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Tuesday, March 10, 2020

1423 Von Phister Street, Key West - Just Listed


Just Listed 1413 Von Phister Street, Key West. This house was built in 1948 just after America began to rebuild after World Wat II and has been renovated to meet the needs of its long time owner, an artist of international repute. The house three bedroom, two bath house has 1,470 Sq Ft of interior living space and sits on a large 92.5' X 92.5' square foot lot in the Casa Marina East part of town. 
The house has a red tile roof, red tile floors, arches and French doors galore. It is unique in all of Key West. It has a giant sunny pool and sunbathing areas and gardens what's more.
The lot is nearly wrapped in greenery with bricked paths leading to urns, statues, artifacts, and treasures. The interiors are filled with collections of books, antiques, and art.
I showed this home several times when it was offered for sale a dozen years ago. I thought it was absolutely great. Not everyone can appreciate the art and collections which are not a part of the sale. Some may not be able to see the beauty of the property because of the immensity of the collection.

1423 Von Phister is offered for sale at $1,175,000 which is $142 per sq ft for land value.  A new owner may consider purchasing the site for demolition of the current house and construction of a new home which I consider a viable auction to renovation. This house is not a tear down by any means. But it could be razed and a new house built there. The location deserves to be considered.

A nearby home of similar age and construction at 1523 Washington Street sold in October 2018 for $1,034,000 or $110 per square foot for land value. That house was razed for the construction of a new home.
1523 Washington Street
February 2020

1100 Von Phister Street sold in September 2018 for $1,175,000 or $134 per sq ft. That home was later razed and a new 3,300 sq ft home built there.
1100 Von Phister St before demolition
1100 Von Phister St 2020
1424 Whalton Street, also located in the Casa Marina Area, sold in March 2020 for $1.182,747 or $277 per sq ft.  I understand the new owner plans to raze that concrete block house build in 1953 and replace with a new home.
1420 Whalton SOLD March 2020
While many returning visitors usually consider buying an historic homes in th e Ole town area, others seek larger homes on larger lots venture to other neighborhoods including the Casa Marina, the Meadows, and homes near the beaches.

The Island of Key West measures four miles long by one mile wide. You can get just about any place on the island within five to ten minutes - even during peak season.  If you are seeking a place in Key West CLICK HERE to view the Key West MLS datasheet and listing photos for 1423 Von Phister Street, 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.

4 comments:

FloridaAG said...

I hate looking at that abomination going up at 1100 Von Phister when I walk by with the dogs

Anonymous said...

That abomination is a vast improvement from the previous home. Gary I'm sure you love seeing that addition to the neighborhood...especially when it comes to the value of your home across the street.

Bayport Bob said...

1423 is just amazing to see with all of the landscaping and belongings on display. it's a place that no longer exists much anymore and will be a shame to see it go, but to be honest it would take a lot to make the place livable, especially in the kitchen which has seen better days. all that being said, I really like that home.

Gary Thomas said...

Dear Readers, The blog is about 1423 Von Phister and not the other houses which I referenced to demonstrate the value of location.

I was inside 1100 Von Phister St a couple of weeks ago. i sold the former house and was invited to see the new house designed by Matthew Stratton - my suggestion by the way.

The house is very large, has big rooms, big walls for displaying art, and big view of the pool.

It is not typical of Key West.

Gary

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