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Thursday, February 2, 2017

812 Fleming Street #3, Key West - Just Listed

One of the best located condominiums in Key West was just listed for sale at the asking price of $639,000812 Fleming Street Unit #3 located on the second floor front of the Seafoam Condominiums. The second floor front unit has an expansive balcony (about 25 feet wide) which overlooks colorful Fleming Street amid numerous guest houses and near some of the finest single family homes in Old Town. The historic seaport is located a couple of blocks to the north.  Duval Street is about a five minute walk to the west.  There are several really great restaurants with three blocks. Locals and returning guests love this location for its convenience and the people who live nearby. Best of all, if you buy this unit you will have a ring side seat to watch the annual People's Parade as it winds its way up Fleming Street each year during Fantasy Fest.
The Seafoam condominiums is a mixed use building with six residential condominiums and two commercial units that are located on the ground level front. Timmy Tuxedo occupies one 0f the commercial spots and a doctor's office the other. Every time I go by Timmy Tuxedo I chuckle at the thought of a tuxedo store in Key West where tee shirts, baggy shorts, and flip-flops are the norm. Whodathunk anybody would need a tux here? They do, otherwise the tuxedo shop would not have existed as long as it has, and it is a Key West institution. 
Neither commercial business interferes in any way with the residential living in this building. They have minimal daytime traffic and none in the evening. The building  was built circa 1906. It was renovated and converted into condominiums in 1980.  The one bedroom units are pretty much identical as far as size and layout.  Individual owners have renovated the current interiors to suit their individual needs.  Four units have balconies that overlook Fleming Street including Unit #3.  It's a , but just two are located on the top floor. Unit #6 is the one that is the subject of today's blog.  And it is a doozy!
During renovation in 1980
The listing Realtor, not me, describes unit #6 this way:
"Rarely available Seafoam Condominium with spacious covered porch overlooking historic Fleming Street in Old Town. Second floor unit has been completely renovated by the owners and no expense was spared. Chef's kitchen with all new stainless appliances, gas range, quartz countertops, glass backsplash, built-in pet station, & wood cabinets. Hardwood floors, Dade County pine, & large closets. Pool!This unit boasts tiger wood hardwood floors throughout and features restored Dade County pine walls. The living area leads to the porch with added space for dining or relaxing in the heart of Old Town. The bedroom has a custom frosted glass contemporary door blending modern with traditional Key West architecture. The bath was renovated and offers a glass walk-in shower, river rock, ceramic tile, and modern fixtures. There is ample storage with two oversized closets plus additional pantry. The Seafoam Condominium has a beautiful pool, patio area, and is surrounded by tropical landscape. This secured entry building in an ideal location near the Seaport, fine dining, and galleries makes a perfect full time residence or vacation home in paradise."
As soon as you enter this building you know it is something special. A rooftop skylight illuminates the three story atrium during the daytime. The rich Dade County Pine walls are set off by the white columns and balusters creating dramatic to each of the residential units.
Bedroom door at right - view from 25 ft deck which spans the unit
View looking north and west. Living room door to the left.  Duval Street is three blocks away.
Spotless new kitchen
Simply Stunning New Bath
CLICK HERE to view the Key West MLS datasheet and listing photos. Then please call me, Gary Thomas, 305-766-2642, to schedule a private showing of this ideally located property. I am a buyers agent and a full time Realtor at Preferred Properties Key West.


7 comments:

Anonymous said...

Hi Gary

Dedicated reader of your blog and big fan. Hey wondering if you can riddle me this:

How many SFH in town (anywhere) have sold since 2016 for $1,000/ft and how many are listed currently at that price point?

Gary Thomas said...

Dear Anon, I would love to help you. Our new mls system was pushed down our throats and I cannot search by price per sq ft. Some agents have figured it out but it is not a regular searchable feature. I am at a loss. I know the number that sold is minimal - there were a couple that did sell. I know there are several active. I guess your point may be the number is indicative of something akin to over-reaching. Small places everywhere sell at higher prices per square foot than large places. Small apartments in New York and mansions in LA sell at $2,000 per sq ft or more. We are not in either place but the demand for places here puts the squeeze on buyers to pay more.

Gary

Anonymous said...

Hi Gary

I actually wasn't making a point regarding this particular listing. I was more referring to the market as a whole. This place is exquisite regardless of price. Trash that new MLS.

Anonymous said...

The new MLS is in place because the realtors voted to unite the entire Florida Keys under one system. It never should have been separated to begin with but that is another story on the history of FLEX versus Rapattoni. FLEX is a much better system for expansion, contacts and overall it works well IF you understand how to do what you need to do. The problem I see is that too many realtors refuse to learn or don't have the time to do so. That is a HUGE problem and why you hire an assistant to do the dirty work. The wave of the future - social media and FLEX. It is a great system and there are tons of learning videos and classes to understand the new system - if you are willing to take the time to do so.

Gary Thomas said...

Reasonable minds can disagree. I disagree. Nobody I know except for a couple of the ringleaders like FLEX.

The day before yesterday I was bombarded with spam from the upper Keys. We have nothing in common with those people. Their market is totally different than ours. The same goes for Marathon and Islamorada. I drive through those towns. I would be doing my buyers a disservice to try to sell a place up there.

Now let's get back to discussing how great a place 812 Fleming Street is.

Gary

Anonymous said...

Point...set...match Gary T.

Anonymous said...

You can't change the system so learn to live with it. It isn't like that is the only way to get a property out as this blog proves you don't need just the MLS to sell or list anymore.

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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.