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Friday, May 20, 2016

623 Thomas Street Unit D, Key West, Florida

Just listed, but not by me, 623 Thomas Street #D in Key West, Florida. This one bedroom second floor unit has front balcony that overlooks Thomas Street where passersby walk from the Truman Annex to nearby locations like the Green Parrot Bar, Blue Heaven Restaurant, the Ernest Hemingway House, or the Southernmost Point.  Ft Zach Taylor State Park and Beach are located within easy walking distance from the corner of Thomas Street at Southard Street which is only one block to the north.  The asking price on this 584 sq ft condo is just $420,000.
Please view the photos below which show this clean one bedroom unit that has both a front porch and rear balcony plus a third level loft with additional square footage not used in the condo square footage  calculation.  The loft would be an excellent second bedroom for the brother-in-law that wants to test the waters in Key West before moving here.  
The vaulted ceiling in the living area really makes this space come alive. What might be a confining space is anything but that. The island breakfast bar provides not only a charming place to dine, but also provides separation from the living area and the rear hallway which leads to the second floor rear deck. There's a small hall closet on the back wall of the kitchen that provides additional storage.
The doorway off the kitchen opens into a small hall where the laundry and bath are located. The space is nicely put together and provides separate spaces for function and adds in another storage area to boot.
French doors in the bedroom open out to the front deck. This is a great spot for watching tourists walking by on their way to discover Key West. The thing is if you buy this place you will have already discovered it.
CLICK HERE to view more photos of this unit which I took.  There are just four condos in this small "complex".  There are two off street parking spaces that serve all four units and are used on a first come first served basis. The are no common amenities which means the condo fees are relatively low, just $325 per month which covers building insurance and maintenance.  That is why I mentioned nearby attractions and hangouts. This is a convenient location for a local who want clean and affordable living space. It would make an inexpensive getaway place for a buyer who comes to Key West every now and then who wants a home base from which to explore his or her or their favorite haunts.

And CLICK HERE to view the Key West mls datasheet on 623 Thomas Street Unit D.

If you would like to see 623 Thomas Street #D or any other property in Key West please call me, Gary Thomas, 305-766-2642 or send me an email at kw1101v@aol.com. I am a buyers agent and a full time Realtor at Preferred Properties Key West. Let me help you find your place in Paradise.

Thursday, May 19, 2016

3322 Flagler Avenue, Key West - Freshly Updated New Town Home

Just Listed, but not by me, 3322 Flagler Avenue in Key West, Florida. The listing real estate agent describes this home this way:
"Centrally located and beautifully well maintained home. Full 3 bedroom 2 bath with dinning alcove. Large fenced yard that is wonderfully landscape, with covered back patio, out door shower, storage shed and plenty of room for a pool. Off street parking for 2 cars, one spot covered. This is a must see, easy to show, currently owner occupied."
I've got news for you.
This home was built in 1958 and is pretty typical of many homes of that era. It's just been updated with a new metal roof, new windows with approved storm shutters for wind insurance mitigation credit, new kitchen cabinets, new light fixtures and ceiling fans, plus sundries like curtain rods and drapes. The house is freshly painted and is in basic move in condition. The terrazzo floor is in really good condition as well.That means someone moving to Key West from far away won't need to arrive in Key West and start to clean and redo a property before they can move in.  If you think a quick "update" or a "freshening" is quick I've got news for you: it isn't. Let me show you what's been done.
This home is a bachelor pad right now. The bumper pool table is confirmation of that. But the living area is large enough for a real family. The living room is quite spacious. Note the dining alcove. Muted sunlight provides a cheery place for daytime meals. It is large enough possibly to become a fourth bedroom. And the new kitchen gleams. A door at the rear exits out to the west side yard which leads to the front covered parking or to the rear garden where there is abundant room for a pool.
The front bedroom has three windows which adds a bit of drama to what often-times is a boring space in many mid century homes. This house is an upgrade from could be mundane. The color choices used between the various bedrooms works as well. The colors play off the whites, blacks, and grays of the terrazzo floors.
The windows of the left rear bedroom look out to the rear garden. This room is quite spacious. While it is used as an office by the current owner, it has ample space for a king, queen, or bunk beds plus bedroom furniture. Both the front and rear bedrooms share the use of the hallway bath that has also been updated.
The master bedroom has an en-suite full bath. A sliding door opens out the very large rear yard where there is ample room for a large pool. The lot measures 60' X 114' or 6840 sq ft total. That is much larger than a typical lot in Mid Town or New Town and even larger than many lots in the Casa Marina Area.
I took a lot of photos of this home which you can see if you CLICK HERE. They provide many angles of each space plus photos of the building exterior and garden area. I don't want potential buyers to miss the genuine money saving opportunities this house provides as it sits for immediate move-in plus potential to add a pool later on. This is a clean house where the drudge work has been done. Nothing new needs done to the inside or to the house. The yard is nicely landscaped. There is room for a large pool if that is something that a new owner wants. But the place is perfectly fine as it sits. The yard is a safe place for the kids to play.
3322 Flagler Avenue is not shown in the Key West mls. But you can see if if you call me, Gary Thomas, 305-766-2642. I am a buyers agent and a full time Realtor at Preferred Properties Key West. Let's go take a look. I think you will be genuinely impressed by this home which is offered for sale at $569,000 or $405 per sq ft.

Wednesday, May 18, 2016

210-2 Southard Street, Key West - Transient Licensed Shipyard Condo in the Truman Annex

 
Just listed by Preferred Properties, that's where I work but this is not my listing, 210-2 Southard Street in the Shipyard Condominiums at Truman Annex. Truman Annex is located just two blocks from historic Duval Street and all of the attractions that make Key West a world class destination. This is a unique one bedroom unit with a valuable Truman Annex Transient License which permits 25 weekly rentals throughout the year. The unit may also be rented monthly or used by the owner or the owner's family throughout the year.

The listing Realtor describes the new listing this way:
"This bright and breezy second floor Shipyard unit has a spacious rear deck, assigned parking and a special Truman Annex transient license. The management company calls this unit Treetops because of the lovely poinciana trees front and rear. This unit is being sold turn-key with attractive tropical furnishings and assumable advance bookings."
If you have been watching Key West real estate sales for the past few years and are waiting for a price dip to get the house you didn't get when prices were lower, don't hold your breath. A dip might occur, but if it does it probably won't last long and when the market returns, there will be slew of buyers chomping at the bit to buy what they should have bought before prices increased after the 2008 market down turn. For the past several years those same type of buyers have gobbled up Shipyard Condos because renters favor this development over just about any place in town. Read about why in the next paragraph. I did a quick search to determine the number of sales since 2013 and the price paid on a per square foot basis for each year. Numbers speak louder than words.

YEAR     NUMBER UNITS SOLD     PRICE PER SQ FT
2013        5                                             $666
2014        9                                             $741
2015        13                                           $857 
2016        7                                             $862

There are now only four units available in the Shipyard which are priced on an average price per sq ft of $895.  As you link at the mls link below consider what is included in this unit that is not often included in most other Shipyard listings by the company that sells most of the Shipyard units: furnishings and advance bookings. Most sellers make buyers pay for the furnishings and require a buyer to take over the bookings with a specific property management company to get them. They are offered in this listing without qualification.
Returning visitors to Key West love the location, comfort, and security that Truman Annex provides. Guest who stay in this unit will especially love this location because it's hard to get lost when the place you are staying is located about 100 feet west of the gated parking entry and next to a park-like space between the next row of condos. People do get lost, especially people who have had the extra cocktail. The location itself is within walking distance to Ft Zach Taylor State Park and Beach.  The pool is only a minute or so walk, but I'll bet you more guests will head off to the beach to enjoy the sun and ocean.  At night the Green Parrot and other nearby establishments provide music, food, and cocktails.  During season the Waterfront Playhouse at Mallory Square and the Red Barn Theater offer live performances that feature many local talents. Day or night, there's always something to do and whatever it is, it is within easy walking distance of Truman Annex. Duval Street is two blocks to the east. Sunset Celebration is held nightly - just a five minute walk to the north through the ever beautiful Emma Street in the Truman Annex.
CLICK HERE  to view the Key West mls datasheet and listing photos.  Better than that, please call me, Gary Thomas, 305-766-2642 to set up a showing of this unit.  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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