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Sunday, September 6, 2020

3838 Flagler Avenue, Key West

It is amazing how much Key West has changed in the last thirty years. But it is more amazing how it has changed from 100 years ago when the photo at the top of today's blog was taken on the eastern end of the island looking southwest on Flagler Avenue. That is where today's house is located.
3838 Flagler Avenue, Key West
The listing Realtor describes 3838 Flagler Avenue this way:
"Create your private Key West waterfront oasis in this Mid Century Modern Marvel with quick boating access to the open water of the Atlantic or the Gulf. Come discover the potential of this sprawling single level home surrounded by tropical courtyards and covered patios overlooking a large canal-side pool. A unique and architecturally fabulous 2 bay carport graciously leads you behind the CBS privacy walls.The main house totals 3bd/2ba plus a large guesthouse and bath for a total of 4bd/3ba and room to incorporate another bedroom, office or bonus space in the existing floor plan. Large panes of glass and walls of sliding glass doors invite the outdoors in and frame this open palette awaiting your renovation dream."
The 3,189 Sq Ft house sits on a 9,450 Sq Ft Lot at the eastern end of Key West and the terminus of Sunrise Canal which flows in the the Atlantic Ocean. The house was built in 1968 and is solid CBS construction and was updated in the early 1990s. The house has been well maintained but it is dated. This is one of a few homes actually on the water for sale at this time. I consider it a buying opportunity. Let's look at the interior and then the pool and water views.
You enter the home thru courtyard (fallen into disrepair as the owners have passed) and the landscaping has been allowed to dither a bit. The space and elegance of the entrance can be easily brought back to life. Nature thrives in Key West. Bring your vision. You proceed into the house thru two large glass panel doors into the living room which has a massive fireplace. The expansive dining room then comes into view. Windows and glass panel doors expose the pool and canal beyond. The combined living and dining area are larger than a Shipyard condo.
Glass panel doors at the end of the family room open out to a covered patio that wraps around to the gated entry. Additional large windows bring abundant light into this space.
Three of the bedrooms are located on the east side of the house where a long hallway separates the the bedrooms from the living area. A guest cottage with bath is located the very rear of the lot and can be seen above.
The house is certainly livable as it is but could be so much more if renovated. The house at 3810 Flagler was renovated and sold in March 2020 for $4,000,000.  That is not to suggest this house would sell for that much. But it does suggest that the waterfront location and quality renovation can create new value where a century ago there was only a gravel road and scrub brush and trees.
The Sunrise Canal flows into the Riviera Canal which flows into Cow Key Channel and the Atlantic Ocean
CLICK HERE to viiew the Key West MLS datasheet with listing photos of 3838 Flagler Avenue, Key West offered for sale at $1,120,000. 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.

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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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