The listing Realtor describes the property this way: "Fantastic renovation project atop Solares Hill. Two bedrooms with one bath and large laundry room. Intimate garden space with room for entertaining." Let me elaborate. First let's discuss the location. Solares Hill is the highest point on the Island of Key West. That means the homeowner will not need to purchase flood insurance if he or she or they have a mortgage. Second, the 600 block of Elizabeth Street is located just two blocks from Duval Street and three blocks from the Historic Key West Seaport. A new owner who might want to rent the house as an occasional vacation rental would find this an excellent location because of its proximity to popular attractions but also because it is far enough away not to hear all of the hullabaloo.
The house as it currently exists has two bedrooms, one bath, two rooms that serves as living areas, and a large kitchen. The spaces are very clean but not really what new homeowners expect in Key West house. That is why I think this property is best suited as a renovation project. Here is what I would do. First I would seek HARC (Historic Architectural Review Commission) approval to remove the 1950s concrete addition that replaced the ordinal wood front porch. I'd replicate the front porch on the house next door. I realize people shudder at the thought of getting rid of an existing space. That space as it currently exists adds nothing to the house in my opinion. A new front porch would tremendously enhance the look and thereby the value of this home.After all work is done I would add a white picket fence and minimal landscaping so you could see the house and so that the occupants could sit on the front porch and watch all the jealous tourists walk by.
|The Enclosed Front Porch as it Currently Exists|
It looks to me like the interior of the house was modernized in the 1950s of early 1960s. The black and white photo above was taken in 1965. It shows the original siding and jalousie windows. The wood paneled ceiling that adorns many basements across America lines the walls in one of the bedrooms here. And then there is that drop acoustic ceiling. I will bet you that the original Dade County Pine walls still exist behind the modern renovation of half a century ago.
CLICK HERE to view all the photos I took of this home and imagine how you might transform this space into your dream cottage.
CLICK HERE to view the Key West mls datasheet on 614 Elizabeth Street which is offered for sale at $499,000. Then please call me, Gary Thomas, 305-766-2642 to schedule a private showing. I am a buyers agent and a full time Realtor at Preferred Properties Key West. Let me help you find your dream home in Paradise.