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Tuesday, February 7, 2012

407-409 Petronia Street - Tranisent Licensed - Short Sale - Key West

407-409 Petronia Street - Old Town - Key West

Just listed, but not by me, 407-409 Petronia Street in Old Town Key West. This listing will surely attract a lot of potential buyers because it has many of the items on most potential buyers' wish list including: Old Town Location; Valuable Transient License, a Pool, Off Street Parking (for 2 cars), and it is a Short Sale Priced to Sell Quickly. The listing Realtor describes the property this way:
"Key Lime Calypso is the name of this income producing (transient licensed) 2/1 Conch Cottage with over 13 Ft. high ceilings! The combined LR, DR, & kitchen have french doors leading to the huge private/fenced lot with oversized swimming pool. The house is on one lot (409 Petronia St.) with gated off street parking for 2+ cars and the lot (407 Petronia St.) extends beyond the privacy fences to make up a total of 6,229 sq. ft. of land which backs up to The Bourbon St.Complex. Extensive brick patios and walkways all around the huge pool makes this a hidden secret. This is a short-sale and requires 48 hour notice to show."

The two bedroom/one bath cottage has 761 square feet of living space that sits behind a white picket fence with gated driveway just steps from Duval Street. The lot backs onto the Bourbon Street Pub complex which fronts on Duval Street. The 400 block of Petronia Street is a mix of mostly commercial businesses and some small condos. Neither you nor your friends or guests will ever have a hard time finding the place, just tell them that it is located next door to Better Than Sex and they can find their way home.

Better Than Sex is located next door...

I mentioned 407-409 Petronia Street has a pool. Well, it's not one of those tiny little pretend pools that some rentals have: it is a real pool bathed in sun and by tropical foliage with brick pavers and decking. Guests want to go back home with a Key West tan and they can get one here.

Day or Night, the location is near where returning guests want to be

Guests will love the location because it is convenient to just about everything tourists and seasoned returning guests want to see or do. Ft. Zach Taylor Beach is an easy hike. Mallory Square, where most first time visitors and returning guests celebrate sunset, is a convenient walk. Many of the attractions first time sightseers visit are located within a few blocks of the property. And, of course, the great restaurants and nightspots are nearby.

407-409 Petronia Street is offered at the short sale asking price of $640,000. The house was built new in 1982. The prior building at this location was the Hi-Hat Cafe. If you would like to see this house or any other property in Key West, please call me, Gary Thomas, 305-766-2642. I am a buyers agent and a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West, Florida.

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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.