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gary thomas realtor: 315 William Street - Old Town - Key West - 05/31/12 11:26 AM

315 William Street Old Town Key West, built circa 1899

 315 William Street (foreground) as it appeared in 1978

315 William Street as it appeared in1978

315 William Street, May 31, 2012
 
Buyers who are looking for a large renovation project in the Old Town area may want to look at 315 William Street. I dug through the old shoebox and found some old pics of the house over the years. The Monroe County Property Appraiser says the house was built circa 1899. That would jive with some nearby houses that are among the earliest built … (1 comments)

gary thomas realtor: Recent "Solds" in Key West - 05/30/12 08:48 AM
A few weeks ago a reader asked if I ever report on houses that I wrote about which sold. I replied back that I usually do a years-end recap. We are near the end of our spring selling season so now is just as good a time as any to report on what sold since January 1st.
 
Click on any blue linked address to read the blog I wrote about the specific property. Compare what I wrote then to what the property sold for. 

1230 5th Avenue was a real bank owned "fixer".  The place had its share of … (0 comments)

gary thomas realtor: 718 Olivia Street - Key West - 05/29/12 08:33 AM



 
718 Olivia Street is a must see for the buyer who seeks a great Old Town location where  he or she can restore and probably expand a great Conch house and create tropical gardens, add a pool, and off street parking on the over-sized rear lot that is a rarity in Key West.  The listing Realtor describes this property thus:
"A grande historic house built between 1899 and 1912. 5 bedrooms. 2 bathrooms. Large LR, DR and kitchen. Beautiful hardwood floors. High ceilings and 23 large windows create a steady flow of light and air. 9401 sqft … (3 comments)

gary thomas realtor: 51 Spoonbill Way - Key West Golf Club - Bank Owned - 05/23/12 04:18 PM

 

 
Scott Forman at Key West Royal Palms just listed a Bank Owned three bedroom, two and one-half bath at 51 Spoonbill Way in the Key West Golf Club Community for $306,900 or $232 per sq ft for this 1320 sq ft townhome.


 
51 Spoonbill Way is set off in the park-like setting with a huge front lawn and large trees that give this home an extra special visage that most of the other homes in the community simply do not have. The unit is one of two in the building, both of which look … (0 comments)

gary thomas realtor: 409 Petronia Street - Short Sale - Key West - 05/22/12 10:00 AM

  What could be more fun than to tell your family and friends that you own a place located next door to Better Than Sex in Old Town Key West? If you buy the Short Sale listing at 407-409 Petronia Street, you could do just that.


409 Petronia Street - Old Town - Key West
The Conch Cottage is just 761 sq ft of living space which includes two bedrooms and one bath. The living area and kitchen are one large room which opens out to the deck and pool beyond. The entire cottage has vaulted ceilings reaching … (0 comments)

gary thomas realtor: 3343 Flagler Avenue - Bank Owned - Key West - 05/18/12 06:56 AM

First Off: That is not my pic above. I recently had a buyer in town who thought the black and white photo above was of me when I was in high school.  I know I'm getting old, but that guy might be "in the home" by now...

3343 Flagler Avenue - Key West, Florida
Second, there is a reason for local home buyers to cheer about this new Bank Owned home at 3343 Flagler Avenue that was just listed by my friend Scott Forman.  Scott describes the property this way:
"This gem is a spacious 3 bedroom 3 full … (3 comments)

gary thomas realtor: 1730 Bahma Drive - Bank Owned - Fixer - Key West - 05/17/12 11:32 AM


1730 Bahama Drive - Key West
 

Once there was a really lovely yard. It can be again.

Hurricane Impact Resistant Windows and Doors throughout

 

Combined Living and Kitchen Areas
 
 The bank owned house at 1730 Bahama Drive in the easternmost part of Key West, Florida just got a bit more attractive when price was reduced to $261,500 or $119 per sq ft for this 2187 sq ft ranch home located on a large 8016 sq ft lot. CLICK HERE to view the Key West mls datasheet and to see more photos of … (0 comments)

gary thomas realtor: 410 Simonton Street - Key West - 05/16/12 07:38 AM

 410 Simonton Street - Old Town - Key West
Today's blog is addressed to the buyer who is looking for a project house with a lot of upside potential in Old Town Key West.  I think I have just the property for you to consider and I think I found a somewhat comparable property for comparison.
I have written before about the lovely old home at 410 Simonton Street located near the corner of Simonton and Eaton Street. According to the Monroe County Property Appraiser the original house was built sometime in the 1870's but was non specific … (1 comments)

gary thomas realtor: But I Don't Play Golf! - Key West - 05/15/12 08:11 AM

 
There are two types of buyers for houses in  Key West: people with money and people who wish they had money to buy what they want.  I have found that people with money often get what they want because they know how to buy what they want. They are decisive and go after the house. If they can't get what they want, they walk away and find something equally nice or they buy something less than what they want and spend the money to create exactly the house they desire. Since not even the rich can move locations, rich … (0 comments)

gary thomas realtor: 415 Margaret Street - Old Town - Key West - Present Perfect - 05/11/12 08:20 AM

 415 Margaret Street - Key West - May 2012 - Present Perfect!
 

415 Margaret Street - Key West - A view from the Past - 1979
 
Wikipedia defines the grammatical term 'present perfect' as a  combination of the present tense and the perfect aspect used to express a past event with present consequences.  I think the two above photos eloquently demonstrate that term.
 
Roger Emmons at Truman and Company describes his present perfect listing at 415 Margaret Street:
"This is one of those very special homes where all of the elements come together to create an … (0 comments)

gary thomas realtor: 1021 Johnson Street - The Casa Marina Area - Key West - 05/09/12 08:38 AM
1021 Johnson Street - Casa Marina Area - Key West
1021 Johnson Street is located on one of the best blocks in Key West, just a one block walk to the Casa Marina Resort and the Atlantic Ocean is only to blocks to the south. I found an old aerial photo taken of the area in 1970 that shows the edge of 1021 Johnson Street. You will note that the house is located just a couple of blocks north of the great Atlantic Ocean and Higg's Beach. The Casa Marina Resort is just a block to the west.
 

The … (3 comments)

gary thomas realtor: 1709 Washington Street - Key West, Florida - 05/08/12 06:45 AM

I recently showed some potential buyers the really charming house at 1709 Washington Street which I told my buyers was located in "the country".  Up north in America the term country evokes the image of wheat or corn fields, cows and chickens, and a quite pastoral lifestyle.  Down here in Key West country conjures up houses with big lots located on one of the side streets with no sidewalks and tropical landscaping in the area just east of White Street on the south end of the island.  We met the listing broker at the house and she shared with us … (2 comments)

gary thomas realtor: Key West "Selling Season" - a Perspective - 05/07/12 10:24 AM

 For Sale By Owner in Key West
 
The traditional Key West Selling Season (the time period between Christmas and Easter) just closed. I realize that many contracts that were written before January 2012 actually closed after then and that contracts written in April may not close for another month or longer. This analysis looks at the total closed transactions between January 1, 2012 and May 1, 2012 in the single family and compares the results to the same time period in 2010 and 2011. I used the Key West Association of Realtors mls database which shows only transaction where … (2 comments)

gary thomas realtor: 707 Southard Street - Old Town Key West - 05/03/12 05:57 AM
707 Southard Street - Key West, Florida
 
This special little home at 707 Southard Street is located in the heart of Old Town Key West and is back on the market. You can't beat the location for convenience. Most of the neighboring homes are equally charming and certainly much pricier. The asking price will fit the budget of many buyers who want a simple getaway place: asking $565,000.
 

The house next door to the east
 
 
The listing Realtor describes this special property this way:
"The Quintessential Conch Cottage on one of the best blocks in the … (1 comments)

gary thomas realtor: 829 Simonton Street - Bank Owned Investment Property - Key West - 05/02/12 01:46 PM

  829 Simonton Street - Bank Owned - Old Town - Key West
 
Preferred Properties Key West just listed the landmark building at 829 Simonton Street in Old Town Key West.  I wrote about this property several months ago when it was a short sale that, well, didn't sell.  Now the building is Bank Owned and Offered at $935,000.
 
The building was originally built circa 1874 and was significantly updated  in 2002. The building sold in 2004 for $1,600,000. The building was updated again when the last commercial tenant customized the offices which occupy the main floor, or … (1 comments)

gary thomas realtor: Fool's Gold - 05/01/12 08:27 AM
 

 
In the next couple of days I will blog about the results of the past Key West real estate selling season. I thought it worth while to discuss a re-emerging facet of Key West real estate and that is the return of the greedy sellers.  Maybe they never went away. Maybe they just hid sheepishly, lingering in the background, awaiting the right moment to re-appear from their sulk-fest after the American economy spiraled out of control in 2008. 
 
Key West got a double whammy during the economic downturn. A huge number of the homes and condos people … (0 comments)

gary thomas realtor: 20874 W 9th Avene - Cudjoe Key - Florida - 04/29/12 06:23 AM
90 foot lap pool overlooking the Atlantic Ocean
 
You might call this 90 foot pool overlooking the Atlantic Ocean the lap of luxury. The 3384 sq ft home is located at 20874  W 9th Avenue on Cudjoe Cudjoe Key at Mile Marker 20, about a 20 minute drive out from Key West. The house sits just at the end of a canal that provides immediate access to the Atlantic Ocean. The house is located on an 18,960 sq ft lot with all major views oriented toward the water. Click GOOGLE MAP for an aerial view of this waterfront property.
 
(1 comments)

gary thomas realtor: 1019 Whitehead Street - Old Town - Key West - 04/27/12 09:42 AM

1019 Whitehead Street - Old Town - Key West
 
How would you like to own a three bedroom two and 1/2 bath home with a pool and off street parking in Old Town Key West for just $615,000.  You could if you purchase the newly listed home at 1019 Whitehead Street.  The listing Realtor describes this picture perfect property thus:
"Absolutely wonderful! This Conch cottage is located in the heart of Old Town Key West and has 3 bedrooms 2.5 baths, heated pool and off street parking. The property has been totally remodeled from foundation piers to the shiny … (1 comments)

gary thomas realtor: 1014 Vareal Street #1 - Bank Owned - Key West - 04/26/12 01:57 PM
 

 
If you are looking for an affordable Key West home in Old Town Key West, the just listed Bank Owned stand alone cottage at 1014 Varela Street #1 might be the place you have been looking for. The listing agent describes this 542 sq ft cottage this way:
"Great stand alone conch cottage, 1 bedroom and 1 and a half baths. This unit has its own front porch and a private fenced back yard."  

 

Bricked but not pretty - yet! Waiting for a New Owner

 The house is pretty simple. The single bedroom is … (2 comments)

gary thomas realtor: Feds Behaving Badly - 04/25/12 06:50 AM
 

 
For nearly two weeks the nightly news and 24 hour cable news channels like MSNBC and CNN have been running continual updates on the Secret Service Scandal that started out over the refusal to pay for services rendered by one pick-up artist in Columbia.  The US military got scrutinized and then Congress got into the act. Never saw a politician pass up a chance to get his ugly old puss in the media, especially if he could cause pain for the sitting President. Had the President's security really been endangered, I think all of us would be outraged. … (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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