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Friday, September 30, 2011

Bank Owned - Old Town - Key West

Entry to 213 Truman Avenue #C

213 Truman Avenue #C is Bank Owned

The very cute little house at 213 Truman Avenue #C sits to the rear of the white picket fence in a compound of four Key West houses that share a simple gated pathway. 213 Truman Avenue #C was built new in 2007. Now it is Bank Owned and looking for new owners. The listing Realtor describes this little charmer like this:
"Brand new in 2007. The home is in great condition. Two bdrms and two full baths up. 1/2 bath down with open kitchen/living area opening to a wonderful large private deck. Wood floors through out. Central a/c. This home is located in a compound of 4 single family. REO property. Offers responded to within 24 to 48 hours homes."
The house sits at the rear of a four unit compound. This property is the largest of the four units, and it is the only two bedroom unit. Each house is owned in fee simple (owner owns the house and land upon which the house is located. They share only a common walkway.) The three other units are one bedroom homes with approximately 580 sq ft of living space in each unit. The houses are basically arranged two up front and two to the rear. This property sits at the left rear. The neighbor to the rear is the Hutchinson Lane Compound, a compound of four Old Key West houses that share a combined common area. CLICK HERE to view the Key West mls datasheet and to view the listing photos.

213 Truman #C has 1083 sq ft of living space. The living space on the main floor is very open. There are windows on either side and French doors at the rear which gives the living space an open feeling. The two bedrooms are located on the second floor. The front bedroom has an en-suite bath and large walk-in closet. The second bedroom is located at the rear. It has a separate full bath. Both bedrooms have dramatic vaulted ceilings as you can see if you CLICK HERE and to view a small slide show of this property. There are nice views from the windows on the second floor.

The rear deck is large and spacious. The neighbors to the rear are further removed from the property than the photo below shows. This is a nice sized outdoor private space with plenty of room and lots of sunshine. Having outdoor space is one of the main reasons people buy a place in Key West. Imagine what you could do with this space.

213 Truman #C is offered for sale at just $329,900. That is just $305 per sq ft for new construction-not remodeled. If this house were located on the east side of Duval Street it would be priced much higher. You know that and I know that. If you are looking for a bargain in a Bank Owned property, this may be the place you have been looking for. Please call me, Gary Thomas, 305-766-2642 to schedule a showing of this great 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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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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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.