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Thursday, May 4, 2017

702 Catherine Street, Key West - Potential Vacation Rental

Just Listed. but not by me, 702 Catherine Street, located in Old Town Key West and about two blocks away from upper Duval Street where the cool people hang out. There several near by places like Frenchcies, Bab Boy Burrito, and the infamous LaTeDa where you can eat, drink, or be entertained, and walk home within a few minutes.  South Beach is nearby as well. Your guests can walk to a fun beach and not get lost nor get blisters on their feet for having to walk a couple of miles. South Beach is only three blocks away. At the same time you can just as easily walk out to the back porch and watch the kids have fun in the pool. This 1450 sq ft two bedroom, two and one-half bath has it all. And its priced to sell at just $959,000.
The listing agent describes 702Ctherine Street this way: "This pristine home sits in a wonderful Old Town compound consisting of 9 beautifully maintained homes clustered around a 45' shared pool with lush landscaping. The prime, quiet location is only 1 1/2 blocks off of Upper Duval St. The interior has gorgeous white-oak wood floors, a spacious floor plan, high ceilings, and abundant natural light in every room. Experience indoor/outdoor living at its best with french doors leading from the living room to a sun deck overlooking the swimming pool, a covered & screened living/dining area outside of the kitchen, a front porch and a second floor balcony. The kitchen has rich granite counter tops and stainless steel appliances and is open to the dining area. Living area is spacious and bright with a half bath located near the stairs. Full-size laundry is inside of the house. The two upstairs bedrooms each have two full bathrooms ensuite with ochre travertine floors and matching tile & glass shower enclosures--one of which has a bathtub. This solid home has hardie board siding, a metal roof and hurricane shutters. Outdoor areas have premium composite decking. There is off-street parking for one car. HOA fee is $192 per month paid quarterly and covers pool maintenance and landscaping."  This is s town home which means the homeowner is responsible for all building maintenance and building insurances. The HOA fees are modest and cover only pool and common area maintenance. The good thing is this home appears to be in superior condition.  It looks great in all areas - indoors and outdoors. That means a new homeowner will not need to start fixing things once title has passed. This home looks like it has been treated like a baby - a pampered baby.

The covered porch at the main floor rear provides abundant private outdoor dining and rest areas. Even though the area looks out to the communal pool, you cannot see inside from the outside French doors at the back of the living area open onto the rear porch that leads down to the pool area. There is also a small landing area where you could you chairs to have private a private sitting area. But it is the semi-enclosed porch where your family and friends will likely spend most of their time. 
The second floor hallway provides nice separattion between the two bedroom wings. There is even access to a small second floor balcony overlooking Catherine Street. The real wood floors shine throughout this house. The walls currently display bold art work everywhere. A new owner could just as easily minize the art work and still make the walls look great as they provide ample contrast to the beautiful wood floors.
Both bedrooms have en-suite baths and adequate closets. I always tell potential buyers that they won't need as many clothes in Key West as they need up north, but they still need clothes and places to store them. This home had both room to live and adquequate storage spaces on both living levels.

CLICK HERE to view the Key West MLS datesheet and more photos. Then please call me, Gary Thomas, 305-766-2642, to set up a private showing. A new owner can legally rent this home as monthly vacation rental. It's prime location makes it a sure winner if that is your choice. However, not all owners rent their homes here. This home is affordably priced such that a new owner may not need to find rental income to help pay the cost of ownership. I am a buyers agent and a full time Realtor at Preferred Properties Key West.

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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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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.