703 Eaton Street #2, Key West - Bank Owned Condo - Old Town

The newly reduced asking price on the Bank Owned Condo located at 703 Eaton Street #2 in Key West certainly made this property a lot more desirable. Now it is offered at just $435,900 or $434 per sq ft for this 1003 sq ft second floor unit. 

Soon after I moved to Key West in December 1993 I got invited to a lot of parties and get-togethers including a cocktail party at 703 Eaton Street which was then a single family home owned by a local doctor and author. I met a lot of very interesting people that night - I mean a lot!  That is something new comers to town can look forward to. Key West is very welcoming to all who come here. You can be as big a member of the community as you want or you can be anonymous. There is room for every.  When I arrived I immediately noticed this home was not like the other old houses I had been in because it wasn't old. In fact the original house pictured above was razed in the 1970s. The current building was constructed in 1979.  The building is quite large and was converted into

condominiums after the good doctor sold it several years ago.

The building layout and unit layout is very simple. Entrance to the property is controlled by a keyed entry system that really works. This unit owner will enter off a gate on the Elizabeth Street entrance and walk up a stairway to a separate gated entry to the covered exterior hall with views of Eaton Street. You enter into the living room which has a fireplace on one wall. There is a large balcony which overlooks the shared pool below. The compact kitchen is located adjacent to the entry. The master bedroom suite is located on the west side of the unit and the guest bedroom is located on the east side.

The second bedroom is located on the opposite side of the living room. This spatial separation gives the owner and guests or roommates privacy.  If you have looked at some of the more expensive units in Truman Annex you'll appreciate what I am saying. Oh, and this unit has views of the pool from both the living room and the master bedroom. 

The guest bath is located at the end of the hallway and adjacent to the second bedroom. Both bedrooms have ample closet space.

703 Eaton Street is located two blocks from the Historic Seaport and two blocks from Duval Street. You and your guests can walk to everyplace you might need to go in a matter of minutes, well, almost everything. The new 24 hour gym is located one block away. Starbucks is two blocks. Fausto's is one block away. I lived a little over a bock away for the first eighteen months I was in Key West. You can't beat the location for convenience. The traffic really does slow down to a trickle at night. CLICK HERE to view more photos I took of this unit. 

CLICK HERE to view the Key West MLS datasheet. 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.