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Monday, February 11, 2008

612 Griffin Lane Old Town Key West




612 Griffin Lane is a throwback to the old days of Key West, before the invasion of the renovators. The Five Brothers Grocery sits at the corner of Grinnell and Southard Streets. Midway down Southard is the Southard Square Condominium development. Griffin Lane is immediately to the east of Southard Square. It runs about 250 feet to the south where it dead ends. To get to 612 Griffin Lane you must walk down a fence pathway an additional 150 feet or so. But when you get there, you are immediately transported to another era.

CLICK HERE for more detailed info and additional photos of this development property that the listing Realtor describes this way: This is a true 'Old Town Hide-away'. It's a 'Diamond in the Rough' with great location! Secluded, 4255 sq ft lot at end of walking lane in heart of Old Town. Residence is 1/1 with loft and open den/kitchen. Must see this one to appreciate location, lot size & seclusion. Sale subject to Court approval due to estate being settled out of a trust. Being sold AS IS. This is NOT an bankruptcy, distress sale or short sale.

This property is being offered at $716,800 or $553 per sq ft. The lot is 4255 sq ft which is roughly 70' x 60'. The pathway to the house is deeded: it is not an easement. One of the negatives about this property is also one of its major features and that is its secret location. Any renovation will necessarily require the renovator to carry all demolished items out and carry all tools, lumber, fixtures,etc. down that little path. But once the renovation is done, the place reverts back to an exclusive enclave. I think there is more than adequate land to permit a good sized pool and gardens. This could be a really neat little project house.

Want to see this house. Call me, Gary Thomas, 305-766-2642 or e-mail me at kw1101v@aol.com for more info.

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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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