May 21, 2012

Real estate activity in the Florida Keys - May 7th to May 20th, 2012


It's hard to believe May is almost behind us and summer is almost here.  The roads are already a little quieter, the restaurants less crowded. Next weekend's Memorial Day Weekend will officially ring in our "slow season".

The past two weeks, only 85 new listings came on the market. This is typically how many come on the market during one week in season.  65 properties went under contract and 60 properties sold.

101 Primrose Lane - offered at $425,000
One of the new listings is a waterfront property in Long Key. This 3 bedroom 2 bath home has over 1700 square feet, and includes guest accommodations with a separate entrance. It is located on a double lot, completely fenced. It is easy to show and offered at $425,000

Las Marvillas - Pending condo sale
Pending listings include a condo in a small, private complex of just ten units. This complex offers assigned boat storage, covered parking, swimming pool and dockage.  Low association fees are an added bonus here. This unit was originally listed at $725,000 back in 2006 and  was listed at $419 at time of contract.

106 Canal Street - Sold for $300,000
Sold properties include an great investment opportunity of multi-family units! Two 1bd/1ba (duplex), plus 2bd/2ba house (that is zoned duplex), plus efficiency apartment, garage, storage, with 2 additional  buildable lots located in a desirable subdivision in Key Largo. This unique piece of property sold for $300,000 with seller financing!

Follow the links below to see the listings:


Listing information gathered from the Florida Keys Multiple Listing Service (MLS). Listing links will automatically expire after 6/20/2012

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