closed sales • Florida • Florida Keys • Home For Sale • Islamorada • MLS • pending sales • October 11, 2011

Real Estate Activity in the Florida Keys – October 3rd to October 9th

by Tracy Larson

This past week, the real estate market in the Keys saw 67 new listings come on the market, 47 listings go under contract and 28 properties close.

New listing – 139 Gardenia Street $375,000

Of the new listing there is a 3 bedroom, 2 bath single family home on a canal in Plantation Key Colony for $375,000. It is listed as s short sale. It has 50 feet of waterfront and is close to main canals, providing quick bay access with ocean access through nearby Tavernier Creek.

Pending sale – 323 Lesrohde Drive

Pending sales include a canalfront 2 bedroom 2 bath home on Cudjoe Key. This home is on a large corner lot with over 11,000 square feet of land, offering plenty of room for a pool, RV parking or even possible expansion of the existing home. It was also listed as a short sale. It was listed at $209,000 at the time of contract.

Closed Sale – 168 Iroquois Drive

Closed sales include a home on Iroquois Drive in Lower Matecumbe. This Islamorada home has impact windows, mature landscaping, private boat ramp, updated kitchen and over 50 feet of dockage. It was neither a short sale or a bank owned property. It sold for $385,000.

To view the listings follow the links below:

New Listings:
Pending Listings
Sold Listings

Listing information gathered from the MLS. Listing links will automatically expire after 11/10/2011.

Bank Owned • Florida Keys • Key Largo • Key West • MLS • REO • October 10, 2011

Bank Owned Properties in the Keys

by Tracy Larson

Note: Search Results will take a moment to load in the next window.

Buyers that come to the Keys from other areas, particularly Miami-Dade and Broward, expect to see a large inventory of bank owned properties like they have back home when they come to look at property here. They are often surprised to see the numbers much smaller than they expected.

To view the list of bank owned properties currently available in the Florida Keys, follow the link below.

Bank Owned • Florida Keys • Key Largo • Key West • MLS • REO • October 10, 2011

Bank Owned Properties in the Keys

by Tracy Larson

Note: Search Results will take a moment to load in the next window.

Buyers that come to the Keys from other areas, particularly Miami-Dade and Broward, expect to see a large inventory of bank owned properties like they have back home when they come to look at property here. They are often surprised to see the numbers much smaller than they expected.

To view the list of bank owned properties currently available in the Florida Keys, follow the link below.

closed sales • Florida Keys • Key Largo • Marathon • Moon Bay • new listings • Ocean Pointe Condos • pending sales • Tavernier • October 6, 2011

Florida Keys Real Estate Activity – September 26th to October 2nd, 2011

by Tracy Larson

The past week in the real estate market was a brisk one, with 71 new listings coming on the market, 47 properties going under contract and 37 properties closing.

New Listing – 1150
Bulevar De Palmas

Among the new listings, a spectacular mansion in Marathon was listed for $12,900,000. This remarkable home is situated on a point of land with water on three sides, with nearly 2 acres of land. Two buildings – a main home and guest home – have a combined total of 8 bedrooms and 10.5 bathrooms. Perfect as a corporate retreat, the home is minutes from Marathon Airport, providing easy access to and from the Keys.

Pending Sale – 4410 Ocean Pointe

Pending sales include one of my listings at Ocean Pointe in Tavernier. Unit 4410 is an updated unit with tile flooring, granite counters and endless ocean views. This 2 bedroom, 2 bath condo also come with a fantastic rental history, making it an ideal investment in the Florida Keys.

Sold Listing – B-105 Moon Bay

Closed sales include a 3 bedroom condo in Moon Bay in Key Largo. This 2 bedroom, 1.5 bath unit also features a downstairs guest apartment steps from the pool. Listed at $299,000, it sold for $225,000. My listing at unit A-502 in Moon Bay is under contract and should be closing within the next three weeks. A-502 was listed at $268,000 at the time of contract.

Follow the links to view the listings:

New Listings
Pending Sales
Sold Listings

Listing information gathered from the Florida Keys MLS. Listing links will automatically expire after 11/5/2011

Florida • Florida Keys. Upper Keys • Islamorada • sewer • sewer system • September 30, 2011

Islamorada – Village considers telling state it can’t afford to have sewers

by Tracy Larson

The Village of Islamorada is lagging behind Key Largo in it’s attempts to comply with the state mandated installation of a central sewage system, and now there is a possibility that the city may even tell the state that it simply can’t afford it.

The Village currently has 4 firms preparing quotes to design, build and finance a sewer system. If they come in too high, Mayor Michael Reckwerdt says the Village should insist on federal and state money to help pay for it or tell the state the project can’t be done.

“Then Islamorada may very well say, ‘OK,’ and stop,” Reckwerdt said at
the Sept. 22 village council meeting.

Reckwerdt declined to provide an exact amount that would be considered too much to meet the mandate because he did not want to discourage bidding.

The estimated cost of sewers and treatment plants for Islamorada has been as much as $150 million. Reckwerdt said that is too
much to expect Islamorada residents to pay for without federal and state
aid.

“We can’t bankrupt the town to respond to an unfunded mandate,” he
said Tuesday.

The state requirement to replace septic systems and cesspits with
advanced wastewater treatment is enforced by the Department of Community
Affairs. The state says the entire Keys must be connected to
centralized wastewater systems by 2015 to stop sewage coming from drain
fields and cesspits from polluting surrounding waters.

To read a detailed story on this subject, visit KeysNet.com

Florida • Florida Keys. Upper Keys • Islamorada • sewer • sewer system • September 30, 2011

Islamorada – Village considers telling state it can’t afford to have sewers

by Tracy Larson

The Village of Islamorada is lagging behind Key Largo in it’s attempts to comply with the state mandated installation of a central sewage system, and now there is a possibility that the city may even tell the state that it simply can’t afford it.

The Village currently has 4 firms preparing quotes to design, build and finance a sewer system. If they come in too high, Mayor Michael Reckwerdt says the Village should insist on federal and state money to help pay for it or tell the state the project can’t be done.

“Then Islamorada may very well say, ‘OK,’ and stop,” Reckwerdt said at
the Sept. 22 village council meeting.

Reckwerdt declined to provide an exact amount that would be considered too much to meet the mandate because he did not want to discourage bidding.

The estimated cost of sewers and treatment plants for Islamorada has been as much as $150 million. Reckwerdt said that is too
much to expect Islamorada residents to pay for without federal and state
aid.

“We can’t bankrupt the town to respond to an unfunded mandate,” he
said Tuesday.

The state requirement to replace septic systems and cesspits with
advanced wastewater treatment is enforced by the Department of Community
Affairs. The state says the entire Keys must be connected to
centralized wastewater systems by 2015 to stop sewage coming from drain
fields and cesspits from polluting surrounding waters.

To read a detailed story on this subject, visit KeysNet.com

contracts • Florida Keys • Ocean Pointe Condos • pending sales • Tavernier • vacation rental • September 30, 2011

#4410 Ocean Pointe in Tavernier – now under contract!

by Tracy Larson

Living room with ocean views

I’m proud to announce that unit #4410 at Ocean Pointe is now under contract. This 2 bedroom, 2 bath condo is updated with new tile flooring, new bathrooms and new kitchen featuring copper slate walls. It comes fully furnished and has a direct ocean view from the top floor of building 4 – the building in Ocean Pointe that is closest to the ocean. It was listed at $319,000.

Updated kitchen with copper slate walls

These units also enjoy great vacation rental income. Rentals as short as one evening are allowed at Ocean Pointe, and there is a convenient on-site rental and management company that can oversee the rental for you.

The development has an elegant resort feel to it, from the manned entry gate to the private beach for guests and residents. There is also a large swimming pool, marina, tennis courts, marina, boat ramp and on-site cafe and lounge.

To learn more about Ocean Pointe, visit www.OceanPointeCondos.com

contracts • Florida Keys • Ocean Pointe Condos • pending sales • Tavernier • vacation rental • September 30, 2011

#4410 Ocean Pointe in Tavernier – now under contract!

by Tracy Larson

Living room with ocean views

I’m proud to announce that unit #4410 at Ocean Pointe is now under contract. This 2 bedroom, 2 bath condo is updated with new tile flooring, new bathrooms and new kitchen featuring copper slate walls. It comes fully furnished and has a direct ocean view from the top floor of building 4 – the building in Ocean Pointe that is closest to the ocean. It was listed at $319,000.

Updated kitchen with copper slate walls

These units also enjoy great vacation rental income. Rentals as short as one evening are allowed at Ocean Pointe, and there is a convenient on-site rental and management company that can oversee the rental for you.

The development has an elegant resort feel to it, from the manned entry gate to the private beach for guests and residents. There is also a large swimming pool, marina, tennis courts, marina, boat ramp and on-site cafe and lounge.

To learn more about Ocean Pointe, visit www.OceanPointeCondos.com

Big Pine Key • closed sales • Florida Keys • MLS • new listings • property values • real estate • real estate market • sold properties • Tavernier • waterfront • September 27, 2011

Florida Keys Market Update – September 19th to September 25th, 2011

by Tracy Larson

The calendar may say it’s officially fall, but it still feels like summer here in the Florida Keys.

Anchor Condo in Tavernier

New listings include a nice 2 bedroom townhome in a small quiet complex – Anchor Condo – with sandy beach area, bayfront viewing deck and ample open parking. This two level townhome is offered fully furnished and has very affordable dockage for just $50 a month. Pets are allowed as well, with no size restrictions. Units in this complex do not come on the market very often, making this a great opportunity. Located in Tavernier, it is listed at $225,000

18 Cooks Island – Offshore Island

Pending listings include 18 Cooks Island, which is a one bedroom
cottage on a private off-shore island off the tip of Big Pine Key, reminiscent of an old Florida Keys fishing shack. The property is
currently bank owned and in need of repairs. There are also some code
violations that need to be brought into compliance. It was listed at $299,950 at time of contract.

1020 Gulf Drive – Summerland Key

Closed sales include a great canal-front home on Summerland Key at 1020 Gulf Drive. This large 3 bedroom, 3 bath home features over 2,000 square feet of living space, 75′ of dockage, open water view porch and is in excellent condition. It was listed at $485,000 and sold for $450,000

Follow the links below to view the listings:

New Listings
Pending Sales
Closed Sales

Listing information gathered from the Florida Keys MLS. Listing links will automatically expire after 10/27/2011

Big Pine Key • closed sales • Florida Keys • MLS • new listings • property values • real estate • real estate market • sold properties • Tavernier • waterfront • September 27, 2011

Florida Keys Market Update – September 19th to September 25th, 2011

by Tracy Larson

The calendar may say it’s officially fall, but it still feels like summer here in the Florida Keys.

Anchor Condo in Tavernier

New listings include a nice 2 bedroom townhome in a small quiet complex – Anchor Condo – with sandy beach area, bayfront viewing deck and ample open parking. This two level townhome is offered fully furnished and has very affordable dockage for just $50 a month. Pets are allowed as well, with no size restrictions. Units in this complex do not come on the market very often, making this a great opportunity. Located in Tavernier, it is listed at $225,000

18 Cooks Island – Offshore Island

Pending listings include 18 Cooks Island, which is a one bedroom
cottage on a private off-shore island off the tip of Big Pine Key, reminiscent of an old Florida Keys fishing shack. The property is
currently bank owned and in need of repairs. There are also some code
violations that need to be brought into compliance. It was listed at $299,950 at time of contract.

1020 Gulf Drive – Summerland Key

Closed sales include a great canal-front home on Summerland Key at 1020 Gulf Drive. This large 3 bedroom, 3 bath home features over 2,000 square feet of living space, 75′ of dockage, open water view porch and is in excellent condition. It was listed at $485,000 and sold for $450,000

Follow the links below to view the listings:

New Listings
Pending Sales
Closed Sales

Listing information gathered from the Florida Keys MLS. Listing links will automatically expire after 10/27/2011

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