Search This Blog

Showing posts with label part eight. Show all posts
Showing posts with label part eight. Show all posts

Monday, March 1, 2021

True Tales of Key West Real Estate in the Time of Covid 19 - Part Eight

This is a true story about Key West real estate in the time of Covid 19.

Sometimes houses are so unique they take a long time to sell. The house in today's blog was on and off the Key West real estate market for over 15 years. It was an impressive large home located in a highly desired area of town and price accordingly. The listing agent was one of the best in town. The house was just so large and so expansive that it was difficult finding a buyer. Years passed. The house was renovated again which made it even more expensive. The owner replaced the listing agent. The house still did not sell. A couple of years passed nothing happened and then in 2020 the pandemic occurred. Buyers flocked to Key West. Voile a buyer appeared, a deal was struck, and the house was finally sold for several million dollars. 

I ran into the selling agent yesterday afternoon and congratulated him on the sale. I told him my recollection of showing that house years earlier. Most houses in Key West do not have a garage. That particular house had a large double garage. I remember the garage especially well because one stall had a red Porsche on a lift. There was a heavy metal brace that spanned the stsll width to prevent the Porsche being driven away even if it was lowered to the floor. I remember asking the lady listing agent what was going on. She said "The owner has a teenage son."

It all fell into place. The dad must have seen Ferris Bueller's Day Off and did not want to lose his car or his son.


 

 

 

 

 

 

 

Disclaimer

The information on this site is for discussion purposes only. Under no circumstances does this information constitute a recommendation to buy or sell securities, assets, real estate, or otherwise. Information has not been verified, is not guaranteed, and is subject to change.
Powered By Blogger

Counter



Free Counter

Key West

Key West
You could be here!

Blog Archive

Gary Thomas in a Nutshell