The newly listed 1968 era ranch style home located at
1524 5h Street in the MidTown area of
Key West will appeal to cost conscious buyers who want space, value, new upgrades that will reduce windstorm insurance costs, and that does not need any new improvements to move in that is priced under $400,000. That sounds like a lot of conditions, but this house can meet those.
According to the Monroe County Property Appraiser this 1468 sq ft home is a three bedroom, two bath house built on a 96' x 54' lot. The records show the house benefited from recent Federal Aviation Administration $44,000 in grants in 2006 that provided for the installation of a new metal roof, new windows and doors, new Miami Dade code compliant shutters, new electrical update to operate the newly installed air conditioner, and new insulation. The value of the upgrades will benefit this property for years as it will benefit the surrounding neighbors who received similar upgrades.
It looks to me like the property just received some new updates that include new tile flooring throughout the main house and newly painted interior and exterior walls. I might have picked a color other than brown for the interior wall, but the outside looks very clean.
There is a back door that opens from the master bedroom out to the back yard. A new owner might change the opening to a French door, build a small covered patio, and add a pool. The back yard is a barren slate right now. It's hard to believe a house that is 46 years old has such an empty back yard. But this one does. A new owner can be very creative with a property like this. You save money by not having to remove decades of old growth and getting permits to make ugly trees go away. You'll still have to obey the rules for what you do create.
This house comes with a place for mom - an accessory unit that has two exterior entrances on the south side of the house. Mom can come and go whenever she wants and not disturb you and the family. She'll have her own separate mini-split A/C, bathroom, and a living area with cabinets.
1524 5th Street is offered for sale at just
$399,000.
CLICK HERE to view the Key West mls datasheet. I took more photos which you can view if your
CLICK HERE.
Better than looking at photos, please call me,
Gary Thomas,
305-766-2642 to see this home that has the extra value of having a place for mom including in a very attractive asking price. I am a buyers agent and a full time Realtor at
Preferred Properties Key West. Let me help you and mom find your place in Paradise.
