CondominiumsDockageFlorida KeysFlorida Keys Real EstateFlorida Keys Real Estate MarketInvestmentMoon Bay January 24, 2025

Moon Bay Condominiums: A Key Largo Treasure with Unmatched Amenities and Investment Potential

Moon Bay Condominiums in Key Largo is a gated waterfront community on the serene Florida Bay, offering a perfect mix of tropical relaxation and investment opportunity. With its weekly rental policy, Moon Bay is ideal for investors or those seeking passive income. Enjoy it as your private retreat or earn income by renting it out when you’re away.

Currently listed at $975,000, Unit A501 is a standout offering in the community. This updated, fully furnished corner-end unit boasts unparalleled bay views and a screened balcony, perfect for enjoying stunning Florida Keys sunsets. Included with the unit is a deeded 30 ft. boat slip (#63) with a boat lift—perfect for avid boaters ready to explore the pristine waters of the Keys.

Moon Bay isn’t just about the views; it’s about the lifestyle. Residents enjoy a wealth of amenities, including:

  • A refreshing heated pool with a spacious sun deck.
  • A clubhouse complete with a kitchen and lounge for entertaining.
  • Tennis courts for a friendly match or some exercise.
  • A private marina for easy boating access.
  • Fishing docks for enjoying peaceful mornings on the water.
  • A BBQ and picnic area, ideal for outdoor gatherings with family and friends.
  • A game room and saunas, adding extra comfort and recreation options.

Conveniently located just an hour from Miami, Moon Bay offers the best of both worlds: a peaceful escape and easy access to Miami International Airport, PortMiami for cruises, and all the city’s attractions.

Don’t miss your chance to own Unit A501 at Moon Bay Condominiums—a beautiful property that combines luxury, convenience, and income potential in the heart of the Florida Keys!

Click here to view the details for unit A501

Listing provide courtesy of Diana Lynn Fiddes, Coldwell Banker Schmitt 

above floodbelow floodbuying advicefemaflood insuranceflood insurance reformflood zonesFlorida Keys Real EstateFlorida Keys Real Estate Market January 23, 2025

Understanding “Above Flood” vs. “Below Flood” Homes in the Florida Keys

When buying or selling a home in the Florida Keys, one of the most significant factors to consider is whether a property is “above flood” or “below flood.” This distinction doesn’t just impact the structure of the home—it also plays a crucial role in determining insurance costs and resale value.

What Does “Above Flood” and “Below Flood” Mean?

The terms “above flood” and “below flood” refer to the home’s elevation in relation to the Base Flood Elevation (BFE). The BFE is determined by FEMA and indicates the minimum height to which floodwaters are expected to rise during a 100-year flood event.

  • Above Flood: Homes built above the BFE are considered safer from flood risks. These properties are often elevated on stilts, pilings, or built on fill, ensuring the living space is higher than potential floodwaters.
  • Below Flood: Homes below the BFE are more vulnerable to flooding, as their living areas sit at or below the expected floodwater levels.

Insurance Implications

Flood insurance is a critical consideration for any property in the Florida Keys due to the area’s susceptibility to hurricanes and rising sea levels. The elevation of a home directly impacts flood insurance premiums:

  • Above Flood Homes: These homes typically qualify for lower flood insurance premiums because their design reduces the risk of water damage. Owners often save significantly on annual insurance costs, making these properties highly desirable.
  • Below Flood Homes: Homes below the BFE face higher flood risks, resulting in substantially higher insurance premiums. Additionally, obtaining coverage may be more challenging, especially for older properties not built to current FEMA standards.

Market Value and Resale Considerations

  • Above Flood Homes: Due to their lower insurance costs and compliance with modern building codes, above-flood homes are often more attractive to buyers and can command higher resale values.
  • Below Flood Homes: While these homes may initially be more affordable, the higher cost of flood insurance and potential flood damage risks can deter buyers, impacting long-term value.

Key Takeaways for Buyers and Sellers

  1. Know the Elevation Certificate: Whether buying or selling, obtaining the property’s elevation certificate is essential to understanding its flood zone and insurance implications.
  2. Factor in Insurance Costs: Buyers should account for flood insurance premiums in their budgeting, while sellers should highlight any flood mitigation features to attract buyers.
  3. Consider Future Resilience: With rising sea levels and stricter building codes, properties that are above flood may offer better long-term value and peace of mind.

Navigating the nuances of “above flood” and “below flood” homes in the Florida Keys requires expertise. As a seasoned real estate professional with decades of experience in the region, I’m here to help you make informed decisions that protect your investment and fit your lifestyle.

Buyingbuying adviceCondominiumsDistressed PropertyFixer UpperFlorida KeysFlorida Keys Real EstateFlorida Keys Real Estate MarketIslamoradaKey Largoproperty for sale January 22, 2025

Discovering Hidden Gems: Purchasing a Home in the Florida Keys for Under $500,000

When many people think of the Florida Keys, images of luxury waterfront estates and million-dollar views often come to mind. While it’s true that the Keys are home to some of the most coveted real estate in the country, there’s a common misconception that owning property here under $500,000 is out of reach. However, with the right approach, it’s entirely possible to find your slice of paradise within this budget.

Why the Florida Keys?

Living in the Keys offers an unparalleled lifestyle. From breathtaking sunsets and world-class fishing to a strong sense of community and year-round warm weather, the allure is undeniable. But beyond the dream-like appeal, the area also boasts excellent schools, convenient shopping, and a range of outdoor activities.

Opportunities Under $500,000

While the high-end real estate market often dominates the headlines, there are hidden gems available in the Florida Keys for buyers with a budget of $500,000 or less. Here’s how:

  1. Exploring Off-Water Properties
    While waterfront homes may command premium prices, inland properties and those located on canals or off the beaten path can be surprisingly affordable. These homes still offer the charm and proximity to the ocean without the waterfront premium.
  2. Condos and Townhomes
    The Keys have a variety of condo and townhouse communities that provide an affordable entry point. Many offer amenities like pools, marinas, and maintenance-free living, making them an excellent choice for first-time buyers or those seeking a vacation home.
  3. Fixer-Uppers
    If you’re open to a little elbow grease, a fixer-upper could be the way to go. Renovating a home allows you to customize it to your tastes while potentially building equity.
  4. Key Largo and Beyond
    While Key West often garners the most attention, areas like Key Largo, Marathon, and Big Pine Key offer more budget-friendly options. These communities provide a quieter pace of life while still delivering that coveted Keys lifestyle.

Insider Tips for Finding Affordable Homes

  • Work with a Local Expert: A real estate professional who knows the Keys can help you identify opportunities that align with your budget and goals.
  • Stay Open-Minded: Expanding your search criteria, such as considering smaller homes, older properties, or different neighborhoods, can reveal unexpected options.
  • Act Quickly: Properties in this price range are often in high demand. Being pre-approved for a mortgage and ready to make an offer can give you a competitive edge.
  • Leverage Local Knowledge: Targeted mailing lists and local market connections can uncover off-market properties or those about to be listed.

A Dream Worth Pursuing

Buying a home in the Florida Keys for under $500,000 might require creativity and flexibility, but it’s far from impossible. With a little patience and the right guidance, you can find your dream home and start living the island life you’ve always wanted.

Whether you’re seeking a full-time residence, a vacation getaway, or an investment property, there’s something magical about calling the Keys home—and that magic is accessible to more people than you might think.

If you’re ready to start exploring the possibilities, reach out today to discuss your goals. Let’s find your piece of paradise together! Click here to see a list of properties under $500,000 in the Florida Keys.

buying adviceConstructionFlorida Keys Real EstateFlorida Keys Real Estate MarketHurricane IrmaHurricane RecoveryhurricanesMetal Roofingreal estate market January 21, 2025

The Resilience of Metal: A Hurricane’s Test in the Florida Keys

When Hurricane Irma roared through the Florida Keys in September 2017, it left behind a trail of devastation. The storm, one of the most powerful hurricanes on record, tore through the archipelago, battering homes and businesses with torrential rains, gusting winds of over 130 miles per hour, and storm surges that submerged entire islands. But amidst the destruction, one feature stood out for its remarkable resilience: metal roofs.

For years, metal roofs had been regarded by some as an alternative, more durable option to traditional shingle roofs, but it was during Hurricane Irma that the true value of this roofing choice came to light. As the storm began to approach, many residents in the Florida Keys, both full-time residents and seasonal homeowners, braced themselves for the worst. Thousands of homes had traditional asphalt shingle roofs—relatively inexpensive and widely used—but those roofs would face the ultimate test against the fury of a Category 4 hurricane.

The Challenge of Shingles

Shingle roofs, though common, have a significant weakness when faced with high winds. In Irma’s extreme conditions, these roofs struggled to hold up. The sustained winds and gusts tore at shingles, ripping them away in large sections. Once the shingles were torn off, the underlying roofing material, usually plywood or OSB, was left exposed to the elements. Rain poured in, causing significant water damage to ceilings, insulation, and walls.

In many cases, the damage was immediate and catastrophic. The loss of shingles didn’t just result in leaks; it compromised the entire integrity of the home. For many homes in the Keys, replacing a shingle roof meant starting from scratch, stripping away what was left, and rebuilding entirely.

The Strength of Metal

Meanwhile, homes with metal roofs stood in stark contrast. Though not invincible, metal roofs were far more resilient to the intense winds that came with Hurricane Irma. Metal roofs, particularly those made from standing seam panels, are designed to be highly durable, able to resist uplift and deformation under extreme wind conditions. With their interlocking panels and fasteners, metal roofs remain intact much better than their shingle counterparts, especially when the winds start to gust past 100 miles per hour.

For the homeowners who had invested in metal roofing, the experience of Hurricane Irma was notably different. While debris and damage to other parts of their homes were still significant, the roofs themselves often emerged largely unscathed. The metal did not blow off. The interlocking panels held tight, and while a few dents might have been visible from windblown debris, the roof remained intact, protecting the structure underneath.

One resident of Marathon, a small island city in the Keys, recalled how, after the storm passed, she walked out to survey the damage to her home. “I couldn’t believe it,” she said. “The roof was still there, as solid as ever. No leaks, no missing shingles. I could see homes just down the street with entire roofs gone. I was so grateful I chose metal.”

Post-Storm Comparison

In the aftermath of the hurricane, contractors and insurance adjusters quickly noticed the difference. Homes with metal roofs required far less attention and repair. Many of the homes with shingle roofs needed to be completely reroofed, which meant not just replacing the shingles but also repairing water-damaged interiors. In contrast, homes with metal roofs only required minor repairs, such as fixing a few minor dings or replacing small sections of trim or flashing that had been damaged.

Insurance companies also took notice of the stark contrast in damages. While claims for homes with shingle roofs were higher due to the need for extensive repairs, homes with metal roofs saw far fewer claims for roof damage. In the long term, this would lead to lower premiums for metal-roofed homes in hurricane-prone areas, as insurers began to see the value of a more durable roofing option.

The New Norm?

In the years following Hurricane Irma, the trend toward metal roofing has only grown in the Florida Keys and other coastal regions. Contractors report a steady increase in demand for metal roofing, as homeowners seek a more secure way to protect their properties from the inevitable hurricanes. Local building codes, already stringent in the Keys, have also begun to favor metal roofs for their durability and storm-resistance.

While the cost of metal roofing remains higher than that of asphalt shingles, many residents now see the investment as one that pays off in the long run. After all, the destruction caused by a hurricane can be devastating, but knowing your home’s roof will hold up against the fiercest winds provides a peace of mind that no shingle roof can match.

In the Florida Keys, where hurricanes are a part of life, metal roofs have proven that they are not just a choice—they’re a life-saving investment.

above floodCanalfrontConcrete ConstructionFlorida KeysFlorida Keys Real Estate MarketHome For SaleIslamoradaJust Reducedwaterfront January 20, 2025

More for Less in Islamorada! – Just Reduced and Ready for New Owners!

Discover your dream home in Indian Waterways! This 3-bedroom, 3-bath beauty offers everything you need for the ultimate Florida Keys lifestyle:

  • Solid Masonry Construction with a poured roof for durability.
  • Impact Doors and Windows for storm protection and peace of mind.
  • Fresh Updates: New AC, modern kitchen with stainless steel appliances, and washer/dryer.
  • Ample Storage: A spacious 12×11 laundry/storage room and a separate storage building.
  • Boater’s Paradise: 34 ft. of concrete dock with a 10,000 lb lift for your vessel.
  • Outdoor Entertaining: A massive 16×20 chickee hut, a covered 30×12 patio area, and a screen-enclosed balcony with a walk-around deck.
  • Stylish Interior: Floating laminate floors throughout for a clean, cohesive look.
  • Fully Fenced Yard with 3 gates, offering privacy and convenience.

Located on Plantation Key, this home is part of a welcoming community with a boat ramp and park available for a modest annual fee. Plus, it’s just minutes from shopping, dining, top-rated schools, medical facilities, Founders Park, marinas, and fishing and diving charters.

203 Mohawk Street isn’t just a house—it’s a lifestyle. Come see this Keys charmer for yourself and imagine all it has to offer! 🏡 🌴

Listing provided courtesy of Keith Allen, Century 21 Circle ~ 305-481-5544

Florida KeysFlorida Keys Real EstateFlorida Keys Real Estate MarketHomes for SaleNew Listingnew listings January 20, 2025

Despite the Chill, the Real Estate Market is Heating Up!

While the Florida Keys are enjoying a touch of chilly weather, the real estate season is anything but cool. In fact, things are heating up! 🌴🔥

Last week alone, 83 new listings came onto the market, offering a wide range of opportunities for buyers looking to claim their piece of paradise. Whether you’re searching for a waterfront retreat, a family home near schools, or an investment property with ocean access, there’s a chance your perfect match is waiting among these fresh options.

The cooler temperatures might make for cozy evenings, but don’t let the season slow you down. Now’s the perfect time to explore what’s new and make your dream of owning in the Florida Keys a reality.

Ready to dive in? Contact me today, and let’s find the home that’s perfect for you!  Click here to see the listings!

BeachfrontBuyingbuying adviceConstructionHotelInvestmentInvestorsMadeira BeachMarriott Beachmaker January 17, 2025

Own a Piece of Paradise: Exclusive Perks for Founders Club Members at The Beachmaker Hotel in Madeira Beach

The Beachmaker Hotel brings the charm, beauty, and vibrant spirit of Madeira Beach to life, offering a vacation experience like no other in one of Florida’s most beloved beach towns. With its pristine sands, crystal-clear Gulf waters, and the lively atmosphere of John’s Pass Village, Madeira Beach is the perfect backdrop for this luxurious resort.

The Beachmaker is designed for comfort-seekers who want a relaxing, authentic getaway without feeling like tourists. As an owner, you’ll provide guests with an exceptional stay—all while enjoying a stress-free, fully-managed ownership experience.

The initial sixty-five buyers of these stunning units will be enshrined into the exclusive Founders Club. As a Founders Club member, you’ll enjoy:

  • First pick of the best units in the resort.
  • First year of condo expenses covered, including dues and shared expenses.
  • Luxury furniture package included (a $40,000 value).
  • Locked-in pricing (non-FC buyers may face price increases).
  • Higher room splits with a 5% increase compared to standard owners.
  • Access to the Guaranteed Return Opportunity.
  • Unlimited access to Beachmaker Resort amenities anytime.

 

Don’t miss this opportunity to be part of something extraordinary. Click here to learn more and claim your place in the Founders Club today!

buyersFlorida KeysFlorida Keys Real EstateFlorida Keys Real Estate MarketHome BuyingHomes for Salenew listingsNew Yearproperty for salesellersSelling January 14, 2025

Florida Keys Real Estate Market Update: Weekly Listings on the Rise!

If you’re considering buying or selling property in the Florida Keys, there’s no better time than now to keep an eye on the market. With the arrival of the season, the local real estate market is buzzing with activity. This week alone, we’ve seen an impressive 100 new listings hit the market, signaling increased opportunities for buyers and sellers alike.

Why the Surge in Listings?

As seasoned real estate professionals know, the seasonal influx of visitors and prospective buyers to the Florida Keys plays a significant role in driving the market. With cooler weather drawing more people to our beautiful islands, property owners often take advantage of this heightened interest to showcase their homes. For buyers, this means a wider variety of options to explore—from waterfront retreats to charming island cottages.

What This Means for Buyers

The increase in listings offers buyers a unique opportunity to find their perfect piece of paradise. Whether you’re searching for a vacation home, a rental property, or a permanent residence, the current market conditions provide a range of options to suit your needs. However, with this surge in inventory comes competition—be prepared to act quickly when you find a property that catches your eye.

What This Means for Sellers

For those looking to sell, now is the time to capitalize on the seasonal momentum. With more buyers actively searching, your property has the potential to attract attention and secure a favorable offer. Proper pricing and professional marketing are key to standing out in this dynamic market.

Staying Ahead in a Competitive Market

Whether you’re buying or selling, partnering with an experienced real estate agent can make all the difference. With deep knowledge of the Florida Keys market and a strategic approach to marketing and negotiations, we’re here to help you achieve your real estate goals.

Keep an eye on the market, stay informed, and get ready to make your move. The season is in full swing, and opportunities abound in the Florida Keys!

Click here to here the new listings!

DuplexFlorida KeysInvestingInvestmentMulti-Familyproperty for sale January 8, 2025

The Benefits of Owning a Duplex in the Florida Keys

Owning a duplex is a smart investment with versatile benefits, whether you’re a first-time buyer or an experienced investor. Here’s why duplexes stand out:

1. Income Potential

A duplex allows you to generate rental income from one unit while living in the other. This can help offset mortgage costs, making homeownership more affordable.

2. Flexible Living Options

Need space for extended family or guests? A duplex provides separate living quarters with the convenience of close proximity.

3. Tax Advantages

As a landlord, you may qualify for tax deductions on expenses like property maintenance, repairs, and insurance.

4. Investment Growth

Duplexes often appreciate over time, offering a solid return on investment. Plus, they’re a great way to diversify your real estate portfolio.

5. Strong Demand

With many renters seeking affordable housing options, duplexes are highly desirable, making them an excellent choice for steady occupancy rates.

Owning a duplex is a win-win for personal and financial growth. Whether you’re looking for a primary residence or a savvy investment, duplexes offer unmatched versatility. Ready to explore duplexes in the Florida Keys? Let’s connect! Click here to browse duplexes on the market in the Florida Keys 

Florida KeysFlorida Keys Real EstateFlorida Keys Real Estate Marketnew listingsproperty for sale January 6, 2025

New Listings in the Florida Keys: December 30, 2024 – January 5, 2025

The Florida Keys real estate market is kicking off the new year with an exciting mix of new properties. This week’s listings feature a variety of options, including condos, single-family homes, and duplexes, ensuring there’s something for every budget and lifestyle. Whether you’re dreaming of a waterfront getaway, a family home, or an investment property, the Keys offer endless possibilities.

Condos: A Carefree Coastal Lifestyle

Condos provide a perfect balance of comfort and convenience, often with access to fantastic amenities. From smaller units ideal for weekend retreats to larger, more luxurious options with resort-style perks, this week’s listings cater to buyers seeking a low-maintenance lifestyle.

Single-Family Homes: A Place to Call Your Own

For those seeking more space and privacy, single-family homes offer a range of styles and locations throughout the Keys. Whether you’re searching for a family-friendly property, a waterfront residence with boating access, or an elegant home designed for entertaining, the options are abundant.

Duplexes: A Smart Investment Opportunity

Duplexes continue to attract savvy buyers who are looking for income potential or flexible living arrangements. With options in various locations, these properties are perfect for those who want to live in one unit and rent out the other, or simply expand their investment portfolio in the sought-after Keys market.

Find Your Slice of Paradise

The Florida Keys are renowned for their natural beauty, vibrant communities, and laid-back lifestyle. With properties available in every region, from the northernmost islands of Key Largo to the iconic streets of Key West, this week’s listings reflect the unique diversity of the area.

If you’re ready to explore the opportunities available in the Florida Keys, I’d be delighted to help you find the perfect property. With over three decades of experience in Keys real estate, I can provide the guidance you need to make your dreams of island living a reality.

Contact me today to begin your journey to owning a home in paradise! Click here to see the new listings.