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Thursday, September 1, 2011

You Could've Done That - But You Didn't!

1124 Eaton Street as it appeared in July 2010 when it was Bank Owned
1124 Eaton Street in September 2011 now privately owned and renovated

I wrote about the little house located near the busy corner of White and Eaton Streets and across the street from Strunk Ace Hardware and Manley deBoer Lumber. CLICK HERE to read what I wrote about the little house when it was Bank Owned and offered for sale at just $158,400. I had several potential buyers call me or email me on this house. I told them they needed to act quickly because the price was so low that someone would grab it up right away. I remember one guy asking me how much lower he could bid to get the property. I told him it would likely sell for more than the asking price. It did. 1124 Eaton Street was on the market only 3 days and sold for $175,000 or $16,600 over the asking price.

I have been watching progress on the house and noticed that it is nearly complete. The landscaping has not been installed yet. Otherwise, the place looks just great. When I blogged about the house I suggested:
The house is bigger on the inside than it appears from the outside. Or so it seemed to me. I have no idea as to the condition of the plumbing, electrical, or anything else except I can say without equivocation the house needs tented. Termites have worked their way around this house over many years. The place needs HARC approved windows and door installed. The outside needs scraped, cleaned, and a new coat of paint applied. The roof should probably be replaced and with HARC's approval, the ugly lean-to carport replaced with something a little more suitable. I would add brick pavers and some landscaping and re do the front porch.
My suggestions were the kinds of things most owners would have done. This owner chose a simple color pallet and didn't do anything goofy. The result is understated elegance.

If you are considering buying a little place in Key West, CLICK HERE to search the Key West Association of Realtors mls database. No names, passwords, or personal information is required. If you see something you like, please consider contacting me, Gary Thomas, 305-766-2642 or by email at I am a buyer's agent and a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West. Don't end up regretting the things you could've done in life but didn't.


Anonymous said...

Gary, It is great to see an old home come back!

Anonymous said...

Very nice job on this one! Gary, you should blog about the project taking shape at Waddell and Reynolds... the contractor's sign went up this week and he's worked on some of the most beautiful homes in town. It's sure to be an exciting project to watch take shape on one of the last open lots in Casa Marina!

Gary Thomas said...

I wrote about the property at Waddell and Reynolds when the lot was for sale. I am anxious to see what gets built.

I had some buyers in town several weeks ago. They were watching a HARC meeting when the house planned for this lot was discussed. My buyer was shocked by the HARC meeting. He said the HARC members were fussing over allowing a fireplace. One of the very best architects in town did the plans on the house and he knows what is permissible by code and HARC guidelines. I can't figure out how something so simple could have gotten so confusing. I have seen the trucks on the ground this past week so I guess whatever got HARC a-twitter is okay now.


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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.