Just listed (but not by me)
1428 White Street in the
Casa Marina Area of
Key West,
Florida. This home was built in 2000 by David Wolkowsky, the man who
built the world famous Pier House at the foot of Duval Street and who
built many homes in Key West over the years. His properties are
legendary. This is one of those legendary homes.
Wolkowsky's
homes are not reinterpretations of old Conch houses with
white picket fences you would expect to see in Old Town. Instead, his
homes evoke a sense of mystique, grandeur, and prominence. A story high privacy wall set off by two giant
Balinese doors let visitors know that this must be someplace important.
The
Balinese doors open to the a covered portico along the south side of
the home which leads to the rear courtyard with
its serene
34' X 10' pool with fountains at either end. The
entire main floor of the home has travertine marble floors. The
travertine extends out to the covered lanai. French doors in
the living area are open to the lanai the garden and pool creating one magical living space.
The
home has 1680 sq ft of refined living space divided between two floors.
There are three bedrooms and three bathrooms. The first floor bedroom
can alternatively be used as a den. The current owners use this space as
a dining room. Two sets of double doors provide
either privacy if the space is used as a bedroom or they can be left
open and incorporate the area into the living room. The adjacent bath
serves both the
den/bedroom and the kitchen on the opposite wall. Having the potential
to use this space as a bedroom in later years is an option worth
considering. You never know when climbing stairs might become an
issue.The
kitchen has rich wood cabinets that reach to the ceiling. The kitchen
door opens out to a secondary back
entry off the parking area which makes bringing the groceries less of a
chore.
The master suite is located
at the rear. There is a dressing area just off the bedroom that leads
to the bath. The en-suite bath features slate tiles on
the floors and walls. The space is unexpectedly exotic. French doors
open out from the master bedroom to the rear second floor balcony. The
pool and garden are below. The second floor guest suite is located on
the front side of the house. The guest bedroom, bath, and dressing area
run the front length of the house. Guests may feel so comfortable they
may never want to leave.
The
dog park, Doggie Beach, Higg's Beach, Salute on the Beach, the White
Street Pier, the Queer Pier, and Louie's Backyard are all withing easy
walking distance. Your dog will love you even more if you buy this
house.
CLICK HERE to view the Key West MLS datasheet and listing photos of
1428 White Street which is offered for sale at
$1,569,000. Then please call me,
Gary Thomas,
305-766-2642, to schedule a private showing. I am a buyers agent and a full time Realtor at
Preferred Properties Key West. I live in this area and can provide any buyer a wealth of information on the area and the homes.
7 comments:
Curious as to the justification for a 245k increase in only 12 mos (sold for 805k last December)? 30%+ returns are nice, but usually are a house of cards/scheme when it comes out in the wash. And no, this is not your ex.
http://keywestproperties.blogspot.com/2013/11/1428-white-street-casa-marina-area-key.html?m=1
Dear Anon, The house sold in December 2013 for $805,000 cash in two days on the market. I submitted an offer for a buyer who was heartbrokern he did not get the deal because it was a real deal. The house sold way below market value in my opinion. And it wasn't just my opinion. Others agreed. It is listed at $625 per sq ft. I did a quick mls search of active 3 bedroom and 3 bath homes in Meadows, Casa Marina, and Old Town and determined the median price per sq ft to be $705, So the listing Realtor has this fine home priced below the market to some degree. We shall see what new houses get listed in the prime areas in the next 60 days. I will bet they will be priced higher than $625 per sq ft. Some readers may remember the sale of 731 Waddell from a few years back. It sold in October 2010 for $900,000. The owner made a career change and re-sold it in October 2011 for $1,200,000. I'd love to have that house for sale now. It would be worth a lot more. Don't underestimate the on 1428 White Street - Casa Marina Area - Key West
As a loyal reader and owner of various properties in Key West I'm frankly getting sick of questions like this one. I don't think owners need to justify what they list properties for. However, if justifications are needed, here's one...simply put, the supply is low and the demand is high. Go out and try to find a better house for the money than 1428 White. Likely not going to happen. The story Gary shared about 731 Waddell was a good one. When he blogged about that new listing all people did was cry and whine about the listing price. It sold in no time. My guess is the people who are always so upset about situations like this didn't buy the properties when the price was lower and the demand was less. So many people try to knock others success. It really sad to hear. Instead of comments like demanding pricing justifications try one like "wow that was a great buy at $805,000...smart buyer back then".
Sales season is getting ready to kick into full swing. It's going to be nothing short of insane. My advice is cut and paste comments like this because you'll need them weekly here very soon. He who hesitates is lost.
It was a perfectly valid question. Some people like the first are very analytical bean counters or there may be more to the story than bare numbers.
Other people are overly emotionally charged.
Either way, both types of personalities are entitle to opinions and should be allowed to ask questions.
Gary is kind enough to provide additional thoughts and insight. This "loyal reader" appreciate that, too.
I have started to write a blog about a particular buyer I worked with who had an MBA in Finance from a most prestigious Ivy League School. He could not win for loosing - it was all about numbers for him. His decisions had to be supported by numbers.
Usually within a matter of a couple of years those few thousand dollars that hold a buyer or seller from making a deal disappear. For a seller, the asset (or problem)goes away. If its and asset, the money gets directed to some other place which offers new possibilities. If its is a problem, the burden may be gone. And that can be a very good thing.
For a buyer home values rise and rise year over year. For most of the people who bought at the bottom of our market, the values of their homes have appreciated.
There are lots of places in Florida with water views and palm trees. There is only one Key West. It's at the end of the line. It takes a long time to get here. It costs a lot of money to buy here. But when you live here you know there is no other place like Key West.
Gary
The house next door to this house sold earlier this year for a similar price to the 805K. This house may be in Casa Marina but its location on White puts it into a very different category. On the other hand prices are rising in Key West so it would be unreasonalble for someone to think they could buy this house this year for only 805K. It will be interesting to see what this house sells for. I am a home owner in Key West so I hope that the seller gets their price.
under contract today...told ya
he who hesitates is lost
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