blog: Everbody's Talking! 924 Flagler Avenue - Casa Marina - Key West Landmark
- 02/28/09 12:05 AM
The Realtor I used many moons ago when I decided to look for a place in Key West just listed one of the most sought after homes in Key West. No hyperbole, folks. Just the facts. The property of which I speak is located at the corner of Grinnell and Flager in the Casa Marian area. CLICK HERE to see the details on this property and view the photos of the incredible interior that has not been touched since the house was built in 1935. The property at 924 Flagler Avenue is a mix of Spanish - Art Deco with a … (0 comments)
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blog: 615 Grinnell Strret (Rear) - Old Town - Key West
- 02/27/09 03:15 AM
New Listing (but not mine) at 615 Grinnell Street (REAR)is a house that prospective second home buyers ought to take a look at. The one story house is located at the far end of a lane accessed just off Grinnell Street midway between Five Brothers on the north and the Key West Cemetery on the south. There are some very nice homes on this block. And it is located in a very quite area of Old Town. But it is located only a few minutes walk to Duval or the Historic Seaport. Those features ought to appeal to a wide audience … (0 comments)
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blog: Bank Owned - Heart of Old Town - Key West
- 02/26/09 02:18 AM
I wrote about 518 William Street twice last year and urged potential buyers to look at this very well located house when it was offered as a SHORT SALE at the asking price of $875,000. Guess what: it did not sell. The then listing Realtor did tell me that the lender received a couple of low ball offers in the $300,000 range. Guess what again: it is now BANK OWNED and the new asking price is only $399,900 or $231 per sq ft. This is how the Listing Realtor describes 518 William Street: "Old Seafaring Neighborhood located just blocks from the … (0 comments)
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blog: 1114 Fleming Street - Old Town - Key West
- 02/25/09 07:15 AM
This is how the listing Realtor describes the new listing at 1114 Fleming Street in Old Town Key West: "This circa 1886 home has cypress siding and contains four bedrooms and four and one-half baths including a separate guest cottage overlooking the pool and patio with covered outdoor dining. The kitchen has a large living area with dining. There is also a downstairs bedroom suite and another room suitable as a den, library or office. There are two bedrooms each with baths ensuite upstairs. The master suite has a walk-in closet and opens to a sunny sitting porch under the Royal … (0 comments)
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blog: Key West Condo & Townhouse Short Sales - 2
- 02/24/09 06:07 AM
A few days ago I wrote about Condo and Townhouse Short Sales in the Old Town Key West area. Those units are normally priced higher than other areas of Key West because that area is more sought after by second home owners. Today I am featuring properties in Mid Town & New Town CLICK HERE and Stock Island CLICK HERE. There are a couple of pretty good steals in the 61 properties featured on the above links. Do your homework and checkout the properties. There are two units at Seaside South and one at the Key West Beachside Resort that should … (0 comments)
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blog: 1130 Royal Street - Key West - Buy It Before It Totally Disappears!
- 02/23/09 07:26 AM
There are some magic moments in Key West, but there is no magic in the world of bank owned homes. For some reason kitchen appliances, light fixtures, ceiling fans, pool equipment and even air conditioners seem to disappear from most bank owned properties. There is a new listing at 1130 Royal Street (located at the far end of upper Windsor Lane by St. Mary's Catholic Church) that is a bank owned house. The asking price is only $325,000 for this clean little two bedroom one bath cottage of 751 sq ft. The price per sq ft is a mere $433. The … (5 comments)
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blog: 708 Passover Lane - Old Town - Key West
- 02/22/09 12:03 AM
I can tell you one thing for absolute certain about Key West real estate: you either love houses located across the street from the Key West Cemetery or you hate them. So if you are of the latter persuasion, do not read any further. But if you don't mind tombs with a view, read on dear reader. There is a very charming Arts & Crafts style house located at 708 Passover Lane that was just listed at the asking price of $650,000 or $923 per sq. ft. The two bedroom two bath house has 704 sq ft of living space and … (0 comments)
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blog: I told you so.......
- 02/18/09 12:57 AM
This blog entry is for you disbelievers and prophets of doom and gloom, more toil and more trouble. It is also for you dreamers who want to buy a place in Key West but who fear that we are not at the bottom of the market. I thought it would be interesting to see how many properties that I have mentioned in my little blog have actually closed since January 1, 2009. I used the Key West mls database and found that there were 46 closings to 8:30 AM today, February 18. Here then are the houses that got away: 5601 … (0 comments)
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blog: 610 Olivia Street - Old Town - Key West
- 02/09/09 07:04 AM
This is how the listing Realtor describes the property located at 610 Olivia Street: "This renovated home is located just one block from world famous Duval Street in Historic Old Town Key West.Walk to clubs, restaurants, shopping and museums. Property is currently configured as a duplex with each unit offering one bedroom, one bath, central air conditioning, washer and dryer, dishwasher, range, refrigerator and one unit furnished. Off street parking and a large fenced yard with room for a pool are just a few of the amenities offered on this cozy cottage." Two years ago (at my former real estate office) … (0 comments)
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blog: Key West - Open House Event - Sunday 12-4 PM
- 02/06/09 05:01 AM
Preferred Properties Coastal Realty Inc is hosting an Open House Event at some very nice homes in various locations in Key West on Sunday, February 8, 2009 from Noon until 4:00 PM. Come by one or all of the Open Houses. 3300 Riviera Drive ($2,895,000) a stunning 3402 sq. ft. home with 4 bedrooms, 7 baths on the Riviera Canal. Pool, two car garage, boat lift, and lots of wow factor. CLICK HERE for more info. 416 Elizabeth Street ($3,900,000) Historic home on one of the best blocks of Old Town. Property includes a pool house w/ bath and a two … (0 comments)
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blog: January Real Estate Sales in Key West
- 01/31/09 11:46 PM
I've been telling you that sales are picking up in Key West and advising you not to wait too long before you buy. Snoozers are Losers! In January there were ten single family home sales in Key West (including a couple of properties that could be used as legal duplexes). Going either way is common in Key West, I guess. I have written about several of the homes that sold and I gotta tell you, I told you they were bargains to be had. Included were 701 Elizabeth, originally $1,579,000 and sold for $695,000 (Not a Short Sale nor a distress … (0 comments)
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blog: Beep! Beep! Beep! - The Sound of Key West Foreclosures...
- 01/24/09 07:54 AM
So you are walking down one of the picturesque Key West streets or lanes and see a "For Sale" sign. (There are a lot of those signs all around Key West these days.) As you near the house you hear "Beep! Beep! Beep!..." emanating from inside the shuttered house. You instantly know the house is bank owned or soon to be bank owned. Instead of hearing the sound of silence, you hear the chirp of a smoke detector that transformed itself from a life saving appliance into a miniaturized public address system that continually announces to the world "forerclosure!","forereclosure!","foreclosure!"... That beep … (0 comments)
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blog: 1400 1st Street - MidTown - Key West
- 01/23/09 12:14 AM
Preferred Properties, Christies Great Estates, has a new listing at 1400 1st Street in the Mid Town area of Key West that may appeal to the buyer that wants a very large and gracious home away from the hoopla of Duval Street. The listing Realtor describes this property thus: "Unparalleled quality and craftsmanship in a new home in Key West. This property is superb in every way from the solid Brazilian cherry floors, the granite counters, the stainless appliances including a six burner Viking gas range, the custom tile in every bath, hand-built wainscoting and custom hand-built crown molding. Every detail … (0 comments)
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blog: No Brainer Loans
- 01/22/09 01:03 AM
A few years back when buyers were buying properties in Key West as second homes or investment properties, some of the local banks helped create part of the financial predicament we are experiencing today. They made what I like to call "No Brainer Loans". I first heard the term "No Brainer Loan" about 4 or 5 years ago. It was used by a local banker I'll call "Big-wig". I had called him to discuss a property my buyer had found that needed renovation. I needed to find out what kind of financing my buyer could obtain. Big-wig told me the bank … (0 comments)
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blog: Key West Short Sales to Dream About
- 01/16/09 01:37 AM
There are 85 condos and townhomes in Key West currently listed as "Short Sales" but there probably more because the listing agent may not have clicked the right button when adding the listing to the mls database or the owner does not want everyone to know his financial plight. Both of those happen. I went through the 85 and selected 13 (don't know if that's a good number or not!) for you to consider. Each unit is in a good location. Some units have transient licenses are are available for legal transient rentals on a daily basis all year long (except … (0 comments)
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blog: HGTV Florida Keys Dream Home - Part Deux
- 01/14/09 10:40 PM
Last year I wrote about HGTV's Dream Home giveaway in the Florida Keys. The dream house is located on Plantation Key near Islamorada, Florida. CLICK HERE to read what I wrote then if interested. The Monroe County public records show the purchase price attributed to the property was $2,000,000 when title transferred in June 2008. I have been wondering whatever happened to the property but I was too busy to care enough to look. Until yesterday. I got an email asking about the house. In my blog last year I said "Enter to win. Be careful, you may win and get … (0 comments)
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blog: Duval Square Townhome - Key West - Short Sale
- 01/14/09 12:47 AM
Key West Townhome Short Sale. That's not news, you say. But take a look to see what might be a good investment opportunity. The recently listed 1325 sq ft two story, 2 1/2 bath townhome located in the Duval Square Condominiums (1075 Duval Street in Key West, Florida) is offered as at the short sale price of $479,000 or $362 per sq ft. This is how the Listing Realtor describes this property: "Transient License - Turn-Key Income Condo on Duval St! This Mediterranean Style condo has Mexican Tile downstairs and oak floors upstairs. Downstairs features the kitchen, a half bath, laundry … (0 comments)
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blog: Bank Owned Properties - Key West
- 01/13/09 05:27 AM
It's that time again to list the current single family houses and multi-units that are bank owned and offered for sale. CLICK HERE to checkout the current inventory. If you have been following my little blog for some time,you will note that some of the properties are no longer available. Some actually get sold. Some sales take forever to occur, and others can occur very quickly. You may see that several of the properties have had the asking prices reduced. Some buyers mistakenly think banks are so over-whelmed with the inventory of foreclosed homes that the banks are aching for offers … (0 comments)
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blog: Just Listed 1212 Olivia Street - Key West
- 01/12/09 01:52 AM
Just Listed -- well, last week it was. This unusual property was the carriage house that was part of a much larger home adjacent to the east. This property was listed in 2008 at $1,375,000. CLICK HERE to see what it looked like then. It did not sell. The bank foreclosed and now this property is Bank Owned. The new asking price is $599,900 or $358 per sq ft. The property is located at 1212 Olivia Street in The Meadows Area. It is just a step away from White Street to help out of town buyers place it. The house has … (0 comments)
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blog: 1118 Olivia Street - Old Town - Key West Cottage
- 01/11/09 01:18 AM
This is how the listing Realtor describes the Key West cottage located at 1118 Olivia Street: "Bank Owned. REO. Bank Foreclosure. Easy to see! One of a 7 unit condo compound on Olivia Street in Old Town Key West. It is a stand alone structure with vaulted ceilings, tiled floors, stained glass, and a covered rear deck. Brick walkways, large heated pool, landscaping, and a great entertainment area pool side add to the charm of this compound . It is located within biking distance to the beach and the downtown area. Located less than one block off White St where you … (1 comments)
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The Realtor I used many moons ago when I decided to look for a place in Key West just listed one of the most sought after homes in Key West. No hyperbole, folks. Just the facts. The property of which I speak is located at the corner of Grinnell and Flager in the Casa Marian area. CLICK HERE to see the details on this property and view the photos of the incredible interior that has not been touched since the house was built in 1935. The property at 924 Flagler Avenue is a mix of Spanish - Art Deco with a … (0 comments)
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