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Monday, May 26, 2014

623 Thomas Street #A - Key West Bank Owned Condo


Just Listed, but not by me, 623 Thomas Street #A, Key West, Florida . This is a Bank Owned condominium located opposite to the entrance to the Shipyard Condominiums in Key West, Florida.  Now this unit is nothing like the nice little condos over at the Shipyard, but it isn't priced like those units either.

I dug down deep into my old shoebox and found a photo taken about fifty years ago of this multi-unit building.  The building was converted to condominiums around 2002. (The online property records do not show any records other than siding replacement. That does not mean permits were not taken out. It just means the records for this property are not shown online.)

This unit is a one bedroom. There is no closet for the bedroom. The living room and dining area are quiet spacious. The kitchen is at the rear as is the bathroom. It appeared to me that the original floors were replaced when the property was converted to  a condominium. The floors for the most part are in very good condition. 
A single door in the kitchen and French doors in the living room open out to a long deck that wraps around the back of the house. The side and rear yard are totally unsuspected. 
The listing Realtor describes this property this way: "Fantastic Old Town Location! Make This Your Own With Your Personal Touches Needs Some TLC. This One Bedroom And One Bath Offers High Ceilings And French Doors Leading To Your Open Porch. Common Area Offers A Private Fenced In Yard." I do not know if the unit owner has exclusive use of the outdoor space. However, it is the only unit with access to the yard. CLICK HERE to view the Key West mls datasheet on this unit.  This 454 sq ft first floor condominium is offered for sale at $244,900

I took more photos of this unit that show the rooms and exterior from many different angles. CLICK HERE to view more photos.  Then please call me, Gary Thomas, 305-766-2642 to schedule a private showing of this economically priced condo.  I am a buyers agent and a full time Realtor at Preferred Properties Key West. This place needs some TLC but it has a lot of upside potential. 



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