912 Fleming Street, Key West - Price Reduction

The asking price on 912 Fleming Street, Key West, one of the most beautiful homes in the Historic District, was just reduced to $2,495,000. The iconic Revival Style home has 3228 square feet of living space under air plus front and rear decks giving the home 4245 gross square feet. The lot measures 50' X113' for a total of 5650 sq ft.

CLICK HERE to view the Key West MLS datasheet and listing photos and then please call Gary Thomas, listing agent, to schedule a private showing to see all of the inside. Of course you will be immediately be drawn to the pool. That always happens. You will be pleasantly surprised. 305-766-2642. Preferred Properties Key West. 

Key West - Price Reductions Meet Three Important Dates

Selling Season in Key West is more than half-way over. Reality is setting in for many sellers and many sellers have reduced the asking price on their properties.

409 Grinnell Street, Key West. Originally offered fully furnished at $1,275,000 now offered at $1,249,000.  Save these OPEN HOUSE dates - Saturday and Sunday (March 9 and 10). 12:00 to 2:00 PM. CLICK HERE to view the MLS details.

11 Nassau Lane, Key West. Originally offered fully furnished at $899,000, reduced to $849,00 and just reduced to $749,000. Save this hot date to view the OPEN HOUSE - Sunday March 10 from 12:00 to 2:00 PM.  CLICK HERE to view the MLS details.

1413 Von Phister Street, Key West. This is a Brand New 3 Bedroom Home. Originally offered at $1,549,000. Price has been reduced to $1,499,000. Save this date, Sunday March 10th to attend the OPEN HOUSE between 12:00 to 2:00 PM. CLICK HERE to view MLS details.

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527 Margaret Street, Key West - Price Reduction in the Historic District

Buyers who want to buy a quality home in the Historic District at a really great price should take a look at 527 Margaret Street which was just priced below the amount the current owners paid a couple of years ago. The owners have purchased a larger home in Key West. So this very attractive home is no longer necessary.  I wrote about 527 Margaret Street, Key West soon after it was listed for sale.  I really thought it would sell in a matter of days because it has almost every feature most buyers are looking for in Old Town except a third bedroom or parking. Let me share with you what it does have and why I think this property is such a great value.

First, the listing Realtor's description:

"Stunning and Stylish Renovation in this Historic Home, Ideally Located on 500 block of Margaret St, walking distance to so many attractions, Restaurants and Galleries. Remodeled in 2015, the home underwent a complete Foundation to Roof Renovation and received the Historic Florida Keys Preservation Award in 2016. Features include Soaring Exposed Beam Ceilings, White Oak Wood Floors, Top End Appliances, A wall of glass leading to pool and Deck. Beautifully finished bedrooms and baths, with 2 bedrooms and additional loft. Being Sold Turn Key!"

I wrote about this property years ago when it was a multi-family house with numerous gawd-awful additions. Later I wrote about it while under renovation in my Projects of Key West continuum.  Then I wrote about the house when it was completed. Now it is available for re-sale. The original house was taken to the ground and totally rebuilt save enough boards to fit within a thin definition of a renovation. The end result is a beautiful home located in a great Old Town location near all the places primary and second home owners seek. It is located just four blocks from world famous Duval Street and only four blocks to the Historic Seaport. One of Key West's finest steak houses in located across the street and dozens of small joints and fine dining restaurants are within easy walking distance. While what you see from the street is picture perfect, it's the interior that will really grab your attention. As you look more closely, you'll appreciate the quality new construction and the cost saving benefits owning a home like this offers tear after year.

When you look at the house from the street you would probably expect the interiors to be compact and tight because the house simply looks like a quaint one story home with a cute little front porch. But you would be wrong. Very wrong. Oh, it is just a one story house, but once you open the door and pass through the formal entry hall you'll see a wall of glass which soars to the vaulted ceiling immediately refuting any per-conceptions about this home being small.

The first thing I saw was the canopy of the old banyan tree at the rear. The blue sky seemed to blend with the subtle and not-so-subtle blue tones interspersed throughout the house.  The wood ceiling and white washed wood floors add a natural color perspective to this living space. There is a guest bath located off the center hall adjacent to the adult beverage center with color co-ordinated booze. The laundry area is opposite. Dale Trice designed the interiors and created the media and display wall with storage below. Giant shells and white objets d'art fill that space and throughout the house. The setting is like something out of Coastal Living Magazine or Architectural Digest. Maybe it should be!

The master and guest bedroom (with loft) are located at the front of the house. Both have en-suite baths.The master suite is stunning-almost regal. The guest bedroom is quite understated by comparison. The loft space will be a favorite of the grand kids. I don't know if kids still play "fort" like I did when I was a child. This space would make a perfect fort, of that I am sure. 

CLICK HERE to view the Key West MLS datasheet and listing photos.  527 Margaret Street is offered turn key at $1,399,000. Please call me, Gary Thomas, 305-766-2642, to schedule a private showing. I am a buyers agent and a full time Realtor at Preferred Properties Key West.

1409 Truman Ave, Key West - Another Price Reduction !!! Do the Math!

Go to your calculator on your iphone or go back to high school and use a piece of paper, a No. 2 pencil, and your brain to figure out the new price per square foot on the bank owned Eyebrow House discussed below. You'll be jumping up and down too.

Buyers looking for a great value in Key West should take a serious look at 1409 Truman Avenue. This 1932 square foot two story Eyebrow House sits on a 3213 square foot lot and overlooks Bayview Park across the street. Property records suggest it was originally built circa 1889. It was substantially renovated in 2005 but it could use a new coat of paint and replacement of kitchen appliances and counter-tops.  I did not see any large dollar items that need attention. MY old shoebox contained the black and white photo below showing the house in 1965 when an exterior stairway led to the second floor which I assume was used as apartments then. That stairway no longer exists and the entire second floor is now the master bedroom and en-suite bath.This is a nice space. The ceilings are tall. A big man will feel comfortable in this Old Town house.

I am a big fan of Eyebrow Houses. This is different from any other I have been inside. The central front door opens into a formal entry hall that leads to the back of the home where the living area is located. There are two bedrooms with private baths on either side at the front of the house. The stairway ascends to the second floor master suite.

As this is an historic Key West home, it is not surprising that the walls and floors are of Dade County Pine throughout the house. Both first floor bedrooms are fairly good sized and each has a private bath. There is a guest bath located at the end of the entry hall.

The open concept living area at the back of the home includes a niche for dining, kitchen, and living are with multiple French doors that open out to the covered rear deck and swim spa. We just start our official fall season. All those leaves will be off the tree within two weeks and brand new green leaves will appear immediately thereafter. We do not have a dormant season. Notice the blue tarp-covered swim spa. I did not remove the tarp to take a look but a new buyer can do that during a home inspection. The spa may have been added instead of a swimming pool because much of the rear yard is covered with tree roots. Our Tree Commission has rules directing the types of trees which may and may not be removed to add a pool.  Since spas are not pools, some owners elect to add spas which do not require city approval.

The staircase lands on a well lit landing where daytime light floods the area. Double doors open into the master bedroom with high pitched ceiling that runs the length of the house. The spaces are divide to provide a large bedroom area, a dressing or sitting area, and large bathroom with dual vanity sinks, soaking bathtub, shower, and private toilet. You can see window unit air conditioners in several windows. The house does have central A/C.  It may be that the A/C stopped working properly and the exiting owner or tenant preferred to use cheap Home Depot units than to pay for a costly repair of the whole house system. A home inspection will tell the prospective buyer the cost to fix the system if it is in need of repair. The good thing is the house does have central air.

1409 Truman Avenue is a lovely old Key West home. It sits high across the street from the tennis courts at Bayview Park - the city's largest park. Various events are held at the park throughout the year. A "Farmers Market" is held in the park each Wednesday. Farmers from all over town bring in their corn and tomatoes. I wrote this to see if anybody actually reads what I write. They do bring in food. I have no idea where it is grown. It's all quite civilized.

CLICK HERE to view the Key West MLS datasheet on 1409 Truman Avenue Key West now offered at the reduced price of $699,900 or just $326 per square foot.  Then please call me, Gary Thomas, 305-766-2642, to set up a private showing. The house does not need repaint nor the counter-tops replaced. It would just look better and feel fresher. Take a look and judge for yourself. This is somebodies dream home. I am a full time Realtor at Preferred Properties Key West.

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