September 26, 2012

Keys Market Update - News listings and sales from September 17th to September 23rd, 2012


It may be the slow time of the year, but there are plenty of new listings to choose from when searching for a new home in the Florida Keys.  There were 79 new listings entered into MLS, 23 properties were marked as pending and 36 properties sold.

New Listing - Offered at $449,000
Among the new listings, there is a true fixer upper.  This home needs a lot of work, but with the effort, it could be made into a nice canalfront home in a perfect Islamorada neighborhood.  It has three bedrooms and 2 baths, with just 21 feet of dock space, but it is solid all concrete construction. It is offered at $449,000

Pending Sale - Offered at $187,000
Pending sales include a small Keys cottage with one bedroom and one bath. It is in a nice Key Largo neighborhood that has a community clubhouse and a community boat ramp, providing easy access to Florida Bay. It was offered at just $187,000 at the time of contract.

Closed Sale - Sold for $753,000
Closed sales include a concrete home on the open water in a very nice Plantation Key neighborhood.  This home needs updating, but it is located on a bayfront lot with a private boat ramp which had been converted into a boat slip. Originally listed for $950,000, this property sold for $753,000.

To see the listings, follow the links below:

New Listings
Pending Listings
Sold Listings

Listing information is gathered from the Florida Keys Board of Realtors Multiple Listing Service. Listing links will automatically expire after  10/26/2012

Thinking about buying or selling property in the Florida Keys? Call me, let's talk!
September 18, 2012

Florida Keys Real Estate - Market Update for September 10th thru September 16th, 2012


It was a busy week last week in the real estate market, with 62 new listings coming onto the market, 51 properties going under contract and 37 properties closing!

New Listing - Offered at $649,000
New listings include a small, ground level home in Little Torch on the open water for just $649,000. This 2 bedroom, 2 bath home has over 1,400 sq. ft. of living space and dockage. Located on a corner lot with 9,390 sq. ft. of land. I think this will sell quickly!

Pending Sale - Offered at $1,350,000
Pending sales include a magnificent open water home on Cudjoe Key. This home sits on a double lot and has a pool and lush tropical landscaping as well as open water views. This home has nearly 2,000 sq. ft. of living space and 2 bedrooms and 2 baths. It was offered at $1,350,000 at time of contract.

Sold Listing - Sold for $570,000
Sold properties include a bank owned property located in Key Largo on a canal with direct ocean access. This large home has over 3,500 sq. ft. of living space, with 4 bedrooms and 4 baths.  It was originally listed for $642,900 and sold for $570,000 in just 67 days.

To view the listings, follow the links below:

New Listings
Pending Sales
Closed Sales

Listing information gathered from the Florida Keys Multiple Listing Service. Listing links will automatically expire after  10/18/2012

If you are interested in buying or selling a home here in the Florida Keys, please don't hesitate to contact me for more information. 


September 11, 2012

Market Update - Florida Keys real estate activity August 26th to September 9th, 2012


We are truly in the last dog days of summer here in the Keys. While most areas across the nation are starting to feel cold front moving in, we're still enjoying the balmy summer breezes and excellent boating weather we're famous for.

New Listing - 570 Beach Road
Despite a small threat from Tropical Storm Isaac in the last weeks of August, the last two weeks have still had a steady stream of business in the real estate market.  143 new listings were put on the market, 103 properties went under contract and 82 properties closed.

Pending Sale - 18 Key Haven Road
New listings include an all concrete home on a nice canal with 2 bedrooms and 2.5 baths. Located near Harry Harris Park, this home offers near-instant ocean access. It is located on a large corner lot and is offered at just $475,000.

Closed Sale - 141 Stromboli Drive
Pending sales include a waterfront home just minutes from Key West.  This 4 bedroom, 2 bath home has over 2,400 sq. ft. of living space as well as protected dockage, large lot and an attached garage. It was listed at $469,900 at time of contract.

Closed sales include an older home in popular Venetian Shores.  This home is located on two 100 x 100 lots, giving it 200 feet of waterfront - a rare find in Venetian Shores. It is solid concrete, including the roof and sold for $835,000.

Follow the links below the see the listings

New Listings
Pending Sales
Closed Sales

Listing information is gathered from the Florida Keys Board of Realtors Multiple Listing System. Listing links will automatically expire after 10/11/2012
September 03, 2012

Hurricane Watch vs Hurricane Warning


During the time of Tropical Storm Isaac's approach to the Keys, some people were asking what the difference is between a hurricane watch vs a hurricane warning.

It's a matter of timing and wind . . .

A hurricane watch indicates the possibility that you could experience hurricane conditions within 48 hours. When a hurricane watch is issued for our surrounding coastal area, it should trigger your family's disaster plan and protective measures should be initiated, especially those actions that require extra time such as an evacuation.

A hurricane warning indicates that sustained winds of at least 74 mph are expected within 24 hours or less. If a hurricane warning is issued for our area, Once this warning has been issued, your family should be in the process of completing protective actions and deciding the safest location to be during the storm.

Both watches and warnings are important, but warnings are more urgent.

I've heard a lot of people say preparing for Isaac was a waste of time. No, we didn't get what we thought we would in terms of storm conditions, but . . . I look at it as a needed practiced drill . It's been awhile since we've had to consider our hurricane plans, and I think Isaac made for a nice refresher course.

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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.
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