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Bank Foreclosure 1103 Virginia Street Key West - 03/31/08 09:07 AM
Bank Foreclosure at 1103 Virginia Street. Four bedroom, two bath house with no kitchen--looks like somebody took it away. Central A/C, beautiful pool and deck area, covered off street parking, some nice decorator touches and some work left undone. The tax records show this house as 1626 sq ft and … (0 comments)

Scream -- Not the Movie - 03/30/08 06:57 AM
I received an email on Friday. I'll let you read it. Hi Garry, I just wanted to let you know that also because of your blog, our short emailconversation and your analysis of the current properties that are on the market, I fall in love with XXX XXXXXXX, came over, … (4 comments)

Time Waits for No One - 03/28/08 11:46 AM
I have been getting phone calls and e-mails from people who have been reading my little blog. A lot of people have decided that now is the time to start looking at buying something in Key West. Like a lot of Realtors I have been showing properties to potential buyers. … (0 comments)

508 William Street Old Town Key West - 03/26/08 01:16 PM
This one-of-a-kind Old Town house at 508 William Street is waiting for someone to make it a home. The property was completely renovated over a three year time period by JJ Fairbank Construction. This beautiful home features Brazilian cherry floors, high ceilings, crown molding and custom built French doors throughout. … (0 comments)

Bank Foreclosure - 1021 Johnson St. Key West - 03/25/08 07:12 AM
Everybody likes it when the bank makes an error, right? That is unless you have to pay for the error. One of the sad things about all of the foreclosures is that big banks hire asset managers to mange their foreclosed real estate. The managers then hire Realtors to list … (4 comments)

Just Listed 1113 Watson Street Key West -- Legal Duplex - 03/24/08 01:20 PM
Just Listed: 1113 Watson Street, Old Town, Key West, Florida $705,000or $380 per sq ft. That is a real deal! This is a Legal Duplex that is offered at Appraised Value (3/18/08 by Bone Island Appraisal Company). "An appraiser's report is much more detailed [than a Realtor prepared Competitive Market … (0 comments)

709 Bakers Lane Open House Easter Sunday -- Old Town Key West - 03/23/08 06:54 AM
OPEN HOUSE EASTER SUNDAY 11:30 - 2:00 709 Bakers Lane The perfect island getaway beautifully located atop Solares Hill on a quiet lane off Elizabeth St. is this completely renovated walled estate. The main house has Brazilian cherry floors, wood wainscoting and 16' cathedral ceilings. The new gourmet kitchen has … (0 comments)

Some Good News for Good Friday - 03/21/08 01:12 PM
It's a beautiful day in Key West. Town is full of people and some of them are opening their pocketbooks and buying homes. The news is so good that I had to post a mid-March report so that you people sitting on the sidelines may get off your duffs before … (1 comments)

Aversion to Conversion - 03/20/08 06:45 AM
A few years back when real estate was king in Key West a lot of property owners converted existing large properties into smaller living spaces which they then sold at inflated prices. They called those smaller spaces condominiums. Some of the conversions worked. Others did not. The huge landmark property … (2 comments)

1800 Atlantic Condominiums - 03/19/08 09:24 AM
There has been a lot of sales activity at the 1800 Atlantic Condominiums over the past couple of months. Several units have either sold or are in the contingent or pending stage and are awaiting final closing. And a few new units have also been added to the roster of … (0 comments)

Steal this property from the bank! - 03/18/08 09:29 AM
***FORECLOSURE***Steal this property from the bank. Minutes from the beach. Great for vacation home or investment. Bank pays title insurance to choose title company. What are you waiting for?????? That is how the listing Realtor describes the 900 square foot s bedroom 2 bath condo at 1419 Atlantic Boulevard. It … (2 comments)

Knock, Knock! - 03/15/08 03:00 PM
Expect the unexpected if you are looking to buy a place in Key West. And I'm not referring to prices or structural problems. Here are some examples of what you may encounter when you look at property. All examples are true. Newton Street Station was an all male guest house … (0 comments)

Bank Foreclosure -- 3364 Pearl Avenue Key West - 03/12/08 01:59 PM
There are two town homes in the 3300 block of Pearl Avenue for sale. They are located next door to each other. The one at 3364 Pearl is a bank foreclosure and is listed at $299,000 or $231 per sq ft. It is a 2 bed, 2 bath unit on … (0 comments)

Value Buying in Key West - 03/12/08 10:21 AM
I have written many times about Old Town being the place to buy if you are looking for top value both short term and long term. And I've said that certain blocks within Old Town are more valuable than others. Proximity to certain locations or the "look" of certain blocks … (0 comments)

Huge Price Reduction -- 421 Simonton Street Key West -- Commercial - 03/11/08 09:41 AM
The asking price just got a lot better on 421-423 Simonton Street in the very heart of Old Town Key West. This property is the ugliest of ducks in Old Town. But the location is just about as good as it gets. The property is ripe for renovation and the … (0 comments)

Snow Place Like Home - 03/10/08 10:16 AM
When the weather up north makes the evening news I always thank God I moved to Key West. The snowstorm and tornadoes that hit the Midwest last week were devastating, and I make no joke about that. I lived in Colorado for all of my life until I moved to … (1 comments)

709 Bakers Lane Old Town Key West, Fl - 03/08/08 10:45 AM
Two of my friends from my former office are multi-million dollar real estate agents year after year. During their time off from their busy real estate practice, they renovate homes for fun and profit. They design each property for a discerning buyer and oversee all of the construction to make … (0 comments)

826 Olivia Street Old Town Key West - 03/07/08 09:24 AM
First time to do this. Two blogs entries on the same day. So it must be important. A local Realtor (who is also the owner) just listed 826 Olivia Street in Old Town. The house has been tastefully updated and is priced to sell quickly at $695,000 or $690 per … (0 comments)

Inspired Minds Want to Know - 03/07/08 08:55 AM
A woman walked into our office the other day and asked to speak to the guy who writes the blog. Everyone looked at me and wondered if they should run for the door. She owns a home (not condo or townhome) on the Key West golf course that she is … (1 comments)

I Told You So! - 03/06/08 12:35 PM
Several of the Key West homes that I have suggested potential buyers should consider have sold. So I thought it would be interesting to look at the asking price and the sold price on those properties. If you are in the market to purchase a house in Key West this … (1 comments)

Isn't It Romantic? 1717 South Street, Key West - 03/05/08 08:27 AM
Look at the pics to the right. The pics are of a house at 1717 South Street in Key West. Isn't it romantic? The house is located in mid town. I don't write about that area much because it isn't where second home buyers typically want to buy. But when … (0 comments)

Won't You be My Neighbor? 1125 Washington Street Key West,Fl - 03/04/08 08:52 AM
I've told you before about the joy of living in the Casa Marina Area. The streets are wide, the yards are big, there trees are tall, the houses are usually much larger than those in Old Town, and most important the beach is only a couple of blocks away. Some … (0 comments)

Do Overs - 03/03/08 09:23 AM
Remember wanting to get a "Do Over" as a kid? It had nothing to do with renovating a house. And it had absolutely nothing to do with the "do" or "sweep" some half-bald guy uses to disguise his very high forehead. But it had everything to do with achieving a … (0 comments)

723 Catherine Street Key West, Florida - 03/02/08 10:23 AM
I showed the truly unique home at 723 Catherine Street last week, and I was amazed by the property. There is not another home like it in Key West. It is truly one of a kind. From a bottling plant to a contemporary gem, this former cola bottling plant was … (0 comments)

Season's Beatings! - 03/01/08 04:57 AM
Season's Beatings! may be a little extreme for a title, but it may help entice you to read about how the Key West real estate market fared so far this Season. Season is 2/3 over. Two months down and one to go. Then the buyers go back up north to … (0 comments)

 
Real Estate Agent: Gary Thomas (Preferred Properties Coastal Realty, Inc.)
Gary Thomas
Key West, FL
More about me…
Preferred Properties Coastal Realty, Inc.

Office Phone: (305) 294-3040 Ext.: 118
Cell Phone: (305) 766-2642
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Key West Real Estate That's what this blog is all about


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