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Friday, October 3, 2014

414 Louisa Street - Key West - Old Town fixer

414 Louisa Street is a totally renovated cigar maker's cottage that has been lovingly renovated by the current owners who added lots of personal touches to make this a home sweet home. I wrote about this property late last year soon after it was listed for sale. I showed the house a couple of days ago and decided it was time to give this place an updated blog in light of other recent sales in the same block.
 Upon arrival you will notice the house has off street parking and inviting front porch that sits behind a white picket fence. When you pass the entry threshold you will see a gleaming entry that leads to the back of the house where the living area is located. Up front there are two bedrooms each with en-suite baths. A ship's ladder extends to an attic loft that's the perfect perch for pre-teens, teens, and college age kids.  The laundry closet is also located in the entry hallway.
 
 
The pocket doors retract and reveal the spa-like master bath with Jacuzzi tub with waterfall and designer fixtures.  There's a TV mounted on the wall so the two of you can enjoy your favorite programs while soaking in the tub.
 
French doors at the rear open to the covered rear patio and swimming pool. There's an outdoor shower around the corner as well.  CLICK HERE to view more photos of this home.
I think 414 Louisa Street could make an excellent vacation rental. The house is located one-half block off upper Duval Street near La Te Da. Visitors will love the location for its convenience and quiet location.
Four much larger homes sold in the past two years on this one block. They include 408 Louisa Street (immediately above) that sold for $1,250,000 in April 2013; 410 Louisa Street that sold for $1,327,500 in August 2014; 411 Louisa Street that sold for $1,350,000 in May 2014. 411 Louisa is undergoing significant renovation at this time. 416 Louisa Street (immediately below) is under construction and is also under contract. The list price on 416 Louisa Street is $1,499,000. I think when prospective buyers consider the prices paid by other buyers for houses in the same block see the other sales, they may appreciate the value of both the location and the significantly lower price.
414 Louisa Street is offered for sale at $799,000. It is a two/two with pool and parking. CLICK HERE to view the Key West mls datasheet. Then if interested in seeing this property please call me, Gary Thomas, 305-766-2642.

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