been used as a retail vacuum sales and service store It has built in shelving, work benches, 2 plumbed half baths. Central Heat and AC plus a Newer Roof. With the zoning currently in place you are able to live here and run a business or utilize one building for yourself and rent out the other. Current permitted uses are Auto Services, Multi-family housing, Day Care center, Assisted Living, Bank, Pharmacy, Restaurants and food services with or with alcohol, Package Store, Drive thru, Professional Services such as Medical, Lawyer, Barber or Accountant. Bed and Breakfast. At any rate there are a variety of uses available to you. There is plenty of paved parking and the portion and building on 452 receives excellent exposure. If you have been looking for this hard to find multi-use property, please do not hesitate. Call and schedule a time to see today and please feel free to call with any questions.
MlsNumber:	G5080413

Listing Provided By:	Charles Rutenberg Realty Orlando LLC, original listing
Name:	Charles Rutenberg Realty Orlando LLC
Phone:	(407) 622-2122
Office Name:	CHARLES RUTENBERG REALTY ORLANDO
Office Phone:	(407) 622-2122
Agent Name:	Deborah Elliott
Disclaimer:	Copyright Â© 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.

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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