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Friday, February 19, 2010

1115 South Street - Casa Marina Area - Key West

The house at 1115 South Street in the Casa Marina Area just had a price reduction to $875,000 or $465 per sq ft. This house was built in 1981. It has two bedrooms, two baths, a very large and open living room. The kitchen is "to-die-for". There are three distinct outdoor areas including a really nice pool. The listing Realtor describes this property this way:
"This house has been beautifully renovated with easy island living in mind. The first floor is open with living/dining and outstanding cook's kitchen and custom burled maple cabinetry, granite countertops and Viking and Bosch appliances and Brazilian cherry floors throughout. Upstairs are two bedrooms, a beautiful bath and an enormous walk-in attic space that easily could be finished for a third bedroom, studio, etc. Ipe decks surround the heated swimming pool and separate spa. There's outdoor dining through French doors and large tropical plantings all around. Old Chicago bricks cover the off street parking area."
This property was originally priced at $1,285,000 and has been gradually reduced to the current asking price. I have shown this house several times. That is why I am writing about it today. This is a very good value at this price, Dear Readers. I am expressing an opinion so please accept it as such. The layout and access of the second bedroom put off some potential buyers that I had. We looked at this house a couple of times and my buyers ultimately settled on another property. But the house was priced much higher at that time. There is more than ample room to reconfigure the second bedroom and now the price makes a cosmetic remodel more reasonable.

CLICK HERE to read more details on this house and to view interior and exterior photos. I may be wrong, but I think this house will sell very quickly now. This is a lot of house for the asking price. Especially in this area. MAP

I live a couple blocks away from this house. Not that I am prejudice, but this is a great part of town. This house is close to everything, but not located right in the middle of it. The Atlantic Ocean is a four or five blocks to the south, Old Town is a ten minute bike ride, and the White Street arts district is a five minute walk to the north.

Please call me, Gary Thomas, 305-766-2642 or email me at, if you would like more information or to schedule a showing of this really nice home. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West, Florida.

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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.