1411 Petronia Street is now offered for just $400,000. This is a short sale. The lender recently approved the price and the buyer decided not to buy. I know this house fairly well. I think this is a great price for a house in Old Town with a pool.
The listing Realtor describes the property this way:
"New price of $400,000 is firm. Renovated 3 bedroom (as per Monroe Co. and Realist tax records), 2 full bath historic eyebrow house in The Meadows. Original Dade County pine floors, walls and ceilings throughout the house. There is a new pool with landscaping and decking in the large yard, which is totally fenced for privacy. This is a potential Short Sale that may be subject to third party approval."In my opinion the present layout of the rooms is not as efficient as it could. One bedroom is fairly small, one is in an odd location, and the third bedroom is located just fine on the second floor. (It has a really cute front porch of the second floor bedroom.) The living room is nice and large but the kitchen is small. The kitchen and the downstairs bath are on the north side of the house. The deck and pool are located just north of the kitchen and bathroom so there are no inside views of the pool or garden. Some new owner might want to move things around a bit. But things have "worked" okay for previous owners.
I included a couple of photos of Petronia Street. This is a nice and quite street just a couple of blocks east of White Street. Duval Street and Bayview Park are within walking distance although Duval is further away.
The large pool, tropical foliage, and great location (coupled with the price of just $400,000) make this house a great buy at that price. This house ought to sell within a few days now that the price has hit rock bottom. Take advantage of this great deal today.
CLICK HERE to checkout the mls listing information on this property and to view photos 0f 1411 Petronia. For comparison purposes I created a list of other houses for sale in Key West priced at or under $400,000. CLICK HERE to compare 1411 Petronia Street with those houses. Better yet, please call me, Gary Thomas, 305-766-2642 to schedule a showing. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West, Florida.