The Second Annual Statewide Open House event in the Florida Keys rounded out the past week, with many agents reporting increased numbers in people looking at open house over the turnout experienced last year. The change in the market is more apparent, with more buyers and more offers being made.
This past week there were 36 new listings added to the market, 36 listings reported as under contract and 8 closed sales.
Bayfront estate – pending, offered at $2,950,000
Of the new listings, 2 Atlantic Drive is a cute, affordable home in a great Key Largo neighborhood for $275,000. It started receiving offers within the first few days of being on the market, and will be under contract very soon.
Pending listings included a stunning bayfront home in a very secluded tropical setting. With the living space at over 4,000 square feet, this magnificent estate was offered at $2,950,000.
Sold in Venetian Shores for $725,000
And finally, closed sales included a beautiful canalfront home in desirable Venetian Shores in Islamorada. The home featured a one bedroom, one bath guest quarters downstairs with three bedrooms and one bath upstairs. It sold for $725,000
The South Florida Water Management
District has declared a water shortage and imposed new water
restrictions in the 16-county area effective this Saturday.
In
Monroe County, golf courses must cut irrigation by 15 percent and
residential lawn-watering has been reduced from three days to two.
Watering
is prohibited from 10 a.m. to 4 p.m. every day, but allowed otherwise
on Thursdays and Sundays for even addresses and on Wednesdays and
Saturdays for odd addresses.
The South Florida Water Management
District has declared a water shortage and imposed new water
restrictions in the 16-county area effective this Saturday.
In
Monroe County, golf courses must cut irrigation by 15 percent and
residential lawn-watering has been reduced from three days to two.
Watering
is prohibited from 10 a.m. to 4 p.m. every day, but allowed otherwise
on Thursdays and Sundays for even addresses and on Wednesdays and
Saturdays for odd addresses.
To showcase homeownership opportunities across the state, Florida Realtors is sponsoring its second annual Florida Open House Weekend, March 26-27. Realtors will host open houses on
behalf of home sellers in neighborhoods from the Panhandle to the Keys,
giving buyers a chance to tour dozens of homes in a single weekend.
My partner and I will be holding our listings at Ocean Pointe Condominiums open on Saturday the 26th. These units make great investments with solid, established rental income history. Ocean Pointe is located at 500 Burton Drive in Tavernier, Florida Keys.
Click the links below to see a list of the properties available in the Upper Keys to be seen.
(Note that some Saturday listings appear on the link to Sunday’s scheduled open houses. This indicates that the house is being held open on both Saturday and Sunday, with Saturday being the next scheduled open house.)
To showcase homeownership opportunities across the state, Florida Realtors is sponsoring its second annual Florida Open House Weekend, March 26-27. Realtors will host open houses on
behalf of home sellers in neighborhoods from the Panhandle to the Keys,
giving buyers a chance to tour dozens of homes in a single weekend.
My partner and I will be holding our listings at Ocean Pointe Condominiums open on Saturday the 26th. These units make great investments with solid, established rental income history. Ocean Pointe is located at 500 Burton Drive in Tavernier, Florida Keys.
Click the links below to see a list of the properties available in the Upper Keys to be seen.
(Note that some Saturday listings appear on the link to Sunday’s scheduled open houses. This indicates that the house is being held open on both Saturday and Sunday, with Saturday being the next scheduled open house.)
Spring has sprung and the Florida Keys are bursting with activity. This past week, the market saw 25 new listings come on the makret (with some of them being duplicate listings), 21 properties go under contract and 15 properties sold and closed.
183 N. Coconut Palm. Blvd. Listed for $345,500
Among the new listings there is a newly remodeled home with 4 large
bedrooms, 2 new baths, large laundry room, brand new kitchen, fenced in
yard with room for a pool. Right around the corner from bayfront
homeowners park with boat ramp! This great home is located in popular Plantation Key Colony and is listed for $345,500.
HGTV Dream Home 2008 – now under contract
Notable pending listings include the property that was the recent HGTV
Dream Home in Islamorada.
It is in the market for the second time since the HGTV giveaway. The first time it sold for $1,650,000 in April of 2009.
It has been listed for a period of time now, with the original list
price of $1,675,000. It was reduced to just $995,000 and is now under
contract. The sales price is not available until after the property has
closed.
Closed sales include the sale of a private island with a 3 bedroom 3.5 bath home. Located off Summerland Key, this island also includes a lot on Summerland with concrete dock and a boat to go back and forth between the off-island and the on-shore lot. It also features a 35kW generator in
sound-proof shed, 850-gal/day desalinization, new electric, new
landscaping & high-end finishes. It has sold for $2,300,000.
Private Florida Keys Island. Sold for $2,300,000
Click the links below to view the listings. (links will expire
after 4/30/2011).
Spring has sprung and the Florida Keys are bursting with activity. This past week, the market saw 25 new listings come on the makret (with some of them being duplicate listings), 21 properties go under contract and 15 properties sold and closed.
183 N. Coconut Palm. Blvd. Listed for $345,500
Among the new listings there is a newly remodeled home with 4 large
bedrooms, 2 new baths, large laundry room, brand new kitchen, fenced in
yard with room for a pool. Right around the corner from bayfront
homeowners park with boat ramp! This great home is located in popular Plantation Key Colony and is listed for $345,500.
HGTV Dream Home 2008 – now under contract
Notable pending listings include the property that was the recent HGTV
Dream Home in Islamorada.
It is in the market for the second time since the HGTV giveaway. The first time it sold for $1,650,000 in April of 2009.
It has been listed for a period of time now, with the original list
price of $1,675,000. It was reduced to just $995,000 and is now under
contract. The sales price is not available until after the property has
closed.
Closed sales include the sale of a private island with a 3 bedroom 3.5 bath home. Located off Summerland Key, this island also includes a lot on Summerland with concrete dock and a boat to go back and forth between the off-island and the on-shore lot. It also features a 35kW generator in
sound-proof shed, 850-gal/day desalinization, new electric, new
landscaping & high-end finishes. It has sold for $2,300,000.
Private Florida Keys Island. Sold for $2,300,000
Click the links below to view the listings. (links will expire
after 4/30/2011).
There was a flurry of new listings coming on the market this past week, with 38 new listings being added to the Florida Keys MLS. 21 properties went under contract during the same time period, and 10 properties were closed sales.
One of the new listings is a 4,000+ square foot home with 3 bedrooms and 4 baths overlooking Sandy Cove. The property includes and outdoor entertaining area, large swimming pool and covered boat house. It is offered at $2,480,000.
Just sold for $525,000
Recent sales include a charming canalfront home in Plantation Key Colony. This 3 bedroom, 3 bath home sold for $525,000.
Click the links below to view the properties in the Florida Keys. (links will expire after 4/13/2011)
There was a flurry of new listings coming on the market this past week, with 38 new listings being added to the Florida Keys MLS. 21 properties went under contract during the same time period, and 10 properties were closed sales.
One of the new listings is a 4,000+ square foot home with 3 bedrooms and 4 baths overlooking Sandy Cove. The property includes and outdoor entertaining area, large swimming pool and covered boat house. It is offered at $2,480,000.
Just sold for $525,000
Recent sales include a charming canalfront home in Plantation Key Colony. This 3 bedroom, 3 bath home sold for $525,000.
Click the links below to view the properties in the Florida Keys. (links will expire after 4/13/2011)
The first week of March has been comparable to the activity we’ve seen all during February. There were 31 new listings, 17 pending listings and 16 closed sales. Notable sales included a beautiful bayfront home in Islamorada that sold for $1,500,000. There were also several waterfront homes listed for sale, including a beautiful bayfront home at 432 South Coconut Palm Boulevard, listed for $3,100,000 in a great neighborhood in Islamorada.
Rates are still competitive and inventory is plentiful, but homes priced accurately are selling quickly. Now is a great time to invest in property in the Florida Keys.
432 South Coconut Palm Blvd. – offered at $3,100,000