2521 Fogarty Avenue which is Bank Owned is the exception to my rule. The listing Realtor describes this very affordable three bedroom property with a pool this way:
"Bank Owned. Spacious three bedroom, two bath condo in Mid-Town Key West. Ground level unit has no stairs, private entrance and off street parking. Granite counter tops in kitchen and both baths. Travertine floors in den, kitchen, laundry room and both baths. Carpet in all three bedrooms. Central air & ceiling fans. Washer dryer hookup. All offers must be accompanied by pre-approval or proof of funds letter."This three bedroom two bath condo has 1199 sq ft of living space on one floor. The living room,dining area, and kitchen are open. A center hall on the opposite side leads to the three bedrooms. Two large bedrooms share a very large bathroom. The master bedroom has an en-suite bath. The bedrooms are carpeted and the carpet needs to go. The rest of the rooms have travertine marble floors. All windows and doors and everything on the inside is new. Other than the carpet, I did not notice any deferred maintenance. 2521 Fogarty Avenue is offered at $192,500 or just $161 per sq ft.
I encourage interested buyers to CLICK HERE as well to view photos I took of this property as well as some prior photos when the property was occupied. This property is owned by a local Key West lender. At a price this low and with a property this nice, I think this property will go under contract very quickly. I would not wait on this. Seriously.
There is a shared pool at the rear. It's not very big, but it's very charming. The unit has a large laundry room and an off street parking spot. And the unit has its own outdoor space complete with bricked mini-terrace.
If you would like to see 2521 Fogarty Avenue please call me, Gary Thomas, 305-766-2642. I am a buyer's agent and a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West.