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Tuesday, September 6, 2011

905 White Street #1 - Transient Licensed Condo - Short Sale - Key West


The listing Realtor for the just listed transient licensed one bedroom condominium at 905 White Street (Unit #1) describes the unit like this:
"This beautifully remodeled condominium is located centrally to all that Key West has to offer. Within walking distance to the galleries of White Street and just a few short blocks to Duval Street, this transient rental is perfect for your vacation home. The impeccable landscaping and small association (only 5 units here!) coupled with a fantastic property management program are key to continued rental success. This one bedroom unit has one bathroom, kitchen, washer/dryer, sleep sofa for extra guests and a rocking chair front porch for people watching. There is also a shared pool and common courtyard. The picket fence completes this Old Town classic! This is a short sale that requires lender approval."
905 White Street #1 Key West

I took the photo of the front porch last Saturday. I guess a cat burglar removed the rocking chair, but the bistro table is ready for action. What a great place to sit and watch Key West come alive right after dawn and go to sleep late at night. The unit itself is quite inviting. The large combined living and kitchen area is user friendly. Dade County Pine walls and rich new wood floors give the space a very crisp look. The bedroom is located in the middle of the unit just off the side hallway that leads to the large bathroom at the rear. The shower is beautifully tiled and large enough for doubles scrubbing to eliminate unnecessary water waste among other things.

905 White Street (photo from 1965) was built circa 1890 according to the Monroe County Property Appraiser

905 White Street in 2005

Two revival style Conch houses were renovated a few years back and later condominiumized into five units. Notice the second level "bridge" between the two houses. That bridge exists today and provides access to the upper level units. Today a white picket fence separateS the building from the sidewalk. The front gardens welcome owners and guests to the property. A bricked walkway between the buildings leads to the pool and garden area that is shared by the five units. All of the units have transient licenses and all units are actively rented. Of course owners use their units as well. That's part of the reason to buy a place like this: have a place to call your own and have others help pay for it. This unit is offered as a short sale at the asking price of $299,000. CLICK HERE to view the Key West mls database and to see more photos of this unit.

If you are looking for an affordable Key West getaway place that has a transient license an does not need any work, you may want to take a look at this great little property. 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.

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The information on this site is for discussion purposes only. Under no circumstances does this information constitute a recommendation to buy or sell securities, assets, real estate, or otherwise. Information has not been verified, is not guaranteed, and is subject to change.

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Gary Thomas in a Nutshell

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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.