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Thursday, July 21, 2011

1517 Washington - east Casa Marina Area - Key West

I wrote about 1517 Washington Street a couple of months back when it was a fresh new listing. It went under contract soon thereafter. The would-be buyer isn't gonna-be. So the property is now back on the market and available once again at the affordable asking price of $425,000. I've shown this property several times since I wrote the initial post. I am now more convinced that this is a super bargain for a buyer looking for a entry level house into a very nice area of Key West. Please read on.

The listing broker describes the property this way:
"This darling two bedroom home is sure to please! It's located on a pretty street within blocks from the beach and old town. A cheerful sun porch entry leads into the main living area. The kitchen opens to an inviting screened porch where one can enjoy the view of the tropical vegetation including fruit trees. The property has beautiful original cuban tile floors and plenty of room for a pool and expansion. Easy to see!"
Living room with original Cuban tile that is in near mint condition

Vintage Florida Room is just a gas!

The basics: 952 sq ft of living space under roof plus a large covered and screen rear patio. The lot is 4698 sq ft ( 50.25'x93.5') with lots of room in front, on both sides and a very large rear area with plenty of room for a pool. Click GOOGLE MAP to view an aerial perspective and then zoom closer for a better view of the area. Use the toggle switch for a street view. Most of the other homes in this area have been enlarged or razed and new homes built. One could do that here, but the house is just fine as it sits. The home was perfectly maintained for decades and I saw no noticeable deferred maintenance.

The house was built in 1963 so it has the architecture of that era. The slanted roof and jalousie windows give this house a distinguished look. Some may not like it, but others will embrace it. Much of the architecture in the Mid Town and New Town areas of Key West have similar features. Some buyers do blow-outs or tear downs and reconfigure and expand the living space. Others prefer to conserve money and fix that which is broken and update that which needs it. When money is tight, some new owners prefer to keep things simple and do low cost improvements rather than big renovation projects. This house could go either way in my opinion. This house has been perfectly maintained and will be just fine if left as is. Serious! It is old Florida. I can imagine how chic this place could look if filled with 50's and 60's vintage furniture. The kitchen, however, has been updated.

CLICK HERE to view a slide show of photos I took of the property. And CLICK HERE to view the Key West mls database for this home. Spend some time looking and I think you will see the value in this house you could easily move in tomorrow.

This house is within a few minute bike ride to Rest Beach and Higg's Beach to the south. Fausto's Food Palace is a couple of blocks to the north. The Island Gym is nearby as are many small eateries and coffee shops. Old Town is a fifteen minute bike ride or less. The airport is about five minutes by car. The three Key West shopping centers are also five to seven minutes on a normal day. And the Key West Dairy Queen is only a few minute walk on a hot summer night.

Higg's Beach as viewed from Salute on the Beach
Rest Beach as depicted in a vintage "Old Florida" post card

Fausto's Food Palace

More locals go here than the bars on Duval Street

If you are interested in buying this house or any other house in Key West, please consider working with me, Gary Thomas, 305-766-2642 or 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.