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Monday, October 28, 2013

3221 Pearl Avenue - Key West Short Sale


3221 Pearl Avenue which is located in the New Town area of Key West is now a Short Sale with the asking price of $259,000 or $251 per sq ft for this 2/2 town home with 1030 sq ft of upgraded living space. The listing Realtor describes this property as an:
"Tropical oasis behind this fenced brick paved totally private yard with slate Koi pond, covered patio,orchid house and built in gas grill cook area w/phone and electric lines.Totally unique conversion of open upstairs area. Kitchen with all the bells and whistles, top of the line appliances."
I just did an mls search of the least expensive single family, town homes, and condos on a per sq ft basis. This property came in second to the least expensive home in Key West, but it offers more value in my opinion than its closest competitor. When you first arrive at the property you notice this property has a singularly attractive privacy fence with an attached carport. It's the only one like that. After you pass the private entry gate you become enveloped in the private garden that includes a KOI pond, trellised dining area, an orchid garden, and a separate grilling area. A spa is located on the deck just off the kitchen and living room areas.
Upon entering the home you notice that the current owner has a fondness for dark colors. The photos I took do not do the house justice. The rooms are quite large but do not photograph very well. I do believe the house would appear more attractive if the walls were painted a neutral color. But that is just an opinion, and it is something a new owner could easily change.  
The kitchen has high end stainless steel appliances, granite counter tops and beautiful cabinets.
Although the mls describes the house as having two bedrooms, one of the walls was removed so that the house is currently configured as having a very large master suite that includes the second bedroom which is used as a sitting area. Both the sleeping and sitting area have doors that open out to the second floor balcony that is perfect for sunning. 
Although this property is classified as a town home, there is no home owners association. Owners share a common wall only. As an owner you will be responsible for all maintenance, insurance, taxes, etc. This unit shares party walls with three attached town homes but each owner is responsible for his or hers  or their individual properties.

3221 Pearl Avenue is now a Short Sale which is offered for sale at $259,000. CLICK HERE to view the Key West mls datasheet and listing photos. I took more photos which you can view at CLICK HERE.  Better than looking on the internet, please call me, Gary Thomas, 305-766-2642 to arrange a showing of this affordable Key West property. I am a buyers agent and a full time Realtor at Preferred Properties.

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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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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.