October 31, 2011

Just Sold! #4316 at Ocean Pointe in the Florida Keys


#4316 Ocean Pointe, Tavernier
I'm pleased to announce that I've just closed the sale on one of my listings at Ocean Pointe.  This fabulous end unit has forever ocean views! Upgrades include tile floors, remodeled baths & kitchen, stainless steel appliances & more. This floorplan adds bay windows, and no neighbors adjacent to either bedroom for peace & quiet. Previous rental history is very good Amenities include 24 hour manned gate, Olympic pool, clubhouse, tennis courts, boat storage, boat ramp, marina & sandy beach. This unit sold for $340,000.

To see a complete list of other units available in Ocean Pointe, visit my website at www.OceanPointeCondos.com

 
October 30, 2011

Just Listed - Waterfront lot with active permits and approved plans!


66 S. Andros Road
Get ready to build your Florida Keys Dream Home!

Just one lot from the open water, this location will offer gorgeous ocean views from your new home. The lot is cleared and comes with active permits & approved plans for an incredible 5/3.5 home. Just minutes to great fishing & diving spots in the Keys, including Elbow Reef, Carysfort Lighthouse & the famous Spiegel Grove. Close to the 18 Mile Stretch, making this a perfect choice for commuting to and from the Florida Keys from South Florida.

Artist's Rendering
A full set of plans are available for this new home - call for more details and to get building! 

Click the link below for the MLS printout for this listing.



October 29, 2011

Sold! A-502 Moon Bay, Key Largo, Florida Keys


A-502 Moon Bay, Key Largo, Florida Keys
I'm proud to say I've just sold my listing at Moon Bay in Key Largo.  This top floor 2 bedroom, 1.5 bath condo in Moon Bay included a deeded boat slip. Offered fully furnished, this unit features split bedroom floor plan, washer/dryer, tile flooring, screened patio, and bayviews from the living room & master bedroom. On-site amenities include electric entry gate, two heated pools, spacious clubhouse, tennis court, and marina. Weekly rentals allowed, with a sound rental history. It was on the market for just 94 days. Sold for $255,000
October 25, 2011

Real Estate Activity in the Florida Keys - October 10th to October 23rd


The last two weeks have been a little slower than previous weeks and months, but there was still a fair amount of market activity.  162 new listings came on the market in the Keys during the last two weekes, with some of them already pending. 62 properties went under contract and 53 closings took place.

412 S. Coconut Palm - Listed at $999,000
Of the new listings, there is a very nice home directly on the bay for under $1,000,000. This 3 bedroom, 3 bath home features two docks with two boat lifts, all concrete construction and is offered fully furnished it is listed at $999,000.

Vacant lot on Cooks Island - Pending Sale
Pending sales include a vacant lot on Cooks Island, off Marathon. Not many people have heard of Cooks Island, but lately there seems to be a renewed interest, with another property on the island recently on the market. The vacant lot was listed at $50,000 at the time of contract. Learn more about Cooks Island by reading my previous post about it. You can find the article by clicking here.

227 Treasure Harbor Drive - Sold for $300,000
Sold listings include a nice three bedroom, three bath home on a dry lot at the end of a private street. This home has lots of storage and even has a view of the ocean. It was on the market for just under a year and sold for $300,000.

To view the listings follow the links below:

New Listings:
Pending Listings
Sold  Listings

Listing information gathered from the Florida Keys MLS. Listing links will automatically expire after 11/24/2011.

October 17, 2011

Ten reasons why owning is better than renting . . .


1. You own it: No landlord can tell you the have decided not to rent anymore, forcing you to move on short notice.

2. Your tax return: The IRS provides several tax deductions for homeowners including mortgage interest, property taxes and some costs involved with buying a home. In addition, people who work from home can claim home office deductions.

3. Interest rates: Rates are still at some of the lowest levels ever seen, making it a great time to jump into home ownership. Depending on the property it may even be as cheap as paying rent for a comparable property.

4. You are investing: Your rent money is gone forever, building equity for someone else. Your mortgage  payments can build equity in the property.

5. You save for the future: As your equity grows, and you’re investment matures, you can sell it and make up to $250,000 cash without owing any federal income tax on the profit.

6. You can predict expenses: A fixed rate mortgage remains the same over time, so there are no unexpected increases in rent.

7. You decorate it: Unless you’re in an HOA with restrictions on paint and landscaping, you can do what you what you want with the decor of the property. Interiors offer even more creative license.

8. Your credit:  Mortgage payments made on time over the course of the loan help build your credit rating even further.

9. You are investing in yourself: Even simple improvements like a new ceiling fan, fresh paint or new carpeting is in investment in your lifestyle, building equity in your property at the same time.

10. You are proud of it: Renters know their homes actually belong to someone else. Owners know that their homes truly are their home and are proud of what they have achieved.


October 11, 2011

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


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.


October 10, 2011

Bank Owned Properties in the Keys




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.

October 06, 2011

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


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

SIGN UP FOR EMAIL ALERTS

SIGN UP FOR EMAIL ALERTS
Be the first to know about new listings & price changes!

BLOG UPDATES VIA EMAIL

Enter your email address:

Delivered by FeedBurner

THE LATEST LISTINGS

THE LATEST LISTINGS

BANK OWNED PROPERTY

FOLLOW ME ON FACEBOOK

About Me

My Photo
Tracy Larson, Realtor in the Florida Keys / 305-522-3812
Thank you for visiting Florida Keys Market Update for information about the Florida Keys real estate market. Licensed since 1993 and a Keys local since 1987, I want to be your Realtor here in our island paradise. Note: Information for listings featured on this blog is gathered from our local MLS; not all properties are my listings.
View my complete profile

FEATURED LISTINGS

Century 21 Schwartz Realty

POPULAR POSTS