906 Johnson Street - Casa Marina Area - Key West

Just listed by Preferred Properties, that's where I work but this is not my listing, 906 Johnson Street in the Casa Marina Area of Key West. The listing Realtor describes the property as:

"Outstanding Grand Key West home located in the heart of the Casa Marina, just 2 blocks from the Ocean. Truly a residential masterpiece with 4 bedrooms and 4.5 baths in the main home including a ground floor mother-in law suite,laundry room, guest cottage with a mini kitchen, Man cave or studio and a workshop. The outdoor living space includes built-in grill, very large L shaped heated pool, 1/2 bath, outdoor shower surrounded by Mexican tile, tropical landscaping, lighting and irrigation. Privacy fence surrounds this outstanding property. Must be seen to be appreciated."

 Grand would be an appropriate modifier as this home is grand in size, design, and prominence on a block of equally important large homes. As is the case of many homes in the Casa Marina Area, this home sits behind a tall privacy fence which gives the property a very real sense of privacy.  Upon entering the property you are taken by the quite large front entry flanked by the alluring pool to the east and the garden to the west. Brick paths wrap around the house which lead to the various cottages at the rear.

Rear bricked terrace

 The main house sits behind a private gated entry. Gardens surround the house on either side and then wrap around the house at the rear. The two story home has rich wood flooring and European details throughout. The main home includes three guest rooms, a complete mother-in-law suite or servant's quarters, a formal dining area, a formal living room with fireplace and an equally large and gracious family room that overlooks the rear gardens. The home has an extra large galley kitchen,  a breakfast room that overlooks the large pool and outdoor kitchen on the east side of the property, and a cheerful laundry room that looks out onto the rear gardens as well.

Formal living room with fireplace

 

Family room with bowed wall

Living room in the mother-in-law suite

Current owner uses the informal dining area as sitting area

Galley kitchen

Master suite

There is a guest house at the southeast rear of the property. It is actually a home unto itself with living room, bedroom, small kitchen, and bath. The owners refer to the cottage located at the southwest corner as a "Man Cave" which has a separate bath. You can view more photos if you CLICK HERE.

This home is located just one half block east of the Casa Marina Resort and about two blocks north of Higg's Beach and the Atlantic Ocean. The three blocks of Johnson Street from White Street Reynolds Street might just be the most expensive stretch in all of Key West.  If you think I am appealing to the snob, I am. People who spend a lot of money on a home want to make sure that the surrounding homes are equally valuable. They are in this area. A new owner might want to join the Casa Marina Club where you could use the gym, spa services, private beach, and get a discount on all food and beverage at the hotel.

906 Johnson Street is offered at $2,795,000. CLICK HERE to view the Key West Association of Realtors mls datasheet and to view listing photos.If you would like to schedule an appointment to see this home, please call 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 Key West. Let me help you find your home in Paradise.

Casa Palmera - Sold - Key West

I wrote several blogs about 906 Johnson Street and this will probably be the last. The property closed today and I want to congratulate Cory Held of Preferred Properties Coastal Realty, Inc. who represented the Seller and the Buyer on the sale of this incredible property.

CLICK HERE to see what you missed. 906 Johnson Street is located on one of the very best blocks in Key West. The main house sits behind a private gated entry . Gardens surround the house on either side and then wrap around the house at the rear. The two story home has rich wood flooring and European details throughout. The main home includes three guest rooms, a complete mother-in-law suite or servant's quarters, a formal dining area, a formal living room with fireplace and an equally large and gracious family room that overlooks the rear gardens. The home has an extra large galley kitchen, a breakfast room that overlooks the large pool, and a cheerful laundry room that looks out onto the rear gardens as well.

There is a Casita at the southeast rear of the property. It is actually a home onto itself. A separate Writers cottage or office with it's own bath is located at the southwest corner of the property.

Casa Palmera was originally offered for sale at $3,495,000. It sold at $1,749,000. This was the deal of the year. Congratulations to the seller, the buyer, Cory Held, and Pat Labrada at TIB Bank.

There some real good buying opportunities still left in Key West. CLICK HERE to search the Key West mls to find your good deal. Please call me, Gary Thomas, 305-766-2642 or send me an email at kw1101v@aol.com. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in sunny Key West.

Disparate* House Buys - Key West

*Disparate
Function: adjective
Etymology: Middle English desparat, from Latin disparatus, past participle of disparare to separate, from dis- + parare to prepare — more at pare
Date: 15th century
1 : containing or made up of fundamentally different and often incongruous elements
2 : markedly distinct in quality or character
synonyms see different" from the Merriam Webster Online Dictionary.

I thought it would be interesting to compare similarly priced properties that are located in good locations in the Old Town, Casa Marina and Meadows areas of Key West. The point of the comparison is to show the disparity of similarly priced homes in desirable locations. My criteria:

Property Type Residential
Include Property Subtype Single Family County Monroe County
Statuses Active, Active-Short Sale
Price 1,600,000 to 1,800,000 Area Area 1-2

CLICK HERE to view the ten houses that fit that criteria. I wrote about the smallest of the houses at 511 Frances last week. It is priced at $1,649,000 or $970 per sq ft. The largest of the properties is located at 1307 Truman Avenue. It is a short sale and it is priced at $1,799,000 or $395 per sq ft. (Both properties are listings of my office.) 1307 Truman Avenue is also the least expensive house on a per sq ft basis. The most expensive property on a per sq ft basis is located at 608 Angela Street. It is priced at $1041 per sq ft. (I previously wrote about both houses in detail. 608 Angela is cute, has a great location, was the former home of actor Richard Burton's father, yada, yada, yada. The house at 1307 Truman Avenue is the grande dame of Truman. It is a house from another age and is so damned big that it is almost impractical as a single family residence. I happen to think it is an incredible buy. (I wish I had a buyer for it.)

All houses, even in the same areas and that are similarly priced, are not equal. The average price per square foot on the ten houses is $708. Using that as a benchmark, do your own price point comparison between the various houses. You can see for yourself the disparity between the asking price, size, location, and amenities offered in each of the ten properties.

I need to mention once again the best bargain in Key West: 906 Johnson Street. CLICK HERE to see why I think this house is such a great value. It is offered as a short sale at $1,769,000 or $476 per sq ft -- that is $272 less than the average price of the ten homes shown above on a per square foot basis. 906 Johnson Street was listed earlier this year before it became a short sale at $3,495,000. Somebody is going to get the bargain of this new century on this house.

If you are looking to purchase a primary residence or a second home in Key West please call me, Gary Thomas, 305-766-2642 or contact me by e-mail at kw1101v@aol.com. I am a full time Realtor at Preferred Properties Coastal Realty Inc. in Key West, Florida. Our office is the exclusive lower Florida Keys affiliate of Christie's Great Estates.

Dramatic Price Reduction - Casa Marina - Incredible Value

The asking price on 906 Johnson Street in Casa Marina area is now $1,769,000.

CLICK HERE to to read more about 906 Johnson Street. The "bank" has set this price. This is not wishful thinking. This is the opportunity for a buyer with big bucks to score a grand property at an incredible price.

CLICK HERE to do a price comparison for other similarly priced homes. I have written about some of these homes before. But at the new price of $476 per sq ft, the price of 906 Johnson Street is just too hard to beat.

Please call me, Gary Thomas, 305-766-2642 to schedule a showing. Preferred Properties Coastal Realty, Inc. is the listing broker on this wonderful home.

906 Johnson Street - Casa Marina Estate Property - Now a Short Sale

One of my very favorite homes in Key West just became a short sale. Some buyer is going to own one of the very best houses in all of Key West for a fraction of what it is worth. They don't make houses like this anymore. And you could not duplicate this house if you were to try to build a new one. The cost would be prohibitive.

906 Johnson Street is a 3720 sq ft estate type property situated on a 10,750 sq ft lot located one block from the Atlantic Ocean. You can see the Atlantic Ocean from the master bedroom and master bath on the second floor. The main house has a formal living room with fireplace and an informal family room overlooking the rear terrace. The west wing provides living quarters for staff. There is a separate dining area that overlooks the large pool and outdoor kitchen on the east side of the property. The master bedrooms and master bath have ocean views. These two rooms are just elegant without being prissy. There are two additional bedrooms on this floor-one even has a terrace overlooking the pool below. There is a fully contained guest cottage with living room, bedroom, small kitchen, and bath. Off to the far west you will find another casita or writer's cottage with its own bath.

CLICK HERE for more detailed information and to view photos of this property.

Entry to 906 Johnson Street is made through a formal gated entrance. Brick pavers encircle the entire property as do gardens filled with towering palms and assorted tropical plants. This place is a gardener's paradise.

Preferred Properties is the listing broker on 906 Johnson Street which is now listed at the short sale offering price of $1,769,000 or $476 per square foot. This is truly a great buying opportunity for a discerning buyer. Please call me, Gary Thomas, 305-766-2642 to schedule a showing.