1513 Pine Street - Key West

I just listed 1513 Pine Street in Key West. While this stunning home may look old, it is anything but old. Every detail of this recently constructed home at The Meadows of Key West is done with style, function, and cost-saving ownership in mind.  The home was built new in 2008 and offers 1717 sq ft of luxurious living set behind a white picket fence on a street of beautiful homes.  The area is a mix of historic old homes as well as the eight homes built by the developer of The Meadows. The Garrison Bight Marina is just a stone's throw to the east. Old Town and the historic seaport are within easy walking or biking distance.

The home at 1513 Pine Street is part of The Meadows of Key West Condominium Association which is land based condominium association comprised of eight homes. Each home is located on a fee simple lot. The association exists to provide access to rear carport parking via gated driveway and management of storm water runoff basin (photos at the bottom of today's blog.) Each homeowner pays his or her individual property insurance and maintenance expenses. (Wind insurance on this home is just $2533. Flood insurance is only $750.)

The homes were built with top-of-the-line materials and craftsmanship. This home features soaring 11' ceilings in the living area and kitchen. The living area has an elegant built-in media center.  Custom wood trim, extra high base boards, and crown molding give this home extra pizazz. The kitchen features GE Monogram  steel appliances, beautiful granite counter-tops, and solid wood cabinets. A two story turret gives this home dramatic architectural flair on the outside. Inside, the ground level portion of the turret provides space as a home office. There are lots of windows in the kitchen so your cooking will not be a chore but a dream. There is also a wet bar and wine cooler in the living room.

The turret extends up to the master bedroom where it provides space to sit back and relax or read a good book or maybe to write one. The ceiling is vaulted so the master bedroom has an especially large feel, yet the turret makes the space seem so cozy. The master bath includes a double vanity with chic retro make-up lights on either side, Jacuzzi tub,  separate shower, separate water closet, and lots and lots of closets all joined together amid elegant tile and marble floors.

 

 Architectural details including crown molding, extra high baseboards, soaring ceilings, top of the line kitchen and bath cabinetry, the finest Kohler bath fixtures, two story porches and solid wood doors. All windows and doors are impact resistant. Hardiboard siding means the exterior is virtually maintenance free. Decorative shutters give the home character and provide filtered views from a couple of rooms. The wood doors on the first and second floor front are massive and of the highest quality. The 8' sliding doors that separate the living area from the pool are hurricane impact resistant to 155 mph that open wide to let the outside become part of the inside. A private gated driveway leads to the carport and a separate entry to the private pool and spa area. Each home is completely fenced and beautifully landscaped. This home is located on a corner lot so it has lots of separation from the other nearby homes.

I am really excited about this new listing. The housing and rental market in Key West is on fire. There is so much demand for so few houses. To have such a beautiful and well-built home for sale is a true privilege.  Please contact me, Gary Thomas, 305-766-2642 to schedule a private showing of this home. I am a full time Realtor at Preferred Properties Key West. 

We All Know Key West is Cool - Now It is Official!

The Meadows of Key West
Eisenhower Drive between Petronia and Pine Streets

It's official, Forbes has 'declared' the driveway at The Meadows of Key West to be among the coolest driveways in America. And for good reason. The proof is in the picture. CLICK HERE to read Tanya Mohn's article and then proceed to photo #17 and the little write up about The Meadows of Key West. Thank you Tanya for your kind mention of my little blog.

I wrote many blogs about The Meadows. The developer of The Meadows built eight single family that were intended to sell just in the $1,699,000 to $1,900,000 price point. The homes were classified as land based condominiums because of lot sizes which shared common driveway between the homes located on Pine and Petronia Streets. The gated driveway serves as access to the carports behind each of the homes. Locals know how much rain we can get during a torrential storm. The driveway was built to carry the storm runoff water from the houses through an underground drain to the water retention pond on Eisenhower Drive.

Cool Driveway and water retention "pond"

The market for high end housing vanished as the national economy took a dip in 2008 just when The Meadows sales campaign was in full swing. The Meadows eventually became a bank owned project, and Preferred Properties was asked to sell each of the homes. That is why I wrote all of those blogs, and why I hosted so many open houses. I eventually sold one of the homes and sold another home to a couple that I met during an open house. Thank you, both.

I told all of the potential buyers what a great buying opportunity those homes were. The homes beat the competition of other similar projects that were built by other developers during the same time period. In my opinion The Meadows had (1) superior design, (2) quality construction throughout (3) top of the line building materials, (4) upgraded kitchens, baths, appliances, plumbing, and light fixtures. The buyers who bought at the bottom of the market got the best deals in Key West. When and if any of the owners decides to sell, there will surely be a list of new buyers waiting to move into this very special Key West property.

CLICK HERE to search the Key West Association of Realtors mls database to find your new home in Key West. If you see a property that interests you, please contact 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 Coastal Realty, Inc. in Key West, Florida.

1501 Pine Street - Bank Owned - Key West - Bargain!

1501 Pine Street - Key West - Bank Owned - $825,000

Just listed, 1501 Pine Street, in the Meadows Area of Key West. This is the last of eight units that were completed in 2007 just as the housing market was tanking. The homes were originally built to sell at $1,895,000 or higher. The buying public did not buy. A local Key West bank ended up owning six of the units. The buying public resisted again and feared future price erosion. Last year I sold the original model unit that had been foreclosed upon by a different lender. Then the remaining bank owned properties started to sell. The two bedroom unit at 1501 Pine Street has never been offered for sale. Now it is offered for sale at $825,000. The listing broker describes 1501 Pine Street like this:

"Last One! This stunning home is part of The Meadows condo association. Newly built in 2007 with top of the line materials and craftsmanship, this home features soaring 11' ceilings in the living area. The kitchen is top of the line with s/s appliances, beautiful granite and solid wood cabinets plus a wet bar in the living room. The bedrooms are en suite with impressive architectural details including crown molding, high ceilings, porches and solid wood doors. A private, gated drive leads to the carport and a separate entry to the pool area. Completely fenced and beautifully landscaped, this home is also perfectly located. Bank Owned and easy to see!"

The home at 1501 Pine Street is part of The Meadows Condominium Association which is comprised of eight homes. Each home is located on a fee simple lot. The association exists to provide access to rear carport parking via gated driveway and management of storm water runoff. Each homeowner pays his or her individual property insurance and maintenance expenses.

The homes were built with top of the line materials and craftsmanship. This home features soaring 11' ceilings in the living area and kitchen. The kitchen has top of the line stainless steel appliances, beautiful granite and solid wood cabinets. A two story turret is an adjunct to the kitchen and is configured as ahome office. There are lots of windows in the kitchen so your cooking will not be a chore but a dream. There is also a wet bar in the living room. The floors on the first floor are travertine marble. The stairway and second floor bedrooms have wood floors. The master bedroom features a second turret. The ceiling is vaulted so that room has an especially large feel, yet the turret makes the space so cozy. The master bath includes a double vanity, shower, Jacuzzi tub, separate water closets, and lots and lots of closets. The master bath is just opulent. I challenge you to find any more luxurious bath in Key West for less than $2 million. You won't find one.

Architectural details including crown molding, extra high baseboards, soaring ceilings, top of the line kitchen and bath cabinetry, the finest Kohler bath fixtures, two story porches and solid wood doors. The wood doors on the first and second floor front are massive and of the highest quality. The 8' sliding doors that separate the living area from the pool are hurricane impact resistant to 155 mph that open wide to let the outside become part of the inside. A private gated driveway leads to the carport and a separate entry to the private pool and spa area. Each home is completely fenced and beautifully landscaped. This home is located on a corner lot so it has lots of separation from the other nearby homes. CLICK HERE to view a slide show of this particular house.

Bayview Park is located two blocks to the south

The Garrison Bight is located one block to the east

This home is located in the Meadows area of Key West. Bayview Park (two blocks to the south) has an old fashioned bandstand, public tennis courts, basketball courts, and lots of green space for community events. The White Street arts district is a five minute walk to the west. The Garrison Bight Marina is located one block away to the east. Duval Street and the Historic Seaport are each a five minute bike ride. The three large shopping centers (large by Key West standards) are five minutes by car. The Key West International Airport is five to seven minutes depending on traffic.

CLICK HERE to view the Key West mls datasheet. I really think this last unit will sell quickly. The reasons to hesitate are gone. The other units are now owner occupied and potential buyers who feared price collapse can now see price appreciation in the near future. If you are interested in seeing 1501 Pine Street in person or want more information, please contact me, Gary Thomas, 305-766-2642 or by email at kw1101v@aol.com. I am a buyer's agent and a full time Realtor at Preferred Properties (listing brokerage) for this property.

1505 Pine Street - The Meadows of Key West

1505 Pine Street is one of two remaining Bank Owned homes located in The Meadows of Key West. Both homes are equal in size and are located next door to each other. Their floor plans are 'flips' of each other.


1505 Pine Street was constructed in 2007. It is is a 1629 sq ft 3 bedroom home with 3 ensuite bathrooms plus powder room. It is one of 8 homes built by the developer that were eventually foreclosed upon. Preferred Properties is the listing broker on the remaining homes. The listing broker describes this home this way:

"This stunning home is part of The Meadows condo association. Built with quality materials and craftsmanship, this home offers everything one expects in a luxury residence. The first level features marble floors, soaring 11' ceilings, a wall of glass doors leading to the private pool and spa. A gourmet kitchen provides solid wood cabinets, high-end stainless steel appliances, luxurious granite countertops & lots of storage space. The living room features a wet bar and is great for entertaining. The bedrooms are en suite and feature high ceilings & sumptuous baths plus a second floor laundry. A private carport has an entry through a gated drive. Lush landscaping provides a tropical backdrop for this spectacular home Easy to see!"

The large field at the end of The Meadows is actually a part of the development. It was built to absorb the storm runoff water from the homes. It practical terms, it's a nice place to walk the dogs.


1505 Pine Street is offered for sale at $825,000. CLICK HERE to read the Key West mls database information and to view listing photos.

If you would like to see 1505 Pine Street please give me, Gary Thomas, 305-766-2642, a phone call. I am a buyer's agent and a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West.

Open House - Sunday - The Meadows of Key West

Dominique Barrera and I will be hosting an Open House on Sunday, September 6th between 1:00 to 3:00 P.M. at The Meadows of Key West. Two of the units will be open for you to preview 1502 Petronia Street and 1506 Petronia Street int the quiet area of The Meadows.

CLICK HERE for more detailed listing information on 1502 Petronia Street which is offered at $975,000. This property is the incredibly beautiful and stylish two bedroom mini-mansion. The main level has 14' vaulted ceilings with extra large crown moldings and baseboards. The bright & airy first floor features a sumptuous gourmet kitchen with beautiful granite counter tops, high-end stainless steel appliances, an abundance of storage in solid wood cabinets, and an adjacent wet bar in the dining area. The two bedrooms are en suite and offer luxurious baths including a stunning master bath with basket weave tile floors. The closets have built-ins and automatic lighting. There is a private second floor front porch located just off the master bedroom. It is the perfect place to watch the world go by on extra-slow speed on a quiet street in Key West. Hurricane rated doors lead to the stone tiled patio and private pool and spa. The professional landscaping provides a lush tropical backdrop to this fantastic property.

And CLICK HERE for more detailed listing information on 1506 Petronia Street. This home has three bedrooms and three and one-half baths. This home has the same features as the two bedroom model but the room sizes and room configuration on both floors is a bit different. But it has the same quality fixtures and finishes and that oh so wonderful second floor front porch off the master bedroom. The three bedroom homes are offered at $925,000.

Preferred Properties is the listing broker for The Meadows. CLICK HERE to see our website devoted just to this property. Please call me, Gary Thomas, 305-766-2642 or e-mail me at kw1101v@aol.com to discuss this property, or better yet, make an offer to purchase.

The Meadows of Key West -- This is a Real Deal!

The sky may be falling. The stock market may be plunging. The real estate market may be unstable. But there will always be a Key West.

The Meadows of Key West is located in the 1500 blocks of Petronia and Pine Streets between Eisenhower Drive to the east and Pearl Street on the west. There are eight luxurious new single family residences woven seamlessly into the fabric of the historic neighborhood known by the same name. CLICK HERE to view MAP.

The homes have about 2,000 square feet of living space with stunning interiors by Pascal Delisse. There are two and three bedroom models to choose from. Each home features hardwood and travertine floors, a luxurious master suite; gourmet kitchens with granite counters and gas ranges. Each home has a private pool, spa, patio, main level and second floor front porches, and a covered carport. Scott Montgomery designed the indigenous landscapes. Each new home looks like it has been a part of the area for many a year because everything blends together with the other homes in the area.

CLICK HERE to view the information an photos of the house at 1509 Pine Street listed at $999,000--that is just $629 per sq ft for this 1629 sq ft, 3 bedroom 4 bath home. There are only four of the three bedroom homes available.

There are four two bedroom homes that sit on the corners of both blocks. Each two bedroom home has a turret which is a focal point in the grand kitchen on the first level and a cozy nook in the second floor master suite. There are vaulted ceilings, grand spaces, huge closets, elegant baths. The two bedroom homes are simply "OVER THE TOP!". The second bedroom is far removed from the master suite so the owner will have total privacy. The second bedroom is equal to the master suite in just about any other Key West residence. It is just that nice.

CLICK HERE to see more information and photos of the two bedroom home located at 1502 Petronia Street (corner of Pearl Street). This 1932 sq ft home is priced at $1,050,000 or $549 per sq ft.

These eight homes belong to a community association which is responsible for the maintains the common rear drive, fencing, exterior home maintenance, swimming pool, and all landscaping. The Meadows offers the best of all worlds: the privacy and spaciousness of a single family home within the managed structure of condominium ownership.

If you doubt my high regard on the price, location, and amenities offered, please do your own personal search of the Key West mls. CLICK HERE and set your search parameters between $950,000 to $1,075,000 and see what you come up with. The Meadows of Key West were originally priced between $1,695,00 t0 $1,999,000. The new lower asking price is a real deal.

CLICK HERE to view a series of exterior and interior photos of the properties.

If you would like to see these properties, please call me Gary Thomas, 305-766-2642, and let me help you take a look at a real deal. This is a buyer's opportunity.