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1304 Atlantic Drive - Bank Owned - Key West

By
Real Estate Agent with Preferred Properties Key West







I wrote about 1304 Atlantic Drive right after it was listed for sale as a BANK OWNED property six months ago. The asking price then was $695,000. The asking price was just reduced on this large recently constructed (2008) single family home to $550,000 or $282 per sq ft. This house at this price deserves a return to the blog. This is how the previous agent described this property just weeks ago when it was still a "short sale":

"Gorgeous top of the line new construction! Stainless steel Thermadore appliances, wood floors through out. Wired for sound system. Hurricane lock windows and doors, with storm shutters to boot. This home has it all with French doors opening to deck and pool. Less than a block to the ocean and a short walk to the Casa Marina. In area of multi-new homes. Does not get better than this! Owner is a FL Lic RE Broker."

I need to point out that the stainless steel appliances were removed. So a new purchaser will have to spend additional money to replace the missing appliances.

The current listing Realtor describes the property this way:

"Spacious three bedroom three and a half bath home with all the fine finishes. Granite countertops, wood floors and French doors leading out to the pool and deck. Great home for entertaining! This home is located in a very quiet neighborhood that is a short walk to the beach and the Atlantic Ocean."

Two other homes are also available in this development. Each is the same size, construction and amenities, except these houses have appliances. One is offered at $995,000 and the other at $1,099,000. CLICK HERE to checkout the mls listing information and view listing photos on all three units.

1304 Atlantic Drive has the same square footage and lot size as the other, higher priced units. All units have 1950 sq ft and have 3 bedrooms plus 3 1/2 baths. Perhaps 150 feet separates the three properties. All of these units were built in 2008. 1304 Atlantic Drive has been used as a vacation rental. The Atlantic Ocean is a five minute walk even though it is located only one block to the south. There is no direct access so you will need to walk a block out of the way to get to your favorite new beach spot. If you don't like sand in your toes and the sting of salt water on your skin, you can swim in your own pool instead.

The beach is just a couple of blocks to the South

 

Your private pool is just outside your back door

 

Your private pool is on the other side of the French doors


The bank that owns this property is a local bank in Key West. I think an offer should get prompt and fair consideration. If you want to see this home, or any other property in Key West, please contact me, Gary Thomas, 305-766-2642. I am a full time Realtor at Preferred Properties Coastal Realty, Inc.

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