Just
Listed by Preferred Properties
714 Passover Lane, Key West. Buyers
looking for a fixer property should take a look at this architecturally
interesting three story home located on an irregular
6,547 sq ft lot in
the heart of Old Town. I dug into my old shoe box and found two photos
that show the house in 1965 and later in 1973 just as Key West was being
re-discovered by a generation of poets, authors, and artists of all
types.
The 1965 photo shows the sagging front porch and missing slats on the
east facing side. The house northwest toward Passover Lane.
Passover
Lane remains one of the walking lanes in Key West. It is not wide
enough for a car. There are but four houses on this lane each of which has been updated and improved over the years
including 714 Passover which now has novelty
siding and wrap-around porches on the first and second floors and a roof-top deck on the third level.
I
recall having been inside this house years ago when I was an agent at
the former Prudential Knight Gardner Realty. At that time I saw this
place as a lot of work. I have watched house after house in Old Town get renovated and made into something much better than before in most instances. The property looks like so many of the houses before they were renovated to new high-end standards. Now I really do appreciate the potential this
house, lot, and location offer as perhaps a throw-back to less programmed renovation and more of a return to basics kind of place.
A
separate stand alone cottage above adds both character and development
potential to this very large lot that is peppered with trees including a grand Royal Poinciana located on the
east facing Windsor.
I
have never quite understood what the falling down structure on Windsor
Lane is but its existence adds real value when it comes time to develop a
new site plan. Perhaps giving up this structure provides a new off
street parking space. The property is zone HMDR and has three ROGO
units. I think the highest and best use would be as a nice single
family home with guest cottage, pool, and off street parking in a great location. See the aerial photo below.
CLICK HERE to view the Key West MLS datasheet on
714 Passover Lane, Key West, 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.
3 comments:
I apologize to readers. My system is not working correctly.
Rumor has it that the non-contributing structure now falling down was once a Hotel No-Tell. I can’t say from personal experience but that is the rumor. I would ask the neighbors 50 feet to the North but they don’t say too much. Regardless, what an amazing property for someone looking for a most unique property in Old Town, Key West.
A fellow realtor suggested that this building might qualify for removal because the third floor "addition" is illegal. I have no idea. A land use attorney may be able to address that possibility. If true, the lot may be worth the cost. This is a great location.
Gary
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