I wrote about 819 Terry Lane in the Bahama Village section of Key West right after it was listed on March 27th as a short sale. I showed the house several times and got several phone calls and emails from interested buyers. I knew the house would go under contract very quickly as the price was low and the house had so much to offer potential buyers. The property did go under contract. But the property went back on the market late Tuesday. Now you dilly-dallers have a second chance. The listing agent describes this charming cottage home this way:
"Classic conch style house on a lane in Old Town Key West, new roof, new tankless water heater and a Viking stove. It is a 2 bed/1 bath with room for a pool. Short walk to dinning, shopping and Fort Zachary Taylor beach."The 700 sq ft cottage was updated in 2005 including the installation of a new metal roof. The house sits on a decent sized lot for this area (21' x 96' or 1907 sq ft). The rear portion of the lot has a lot of unused space which means a new owner could install a pool. There is a small cottage already in existence. That cottage might make a nice poolside bar.
The property does have HARC approved plans for adding a second floor at the rear . As currently configured, the house has a living room at front followed by two bedrooms, a bath, and the kitchen at the rear. The house needs a deep cleaning, a fresh coat of paint, some new window treatments, and an owner with a green thumb to restore the garden. The asking price has been increased $290,000 on this Short Sale property. CLICK HERE to view the Key West mls datasheet. And you can CLICK HERE to see some additional pics I took in March.
If you would like to see this house or any other property for sale in Key West, please contact me, Gary Thomas, 305-766-2642 or send me an email at kw1101v@aol.com. I am a buyers agent and a full time Realtor at Preferred Properties Coastal Realty, Inc. This cute cottage will sell quickly. Don't wait - this Key West Short Sale will be under contract again within a couple of days.