Search This Blog

Tuesday, June 16, 2009

Bewitched - Act Two



Samantha Stevens must have twitched her nose, because the big new house at 929 United Street in Key West sold at a magical price of $1,000,000. You may recall that I wrote about this property CLICK HERE when it was offered at $1,495,000. I really liked this newly constructed house house. Everything inside and outside was done just right-except for the paint on the front porch. This house had top of the line Viking appliances, designer cabinets in the kitchen, high end light fixtures and plumbing fixtures. The grounds were very nicely landscaped and had exterior lighting and a sprinkler system.
I mention this sale because 929 United Street was originally listed at $1,950,000 or $1026 per sq ft in February 2008. It sold June 15, 2009 at $526 per sq ft. That is a remarkable price reduction for a very nicely done new property. CLICK HERE to see more info on 929 United Street.

Note: 929 United Street was not a short sale.

Some readers may argue that the location on United Street pushed the sales price down. Perhaps it did, a bit. But all properties are located on a little island and many of our streets have real traffic-as does United Street. Not every street in Key West is a quiet little lane. I think the price is more a realization that the original asking price was unrealistic and that a seller in today's market must be realistic if a meeting of the minds is to be reached. It does not matter what someone paid for property years earlier or how much money (or sweat equity) someone put into a renovation. Market value is driven today by how much a knowledgeable, willing, and able buyer is would pay for property.

Prospective Buyers for Key West real estate know how to use the Internet to search the mls and public record websites. They can use the Key West mls database or other search sites to see what asking prices are. More importantly, they can see recent sales to develop a realistic appreciation for what a prospective purchase is realistically worth today.

Congratulations to Cory Held and Everett Watkins of Preferred Properties on the sale of this property.

If you are thinking of buying a place in Paradise before all the good houses are sold, CLICK HERE to search the real Key West Association of Realtors mls database. If you see a place that you like, please think of calling me to assist you. I am a full time Realtor at Preferred Properties Coastal Realty Inc, an affiliate of Christie's Great Estates. Contact me, Gary Thomas, at 305.766.2642 or by e-mail at kw1101v@aol.com.

Sunday, June 14, 2009

730 Southard Street - Old Town - Key West






The asking price on 730 Southard Street was just reduced to $1,490,000 or $525 per sq ft.
The listing Realtor describes the property this way:
"Right in the heart of Old Town Key West sits this jewel of an original Conch home built in the 1800's awaiting your special touch. The history behind this home spans several generations of just one family. The rooms are large, the ceilings are high and everything is original in this two story home including Dade County pine throughout. There's over 2800 square feet of living space including the large master and guest bedrooms upstairs plus the living room, den, study, dining room and kitchen downstairs. The standup attic runs the length of the building with access to the widows walk allowing for a bird's eye view of Old Town. All this plus room for a pool in the back."


This house sits at the corner of William and Southard Streets right smack dab in the middle of Old Town. You could not ask for a better location. The lot measures 100' X 68'.53" or 6853 sq ft. That is huge for Old Town. The house is equally large. The listing Realtor says the house is 2838 sq ft and has 4 bedrooms, 2 baths, a garage, an incredible facade and a widows walk. CLICK HERE to see a photo that shows the rear of the house where there is more than ample room for a good sized pool. CLICK HERE for more detailed information and photos of 730 Southard Street.

When I previously wrote about this house (when it was listed at twice the current asking price), I referred to it as a "virgin" because it has remained in the same family since it was built. There is only one building permit of record in the County Appraiser's records and that was to upgrade the electric service. The house looks pretty much the same today as it did when it was built. Of course, there is another even more expensive virgin on the market located at 616 Eaton Street. I wrote about it on September 3 when it was listed for $5.5 million. The price remains the same on that property. CLICK HERE to see the listing info on 616 Eaton Street so you can do some comparison shopping.

The house at 730 Southard Street is known by everybody in town and by most seasoned tourists as well. And just about everybody says "that would make a really good renovation project" or something to that effect. It would. This property is another Key West treasure. It deserves a new owner with lots of money and a big vision to restore and improve this landmark.

If you are looking for a renovation project in Key West, or just a simple little Conch Cottage, please call me, Gary Thomas, 305.766.2642 or e-mail me at kw1101v@aol.com. Let me help you find your place in Paradise. Prices on most properties are at historic lows so I think now is a great time to buy bargain priced properties. CLICK HERE to search the Key West mls database and then call me.

Thursday, June 11, 2009

416 Margaret Street - Old Town - Key West





Just Listed: 416 Margaret Street - a beautifully restored Victorian home with a legal studio apartment, pool, off street parking that is located in the Heart of Old Town Key West. This is how the listing Realtor describes this property:

"Historic Key West charm abounds this Folk Victorian home with a wonderful renovation just completed. Relax on the large front porch with beautiful balustrades and Gingerbread trim overlooking tropical landscaping. A quintessential Old Town neighborhood, 2 blocks to the Historic Seaport and 4 blocks to Duval St. Original Dade County pine lovingly restored throughout. First floor boasts 2 bedrooms, 2 full baths, and living and dining area that opens onto a covered lanai with pool and outdoor shower. A separate entrance on the second floor leads to a beautiful studio with kitchenette and full bath. With no detail forgotten, off-street parking is accessible from the lane."

CLICK HERE to see more detailed information on this listing and view some very good photos. This 3 bed 3 bath house is a total of 1630 sq ft and sits on a 3300 sq ft lot. It is offered at $1,195,000 or $733 per sq ft. This is a very good price dear readers.

I showed this house to one particular buyer from New Jersey in 2006 and again in early 2007. She was a medical doctor. She loved the house. But she was fearful of how much renovation would cost. She found a dozen reasons not to buy the home she absolutely fell in love with. It is available again. It just costs a lot more. And it has the new roof and electrical upgrading it needed. It got the pool you wanted and the off street parking. But it still has all that charm that lured you back four times to look.

The house is located mid-distance between Eaton and Fleming Streets, so there is quick access to the restaurants and shops nearby or at the Historic Key West Seaport (2 blocks to the north) or Duval Street (four blocks west). If you are a buyer looking for a second home with a little income to help defray the cost of ownership, this may be your dream home. In addition to not needing any work to make it "livable" (that has already been done with pizazz!), this place has a legal second floor apartment with a separate exterior entrance. That apartment is large enough to accommodate one person very nicely. And the prospective tenant could be your eyes, ears, and physical presence for times you can't be in Key West. The rent would help defray the cost of home ownership.

I took a couple of photos of the houses on either side of 416 Margaret Street. This is the house to the south CLICK HERE. Little Lopez Lane separates 416 Margaret from the THIS HOUSE to the north. The house directly across the street at 415 Margaret CLICK HERE sold in 2006 for over $2.6 million. Great house to have as a neighbor. There are some condos, guest houses, and small stores in the immediate area. This area is real Key West. It is not Truman Annex.

There are not a lot of houses in Old Town with the amenities 416 Margaret Street offers in this price range. I think this house is going to sell very quickly. I would love to show you this house before it is snapped up by one of the many would-be buyers looking to purchase in this price range. Please call me, Gary Thomas, 305-766-2642. I am a full time Realtor at Preferred Properties Coastal Realty Inc. We are an affiliate of Christie's Great Estates. Come Buy with Me!

Wednesday, June 10, 2009

1105 Washington Street - Casa Marina Area - Key West



Just Listed (but not by me!) 1105 Washington Street in the Casa Marina Area of Key West. This 1960 vintage ranch has been recently updated. I know, I live nearby and watched the workers doing all kinds of things to the property during the past couple of years. The house has 1415 sq ft of living space and sits on a 4035 sq ft lot. The house has 3 bedrooms and 2 1/2 baths. 1105 Washington Street is offered at only $750,000 or $530 per sq. ft. The listing Realtor points out that "this is not a short sale".

The listing Realtor describes the house this way: "A really nice home located in the Casa Marina area and just a few blocks from the beach. There is an additional bonus room with seperate entrance to be used as a bedroom, office or workout room. Master bedroom has a suana bath. Kitchen is equipped with stainless appliances. There is also a wetbar that seperates the livingroom and diningroom." (I copied it exactly.) CLICK HERE to see the photos and more detailed info on the house. There is no pool and I don't recall that there is room to add a pool. But there is plenty of privacy.

The house directly across the street (my neighbor to the rear) is a massive estate property that occupies a size able plot of land. It has been under renovation for the past two years. It is a great property that is always maintained and would be a charm to look at each day you go out to walk the dog. The house next door to the west is equally charming. The house next door to the east is a Key West landmark (Guest Cottage photo here). The beaches are nearby. Shopping is within walking distance. You can get to the airport or the shopping centers in about 5 minutes. And Old Town is a quick bike ride away. But the neighborhood with the big trees and big lawns is why you want to live in this part of town.

At an asking price of only $750,000, I think this house ought to sell fairly quickly. I know it does not have the essential pool that so many buyers want. But that big ocean a few blocks away is awfully inviting and you don't have to pay a pool boy $100 per month. Instead you can walk over to Louie's Backyard and have cocktails every Saturday evening. Life is made up of choices.

If you would like to see 1105 Washington please call me, Gary Thomas, 305-766-2642. I am a full time Realtor at Preferred Properties Coastal Realty Inc. We are an affiliate of Christie's Great Estates.

Tuesday, June 9, 2009

529 Olivia Street with Transient License - Key West



Once there were two. Now there is just one. Yesterday the single family home at 531 Olivia Street in Old Town Key West was sold for $525,000. It had been offered as high as $999,500 in 2006. CLICK HERE to see what you missed.

But 529 Olivia Street is still available. At least it is as of this writing. The listing Realtor describes this property this way:
"'OLD KEY WEST' TRANSIENT LICENSED CONCH HOUSE. GREAT INTERIOR IS UPDATED & STYLISH, DECORATED & FURNISHED TURN-KEY FOR IMMEDIATE CONTINUED RENTAL OR AS A GREAT VACATION HOME. GREAT CENTRAL LOCATION NEAR BOTH DUVAL, TRUMAN & SIMONTON STREETS! FRONT PORCH AND REAR YARD W/HOT TUB, OFF STREET PARKING. SHARES A DRIVEWAY WITH THE IDENTICAL HOME NEXT DOOR."


CLICK HERE for more info on this house and to see photos of the inside. The property is managed by a local property manager and the place stays rented. It has its own parking. And it has just about everything a vacationer wants - except a pool. And I think there may be room for a pool. This property has a transient license which means you can rent it daily, just like a hotel room and get all of that income to help defray some of the cost of ownership. 529 Olivia Street is offered at $550,000 furnished and with the valuable Transient Rental License.

If you are one of the many potential buyers that want to buy a place in Key West and have your place in Paradise help pay for itself, 529 Olivia Street may be what you are looking for. Please considering calling me, Gary Thomas, 305-766-2642 or contact me by e-mail at kw1101v@aol.com to discuss purchasing this property.

Monday, June 8, 2009

1020 Von Phister Street - Casa Marina Area - Key West





Want to live far from the Madding Crowd? Want to have a place where you will feel confident nobody, but nobody will ever build a place that can look down onto your pool or make noise that will wake you up at the crack of 3:00 AM? Consider becoming my neighbor by buying the really sweet home at 1020 Von Phister Street in the Casa Marina Area of Key West.

1020 Von Phister Street is described this way by the listing Realtor:
"This extraordinary home was custom designed and built with master craftsmanship in 2002 by an award-winning architect. Situated on a beautiful block of the Casa Marina area, the property has 3 bedrooms plus an office, 4 bathrooms, a gourmet kitchen, large windows for light and off street parking for 2 cars. An outdoor shower on the second floor master bedroom porch has wonderful privacy and serene views of the gardens and pool."

This is not an ordinary "house". The architecture and design lets you know upon entry that you are someplace "special". The formal entry entices you to walk through to the living room with its two story view of the pool and garden. Each of the two bedrooms on the main level have a private bath and private veranda. The stairway to the second floor has windows with muted views of the garden to the east. Then you enter the large master suite with his and hers (or in Key West his and his, or hers and hers) bathrooms. The master suite has a built in book ledge that overlooks the living room below and the pool and gardens. If that isn't enough, the master suite has its private second floor veranda which would be great for some stunning sunning. And there is a even a private outdoor shower CLICK HERE with obscured views of the forest primeval next door. (That property runs from Flagler to Von Phister with a depth of 199 feet and a width of 52.75 feet. CLICK HERE to see the stand of huge trees that will not be taken down during the lifetime of anyone reading this blog.) Those trees provide so much privacy that I want to buy this house.

The house next door to the east is a second home for somebody else. The other properties in the neighborhood are mostly single family homes on large lots.

This particular area has a lot of mahogany and other tall trees that make the streets particularly beautiful. Von Phister Street runs parallel to Flagler Avenue which leads to the Casa Marina Hotel two blocks west. Von Phister is very quiet street close to everything, yet far enough away not to be in the middle of anything. You can walk to the beaches in five minutes or less. You can ride your bike to one of about seven gyms or yoga places within 5 blocks. There's a nearby grocery store, a Dairy Queen, some art galleries, a paint store, some churches, etc. But none are that close. You have to go leave the sanctity of Von Phister to go back to the real world. It's not that far. But it is far enough.

This is the deal. 1020 Von Phister Street was under contract until last week. Something happened and the property is now back on the market and it is now priced at $1,299,000 or $657 per sq ft. The house is 1977 sq ft and sits on a large 4558 sq ft lot (46.75 x 97.25) lot. The house is only seven years old, and it is really a beauty. The owner of this house has already purchased another house a block or so away. This is not a distress sale!

CLICK HERE for more detailed information and photos of this sweet home. I live across the street and to the east just a tad bit. I love living in this area. And I am really serious about the beauty of this very special home. Please call me, Gary Thomas, 305.766.2642 to schedule a showing of this property. You will be very pleasantly surprised.

Friday, June 5, 2009

New Bank Owned Houses - Key West






For those who think they can get a good deal by buying a Bank Foreclosure, may I present two new offerings for your consideration.

607 Margaret Street is located in the Old Town area of Key West. It is two doors to the south of Mangia Mangia for locational reference and across the street from the old Harris School. There is a big tree in front to provide shade from the sun. The interior has Dade County Pine walls. And it is a fixer for sure. The listing Realtor describes this house thus:

"Bank Owned. Fantastic location in Old Town Key West. This home has charm and needs your personal touches. Make this your oasis. Backyard has patio. Bedroom on first floor and second bedroom is on the second floor plus additional storage in the attic."


CLICK HERE for more info supplied by the listing Realtor and to see 4 photos of the property. This house is offered at $349,900 or $360 per sq ft.

3725 Eagle Avenue is located one block west of A1A or near the intersection of Flagler and South Roosevelt Blvds. The two blocks just prior to A1A have some of the nicest homes in Key West. This is not one of them right now. It needs a lot of work in my opinion. But the house is very large (2900 sq ft) and it sits on a huge lot of 12,000 sq ft. That is not a typo. The lot is gigantic. The asking price is $355,000 or only $122 per sq ft. The listing Realtor describes this house this way:

"Mediterranean Style Home. This 3 Bedroom/2.5 Bath residence has authentic textured walls, beamed wood ceilings, beautiful redwood staircase, soaring ceilings, arched french doors and windows, fireplace, private dining area, window-wrapped family room and pinewood floors. Bank Owned Property. Priced to Sell."

CLICK HERE to view listing information and more photos.

The house directly next door to the east CLICK HERE was renovated in 2003-2004 and it is beautiful. I even took a pretty picture of it this morning so you get an idea of what 3725 Eagle might look like after a few hundred thousand dollars and a lot of work.

Both properties are bank owned. I suspect 3725 Eagle will be under contract by Monday. So if you want to buy it, contact me right away. This house will be an an undertaking and it is going to take money and vision to transform this property into a showplace.

607 Margaret Street has a tiny deck and the smells. There is an open toilet right off the living room--no door. The exterior was butchered with an aluminum awning and most of the windows need replaced. The interior stairway does not meet city building code requirements. And you will be throwing a lot of money into any fix-up of this place.

If you think you want to buy a bank owned property, this is your chance. Two new listings in two different areas of town. Both are "affordably" priced. Both need vision, work, and money. Please call me, Gary Thomas, 305.766.2642, if you would like to make an offer to purchase either property. Don't wait.

Thursday, June 4, 2009

Good Deals - Recent Key West Sales



No Good Deed should go unnoticed. There were three sales that hit the mls since June first that I believe are worth noting.

I wrote about 811 Southard Street on December 21st. It was a short sale. It originally listed for $5,300,000 and sold for $2,500,000 or $656 per sq ft CLICK HERE. That is a great price for a great property in a very good Old Town location. Congratulations to Rudy and Roger.

I never got the chance to write about 1020 Southard Street CLICK HERE (the Gingerbread Man House) because it went under contract within a day or so of being listed. It sold at the list price of $1,975,000 or $760 per sq ft. The Gingerbread Man House was renovated a few years ago by the same duo that recently renovated 728 Love Lane. The pretty as a picture house at 728 Love Lane house is on the market now and is priced at $1,795,000. CLICK HERE.

The Buyer of 1020 Southard Street has their "old house" at 1108 Fleming Street on the market. CLICK HERE for more info on this house priced at $1,295,000. I wrote about it CLICK HERE. If you are a serious buyer for a great house in Old Town, consider this property. Remember, the current owner just purchased a very expensive house a block away. Hint! Hint!

Another house I wrote about also closed this week. CLICK HERE to read what I wrote about 924 Flagler Avenue in the Casa Marina area. It was listed for $1,500,000 and sold for $1,250,000 or $606 per sq ft. The house is as original as any I have seen in Key West, and it has been lovingly maintained by the same family since it was built in 1935. The new owner bought a Key West treasurer. Mitzi Krabill represented the seller and I represented the buyer. Congratulations Tim. And Merry Christmas.

Good Deeds, indeed! Each of the three houses I mentioned are important houses in Key West. I'm sure there will be a few readers that think the buyers paid a lot. Wait a couple of years. These buyers will be remembered for the great deals they got.

If you are thinking of buying a place in Key West, you might want to put your property search in full gear. The market of available good houses in good locations is shrinking. CLICK HERE to search the official Key West Association of Realtors mls website. If you see a property that interests you, please contact me, Gary Thomas, 305.766.2642 or e-mail me at kw1101v@aol.com. You don't have to pay a million bucks to get a good deal. But you will never get a good deal if you don't make an effort.

Wednesday, June 3, 2009

"My seller does not want to lose any money."



I wrote an offer over the weekend on a nice house on the edge of Bahama Village. I point out the location because the location is part of the reason the house has not sold. The house itself is very nice. It has the features many potential second home buyers want: enough bedrooms and baths, new kitchen, off street parking, and charm for days. But the location causes most buyers to not even look or if they do look, to choose another location.

I wrote in my blog about a similar property a few months back. I hosted many "Open Houses" at the height of the buying frenzy at a house on Whitehead Street just off Truman Avenue. It was newly redone by a real craftsman. Everything was great. It had 3 bedrooms, 3 1/2 baths, granite countertops, 3/4" solid maple floors, a new pool, new windows and doors, off street parking, and it was charming. It was priced at $595,000 for an all new custom redo. Literally hundreds of people walked through the house during the months I hosted Open Houses. Most of the lookers were on their way to see the Hemingway House or the Southernmost Point. But some were serious lookers that I turned into clients. But nobody ever considered buying that house because of its location. They said if it were on the "other side of Duval" it would have been a different matter. And that is the same problem with the house mentioned above. It is a great house in what most buyers consider to be the wrong location.

Instead, I want to discuss the seller's potential predicament. The seller's agent told me "My seller does not want to lose any money." I can appreciate that. The seller paid "X" for the house and added improvements that cost real dollars. Now, for whatever reason, the seller wants to sell.

The real estate market is different now than it was a few years ago when the seller was the buyer and buyers were buying almost anything. Even back then buyers were resisting "that" location. I'm referring to the similar house I mentioned above. It is located a block or so from the house owned by this potential seller. Instead of being part of a buying frenzy, today's buyers are part of a bottom feeders frenzy. Buyers are looking for deals. But they want they still want location, value, and charm.

A buyer can sometimes create charm by building new or redoing a place. Sometimes. I've seen too many places with botched redos. Charm does not come cheaply or easily. Many properties are certainly better values today. There have been several short sale and bank foreclosure properties that have sold in Old Town, Casa Marina, and The Meadows areas that were real deals. (I wrote about many of them in my blog.)

We are in uncharted territory right now with all of the short sales and bank foreclosures. Many sellers will sign almost any contract as long as they think they will get off the hook and not be held financially responsible for any of the shortfall on the loan. A lot of the properties that have sold were bank owned and sold at a discount. But the discounted prices have pretty much become the "market".

However, there are still some real world/real market properties offered for sale. If a seller really wants or needs to sell in this market, he or she is going to have to meet the market to sell. Crossing of one's arms and defiantly stating "I don't want to sell at a loss!" won't work. Having one's Realtor make the statement won't change anything.

If a seller who owns one thousand shares of GE stock that he bought in 2007 for $35 per share wanted to sell that same stock today he would sell it for around $13.50 per share. Next week it might be worth more. Maybe less. He could refuse to sell it and hope the price recovers. But if he needed to sell, he would have to accept the loss.

Yet many real world "sellers" refuse to accept the fact that they may have to sell real estate at a loss. Unless a property sells for all cash, it is pretty safe to assume that a buyer would need to finance the purchase. Lenders will not lend if a property will not appraise. It is that simple.

I know my buyer won't be getting the house I mentioned above. Maybe the seller really does not need to sell. But my suggestion to the seller's agent was to get an independent appraisal of the current market value. No rational seller wants to sell at a loss. But every seller ought to know what his or her property is really worth in this current market downturn.

CLICK HERE to search the Key West Association of Realtors mls database. When your search is complete you will be able to see how long each listing has been on the market. If a property has been listed for a really long time, ask yourself "Why?". If you see a property that you like and would like more information or would like to schedule a showing, please call me, Gary Thomas, 305.766.2642. I am a full time Realtor at Preferred Properties Coastal Realty Inc in Key West. Our office is an affiliate of Christie's Great Estates.

Monday, June 1, 2009

Key West Bottom Feeders - Part Two



A year ago today I wrote about the month ending May 31, 2008. CLICK HERE to see what I wrote then in full. Everybody in town continues to be an expert on the state of Key West real estate sales and our local economy. I still use this blog to lure new buyers. And I still don't associate with Realtors during my time away from work.

There were 7 single family homes sales in all of Key West during the month of May 2009. Two were short sales and one was a bank owned property at 910 United Street. I showed that house at least a dozen times. That place had huge locational and structural issues in my opinion. The house was sagging terribly on one side and had the misfortune of having one hell of a tree in the yard which may prevent any owner from ever putting in a pool to take advantage of the otherwise enormous lot. Oh, it's on a busy street to boot. It sold for $488,000 or $221 per sq ft. Another house located at 1300 Seminary Street (originally priced $1,869,000 in 2005 and sporadically reduced) sold for $1,035,000 (or $524 per sq ft)after just 27 days on the market when it was offered at $1,188,000.

The least expensive house to sell went for $270,000. The most expensive maxed out at only $1,100,000. (I had a buyer that submitted a higher all cash offer on that place last fall. The Seller should have taken the bird in the hand offer rather than wait for more money. I remember an email I sent to the listing Realtor warning about the cost of holding that property [monthly mortgage payments, utilities, pool maintenance, etc. which I estimated to be around $7000 per month]. My buyer bought something else in a better location at a better price.) The average price per sq ft on single family homes in all of Key West in May was $370. But readers need to be aware of the marked disparity of properties and locations. That price per sq ft is not proof of anything.

There were 14 condo and townhome sales during May. Two of those were shown as short sales. But 7 were bank owned properties. None of the remaining 5 sales was anything to write home about. So at least 64% of the sales that closed were problem properties. The least expensive unit sold for $110,250 and the most expensive only sold for $405,000. The average price per sq ft for units sold was a mere $261.

Here is some food for thoughtfor you bottom feeders: there are 110 properties single family properties shown as contingent or contract pending. Ten of the properties are already bank owned. Sixty-five of the houses are officially designated as short sales. Ten that I counted are bank owned. That means at least 68% of the single family homes in Key West currently under contact are distress sales. The positive spin on that number is that 110 properties are under contract. Not all will close. But I have to think a great number will. Consider the alternative. Is Countrywide or any other big lender prepared to own that many houses in Key West to get a better deal? The short sale contract between the short sale owner and the short sale buyer may not get accepted by the short sale lender, but I cannot accept the big national lenders wanting to absorb more bank owned properties.

There are 104 condos and townhomes shown as contingent or contract pending. Fifteen of those are already bank owned and 70 are designated as short sales. That means 82% of the condos and townhomes are officially distress properties. But there is some good news about a couple of the contingent properties. Two luxury units at Harbour Place went under contract in May, and neither is a distress sale. There is also a unit with a full transient rental license at Beach Club under contract, and it is not a distress sale either.

We are working our way through the inventory of available homes, condos and townhomes. The inventory is shrinking. I can't definitively state we are at the bottom of the downturn, but we must be pretty close.

If you want to buy your place in Paradise before the big one eludes you forever, CLICK HERE to search the Key West Association of Realtors mls database. Nobody will track your movement on the Internet and your personal information will not be collected by me. If you see a property that interests you, please call me, Gary Thomas, 305.766.2642 or e-mail me at kw1101v@aol.com. I am a full time Realtor at Preferred Properties Coastal Realty Inc. Our office is an affiliate of Christies Great Estates.

Disclaimer

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.
Powered By Blogger

Counter



Free Counter

Key West

Key West
You could be here!

Blog Archive

Gary Thomas in a Nutshell