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Wednesday, October 12, 2016

805 Catherine Street, Key West - Just Listed

Just Listed, but not by me, 805 Catherine Street, Key West. I got to show this house a few days ago to a customer who has a dream of owning a large Conch house in Old Town Key West. As we got out of my car and were walking toward this house I pointed out a one story Conch house across the street which I sold several years ago when buyers feared the collapse of the American economy. As you are aware, that did not happen. My potential buyers were shocked at the low price my buyers paid for a three bedroom home with a pool, guest cottage, and off street parking back then.  I also wrote a blog about the ugly duckling house next door the one I sold and across the street from 805 Catherine Street. That house is in the midst of an amazing transformation. I will be writing about in a future Projects of Key West blog. This area of Old Town has many active renovation projects underway.

The listing Realtor describes 805 Catherine Street this way:
"Excellent Old Town Renovation Project with tons of potential. Main House has 3BD/2BA, is full of Dade County Pine, High Ceilings & Opens out to large deck and Garden. Master Suite on Second Floor with front and Rear balcony's. Separate cottage located in back Corner of Garden with private patio. X-zone and Walking Distance to Duval and White St."
I looked through my old shoebox and found the above aerial photo that was taken in the 1950s. I added an arrow to show the location of 805 Catherine Street. It's really amazing to look back at photos like this to see how much of Key West has changed over the years. I then looked for a photo of 805 Catherine Street and found the pic below. This photo was taken in 1965. Look carefully and compare it to the color photo which shows 805 Catherine today.  The original roof-line was extended and a two story front porch added which totally transformed the look of the house. The Monroe Property Appraiser information suggests to me that the original renovation occurred around 1996.
I assume much of the interior was renovated at the same time. The current owner has nearly completed an update of the interior of the main house which includes updates to the bathrooms, new light fixtures and fans, relocating and updating the kitchen, and replacement of the first and second story rear decks. 
The main entrance to this home is located on the west side of the house. The front porch is now a private porch off the first floor front bedroom where you will see Dade County Pine on the walls, ceiling, and floors. There is a rear addition to the original house where the kitchen and living area are located. The current owner just relocated the kitchen to mid-way in the house which now allows the owner clear views of the rear deck and pool beyond.
The current owner recently removed a small kitchen from the rear side of the second floor. This created the possibility to create a second floor master suite with private sitting area, large master bath and closets, and huge vaulted master bedroom area with a covered front porch balcony as well. The ceilings in both the sitting area and bedroom area are quite tall. This could become a really dramatic area if decorated properly.
The current owner is going to replace the main floor rear deck, but will not be updating the guest cottage nor landscaping. The new owner will be able to save some money by doing exactly what he or she wants to do. The main house and cottage sit on an L-shaped lot with the cottage appended to the rear side. The cottage is 13' X 18' which needs a lot of work. This is all upside for the new owner.

CLICK HERE to view the Key West MLS datasheet and listing photos on 805 Catherine Street which is offered at $929,000. 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. Now is the time for a buyer to buy - before the hordes of buyers show up looking to grab up the few homes available for purchase.


Anonymous said...

Hi Gary, we have a question about the Flordia Keys MLS. We used to be able to access it directly or through your site. We no longer are able to do so. Is access now limited to agents? Thank you.

Anonymous said...

Access granted to the agents and the 1%ers.

Anonymous said...

They merged two systems together and the old user friendly was abandoned in favor of the less than stellar and not flexible Flexmls. It puts off buyers who are going to zillow or trulia or and taking their chances in finding an agent. It's good that Gary has his blog to keep us informed.


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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.