Attention Bargain Hunters: 217 Truman Avenue in Old Town Key West may be the answer to your quest. I have shown this property several times and really think they buyer who purchases this house is going to get a real bargain.
The current owner did a superior job in renovating this property. Just about everything inside and much of the outside is new within the past five years. I have been inside a lot of renovated properties in all price ranges. This is real deal at this price. The 1022 sq ft house sits on a tight 19' x 100' lot two blocks west of Duval Street. The public records show the owner purchased the property in 2005 for $475,000 and then took out building permits totaling $173,570 to do the renovation. Total investment of record is $648,570. The asking price today on this Short Sale property is $349,000. The listing Realtor describes the property this way:
"This charming Key West home was renovated in 2006. Upgrades include new kitchen with granite counter tops and stainless steel appliances. French doors lead out to the private pool and waterfall. Spiral staircase takes you to the upstairs bedroom with balcony view of the pool area. This is a potential short sale transaction subject to lender approval."The floor plan provides a very efficient use of space. The front door opens to a left hand hallway that takes you to mid point in the house. The first room on the right upon entry is a bedroom or study depending on your needs. Two large pocket doors with etched glass panels provide an unexpected novel entry and privacy. The adjacent bath can be entered from a door in the bedroom or the hallway. This allows guests to use the bath without going through the bedroom.
The living area is at the back which has a wall of French doors that open out to the deck, pool with waterfall, and the garden. The pool area is larger than many in the heart of Old Town! The new kitchen in located in the heart of the house (the center, of course). A black iron spiral staircase leads to the second floor bedroom and bath. This space is very comfortable and usable. A set of French doors at the north end of the bedroom open to a Romeo & Juliet balcony that overlooks the heated pool and garden below. The neighbor to the rear is a compound of four homes located at the end of Hutchinson Lane. The view from the balcony is very serene in all directions.
217 Truman Avenue is priced at just $349,000.
Please call me, Gary Thomas, 305-766-2642 to show this home. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West, Florida. Your bargain quest may be over.