The listing Realtor describes aptly describes
1724 Rose Street in
Key West this way:
"Opportunity knocks! This home sits on a very large corner lot near the beaches
& White Street Pier. The house needs work but has a great floor plan that
opens to the spacious, private rear yard. There is an open floor plan with the
kitchen, Florida room & dining room all opening to each other and to the
outdoors. The master bedroom en suite also opens to the outdoors. Two more guest
rooms share a bath. There is a lot of space inside and out on a large corner lot
in a great location."
Click
GOOGLE MAP for an aerial view of this location and its proximity to the beaches. This is a suburban neighborhood where many of the 1950s vintage homes have been updated and or expanded or new houses placed on the large lots that are the norm for this area. 1724 Rose Street is a large corner lot 79' X 100' or 7932 sq ft. The existing three bedroom two bath house has 1518 sq ft of living space under air conditioning. Now this is not the typical cigar maker cottage or Grand Conch house that I write about. Instead, this is a property that may appeal to a local looking for a place that can be renovated and made back into a nice single family home in a good neighborhood. Or maybe the property will appeal to a buyer who wants a large lot with a house that is priced so affordably that it could be torn down and a new house built and still be priced less than other new construction in the area.
A concrete block privacy fence separates the house from the street. The front door sits maybe twenty feet from the fence. The east and west side yards provide similar separation from Josephine street to the east and the adjacent home to the west. The back yard is extra large and probably has a thirty foot separation between the house and the back fence, In other word, the space is immense and offers all kinds of development possibilities.
The inside of the house has a big open living area with plenty of space for informal living. Multiple sets of doors open out to the semi-covered loggia on the side and rear of the house. The kitchen obviously is dated and reflects a design of another generation. The floors appear to be Cuban tiles. The master bedroom also has glass panel doors that open out to the rear. That bedroom has an en-suite bath. The two other bedrooms share a bath. If the house were to be renovated, there is plenty of space to reconfigure room spaces and usages.
A new owner might consider taking down the existing structure all together and building a new house that would be elevated to current flood elevation levels. The new house would likely have hardiboard siding and use wind impact glass windows which would make insurance rates much more affordable. A new owner might even elect to put a modular home on the lot which could significantly reduce construction costs. I am confident a new owner would add a pool. I understand most pool companies are pricing new pools around $30,000 to $35,0000 as a starting price.
CLICK HERE to view more photos I took of this property.
CLICK HERE to view the Key West mls datsheet on
1724 Rose Street. Then please call me,
Gary Thomas,
305-766-2642 to schedule a private showing of this property. I am a buyers agent and a full time Realtor at Preferred Properties Key West. Let me help you find your place in Paradise.
