closed sales • Florida Keys • Islamorada • Key West • KeyLargo • new listings • pending sales • Tavernier • August 30, 2011

Florida Keys Market Activity for the week of August 22nd to August 28th, 2011

by Tracy Larson

The Upper Keys have seen their share of good deals in the last few weeks. Last week I wrote about a unit at Plantation by the Sea for just $169,500. I still expect this unit to sell and come back on the market at a much higher price after needed renovations.

Unit 4213 at Ocean Pointe -$141,000

This week there is a new listing at Ocean Pointe in Tavernier for just $141,000. This is a one bedroom, one bath unit bank owned unit in Building 4, which is the closest building to the Ocean at Ocean Pointe. It is even offered fully furnished – rare for a bank owned property. The on-site rental program can generate a very nice rental income for the new owner and this unit is ready to close and start being rented again.

3 Madeira Drive – Pending, Listed at $179,000

Pending sales include one of my listings at 3 Madeira Drive in Key Largo. This cute 2 bedroom, 1 bath home is completely redone on the inside and is ready to be used as a rental income generator or primary residence. Listed at just $179,000 at the time of contract, it is expected to close very quickly.

271 Jasmine Street – Sold for $152,500

Closed sales include an adorable 2 bedroom, 1 bath home in popular Plantation Key Colony in Tavernier, which is a great neighborhood with bayfront homeowner’s park. This home is CBS, has bamboo flooring and a fully fenced yard. It was a short sale and just closed for $152,500.

Follow the links below to see the activity for the entire Florida Keys Market.

New Listings
Pending Sales
Closed Sales

Listing information obtained from the Florida Keys MLS. Listing links will automatically expire after 9/29/2011

It’s a great time to invest in Florida Keys real estate. If you’d like to learn more about me and the services I offer my buyers and sellers, visit me at www.TracyLarson.com

Florida Keys • Hurricane Irene • August 25, 2011

It’s Official – Hurricane Irene is no threat to the Florida Keys

by Tracy Larson

The residents of the Florida Keys can breathe a sigh of relief over Hurricane Irene. The center core of the storm is now at latitudes north of the Florida Keys, and
Hurricane Irene has officially missed the island chain, Jon Rizzo,
warning coordinator for the National Weather Service office in Key West,
said Thursday.
The center of Irene came within 230 miles of Key
Largo, the closest point in the Keys to the Category 3 storm, Rizzo
said.

With its center now about 205 miles east of Fort Lauderdale,
Irene is continuing to move north-northwest at 13 mph, according to
forecasters at the National Hurricane Center. It it is expected to turn
north and then north-northeast early Friday.

There were no
tropical cyclone warnings or watches in the Keys — or anywhere else in
Florida — associated with the storm. Monroe County Emergency Management
officials officials did not need to issue protective actions.

Still, because the outer bands may cause rough boating conditions in and around the Keys, the Key West National Weather Service office continues a small craft
advisory today through Friday morning for all waters (Atlantic Ocean and
Florida Bay) between Key Largo and the Seven Mile Bridge. After that,
small craft operators in the Upper and Middle Keys should exercise
caution through Saturday morning.

For more information and complete local weather forecast, visit
http://www.srh.noaa.gov/key.

Florida Keys • Hurricane Irene • August 25, 2011

It’s Official – Hurricane Irene is no threat to the Florida Keys

by Tracy Larson

The residents of the Florida Keys can breathe a sigh of relief over Hurricane Irene. The center core of the storm is now at latitudes north of the Florida Keys, and
Hurricane Irene has officially missed the island chain, Jon Rizzo,
warning coordinator for the National Weather Service office in Key West,
said Thursday.
The center of Irene came within 230 miles of Key
Largo, the closest point in the Keys to the Category 3 storm, Rizzo
said.

With its center now about 205 miles east of Fort Lauderdale,
Irene is continuing to move north-northwest at 13 mph, according to
forecasters at the National Hurricane Center. It it is expected to turn
north and then north-northeast early Friday.

There were no
tropical cyclone warnings or watches in the Keys — or anywhere else in
Florida — associated with the storm. Monroe County Emergency Management
officials officials did not need to issue protective actions.

Still, because the outer bands may cause rough boating conditions in and around the Keys, the Key West National Weather Service office continues a small craft
advisory today through Friday morning for all waters (Atlantic Ocean and
Florida Bay) between Key Largo and the Seven Mile Bridge. After that,
small craft operators in the Upper and Middle Keys should exercise
caution through Saturday morning.

For more information and complete local weather forecast, visit
http://www.srh.noaa.gov/key.

closed sales • Florida Keys • Key West • Marathon • new listings • pending sales • real estate • real estate market • Tavernier • August 25, 2011

Florida Keys Market Activity for the week of August 15th to August 21st, 2011

by Tracy Larson

This past week the real estate market continued to show signs of stability with a nice balance of new listings and pending or closing sales.

69 new listings came on the market, 44 properties went under contract and 38 properties closed.

New Listing – #244 Plantation by The Sea

Of the notable new listings there is a 2 bedroom 1.5 bath condo at Plantation by the Sea in Tavernier. This condo is bank owned and is in need of all new appliances and significant cleaning and remodeling, but at $169,500, it may not be on the market long. There are two other remodeled units with the same floor plan on the market that are offered at $245,000 and $259,000. Amenities include heated pool, fishing pier, fitness room and sauna and a clubhouse.

Pending Sale – 291 8th Street, Key Colony

Pending listings include a canalfront home in popular Key Colony near Marathon. This 4 bedroom, 3 bath home also includes a membership to the Cabana Beach Club, featuring a large swimming pool and private sandy beach. It was offered at $599,000 at time of contract

Sold Listing – 901 Thomas Street, Key West

Closed sales include a 3 bedroom 1.5 bath conch home in the heart of Old Town Key West. This home is located in a private gated compound of just three homes that share a pool, waterfall, outdoor shower and off street parking. It sold for $450,000

To see the properties, follow the links below:

New Listings
Pending Sales
Closed Sales

Listing information gathered from the Florida Keys MLS. Links will automatically expire after 9/24/2011

closed sales • Florida Keys • Key West • Marathon • new listings • pending sales • real estate • real estate market • Tavernier • August 25, 2011

Florida Keys Market Activity for the week of August 15th to August 21st, 2011

by Tracy Larson

This past week the real estate market continued to show signs of stability with a nice balance of new listings and pending or closing sales.

69 new listings came on the market, 44 properties went under contract and 38 properties closed.

New Listing – #244 Plantation by The Sea

Of the notable new listings there is a 2 bedroom 1.5 bath condo at Plantation by the Sea in Tavernier. This condo is bank owned and is in need of all new appliances and significant cleaning and remodeling, but at $169,500, it may not be on the market long. There are two other remodeled units with the same floor plan on the market that are offered at $245,000 and $259,000. Amenities include heated pool, fishing pier, fitness room and sauna and a clubhouse.

Pending Sale – 291 8th Street, Key Colony

Pending listings include a canalfront home in popular Key Colony near Marathon. This 4 bedroom, 3 bath home also includes a membership to the Cabana Beach Club, featuring a large swimming pool and private sandy beach. It was offered at $599,000 at time of contract

Sold Listing – 901 Thomas Street, Key West

Closed sales include a 3 bedroom 1.5 bath conch home in the heart of Old Town Key West. This home is located in a private gated compound of just three homes that share a pool, waterfall, outdoor shower and off street parking. It sold for $450,000

To see the properties, follow the links below:

New Listings
Pending Sales
Closed Sales

Listing information gathered from the Florida Keys MLS. Links will automatically expire after 9/24/2011

Building Permits • Florida Keys • August 22, 2011

Building a Home in the Florida Keys

by Tracy Larson

If you want a home in the Keys to meet an exact set of criterias and features, it can oftne be better to build a new home than purchase an existing home. Of course, building requires a permit and there is a lengthy process to obtain one.

The other alternative is to purchase a lot that already has an active permit, allowing you to begin building right away. Bear in mind that you will need to stay within the confines of what the existing permit is for.

There is a wide variety of preoprties Keys-wide that currently are for sale and have active permits. Follow the link below to view the list.

If you would like a complete guide to understanding the residential building building permit process, click here for an article that will provide a great deal of information

Florida Keys. Upper Keys • Hurricane Irene • August 22, 2011

Hurricane Irene and the Florida Keys

by Tracy Larson

This time of year it’s not unusual to watch the weather in the tropics. Right now residents of the Keys are keeping a watchful eye on Hurricane Irene.

The 11 a.m. Monday (August 22) Hurricane Irene tracking map takes the Middle Keys,
Lower Keys and Key West out of the four- and five-day tropical cyclone
forecast track-error cone. The Upper Keys and most of the Florida
peninsula remain in the cone.

Monroe County Emergency Management has no plans for immediate
protective actions related to Hurricane Irene, officials said following a
Monday conference call with municipal, state and federal agencies.

If
the current forecast track holds true, according to Jon Rizzo, warning
coordinator for the Key West National Weather Service Office, no
significant impacts are anticipated for the Keys

Rizzo said that
tropical storm force winds are possible in the Florida Straits off the
Upper Keys Wednesday night through Thursday evening and that there was a
40 to 50 percent chance for tropical storm force winds in the Middle
and Upper Keys Thursday.

We’ll know more as the week goes on, but most likely Hurricane Irene will not have any major impact on the Florida Keys.

Florida Keys. Upper Keys • Hurricane Irene • August 22, 2011

Hurricane Irene and the Florida Keys

by Tracy Larson

This time of year it’s not unusual to watch the weather in the tropics. Right now residents of the Keys are keeping a watchful eye on Hurricane Irene.

The 11 a.m. Monday (August 22) Hurricane Irene tracking map takes the Middle Keys,
Lower Keys and Key West out of the four- and five-day tropical cyclone
forecast track-error cone. The Upper Keys and most of the Florida
peninsula remain in the cone.

Monroe County Emergency Management has no plans for immediate
protective actions related to Hurricane Irene, officials said following a
Monday conference call with municipal, state and federal agencies.

If
the current forecast track holds true, according to Jon Rizzo, warning
coordinator for the Key West National Weather Service Office, no
significant impacts are anticipated for the Keys

Rizzo said that
tropical storm force winds are possible in the Florida Straits off the
Upper Keys Wednesday night through Thursday evening and that there was a
40 to 50 percent chance for tropical storm force winds in the Middle
and Upper Keys Thursday.

We’ll know more as the week goes on, but most likely Hurricane Irene will not have any major impact on the Florida Keys.

Bank Owned • closed sales • Florida Keys • Key Largo • Key West • MLS • new listings • property for sale • real estate • real estate market • August 16, 2011

Market Activity for the week of August 8th to August 14th, 2011 – Keyswide from Key Largo to Key West

by Tracy Larson

To remain true to our blogs name – Florida Keys Market Update – we’re now including market activity for the entire Florida Keys on a weekly basis.

This week there were 66 new listings, 59 pending listings and 356 sold listings – not bad for the dig days of summer, which is slowly winding down.

1219 20th Terrace – Key West – $394,500

Of the new listings, a beautiful bank owned home in Key West came on the market for $394,500. Located in the “New Town” part of Key West, this home has 3 bedrooms, 2.5 baths and an in-ground pool. The kitchen has high-end appliances and granite counters.

1851 Long Beach Dr – Big Pine Pending Sale

Pending sales included a very private home with over 400′ of ocean frontage on Big Pine Key. This has preserve lands on either side of it, ensuing it will alwyas stay private. It was offered at $1,390,000 at time of contract.

102 Iroquois Street – Sold for $75,000

Sold listings include a ground level bank owned hom in Tavernier. This home is in need of a considerable amount of repairs, but went under contract in just one day. Listed for $79,000 it sold for $75,000.

Follow the links below to view the listings:

New Listings
Pending Listings
Sold Listings

Rates are low, inventory is plentiful, making it an ideal time to invest in Florida Keys real estate. From Key Largo to Key West, we can help you find you’re place in the Keys.

If you’re thinking of selling, it’s a great time to get your property ready for the upcoming season. Let us start marketing your property today to have everything in place once season starts. Call to learn more about our exclusive seller services.

Listing information gathered from the Florida Keys MLS. Links automatically expire after September 15th.

Bank Owned • closed sales • Florida Keys • Key Largo • Key West • MLS • new listings • property for sale • real estate • real estate market • August 16, 2011

Market Activity for the week of August 8th to August 14th, 2011 – Keyswide from Key Largo to Key West

by Tracy Larson

To remain true to our blogs name – Florida Keys Market Update – we’re now including market activity for the entire Florida Keys on a weekly basis.

This week there were 66 new listings, 59 pending listings and 356 sold listings – not bad for the dig days of summer, which is slowly winding down.

1219 20th Terrace – Key West – $394,500

Of the new listings, a beautiful bank owned home in Key West came on the market for $394,500. Located in the “New Town” part of Key West, this home has 3 bedrooms, 2.5 baths and an in-ground pool. The kitchen has high-end appliances and granite counters.

1851 Long Beach Dr – Big Pine Pending Sale

Pending sales included a very private home with over 400′ of ocean frontage on Big Pine Key. This has preserve lands on either side of it, ensuing it will alwyas stay private. It was offered at $1,390,000 at time of contract.

102 Iroquois Street – Sold for $75,000

Sold listings include a ground level bank owned hom in Tavernier. This home is in need of a considerable amount of repairs, but went under contract in just one day. Listed for $79,000 it sold for $75,000.

Follow the links below to view the listings:

New Listings
Pending Listings
Sold Listings

Rates are low, inventory is plentiful, making it an ideal time to invest in Florida Keys real estate. From Key Largo to Key West, we can help you find you’re place in the Keys.

If you’re thinking of selling, it’s a great time to get your property ready for the upcoming season. Let us start marketing your property today to have everything in place once season starts. Call to learn more about our exclusive seller services.

Listing information gathered from the Florida Keys MLS. Links automatically expire after September 15th.

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