The sharp Key West Conch Cottage at 712 Southard just had a price reduction. The new asking price is $899,000. The house was extensively remodeled a couple of years ago so everything is in very good condition in my opinion. I have hosted two open houses at the property and have had time to poke around a bit. My observations later.
The listing Realtor describes 712 Southard Street thus: "Location!Location!Location! Just two blocks from Duval Street, sits this beautifully appointed shotgun on the best block in Key West. Two nice size bedrooms and bathrooms, great new kitchen with cathedral ceiling that opens to the glass tiled kidney shaped heated pool surrounded by tropical landscaping."
The house is 1026 sq ft according to Monroe County tax records and sits on a 2259 sq ft lot just two blocks from Duval Street. There is no off street parking, but the other properties in the area are single family homes with no commercial activity nearby. I often suggest that second home buyers consider renting a car when in Key West rather than owning one and then having to pay thousands of extra dollars just to have a guaranteed parking space. When you consider the cost of owning a car and add in insurance and depreciation, you gotta be loaded to have a second car in Key West. You can rent a brand new convertible every time you come to your home in Paradise. It will be cheaper, dear reader.
The bedrooms at 712 Southard Street are located in the front of the house. The living room is next and the kitchen (a sawtooth addition with vaulted ceiling) is at the rear. It opens onto the large deck and very good sized pool. The gardens are beautiful and very serene. The pool get plenty of sunshine and the neighbors cannot see the pool, so what happens in your pool area stays in your pool area.
If you are looking for a house in Old Town with at least two bedrooms and two baths and that has a pool CLICK HERE to see the other properties priced $899,000 or lower. 712 Southard Street beats many of the properties on several levels, but the potential buyer is the best judge of what works at what price.
CLICK HERE for more detailed information on this sharp Key West Conch House and lots of photos of the interior and exterior.
If you would like to see 712 Southard Street or any other property offered for sale in Key West, please call me, Gary Thomas, 305.766.2642. I am a full time Realtor at Preferred Properties Coastal Realty Inc., an affiliate of Christie's Great Estates.
3 comments:
Nearly $900 a square foot. Is this a joke?
The Captain says:
That's why it's been sitting for close to 6 months. Way overpriced. (Is it a coincidence Gary that you left the price per sq ft out of this post?)
Captain out.....
It's $876 per sq ft-my omission.
If you really compare 712 to the other houses on the list (and I only put in houses with 2 real bedrooms and 2 real baths), this house is the most expensive on a per sq ft basis.
The closest real comparable property is across the street at 723 Southard and the asking price on it is $799,000 or $726. The pool and deck at 712 are both much larger. I love 726: it is gorgeous. But if size matters, 712 wins.
I drive potential buyers past a lot of the houses on the list. Many don't want to see the insides because of the location. So I guess when you compare apples to oranges and you like apples, sometimes you have to pay the cost of an apple to get what you want.
Gary
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