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Sunday, August 10, 2008

1116 Seminary Street Key West, Fl






Here is a deal that might work just for you. 1116 Seminary in the Casa Marina Area of Key West has tentatively been approved for a Short Sale by the lender. Some details still need to be worked out. There is a contract in place but the prospective buyer may not close because he/she has a contract on another property as well. The seller must sell to avoid inevitable foreclosure.

1116 Seminary is located one half block west of Whitehead Street and across the street from the original Key West High School. The location is quiet. All of the houses on the block have been renovated over the past few years including 1116 Seminary. The house is 1435 sq ft and sits on a 4107 sq ft lot. There are 3 bedrooms and 2 bathrooms, both of which are very good sized. The master bed and bath are located at the rear of the home and look out onto the pool through double sets of French doors. The cheerful kitchen also looks onto the pool area through another set of French doors. Bamboo floors give this house a fresh open feeling as do the vaulted ceilings. Of course there is a pool. And off street parking. CLICK HERE for more info and photos.

Don't let the asking price of $1,000,000 fool you. This house can be purchased at a very reasonable price. My suggestion is that you call me to schedule and appointment to see this house and call your banker at the same time to get pre-approval for a loan (in case you don't have the cash). This is a deal waiting to happen. Don't let another buyer's dual-offer dilemma prevent you from buying a very nice house in a good location at a terrific price. Please call me, Gary Thomas, at 305-766-2642. My office is a transaction broker on this property.

4 comments:

Unknown said...

What a beautiful home... and your site looks great. I just thought I would pass on a little info. I have been looking at Florida property through a site called Property Maps. It matches up the MLS with Google Maps to make it easy to find and view homes. It has been great for me as an investor. You may want to check it out it could compliment your site.

Anonymous said...

The Captain says:

Carrie, try Zillow. It is free and you don't have to register. Property Maps just doesn't cut it in my book.

As for 1116 Seminary, nicely renovated but way overpriced. It will sit.

Captain out.

Gary Thomas said...

Captain, Re-read the last paragraph where I said "Don't let the asking price of $1,000,000 fool you. This house can be purchased at a very reasonable price. My suggestion is that you call me to schedule and appointment to see this house and call your banker at the same time to get pre-approval for a loan (in case you don't have the cash). This is a deal waiting to happen." Yeah, the asking price is high. The selling price is not. This is a deal for someone looking to do a quick deal at a very good price.

Gary

Anonymous said...

The Captain reports:

Gary right, Captain wrong. 1116 Seminary is now contingent with kickout.

Captain out

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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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