May 2013 Real Estate Activity, Upper Florida Keys

May was an active month in the Upper Keys. 91 new listings were added to the market, 78 properties went under contract and 79 closings took place.

New Listing – 470 Sunset Drive

Among the new listings, there is a true fixer-upper listed for just $174,900.  This 2 bedroom, 1 bath home has just over 1,000 sq. ft. of living space and is a nice neighborhood. It is also a Fannie Mae HomePath property, making a purchase possible with as little as 3% down.

Pending Sale – 95401 Overseas Hwy.

Pending listings include a 2 bedroom, 1 bath home that was just listed for just $134,900. This home sold very quickly within a matter of days.  This all concrete home is located on the Overseas Highway at MM 95.4 and is in good condition with tile flooring throughout.

Closed Sale – 209 N. Airport Road

Sold listings included a large concrete home on a private airstrip with a boat slip in the marina. This was a bank owned home and was not yet completed. I imagine that we may see this property back on the market for a higher price once the new owner completes the interior. It was listed for $486,000 and sold for $64,000 over asking price.

To view the listings, follow the links below:

New Listings
Pending Sales
Closed Sales

Listing information is gathered from the Florida Keys Multiple
Listing Service (MLS).  Listing links will automatically expire after 7/3/2013