Market Update – Florida Keys real estate activity July 9th to July 15th, 2012

Interested in the lateset news from the real estate market here in the Keys? Read on!

The past week saw 71 new listings come on the market, 56 listings go under contract and 20 listings closed. Not bad for the off season!

Summer Sea Condominiums – Listed at $389,900

New listings include a rare double unit at Summer Sea Condominium in Tavernier.  This 2 bedroom, 2 bath unit is nearly 1,200 sq. ft in size – well above average for a condo. It has been totally renovated and amenities include large pool, boat storage, first come dockage. Short term rentals are allowed.  It is offered at $389,900.

Pending Sale – Listed at $642,900

Pending sales include a bank owned property in Key Largo I wrote about last week.  This large custom home has over 3,500 sq. ft. under air and offers immediate ocean access. Custom kitchen, marble floors and huge roof-top deck are among the features. It was listed for $642,900 at time of contract.

Sold in Islamorada for $485,000

Closed sales include a spacious canalfront home in Islamorada. This 2 bedroom,2 bath home has over 2,100 sq. ft. of living space and a concrete dock with boat lift. It was sold turn-key, ready for the new owner to start enjoying the Keys life. Originally listed for $699,000, it sold for $485,000.

To view the listings, follow the links below:

New Listings
Pending Sales
Sold Listings

Listing information is gathered from the Florida Keys Board of Realtors MLS. Listing links will automatically expire after August 16th, 2012.