September 30, 2014

Just Reduced! Fabulous single family home in great Islamorada neighborhood!


Just Reduced to $355,000!

Be it year round residence or weekend getaway – this contemporary residence is the perfect place to come home to.

Located in a desirable Islamorada location, this 3 BD/2 BA home features over 1,300 sq. ft. of living space with a very open floor plan, vaulted ceilings, and walk-in closets.  The master bedroom has a private master bat and sliding glass doors leading to the backyard.

There is a large rear and side yard, which is fully fenced with wood privacy fencing.The yard can easily accommodate a pool. There is also plenty of parking for cars and your boat.

The bayfront HOA park offers boat ramp with immediate bay access and quick ocean access via nearby Tavernier Creek.

For more photos and full details, click here.

Call today for a private showing.




August 25, 2014

Real Estate Activity August 18th to August 24th, 2014 - New listings, pending sales and closed sales


New Listing - 108 N. Bounty
Last week, a listing came on the market that got a lot of attention - a large bayfront home for just $423,900. Upon closer examination, this home has some major issues - including being built without an active building permit. despite failed inspections, and an expired permit, construction continued. There is speculation that this home will have to be bulldozed. This explains why the price is what it is. It is essentially being marketed as a vacant lot, listed at land value only.  Still, I am sure some investor will take a chance on it and try to save the building. Time will tell.

Pending Sale - Key Largo Yacht Club
Pending sales included a beautiful 3 bedroom townhome at Key Largo Yacht Club with direct open ocean views. This complex is off the beaten path and is very quiet and serene. There is also not one, but two deeded boat slips included with this property in the protected marina. The home was offered fully furnished for $875,000 at time of contract.

Sold Listing - 120 Columbus Drive
Sold listings included an all concrete home on Lower Matecumbe for $479,000. This canalfront home needs some updating, but it is in a great location and was priced to sell.  Listed for $499,900, it sold in just 48 days for $479,000.

Follow the links below to view the listings.

New Listings
Pending Sales
Sold Listings

Listing information is gathered from the Florida Keys Multiple Listing Service (MLS).  Listing links will automatically expire after 9/24/2014.

August 20, 2014

Understanding Flood Insurance in the Florida Keys



There are a lot of industry terms used in the real estate market that are not readily understood by potential buyers coming into the area. Terms such as "above flood" or "below flood" and "pre-firm" may be confusing for buyers. I'd like to share this video from Key West that does an excellent job illustrating those terms and more. It also let buyers know that there is a possibility to elevate an existing building to above flood, and what the advantages are to doing that. 


August 19, 2014

Market Update - Real estate activity from August 11th to August 17th, 2014


It's that time of year when the kids start going back to school, tourism starts to drop a bit and life in the Keys returns to a slower pace. At least that is what usually happens this time of year. There is still quite a bit of traffic on the Overseas Highway and quite a few people looking at real estate.

Last week, 21 new listings entered the market (with two of them are under contract already). 28 properties went under contract and 14 properties sold and closed.

New Listing - 25 Coral Drive
One of the new listings - 25 Coral Drive - was on the market for just 11 days when it went under contract. It's an old conch cottage located on a nice lot in Key Largo. It's in need of a lot of repairs, but the location is a good location. I wouldn't be surprised if we see this little gem fixed up and put back on the market soon. It was listed at $119,000.

Pending Sale - 216 Treasure harbor
Pending listings include my conch cottage in Treasure Harbor, located in Islamorada.  This 2 bedroom, 2 bath home is on a large lot overlooking an open harbor. There is immediate Ocean access and very quick bay access via nearby Snake Creek. It was listed for $610,000 at the time of contract.

Sold Listing - 1120 Heron Road
Sold listings include a nice CBS stilt home on a canal with cut-in boat slip. This home has a large covered parking area as well as a bar with tiki on the ground level and a spacious 1,400 square foot residence upstairs. Originally listed at $755,000, it sold for $630,000.

Follow the links below to view the listings.

New Listings
Pending Sales
Sold Listings

Listing information is gathered from the Florida Keys Multiple Listing Service (MLS).  Listing links will automatically expire after 9/18/2014.
August 13, 2014

Not the typical boat race - The Annual "Anything That Floats" contest is this weekend


The Florida Keys with its beautiful waterfront setting are well known for boating.  It's not unusual to have sailboat races, speedboat races, and more.

But this event is unlike any of the others. In this event, the boats are all homemade - with restrictions. Materials allowed that you can find around your house: cardboard, wood, PVC, duct tape, milk jugs, 5 gallon buckets, saran wrap, old t-shirts, outdoor furniture, old bikes, and pool noodles. Just no motors, inflatable rafts, foam, or pool toys are allowed.

"Boats" need to hold together long enough to hold team members inside during the half-mile dash through a buoyed course set in Blackwater Sound from Key Largo's Caribbean Club to Sundowners and back.

Always a crowd pleaser, this event is sure to be fun for all - both spectators and participants alike.

The race is held on Saturday, August 16th. For more event information, go to www.KeyLargoAnythingThatFloatsRace.com.

August 12, 2014

Market Update - Real Estate Activity from August 4th to August 10th, 2014


What a week!  Last week was certainly a busy one with 20 new listings, 15 sold listings and a whopping 35 listings put under contract!

New Listing - 27 Lake Shore Drive
New Listings include a large 3 story home with pool on protected harbor in Key Largo. This home has 4 bedrooms and 4 baths, with the master suite being a private third floor retreat. Each level features open patios overlooking the pool and the harbor. It is offered at $850,000

Pending Sale - #503 Summer Sea
Pending Sales include a large top floor penthouse at Summer Sea Condos in Tavernier. This 3 bedroom, 2 bath residence has covered parking and bay views, in addition to a private rooftop deck. This complex makes for easy vacation rental to earn income while you are not using the unit for yourself. It was listed at $494,900 at time of contract.

Sold Listing - 135 Palermo
Sold listings included a ground level home in desirable Venetian Shores in Islamorada. This home is in need to total repair and restoration and the new owner will most likely be building a completely new home. It has 70 feet of dockage and a cut-in boat ramp.  It sold for $400,000

To view the listings, follow the links below:

New Listings
Pending Sales
Closed Sales

Listing information is gathered from the Florida Keys Multiple Listing Service (MLS).  Listing links will automatically expire after 9/10/2014.
August 07, 2014

Just Reduced - 216 Treasure Harbor Road - Islamorada


Old Florida Charm Overlooking Protected Harbor in Islamorada – The perfect fishing retreat in the Florida Keys. This 2BD / 2BA home boasts 70’ of dockage on wide, quiet, protected harbor with immediate ocean access and quick bay access via nearby Snake Creek. The property features a spacious yard with covered lanai overlooking the water, updated kitchen, open floor plan and more.  Just reduced to $610,000. 
Visit www.216TreasureHarbor.com for photos and more information.
August 04, 2014

Weekly Market Update - Real Estate Activity from July 28th, 2014 to August 3rd, 2014


Traditionally, this is the slow season in the Florida Keys. But after speaking with fellow Realtors and even land surveyors, most are reporting that business is booming.

This last week was no exception.  18 new listings were put up for sale (with one of them already under contract), 18 listings went under contract and 21 sales were closed. Not bad numbers for "off season"!

Plantation By The Sea
One of the new listings to appear is a condo at popular Plantation By The Sea. This 2 bedroom, 1.5 bath condo has been renovated with top of the line touches such as granite counter-tops, solid wood cabinetry, impact windows and new appliances.  It is offered for sale at $230,000.

Moon Bay
Pending listings include my listing at Moon Bay in Key Largo, unit A203. This  complex allows weekly rentals, making it a sound investment for the buyer who is looking for rental income.  This unit has 2 bedrooms and 1.5 baths and includes a deeded boat slip. It was listed at $255,000 at time of contract. For more information about Moon Bay, visit www.MoonBayKeyLargo.com.

Ocean Pointe #4312
Closed sales include another of my listings, #4312 at Ocean Pointe.  This condo was beautifully renovated and professionally decorated.  Ocean Pointe has one of the most flexible rental programs in the Keys, allowing for rentals of just one day or more. The on-site rental program makes renting the unit a breeze.  For more information about Ocean Pointe, visit www.OceanPointeCondo.com.

To view the listings, follow the links below:

New Listings
Pending Sales
Closed Sales

Listing information is gathered from the Florida Keys Multiple Listing Service (MLS).  Listing links will automatically expire after 9/23/2014.




August 01, 2014

Remodeling - Before and After


When looking at property it's easy to dismiss a property you saw because it didn't have a "wow" factor.  However, sometimes all it takes is a little updating with new furniture and a few well chosen accents to make a huge difference.

This beautiful condo in Ocean Pointe just sold. When it last sold, the new owner wanted to do some remodeling. The unit was in wonderful condition when she purchased, but just a few renovations made it truly beautiful. Here is a view of the living room and kitchen taken before and after. The appliances, cabinets and flooring were all left the same. The new owner added new light fixtures in the kitchen, replaced the granite counter-top with a larger piece, removed the popcorn ceiling and mirror panels on the wall.  Then, she added crown molding, new furniture and decorations, new ceiling fan and new paint. The difference is amazing.

Remember to think about the potential some changes can make when looking at possible properties to buy.

July 28, 2014

New Listings, Pending Sales and Closed Sales - Listing Activity from July 20th, 2014 to July 27th, 2014


Despite being our "off season", there is still quite a lot of activity in the real estate market.  This past week 19 new listings entered the market, 17 listings went under contact and 12 listings were sold.

Moon Bay - Key Largo
Among the new listings, there are two new units for sale at Moon Bay in Key Largo.  A209 has just been listed for $240,000 and B401 has just been listed for $349,000.  Rental potential is very good in this complex, which allows for weekly rentals.  Visit www.MoonBayKeyLargo.com for more information about Moon Bay.

113 Plantation Shores Drive
Pending sales included a beautiful pool home in Plantation Key.  This ground level home is located in an X flood zone, one of the most desirable flood zones in the Keys.  It featured 3 bedrooms and 2 baths and a spacious open kitchen.  It was listed for $485,000 at the time of contract.

Sold - Ocean Pointe Condos
Sold listings included 3 listings at Ocean Pointe Condos, with sales prices ranging from $258,000 to $325,000.  These condos also offer very nice rental income, as they can be rented for as little as one night. The on-site management program makes renting your unit very convenience.  Learn more about Ocean Pointe at www.OceanPointeCondos.com.

Follow the links below to view the listings:

New Listings
Pending Sales
Closed Sales

Listing information is gathered from the Florida Keys Multiple Listing Service (MLS).  Listing links will automatically expire after 8/27/2014.
July 17, 2014

Just Listed! Beautiful condo in Executive Bay Club - Islamorada, Florida Keys



Executive Bay Club
Close to everything the Upper Keys has to offer! This beautifully remodeled unit has two bedrooms and two full baths plus a separate loft with private entrance. The entire residence has been remodeled with new tile floors, frosted impact windows in the living room, new cabinetry in the kitchen, new showers and vanities in both baths and much more. The full-size stacked washer and dryer can be found in a convenient laundry closet adjacent to the kitchen. Additional storage is provided by a large walk-in storage closet with stairs leading to the loft.  

Spacious & Modern Decor
Executive Bay Club makes an excellent year-round residence or is perfect for your island getaways.  It is very conveniently located near shopping, schools, and everything you could need. Amenities include large swimming pool located next to the clubhouse, making it a great location for parties and other events. Dockage is provided in the first-come marina directly on Florida Bay. There is also a beach area with beach chairs, two tennis courts, all located in a gated and secure community!

There are less than 5 units currently available within the complex - Call today to arrange for a private showing! 


May 29, 2014

For Sale - Moon Bay Key Largo - Perfect Vacation Rental Investment!


Moon Bay Marina
Moon Bay . . . a gated, private condo community located in the heart of Key Largo at mile marker 104.3. This complex has a resort feel to it, with landscaped grounds and ample dockage in the private marina.

A203 Moon Bay
It's not often that units in this complex get listed for sale, but we've just listed A203 - the only unit currently on the market -  with 2 bedrooms and 1.5 bathrooms.  This unit also includes a deeded boat slip in the marina.  Weekly rentals are allowed in the complex, making this a perfect investment in the Keys that can use to generate income  while you are not staying in your unit.

Amenities at Moon Bay include a large heated swimming pool and adjacent wading/children's pool, lighted tennis court, marina with deeded slips and bayfront tiki, spacious club house with rooftop deck, boat ramp, as well as picnic & BBQ areas.  

Occasionally rented, but still fairly easy to view, call today to arrange a private showing. 

Learn more about Moon Bay at www.MoonBayKeyLargo.com 
February 06, 2014

Remodeled Condo? Check. Gorgeous decor? Check. Endless Ocean Views? Check! Gorgeous new listing at Ocean Pointe!


Living Room of #4312 Ocean Pointe
When I sold this unit to the current owner, I knew the planned remodeling was was going to be something special.  And I was right. This unit is simply beautiful.

Ocean Views from your balcony
Upgrades include crown molding, new appliances, new ceiling fans and light fixtures, new bath fixtures, new carpeting, new rolling sun shade, tankless water heater, screen door, new paint and gorgeous new furnishings - just to name a few - and all of it stays with the unit.

And if that's not enough, there are endless ocean views over the Atlantic, just outside your backdoor.

This unit is virtually brand new and makes a perfect Florida Keys vacation destination. Even better, you can rent it out and earn income when you're not using it yourself.  

Amenities include a large heated swimming pool, sandy beach, cafe and clubhouse, marina, dual lighted tennis courts, 24 hour manned gate and more. As a convenience, you can even leave a boat on a trailer here year round for no additional expense. No more dragging the boat along when you come down to enjoy a stay in the Keys! Just drop it in the water at the on-site boat ramp and you're off!

Everything you'll need is here. Just bring your toothbrush and a change of clothes and start living the Florida Keys lifestyle today. Come take a look - you won't be disappointed!

Learn more by following this link








January 22, 2014

An investment with a view! Income producing unit at Ocean Pointe Condos


Living Room
Every once in a while, you probably think "wouldn't it be nice to have a place to escape to?"  More often the not, the reason that stands between this thought and reality is affordability.  If only there was a way your "escape" could help pay for itself.


Kitchen
The good news, there is. Ocean Pointe Condos in Tavernier provide owners with a place to use when they are in town, and the option of renting it out to generate income when they are not.  There are several units to choose from on the market, but few that compare to this one.

This one bedroom, one bath unit is totally remodeled and it is gorgeous.  New impact windows, granite countertops, and a beautiful view are just some of the amenities waiting for you here.  This unit also has new appliances, new living room furniture, new pillow-top mattress, new whirlpool tub, new ceiling fans and an on-demand hot water heater.

The best part - it's rents very well and makes a nice income for it's owner. There is nothing a new owner will need to do - just use and enjoy or start generating that rental income.  The on-site rental program makes renting it very easy.  There is are no black out dates or time that the owner can use the unit, either. The program is very flexible, and is not a mandatory program.

To learn more and see all photos of the unit, please follow this link - 5213 Ocean Pointe. Be sure to click on "documents" to see a full list of upgrades. Once you've seen it, call me to make an appointment to see it in person.

Special thanks to Holly Hight for letting me show and share this great listing!


January 08, 2014

$120,000 price reduction - K35 at Ocean Harbour, Islamorada


If you're looking to get into a luxury condo in Islamorada at an unbeatable price, look no further.

This 2 BD / 2BA condo is located in Ocean Harbour - one of Islamorada's most desirable communities.  This unit also includes a 30' boat slip in the oceanfront marina.  Beautiful views of the ocean, marina and pool are seen from the main living areas as well as the master bedroom.  On-site amenities include clubhouse, beach, marina, tennis, fitness room & much more.

Now listed at $569,000.  

Visit www.OceanHarbourK35.com for complete details and additional photos.





 

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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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