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Tuesday, August 18, 2009

622 William Street - Old Town - Key West - Short Sale

Here is a great property to keep your eyes on. 622 William Street is located on one of the very best blocks in all of Old Town Key West. And it is now a short sale. I think it is aggressively priced to sell at $750,000 or $538 per sq ft. CLICK HERE to read the mls listing data and view photos of the interior and that pool!

The listing Realtor describes the listing this way:
"This Charming Property Was Lovingly Restored A Number Of Years Ago To Include The Historic Conch Home And Two Pool Houses. The Main Home Has Natural Dade County Pine Walls And Ceilings And Tile Or Wood Floors Throughout With A Master Bedroom Upstairs."

I showed this home about six weeks ago. The interior walls and ceilings are natural and unpainted Dade County Pine. The home has a rich and warm old feeling about it. It has not been all gentrified and slicked up. The kitchen is at the rear and overlooks that wonderful pool in the foreground and the two separate cottages at the rear. Some buyer that just insists on putting in a new kitchen could do it here, but the existing kitchen works just fine.

(I had an inspection on another house on Friday. The certified home inspector commented that the kitchen was old. It is the same age at 622 William Street. Even inspectors are getting critical of this 15 or 16 years old. Perhaps it is time for a new City of Key West Commission whose sole purpose would be to save kitchens!)

To me dealing with the interior of 622 William Street is a no brainer. A new buyer could gut and paint and whatever else he or she or the decorator decides. It is the rear area with the pool and two cottages that make this Old Town home such a buying opportunity. The photos in the mls listing CLICK HERE show the pool area and cottages from several angles. We Key Westers spend so much of our lives outside. This space is just wonderful as is, but a new owner could just as easily go native and do a total renovation on this outdoor space.

There is a spiral stairway between the cottages at the rear that leads to the tree house type sundeck. What a great feature. This is what buyers want. Something so damned precious and unique. And what a place to get an all-over tan.

622 William Street is a short sale. It is in my opinion a buying opportunity. You cannot beat the location. Jerry Herman of Hello Dolly fame redid the house next door CLICK HERE to the south several years ago. And the late Shel Silverstein lived next door CLICK HERE to the north. This particular block has some of the finest homes in Key West. There is a mix of large conch homes and smaller cottages with a mix of medium sized homes added.622 William Street is one block from the top of Solares Hill. The location is close to the Historic Key West Seaport and all of the attractions of Duval Street, but it is far enough away not to be part of the hoopla. This is a real residential neighborhood--accept for the little corner grocery store at the end of the street. That means you are never too far from a con leche, a gallon of milk, or a loaf of bread.

Some lucky person is going to own this great property. If you are looking for a special place in Old Town Key West you owe it to yourself to see 622 William Street. Please call me, Gary Thomas, 305-766-2642 to set up a showing for you.


Anonymous said...

Seems a little dark to me... would you have to get permission from the tree commission before cutting down some of the vegetation?

Gary Thomas said...

A homeowner can do regular tree maintenance and trim up to 30% of a tree each year. (Pretty sure that is correct as to percentage.)
Certain tree types are protected and Tree Commission approval would be required to remove a tree on the protected list. But trees not on the list can be removed.

You are correct about the house looking a little dark. A new homeowner can do a lot of things to brighten any house up.



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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.