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Tuesday, February 15, 2011

1501 Olivia Street - The Meadows Area - Key West

Just listed, but not by me, 1501 Olivia Street in Key West. The listing Realtor describes the home like this:
"The Meadows Corner Lot Historic Beauty. Distinctive Historic Residence At The Quiet Intersection Of Olivia And Pearl Streets. Wrap-around Front Porch With Gingerbread Architecture. Off-street Parking. Nearly 2000 Living Sqft On 4800 Sqft Corner Lot. Opportunities For Updating, Great Bones. Wood Floors. Heart Shaped Pool And New Landscaping Provide A Very Private Setting. Historic In Every Way."
The Monroe County Property Appraiser says this house was built circa 1906. It has an understated beauty that transcends the decades. I found the photo below taken in 1965.

1501 Olivia Street as it appeared in 1965

Same house but a different view in 2006

Same location in 2007

And the way it appears in 2011

The four bedroom two bath house has 1948 square feet of living space on two floors plus that incredible 443 sq ft wrap-around porch. The lot is relatively large for the Old Town area (64' x 75' or 4790 sq ft). That may not seem large compared to lot sizes up north, but it is larger than normal in the Old Town area. The current owner bought this house in 2007 and added a pool and air conditioning plus upgraded electric and plumbing. The asking price is just $700,000 (or $359 per sq ft). That, dear readers, is a lot of house for the money.

This home is owned by the same owner that has the adorable cottage I wrote about last week that I affectionately called The Love Shack. That place is just too cute for words. It's small and would make a great guest cottage for the main house. (Methinks that is why it was purchased at the same time by the current owner.) Both properties are offered for less than the original purchase price. There is no mortgage so this is not a forced sale.

If you are looking a for a big house or a little house or both, please contact me, Gary Thomas, 305-766-2642 to arrange a showing of either house. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West.

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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.