key west house: 1110 Curry Lane Old Town Key West
- 10/08/08 02:12 AM
Right after I started this blog about Key West Properties I wrote a piece called Life in the Slow Lane CLICK HERE to read. I mused about the virtues of living on one of the slow lanes in Old Town Key West. This Old Town gem is tucked away on one of Key West's slow lanes between Frances and White Streets. The cottage has been lovingly restored to maintain all the character and charm you'd expect to find such as Dade County Pine walls, Georgia Heart Pine floors and thoughtful attention to detail. The floor plan is open and spacious and … (0 comments)
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key west house: Bank Owned Homes in Key West
- 10/03/08 04:02 AM
I just created a new list of Bank Owned Homes in the Key West area. Homes from Old Town up to Sugarloaf Key. CLICK HERE to checkout the list. I must add that the list does not contain all bank owned properties. Some Realtors have not entered all of their listings in the mls. Some out of town Realtors (like some from Tampa and Miami) have access to our mls but do not necessarily follow our rules and don't always get their listings entered correctly. There are some dogs on the list. Some of the houses have had the kitchen appliances … (0 comments)
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key west house: Key West Short Sale Opportunities
- 10/02/08 04:12 AM
A Short Sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured by the property, upon payment of of an amount less than is actually owed. In yesterday's blog I reported that about one-half of the single family home and condo sales in Key West were either short sales or bank foreclosures. Short sales occur when troubled borrowers try to sell the property prior to foreclosure in hopes of salvaging part of their credit worthiness. Many short sales fail but others are succeeding. So I … (0 comments)
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key west house: Bewitched in Key West
- 09/30/08 03:08 AM
Just Listed by Preferred Properties Christies Great Estates (that's where I work these days) 927 and 929 United Street Key West. These enchanting houses are located on the cusp of Old Town and the Casa Marina Area. Both are brand spanking new. 927 United Street is a 3 bedroom 2 1/2 bath 1800 sq ft home that was built in 2007 complete with top of the line finishes. The 9350 sq ft lot is huge by Key West standards. Upon entrance you are greeted with a wonderful open living space featuring hand crafted moldings, cherry wood floors, French doors leading to … (0 comments)
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key west house: Other People's Money
- 09/24/08 01:35 AM
I don't like the idea of a bank bailout one bit. It will reward incompetence and greed. It will not teach anyone anything other than that Big Brother will come to the rescue of those who have power and influence. It will cost taxpayers an unimaginable amount of money and lost opportunities. The Wall Street mavens created this mess by screwing with private home ownership and turning it into investment vehicles that could be bought, sold and traded at a profit (or a loss). The mavens got rich and earned incredible salaries, bonuses and stock options based on the their production. … (5 comments)
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key west house: 408 William Street - Old Town - Key West
- 09/22/08 04:29 AM
Just Listed (but not by me) 408 William Street, Old Town, Key West,Florida. This historically important home known as the Richard Roberts House was brought to Key West from Green Turtle Cay in 1847, and settled into its current home on one of the best streets in Old Town. It has received numerous Local and State historic preservation awards. Currently it is configured with 3 Bedrooms 3 Baths, 2 offices, large living and dining rooms, and FOUR covered porches, two on each side of the house and on both floors. Interior walls are wood and the floors are heart pine. The … (0 comments)
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key west house: 716 Southard Street Old Town Key West
- 09/18/08 02:14 AM
Just Listed (but not by me) 716 Southard Street in the heart of Old Town Key West. This is the one you have been waiting for. Adorable sawtooth, two bedroom, two bath home in the most desirable area of Old Town Key West on the top of Solares Hill between William and Elizabeth Streets. The property was renovated in 1999 and has an open floor plan with vaulted ceilings in the living areas and bedrooms that creates a very bright and airy feeling. Master bedroom with bath en-suite. Custom lighting and gorgeous hardwood floors. French doors open to your covered outdoor … (0 comments)
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key west house: Key West Dreamin' - But Not Make Believin'
- 09/17/08 05:28 AM
I was looking at one of those slick destination magazines last night. You know the kind I'm talking about. Magazines that promote destinations like Aspen, Vail, La Jolla, Palm Beach, Savannah or Charleston. Magazines that feature photos of designer show homes, fancy restaurants, hot spots, trendy fashions, and society types. There was a full page ad for new homes that were built to look old. The ad read "FRONT PORCH FUN At Hibbben, we're reintroducing the front porch. A place to laugh and have fun with the whole family. A place to cool down after a hot summer's day. A place … (2 comments)
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key west house: Hidden Treasure - 529 Margaret St. Old Town Key West
- 09/06/08 07:57 AM
My favorite Realtor (not me) just listed a very cute, clean, and well priced two bedroom / one bath home in Old Town that was totally updated in the last two years. The asking price is only $599,000 or $922 per sq ft. The two story home is located at 529 Margaret Street and is tucked away down a bricked and nicely landscaped path away from the street. Michael's Restaurant is located across the street as a quick reference point. The house was built in 1978 so it is not old and creaky. The recent remodel spiffed up the place just … (3 comments)
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key west house: 1119 Von Phister St. - Key West - Bank Owned
- 08/30/08 05:39 AM
This foreclosure stuff is starting to get personal. Just Listed: 1119 Von Phister Street in the Casa Marina Area of Key West. I'll be your lucky neighbor. I live next door. These are neighboring homes CLICK CLICK CLICK CLICK. Let me tell you about the house and why I think it is a great buy. And let me tell you about the neighborhood and why you might just want to live there. The original house is constructed of Indian Blocks, a building material used in maybe 30 of the older homes in Key West. The man who owned the house before … (0 comments)
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key west house: 1601 Patricia Street Key West - Short Sale Opportunity
- 08/28/08 01:59 AM
1601 Patricia Street is located on the east end of the Casa Marina area near the beaches. This 1721`sq ft remodeled ranch 3 bedroom two bath home is now offered as a short sale. The list price is $695,000 or $404 per sq. ft. Shop and compare. I don't think you will find a better deal in that price range. Spanish tile throughout, new bathrooms, new kitchen and tropical landscaping on a spacious 6300 sq ft lot. The living area flows throughout the house with French doors leading to the heated pool and spa. Covered lanai overlooking the pool and spa. … (0 comments)
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key west house: Bank Owned Homes in Key West
- 08/27/08 04:51 AM
It's that time again. Time to roll out the list of Bank Owned Single Family Homes for sale in and near Key West. CLICK HERE to look at the list of active single family homes. Some are "challenged" and a couple actually look really interesting. I used to manage the Special Assets Department for a bank in Denver. We had our share of bank foreclosures. Banks don't want them. A lot of lenders have been doing some aggressive restructuring in the form of short sales to limit the amount of new foreclosures. But there will still be more foreclosures for some … (0 comments)
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key west house: Two Done Deals
- 08/20/08 03:14 AM
Last week I wrote about the deal that was. The deal that got away and that will not return. A real deal in a down-trodden economy. Yesterday two properties sold and closed. Our office used to have the listings on both properties, but lost them when the properties did not sell. They were not my listings, but those of this office. No harsh feelings, I'm working with one of the owners on another deal. So what I am about to write is not sour grapes or anything like that. But it is intended as illustrative of what is going on in … (0 comments)
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key west house: 3041 Flagler Ave. Key West -- Bank Foreclosure
- 08/16/08 03:13 AM
Bank Owned four bedroom / 2 bath home at 3041 Flagler Avenue, Key West, Florida needs to be sold soon. This is our sad listing. This 1478 sq ft house sits on a large (60' x 104.88' lot -- 6292 sq ft)is now offered for quick sale at only $279,000 or $189 per sq ft. Call an appraiser to verify what I am saying, but I am pretty sure the asking price is cheaper than the per sq ft cost of a buildable lot plus you get a house thrown in. This house would make a good project for some young … (2 comments)
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key west house: That Was the Deal That Was
- 08/14/08 03:36 AM
You Old Timers may remember a TV show called That Was the Week That Was. It was hosted by glib Brit David Frost and it was a fast paced re-cap of life in the 1960s. It was a snapshot looking back. A property that has been on the market for about 3 years just closed. The terms of the sale need to be mentioned. The new house at 1117 Royal Street (Corner of Royal and Amelia Streets) sits a block and a half north of St. Mary's Catholic Church. A top rate Key West contractor developed that house and the property … (0 comments)
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key west house: 1116 Seminary Street Key West, Fl
- 08/10/08 01:03 AM
Here is a deal that might work just for you. 1116 Seminary in the Casa Marina Area of Key West has tentatively been approved for a Short Sale by the lender. Some details still need to be worked out. There is a contract in place but the prospective buyer may not close because he/she has a contract on another property as well. The seller must sell to avoid inevitable foreclosure. 1116 Seminary is located one half block west of Whitehead Street and across the street from the original Key West High School. The location is quiet. All of the houses on … (0 comments)
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key west house: The Key West Bank Dick
- 08/08/08 03:42 AM
I've complained before that the Key West Association of Realtors mls database does not automatically show bank owned properties. Some Realtors believe that lender-owners do not want to disclose to the public that a bank owns a piece of property. I guess that is possible, but having worked in the Special Assets division of two banks, I know that we advertised we were selling bank foreclosures. There is a segment of the market that wants to buy bank foreclosures: they think they are going to get a deal. They have watched those late night info-mercials on how to buy real estate … (0 comments)
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key west house: Architectural Icon - 1415 Alberta Street - Key West
- 08/07/08 03:20 AM
The French Polynesian style home at 1415 Alberta Street in Key West's tony Casa Marina area was just listed for sale at $1,275,000 or only $504 per sq ft. The property was built in 1963 and it was featured in Architectural Digest in 1968. To read the article and view the photos of the 1415 Alberta Street as is appeared in Architectural Digest in 1968. It may take a couple of minutes to download. CLICK HERE This property is not our listing. I met with the listing agent two days ago so that I could preview the house for a client. … (0 comments)
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key west house: 707 Washington -- Key West -- Short Sale
- 08/04/08 05:28 AM
Just Listed: 707 Washington Street Key West, Florida. This great two home property is a legal duplex but it is actually two separate houses on the same lot and it is located on one of the best locations in the Casa Marina area. This property was constructed in 2004. I live a couple of blocks away and I remember riding my bike past the property during the lengthy construction. I was excited to see the interiors once the houses were completed. Each property is distinct, but they share a common design theme. The rooms are large and the bedrooms on the … (0 comments)
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key west house: 3533 Flagler Avenue Key West Florida
- 08/03/08 04:39 AM
Bank Owned house at 3533 Flagler Avenue in Key West, Florida is begging for a buyer. This 1950's vintage house has 4 bedrooms, 3 baths, a new kitchen, a separate laundry room, an enclosed backyard with a nifty pool, and balcony off the master bedroom overlooking the pool. The house is 1658 sq ft according to the property assessor, but I suspect it may be a little bigger because of the rear addition to the house. The lot is 5000 sq ft. The current asking price is $470,900 or $282 per sq ft. Like a lot of bank owned houses this … (0 comments)
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Right after I started this blog about Key West Properties I wrote a piece called Life in the Slow Lane CLICK HERE to read. I mused about the virtues of living on one of the slow lanes in Old Town Key West. This Old Town gem is tucked away on one of Key West's slow lanes between Frances and White Streets. The cottage has been lovingly restored to maintain all the character and charm you'd expect to find such as Dade County Pine walls, Georgia Heart Pine floors and thoughtful attention to detail. The floor plan is open and spacious and … (0 comments)
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