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Wednesday, May 25, 2022

A Message about Gary

 Dear Friends of Gary:

It is with a heavy heart that I tell you that our colleague and friend Gary Thomas passed away unexpectedly and peacefully while on vacation in Italy with his life partner Bob and Bob’s nephew.


Here’s how Gary described himself in his blog:

Gary Thomas

“Gary is a Colorado native who moved to Key West in 1993 to own and operate Eaton Lodge Guesthouse. Prior to moving to Key West, Gary was an attorney in a Denver law firm. He also worked in commercial banking and has substantial experience in managing commercial loan workouts, foreclosures, bank owned real estate. Later as a Senior Subsidiary Specialist for the Resolution Trust Corporation he managed numerous commercial assets owned by the RTC. Gary obtained his Florida real estate license in 1996 and has been a full time Realtor since then. Gary enjoys working with people with the dream of moving to Key West.”

If you read the blog, you know that Gary was funny, witty, brutally honest but never cruel, principled, informative and entertaining. Gary worked tirelessly on writing, gathering information, taking new and collecting historic pictures and then putting it all together so we could enjoy his blog and learn something at the same time.

Gary came to work at Preferred Properties in 2008. The country was in a serious recession and many people were holding on tight to their funds and reluctant to buy real estate. It seems obvious that people should buy low and sell high but people tend to do the opposite. Gary saw opportunity in the market dip and helped many people make wise investments. I think people appreciated Gary’s insight and guidance about our market.

Gary kept very busy even in the lean times. He was very humble and never boasted about his achievements. I’m glad I had the chance to thank Gary for all he did for the company and me as well. He was an understated powerhouse of market knowledge and motivation. He made things happen. Gary brushed off compliments and gratitude but he was a huge part of our success and I’m grateful to him.

Gary cared about the people he worked with. It was never just about a sale for Gary. He wouldn’t hesitate to tell people if he thought the price was too high or the property wasn’t right for them. He shared his knowledge and expertise freely with the people he worked with and other agents as well. Gary’s honesty was genuine and his ethics unwavering. I was so proud to work with Gary.

When Gary started his blog, it was a relatively new media. His blog was met with a fair amount of resistance in our industry. Over the years Gary’s blog gained popularity and followers. Agents began asking Gary to feature their listings on his blog. Gary was generous with his time and talent and usually agreed. He would often go to the property and take his own pictures and do a write up on the blog.

Gary was often in his office earlier than anyone else working furiously on a transaction or something pressing. Gary was serious about his profession and worked all the time. Gary loved all things real estate and I believe he enjoyed his life as a Realtor. He was very skilled at handling complex transactions and was relentless in bringing about positive results. People who worked with Gary were well served. Whatever he was working on Gary put in one hundred percent effort.

Gary had a big heart. He was generous with his time and knowledge and available to give guidance to fellow agents who sought him out. People have told me stories about Gary and his kindness towards them over the years. Gary wasn’t boastful, he was kind behind the scenes when no one was looking. Gary kept confidences and was a good listener and a good and loyal friend. We were lucky to have Gary in our lives.

On behalf of all of us at Preferred Properties, I offer our deepest condolences on the loss of Gary to his life partner Bob, Bob’s nephew and family, to his many friends, his blog followers, clients and customers, colleagues, associates, his extended Key West “family”, and the many people whose lives Gary touched.

Gary will be missed.

With love,

Laurie

















Friday, April 29, 2022

10 Lowes Ln Key West Florida, Just Listed

 

Just Listed by Laurie McChesney at Preferred Properties Key West - 10 Lowes Lane. This will sell fast so move fast down this slow lane or you will lose your chance. There a lots of lurkers out there waiting to pounce. 

First, I did not misspell the name of the lane. There are several spellings including Lowe Lane, Lowes Lane, Lowe's Lane. All are correct. The mailman and UPS driver will find you. Lowe''s Ln is located adjacent to 525 Grinnell Street or two buildings north of Southard Street. 

The house is located at the far end of the lane and next to the rear gated entry to a much larger estate type property that fronts onto Southard Street. I dug into my old shoebox and found a photo of the house taken in 1965. Notice the screened-in front porch and door at the rear. Compare that view to the photo at the top. The porch has been captured and is now a part of the interior. That increased the interior space to 1360 Sq Ft on two floors. The lot measures 2458 Sq FT which includes a nice pool with deck at the rear, a carport, and open space on the side. Let's look.



Even though the porch is gone, the door is still in the same location. The space is kind of odd and could be improved. The house has window units and cool just fine for now. 

The first floor has new flooring and the makings of a new kitchen. New cabinets were delivered as were new appliances. A new owner can install or do something different.


There are two good sized bedrooms on the second floor separated by the entry landing and shared bathroom. The second floor is move-in ready. It may not look it, but it really is. Or it could be renovated but that would not be required.

The bedroom photos show you the Dade Count y Pine walls and ceiling plus vents that were used in olden days to allow hot air to escape upward. Today air conditioning does that trick. 




The owners have architectural plans by Matthew Stratton to expand the living space and change the house a bit. Matthew is one  of the two premiere local architects in Key West. 

House across the lane

The Historic Seaport is located about three long blocks to the right and the end of the lane. Duval Street is a short stroll via Southard or Fleming Street. Five Brothers is up on the corner. Old Own Bakery is a block to the north. What more could you want

I am going on R&R for awhile Call Laurie McChesney 305-923-6639  to schedule a a showing of 10 Lowes Lane. She is the listing broker at Preferred Properties Key West. Mention my name please. 

CLICK HERE to view the Key West MLS datasheet for 10 Lowes Lane offered for sale at $1,500,000. See you soon.


 


Sunday, April 24, 2022

Follow Us to the Open Houses in Key West - today - April 24th


None of the following listings are mine. I do hope that you will go and checkout the new listings and see what you can get for your dollars. I know prices are high. Nobody ever expected them to get this high. But I never expected a $100,000 cigar maker cottage in Old Town selling at $500,000 either. They are fetching over one million dollars today.  Let's venture around  the island including Key West by the Sea, Old Town, Casa Marina Area, Casa Marina East, Mid-Town, the Key West Golf Club, and the waterfront house located on the former Key West drive-in theater site. Yew we had a drive-in and bowling alley. We used to have cheap eats, cheap drinks, and cheap --- Well, we still have those. 

1014 Truman Avenue #3   12 - 2 PM

$995,000

Two Bedroom Two Bath Centrally Located Contemporary Condo in an Historic Building

1230 South Street    12 -4 PM

$1,995,000 

Legal Duplex Fixer-upper

Great Location in Casa Marina East Area Among Many More Valuable Homes

 

1410 Reynolds Street - Casa Marina Area   1 - 3 PM

$3,750,000

Three Bedroom Three Bath Casa Marina Area One Level Masterpiece

630 Elizabeth Street  11 - 1 today

$3,100,000

Incredible Move-in Ready Legal Duplex or Single Family Home Stunning Either Way 

906 Frances Street   12 - 2 PM

940,000 

I wrote about this listing last week. Newer construction located within a gated

compound community with delightful pool.

174 Golf Club Drive

$750,000

Two Bedrooms Two Bathrooms Gold Course Home


 6 Kestral Way   11-1

$740,000

Two Bedrooms Two Baths  Shop and Compare this Golf Course

On your way out to the Golf Course stop by

 

5020 5th Avenue #7

$2,590,000    11 - 1 PM  Text agent for gate code 305-766-0585

These homes were built new in 2017.  This home has direct water access. Check it out. 

 

2609 Staples Avenue  12- - 3  PM

$1,099,000

Three Bedroom Family Home   I was in this home last week. SUPER CLEAN. Lots of ROOM. Good family home.

2609 South Roosevelt Blvd #304C  KEY WEST BY THE SEA CONDO    12 - 3 PM

$850,000

Two Bedroom unit in the C building at rear. No ocean view but great price. Vacant.

613 Margaret Street  12 - 4

$4,995,000

Six Bedrooms Six Baths Beautiful Renovated and Expanded Home in the Heart of Old Town. Simply Stunning!

Tell the agents you read about this open house in my blog. I won't get a nickle out of it. 






Thursday, April 21, 2022

The Least and Most Expenseve Homes Sold in Key West in the Past Week - No. 1

 


Since there are few new listings to discuss, I thought it would be interesting to note the sale of the least and most expensive single family home sales in Key West during the prior seven days. I got this idea from a Realtor I just started to follow on TikTok who by the way discussed the concept of slandering particular neighborhoods. I understand exactly what he said and meant. I try not to do that but sometimes fail miserably. Anyway, let's see what happened last week.

Only four single family homes closed during the past week. The least expensive was 312 Amelia Street, located in the Bahama Village area of Key West. See the photo I found of it taken in 1965 and compare it to the current photo in the Key West MLS. This home was listed at $1,169,000 and sold at $1,159,000 or $897.06 per sq ft. This is the same house after being renovated.

The most expensive home was located at 533 Petronia Street in the Old Town area of Key West. It was listed and sold at $3,495,000 or $1,868.98 per sq ft. This is the same house after being moved forward on the lot and renovated from ground to rooftop


I will continue this feature until we get some new listings. And maybe after. 



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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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