No Bottom-Feeders, Please - Key West - 05/31/11 11:21 AM
77 Lb. Black Grouper (a Bottom Feeder) caught in Key West - 1995The listing agent at Preferred Properties (that's where I work) added this comment in the agent remarks section to the listing at 925 Eaton Street "And, lastly, the price is firm. No bottom-feeders, please."
925 Eaton Street - Old Town - Key West - 2011 925 Eaton Street as it looked in 1965 Before that he described the 4 unit money maker at 925 Eaton Street in Old Town Key West this way:
"Legal four-unit property consisting of an historic main building with three units and a secondary non-historic … (0 comments)

Open House - 630 Elizabeth Street - Old Town - Key West - 05/28/11 05:57 AM
I will be hosting an OPEN HOUSE on Sunday at 630 Elizabeth Street between 12:00 to 2:00 PM. I will be providing hard hat tours of this wonderful old Key West property that is ready for renovation. This property has received HARC approval to convert this current "legal duplex" into a 2300 sq ft single family residence.
Turn this OLD HOUSE into your NEW HOUSE
… (2 comments)

Back on the Market - 1800 Atlantic Condominium Unit A 208 - Bank Owned - Key West - 05/27/11 04:46 PM
I rarely do two blog posts in one day but this 1800 Atlantic Condominium Unit No. A 208 was just put back on the market today. It went under contract within a couple of days of being listed. The unit is a Bank Owned and is offered for sale an incredible price - just $272,250.This unit, like just about every other unit in the complex, has two bedrooms, two baths and occupies 1357 sq ft of space. It is located in the west building and has tree top views of the adjacent mangroves. The mangroves are protected. So the view you … (0 comments)

620 Frances Street - Old Town - Key West - 05/27/11 08:02 AM
 

620 Frances Street - Old Town - Key West - Built circa 1889 If you have been looking for that "special" house - the one that will cause your friends to raise their eyebrows with envy when you announce you bought a house in Key West - then look no further. The classic eyebrow house at 620 Frances Street is offered at $1,587,500. The listing Realtor describes this beauty thus:
"This beautiful eyebrow house was built over 100 years ago but has been restored and renovated and with all modern conveniences. A wonderful floor plan with a gourmet kitchen, … (4 comments)

Second Chance - 1222 Johnson Street - Casa Marina Area - Short Sale - Key West - 05/26/11 02:54 PM
The legal duplex at 1222-1224 Johnson Street in the Casa Marina Area of Key West just went back on the market. It is a short sale. The previous buyer (or non-buyer) did not close the deal. So those of you who missed this truly great buying opportunity get a second chance. 1222-1224 Johnson Street - Key West Want to have your cake and eat it too? The cute legal duplex located at 1222-1224 Johnson Street in the east area of Casa Marina may be the answer to your dream of having a place in Key West that you can use for … (0 comments)

920 Pohalski Lane - Short Sale - Key West - Back on the Market - 05/25/11 07:29 AM

920 Pohalski Lane in 1965  
920 Pohalski Lane with new addition as seen in 2011 Side view of 920 Pohalski Lane Attention Bargain Hunters: The award winning Key West cottage at 920 Pohalski Lane was just reactivated as a short sale at the new asking price of $399,000 or $420 per sq ft. This is a bargain, Dear Readers. The Historic Florida Keys Foundation awarded this home its Award for Excellence. The listing Realtor describes the cottage thus:
"Beautiful historic home with unique floor plan. French doors open from the living room and kitchen to a wonderful private deck … (3 comments)

Non-Bargain Properties in Key West - 05/24/11 12:33 PM
 
405 Frances Street before Renovation  
405 Frances Street nearly completed in May 2011 I sometimes get emails from Readers asking about "low priced" properties that I have never written about. They ask me what I think. I usually reply with some awful story about the property. Many potential buyers often equate low price with value. They are mistaken.Low Price and Value are not synonymous-especially in a place like Key West where asking prices are typically higher on a per square foot basis than most locations in the United States.While I was away a property I have showed a few … (1 comments)

1126 Washington Street - Casa Marina Area - Key West - Bank Owned - Buying Opportunity - 05/22/11 08:43 AM

This is a RAH RAH moment. I have been waiting for this one for a long time. The foreclosure took forever. The house at 1126 Washington Street in the Casa Marina Area of Key West is now Bank Owned. I am particularly interested in this property because I live nearby. This house has been an eyesore for at least 15 years, and now some new owner gets the chance to buy a real fixer with a huge lot in a truly great neighborhood at a great price. Longtime Readers know I don't jump up and down about new listings very … (0 comments)

719 Chapman Lane - Bank Owned - Key West - 05/14/11 08:41 AM
 
719 Chapman Lane - Key West - May 2011 The newly listed Bank Owned single family house at 719 Chapman Lane in the Bahama Village area of Old Town Key West was just listed for $499,100 or $237 per sq ft. The house has been bank owned since since September 30, 2010 but was just listed in the Key West mls on Friday.The same house was listed for sale in the go-go years at $1,200,000 (2005) and later $1,099,000 in 2006. It did not sell. The house was built new (not renovated) in 1999. It has 2108 sq ft of … (1 comments)

829 Simonton Street - Old Town - Key West - Historic Investment Property - 05/13/11 09:43 AM
I distinctly remember going inside the old building at 829 Simonton Street on Superbowl Sunday (January 25, 1987).  The place was a sandwich shop called  "La Bodega".  I had spent the afternoon at Atlantic Shores and wanted to grab a sandwhich.  The place was near and the food was good. My needs were met. Fast forward 24 years and the building looks pretty much the same.

The unpainted facade looks pretty much today like it did when the two photos below were taken.

829 Simonton Street Key West  May 2011

The building was called The Square Deal Market … (0 comments)

829 Simonton Street - Old Town - Key West - Historic Investment Property - 05/13/11 09:42 AM
I distinctly remember going inside the old building at 829 Simonton Street on Superbowl Sunday (January 25, 1987).  The place was a sandwich shop called  "La Bodega".  I had spent the afternoon at Atlantic Shores and wanted to grab a sandwhich.  The place was near and the food was good. My needs were met. Fast forward 24 years and the building looks pretty much the same.

The unpainted facade looks pretty much today like it did when the two photos below were taken.

829 Simonton Street Key West  May 2011

The building was called The Square Deal Market … (1 comments)

2026 Seidenberg - Mid-Century Classic in Mid-Town Key West - 05/12/11 10:42 AM
 
2026 Seidenberg Avenue - May 2011 You know you are getting old when houses that were built when you were a kid are now considered classic and chic. If only that applied to guys my age.I got a chance to revisit 2026 Seidenberg Avenue last week during Realtor caravan. That is when we Realtors get on a bus and travel from house to house to see new listings. The Seidenberg home is worthy of noting. The listing agent (who is also an owner) describes the property this way:
"Mid-Century Modern architectural gem in Mid-Town was renovated by Colombian architect, Guillermo … (0 comments)

1216 Catherine Street - Short Sale - Key West - 05/11/11 10:49 AM
 
1216 Catherine Street - Key West - Short Sale Bargain hunters looking for a nice house at an affordable house in Key West ought to consider the Short Sale at 1216 Catherine Street. The listing Realtor describes this renovated two bedroom with 2 1/2 baths this way:
"A Grand Restoration of an Historic Conch Home with an Attention to Detail. The Kitchen is Finished with Stainless Steel Appliances and Granite Countertops, Beautifully Restored Dade County Pine finishes Throughout. Pool with Waterfall in the backyard surrounded by a Lush Tropical Landscape and a Pool House nearby for Storage with Many Potential … (1 comments)

1014 Elgin Lane - Short Sale - Old Town - Key West - 05/10/11 09:52 AM

Great Room at the rear with double French Doors leading to pool  
The second floor bedroom at 1014 Elgin Lane 1014 Elgin Lane is a really charming two bedroom cottage located in the Old Town section of Key West. Elgin Lane is a one-way lane that runs westerly from White Street and ends at Grinnell Street.The listing Realtor describes this beauty this way:"Darling 1 & 1/2 story Key West cottage with small dip pool on quiet Old Town lane near Key West Historic Seaport area. Nicely maintained with charming details including a nice open kitchen/living area with vaulted ceilings … (1 comments)

1800 Atlantic Penthouse Condo - Key West Waterfront - 05/09/11 08:17 AM
Just listed, by not by me, 1800 Atlantic Unit C 439, which overlooks the Atlantic Ocean. The listing Broker describes the unit this way:
"Top floor unit with stunning views down Smather's Beach, vaulted ceilings and a transient rental license. Great location within a great location! Enjoy all of the amenities for which 1800 Atlantic is so well known and generate income to help with the carrying costs." Loyal Readers know that just about every unit at 1800 Atlantic is 1357 square feet and has a nearly identical layout consisting of two bedrooms, two baths, eat in kitchen, shared dining and … (2 comments)

Key West Tongue Twister: Sunrise at Seaside Short Sale - 05/07/11 10:02 AM
Saying "Sunrise Suite Short Sale at Seaside" sounds silly. But buying a top floor condo at Sunrise Suites could sound appealing to a buyer wanting a condo with a valuable transient rental license. Preferred Properties (that's where I work but this is not my listing) just listed 3625 Seaside Drive Unit # 404 for just $279,000. The listing Realtor describes the property this way:
"Sunrise at Seaside - A condo hotel conversion. This fourth-floor condo has an excellent rental history, is beautifully furnished, and is being sold turnkey. Condo docs also allow for full-time use by owner. The swimming pool with … (0 comments)

Secret Hideout Found in Key West! - 05/06/11 03:26 PM
 
U.S. Navy blimp at Trumbo Point - only blocks away from Elizabeth Street There's been a lot of interest this past week on the discovery of you know who's hideout in Pakistan. Hiding in plain sight is apparently a good way to avoid being seen or bothered. It took me some detective work to find the location of 310 Elizabeth Street in Old Town Key West. My investigation included calling out the Navy Blimp, an aerial photographer, and looking at the Monroe County Property Appraiser's website where I got to see how hidden the property is. See below.The listing Realtor … (0 comments)

The Good Life - Casa Marina Area at Its Best - 05/05/11 04:33 PM
 
908 Seminary Street - Casa Marina Area - Key West When you walk through the gate at 908 Seminary Street in the tony Casa Marina area of Key West you instantly know you have reached the ideal. Sinatra even crooned about it when he sang "It's the good life, full of fun, seems to be the ideal..." Every step leads you to something special or something different, maybe something old, and likely something new as well. Every window has a view that invites you outside to experience the wonders of living in Key West.The listing Realtor describes 908 Seminary Street … (0 comments)

Bank Owned - Key West - Waterfront - Affordable Family Home - 05/04/11 01:13 PM
 
1627 Venetian Drive - Key West Just listed, but not by me, 1627 Venetian Drive in Key West. The listing Realtor describes this 1599 sq ft ranch located on the Venetian Canal this way:
"BANK-OWNED 3/2 CBS home on the only canal system in Key West. Some recent upgrades have been done but waiting for your personal touch!" The Venetian Canal - quick access to the Atlantic Ocean  
Rear yard and deck need some imagination This Bank Owned house is located one house from the end of Venetian Drive. CLICK HERE for a Google Map aerial view of the … (2 comments)

408 Porter Court - Key West - Money Maker - 05/02/11 11:42 AM

View from second floor balcony overlooking pool The listing Realtor minces no words in the description of this sharp Porter Court townhome:
"Perfect end unit in exclusive Porter Court - a gated community of only 19 within Truman Annex in Old Town Key West. This beautifully decorated turnkey property can be rented transiently and has the best rental income in the complex. 2 bedrooms, 2 and one half baths with Plantation Shutters throughout and is ideally located with a private entrance off of Fleming Street. Large side and front decked yards and a second floor porch overlooking the pool and … (0 comments)

Mother May I Buy a House in Key West? - 05/01/11 07:33 AM
It's May Day. Spring break is over and the hordes of breakers and seasonal tourists have headed up north where Spring is in full bloom across much of the United States. The reason to escape the cold of New Jersey and Massachusetts and other temperature impaired states has abated for a few months. The exodus also means that many of the buyers who came to Key West to buy houses has gone north as well - at least for a few months. The warm weather lovers and those who dream of owning a place in Key West will return late this … (1 comments)

 
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Gary Thomas

Key West, FL

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Preferred Properties Coastal Realty, Inc.

Address: 520 Southard Street, Key West, Fl, 33040

Office Phone: (305) 294-3040 x 118

Cell Phone: (305) 766-2642

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