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Saturday, October 30, 2021

Another Recent Key West Real Estate Transaction of Interest

Yesterday I blogged about the sale of an empty lot in the tony Casa Marina Area of Key West. Astounding price. Two days on the market. 

Later in the day a fellow Realtor listed a small guest house near my office for over $6 million. Bonkers Asking Price or so I thought. We shall see what happens to that. 

Shortly after seeing the listing post in the MLS I saw a transaction hit the Monroe County Clerk of Court Record in the DEEDS section. Two guest houses located on Duval Street sold to one buyer. First, let's look at what they were.

1317 Duval Street over the years

Guest cabins

Casa Blano Apartments

Still apartments in 1973. Image by Edwin O.Swift III

Most recently Avalon Guest House

1012 Duval Street

Photo from the mid 1960s. 

From 2009 1012 Duval Gardens Hotel


 Current Duval Gardens Hotel

Okay, I will end the suspense. Both properties were purchased on October 20, 2021 for $19,690,000. The properties did not go through the MLS so I presume no realtors were involved. 

Congratulations to the seller and buyer. 


 








1 comment:

Anonymous said...

Southernmost house was the buyer...they kinda got a deal actually.

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