I've been to Las Salinas three times in my life. Once was a few years ago during Realtor caravan. (That's when local agents preview new listings.) The second and third times were this week. I am showing properties for another agent who is out of town this week. I was very pleasantly surprised at how nice (and affordable) Unit 112 West is and decided I wanted to share my impressions with you. On June 3rd I wrote about a possible double dip in the recession and stated "I have never shown a unit at Las Salinas and won't. I wouldn't want a buyer of mine to buy there." About 20 readers added their comments, most of which were negative. I must admit I wrote without knowing what I was talking about. I should run for Congress.
The listing Realtor describes Unit 112 West this way:
"This may well be the nicest 2/2 available in Las Salinas. Granite counters, Stainless appliances. Basically a completely new unit. Comes with deeded covered parking. Location is great in the condo project and Las Salinas is extremely convenient to the beaches and shopping center areas."
New Kitchen, New Appliances, New Lighting and Clean Everywhere
I did a quick comparison to the other units currently available at Las Salinas and found that other units are priced less on a price per sq ft basis and that a similar sized unit with a better view but which has not been recently updated costs much higher on a per sq ft and real dollar basis. I have not been inside the other units. I suggest a potential buyer look at several and then determine which works best as far as price, location, view, and most importantly how the units compare as to functionality. If you think about it, moving into a place that appears all new has to make you feel better than moving into a place that you feel you need to paint or repair to make it more livable. Unit 112 West is offered at $229,000.
This unit has a Deeded Covered Parking Space
There are currently 15 homes, condos and townhomes for sale in Key West that are priced under $250,000. CLICK HERE to view the Key West mls datasheet on this unit. And CLICK HERE to see the rest of the photos I took of this unit. This building is about a five minute walk to the South Roosevelt esplanade. You will see walkers, joggers, skaters, bicyclists, and more doing their thing along the scenic waterway. Yes, the ocean sometimes smells. But most of the time it is a scenic delight.
If you would like to see this property or any other property in Key West, please consider working with me, Gary Thomas, 305-766-2642. I am a buyer's agent and a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West. Las Salinas Unit 112 West is worth looking at.
4 comments:
Did you mean that you should have run for president?
I don't have that kind of ego...
You can dress a pig in a dress but its still a pig. You can update these condos with granite and stainless and bamboo and the like but it is still a low end property with many rental units and there have been several short sales and foreclosed units.
You can overbuild / over renovate for the building. You were there three times and that is three too many. A recent front page article in the Blue paper shows how a renter is being sued by the condo association for the owners default on condo fees due to foreclosure. Look it up as it is an interesting read on how condo associations can go after tenants for unpaid owner fees due in Florida.
Too many negatives about these units heard all over town and its reputation will turn off potential lookers and similar units sell for less.
My two cents as a native Conch.
This post was wonderful and that pool was gorgeous I am imagining myself swimming in that fantastic pool I love it. Big thanks.
Charles A
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