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Friday, July 17, 2015

Honey . . . STOP the Car ! - 1430 Albury Street, Key West

HONEY . . . STOP THE CAR!  You've probably heard that saying or something like it sometime in your life. It's a directive that there is something important that you are about to pass by. It's a plea to stop and take a look else you may miss something important. If you do stop you can then decide if the look was worth the time. If you don't you may never know what you missed.
1430 Albury Street in Key West is a Buildable  Lot 3500 sq ft (50' X 70') with HARC Approved Plans to build a New Two Story 1900 Sq Ft 4 BR/3 1/2 BA home with Classic Key West Conch Style Architecture updated with Modern Building Elements including Hardiboard Siding, Wind Impact Resistant Glass Windows and Doors. Other features include Four Decks, Heated Pool, and Off Street Parking in the Quiet Meadows Area of Key West. FEMA Flood Elevation Compliant for future Insurance Savings. The New House will be located just one block north of Bayview Park and within a short walk or bike ride to all the attractions in Old Town.(Price does not include construction of new house.)  
Readers up north in America may not appreciate the significance of having a building lot upon which an owner could immediately commence the construction of a new home in Key West or even the significance of owning an empty lot. Key West is a little island located at the far end of the Florida Keys. It is the end of the line so to speak.  You cannot go any further west or south without a boat. Havana, Cuba is closer to Key West than Miami, Florida.
Most of the island of Key West is developed, meaning there is very little undeveloped ground on this little land mass. And of the few undeveloped parcels that do remain, most are not capable of being developed due to environmental concerns or other restrictions on growth or development. Most of the new housing is actually new properties being built on lots where another house previously existed.  Such is the case for 1430 Albury Street. The current owner went through the process to obtain permission to take down the previously existing home which sat on this lot. The owner then engaged local architect Carlos Rojas to design a nearly 1900 sq ft home with 4 bedrooms, 3 1/2 baths, a main floor "lock-out" unit, pool, and off street parking. The new house would be built to Florida's strict building code and would be constructed using new energy efficient materials including Hardiboard siding, impact windows and doors, while offering a home that evokes the Key West Conch architectural spirit.
 This lot is located in the Meadows Area of Key West. The lot is located one block north of Bayviw Park, the largest city park in Key West. The park is a lovely place to walk the dog or watch the kids play.  The park is the site of many social events throughout the year including the annual Easter egg hunt, children's Halloween event (post Fantasy Fest), seafood festival, Conch festival, and many more. There are public tennis courts, basketball court, and baseball field. 
CLICK HERE to view the Key West mls datasheet on this property that is offered for sale at $750,000.  I understand a new owner would spend between $500,000 to $600,000 to build the home shown in the approved plans. There are a couple of spec homes in the current Key West mls which are offered at a much higher price (combined lot and building).

Please call me, Gary Thomas, 305-766-2642 or send me an email at kw1101v@aol.com for more information on this listing. I am a full time Realtor at Preferred Properties Key West.  


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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.