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Wednesday, May 11, 2011

1216 Catherine Street - Short Sale - Key West

1216 Catherine Street - Key West - Short Sale

Bargain hunters looking for a nice house at an affordable house in Key West ought to consider the Short Sale at 1216 Catherine Street. The listing Realtor describes this renovated two bedroom with 2 1/2 baths this way:
"A Grand Restoration of an Historic Conch Home with an Attention to Detail. The Kitchen is Finished with Stainless Steel Appliances and Granite Countertops, Beautifully Restored Dade County Pine finishes Throughout. Pool with Waterfall in the backyard surrounded by a Lush Tropical Landscape and a Pool House nearby for Storage with Many Potential Uses. This Home is in a Great Location, Just Steps from White Streets Shopping and Art Galleries. A Short Distance from All of Key West has to Offer."

The house has 1440 sq ft of living space and sits on a 29' x 88' lot just east of White Street in the Arts & Deco District of Key West. Click the GOOGLE MAP to view the aerial and street views. You will note the house is located near the Island Gym, a real estate office, a doctors office, a car wash, and many nearby restaurants, galleries, gas stations and government offices. There is a small assisted living complex across the street. More than anything, I think the location is driving this short sale (see photo below). The area is not bad. But it isn't what most second home buyers dream of owning. Potential primary home buyers may dismiss considering it as well because of the nearby commercial activity. If some or all of the above issues bother you as a buyer, stop reading. But if you are open to compromising your wish list to get a good price on a nice house, read on.

Assisted living located across from 1216 Catherine Street - Island Gym is on the corner

CLICK HERE to checkout the Key West mls database on this house which is offered at $599,000 or $415.87 per sq ft. The photos below show the pool and part of the interior of this house.

Bricked pathway around the house and back to pool

This is a house definitely worth taking a look at, even if only for price comparison purposes. If you are looking for a Key West house with a pool; off street parking, and a picture perfect facade, you might just want to call me, Gary Thomas, 305-766-2642 to arrange a showing of this property. I am a buyer's agent and 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.