This is how the listing agent describes the property at 811 Southard Street in Old Town Key West: "The Mansion on Southard is an elegant historic estate beautifully renovated and restored. This 2008 Winner of the Prestigious Ceramic Star for Historic Preservation is the among the most elegant and luxurious homes in the historic district. High quality designer finishes including high ceilings, crown moldings, chef's kitchen, large open floor plan with amazing covered decks overlooking a huge and lush tropical lot. Off Street Parking, separate guest house, incredible pool and outdoor kitchen/bar area make this an Elegant Oasis For Island Living. This is a potential short sale subject to lender approval."
This stately property is quite large by Key West standards. The house is 3812 sq ft and sits on a large 8882 sq ft lot in the heart of Old Town. CLICK HERE to view some photos of the interior and exterior of this beautiful home.
If you did click the link you saw that the house has the following: 5 bedrooms, 4 baths in the main house and a detached one bedroom one bath guest house. The main house has a fireplace in the living room, a formal dining room, a casual dining area, a new pool, and cabana.The custom kitchen is finished in granite, Viking professional appliances, wine cooler, pass-through, breakfast nook, computer station & walk-in pantry. The spacious master suite includes a luxurious bath & custom closet. Beautiful outdoor living space with large new pool, waterfall, spa, shower & a fully equipped kitchen.
This property was listed for $5,300,000. Now the property is offered as a short sale at the incredible price of $2,995,000 or $786 per sq ft. For the buyer with the bucks and an eye for value, I would point out that adjacent development parcels are also available. That means to me that one could enlarge the already spacious grounds to create an even larger living space.
If you are among the select group of potential buyers for a home like this, please contact me, Gary Thomas, 305-766-2642 or e-mail me at kw1101v@aol.com to obtain more information. I have no personal knowledge as to what a lender may or may not accept on a property like this. But I do know that most lenders are considering reasonable offers from individuals with a shown financial ability to perform.
