1115 South Street - Casa Marina Area - Key West

I have written about 1115 South Street a few times. I have shown this house several times. It has not sold. I think this is a very nice house in a very good Casa Marina location. I think the new asking price of $790,000 makes this house worthy of a second look by potential buyers that looked at it when it was priced as high as $1,285,000 and also makes it worthy of a first look by new buyers.

Let's start with the location. 1115 South Street is located in the Casa Marina area of Key West. Click the MAP to get a sense of why I think this location is so great. You come to Key West to enjoy the outdoors. We are on a little island at the end of the road. It takes time to get here. So not everyone comes here. Plenty of "boat people" as I call them get off the cruise ships and take Conch Train rides or rent scooters or bikes to do a Gilligan three hour tour of Key West only to get back on the big boat and head elsewhere.

People that stay a little longer in Key West learn to love the island for its simple beauty. I went down to Higgs Beach this morning to take some photos for you. Of course the memory card on my camera maxed out so I didn't do what I planned. 1115 South Street is a five minute or five block bike ride from the beach. You can do as I did this morning and go down there and watch the beach sweeper manicure the sand for today's beach goers. Later in the day the volleyball players will show up and their sweaty muscles will glisten as they strain to smash the other side. Others will either rent a chair or bring their own from home and find a place to work on that Key West tan. Some regulars have skin that looks like leather. Newbies pale by comparison. But they all enjoy the day in the sun as they watch nothing much happen. You might go over to Salute on the Beach and have a cheap but really good meal. Try the anti pasta platter. You can't beat the price and the food is great. The views are free. Or take a picnic lunch. If you lived in Key West, you could do that daily.




1115 South Street has been on the market for quite a while. It was listed in later 2008 at $1,285,000 and the price was periodically reduced to the current $790,000 or $420 per sq ft. The 1881 sq ft two story home has two bedrooms and two baths. The downstairs is just great. You enter off a great bricked front entry into a great room with very tall ceilings. The place has a feeling of real importance. The rear half of the main floor is the kitchen and dining area. This house has got to appeal to foodies that want to create the ultimate meal day after day in the chef's kitchen. There is a side deck where you grill and dine al fresco. But the pool area at the rear is just so damned beautiful. (I didn't take any pics of my own. Let's go visit so you can see for yourself.) A full bath is also (and I must add oddly) located downstairs.

Upstairs there are two bedrooms. The master is not overly large nor impressive. But it is not bad. It is just a bedroom. The second bedroom is oddly shaped and it shares the second floor bath with the master or uses the downstairs bathroom. The current bed and bath configuration are odd. But for the price and location, I think a smart buyer will snap this place up and hire a talented architect and builder and come up with a different way of utilizing the extra large and unused second floor attic space over the kitchen living area. There is plenty of room to correct the ill conceived present configuration. The new pricing makes a renovation affordable. When you see that pool and see the downstairs you will immediately understand why I like this house at this price.

Potential buyers need to understand that most of the homes in the Casa Marina area are priced much higher. There are few homes available in the Casa Marina area for sale at the moment. The house at 1115 South Street has so much to offer at a very good price. If the house were perfect, the house would cost more. Buy it, fix it, and make out like a bandit.

CLICK HERE to view the mls listing information and to view more interior and pool views of 1115 South Street. Please call me, Gary Thomas, 305-766-2642 to schedule a showing of this property. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West, Florida. If you lived in Key West you could go over to Higgs Beach every morning to watch the sunrise on a new day in Paradise. Whereas if you live in New Jersey you can't. Life is full of choices.

1115 South Street - Casa Marina Area - Key West

The house at 1115 South Street in the Casa Marina Area just had a price reduction to $875,000 or $465 per sq ft. This house was built in 1981. It has two bedrooms, two baths, a very large and open living room. The kitchen is "to-die-for". There are three distinct outdoor areas including a really nice pool. The listing Realtor describes this property this way:

"This house has been beautifully renovated with easy island living in mind. The first floor is open with living/dining and outstanding cook's kitchen and custom burled maple cabinetry, granite countertops and Viking and Bosch appliances and Brazilian cherry floors throughout. Upstairs are two bedrooms, a beautiful bath and an enormous walk-in attic space that easily could be finished for a third bedroom, studio, etc. Ipe decks surround the heated swimming pool and separate spa. There's outdoor dining through French doors and large tropical plantings all around. Old Chicago bricks cover the off street parking area."

This property was originally priced at $1,285,000 and has been gradually reduced to the current asking price. I have shown this house several times. That is why I am writing about it today. This is a very good value at this price, Dear Readers. I am expressing an opinion so please accept it as such. The layout and access of the second bedroom put off some potential buyers that I had. We looked at this house a couple of times and my buyers ultimately settled on another property. But the house was priced much higher at that time. There is more than ample room to reconfigure the second bedroom and now the price makes a cosmetic remodel more reasonable.

CLICK HERE to read more details on this house and to view interior and exterior photos. I may be wrong, but I think this house will sell very quickly now. This is a lot of house for the asking price. Especially in this area. MAP

I live a couple blocks away from this house. Not that I am prejudice, but this is a great part of town. This house is close to everything, but not located right in the middle of it. The Atlantic Ocean is a four or five blocks to the south, Old Town is a ten minute bike ride, and the White Street arts district is a five minute walk to the north.

Please call me, Gary Thomas, 305-766-2642 or email me at kw1101v@aol.com, if you would like more information or to schedule a showing of this really nice home. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West, Florida.