key west homes for sale: Multiple Offers In Key West Real Estate Signal A Recovery - 06/24/11 10:05 AM

Key West Real Estate is heating up. Don't believe all the doom and gloom of the naysayers out there.  This past week I have personally been involved in 2 properties where multiple offers were presented.  This reminds me of the good old days and I think is a great sign of recovery.  Never mind that June is supposed to be a slow month in Key West Real Estate. 
I think what we are seeing is pent up demand that is finally being unleashed. There is alot of money out there and prices have come down to provide great real estate values.  … (1 comments)

key west homes for sale: 806 Truman Avenue- The Victoria House- Beautiful Slice of Key West Real Estate - 06/19/11 03:45 AM

OPEN HOUSE SUNDAY, JUNE 19, 2011 1-3PM
Join us for an open house at this great and gorgeous home located in the heart of Old Town Key West at  806 Truman Avenue  The home has three transient licenses and great rental income. 
For more information on Key West Real Estatecall Rudy Molinet today at 305-240-1090.  Rudy is the Key West Realtor who will work hard to make your Key West home dream come true.  You can search all my listings at www.rudymolinet.com
 
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key west homes for sale: Great Key West Condo Under Contract - 01/04/11 03:20 PM
 

We just put this great Key West condo under contract with a couple from Indiana. The two gentlemen will be using this wonderful place as their getaway from the cold Indiana winters.
Check out the Treehouse Condo on William Street.  For more real estate listings and to learn about Key West Real Estate contact Broker Rudy Molinet today at 305-240-1090.
 
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key west homes for sale: Rudy Molinet Posts Record Key West Real Estate Sales in 2010 - 01/03/11 03:22 PM

 
Rudy Molinet, Owner and Broker of Marquis Properties Realty sold a record $25 million in transaction sides in Key West for 2010.
Despite a challenging year for the market, Rudy and his partner Harry Hoehn led the pack among almost 400 Key West Realtors and ranked # 1 in sales for 2010. Harry and Rudy credit their success to hard work, innovative marketing and great customers and clients.
Rudy was also selected as the 2010 Key West Realtor of the Year by the Key West Association of Realtors.  Key West Real Estate is seeing a recovery and Rudy will … (1 comments)

key west homes for sale: Key West Luxury: Truman Annex Home For Sale - 12/08/10 07:39 AM
Just listed in Key West: this elegant single family home with detached guest house is now offered in Truman Annex, the prestigious gated community of Old Town Key West. This luxurious four bedroom, four bath single family home offers an open floor plan with upscale finishes, soaring ceilings, designer tile and wood floors. The property also boasts covered off street parking.
The new owners will enjoy a large master suite with wonderful covered porch, cathedral ceilings and great closet space. A lush tropical yard with amazing heated pool and wrap around deck with outdoor dining area allows its residents creates the … (1 comments)

key west homes for sale: Luxury Key West Properties For Sale - October's Featured Listings - 10/05/10 07:39 AM
October is a great time of year to look at real estate in Key West. The weather has turned, gentle breezes sweep through the verandas and the tropical gardens; it’s a great time to buy.
Here are some of our favorite listings – from an affordable 2 bedroom charmer on a quiet Old Town walking lane to the ultimate in a water view condo on the Historic Seaport.
720 Passover Lane is a delightful "Hidden Historic Oasis" tucked away at the end of a quiet,walking Old Town Lane. Manhattan meets Key West in this beautiful renovation of a historic jewel. Open … (0 comments)

key west homes for sale: New Listing in Key West's Truman Annex - 01/21/10 06:03 AM
Our latest listing is a gorgeous two story condo/townhome located in Porter Court in prestigious Truman Annex, a gated community of Old Town Key West. The home boasts an open floor plan and its own wonderful private yard and great views of pool and courtyard from the second floor balcony.
Porter Court is a gated community of 19 townhomes within Truman Annex. Residents enjoy a private pool, hot tub and beautifully landscaped  tropical gardens. The condo is eligible for a Truman Annex transient license. Don't miss it this priced-to-sell property. One of the best values in Truman Annex!
This desirable Old … (0 comments)

key west homes for sale: Home & Garden Television Comes to Key West - 12/14/09 04:49 AM

Key West will be featured on HGTV's popular television series "National Open House". Hosted by local real estate Broker Rudy Molinet, the show compares homes in Key West with those in Providence, RI and Milwaukee, WI.
The show features local homeowners showing their homes in several parts of town and in different price ranges. The episodes were filmed last year with local Key Westers "showing off their homes" and Rudy Molinet acting as the local real estate expert and ambassador for Key West.
The show was filmed at local landmarks including the Old Town Historic District, the Oldest House on … (0 comments)

key west homes for sale: Great Key West Real Estate Month For Rudy Molinet and His Customers - 10/31/09 10:38 AM

What a great month October has been for Key West Real Estate and for Rudy Molinet and Harry Hoehn's customers at Marquis Properties Realty!
We started the month by putting 631 Southard Street under contract. The property had only been listed for 66 days in the dead of summer and we received an all cash offer close to the asking price of $1,895,000. We actually had two different buyers ready to make offers during the same week on this property!  Well priced, quality listings usually sell, even in these times.  That has been the rule in real estate- location, location, location---and proper pricing.  (Aggressive … (0 comments)

key west homes for sale: Key West Home For Sale- 510 Frances Street- Luxurious Renovation - 10/28/09 03:48 PM
 

Once in a while you come across a home so beautiful, in such a great location, that it will take your breath away.
Such is the experience you will have when you see this gorgeous piece of Key West Real Estate located at 510 Frances Street in Old Town Key West.  I am a bit biased as my partner Harry Hoehn and I own this home and did a full renovation. We are selling because we are starting a new project just one block away.  This is what we do. We restore historic homes, live in them so we make … (0 comments)

key west homes for sale: Key West Home For Sale- 626 Grinnell Street- Old Town Beauty - 02/23/09 01:39 PM
 

The area near the Key West Cemetery is one of the most desirable neighborhoods in Old Town Key West.  The cemetery was placed in this part of town back in the 1800's because it is the highest elevation in town known as Solares Hill.  Before you grab your tissues for that altitude-induced nose bleed, note that the elevation is only about 15 feet above sea level!
The home located at 626 Grinnell is a beautiful piece of Key West Real Estate.  The large home by Key West standards (almost 3000 square feet) is truly majestic.  The high ceilings, Victorian touches, … (1 comments)

key west homes for sale: Dreaming of Key West Real Estate- Making Dreams Come True - 02/16/09 09:36 AM

 
Yesterday I received a lovely email from a couple who had visited Key West on a cruise ship, fell in love with the Island and now want to buy a piece of Key West to call their own.  The husband is flying down on March 6 to look for their dream home. I am looking forward to working with them and have identified a few properties that meet their needs and dreams.
I love working with these types of buyers since this is exactly my story.  In 1994 my partner Harry Hoehn and I came to Key West on … (0 comments)

key west homes for sale: Key West Home For Sale- 620 Thomas Street Unit 282- Truman Annex Condo - 02/11/09 02:18 PM
 

I recently listed a really nice 2 bedroom, 2 bath condo in Truman Annex.  Truman Annex is the premier gated community in Old Town Key West.  This particular unit is located in the Shipyard Condominiums.
The unit is a nicely appointed 2/2 with a great balcony. The unit features an open floor plan, tropical decorations and a great rental history. In 2008, the net revenues (after commissions) was just shy of $30,000.
This is a great condo for investment or if you would like a place in Key West as a second home. Many buyers will rent the unit … (0 comments)

key west homes for sale: January 2009 Key West Real Estate Results - 02/09/09 11:54 AM
 

 
One of the most difficult challenges we face as Realtors is helping people to understand the current real estate market and to align their expectations with reality.
In 2005 we had what I call "Macho Seller's Syndrome".  Sellers were getting whatever price they wanted and multiple offers were commonplace. Fast forward to 2009 and now we are seeing a new phenomenon:  "Serious Seller Syndrome"  That is, many sellers are realizing that in order to sell their property in TODAY's market, you have to price it according to what it is worth today.  
As Realtors we have access to current market information at our fingertips.  A … (0 comments)

key west homes for sale: Key West Realtor Rudy Molinet- Not Kidding Around! - 02/07/09 08:50 AM

 
You may recognize this baby picture of Key West Realtor Rudy Molinet.  You probably are wondering, "why does this guy use his baby picture in his advertising?"
When I started in the Real Estate business I was thinking of a clever way to stand out among the thousands of Realtors in my area. So many Realtors use these "glamor shots" of themselves that were taken many years ago.  There was one particular agent I knew who was in her 50's and the picture on her ads was when she was 25! It was pretty ludicrous. 
I love satire so … (0 comments)

key west homes for sale: Lower Interest Rates Create A Window Of Opportunity - 01/31/09 02:43 AM
 

 
I recently received an email from a colleague in the mortgage business.  It was very informative and I asked his permission to share it with my readers.  Here it is.  This is courtesy of Ruben Concepción of Keys Financial Corporation:
You can click on this link to access the whole article to read about mortgage rates for Key West Homes.
Ruben is a smart, local mortgage banker who keeps us informed as to trends in the Key West Real Estate market.  He is basically saying that if you want to buy your Key West Real Estate Dream Home, … (0 comments)

key west homes for sale: Key West Short Sales- Success Can Happen! - 01/30/09 09:20 AM

KEY WEST SHORT SALES CAN HAPPEN
 IF YOU HAVE THE RIGHT KEY WEST REALTOR GUIDING YOU ALONG
If I had a dollar for every time someone calls and asks if they can buy a Key West Home for "20 cents on the dollar", I would be a very rich man!
The truth of the matter is that there are some great deals in Key West Real Estate right now.  Probably not 20 cents on the dollar, but some properties that have been deeply discounted due to Seller's being distressed. Most of these properties are either Bank Owned Foreclosed Properties or … (1 comments)