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Saturday, April 17, 2021

So You Think Key West Real Estate Prices Are High, Check This Out


I woke up earlier than usual today and was passing time on Twitter when I saw a couple of photos from a house for sale at 702 Fremont Avenue, South Pasadena, California. The poster commented about prices being out of control. People are saying the same thing about the price of houses in Key West. So I decided to GOOGLE the house. 

A couple of photos of the house, to wit:

Doesn't look so bad to me.  

Okay, it needs some roof and drywall work done.

So it needs a lot of work. Offered for sale at $1,395,000. 

I searched the Key West MLS for active single family houses priced $1,390,000 to $1,400,000 and found only one house. It is located at 3122 Riviera Canal Drive, Key West. It is offered for sale at $1,395,000. Same cost, different coasts. You decide.

The backyard and pool open out to the Riviera Canal which runs about a mile or so until it flows into the Cow Key Channel and then out to the Atlantic Ocean.

Opposing view from the canal looking toward the house. That tree in the foreground is a frangipani or plumeria tree. They have fragrant beautiful flowers which are used in making perfume. 

Maybe the Twitter guy who complained about the South Pasadena housing prices is correct. Then again Key West has its own very expensive fixer uppers. But at the $1,395,000 price point, Key West beats South Pasadena to pieces. 







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