The Florida keys and Key West by Gary Smith

Key West incredible investment opportunity

Gary Smith (Keys Commercial Real Estate LLC.) — Tue, 13 Oct 2009 08:48:23 -0500

Newer construction complex currently used as a nature conservatory. Beautifully maintained and exquisite down to every detail. Other uses possible. Please contact listing office for more possibilties. Large land parcel located in ideal uptown/upscale part of the island. Very special opportunity....$6,950,000

Gary Smith
Sales Executive
SBX Commercial Real Estate
500 Simonton Street
Key West,FL 33040
Direct - (305) 304-7009
Fax- (305)296-7710
www.keywestlifestyle.com

gary@keyscommercialrealestate.net

Fl Keys Business near Key West with large square footage

Gary Smith (Keys Commercial Real Estate LLC.) — Tue, 13 Oct 2009 08:45:18 -0500

If you are looking for a large space with many possibilities close to Key West...this is it. Great condition and easy access. Plenty of fenced storage area. Loading dock. Two interior levels. Two streets for ingress/egress... Square footage was from information supplied by Property Appraiser' office and should be verified by buyer(s)

$1,995,000

Gary Smith
Sales Executive
SBX Commercial Real Estate
500 Simonton Street
Key West,FL 33040
Direct - (305) 304-7009
Fax- (305)296-7710
www.keywestlifestyle.com

gary@keyscommercialrealestate.net

Key West Businesses plus property for sale with Owner Financing

Gary Smith (Keys Commercial Real Estate LLC.) — Tue, 13 Oct 2009 08:41:28 -0500

Huge Price Reduction.....and owner financing... Excellent visibility on North Roosevelt Blvd. Plenty of parking, easy access and great signage. Two Businesses currently occupy the property, Royal Furniture and Keys Auto Spa. Many Possibilities.....

$1,700,000

Gary Smith
Sales Executive
SBX Commercial Real Estate
500 Simonton Street
Key West,FL 33040
Direct - (305) 304-7009
Fax- (305)296-7710
www.keywestlifestyle.com

gary@keyscommercialrealestate.net

Key West investment opportunity-convenience store just $359,000

Gary Smith (Keys Commercial Real Estate LLC.) — Tue, 13 Oct 2009 08:38:42 -0500

Excellent location on Whitehead Street, across from the Courthouse, Green Parrot Bar and walking distance to everything.1 Block to Duval St. Deli section with wide range of convenience store items. Open every day....

$359,000

Gary Smith
Sales Executive
SBX Commercial Real Estate
500 Simonton Street
Key West,FL 33040
Direct - (305) 304-7009
Fax- (305)296-7710
www.keywestlifestyle.com

gary@keyscommercialrealestate.net

Key West commercial real estate with Huge Price Reduction.....and owner financing.

Gary Smith (Keys Commercial Real Estate LLC.) — Fri, 11 Sep 2009 09:43:26 -0500

Little Torch Key commercial real estate for sale

Gary Smith (Keys Commercial Real Estate LLC.) — Fri, 11 Sep 2009 09:41:01 -0500

Located just off US 1 with visibility from Highway. Great for home/office, professional, doctor, attorney, accountant,..... or single family.

Key West Investment property for sale

Gary Smith (Keys Commercial Real Estate LLC.) — Fri, 11 Sep 2009 09:38:50 -0500

Located between Duval and Whitehead Streets, this is a unique opportunity to own a Key West Landmark. Listed in Property Appraisers office at $595,000. Zoned HRCC-3

Fl Keys Mobile home park for sale-great investment opportunity

Gary Smith (Keys Commercial Real Estate LLC.) — Fri, 11 Sep 2009 09:35:30 -0500

Mobile Home Park in excellent condition. Large single family on the water. Fully rented. Good numbers

$1,650,000

Key West Commercial property located in ideal uptown/upscale part of the island

Gary Smith (Keys Commercial Real Estate LLC.) — Wed, 12 Aug 2009 10:35:53 -0500

$6,950,000

Stock Island Commercial property for sale-lots of possibilities

Gary Smith (Keys Commercial Real Estate LLC.) — Wed, 12 Aug 2009 10:33:23 -0500

$1,995,000

Little Torch Key US 1-Commercial Property--Multi Uses just $375,00

Gary Smith (Keys Commercial Real Estate LLC.) — Wed, 12 Aug 2009 10:30:31 -0500

Located just off US 1 with visibility from Highway. Great for home/office, professional, doctor, attorney, accountant,..... or single family.

$375,000

Key West Deli for sale-very affordable-Great Location

Gary Smith (Keys Commercial Real Estate LLC.) — Wed, 12 Aug 2009 10:26:58 -0500

Excellent location on Whitehead Street, across from the Courthouse, Green Parrot and walking distance to everything.Deli section with wide range of convenience store items. Open every day....

$359,000

Key West Beautiful Commercial property on Duval street

Gary Smith (Keys Commercial Real Estate LLC.) — Fri, 10 Jul 2009 14:47:24 -0500

$6,950,000

Key West old town landmark property for sale

Gary Smith (Keys Commercial Real Estate LLC.) — Fri, 10 Jul 2009 14:44:23 -0500

Located between Duval and Whitehead Streets, this is a unique opportunity to own a Key West Landmark. Listed in Property Appraisers office at $595,000. Zoned HRCC-3

$595,000

Lower Fl Keys Commercial investment opportunity

Gary Smith (Keys Commercial Real Estate LLC.) — Fri, 10 Jul 2009 14:41:46 -0500

Located just off US 1 with visibility from Highway. Great for home/office, professional, doctor, attorney, accountant,..... or single family.

$375,000

Key West Deli for sale

Gary Smith (Keys Commercial Real Estate LLC.) — Fri, 10 Jul 2009 14:38:58 -0500

Excellent location on Whitehead Street, across from the Courthouse, Green Parrot and walking distance to everything.Deli section with wide range of convenience store items. Open every day....

$359,000

New Homestead exemption reforms

Gary Smith (Keys Commercial Real Estate LLC.) — Thu, 11 Jun 2009 09:21:07 -0500

New 2008 property tax Reforms:
In a January 2008 ballot measure, Florida voters approved a constitutional amendment that introduced several changes to our state's property tax system. The four changes may affect the amount of tax you owe:
Increased Homestead Exemption: If you're currently receiving a $25,000 homestead exemption on your property taxes, you will automatically be upgraded to a $50,000 exemption this year. If you are a homeowner and do not currently receive the exemption, you may file your application in person along with a $15 late fee, through mid-September.
Save Our Homes Portability Cap: You may now trasfer up to $500,000 of your property tax cap to a new home when you move. To take advantage of this benefit, you must file a Homestead Exemption and Portability Application.

Tangible Personal Property Tax Exemption: If you're required to file a Tangible Personal Property Tax Return, you're entitled to a $25,000 exemption on business equipment.
Non-Homestead Cap: Beginning next year, those properties not eligible for a homestead exemption may apply to receive a 10% cap on property tax increases.

Homestead Exemption Overview:
FILING PERIOD JANUARY 1 – MARCH 1
Florida law requires that application be made by March 1st to be eligible for the $25,000 Homestead Exemption. Only new applicants or those who had a change of residence need apply. Automatic renewals are mailed in January each year.

In Florida, $25,000 of the assessed value of your home is exempt from real estate taxes, but you have to meet certain criteria to be eligible for the exemption. First you much have the title or record to your property as of January 1, and reside on the property. You have to be a legal and permanent resident of Florida as of January 1. When applying for the exemption status, bring along a copy of your deed or tax bill, and a Florida county voters registration or Declaration of Domicile. If you drive, you must also bring your Florida driver's license and automobile registration. New applications must be submitted in person at the appraiser's office, but renewals may be done by mail. For further information, consult the County Property Appraiser's Office.

Real Estate Taxes

All residents are subject to county taxes, but each city or special district levies taxes within its boundaries. City, special-district, and county taxes are combined in one tax bill. Real estate taxes are assessed as of January 1 each year. They are due and payable on November 1 and become delinquent if not paid before April 1 of the following year. Florida law holds the taxpayer responsible for receiving and paying tax bills in full. For additional information contact the County Property Appraiser's Office.

Establishing Residency

To establish residency, you may register to vote or file a Declaration of Domicile, which is an affidavit available at the CountyCourthouse. Filing one copy with the Circuit Court provides a record of your intention to make Florida your home. Simply moving to the State does not guarantee legal residency. For more information contact the County's Clerk of Circuit Court.

What is Homestead Exemption?
Florida Law entitles every person, who has legal or equitable title to real estate and maintains it as his/her permanent residence, to apply for a $25,000 homestead property tax exemption. A partial exemption may apply if the ownership of the applicant is less than 100%.

Am I eligible to file?
You must meet the following requirements as of January 1st:

Have legal or beneficial title to the property, recorded in the Official Records of County
Residency on the property
Be a permanent resident of the State of Florida
Be a United States citizen or possess a Permanent Residence Card (green card)

When do I file?
The deadline to file an application for exemption is March 1st. Under Florida law, failure to file for any exemption by March 1st constitutes a waiver of the exemption privilege for the year.
Regular filing is January 2nd - March 1st.
Pre-filing for the coming year is March 2nd - December 31st.

How do I file?
Take copies of the required documentation to your Exemption Department:Generally at the County or City Court House

5 reasons to invest in the Florida Keys now

Gary Smith (Keys Commercial Real Estate LLC.) — Thu, 11 Jun 2009 09:18:35 -0500

5 reasons to invest now

1. Prices in the Keys have stabilized and are in fact even better than other destination resort areas in the United States. This includes both residential and commercial Real Estate.

2. Real Estate sales and closings have seen a steady increase in the Keys since January 2009. This clearly indicates the buyers are responding to increased inventory choices and competitive pricing.

3. The explosive growth of South Dade County, (just a short drive away) will definitely benefit Real Estate sales as people look for weekend getaways. (Predictions for the Homestead area and just north are for one million residents by 2010) Think New York and the Jersey Shore.

4. Weekenders and potential home buyers from Miami, Ft Lauderdale and Naples will find it even easier and safer to come down weekends for a Keys experience, due to the widening of the 18 mile stretch.

5. The Cost of Living Index (stats from Accra) show the Keys now at a better rate then 24 major American markets from the East Coast into California. This means Baby Boomers looking for lifestyle changes and/or 1031 and straight investments are finding the Keys competitive and affordable.

The combination of all this is obvious. The Keys only have so many homes and so much land, and only a small amount of new homes can be built. This is due to the fact there is only one road in or out of here, US 1. If a hurricane is heading our way, people have to get out—we have a very organized method of evacuating on this single road. That is why the Keys will never be like California or the Jersey Shore.
As more people move into Southern Florida they definitely use the Keys as a weekend getaway. The majority of our summertime renters are from Florida, looking for a Keys experience.
How about going on vacation and never coming back? You know you've had this feeling before. Why don't you consider giving yourself and your family this option? The truth is, if you're going to work, why not do it in the Keys! Having beautiful weather and water and recreational opportunities are not only good for your health but good for you, period. Think on it and contact me.

Key West Two unit building completely redone 5 years ago with 2 beautiful apartments, pool, decks and parking

Gary Smith (Keys Commercial Real Estate LLC.) — Thu, 11 Jun 2009 09:14:32 -0500

Truely unique Key West property. A Two unit building completely redone 5 years ago with 2 beautiful apartments, pool, decks and parking for 3+ cars...plus separate building with deli/bakery/restaurant space with 30 seat approval, walk-in cooler and freezer. Gorgeous private outdoor seating area with lovely landscaping. Price includes real estate only.

$1,395,000

Florida Keys Rogo system

Gary Smith (Keys Commercial Real Estate LLC.) — Thu, 11 Jun 2009 09:07:33 -0500

Florida Keys Rogo

Following more than three years of work the county is preparing to adopt the much anticipated Tier Overlay System. This system has been designed to both simplify and modify the current growth management tool known as ROGO (Rate of Growth Ordinance). The Board of County Commissioners will have a new map book product before them on March 15th 2006 at the Marathon Government Center. A second hearing will be held on March 17th at the Harvey Government Center in Key West, and a third in the Key Largo Library on March 21st.~ This map book displays the entire area of Monroe County which will be subject to the Tier System. The proposal includes a total of four tiers: Tier 0 = Submerged Land & Right of Way, Tier 1 = Conservation, Tier 2 = Transition (Big Pine Key Only), Tier 3 = Continued Development, Tier 3 (Special Protection Area) = Hammock Areas and Tier 4 military lands. This new map book product is available for download and review.

Please click link to download and view maps. Tier Overlay District Maps as of Nov. 29, 2005

Over the past 4 years of Tier System development Monroe County Growth Management has accepted applications for Tier designation review. If a citizen thought that their property had been incorrectly placed in one Tier or another they could apply for a review by the Division. The final review of the 300 plus applications took place in late February of 2006 and 147 errors were identified. The Monroe County Board of County Commissioners passed Resolution 148-2006 in early March of 2006 directing staff to correct these 147 errors at the first opportunity. That first adoption of the Tier System into the Land Development Regulations was appealed. This appeal rendered it impossible to change Tier Designations for any parcel.

A regular meeting of the Monroe County Planning Commission will be held on December 6, 2006. One item on the Commission's agenda will be a resolution to amend the Monroe County 2010 Comprehensive Plan to include the Tier Map Overlay. Staff is also asking the Commission to review and amend the Tier Overlay Map to resolve these 147 errors prior to adoption. The Planning Commission will render a recommendation and send forward the proposed ordinance to the Monroe County Board of County Commissioners. The Planning Commission recommendation and the proposed Comprehensive Plan amendment will be heard at the special meeting of the BOCC on December 8, 2006 with a second hearing prior to transmission to the Florida Department of Community Affairs on December 18, 2006.

If you have any questions regarding the proposed amendment to the Comprehensive Plan or the 147 proposed amendments to the Tier Overlay please contact Growth Management at 305-289-2500.

Lower Keys commercial building for sale

Gary Smith (Keys Commercial Real Estate LLC.) — Wed, 13 May 2009 09:47:36 -0500

Fl Keys commercial waterfront lease property available

Gary Smith (Keys Commercial Real Estate LLC.) — Wed, 13 May 2009 09:45:22 -0500

Great space for lease on a wide canal with access to the open water in 2 directions. Many possibilities. Zoned Suburban Commercial. Loading dock on canal side. Additional space on second floor for offices. New roof. Plenty of parking, great visibility... Owner is a licensed Florida Real Estate Broker

$3500.00 per month lease

Key West Old town Investment opportunity

Gary Smith (Keys Commercial Real Estate LLC.) — Wed, 13 May 2009 09:42:18 -0500

Great old town location one block to Duval. Residential neighborhood convenient to all. Six licenses and meters. Keep as income property or convert part or all to a single family estate.

$2,400,000

Key West commercial Newer construction complex currently used as a nature conservatory

Gary Smith (Keys Commercial Real Estate LLC.) — Wed, 13 May 2009 09:39:14 -0500

Florida homestead exemption

Gary Smith (Keys Commercial Real Estate LLC.) — Tue, 14 Apr 2009 12:30:26 -0500

Am I eligible to file?
You must meet the following requirements as of January 1st:

How do I file?
Take copies of the required documentation to your Exemption Department:Generally at the County or City Court House

Gary Smith
Broker Associate
SBX Commercial Real Estate
500 Simonton Street
Key West,FL 33040
Direct - (305) 304-7009
Fax- (305)296-7710
www.keywestlifestyle.com

gsmith@spottswood.com