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Saturday, November 22, 2014

1711 Atlantic Blvd. Key West - New Lower Price - New Higher Height

1711 Atlantic Boulevard in Key West was originally offered at $680,000 just before Christmas in 2013. The price was reduced to $630,000 in April 2014. The asking price on this mid-century modern home was just reduced to $590,000

The listing Realtor, not me, describes 1711 Atlantic Boulevard this way:
"40,000 PRICE REDUCTION! Motivated seller! This solidly built concrete home is unique on Atlantic Blvd. as it was built on top of 5 feet of fill making this the most elevated lot on Atlantic Drive. A nature preserve is the only thing separating this home from the Atlantic Ocean and ensures privacy from the front.This home is large and currently has 3 bedrooms, 2 baths and was built in the mid-century modern style of architecture. The home is surrounded by a concrete wall with iron access gates at the front. There is a two car garage and as an added bonus, there is a very large shed/workshop in the rear yard that could be converted into a guest bedroom or artist studio. Even with the shed, there is room for a nice sized pool."
The house sits on a large lot  8050 square feet (70' X 111') across from the City of Key West Nature Preserve which is located between the Key West Beach Club Condominiums to the west and 1800 Atlantic Condominiums to the east. Nothing will ever be built on the nature preserve - no houses, no condos, no nothing.
It is all the land, all 8050 square feet of it, that makes this property so intriguing either as a renovation project or as a tear-down and build new site. While most of the houses in the Old Town and Meadows Area  cannot be torn down to create a new building, there is no such prohibition in this area of the city.  Key West voters passed a referendum that now allows property owners to build houses up to forty feet height limit which would give a new house on this location an unparallelled view of the ocean. I was not in favor of the law, but now that it is the law, developers are sure to exploit lots like this so build dazzling homes with water views. And with the nature conservancy located across the street, there is never going to be something built to interfere with the water view.   CLICK HERE to view more photos I took of the house and grounds. The entire house is a total redo in my opinion. The photos will help you see what you have to work with. The house is very solid. Don't let the dated interiors deter you from taking a look.

CLICK HERE to view the Key West mls datasheet on this property. Then please call me, Gary Thomas, 305-766-2642 to schedule a showing of this property.  I am a full time Realtor and a buyers agent at Preferred Properties Key West.


Click GOOGLE MAP for a view of this home.

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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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