Real Estate Activity in the Florida Keys - July 18th to July 24th, 2011

New listing - pending in less than 1 day!
It has always been said that if a property is priced right, it will sell. That has held true this past week, with 2 of the 18 new listings to hit the market already under contract.

875 Ellen Drive - Pending
A bank owned property at 102 Iroquois Street was on the market less than a full day before going under contract.  It was priced at just $75,000 for a 2 bedroom, 1 bath home. Grant it, it needs A LOT of work, including a new roof, but I suspect this home will be repaired and re-enter the market at a much higher price.

Other properties that went under contract include a nice canalfront home on Ellen Drive in Key Largo. It is a custom built 3 bedroom, 2 bath home on a wide canal and was listed at $599,000 at the time of it going under contract.

209 Ocean Drive - sold for $1,450,000
Oceanfront living is soon to be enjoyed by the new owners of 209 Ocean Drive in Tavernier. This 5 bedroom, 4 bath home is truly spectacular, with no detail over looked.  It's unique features include a mini swimming pool in the master bathroom!  It sold for $1,450,000

To view the listings, follow the links below:

New Listings
Pending Sales
Closed Sales

Listing information gathered from the Florida Keys MLS.  Listing links will expire on August 25, 2011.