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Monday, May 26, 2014

623 Thomas Street #A - Key West Bank Owned Condo


Just Listed, but not by me, 623 Thomas Street #A, Key West, Florida . This is a Bank Owned condominium located opposite to the entrance to the Shipyard Condominiums in Key West, Florida.  Now this unit is nothing like the nice little condos over at the Shipyard, but it isn't priced like those units either.

I dug down deep into my old shoebox and found a photo taken about fifty years ago of this multi-unit building.  The building was converted to condominiums around 2002. (The online property records do not show any records other than siding replacement. That does not mean permits were not taken out. It just means the records for this property are not shown online.)

This unit is a one bedroom. There is no closet for the bedroom. The living room and dining area are quiet spacious. The kitchen is at the rear as is the bathroom. It appeared to me that the original floors were replaced when the property was converted to  a condominium. The floors for the most part are in very good condition. 
A single door in the kitchen and French doors in the living room open out to a long deck that wraps around the back of the house. The side and rear yard are totally unsuspected. 
The listing Realtor describes this property this way: "Fantastic Old Town Location! Make This Your Own With Your Personal Touches Needs Some TLC. This One Bedroom And One Bath Offers High Ceilings And French Doors Leading To Your Open Porch. Common Area Offers A Private Fenced In Yard." I do not know if the unit owner has exclusive use of the outdoor space. However, it is the only unit with access to the yard. CLICK HERE to view the Key West mls datasheet on this unit.  This 454 sq ft first floor condominium is offered for sale at $244,900

I took more photos of this unit that show the rooms and exterior from many different angles. CLICK HERE to view more photos.  Then please call me, Gary Thomas, 305-766-2642 to schedule a private showing of this economically priced condo.  I am a buyers agent and a full time Realtor at Preferred Properties Key West. This place needs some TLC but it has a lot of upside potential. 



Sunday, May 25, 2014

812 Johnon Ln Key West - Open House


If you are out and about today please drop by my new listing at 812 Johnson Lane between 12 to 3.  If you saw this house before, you must see it now because it is not the same place.  It is in move-in condition and it is as cute as a button.

If you're a poet and ya'know it, there is a writer's cottage in the back that can be used as a guest bedroom. There's an all new bath addition plus laundry room that did not exist before. The outdoor shower now has a shower curtain. The main house now has brand new central air conditioning, a new kitchen, new bath, two new bedrooms, new entry hall - just about everything here is new.


Open the Front Door and walk down the entry hall as you experience the first sight of your potential
little dream home with guest cottage in Old Town Key West. This place is now really cute and
is offered for sale at $849,000.  Instead of buying a fixer in a dubious location, but this cutie that is located on a quiet lane within a three block walk to all the Duval Street offers. Remember most of the gyms and yoga studios are located with three to five block walk as well.  This property would work well as a vacation rental as well. It has what second home owners are looking for - no work, great location, three bedrooms, two baths, pool, and double off street parking and it is priced well under one million dollars.




Saturday, May 24, 2014

812 Johnson Lane - Old Town - Key West

 Just Listed by yours truly, 812 Johnson Lane in Old Town Key West. This two bedroom home has just been completely renovated and awaits a new owner. But there's more to this house than meets the eye from the street. You see this home has guest cottage at the rear that is located behind the free form heated pool. That means you will have a total of three bedrooms, a pool, and off street parking all within a three block walk to Duval Street.
The house has new drywall, flooring, electric, plumbing throughout the main house. There's a brand new never used kitchen with Stainless Steel Appliances and Granite Counter Tops where washing dishes will be less a chore will you look out to the pool and guest cottage. Both bedrooms were redone and expanded. They now have recessed lighting and enlarged closets. The bath was rebuilt and now features a travertine marble floors. Brand new central air conditioning was just installed as well. The roof was replaced in 2011.
The rear portion of this property got a total renovation as well. A new bath and laundry room were add to the previously existing cottage. Now that space can serve as a writer's workshop, artist's studio, or a guest room. There is an outdoor shower as well. New dramatic light system was added to the pool. Most of the decking was replaced.
Don't worry - they can't see over!
CLICK HERE to see more photos of this really cute Key West home with guest cottage. It has bricked off street parking for two cars. Imagine all of that and it is priced at only $849,000.  Call me, Gary Thomas, 305-766-2542 to schedule a personal showing. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in beautiful Key West, Florida.

Friday, May 23, 2014

311 Elizabeth Street, Key West Florida - Old Town with Transient License

Just Listed by Preferred Properties Key West, that's where I work but this is not my listing, 311 Elizabeth Street, Key West. This historic old Grand Conch home is located at the foot of the Historic Key West Seaport and just two blocks from Duval Street. It has a very valuable Transient Rental License, a great pool, and off street parking.  The listing Realtor describes this property as:
"This is a grand historic home with double porches on a great block of Elizabeth Street in the heart of old town. The property has a spacious owner's apartment plus two transient guest house units, one in a separate poolside cottage. The classic architecture features Dade County pine, high ceilings and expansive rooms. The large owner's apartment is in the main house. The pool is surrounded by lush tropical foliage and decking. The entire property is fenced for privacy. The property includes a coveted off street parking space. The A+ location is close to the Land's End area shopping & marinas and Duval Street. Some TLC will make this jewel shine!"
 
I dug down into the old shoebox and found the black and white photo two above that was taken nearly fifty years ago.   The photo immediately above is very recent. Shutters, flags, and tropical vegetation give the old girl a bit more flair.  I checked the Sanborn Fire Maps and first found 311 Elizabeth Street specifically noted on the 1899 map.  When I recently stepped inside the house to take photos, I could tell this was indeed an old house. Although most of the downstairs was updated in the past twenty years, the dark Dade County Pine walls in the main floor living room and ceilings were a dead giveaway that this was a very old house indeed.
The property has three living spaces that are recognized by the City of Key West. They include (1) the main floor owners' unit, (2) second floor apartment with associated guest house licensed room, and (3) a guest cottage also with a guest house licensed room. There is an attached guest suite extension from the main floor owners unit that includes a living room, Pullman kitchen, bath, and bedroom. 
The detached guest cottage is as large as many of the smaller homes and condos in the Old Town area.  The great room has a tall vaulted ceiling with skylight and a bright and cheery kitchen. A steep stairway leads to a large second level sleeping loft which would accommodate two queen size beds.
The guest suite attached to the rear of the owners' main level living area is quite large. It includes a Pullman kitchen (two above), a living room, bath, and good sized bedroom.
CLICK HERE to view more photos I took of this property.

311 Elizabeth Street is offered at $1,695,000. It has a total of seven bedrooms, four baths, four kitchens that occupy 3124 square feet of space on the 5269 square foot lot.  CLICK HERE to view the Key West mls datasheet.  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. 

Thursday, May 22, 2014

The Projects of Key West or How to Endure Torture

A few weeks ago I wrote an updated blog on what I call the Projects of Key West.  It discussed current renovation projects and new construction for properties principally located in the Old Town Casa Marina areas on our little island home.

During the past several months locals and visitors have been watching as city and state government and private companies have undertaken several large construction projects that will substantially change the way Key West looks for decades to come. Today's blog is intended as a brief comment on those projects.

I first blogged about the North Roosevelt Boulevard renewal project around Christmas in 2012 when the State of Florida Highway Department began the planned two year project to widen the road, replace existing seawall, replace and widen the sidewalk,  replace huge sewer lines, create new catch basins for storm runoff waters, replace street lights and signals, and add a couple of miles of beautiful towering palms to add new welcome locals and visitors to the Olde Island. The entry way on the water side of Roosevelt Boulevard is nearly complete and it is much prettier than before.

After the first phase of the project between White Street to Eisenhower Drive was completed, the Highway Department made Roosevelt a one way street from the beginning at Cow Key Channel Bridge to Eisenhower. Outgoing traffic was routed eastward on Flagler Avenue which is a mix of residential and commercial.  Businesses on Roosevelt felt the pain of lower usage and  residents and businesses on Flagler had to cope with noise and congestion 24-7.  The Highway Department eventually caved in to public pressure and allowed two way traffic on Roosevelt.  

The above photo taken was by workers in the WPA during the 1930s. It shows North Roosevelt Boulevard as is arcs north and west towards Old Town. The barren land to the left will later be filled and developed into the hotels, shopping centers, car dealerships and restaurants of modern day Key West.

US NAVY photo above was taken in November 1941. It shows Stock Island where US 1 enters onto the island of Key West and turns northwest to become North Roosevelt Boulevard.   The black and white photo below was taken about 65 years ago.  It shows where US1 arcs to the right and nears the turnoff to Stock Island.  I think the sign was probably located across from the current Searstown shopping center.  Sometimes I think they should have torn down the bridge and left Key West the way it was.
In September 2013 I wrote about the temporary closure of several hotels located at the entrance to Key West. Some of the original buildings were demolished while others were taken down to original concrete construction for total renovation. The black and white photo below shows the arc at the eastern edge of Key West where US 1 starts its way toward Old Town. The salt ponds and mangroves were filled and became the land on which many of the larger hotels were built that are now being demolished or rebuilt.
Holiday Inn Beachside 1959
The photo two above was taken in 1945. It shows US1 as it enters onto the Island of Key West and becomes North Roosevelt Boulevard. The photo immediately above was taken in 1959. This photo shows the then "new" but now demolished Holiday Inn that was built on infill where US 1 enters onto the island. I chose this photo because it captures the exuberance of the late 50s and early 60s with lots of neon. The Holiday Inn Beachside was demolished and replaced by the new Beachside Resort which is now operated by Marriott Hotels. Holiday Inn relocated across Roosevelt Blvd only to be razed a few years later. The group of  new and renovated hotels is supposed to reopen in 2014.  We shall see.
Former Holiday Inn photographed Sept 2013
Former Holiday Inn as photographed May 2014

The first new hotel you see upon crossing over Cow Key Channel Bridge
A lot of businesses went through hardship during the renovation of  North Roosevelt.  The Checkers Restaurant that was located at 2500 North Roosevelt is now closed. I don't know if the closure is a direct result of the road project or otherwise.  The sign below is posted at the former Checkers' lot. Times are tough!
The old Key West High School (which most recently was the Glenn Archer Elementary School) is in the process of being gutted and will be rebuilt as the new city hall. Several of the larger buildings have been saved while smaller buildings have been demolished. The black and white photo immediately below was taken in the 1930s. It shows the high school on the left. A note on the back refers to the damned fool standing in the road waving his arms. (Not much has changed in Key West in 80 years.) Frequent readers of my blog may recognize the old black and while photo two below.  I appropriated it to use as a banner photo for blogs about Bank Owned properties. Longtime Key West residents may recall that the opening scene of the 1955 movie The Rose Tattoo was filmed on the front steps of the high school.
li
School mascot being removed in anticipation of construction
May 2014

School cafeteria in foreground
No more cafeteria
The plans call for the old school yard to be paved and landscaped to provide on site parking for employees and visitors to city hall. The access is supposed to be limited.  I am a doubting Thomas as to how all of the daytime traffic will impact the immediate neighborhood.

Locals and returning visitors will recognize the 1950s era building at the corner of Simonton and Angela Streets as being the former Key West city hall, police station, and fire house. That building is going to be razed. It will be replaced by a new fire station. The police department relocated to North Roosevelt Boulevard a few years ago.
May 2014
This part of demolition occurred in 2011
May 2014

I moved to Key West during Christmas week in 1993.  A couple of weeks later I was driving my car listening to a local news radio program when the announcer said  Key West City Commissioner Harry Powell took aggressive action to halt the construction of new military housing on the old Peary Court site. The 24 acre site was used as Army Barracks and parade grounds for decades going back to the Civil War.  I found photos of the area taken in the1970s and 1980s that show the site with and then without military housing. The emptied site used as boat storage during the Maril Boat Lift in 1980.   Thirteen years later the Navy started the construction of new military housing on the site. 
Aerial view of the Army Barracks and parade grounds circa 1920
Peary Court circa 1980 after military housing was removed
Peary Court being used for parking of boat trailers during the Mariel Boat Lift of 1980
Peary Court 2014 center of new controversy over how this parcel of ground will be used

According to an article in Key West The Newspaper "For years, the large piece of undeveloped Navy property at White Street and Palm Avenue was used as a park by Key Westers. So when the Navy announced that the property, known as Peary Court, was to be developed for military housing, many locals protested. They argued that the Navy really didn’t need any more housing in Key West and, in fact, was in the process of reducing its presence in here. But it was a hard argument to win. The Navy owned the property and that was that. And construction began in 1993. But former City Commissioner Harry Powell apparently felt stronger about the issue than other protesters. On January 13, 1994, Powell showed up at the construction site and barricaded himself inside of a construction trailer with explosives strapped around his chest. He said he would give himself up if he received assurances that the decision to develop Peary Court would be reviewed by top brass in Washington. Finally, after an all-day standoff, somebody promised Harry that the already-underway development would be reviewed. He was arrested, tried and spent nearly a year in prison."

When I first visited Key West in 1984 the Key West Bight did not look like what it looks like today. Old docks and fishing boats populated the area. Turtle Kraals and the Half Shell Raw Bar were in place, but they didn't look then as nice as they look today. The old Jabour Trailer Court was located steps away on Elizabeth Street between Caroline Street and the water's edge. The boat docks were replaced by expensive boat slips. A new board walk was added.  The old Bight became the Historic Seaport and a tourist destination. As more and more tourists invaded the area, the character of the seaport changed. The trailer court became a very valuable piece of property for future development. More than a decade ago the Watermark Condominium project was announced as the replacement for the trailer court. A group of locals started raising a ruckus over the proposed project and caused the developer and the city to run arond in circles for several years trying to placate the noisy neighbors. Then the recession occurred and the project hit the skids.  The property was foreclosed. Local developer Pritam Singh and partners acquired the property and are now in the process of constructing a new 96 room hotel on the site. 

It will be interesting to see how well the new hotel really does blend in with the old houses of the area. Many of the old houses on Caroline Street (above) have been taken down or converted to some type of commercial use. The loss of any one residential use didn't take that big of a toll on the area, but the loss of almost all full time residential use has changed it. The introduction of 96 new hotel rooms will have an impact. I am not an opponent of the hotel. But I know Caroline Street will never be as quiet after the new hotel is opened. Part of what I absolutely loved about Key West on the very first trip I made here was that it was not like all of the other places I had been. It was like the town was a little time capsule of some past generation. Things were not perfect. The roots of the giant old trees caused the sidewalks to crack and heave. Palmetto bugs fell from the trees onto the sidewalk as I walked down the dimly lit streets on my way back to my guest house. Some of the old houses themselves were creepy. I mean who wouldn't have a sense of foreboding walking down a street and seeing a wood house that hadn't been painted in decades with wood shutters barely attached?  The boogeyman must live inside, mustn't he? It was that imperfection that made Key West so damned appealing to me.

The newly improved North Roosevelt Boulevard, the new hotel collection at gateway to Key West, the new 96 room hotel at the Historic Seaport, the new Old Town fire station, and the new city hall will forever change the way visitors and locals see and use the projects that are at least momentarily disrupting our lives. I am sure that everybody involved is trying their best to make Key West a better place. I know the board members on the Historic Architectural Review Commission and the Planning Board have the best interests of Key West in mind when they review pending projects. My fear is that their zeal for correctness will turn our imperfect little town into a caricature of a Disney town.


Many of the photos used herein were borrowed from the Florida Keys Libraries online photo album.

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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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