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Thursday, March 26, 2015

413 Virginia Street, Key West, Florida


A buyer looking for a renovation project in Key West may want to consider the recently listed house located at 413 Virginia Street. The property is listed in the Key West mls as "413-415 Virginia Street". You'll quickly notice that there is only one house, the one with the numbers 413. The other house was razed years ago and is now vacant space. I searched the Historic Sanborn Fire Maps and found 413 Virginia (previously numbered 203) and 415 Virginia (previously numbered 205) on the 1889 map.  Then I looked through my old shoe box and found photos of each house taken in 1965. The photos show the additions of jalousie windows which enclosed the original front porch, scalloped aluminum shutters on the side, a concrete block fence and wrought iron gate and stair rail.
413 Virginia St.
415 Virginia St - now razed
The Monroe County Property Appraiser shows the house as being 705 sq ft and located on a 45' X 84' or 3889 sq ft lot. The house is located about 200 feet west of Duval Street.  I wrote about another nearby house three years ago which went through a dramatic renovation. (See pics below.) I think this house could undergo a similar renovation. The location merits real consideration for a buyer who wants to create a monthly vacation rental. Alternatively, a new owner might renovate 413 Virginia and seek permission to build a new house on the lot where 415 Virgina was located. The city might recognize a ROGO because there is demonstrable proof that a house existed there previously.

I found the aerial photo of Key West that was taken in the 1930s. I added an arrow to point out 413 Virginia Street.  It's nice to see that so many of our old houses have survived the wrecking ball and remain an important part of our lives and commerce today.

The photo below shows 421Virginia Street before it was renovated. The second photo shows the property during construction. And the last photo shows the completed house with new pool and landscaped driveway.
The listing Realtor, not me, describes the 413 Virginia St. this way:
"Location, location, location! Shotgun style conch house with YARD SPACE in prime 'Old Town' Key West spot. X Flood Zone. This residence beckons to be returned to its splendor of the 'Roaring Twenties' and the prohibition era. Lot affords room to expand and build a pool. It even boasts an out house! Historical District locale is walking distance from everything. Half a block off Duval St and five blocks to Southernmost Point. The parcel is surrounded by Spanish lime, mango, avocado & banana trees. Make this Old Town spot your Island Oasis."
CLICK HERE to view the Key West Association of Realtors mls datasheet on this property which is offered at $575,000. Then please contact me, Gary Thomas, 305-766-2642 to schedule a showing of this interest property which might very well be converted into a nice vacation rental with pool, parking, and a convenient location near Duval Street and the attractions at the southern end of Key West. I am a buyers agent and a full time Realtor at Preferred Properties Key West.

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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.