December 29, 2011

December Market Activity - December 5th to December 25th, 2011

Christmas has come and gone, but the visitors to the Florida Keys are still here, with more arriving every day. The Overseas Highway is bustling with traffic. The last week of 2011 is certainly going to be a busy one!

The real estate market the past 3 weeks has been just as busy. 211 new listings came on the market, 105 properties went under contract and 100 properties sold.

Waterfront pool home in Key West - $349,000
Of the new listings, there is a rare find in Key West being offered for $439,000. This 3 bedroom 2 bath home is on a canal and also has a large swimming pool. Waterfront homes on the island of Key West are not that common, since there are very few canals in Key West and most open water property is either commercial (hotels, etc) or condos.

224 Treasure Harbor - pending sale
Pending sales include one of my listings in Islamorada. 224 Treasure Harbor is under contract and is scheduled to close early in 2012. This home features 2 bedrooms and 2 baths on the upper level and a legal 2 bedroom, 1 bath apartment downstairs.  Multi-family zoning makes renting the apartment completely legal.  It was offered at $899,000 at time of contract.

391 Fourth St., Key Colony - sold for $360,000
Sold sales include a unique A-Frame home in Key Colony. This 3 bedroom, 2 bath home has a lot of Keys character to it and has been recently remodeled.  It is also located on a nice canal in a great neighborhood.  It was originally listed at $428,500 and sold for $360,000

Follow the links below to see the listings:

New Listings
Pending Sales
Closed Sales

Listing information gathered from the Florida Keys MLS. Listing links will automatically expire after 1/28/2012.

December 09, 2011

MARKET UPDATE - New listings and more - Keyswide from November 28th to December 4th, 2011

It's hard to believe that in just a few short weeks we'll be ringing in 2012.  There's already been a lot of activity in the marketplace, so I think 2012 will be a great year for the real estate market in the Keys.

Turn-of-the century estate in Key West
100 new listings came on the market during the week, including an incredible turn of the century home in the heart of Old Town Key West.  This home was built in 1903 and has been meticulously restored and renovated. With over 4,000 square feet, it sits on two and a half lots.  It is offered at $3,490,000

Pending, 161 Venetian Dr., Lower Matecumbe
54 properties wnet under contract during the week. They include a large CBS home with nearly 3000 square feet of living space on a nice canal in Lower Matecumbe. This 3 bedroom, 2 bath home has 70 feet of dockage and is just minutes from Channel 5 bridge, making easy access to both the ocean and bay. It was listed at $575,000 at the time of contract.

#4410 Ocean Pointe - Sold for $295,000
Among the 40 properties that sold, one of my listings at Ocean Pointe sold for $295,000. Unit 4410 is an updated 2 bedroom, 2 bath condo on the top floor of building 4, which is the closest building to the ocean. It sold fully furnished and has direct ocean views. This unit will be a nice income generator for the new owner.

To view the complete list of properties from Key West to Key Largo, follow the links below:

New Listings
Pending Sales
Sold Listings

Want to search for more listings? Click HERE to search the entire Florida Keys MLS

Listing information is gathered from the Florida Keys MLS. Listing links will automatically expire after 1/8/2012.

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