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Wednesday, July 28, 2010

Welcome to Paradise - Old Town - Key West


The asking price on the charming three bedroom (and three bath) home at 413 Frances Street was recently reduced to $850,000. The home is offered furnished. The original price was $1, 250,000. The listing Realtor describes the property this way:
"Price Reduced!! Fully Furnished Historic Home: Frances House is a beautiful, tropically landscaped, designer decorated, turn of the century 3 bedroom 3 bath Conch home located in the heart of Old Town Key West. Careful care was taken of this full renovation winning a historic preservation award from the Historic Florida Keys Foundation. Frances House is extremely well appointed with locally built, hand crafted, custom island style furnishings. This is a great income producing property that has an excellent history as a monthly vacation rental. Price includes a website and all furnishings. Heated pool with waterfall, Off-street parking for 2 cars, Granite counters, Stainless appliances, Hardwood floors, Storm shutters, Sun deck/patio."
When you enter the front doorway your eyes are immediately drawn to the Dade County Pine walls and stairway to the second floor by the sign over the stairway entrance that reads "Welcome To Paradise". This house is the embodiment of what would-be home buyers dream of in a Key West house. The Dade County Pine is a given. The almost rustic appearance is intentional. The lack of some finishes was an artistic choice and not an excuse to finish something. (The owner has meticulous records of all the remodeling work that was done that will convey to the new owner. ) This house has what discerning second home buyers want: lots of charm, off street parking (for two cars), a pool, and nothing that needs fixed. That's almost Paradise in itself. CLICK HERE to read the mls listing details and to view more photos of this home.

The main floor has the entry hall with living room and dining room on the right side of the house. A full bath is on this level as is the kitchen with center island. A full bedroom is located at the back of the house. It has French doors that open out onto the pool area. The downstairs living space would be great for a buyer that wants all the Key West charm but who doesn't want to have to climb stairs to go to bed. Upstairs there are two very good sized bedrooms and full bathrooms. CLICK HERE to see photos I took of the interior.



This home would make a great vacation rental. In fact it has been used that way for the past couple of years. The location is near the Historic Key West Seaport. Duval Street is a five to seven minute walk. The Old Town Bakery is a block away. Blossoms Market is a block away down Elgin Lane.

Please give me, Gary Thomas, a call at 305-766-2642 if you would like to see this house or any other home in Key West. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West. If you play your cards right that "Welcome to Paradise" sign will be hanging in your entry hall very soon.

6 comments:

Anonymous said...

A great, well-priced (now) home in Old Town! This one should go fairly fast at this price. IMHO

Anonymous said...

Still a tad overpriced for this time of year. I can not see it selling during the summer hurricane months - should have waited will October to put this one on the market. It will be stale by the time season hits. IMHO

Anonymous said...

I think this is a great-looking house. We're looking for a home in Key West and this is within our budget but not the right one. Too bad there aren't more nice houses in the $750k to $1 million range on the market right now.

Anonymous said...

Nice even with parking and rental income but needs a bigger pool.

Gary Thomas said...

If you want a big pool go to Dante's and swim with the big boys and girls. Lots to look at and have fun as well.
Gary

Anonymous said...

Dante's? As in Inferno? Oh my...such debauchery on the island. Thank you very much but I would prefer to stare at my partner in the pool...now that is enough to set it a fire!

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Gary Thomas in a Nutshell

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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.