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Wednesday, January 8, 2014

48 Coral Way - Key West - Transient Licensed Condo

Just listed, but not by me, 48 Coral Way in Key West, a two bedroom transiently licensed town home with parking, and a pool at an affordable price.  The listing Realtor describes this property as
"TRANSIENT LICENSE!!!! Located in the gated community of Coral Hammock, this lovely 2 bedroom and 2.5 bath is situated by the community pool. Relax in comfort on your balcony and enjoy the sights. The first floor features 9 foot ceilings, a spacious kitchen, living room, dining room and powder room. The second floor with vaulted ceilings offers two master bedrooms each with a private bath. Covered parking and lush landscaping make you feel at home in paradise."
The unit is located in Coral Hammock on Stock Island (the first island just east of Key West).  The Key West golf club is located across the street. The Florida Keys Community College and several marinas are also located on Stock Island. Old Town Key West is a ten minute drive on a normal day.

Coral Hammock is a small community of  town homes with a large sunny pool and club house with a small gym.  Several of the town homes have transient licenses and are actively rented as such. The units were built in 2004. The tropical foliage has matured and provides a lush environment for residents. The grounds are surrounding iron privacy fences with electric gated access.  Monthly fees are $350 and cover cable television, common area and pool maintenance. Each home owner is responsible for building maintenance and all insurances.

48 Coral Way is a three story unit with 1115 sq ft of living space plus under structure parking at ground level. The second level is where the combined living, dining, and kitchen plus 1/2 bath are located. The top floor is two master suites with private baths. Each home has Hardiboard siding and metal roofs plus porches and balconies for private outdoor living.
The main floor living area is nice and sunny.  This unit is located at the far side of the complex, away from US 1.
48 Coral Way is offered at $369,000.  It is actively rented as a weekly vacation rental. A new owner could continue the vacation rental or not.  Legal weekly vacation rentals like this provide a source to help homeowners pay for the purchase of the unit. Compare that price to a smaller sized and higher priced unit at Shipyard in the Truman Annex.  You can't beat the price. Shipyard is closer to the action, but the savings difference is pretty impressive if you ask me.  CLICK HERE to view the Key West mls datasheet on this unit.

Please call me, Gary Thomas, 305-766-2642 to schedule a showing of this unit. Advance notice is required as this unit is actively rented as a vacation rental.  I am a buyers agent and a full time Realtor at Preferred Properties Key West. Let me help you find your place in Paradise.


Tuesday, January 7, 2014

810 Elizabeth Street - Key West - Old Town Home with Renovation Potential


Just listed, but not by my, 810 Elizabeth Street in the Old Town area of Key West. This property is currently configured as two legal units but could become a single family home.  The property is in good condition as is, but it could be renovated into something much greater. The listing Realtor describes the property as:
"Perched near the crest of Solaris Hill, this 1,541 sq' legal duplex on a 3,192 sq' lot features a 3 bedroom 2 bath down & 2/1 up (approx 560 sq'). It is located 2 blocks from Duval St, Zone X which does not require flood insurance. Separately metered (electric/water/sewer). Could be converted into single family. Possible room for off street parking & dip pool. When renovated this rough cut diamond could be a crown jewel!"
Elizabeth Street is a one-way street from Truman Avenue to the south until it intersects the corner of Angela Street and Windsor Lane.  Many of the houses on this three block stretch have been updated over the years, and some, like 810 Elizabeth Street, await a new buyer to bring the old house into the 21st Century.
I dug into the old shoebox and found a black and white photo of 810 Elizabeth Street as it existed in 1965. I also went to the Sanborn Fire Maps. I found 810 Elizabeth Street listed in the 1892 edition.  I found what I believe to be 810 Elizabeth in the 1889 map but houses had different numbers then. The house has been updated and maintained throughout the years. The county property records show the rear addition was added in 1994. CLICK HERE to view photos I took of the house, yard, and crawl space under the house.  The piers appear to have been updated, new joists installed, and other structural elements attended to over the years. A qualified home inspector would need to inspect any property a new owner desires to purchase. 
As currently configured there are three bedrooms, two baths, a laundry room, living room and kitchen plus rear deck on at the rear of the ground level living unit.
The second floor unit is configured as a one bedroom apartment with normal three piece bathroom plus an adjacent laundry room. Property records show this apartment as being 560 sq ft.

A new owner might take down the exterior stairway and use a portion of the rear first floor space and a portion of the second floor space to create an interior stairway.  Alternatively a new owner could try to obtain permission to expand a portion of the house to create a room for an interior  stairway and expand the living area at the rear. It would be great if a new owner could add a second floor rear deck over the existing first floor deck to look out to a pool at the rear. That won't be easy, but it could make for a very sweet renovation to this property.

CLICK HERE to view the Key West mls datasheet on 810 Elizabeth Street which is offered for sale at $740,000.  Better yet, 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. Let me help you find your place in Paradise.

Monday, January 6, 2014

1500 Atlantic Boulevard # 214 - Key West Beach Club - Waterfront Condo


The Key West Beach Club Condominiums are located directly on the Atlantic Ocean where each unit has a view of the ocean from the living room and master bedroom. Two buildings make up the condominium complex. Unit #214 is an end unit located in the east building. It has additional windows that look to the east that overlook the nature preserve. The views will never be disturbed.
Unit #214 is one of the most sophisticated and desirable units at the Key West Beach Club. Once you open the front door and look through the elegant foyer and past the living room you see the view the panoramic skyline where the sky meet the Atlantic Ocean.   The ever-changing views of the skyline are mesmerizing. From pre-dawn until the dark of night, you can sit inside your home, lay in your bed, or sit on the deck and watch the kaleidoscope views change.  It is breath-taking.
The cook will never feel trapped in the kitchen in this home. The kitchen opens to the combined dining and living areas. The kitchen includes a pantry and the laundry. Other end unit owners have larger balconies which permitted incorporating the space into the living spaces. There is elevator service to each floor.
The lush carpet from from the living room continues on into the master bedroom as does the custom wood trim. When the drapes are pulled back the ocean views are revealed. Imagine awakening each morning to the soothing sounds of the tides and the sunrise views outside your window. The bathroom includes a soaking tub with shower. Shutters open into the bedroom. The master bedroom includes a very large walk-in closet. 
The guest bedroom is equally large. It has a walk-in closet with a lock-out closet plus en-suite bath. Remember the entry is private (glass doors open onto private entry). 
Beach Club Condominiums have two pools, tennis courts,and a small gym. Each unit has covered parking plus storage.  Condo association fee is $3100 which is paid quarterly.  Fees include cable tv, exterminating, building insurance, building maintenance, ground and pool maintenance, and security.  The buildings and grounds are always spotlessly maintained. CLICK HERE to view the Key West mls datasheet on this property that is offered at $1,375,000.
CLICK HERE to view more photos that I took of this property. Please call me, Gary Thomas, 305-766-2642 to schedule a private showing of this beautiful waterfront unit at Key West's premier waterfront condominiums. I am a buyers agent and a full time Realtor at Preferred Properties Key West. Let me hep you find your place in Paradise.


Saturday, January 4, 2014

God Lives Above Eddie's Red & White


One of the earliest memories I have as a child was my mother dropping me off at my grandmother's house in the dark of the early morning. The year would have been around 1949 or 1950. My mother was off to her job at a hospital where she was a telephone operator. My dad was in Greenland working on building Thule Air Force Base.  So in those early years of my life, my grandmother was the guiding force in determining who I would become as a man.
My big brother and me outside the hospital where my mother worked
 My grandmother's house was located on Yates Street in North Denver. The Denver Tramway (streetcar) ran down the middle of her street and terminated near the Lakeside Amusement Park. I have read that amusement parks were typically located away from city centers - out at the edge of towns where land was cheap.  Houses in her neighborhood were mostly modest bungalows built in the late 1800's and early 1900's.  This was at a time before subdivisions were built where all houses looked pretty much the same and before there were shopping centers. Instead, neighborhoods had a small shops where are residents would buy the necessities or get a haircut. This was also a time before everybody had a personal car and when many people relied on public transportation such as a bus or streetcar.  I remember riding the tramway to downtown Denver one summer day where I purchased a goldfish at Woolworths. The lady at the store put my goldfish in a container that looks like a modern day Chinese take-out container.  By the time we got home, the fish was dead. My first funeral. The tramway went out of business in Denver in 1950. I was three years old.
Eddie's Red and White was a two story building located at the opposite end of the block where my grandmother's house was located. The grocery was located on the ground level.  The owners (Eddie and Mrs. Eddie) lived on the second floor. My grandmother and I would walk the block quite often to buy whatever it was she needed on any given day. Two picture windows flanked either side of the entry door. Shelves lined the walls from the floor as high as the ceiling and from front to back, at least that is how I remember it. Small tables with fruits and vegetables were located near the shelves.

Mrs. Eddie was the greeter and cashier. She stood behind a counter that ringed the front part of the store where customers would place the canned goods, vegetables, and meats. Mrs. Eddie was such a sweet older woman. She always smiled at me and was pleasant to my grandmother. They exchanged comments like they were friends.

Eddie was the butcher.  He stood behind the meat counter where he would cut and wrap meat in white paper which he would then tie with a string or tape. The floors in the store were wood. However, sawdust lined the floor behind the meat counter where Eddie worked. I will never, ever, forget the image of Eddie. He always wore black trousers, a white shirt with the cuffs turned up, a black tie, a long white apron with straps tied behind his back, and a white hat tilted forward on his head. His hair was white. He always wore gold wire framed glasses that almost disappeared against his pale white skin. Eddie always had a smile on his face and he always had something kind to say to me.

My grandmother and I would walk the block back to her house with our groceries.  Life was simple then.

I attended the Berkley Methodist Church at the corner of 43rd and Sheridan Street which was located between my grandmother's house and where my family lived a few blocks to the west in the tiny little Town of Mountain View. I attended bible school and church services from as early as I can remember. Whenever the Sunday school teacher or the minister would say the word "God" Eddie's image appeared in my mind's eye. Still to this day whenever I think of God, I see Eddie.

In February 2013 I traveled back to Colorado to attend memorial services for Judge Francis W. Jamison.  I clerked for him when I was in law school.  I had not been back to Colorado for twenty years. I arrived just as a snowstorm hit Denver and left in a blizzard a few days later. The temperature was 20 degrees when I landed. I instantly remembered why I left.

During the following two days I drove past various places that were a part of my life before I moved to Key West. I took photos of my elementary school which now looks abandoned. My childhood house had been added onto several times. The white picket fence, the trees, and gardens my dad put in were all gone. My high school was torn down but had been replaced with a larger building. When I was a kid we would drive the A and W Root Beer stand on 38th or to Wheat Ridge Dairy for a malted milk. The dairy is now an Italian bakery. The places and streets of my youth were totally foreign to me. The first house I purchased as an adult, however, looks great.
What used to be Mountain View Elementary School
The former Wheat Ridge Dairy
The first house I purchased as an adult
I drove by my grandmother's house. Her house, Mrs. Bunger's to the north, and Mr. and Mrs. Simpson's house to the south were still there. But none of the houses looked like they did over sixty years ago. Instead of walking I drove rental car the one block south to see Eddie's Red and White. The building was no longer a grocery.  The brick was painted a lighter shade of red. The Coca Cola or Pepsi Cola logo on the side was painted over. I stood there and reminisced. I saw Eddie and Mrs. Eddie and my grandmother and little me.
Eddie's Red and White
I got back in the car and drove a couple of blocks to my see my old church. I wanted to cry. No the church was still there. It had not been torn down. The Spot Grocery, another small neighborhood grocery and the adjacent three seat barber shop were gone. One of the major moments in my life was graduating off the booster chair and onto the regular barber chair. A liquor store sits on that location.
What bothered me about the church of my youth was the neon sign in front of the building. I remember the church as it was in the 1950s when the nice men and women would walk out the front door after Sunday service and shake hands and converse. They wore suits and dresses and were kind to one another. Where they once stood is now that neon sign. NEON.

On New Years Day I had coffee with a buyer from several years ago. We meet a couple of times a year when she and her family are in Key West. Her son Harry was little more than an infant when we started to look at properties. He is now five. Like a lot of little ones in America, Harry often uses his mother's iphone.  During Christmas week he was asking a lot of questions about Jesus Christ. He looked at his mother and asked "Can you FaceTime with God?"






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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.
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