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Friday, June 10, 2016

25 Sea Lore Lane, Shark Key Florida - Bank Owned Waterfront Home near Key West

Shark Key is a small island peninsula which extends off US 1 into Florida Bay on the Gulf of Mexico side of the Florida Keys. Shark Key is a gated community with 74 waterfront lots about half of which are actually built. There is a large swimming lagoon, tennis courts, and community center surrounded by lush tropical foliage, flowering trees, and magnificent specimen palms. Most of the homes on this island sanctuary are large villas compared to the small cigar maker cottages and conch homes located about seven miles down the road in Key West.

The listing Broker describes the newly listed Bank Owned waterfront home located at 25 Sea Lore Lane this way:
"Wonderful location, facing the Easterly breezes in this unique and upscale gated, waterfront community. Shark Key is a peninsula jotting out from US-Hi Way 1 into the Gulf of Mexico. Enjoy the gorgeous sunrises and romantic moon rises with star filled nights from your private deck & heated pool. Tropical, mature landscaping all around home provides privacy and pleasant views from every window. For your vehicles there is a brick paved driveway, 3 car garage, and plenty of additional off street parking. A spacious Clubhouse with kitchen, tables & chairs and wide wrap around, covered decks facing the waterfront is available to residents. Enjoy the covered picnic area by the Swimming Lagoon, it is a beautiful setting. The two tennis courts are adjacent to Clubhouse. Shark Key is located 11 miles from down town Key West, it's the best of two worlds, a private island bursting with tropical landscaping, lagoon, beautiful waterfront homes and a short drive to Key West." 
I had the opportunity last week to show this home to potential buyers. While it did not meet their needs, it may be of interest to someone reading this blog. The 3023 sq ft home is situated on a large 14,968 sq ft lot over looking the open waters of Florida Bay. The house has 4 bedrooms and three baths. The master bedroom is located on the first floor next to the living area and shares part of the deck that looks out to open water.
Front entry proceeds to the great room. Sliding doors open out to the covered deck.
Pool views from the great room with open water to the rear
Dining area located adjacent to the living area with kitchen in foreground
Master suite located behind the mirrored wall

The great room, kitchen-dining area, and the master suite are all located on the east side of the home where each area has great water viewing opportunities.  The deck traverses the entire back side of the home. About half the deck is covered while the remaining spaces provide areas for sunbathing or entertaining. 
There are three tiki huts on the grounds with two located near water's edge and one in the front off the gated private entry. The tiki huts add to the tropical allure of this home. I am confident this once grand home can be easily be restored to its former self. The interiors will need painted, the decks will need some sprucing up, and the landscaping will need some judicious pruning. But when the work is done, the inside and the outside will look just great.
This is a really big house by Key West standards.  It will provide a new owner with four good sized bedrooms to meet the needs of a real family with growing kids. The first floor guest room would make a great living space for an older parent living with the family. That bedroom is located above the two are garage and is set off by itself which provides additional privacy. The kitchen is really large and will provide abundant work space for food preparation and clean-up. The outdoor area will give adults and children alternate places to enjoy their time outside.
As the listing broker pointed out, this is a gated community of exclusive waterfront homes which share the usage of the private swimming lagoon, tennis courts, and clubhouse. There is a key pad operated gated entry. The beautiful private roadway is maintained by the home owner association. The monthly hoa fees are $400 and cover common area maintenance, security, and management.
CLICK HERE to view the Key West mls datasheet and listing photos of 25 Sea Lore Lane on Shark Key which is offered at just $999,000. Other active listings on Shark Key run from $1,775,000 to $6,450,000. Then please call me, Gary Thomas, 305-766-2642, to schedule a private showing of this bank owned home.  I am a buyers agent and a full time Realtor at Preferred Properties Key West. This truly is a buying opportunity.   

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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.