August 30, 2011

Florida Keys Market Activity for the week of August 22nd to August 28th, 2011


The Upper Keys have seen their share of good deals in the last few weeks.  Last week I wrote about a unit at Plantation by the Sea for just $169,500. I still expect this unit to sell and come back on the market at a much higher price after needed renovations. 

Unit 4213 at Ocean Pointe -$141,000
This week there is a new listing at Ocean Pointe in Tavernier for just $141,000.  This is a one bedroom, one bath unit bank owned unit in Building 4, which is the closest building to the Ocean at Ocean Pointe. It is even offered fully furnished - rare for a bank owned property.  The on-site rental program can generate a very nice rental income for the new owner and this unit is ready to close and start being rented again. 

3 Madeira Drive - Pending, Listed at $179,000
Pending sales include one of my listings at 3 Madeira Drive in Key Largo.  This cute 2 bedroom, 1 bath home is completely redone on the inside and is ready to be used as a rental income generator or primary residence. Listed at just $179,000 at the time of contract, it is expected to close very quickly. 

271 Jasmine Street - Sold for $152,500
Closed sales include an adorable 2 bedroom, 1 bath home in popular Plantation Key Colony in Tavernier, which is a great neighborhood with bayfront homeowner's park. This home is CBS, has bamboo flooring and a fully fenced yard. It was a short sale and just closed for $152,500. 

Follow the links below to see the activity for the entire Florida Keys Market.

New Listings
Pending Sales
Closed Sales

Listing information obtained from the Florida Keys MLS. Listing links will automatically expire after 9/29/2011

It's a great time to invest in Florida Keys real estate.  If you'd like to learn more about me and the services I offer my buyers and sellers, visit me at www.TracyLarson.com

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