1201 Pearl Street, Key West - Bank Owned

The newly listed Bank Owned property at 1201 Pearl Street in Key West will surely attract a lot of attention and for good reason.  The house was updated about 20 years ago when the interiors were remodeled, kitchen and baths updated, and pool added. There is off street parking for two cars. And it is located near schools and Bayview Park. Asking just $480,000.

I found 1201 Pearl Street on the 1912 Sanborn Fire Map for Key West. The prior additions neglected this area. That means the house existed as of 1912 but could have built much earlier. I also found of the house taken fifty years ago. The photo is faded and looks more like it was taken a hundred years ago. At first glance you may think I got the photo mixed-up with some other property. Taint the case. The front entry was flipped from the right side to the left. The steps to the front porch are still located in the same place. A privacy screen was added to the left side of the porch. The jalousie windows have been replaced. The 1950s ear carport was nixed and that area was enclosed to provide privacy for the new pool.

The listing Realtor, not me, describes this two bedroom two bath home this way:

"Great 2/2 single family home with a private pool. Large great room with cathedral ceilings and skylights. One bedroom and full bath upstairs with lots of storage. Open kitchen with washer and dryer area. French doors overlooking private yard and pool. Fully fenced corner lot. Midtown location close to schools, shopping and beaches."

The original house was totally reconfigured during the renovation and expansion that occurred in 1995-1996.  The entry was relocated to the left side of the house where the hall leads past the front bedroom and bath to the new great room and kitchen at the rear. Midway there is new stairway that leads up and back towards the front of the original house. There is now a full bedroom and bath on this level. The old metal louver shutter seen in the black and white photo above still opens out to view Pearl Street below.

A new V-crimp roof and all new windows and doors were added throughout this house during the renovation. Double sets of French doors open out the deck and pool area. The garden area is now overgrown. As I stood taking photos I could tell the former owners had taken good care of this house and must have loved the outdoor space. CLICK HERE to see all the photos I took of this property.

CLICK HERE to view the Key West Association of Realtors mls datasheet on 1201 Pearl Street located two houses away from the famous Rose Tattoo House and around the corner from the former home of Tennessee Williams. After you have looked at the listing info, please call me, Gary Thomas, 305-766-2642 to set up a private showing. I am a buyers agent and a full time Realtor at Preferred Properties Key West.