Looking for a home in the Florida Keys?  Imagine, opening the door to a condominium and the first thing you see is the Florida Bay! This 2 bedroom/ 2 bath condo comes fully furnished and is located in a small complex with only 16 units. As if being on the top floor was not bonus enough,  this unit is a corner unit which gives you added privacy.  Almost every room has a breathtaking view of the Bay and the balcony stretches from one end to the other.  Large master suite with jacuzzi tub, accordion hurricane shutters, the only unit with a storage locker at bottom of stairs, pool, tiki hut for gatherings and a nature walk through the mangroves to a deck directly on the bay.  There is no dockage for the complex but there are 3 marina’s within 1 mile.

Here is a video of this Florida Keys waterfront condo.  Enjoy the 180 degree views!

The Palms of Islamorada is an ocean front gated complex located at Mile Marker 80. This 1 bedroom/ 1.5 bath unit has partial ocean views from master bedroom and sunset views from breezeway.  With 850 square feet of living space, there is plenty of room for you and your guest.  Pool, hot tub, grills and chickees are direct ocean front. Kayak storage and launch on property. Too shallow for boats but Bud-N-Mary’s Marina is within walking distance. This condo complex is located on Upper Matecumbe Key which is the Heart of Islamorada – you can ride your bicycle everywhere.  Well maintained unit – a pleasure to show.

If this particular home in the Florida Keys is not what you are looking for, there are many others to choose from.  My website is updated on a daily basis, extracting information from our local multiple listing service (MLS).  Whether you are looking for Florida Keys waterfront homes, Luxury homes in the Florida Keys, Florida Keys Condominiums, Homes in the Florida Keys, Vacant Lots or Commercial properties– my website is the source for all your needs.

This foreclosure home in the Florida Keys is back on the market today. Per the listing agent,  buyer’s could not qualify for financing, so they had to withdraw from the deal.  If this Islamorada Canal front home in the Florida Keys is of interest you need to act now.

This is a duplex located in White Marlin Beach subdivision on Lower Matecumbe Key in Islamorada.  At the price of $244,500 this property is going to need some work.  It is a ground level home that sits on a corner lot.  White Marlin Beach is one of the few communities in the Keys that has a homeowner’s park directly on the bay with a small beach area.  The shallow waters in front of the beach has a nice hard sandy bottom and is great for wading and gathering with friends.

Take a look at the property - 102 / 104 Gulfview Drive.

Foreclosure homes in the Florida Keys are decreasing.  At the beginning of the year, foreclosures made up about 8% of the homes in the Florida Keys for sale.  Now that number is down to about 4%.  With foreclosures you can expect multiple offers coming in.  The bank that owns the homes will require you obtain a pre-approval through them if you will need financing.  When submitting offers to the bank, it will need to be accompanied with a pre-approval letter or a proof of funds letters, if paying cash.

Call with any questions or if you would like to preview the property.

If the foreclosure home in the Florida Keys is of no interest, there are many more homes that are available for sale. My website is updated on a daily basis, extracting information from our local multiple listing service (MLS).  Whether you are looking for Florida Keys waterfront homes, Luxury homes in the Florida Keys, Florida Keys Condominiums, Homes in the Florida Keys, Vacant Lots or Commercial properties– my website is the source for all your needs.

This home in the Florida Keys just came on the market. A concrete home is a charmer with 3 bedrooms and 1 bathroom.  Vaulted wood ceilings, large screen porch for additional outdoor living space, the bathroom has been remodeled, located is an X flood zone (which is the best.  Standing on the ground, you are already above flood).   It has a nice open floor plan and off the kitchen is a large pantry.  This home sits on a 9,600sf corner lot in Plantation Key Colony with mature tropical landscaping.  Central A/C – new compressor in 2010, Metal roof over living space and new roof over screen porch (roof completed in 2010).  Already hooked in to the central sewer system and septic has been decommissioned.

If this particular home in the Florida Keys is not what you are looking for, there are many others to choose from.  My website is updated on a daily basis, extracting information from our local multiple listing service (MLS).  Whether you are looking for Florida Keys waterfront homes, Luxury homes in the Florida Keys, Florida Keys Condominiums, Homes in the Florida Keys, Vacant Lots or Commercial properties– my website is the source for all your needs.

By now everyone has heard the terms “bank owned” AKA foreclosures and “short sales.”  What is the difference?  Bank owned properties is where the bank has taken the property back from the owner; the bank now owns the property.  A short sale is where the owner still owns the property but is hoping to get cooperation from the bank to be able to sell it at an amount that is less than the owner owes.  On a short sale, the bank has FINAL approval as to what they will be willing to sell the property for.

When submitting offers to bank owned or short sale properties – the buyer will have to submit a proof of funds letter, if paying cash or a pre-qualification letter, if getting financing.  This is a requirement from the bank.

Dealing with a bank owned property, will get a quicker response than dealing with a property being offered as a short sale.  When a seller decides to deal with a short sale, they will be required to submit an abundance of paperwork to the bank – such as tax returns, pay stubs, hardship letter, monthly expenses, statements and the list goes on.  The negotiator from the bank, will not even look at the file until all the paperwork is submitted.  Once the negotiator receives the paperwork, then they have to follow the bank’s procedure to see if a deal can be made.  Each bank has their own set of guidelines but what they will all do is order either a BPO (Broker Price Opinion) and / or an appraisal.  Once the bank is armed with the information as to what the market value is – then they will start negotiations.  This is the reason short sale properties take a few months to close.

Since the recession started in 2006 (for down here) – the banks have greatly improved their short sale process.  So all though they can still be painful, it has become easier – IF you are working with a qualified short sale specialist.

When it comes to the listing prices on a short sale – the listing agent generally sets the price as to what they feel the market value of that property is.  So don’t be confused to thinking that is the most you will have to pay from the property BECAUSE the bank will have the FINAL say as to what a property sells for.

If you find a property that you like, now is the time to buy it.  NO FLIPPING – this is not the time for that.  Long term users are who is purchasing now.

Good luck with your search.  My website is updated on a daily basis – so if you like what you see SAVE IT IN YOUR FAVORITES! or BOOKMARK IT (from one Mac user to another)!  My website is updated on a daily basis, extracting information from our local multiple listing service (MLS).  Whether you are looking for Florida Keys waterfront homes, Luxury homes in the Florida Keys, Florida Keys Condominiums, Homes in the Florida Keys, Vacant Lots or Commercial properties– my website is the source for all your needs.

The Florida Keys are 106 miles long  – if you know which area you would like to purchase a Florida Keys home you can narrow your search.  There is the Upper Keys – which is Key Largo and Islamorada; the Middle Keys – which is Marathon; the Lower Keys and Key West.

Short sales are anything but a short process. If you can be patient, you can find a home in the Florida Keys at a good price by participating in short sales.  Of the 2600 properties listed on the MLS throughout the entire Keys, 17% of them are short sales.   If you are interested in a short sale, preparing the contract is important.  Call me to help you through this process.

Please subscribe to my RSS feed if you enjoy reading my blog.  I will provide useful and up-to-date information about buying or selling homes in the Florida Keys.  My website is updated on a daily basis, extracting information from our local multiple listing service (MLS).  Whether you are looking for Florida Keys waterfront homes, Luxury homes in the Florida Keys, Florida Keys Condominiums, Homes in the Florida Keys, Vacant Lots or Commercial properties– my website is the source for all your needs.

The Florida Keys are 106 miles long  – if you know which area you would like to purchase a Florida Keys home you can narrow your search.  There is the Upper Keys – which is Key Largo and Islamorada; the Middle Keys – which is Marathon; the Lower Keys and Key West.