If you are a local Key West resident or if you are hoping to here to live full time and aren't a member of the lucky buyers that have uber dollars, the new Bank Owned family home at 2533 Patterson Avenue in Key West just might interest you. In the words of the listing Realtor, not me, read about this new Key West property:
"Beautiful quiet residential neighborhood. Fantastic square footage for the price. This Bank Owned Key West property would make a great purchase for a first time home buyer or investment property. Beautiful French doors allow for great natural light. No Appliances included."
This house was built new and completed in 2005. It was not damaged by Wilma. The house has 1944 sq ft of living space on two floors. Inside you will find a large living room with adjacent fourth bedroom (or office or den) plus a large dining room and generous kitchen (and even a separate laundry room) at the rear. Upstairs the master suite occupies the front half of the home. There is an en suite bath with two vanities plus separate shower and bath. The master suite opens onto the second floor deck where you can catch the breezes and they flow across the island. Two more good sized bedrooms, each with its own en suite bath complete the second floor. No dinky little pretend rooms in this home. As your kids grow up, you won't need to find a new place to move.
The lot is a generous 5,000 sq ft (50'x100'). The yard is sodded, but there is no actual landscaping. There is a privacy on the west and north sides. A new owner will likely add a fence in the front and on the west side to provide privacy for the back yard where I would add big pool. The back yard is very large and is aching for a pool where the kids can have fun in the Key West sun.
The house has two tiered porches on the front and a rear porch overlooking the area where the pool could be added. The siding is in great shape and the trim appears in equally good condition. The house has the necessary storm shutters and ought to qualify for maximum windstorm mitigation credits. (I don't sell insurance so please don't ask how much it will cost to insure this puppy.)
The best thing about this Bank Owned property is its price - $328,680 or just $168 per sq ft. That is less than the cost of a building lot in the Old Town or Casa Marina area. And the new owner gets to breath the same wonderful air and enjoy the wonderful year around climate as the folks who have to pay so much more to live in Paradise. CLICK HERE to view the Key West mls data sheet which has some excellent listing photos. I took more photos which you can see if you CLICK HERE.
If you would like to see this home 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 sunny Key West, Florida.