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Wednesday, October 20, 2010

1800 Atlantic Condominium - Bank Owned - Key West Waterfront

Just listed, but not by me, 1800 Atlantic Condominium Unit No. B 218. This Bank Owned unit should sell very quickly based on the asking price of just $289,500.

The listing agent describes this unit this way:
"Located On The Courtyard With A Partial Ocean View This Unit Offers An Expanded Floor Plan With The Opportunity To Refinish To Your Tastes. It Also Features Aluminum Accordion Hurricane Shutters And Pull-in Garage Parking. 1800 Atlantic Offers Owners An Ocean Side Heated Olympic Size Pool, Hot Tub, Covered Grilling Areas, 3 Lighted Tennis Courts And 24 Hour Security."
This unit is located in the "B" building, the one that bridges the span between the "A" building that abuts the mangroves and the "C" building that is next to Bertha Street as it winds its way to Smathers Beach and the Key West International Airport. This unit is larger than nearly all of the units in buildings A and C which are typically 1357 sq ft. Unit B 218 is 1469 sq ft and has a full view of the beautiful tropical courtyard and the pool and ocean beyond.

Tropical Courtyard at 1800 Atlantic Condominiums

The huge pool, private beach, and ocean beyond

CLICK HERE to checkout the mls listing datasheet and photos. Note the nice way someone removed fixtures and made some gaping holes in the walls. I'll bet the condition figured into the pricing of this unit which is offered at only $289,500. I feel the need to repeat the asking price because it is very low. The unit is 24 years old. It is time for an update.
1800 Atlantic has its own private beach, but I must admit you would probably prefer to swim in the huge pool or take a dip in the giant spa. There are three tennis courts, a hidden and surprisingly beautiful interior courtyard, and covered parking with additional storage. Oh, Smathers Beach is located directly across the street from 1800 Atlantic.

Smathers Beach as seen thru rose colored glasses

1800 Atlantic Condominiums have a great reputation. Guests return year after year because they know exactly what to expect. The love the ocean, the huge Olympic pool, three tennis courts, and proximity to Smathers Beach. The condos are close enough to town to bike but far from the madding crowd when distance is held dear.

If you would like to see this unit, please call me, Gary Thomas, 305-766-2642. I am a full time Realtor at Preferred Properties Coastal Realty,Inc. in Key West. This unit probably will not be on the market very long at this price.


flipper said...

Looks like good value to me but I have to wonder why the listing agent wouldn't include a couple of pics from the balcony to show the view. Common sense I would think.

Anonymous said...

I haven't seen a condo at 1800 listed this low in 10 years. And why do people have to destroy something they used to love?

Gary Thomas said...

I agree with Flipper on the courtyard view photo. It would be helpful.

And I agree about destroying something you once loved. Taking an old stove or punching a hole in a wall proves nothing other than you have issues.



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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.