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Thursday, March 7, 2013

522 DuPont Lane # 1 - Key West - Transient Licensed Single Family Home

Just listed by Preferred Properties, that's where I work but this is not my listing, 522 DuPont Lane #1 in Old Town Key West.  If you have been dreaming of buying a place in Key West that you could rent when you are not using the property, this home may be the answer to your dreams.  The listing Realtor describes the property this way:
"TRANSIENT LICENSE! One half block from Duval Street with PARKING and a great pool and outdoor dining pavilion. There is one bedroom downstairs with an en suite bath and there is also a half bath downstairs. The living room has two pairs of French doors opening to the pool and deck. Upstairs are two bedrooms with en suite baths, vaulted ceilings and appealing balconies."

522 DuPont Lane is located at the end of what used to be called Titanic Lane.  The lane is located about 120 feet east of Duval Street on Petronia Street. It is the proximity to Duval Street that makes this property so appealing to returning visitors to Key West who want to be near all that Old Town has to offer.
 The property is completely gated and fenced. The two story house has 1568 sq ft of living space that includes three bedrooms, three baths plus a half bath, large living area with French doors that open out to the pool and deck. The pool is surrounded by tropical plants bathed in color French doors int he living room and bedroom open onto the courtyard. There is a separate poolside pavilion for alfresco dining.  And there is off street parking (adjacent).
 CLICK HERE to view the Key West mls datasheet and to view listing photos  This property may not be toured until March 15th.  But don't let that prevent you to consider purchasing this money maker.  This property has a valuable transient rental license and can be legally rented on a daily basis to a different vacation traveller every day of the year. That's not practical, but it is important to understand that this property can provide a steady income stream to you as an investor. There is one drawback to owning a property like this: you can't use it as often as you want because when you use it, you are not making as much money as you could.  What a darned plight to have!

If you would like more information on this house or if you would like to see it as soon as we can get inside, please contact me, Gary Thomas, 305-766-2642 or send me an email at I am a buyers agent and a full time Realtor at Preferred Properties Key West.  Let me help you fulfill your dream of owning a home in Key West.

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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.