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Sunday, April 5, 2020

The Commercial Projects of Key West - Spring 2020

How many readers remember when there was an F.W. Woolworth's located at the Searstown Shopping Center or a J.C Penny store located at the Overseas Market? Or that there was a Kenny Rogers Roasters located at 2514 N. Roosevelt Blvd before it became Centennial Bank? We drive by houses and buildings so often that we sometimes miss the changes that occur. And sometimes we see places so infrequently that we can't remember what is used to look like.  Today's blog is a continuation in a series showing some of the more notable commercial projects in Key West.

I encourage readers to hit the CLICK HERE link in each series.  There are some historic and many progress photos.  Any reader is welcome to save and re-use any photo here. 

2120 North Roosevelt Blvd.
The black and white photo at the top was taken of the original Burger King restaurant in 1965. The photo below it was taken a couple of days prior to Hurricane Irma in September 2017. The roof got damaged in the storm and Burger King never reopened.  I started photographing the renovations in September 2019 and the completed pictures this past weekend. I was out of the country in early December 2019 when Popeye's opened but well remember the first time I drove past. Cars were backed up more than a block on North Roosevelt waiting to go there. And the parking lot was jammed with cars. CLICK HERE for more photos.

2222 North Roosevelt Blvd.
April 1, 2019
March 28, 2020
I began taking photos of the former Yamaha dealership at 2222 North Roosevelt in December 2018. Much of the original building was glass. Workers took the place apart bit by bit with the glass remaining in place and unbroken.The dis-assemblage seemed to go on forever. After the roof was removed, painters re-painted the iron frame and then installed a new roof.  Concrete blocks were added along with a new skin. The lot was paved and new signage added last week. CLICK HERE to view the laborious process. Compare this project with a much larger project going on across the street at 2401 North Roosevelt Blvd.

2401 North Roosevelt Blvd.
I found the 1950 black and white photo of the Hilton Haven Motel which became the Banana Bay Resort located at 2401 North Roosevelt (aka 2319 N. Roosevelt) which was razed in 2018 along with the adjacent Fairfield Inn. A substantial amount of fill was brought to elevate the site above flood plane. Trees from the original Banana Bay resort were replanted shortly after the fill dirt was added. Two separate projects were built at the same time using different building techniques. I believe the building in the foreground is going to be long term living while the building in the rear will be a hotel. I was amazed how quickly this massive development took shape. CLICK HERE to see all the photos.

2312 North Roosevelt Blvd.
Our office listed the former Banner Tire at 2312 North Roosevelt Blvd which I blogged about a couple of times. This is property enjoyed a huge frontage on North Roosevelt Boulevard heading toward Old Town. The Key West Yacht Club is located across the street. I was hoping for a more  upscale development. We ended up with a SONIC. CLICK HERE for more photos.

1119 White Street
The old gas station still survives after being re-purposed as a bagel shop, a gym, and now a vacation rental check-in center. White Street is a thriving little street with several restaurants and hair salons, yoga studios, gyms, butcher shop, grocery store, tile stores, pet store, and more and more. The Atlantic Ocean is four or five blocks to the south. CLICK HERE to see more photos. Congratulations to Brenda Donnelly for taking on this project. I wish her a speedy recovery to her business which was thriving before the shutdown.

1515 Bertha Street - Marty's Place
Marty's Place was a 16 unit independent housing apartment complex located at 1515 Bertha Street, Mid-Town near the high school and within walking distance to the Atlantic Ocean. AH Monroe County demolished the former cottage style units to build 47 one bedroom units (12 ADA units) with a mix of independent and assisted living apartments. A health clinic will be housed in the building. There will also be 16 parking spaces. It is predicted most of the residents do not drive cars. The cottages and trees are gone but there are three times as many living units most of which are larger in size and much better construction. CLICK HERE for photos.

825 Duval Street
825 Duval Street - 2011

825 Duval Street - January 2020
Several of the historic old homes in the 800 block of Duval Street were torn down years before the Old Island Restoration Foundation ws formed to halt the destruction of our old treasures. Duval Street had several gas stations including one at 825 Duval Street shown above. I remember the renovation in the late 1990s still evident in the 2011 photo. I was driving on Olivia Street in early January and snapped a photo of the most recent redo. It is so eerie to see Duval Street free of people. They will return. They may be wearing gas masks at Fantasy Fest but they will return.

Truman Avenue Guest Houses
701 Division Street
701 Truman became El Siboney Guest House
705 Truman became Chelsea House
707 Truman Ave present day
705 Truman Ave present day
El Siboney Guest House Destroyed by Fire 1985
The color postcard at the top of this series shows some of the Grand Old Dames located on Division Street as it was called in the 1920s. The street later became Truman Avenue. 701 Truman Ave later became the El Siboney Guest House which was destroyed by fire in 1985. 705 Truman Ave became the Chelsea House and 707 Truman became the Red Rooster. In 2018 a California hotel group purchased several guest houses in Key west. The new owner undertook a massive renovation of each property in 2019. The Truman Avenue buildings were completed just a short time before the Corona shutdown. I do not look at the shut down as fatal to this project. This owner took their properties off the late 2019 to mid 2020 season to upgrade the properties. They have a long range view of our market. My take on this is that guest houses like these are the reason Key West has been so popular with visitors. You can stay in a resort style hotel anywhere in the world. These places are like your grandmother's house - if she were rich. People will flock back to Key West as soon as they can.  CLICK HERE to view more photos.

2814 North Roosevelt Blvd
 I added the recent sale of the Overseas Market to remind readers how vibrant our local economy has been and will return to.  We have three good sized shopping centers with large grocery stores. All three stores are open and are always busy.  The only difference now is that we do not have the Searstown Publix overwhelmed by rich tourists buying up all the delicacies.  Go there or the Eaton Street Fish Market and you will see what I mean. They cannot spend enough money. Don't fear folks, they will return.


Monday, March 30, 2020

ER 1



I know it is going to get better. But it is getting worse.

Saturday, March 28, 2020

Another Side of Key West


My first fact to face contact with potential buyers normally occurs when I pick them up at their hotel - usually five minutes before our first showing. I roll down the passenger side windows and welcome them into my car where we introduce ourselves and head off to showings.

As we move from house to house I ask as many questions of the customers as they do of me. Sometimes I feel like an unpaid tour guide or concierge - I often get asked for restaurant recommendations. Most of my buyers are looking to purchase a second home and many of those are considering renting the house for some part of the year. While full time owners might inquire about schools, second home buyers are usually more concerned about potential rental income, proximity to Duval Street, the seaport, the beaches, and crime.  Buyers from big cities often bring pre-conceived notions about crime being as bad here as it is where they come from. That is just not the case.

I suggest that the buyers do as I do: visit the Monroe County Sheriff's Office website to check the daily crime report as I call it. The website shows arrests in Monroe County for the past seven days and identifies the person arrested, where he/she lives, date of birth, occupation, arresting officer, arrest location, and the charge. I go to the site everyday. It is a part of my job. I need to know where bad things occur; where bad people live; and what arrested folks are charged with doing. Being charged does not mean people are guilty. But most are. Of something.

I tell potential buyers that there is little person on person crime in Key West - like assaults, robberies, and so on. Most of the arrests here are for driving under the influence, possession of illegal drugs, assaults in bars by drunks on drunks, domestic fights in homes and hotels, thefts of food from shopping centers by the homeless, and conditional release violation - getting caught doing something bad while out of jail on bond. I tell buyers they can walk the streets safely even late at night. Everyone should be careful, but no one should be fearful.

I think a measure of any society is how it treats those accused of a crime. Below are photos of people arrested by the local police, the county sheriff, and the highway patrol. I was kidding about most people being guilty - well a little kidding and a little serious. Everybody is presumed innocent. Below are people who appeared in the crime report and are presumed to be innocent. This is another side of Key West most people are not aware of.


Disclaimer

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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