Just Listed, but not by me,
1425 Whalton Street,
Key West. This modest looking three bedroom ranch was built in 1963 and sits on an 8775 square foot lot at the corners of Whalton and Von Phister Streets in the tony
Casa Marina Area of Key West. There are three salient facts in the preceding sentence that potential home buyers and renovators One - the date of construction means this house is not a contributing structure to out Historic Housing and may be torn down and a new home built. Two - the corner lot has 97 feet frontage on the Von Phister Street side. Some might argue the Von Phister street address adds more value to the property just by the address. From my perspective the lot size opens the property to a multitude of renovation or new construction opportunities. Three - it's Casa Marina baby! This is where the other rich folk want to live.
Readers of my blog may recall my last Projects of Key West blog where I noted the sale of 1506 Grinnell Street which sold in 2015 for $1.3 million and then torn down only to start construction on a new house. See photos below. That property is located one block south and one block west of 1425 Whalton Street. The dynamics of the neighborhood are the same. Both addresses command high sales prices because new houses on large lots will be worth substantially more when a new house is built.
Most of the homes in the Casa Marina Area sit on lots larger than 5,000 square feet which in many cases is twice the size of lots in the Old Town area. This
8775 square foot lot offers great development potential compared to restrictions in Old Town. 1425 Whalton Street has one mahogany tree located in the northeast corner. Otherwise, a new owner should be able to create a new home and landscaping plan that meets the desires of the owner unburdened by the whims of tree huggers. Also note the lot has abundant sunshine from the south, north, and west. This means a new pool could have abundant sunshine throughout the day.
The Casa Marina Area is located south of United Street and west of White Street where it ends at Louie's Backyard. Higg's Beach is the southern boundary. Astro City is a playground for the kids. There are two doggie parks segregated by size. There's a burger joint at the beach and of course there's always Louie's for sophisticated drinking and dining. But it's the beach from early morning until sunset that draws so many of us to the Casa.
CLICK HERE to view the Key West MLS datasheet for more particular details on the property and 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. I live in the Casa Marina Area and love it. I know you will too.
