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Wednesday, November 18, 2015

13 Bougainvillea Avenue, Key West - Bank Owned Property

The new Bank Owned property located at 13 Bougainvillea Avenue in Key Haven, our suburb to the north, is something for bargain seekers to cheer about. CLICK HERE to read the Key West mls datasheet on the property. But there's more to this home than the datasheet suggests. When a Realtor creates a new listing in our mls, he or she uploads data from the  Monroe County Property Appraiser's website. That data auto-fills the mls with information from historic county records. The mls is correct as to what is shown on the Property Appraiser's site. However, it appears that a former owner converted the original garage into additional living space. The net effect is that instead of being a 1613 sq ft home, the actual home now has 1908 sq ft of living space with three bedrooms and three baths.
This home is a modified ranch built new in 1965. The door seen to the rear of the carport enters into a hall that leads to two doors. The door on the right enters into the main part of the house - the space shown on the Property Appraiser's site. There's another door on the left which enters into what I call a mother-in-law apartment. We will look at the main house first.
When you enter the main house you walk into the great room which is bright and clean. There's a relatively new kitchen to the right. Double glass panel doors open out to the semi-covered rear deck. Another door opens out to the east side yard which is enclosed for privacy.
The master bedroom with large en-suite bath is located at the front of the house. There is large walk-in closet located between the bedroom and bath. There is a second bedroom plus hall bath. The entire home was updated not too long ago. New additions include all new windows and doors, light fixtures, fans, interior doors and trim, and tile floors throughout the house. You can see the pride of ownership the former owners had in this home. It was well cared for.
When you walk through the double glass doors and out to the rear area of this home, you know exactly why so many families, fishermen, and sun enthusiasts opt to live in a location like this as opposed to Old Town - the sun, the sky, the water. This home is located on a wide canal that provides easy access to the nearby deep ocean waters. The rear lot line measures 62.5' - which is more than adequate to accommodate a really nice pleasure boat or fishing craft. (The lot is 100 ft deep or 6250 sq ft total.)
The wood decks need some repair or replacement. And some of the tropical foliage is looking a bit puny. Those are cheap fixes. CLICK HERE to view all the photos I took of this property. You will get a much better sense of how much house and grounds this listing has to offer.

I really think this home is something to cheer about. This home is offered at $624,900 or $387 per sq ft based on the Property Appraiser records showing 1613 sq ft. But it you include the apartment, the effective asking price would get adjusted down to just $327 per sq ft. CLICK HERE to view the Key West mls datasheet on this property. Then please call me, Gary Thomas, 305-766-2642 to schedule a private showing. I am a buyers agent and a full time Realtor at Preferred Properties Key West. This is really worth looking at!



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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.