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By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 5
 During the height (or depth) of the 2008 Recession (which lasted into 2012 or so), I was taking photos of a bank owned home located in the South of Truman Area of Old Town Key West. A neighbor came outside to talk to me and told me a family member of his used to own the bank owned property. And ...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 4
The asking price for the top floor unit at 800 Fleming Street 3-B was just reduced to $875,000. That makes this unit a buying opportunity in my opinion. This is one of the earliest and finest renovated buildings in Key West and it certainly enjoys the prime location of about any single property i...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 2
  President Trump was in Key West a few weeks ago. I once said I wouldn’t walk across the street to see him even if he came here. But when it was announced that he was coming and would be driving past the block where I live, I did walk to the corner to watch him pass.  I stood in the glaring sun ...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 3
I have lived in Key West for the past 23 years and have watched as this little old drinking town with a fishing problem has changed, much for the better, and sometimes for the worse. But it is still the place I would rather be than any other place on Earth.The two above photos show 317 Catherine ...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 2
It's end of season in Key West. Some folks have left town to find fame and fortune in northern towns and territories. Others folks are heading down to Key West to do the same thing. Some people succeed, others do not. That is life. I was in Miami a couple of weeks ago. I cannot imagine why any sa...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 2
The asking price on 1501 Pine Street, Key West, was just reduced to $1,149,000 making this Meadows of Key West homes one of the very best values in town. This stunning home is part of The Meadows condo association. Newly built in 2007 with top of the line materials and craftsmanship, this home fe...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 5
 I check the Key West MLS hotsheet constantly throughout each day. It is important to know about each new listing and also be aware of price reductions and houses that go under contract. Just as important are new solds as they indicate what has sold, at what price, and identify the agents who lis...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 5
  Today's blog is another in my series telling tales involving real estate gone bad. Previous blogs dealt with death and destruction. Today's tale is but a report of a deal gone terribly wrong where I imagine the participants shrieked to the heavens when they discovered a ghoul had got their goat...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 5
620 Thomas Street #283 is a second floor two bedroom Shipyard Condominium located about fifty feet from the community pool, one block from the new Truman Waterfront Park, and three blocks to Duval Street. It has a valuable special Truman Annex Transient Rental License. What more could you want?Tr...

By Kelly Willey, Florida Keys Luxury Sales, Marathon, Key Colony
(Coco Plum Real Estate, Kelly Willey, FLORIDA KEYS)
Comments 0
Marathon FL Keys Real EstateMarathon FL Keys real estate is a great investment because, hey you get a home in the Florida Keys! Well, you also have the ability to rent it out as a 7 night vacation rental. Don't let all the licensing and regulations bog you down.    Just call Kelly or James Willey...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 11
 Today's blog has nothing to do with real estate except, perhaps, to have a burglar alarm and a warning to homeowners not to do something stupid.  Stupid people often end up on America's Funniest Home Videos or dead. On  a cold gray day in early December 1981 I returned to my Capitol Hill home in...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 3
I received a phone call a couple of days ago from a lady who said she wanted look at such and such address. I then asked her if she had read a blog I wrote about that house. She said yes. I asked the date. She said it did not have a date. I said all of the blogs are dated, but I did not want to d...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 0
Just Listed, but not by me, 1311 Catherine Street, Key West. Long time readers of my little blog may recall seeing the same house featured here four years ago when it was a bank owned property. I took the photo below in 2014 to show the "potential" about which I wrote. That potential was achieved...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 3
Buyers seeking a well maintained primary residence or a second home with monthly vacation rental possibilities should take a look at 606 Truman Avenue #10 at Windward Park. This group of 13 town homes were built in 1988 to reflect the architecture of Old Town Key West but which have all the featu...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 2
The asking price on 711 Georgia Street, Key West, just got reduced to $679,000 making this Meadows Area home an even better value. The listing Realtor describes the home this way:"Priced $25K below recently appraised value this low maintenance, move in ready and ready for your touch. Tucked away ...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 4
Most potential buyers seeking an historic home in Key West will likely be searching for a charming cottage or two story revival style home in Old Town. If they are also shopping by price, they will learn totally renovated properties will be pretty "pricey" and non-renovated places will likely be ...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 3
Just Listed, 527 Margaret Street, Key West. The listing agent describes this beautiful Old Town property this way: "Stunning and Stylish Renovation in this Historic Home, Ideally Located on 500 block of Margaret St, walking distance to so many attractions, Restaurants and Galleries. Remodeled in ...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 2
Just Listed, but not by me, 627 Caroline Street, Key West. This home is located is located a little over one block from the Historic Seaport which was the economic hub of commerce in the 1880s and early 1900s. I searched the Historic Sanborn Fire Maps and determined 627 Caroline Street was built ...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 6
The new listing at 1028 Virginia Street, Key West is located about one block west of White Street. This property is located in the Old Town area known as South of Truman. CLICK HERE for a GOOGLE MAP aerial view of the area. You will understand why the lot is so large - two separate houses were co...

By Gary Thomas
(Preferred Properties Coastal Realty, Inc.)
Comments 5
   Gary Thomas | Realtor | Preferred Properties Key West

Monroe County, FL Real Estate Professionals