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Friday, May 22, 2015

807 Washington Street #102, Key West, Florida - Casa Marina Buying Opportunity

Just Listed, but not by me, 807 Washington Street Unit #102, Key West, Florida. This is an opportunity for the buyer who wants a quality home in the Casa Marina Area of Key West at an affordable price. Many of the single family homes in the Casa Marina Area are now priced over $2,000,000 and some are trending higher. So a place priced at $949,000 is a buying opportunity.
The listing Realtor describes this 1876 sq ft three story town home this way:
"Casa Marina Townhome w/Private Heated Pool. Just two blocks from the Casa Marina & beach, this new townhome (built in 2007) has it all. Designer kitchen, private pool, hardwood floors, three bedrooms (each with en suite baths) and off-street parking. The 1st floor features an open floor plan with a beautiful kitchen (granite counters, wood cabinets & stainless Viking appliances), a half bath, open living area with double French doors leading out to the back yard & pool. The 2nd floor hosts the Master bedroom & private balcony overlooking the back yard & pool and a 2nd bedroom with its own private balcony & bath. The entire 3rd floor is a large bedroom, en suit bath & sitting/reading area. Home is elevated & located in an X-Flood zone."
I have sold four units in this 12 unit complex over the years. My buyers absolutely love their homes and this incredible location. The units were built to sell at the $1.8 million price point. And then the 2008 recession hit Key West. The important thing for current buyers to understand is these units were built with quality in mind and have features that endure to provide long term value.

The listing Realtor gave me permission to use his photos. I took only the front exterior photos. The units are all set up the same way. There are two porches on both front and back - main floor and second floor. There is a semi-formal front entry that welcomes guests into the home. A beautiful stairway on the left side leads up to the second and third floor bedrooms. The wood floors lead through the unit to the main living area. The kitchen features Viking Stainless Steel appliances and real hardwood cabinets with black granite counter tops. A window above the kitchen sink lets the glorious Key West sun shine through to make doing clean-up less taxing.

There's a half bath tucked in under the stair to the second floor. Upstairs, each of the three bedrooms has a private bath and both second floor bedrooms have porches. The master suite is quite large. It has a volume ceiling and covered rear porch where you can look down to the private pool below. The third floor bedroom runs the length of the unit and provides quality space for the kids or grandkids. Each unit has a private parking space. By the way these units can be rented as monthly vacation rentals. Some owners do rent while other owners do not.

Five Minutes Away from home!
CLICK HERE to view the Key West mls datasheet on this property. After you've looked online, please call me, Gary Thomas, 305-766-2642 to take a look in person. You just cannot buy a single family home in the Casa Marina Area at a price this low. Take a look at this town home. You just might be a Key West homeowner quicker than you might imagine.  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.