This however is a great buy on this bank owned property (3814 Flagler Avenue, Key West, FL)! Can you believe it, a 5 bedroom 3 bath waterfront house on a huge lot (1/3 of an acre) just reduced to $699,000! In addition to the 3106 sq ft of living area there is also a two car garage. At this asking price that calculates to only $255/square foot. Remember the old days when waterfront property would go for around $800/sq ft? This has to currently be the best buy in Key West.
This property was purchased by an owner of a local real estate company (who has since left town) in 2004 for $1,050,000. It was originally listed for sale in June of 2009 for $1,250,000 and has just had its fifth price reduction down to $699,000. For any one who needs a lot of space and would enjoy living on a canal this is a great opportunity. Oh did I mention that it also has a pool, not just a little dipping pool but a hotel size pool. The seawall is 105' long with a step down. You could dock a couple of boats here.
Has anyone noticed how cold it has been in Key West? Worry not; this house has a real cool looking elongated stylish fireplace in the great room. Ok, something has to be wrong. Well, the former owner's wife had some unique taste in wall colors. That is easy to fix just try imagining off white as you walk through. Yes, she had probably been bugging her husband for some updating in the kitchen and the baths before the economy turned bad. He was right when he said they are perfectly fine the way they are. He was right, but in her defense they are really dated.
Ok folks, here it is a great chance for a waterfront "steal". Call me if you know of anyone who would like to see it. It is easy to show.
http://kwhomes.net
http://joannetarantino.blogspot.com
http://activerain.joannetarantino.com
No comments:
Post a Comment