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Monday, October 20, 2008

730 Southard Street - Historic Key West Landmark






Just Listed (but not by me) 730 Southard Street an historic Key West Landmark.
the listing Realtor describes the property this way: "Here in the heart of Old Town Key West sits this jewel of an original Conch home built in the 1800's waiting for your special touch. The widows walk was once used by the original owners to watch wrecking vessels come into Key West bight. The history behind this home spans several generations of just one family. The rooms are large, the ceilings are high and everything is original in this 2 story home including Dade County pine throughout. There's a standup attic running the entire length with accesses from the second floor landing and master bedroom and the over sized corner lot sits in a prime location of historic Old Town."

This house sits at the corner of William and Southard Street right smack dab in the middle of Old Town. So you could not ask for a better location. The lot is huge and measures 100' X 68'.53" or 6853 sq ft. That is huge for Old Town. The house is equally large. The listing Realtor says the house is 2838 sq ft. The house has 4 bedrooms, 2 baths, a garage. an incedible facade and a widos walk. One of the photos to the right shows the view from the widows walk. CLICK HERE for more information and additional photos of the house.


The asking price on this house is $2,990,000 or $1,054 per sq ft. That's pretty high for this market, especially since the house is a virgin. It was in the same family since it was built and there is only one building permit of record in the County Appraiser's records. The house is pretty much just as it was when it was built expect for the updated appliances in the kitchen. (Look at the pics.) Of course, there is another even more expensive virgin on the market at 616 Eaton. I wrote about it on September 3 when it was listed for $5.5 million.

Maybe back in 2004 or 2005 when people were throwing money away someone would have paid the very high asking price on either of these great properties. I think it is going to be a real hard sell in this market. But don't let my pessimism dissuade you from looking--if you have the money to make a deal like this happen. I'd be delighted to show it to you. I did speak to the recently departed owner one day in October two years ago. We stood on the front porch pictured to the right and she told me stories of her growing up in the house and the way Key West used to be.

If you are looking for a place in Key West that is a a little less expensive, please call me, Gary Thomas, 305-766-2642 or e-mail me at kw1101v@aol.com. Prices on most properties are at historic lows so I think now is a great time to buy bargain priced properties. CLICK HERE to search the Key West mls database and then call me.

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The information on this site is for discussion purposes only. Under no circumstances does this information constitute a recommendation to buy or sell securities, assets, real estate, or otherwise. Information has not been verified, is not guaranteed, and is subject to change.

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Key West, Florida, United States
I first read about Key West in a magazine called "After Dark" sometime in the mid 1970's. But it wasn't until March 1984 that I made my first visit to the island that would become my home. I had two weeks for a vacation and reserved a room at Colours Guesthouse (now Marrero's Guest House) for one week. I thought that if I didn't like Key West, I could always go back to Miami or Ft. Lauderdale for the rest of my trip. But after a couple of days in Key West, that was no longer a consideration. But when I wanted to extend my stay for the extra week I found there was no room at the inn. The guesthouse owner did find me a room at LaTeDa, the infamous guesthouse/restaurant. That's a story I'll write another day. But those two weeks in Key West gave me the realization that I had found Paradise. Key West has been my home since 1993 and my only regret is that it took me so long to get here. I am a full time Realtor at Preferred Properties CRI. Let me help you find your new home or business in Paradise. Living in Paradise is not a slogan, it's a way of life.