Real Estate Activity in the Florida Keys – August 29th to September 4th, 2011

The kids are back in school, the Labor Day weekend is behind us and summer is slowly slipping away as we head towards Autumn here in the Florida Keys.

Summer is traditionally the slowest time of the year in the real estate market. This summer has been no exception, although it has seemed a little more active than years past.

This past week 53 new listings came on the marekt, 45 properties went under contract and 49 properties closed.

Coral Harbor Club – offered at $450,000

Of the new listings, there is a very nice unit in Coral Harbor Club – an upscale condominium complex on the oceanside in Islamorada. This 3 bedroom 2 bath unit also comes with a 30′ deeded boat slip within the marina – which also includes on-site fuel service – something that most condos do not have. It is offered at $450,000

Plantation by the Sea – under contract

Pending sales include the 2 bedroom 1.5 bath condo at Plantation by the Sea, Tavernier. Listed at $169,500, this bank owned property was on the market just 10 days before receiving multiple offers.  I am happy to report that I am working with the buyer of this property. It should be closing soon and once it closes, I’ll announce the price here.

1800 Atlantic – Closed sales in Key West

Closed sales include not one but three units at 1800 Atlantic – a very popular condominium in Key West.  These units have long been regarded as one of Key West’s upper scale developments, with most units having direct ocean views. Vacation rentals are allowed, providing the owners with a nice rental income. Sold prices ranged from $429,000 to $4665,000.

Follow the links below to see the properties.

New Listings
Pending Sales
Closed Sales

If you would like to learn more about any of the listings or sales, don’t hesiate to call or email.

Listing information is gathered from the Florida Keys Multiple Listing Service.  Links will automatically expire after 10/6/2011