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Saturday, January 31, 2009

707 Washington Street - Key West - Short Sale






Big Short Sale, Price Just Reduceded: 707 Washington Street, Key West, Florida. This large property consists of a large main house and a substantial two story guest house. The property records show it as a legal duplex so the uses are many.

This property was designed by local noted architect Tom Pope and was constructed in 2004. I live a couple of blocks away and remember riding my bike past the property during the lengthy construction. I was excited to see the interiors once the houses were completed. Each property is distinct, but they share a common design theme. The rooms are large and the bedroom ceilings on the second floor of each residence soar. This property would be great for a buyer with a large family or lots of friends. There is plenty of room for lots of people. The guest house is the perfect place for guests, or maybe an aging parent, or perhaps a caretaker, or even a rent paying tenant.

707 Washington has 4 bedrooms, 5 baths, two kitchens, two living rooms, a big pool, and a great Casa Marina location. The houses have 3257 sq ft of living space and sits on a 5300 sq ft lot. The property is offered at the Short Sale price of $1,199,000 or $368 per sq ft. Nothing is certain in this world, and short sales breed an uncertainty of their very own. But I believe that an ALL CASH, QUICK CLOSE offer at a much lower price is achievable. This house is crying for a cash paying, aggressive buyer.

The property is just a stone's throw to Louie's Backyard and Dog Beach. The newly renovated Reach Resort is within walking distance. Duval Street is just a 5 minute walk. The other houses in the 700 Block of Washington are quite nice. CLICK HERE, or CLICK HERE for photos of neighboring homes.

CLICK HERE for more information on 707 Washington Street. Then please call me, Gary Thomas, 305-766-2642 or e-mail me at kw1101v@aol.com for more information.

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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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