Key West Home Buy Christmas - 611 Southard Street #3

 Just listed by Preferred Properties Key West, that's where I work but this is not my listing, 611 Southard Street Unit #3, Key West, Florida. This second floor condominium is located in a building that was built circa 1874.  The unit itself was stylishly updated a few years ago.  It has all of the modern amenities but retains the charm of the historic house.  And it has a very valuable asset that few condominiums on Old Town have: a transient rental license which allows an owner to rent the unit on a daily basis if so desired.

611 Southard St as it appeared in 1965

The listing Realtor describes this new listing as:

"Wonderfully located one bedroom unit at Hollinsed House with a rental transient license, included. Walk to all Old Town locations with ease yet enjoy the quiet of the second floor location and balcony. Very well kept up - totally re-done with professional decorator in 2008 - and it has a great rental record."

611 Southard Street - December 2012

I have a theory about Key West porches: tourists like to sit on porches and watch people walk by while imagining how wonderful it would be to live here. Locals sit on their porches and do absolutely nothing and enjoy every minute of it. The above photo was taken of the porch off unit #3 which looks down onto Southard Street.

 The unit itself is 675 sq ft in space that is divided into the open living area, galley kitchen, bathroom, and bedroom. Dade County Pine walls and original wood floors fill this space with a richness often not found in newly built condos.  The views from the old windows are of similar old homes on Southard Street or a partial view of the pool below on the west side of the complex.

 
 611 Southard Street #3 is offered at $479,000 which includes the valuable transient rental license and all furnishings.  CLICK HERE to view the Key West Association of Realtors mls datasheet and to see listing photos.  Better yet, please call me, Gary Thomas, 305-766-2642 to schedule a showing. (Showings are restricted to "turn-around days" when guests checkout.) I am a buyers agent and a full time Realtor at Preferred Properties Key West. If you buy this unit you will have a home in Key West by next Christmas where you can sit on your porch and feel sorry for all the poor people up north who have to shovel snow and drive in smog filled cities.

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This Will Sell in a New York Minute

611 Southard Street Unit # 3 offered at $434,900

Everybody knows what a New York Minute is, right? I checked the URBAN DICTIONARY for a readily understandable definition and read this:

Approximately 36 seconds, as opposed to the normal 60 seconds in a minute

"So would you do her?"
"In a new york minute."

When I first saw the new Hollingshed House listing at 611 Southard Street Unit #3 I knew instantly that it would sell in a New York Minute. This is how the listing agent describes this property:

"Wonderful property with EXCELLENT rental record. Transient License included! One block from Duval. Totally renovated in 2008. Wood floors, new Kitchen and bath. Professionally decorated."

This very same Hollingshed House unit was listed for sale on December 12, 2006 and sold (closed) 39 days later. That is a New York Minute in Key West real estate speak. And I think the current asking price, location, and Transient Rental License will create the same buyer response in our current market. Here is why: This Hollingshed House unit is a bit larger than a typical Shipyard Condominium unit. The Hollingshed House unit has just one bedroom whereas most at Shipyard fit two bedrooms into the same square footage or less. The Hollingshed House pool is shared by only a couple of other units whereas Shipyard pool is shared by half of New Jersey at any given moment. This second floor unit has a balcony which provides views of the comings and goings on Southard Street as people make their treks to Duval Street and beyond. Unit #3 is offered at $434,900.

Sarabeth's is located across the street. Fast Buck Freddie's is a block away at the corner of Duval and Fleming Streets. Starbucks, Rick's, Sloppy's, and tons of bars and feederies are located to the north. You will find some fine dining establishments to the south including La Trattoria, Antonia's, 915, Martin's, La Te Da, and Denny's. (I went there once. That was enough.) There is live theatre at The Waterfront Playhouse and The Red Barn. The Tropic Cinema always has something you will not see at the Regal Cinema in New Town. The Tennessee Williams Theatre is a jaunt so you will need friends or a taxi, but Key West has lots of taxis and lots of people who are very friendly.

CLICK HERE to view the mls listing info on this property. Do your comparison shopping and you will likely agree with me that this property will sell in a New York Minute. Please call me, Gary Thomas, 305-766-2642 to schedule a showing. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West, Florida.