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old town: 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)

old town: 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)

old town: 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)

old town: 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)

old town: 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)

old town: 704 William Street - Old Town - Key West - Short Sale - 04/18/12 05:30 AM
704 William Street - Key WestThe asking price on the very attractive three bedroom home at 704 William Street in Old Town Key West just got a lot more attractive. The house is now a Short Sale and the asking price has been reduced to just $899,000. The listing Realtor describes this home this way:
"Beautifully renovated throughout with 2 story addition in a sweet and quiet Old Town location. Totaling 3 bedrooms and 4 baths all ensuite, you will marvel over the private layout this split floor plan boasts with seperate staircases to 2 second story bedrooms. Gorgeous kitchen with … (5 comments)

old town: 627 Elizabeth Street - Sitting Pretty Atop Solares Hill - Key West - 04/06/12 11:34 AM
627 Elizabeth Street - Key West - by Rick Worth
The Real Deal - Sitting Pretty Atop Solares Hill Who wouldn't fall in love with an historic Cigar Maker's Cottage in a great Old Town location near everything but far enough away not to be in the middle of it all? The listing Realtor describes 627 Elizabeth Street in Old Town Key West this way:
"Opportunity knocks.This totally remodeled home was awarded the Cert. of Excellence and a Silver Star for 2010. You will feel the attention to details from the moment you step inside. The entire house has Brazilian Cherry … (0 comments)

old town: 517 Elizabeth Street - Old Town - Key West - 03/29/12 03:19 AM
517 Elizabeth Street as it appeared in 1965
517 Elizabeth Street - Key West - March 2012Just listed, but not by me, a home the listing agent fondly describes as a historic treasure.
"Located on one of the most desirable streets in Old Town Key West sits this historic 4 bedroom treasure. Loved and cared for by the same family since the 1950's, this home offers a tremendous opportunity to enjoy the best of Old Town living. Large lot with ample room for a pool, off-street parking for 3 cars and a rare and highly coveted garage make this an attractive … (1 comments)

old town: 419 Simonton Street - Key West, Florida - 03/18/12 07:47 AM
If you are reading this blog I am pretty sure that you are thinking of buying a home or a potential investment property in Key West. More than likely you are specifically considering a property in the ever popular Old Town area of Key West. And chances are pretty good that you might be willing to take on a bit of project if you could get your hands on a great old house with a lot of potential. If this fits your profile, read on.
419 Simonton Street - Key West - 2011 Preferred Properties (that's where I work but this … (3 comments)

old town: Price Reduction on Artist's Retreat - 809 Virginia Street - Old Town Key West - 03/15/12 08:35 AM
 
The cool pool at 809 Virginia Street Preferred Properties (that's where I work, but this is not my listing) just reduced the asking price on 809 Virginia Street in Old Town Key West to $650,000. The listing broker describes this artist's home as:
" Completely renovated by an artist/designer, this classic Key West cigar maker's cottage has wonderful style. The living area opens to a very private pool surrounded by lush tropical foliage. French doors and windows fill the house with light from the front porch to the back of the house. Light wood floors, high ceilings, an open staircase … (3 comments)

old town: The Lady in Waiting - 410 Simonton Street - Old Town Key West - 03/13/12 08:00 AM
I wrote about one of the most photographed houses in all of Key West last fall when it was listed by Preferred Properties Coastal Realty, Inc., that's where I work but this is not my listing. I would like to reacquaint my Dear Readers with about this property and perhaps encourage someone to come on down and get her before someone buys her and gets to have all the fun.
410 Simonton Street - Old Town - Key West 410 Simonton Street is truly a Lady in Waiting - waiting that is for that special someone to come in and restore … (3 comments)

old town: Mr. Potato Head - 03/06/12 10:03 AM

One of the very best Christmas gifts I ever received was given to me by my big sister back in the early 1950's - it was a Mr. Potato Head. Unlike the Mr. Potato Heads today, you needed a real potato to make this toy work. Today's version is made out of plastic and to me that is just 'wrong'.The thing I liked about Mr. Potato Head was that I could make him become whoever I wanted him to be. He could look happy, for sure. But I could put his ears or nose in a funny place or move … (3 comments)

old town: 821 Southard Street - Old Town - Key West - 03/05/12 08:35 AM
 
821 Southard Street, Key West, Florida - 1965  
821 Southard Street, Key West, Florida - March 2012 821 Southard Street has a very calming affect on me each time I show the house. It reminds me of my grandmother's house. It is to comfy-cozy. It sits high up off the ground. The house sits back from the street protected by a white picket fence. Two giant palms flank the house to provide cooling shade in the hot afternoon sun. The porch runs the width of the house where an owner could sit and watch the world pass by.The front … (1 comments)

old town: 3 Nassau Lane - Old Town - Key West - 02/21/12 07:42 AM
3 Nassau Lane - Old Town Key West The listing at 3 B Nassau Lane in Old Town Key West ought excite buyers who want an affordable single family house in a great location: the asking price is just $439,000. The listing broker describes the listing like this:"A perfect 1BR/1BA cottage located on a beautiful lane in the heart of the historic District. Completely renovated in 2001 (but it looks like it was done yesterday)with cedar siding, solid oak flooring, new kitchen with granite countertops, new bath, double glazed Marvin windows with plantation shutters. French doors lead to a side deck. … (2 comments)

old town: 920 Terry Lane - Old Town -Key West - 02/15/12 12:29 PM
920 Terry Lane - Old Town - Key West
Just listed by Preferred Properties (that's where I work, but this is not my listing) 920 Terry Lane in Old Town Key West. This house sits opposite the foot of the Historic Key West Lighthouse. I doubt that the view from 920 Terry Lane will change within the lifetime of anyone reading this blog. And that ought to mean long term neighborhood stability for any buyer of this property.I found a photo of the property taken in 1965, above. Compare the facade in 1965 to the way the house looks today.The listing … (1 comments)

old town: Love For Sale - 728 Love Lane - Key West - 02/14/12 11:06 AM
728 Love Lane in Key West is a must see for anyone who desires to purchase a home with the best in location, privacy, security, top notch construction, and superb attention to every detail. Some features include bricked off street parking, heated custom reverse infinity edge pool, two zone A/C, whole house back-up generator, professional chef's kitchen built by a custom furniture maker with Wolf, Sub Zero, and Bosch appliances, a spacious loft to accommodate extra guests, extensive storage, covered veranda with wet bar, ice maker and under counter refrigerator, impact windows and skylights, floor to ceiling marble and decorative tile … (1 comments)

old town: Seascape Tropical Inn - Guest House - Key West - 02/03/12 12:31 PM
Preferred Properties Coastal Realty, Inc. (that's where I work but this is not my listing) just listed the ever-so-cute Seascape Tropical Inn. Seascape is located at 420 Olivia Street - about 100 feet from Duval Street and it's famous neighbor to the west is the Ernest Hemingway House. Seascape Tropical Inn was praised by the New York Times and named the "Best Value of all Key West Bed & Breakfasts" by Florida Keys Magazine.
The new pool is easily accessible from all rooms  
Breakfast in the morning and complimentary cocktails in the early evening  
Sunworshiper's paradise on most days … (1 comments)

old town: 714 Southard Street - Old Town - Key West - 01/30/12 06:00 PM

714 Southard Street - Old Town - Key West Just listed, but not by me, 714 Southard Street in the very heart of Old Town Key West. This Short Sale property is a legal duplex which the listing Realtor describes as:
"Very attractive and completely renovated duplex located on desirable Southard Street in the heart of the Key West historic district. The two story home is configured with a two bedroom, one bath residence downstairs that opens onto a covered rear porch and decked yard with a heated pool and a separate artist studio. Upstairs is a spacious one bedroom, … (1 comments)

old town: 6 Havana Lane - Old Town - Key West - 01/28/12 07:31 AM
6 Havana Lane - Old Town - Key West Just listed, but not by me, 6 Havana Lane in Old Town Key West. This is a really sweet three bedroom plus two bath home with a beautiful pool surrounded by tropical foliage. It is in move-in condition and it is priced to sell quickly at just $625,000. Robin Van Mater (At Home in Key West) is the listing Realtor describes the property:
"Relax in comfort and privacy in this lovely Conch Style home with three off street parking spaces. From the moment you walk into this home pride of ownership shows … (2 comments)

old town: 718 Olivia Street - Old Town - Key West - 01/27/12 08:06 AM

718 Olivia Street - Old Town- Key West If you are looking for a "project house" on a big lot and situated in a good Old Town location, you may want to take a look at 718 Olivia Street which was just listed at the asking price of $679,000. The listing Realtor describes the 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 lot with BIG 85' x 65' back … (4 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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