Market Update – Florida Keys real estate activity May 21st thru June 3rd, 2012

The last two weeks gave us the last big weekend in the Keys – Memorial Day Weekend and the official start of Hurricane season – June 1st. Welcome to the slow season in the Florida Keys.

The real estate market has been active, although a bit slower than when we are ‘in season”.  124 new listings came on the market, 110 properties went under contract and 98 properties sold.

Pretty Joe Rock – Offered at $1,500,000

How would you like you own island?  One of the new listings is a private just off Marathon. Pretty Joe Rock has a nicely equipped cottage on the island complete with water and electricity.  It is offered fully furnished as well. There is an easement and dock onshore to provide access to the island. Offered at $1500,000.

Pending – 13 S. Exuma Rd. Offered at $650,000

Pending sales include a beautiful pool home in Key Largo. This 3/2 home is located near the 18 mile stretch, making it a perfect commute to the mainland. It is all concrete and has 80′ of dockage with instant ocean access.

1152 Westshore Drive – Sold for $1,325,000

Sold properties include a magnificent oceanfront estate on Big Pine Key. This stunning estate was offered as a short sale. Just shy of 4,000 sq. ft. of living space, this home has 3 bedrooms and 2.5 baths. It is on open water with endless views. Originally listed for $2,950,000, it sold for $1,325,000.

Follow the links below to view the listings:

New Listings
Pending Sales
Closed Sales

Listing information provide by the Florida Keys Multiple Listing Service. Listing links will automatically expire on  7/5/2012