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Monday, April 20, 2015

Bank Owned House in Key West - 920 Pohalski Lane

Today's blog is a bit of a mixed message. There really is something to cheer about - a two bedroom, two bath home in really good condition located in Old Town for under $500,000.  The not so much a thing to cheer about it that I represented a buyer that had this under contract who decided to pull out of the deal a few days before closing. The with drawl had nothing to do with the house whatsoever. I think this is a really good buy and hope readers will take a quick look at this as a possible buy.

920 Pohalski Lane was designed and built by a local architect that built this property for his personal home. Today it is Bank Owned and now offered for sale at just $463,000. Today the house has 920 sq ft of living space divided between the first and second floors. The house sits on a good sized lot of 1925 sq ft (55' X 35'). There is off street parking in front, a large decked rear yard, and a side side yard on the north side of the property. CLICK HERE to view the Key West mls datasheet.

The listing Realtor describes the property as:
"Redesigned 2/2 historic home with a unique floor plan. Upper level master suite, french doors from living room and kitchen open to a private deck with an in ground spa. Fully fenced for privacy." 
I looked in my old shoebox and found a photo of 920 Polhalski Lane that was taken about fifty years ago. The house was enlarged with a two story rear addition that now contains the living room with vaulted ceiling, kitchen, laundry room, and second floor master suite with vaulted ceiling and en-suite bath. A set of pocket doors open from the master suite to reveal the spa in the decked rear garden area.
The photos above show the generous usage of wood throughout this home. This is "new" wood as opposed to historic Dade County Pine.  I have shown this house several times over the years. I appreciate the almost "cabin-like" or masculine feel of this home. The living room and guest bedroom and bath share the first floor. A full bath is located off the living room but it is not en-suite to the bedroom. French doors at the rear open out to a partially covered rear deck that leads to the separate kitchen which is separate from the living area.  Pocket doors open to reveal the kitchen tucked into a comfy rear corner of the house.
The second floor master suite is magical. The vaulted ceiling gives this space such an expansive feel. Upper level windows punctuate the lower window and pocket doors to give the interior more light and to provide a dramatic element to the otherwise understated wood room. 
920 Pohalksi Lane is located less than half a block north of Truman Avenue and across the way from the Truman and White Chevron Station. The Coffee Mill dance studio and Zumba fitness is located next door to the north. The best fried chicken in town is sold 24 hours a day at the Citgo gas station opposite the Chevron station. Most of the gyms and yoga studios are located within two blocks of this location. The location will appeal to a hip buyer that appreciates being able to be close to most of Old Town and who wants to buy a place in good condition at an affordable price.The house needs a good cleaning, but otherwise looks to be in good condition. The home inspector that inspected the property for the previous buyer told that buyer that the house was "dry" meaning no moisture or mold and in superior condition.  I took more photos which you can see if you CLICK HERE .
If you would like to see 920 Pohalski Lane, please contact me, Gary Thomas, 305-766-2642 or send me an email at kw1101v@aol.com. I am a buyer's agent and a full time Realtor at Preferred Properties Coastal Realty, Inc. in 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.