bank owned key west: 2905 Venetian Drive, Key West - Bank Owned - 08/22/19 07:36 AM

Everybody wants a deal in real estate, especially in Key West. The newly listed Bank Owned property located at 2905 Venetian Drive may be the deal you have been hoping to find. I took a few exterior photos which you can see below.


The listing Realtor describes the property and the sales rules below:
"Opportunity to build your Key West Dream Home located on the Riviera Canal. The building is ready for demolition leaving you with a parcel which already has a pool, deck and you can dock your boat behind the house of your dreams on the concrete seawall. The property has … (0 comments)

bank owned key west: Recent SOLD Bank Owned Homes in Key West - 07/11/19 06:54 AM

I have written three blogs since the first of January which discussed bank owned homes in Key West. I thought readers would like to see the actual price the banks received. Let's take a look. Click the address to read the blog. This will help readers appreciate the bargain the buyers got - well that two buyers got.
 
3222 Riviera Drive, Key West. Offered at $1,190,000. SOLD at $1,225,000. Multiple offers. Sold immediately.
 
1200 Whitehead Street, Key West. Offered at $912,000. SOLD at $1,351,000. Multiple offers. Sold immediately.
 
909 Southard Street, Key West. Originally offered at $629,900 and reduced to $614,900. SOLD at $597,000.  … (1 comments)

bank owned key west: 909 Southard Street, Key West Florida - Bank Owned - 01/06/19 02:19 AM
 
Just Listed, but not by me, 909 Southard Street, Key West, Florida. This is a Bank Owned home located on one of the best streets in Old Town.  My dear readers will be the first to see the inside as the listing brokerage does not have many photos available as of the time I write this.
I remembered having been inside this home several years ago, but I couldn't recall what it looked like. I then dug down into my old shoebox and found the above black and white picture taken in 1965. i wasn't around in Key West then. Study the … (1 comments)

bank owned key west: 3718 Pearlman Terrace, Key West - New Bank Owned Home - 07/30/18 11:52 AM
 
There is a new Bank Owned home available for purchase in Key West. Buyers looking for a nice family home in move-in condition should take a look at 3718 Pearlman Terrace in Key West. This 1406 square foot home was built in 1973 and was updated around 2005-2006.

The updated home has an open concept living area which includes the wrap around dining area located the rear of the kitchen, not viewed in these photos. There is a bonus room located behind the kitchen as well. Doors in the master bedroom open out to the pool.
 

This house appears to be in very … (0 comments)

bank owned key west: 813 Shavers Lane, Key West, Florida - Bank Owned - 06/06/18 05:21 AM

Ten years ago there were a lot of bank owned properties for sale in Key West. In 2018 the number of bank owned properties has reduced to a trickle including the newly listed property located at 813 Shavers Lane, Key West. Shavers Lane is located one-half block west of Duval Street just south of Petronia Street.  The Hemingway House is located one-half block west and one block south. Several of the single family homes on this block have become very successful monthly vacation rentals. This property when updated just a bit could become a monthly vacation rental as well or just … (4 comments)

bank owned key west: Gary's Got a Secret Listing in Key West - 04/18/18 04:35 AM

I received a phone call a couple of days ago from a lady who said she wanted look at such and such address. I then asked her if she had read a blog I wrote about that house. She said yes. I asked the date. She said it did not have a date. I said all of the blogs are dated, but I did not want to debate that point. I had a potential buyer for a house - I found the blog which I wrote in early 2014. (The date was in the upper left hand corner of blog.) The … (3 comments)

bank owned key west: 1501 Leon Street, Key West - Bank Owned House Back on the Market - 02/13/18 08:29 AM

BANK OWNED HOUSE - BACK ON THE MARKET.  1501 Leon Street in Key West is a bank owned property that just went back into our MLS as an active listing. The property had been under contract and suddenly the deal fell apart. I spoke with the listing agent who reported the property was ready to close when the buyer failed to close.
 
I wrote about this house as soon as it hit the MLS last year. It went under contract soon after. In fact the day I went over to take photos, another agent was showing the house to her potential buyers. … (2 comments)

bank owned key west: 1501 Leon Street, Key West - Newly Listed Bank Owned Home - 11/11/17 05:20 AM

Just Listed 1501 Leon Street, a new Bank Owned property in Key West, Florida.  If you have been dreaming of buying a place in Key West, this may not be the home you were thinking about buying. But if you look at the picture above, it was once one family's castle. Of that, I am sure. As you look at the photos and read my narrative, understand what you see is the result of several years of neglect. Where once there was pride of ownership with a fairy tale folly, today there is a house in need of renovation or perhaps … (4 comments)

bank owned key west: 2619 Guflview Drive, Key West - Waterfront Property - 10/26/17 01:13 PM

Just Listed, but not by me, 2619 Gulfview Drive located in the Gulf View Point waterfront community in Key West. I got a chance to take some photos of this new listing today. This is a Bank Owned property. That ought to appeal to a lot of potential buyers.  
This planned community was development in 1999 by Pritam Shingh who also developed Truman Annex, the Key West Golf Club Community, Parrot Key Resort, and numerous other communities and resorts in the Florida Keys. Each single family home and town home in this development have direct water views.  Gulfview Point is the … (0 comments)

bank owned key west: 2317 Fogarty Avenue, Key West - Bank Owned - Buying Opportunity - 05/06/17 01:08 PM

Just listed but not by me 2317 Fogarty Avenue, Key West. I selected the logo photo above because I consider this Bank Owned home a buying opportunity for one of my Dear Readers looking for an affordable home in Key West.  Too many local buyers have been priced out of our market. This home appears to be in pretty good shape and is basic move-in condition. This home was built in the mid-town area of Key West in 1958. This little subdivision was typical of many such subdivisions that sprang up across America after the GIs returned home after World War … (0 comments)

bank owned key west: 3029 North Roosevelt Dr, Key West - Bank Owned Property - 04/12/17 08:19 AM

Just listed but not by me 3029 North Roosevelt Blvd #35, Key West. This 1400 square foot town home is Bank Owned and in move-in condition. This home end unit has lovely unobstructed water views to the east and partial views of the Gulf of Mexico where the small cove separates this development from land located two blocks to the east. The community pool is located across the winding interior road which can be seen from the front first and second floor balconies.
 This home has two covered under building parking spaces accessed by remote control plus abundant storage for bikes and … (1 comments)

bank owned key west: 1911 Fogarty Avenue, Key West - Bank Owned - 01/12/17 11:03 AM

Just Listed - 1911 Fogarty Avenue, Key West. This is a Bank Owned property in a good Key West location. According to the Monroe County Property Appraiser this home was built in 1953 on a 5,000 sq ft lot (50' X 100'). The bungalow style house has 1195 sq ft of living space under air conditioning plus a large east poured concrete patio.

The two bedroom house was updated about ten years ago. The ceilings were vaulted, a new kitchen was added, and the house was given a new look in general. It shows nicely. It has sat vacant for a while … (0 comments)

bank owned key west: 1320 South Street, Key West - New Price Reduction - 11/23/16 08:17 AM

Buyers are always looking for lower prices. 1320 South Street in Key West was listed at $1,799,000 in February 2016. The price was reduced today to $1,524,900.  The listing Broker describes this Bank Owned home this way:
"Beautiful, updated two story home centrally located in Midtown Key West. This 3 bedroom, 4 bath home offers high-end amenities to truly enjoy the Key West lifestyle. Tiger Wood flooring throughout the home as well as custom cabinetry and a wet bar. Amenities will not disappoint with this home. Includes a grand outdoor pool with water feature as well as a balcony on the second … (2 comments)

bank owned key west: 703 Eaton Street #2, Key West - Bank Owned Condo - Old Town - 09/28/16 05:09 AM

The asking price on the Bank Owned Condo located at 703 Eaton Street #2 in Key West certainly made this property a lot more desirable. Now it is offered at just $435,900 or $434 per sq ft for this 1003 sq ft second floor unit. 


Soon after I moved to Key West in December 1993 I got invited to a lot of parties and get-togethers including a cocktail party at 703 Eaton Street which was then a single family home owned by a local doctor and author. I met a lot of very interesting people that night - I mean a lot!  … (2 comments)

bank owned key west: 25 Sea Lore Lane, Key West - Price Reduction on Waterfront Home - 08/26/16 12:31 AM

The newly announced price reduction of 25 Sea Lore Lane on Shark Island Key is something for bargain shoppers to consider. Now the new price of $899,000 is still outside the reach of many would be buyers, but it is bargain as far as I am concerned because of the size, price per square foot, and highly desired location of this once elegant home. I say once elegant for two simple reasons. First the house is now 22 years old and is a victim of the passage of time and the change in what is popular in kitchen and bath design … (3 comments)

bank owned key west: 1717 South Street, Key West - Bank Owned and Price Reduced! - 07/30/16 10:52 PM

If you have been hoping to  buy a fixer-upper, you might want to consider taking a look at  1717 South Street in Key West. It is Bank Owned. This is the third price reduction on this property.  The listing broker, not me, describes this home this way:
"Location, Location, Location! This oversized lot with a privacy fence that currently has a main house with 3 bedrooms and 2 bathrooms and a mother-in-law 1 bedroom with 1 bath. Property has a large pool and back yard great for entertaining."
The house and detached mother-in-law cottage total 1900 sq ft and sit on what used … (1 comments)

bank owned key west: 25 Sea Lore Lane, Shark Key Florida - Bank Owned Waterfront Home near Key West - 06/09/16 11:58 PM

Shark Key is a small island peninsula which extends off US 1 into Florida Bay on the Gulf of Mexico side of the Florida Keys. Shark Key is a gated community with 74 waterfront lots about half of which are actually built. There is a large swimming lagoon, tennis courts, and community center surrounded by lush tropical foliage, flowering trees, and magnificent specimen palms. Most of the homes on this island sanctuary are large villas compared to the small cigar maker cottages and conch homes located about seven miles down the road in Key West.
 
The listing Broker describes the newly listed … (2 comments)

bank owned key west: 1211 Grinnell Street # F, Key West - Bank Owned Property - 03/11/16 09:16 PM

Slowly but surely the backed up foreclosures are working their way through the Key West court system. I wrote about 1211 Grinnell Street Unit #F in September 2015 when it was a short sale. That short sale did not get accomplished. Today the property is Bank Owned. That means some lucky buyer is going to have an opportunity to buy what I think is a nice house in the very desirable Grinnell Gardens Community.
 
Grinnell Gardens is a unique compound consisting of seven distinctive units which share a large and sunny pool. Each home has one designated off street parking space. These … (2 comments)

bank owned key west: 1010 Whitehead Street, Key West - Historic Bank Owned Cottage - 02/27/16 03:21 AM

Just Listed, but not by me, 1010 Whitehead Street, Key West. This unassuming cottage home once belonged to Lawrence Formica who created the world famous La Terraza di' Marti which is less formally known as La Te Da. Today this little home home is Bank Owned.
I looked in my old shoe box and found a photo of 1010 Whitehead Street that was taken in 1965. If you look carefully you will see that the columns supporting the front porch used to be wood and the 1970s-ish concrete block had not been added to the historic house. That kind of addition wouldn't … (3 comments)

bank owned key west: 816 Terry Lane, Key West - Bank Owned Duplex - 01/09/16 08:46 PM

 Just Listed, but not by me, 816 Terry Lane, Key West. This is a Bank Owned legal duplex located on a lane that runs parallel for two blocks between Whitehead Street on the east and Thomas Street to the west. Frequent travelers to Key West know the area because Blue Heaven Restaurant and Santiago's Bodega are located around the corner on Petronia Street. 
In his book The Streets of Key West: A History Through Street Names, J Willis Burke quoted Thomas Sanchez, Mile Zero where Sanchez describe the area today known as Bahama Village "...a place marked on the early Key West … (2 comments)

 
Gary Thomas, Realtor to the Dreamers (Preferred Properties Key West)

Gary Thomas

Realtor to the Dreamers

Key West, FL

More about me…

Preferred Properties Key West

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

Mobile: 305-766-2642

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