104 Southard Street #2, Key West - Waterfront View

Buyers who are looking for a Key West getaway which they can rent to help defray some of the cost of purchase should take a look at the newly listed Shipyard Condominium unit located at 104 Southard Street #2. I got to see this unit during Realtor caravan earlier this week along with about 50 other agents. It was bedlam, but I sized up the potential value of this particular property as soon as I walked out on the deck and took in the view. This is money.

The above photo shows construction in progress of the new City of Key West Truman Waterfront Park. The Outer Mole docks are located in the background.  NAVY vessels are docked there on occasion. Other times the view will be of the water and cruise ships beyond. The area adjacent to the buildings in the foreground will be open park spaces. I think the view the from this unit is about as you can get for the price.

The listing Realtor describes this unit this way:

Enjoy an unobstructed Ocean view from the deck of this second story condo which has been totally renovated. New Kitchen, appliances, carpeting, etc. Large outdoor deck which is partially under roof for outside dining and shade or enjoy the sun with room for lounging. This condo has a dedicated off street parking spot in front of condo.

This is a one bedroom one bath unit with 523 square feet of living space located on the second floor. there is a large balcony which overlooks the waterfront.  The Shipyard pool is located about a 90 second  walk to the east. The dedicated parking space for this unit is located adjacent to the building so neither you nor your guests will have to walk through a maze to get to it. Fort Zachary Taylor State Park and Beach are within easy walking distance as well. At night, the wonders of Duval Street are a safe five minute stroll to the east.

CLICK HERE to view the Key West MLS datasheet and listing photos. 104 Southard Street #2 is offered at $519,000. Please call me, Gary Thomas, 305-766-2642, to schedule a private showing.  I am  buyers agent and a full time Realtor at Preferred Properties Key West.  I think this unit could be nicely decorated and turned into a money machine as a monthly vacation rental. Let's take look at the view and the potential. And if you choose not to rent, you get to keep this special view all to yourself.

210-2 Southard Street, Key West - Transient Licensed Shipyard Condo in the Truman Annex

 

Just listed by Preferred Properties, that's where I work but this is not my listing, 210-2 Southard Street in the Shipyard Condominiums at Truman Annex. Truman Annex is located just two blocks from historic Duval Street and all of the attractions that make Key West a world class destination. This is a unique one bedroom unit with a valuable Truman Annex Transient License which permits 25 weekly rentals throughout the year. The unit may also be rented monthly or used by the owner or the owner's family throughout the year.

The listing Realtor describes the new listing this way:

"This bright and breezy second floor Shipyard unit has a spacious rear deck, assigned parking and a special Truman Annex transient license. The management company calls this unit Treetops because of the lovely poinciana trees front and rear. This unit is being sold turn-key with attractive tropical furnishings and assumable advance bookings."

If you have been watching Key West real estate sales for the past few years and are waiting for a price dip to get the house you didn't get when prices were lower, don't hold your breath. A dip might occur, but if it does it probably won't last long and when the market returns, there will be slew of buyers chomping at the bit to buy what they should have bought before prices increased after the 2008 market down turn. For the past several years those same type of buyers have gobbled up Shipyard Condos because renters favor this development over just about any place in town. Read about why in the next paragraph. I did a quick search to determine the number of sales since 2013 and the price paid on a per square foot basis for each year. Numbers speak louder than words.

YEAR     NUMBER UNITS SOLD     PRICE PER SQ FT
2013        5                                             $666
2014        9                                             $741
2015        13                                           $857 
2016        7                                             $862

There are now only four units available in the Shipyard which are priced on an average price per sq ft of $895.  As you link at the mls link below consider what is included in this unit that is not often included in most other Shipyard listings by the company that sells most of the Shipyard units: furnishings and advance bookings. Most sellers make buyers pay for the furnishings and require a buyer to take over the bookings with a specific property management company to get them. They are offered in this listing without qualification.

Returning visitors to Key West love the location, comfort, and security that Truman Annex provides. Guest who stay in this unit will especially love this location because it's hard to get lost when the place you are staying is located about 100 feet west of the gated parking entry and next to a park-like space between the next row of condos. People do get lost, especially people who have had the extra cocktail. The location itself is within walking distance to Ft Zach Taylor State Park and Beach.  The pool is only a minute or so walk, but I'll bet you more guests will head off to the beach to enjoy the sun and ocean.  At night the Green Parrot and other nearby establishments provide music, food, and cocktails.  During season the Waterfront Playhouse at Mallory Square and the Red Barn Theater offer live performances that feature many local talents. Day or night, there's always something to do and whatever it is, it is within easy walking distance of Truman Annex. Duval Street is two blocks to the east. Sunset Celebration is held nightly - just a five minute walk to the north through the ever beautiful Emma Street in the Truman Annex.

CLICK HERE  to view the Key West mls datasheet and listing photos.  Better than that, please call me, Gary Thomas, 305-766-2642 to set up a showing of this unit.  I am a buyers agent and a full time Realtor at Preferred Properties Key West. 

 

202 Southard St #6 - Transient Licensed Shipyard Condo - Key West

 

 

202 Southard Street #6 is a transient licensed Shipyard Condominiums at Truman Annex addition to Key West. Truman Annex is located just two blocks from historic Duval Street and all of the attractions that make Key West a world class destination.  The listing Realtor describes the listing this way:

"Fabulous opportunity to own a 2 bedroom, 1 bath condo in Truman Annex. First floor unit with large rear deck. Just steps away from the pool. Perfect home away from home. Condo comes with a transient license allowing for 26 weekly rentals. Just steps from Duval and an easy stroll to the beach. Excellent income producer."

                   202 Southard Street #6 pictured above. Lower photo is view from the front.

This unit is similar in layout to most other two bedroom/one bath units.  The kitchen and dining/living area is one the left side, and the two bedrooms with a shared bath are on the opposite side. French doors at the rear open out to the rear deck and ground level garden area.  A small walking lane is located behind the units. The lane leads to the off street parking spot and the community pool.

Returning visitors to Key West love the location, comfort, and security that Truman Annex provides. Guest who stay in this unit will especially love this location because it's hard to get lost when the place you are staying is located near the guard booth at the entrance to the complex. People do get lost, especially people who have had the extra cocktail.  The location is within walking distance to Ft Zach Taylor State Park and Beach.  The pool is only a minute or so walk, but I'll bet you more guests will head off to the beach to enjoy the sun and ocean.  At night the Green Parrot and other nearby establishments provide music, food, and cocktails.  During season the Waterfront Playhouse at Mallory Square and the Red Barn Theater offer live performances that feature many local talents. Day or night, there's always something to do and whatever it is, it is within easy walking distance of Truman Annex.

CLICK HERE to view the Key West mls datasheet and listing photos.  Better than that, please call me, Gary Thomas, 305-766-2642 to set up a showing of this unit.  I am a buyers agent and a full time Realtor at Preferred Properties Key West. 

202 Southard St #6 - Transient Licensed Shipyard Condominium - Key West

 

Just listed by Preferred Properties, that's where I work but this is not my listing, 202 Southard Street #6 in the Shipyard Condominiums at Truman Annex. Truman Annex is located just two blocks from historic Duval Street and all of the attractions that make Key West a world class destination.  The listing Realtor describes the new listing this way:

"Fabulous opportunity to own a 2 bedroom, 1 bath condo in Truman Annex. First floor unit with large rear deck. Just steps away from the pool. Perfect home away from home. Condo comes with a transient license allowing for 26 weekly rentals. Just steps from Duval and an easy stroll to the beach. Excellent income producer."

                   202 Southard Street #6 pictured above. Lower photo is view from the front.

This unit is similar in layout to most other two bedroom/one bath units.  The kitchen and dining/living area is one the left side, and the two bedrooms with a shared bath are on the opposite side. French doors at the rear open out to the rear deck and ground level garden area.  A small walking lane is located behind the units. The lane leads to the off street parking spot and the community pool.

Returning visitors to Key West love the location, comfort, and security that Truman Annex provides. Guest who stay in this unit will especially love this location because it's hard to get lost when the place you are staying is located near the guard booth at the entrance to the complex. People do get lost, especially people who have had the extra cocktail.  The location is within walking distance to Ft Zach Taylor State Park and Beach.  The pool is only a minute or so walk, but I'll bet you more guests will head off to the beach to enjoy the sun and ocean.  At night the Green Parrot and other nearby establishments provide music, food, and cocktails.  During season the Waterfront Playhouse at Mallory Square and the Red Barn Theater offer live performances that feature many local talents. Day or night, there's always something to do and whatever it is, it is within easy walking distance of Truman Annex.

CLICK HERE to view the Key West mls datasheet and listing photos.  Better than that, please call me, Gary Thomas, 305-766-2642 to set up a showing of this unit.  I am a buyers agent and a full time Realtor at Preferred Properties Key West.