3015 Riviera Drive - Bank Owned - Key West

3015 Riviera Drive Key West

Checkout the photo above. Pretty as a picture, don't you think? I know I usually write quintessential cottages in Old Town. This mid-century home is located in the area where mid-town and new town meet. The price and features make it a property worthy of further consideration. The listing Realtor describes the property this way:

"Fabulous Fannie Mae Property Approved For A HomepathCountertops And Dark Wood Cabinets. Close To The Ocean, Entertainment, And Roads. Owner Occupants Close Before 10 31 11 And Request Up To 3.5% In Closing Costs. Restrictions Appl." Renovation Mortgage. Upgraded Dream Home In Key West! Large Tiles Lead Into Formal Living And Dining Room. Gourmet Kitchen With Granite

Here's the deal from my perspective. The house as currently configured is not quite livable. Someone went to a lot of hard work to remodel this house. There is a large new kitchen that grabs your attention when you walk in the front door. The dining and living area are located toward the back of the house while three bedrooms are off to the right side. The front two bedrooms are livable except some trim works need to be completed. No big deal on that. The master suite is still under construction. It has a re-configured bedroom with very large en-suite bath and extra large walk in closet. The plumbing is roughed in on the bath. Floor tiles, drywall finish, bathroom tile, bath fixtures, lights, and interior trim need to be installed. Outside the rear exterior has been prepped for stucco which remains unfinished. The old shingle roof is still in place and it does look like it needs replaced. This bank owner is offering financing which could include money to complete this property.

In 2009 the house benefited from the FAA retrofitting program that replaced windows, doors, and air conditioning systems for homes under the flight path in Key West. That is a substantial long term improvement to this property.

New Windows Everywhere

The living room has sliders that open out to the back yard. The yard is quite large and has plenty of room for a pool. There is currently a spa located off to the side.

Room for a pool

This house is bank owned and offered at $349,500 or $297 per sq ft. CLICK HERE to view the Key West mls datasheet on this house. I took more photos which you can see if you CLICK HERE.

This house would make a great family home. It is located near the schools, baseball fields, shopping, and water. The houses on the other side of Riviera Drive have direct water access out their back door. Others can use the public boat access about two blocks west at 11th Street. Deep water is about one mile east down the Riviera Canal.

The Atlantic Ocean is about one mile east

If you would like to see this house or any other property in Key West, please contact me, Gary Thomas, 305-766-2642. I am a buyer's agent and a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West.