I made several entries in my blog suggesting would-be buyers to consider purchasing 1119 Olivia Street in Old Town Key West. The legal two story duplex had been throughly remodeled within the past couple of years and had evolved into short sale opportunity. The original asking price was $1,275,000 in March 2007, but finally ended up at a paltry $570,000. The property sold yesterday at $550,000. CLICK HERE to see what you could have purchased in Old Town if only you had heeded my suggestion. I did show the property to several prospects that were looking for a bargain. The same seller (who is also Realtor but not a personal friend or colleague) has other short sale properties on the market.
I just did an mls search of Active Single Family Homes in the Old Town, Meadows, and Casa Marina Areas priced under $1.8 million. CLICK HERE to see the homes that I think are either bargains or good buys. A couple are short sales, a couple are bank owned, and a few are owned by sellers who just want or need to sell. A few of the latter may seem priced high on a per sq ft basis, but I suggest that an active buyer look at what the properties have to offer in evaluating the asking price.
CLICK HERE to perform your own search of the Key West mls. If you see something that interests you please call me, Gary Thomas, 305-766-2642 or e-mail me at kw1101v@aol.com to schedule a showing.
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