Home Buying in Key West : Real Estate Advice

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frdmainville, Home Buyer in Key West, FL
frdmainville asked:
has this house sold?
0 votes Share Flag Wed Mar 23, 2016 Home Buying in Key West
Ann Ryan, Real Estate Pro in Doral, FL
Ann Ryan answered:
What are the ramifications for home/condo prices in Key West when Cuba opens up?
Probably will help push prices up, but I suspect Key West prices are much more impacted by the popularity of boating and fishing, and the rate of retirees headed South.
0 votes Share Flag Sat Jan 30, 2016 Home Buying in Key West
Jim Olive, Real Estate Pro in Key West, FL
Jim Olive answered:
Any realtor in Key West ever worked a trade? Have North Carolina mountain home. Over 3000 sq. ft. Just listed for $379,900. Interested in a Key West
That's what makes this so complicated. Unless Jn1961 (from Illinois) has a house in Florida, or MGurly wants a house in IL, the trade wouldn't work very well...
0 votes Share Flag Thu Jun 12, 2014 Home Buying in Key West
Jim Olive, Real Estate Pro in Key West, FL
Jim Olive answered:
Is it possible to find a duplex for sale in 33040? Haven't had any luck. Want to occupy one side seasonal and rent other side annually.
If you're still looking, give me a shout. There are several options on the market right now, starting pretty low...Jim
0 votes Share Flag Fri May 2, 2014 Home Buying in Key West
Jim Olive, Real Estate Pro in Key West, FL
Jim Olive answered:
Hi I was just wondering if there are any basketball clubs on key west or if it's just the high school?
Depending on your age, there is a younger club at the Douglas Gym. I often see adults playing in Bayview Park..not sure if it's a club or just pick-up game?
0 votes Share Flag Fri May 2, 2014 Home Buying in Key West
Jim Olive, Real Estate Pro in Key West, FL
Jim Olive answered:
Good morning! We are interested in a purchase of land with the permission on further building in the old part of Key West. Best regards. Yurii
Of course...there are limitations on tear-downs in Old Town...need to find one that isn't protected as historical...
0 votes Share Flag Thu Apr 17, 2014 Home Buying in Key West
Jim Olive, Real Estate Pro in Key West, FL
Jim Olive answered:
how much is flood insurance yearly and what area of key west is the cheapest.?
Since this question was first posted, Congress has taken steps to minimize the adverse effects of the Biggert-Waters Act that I alluded to in my first response...so flood insurance shou ... more
0 votes Share Flag Thu Apr 17, 2014 Home Buying in Key West
Meir Aloni, Real Estate Pro in Plantation, FL
Meir Aloni answered:
Where are x zone properties in the keys?
Do you really want to save on flood insurance in KEY WEST??!!!

****Did you like this post? If so, please click Green thumb. Thank you!


With enthusiasm,

Meir Aloni & Team

... more
0 votes Share Flag Sun Jan 26, 2014 Home Buying in Key West
Maya Thomas…, Real Estate Pro in Key West, FL
Maya Thomas LLC answered:
How does one find foreclosed homes and short sales in the keys. Have a cash amount and would like to see what's available for cash.
HI TooSleepy2Care,

The best thing that you can do is find a Buyer's Agent. They will share all of the properties with you and help you with all of the unique factors that you need t ... more
0 votes Share Flag Sat Oct 26, 2013 Home Buying in Key West
Tina  Masters, Real Estate Pro in Key West, FL
Tina Masters answered:
We are a newly engaged couple looking to buy a home and move to Key West. Should we look for foreclosures or stray away due to the unmentionable fees?
Congratulations to you both! I have lived since most of my life. I am very familiar with Key West and the Florida Keys and up to date regarding the real estate market here. I would l ... more
0 votes Share Flag Fri Sep 27, 2013 Home Buying in Key West
cpgrouper, Home Buyer in Key West, FL
cpgrouper answered:
Looking for a weekend property. What condos alow you o have 2 large dogs. Thx
Looking or weekend property. What condos alow you to have two large dogs
0 votes Share Flag Thu Sep 26, 2013 Home Buying in Key West
Maya Thomas…, Real Estate Pro in Key West, FL
Maya Thomas LLC answered:
I was looking for some a second home in the keys. I need to know what the average home price on Key West
Hi Ron,

Here is a link to a recent post with an update about the Absorption Rate in Key West:

http://www.virtuosobroker.com/2013/09/key-west-fl-real-estate-market.html

Here is ... more
0 votes Share Flag Mon Sep 23, 2013 Home Buying in Key West
Jim Olive, Real Estate Pro in Key West, FL
Jim Olive answered:
I have been looking to buy a small vacation home on either St. Croix, USVI or one of the Keys in FL (like Key West).
Marie... I'm sorry I'm a bit late to the party, but had to weigh in! During my Coast Guard career I travelled all around the Caribbean and visited the USVI as well as the other islands ... more
0 votes Share Flag Wed Sep 4, 2013 Home Buying in Key West
Scott Forman, Real Estate Pro in Key West, FL
Scott Forman answered:
The right investment properties in Key West...
Hi Steven,

How's the market there? Here we are seeing a strong decrease in stressed sales along with a decrease in inventory overall. The buyer's I work with that are focusing stri ... more
0 votes Share Flag Sat Feb 9, 2013 Home Buying in Key West
Michael Sull…, Real Estate Pro in Key West, FL
Michael Sullivan answered:
What is the HOA or resort fee for the home at 5031 5th ave #69?
Andrea, the fee of $850/month is for the lease on the land. Sunset Harbor, a beautiful newly developed, waterfront, manufactured home community. The price of $114,900 is for the manufac ... more
0 votes Share Flag Mon Jan 21, 2013 Home Buying in Key West
Michelle Mor…, Real Estate Pro in Key West, FL
Michelle Morgante answered:
any rent to own homes in the upper keys?
I agree with Jim in that any home for sale (or rent) is a possibility. Specifically you can:

- Look for a home that has been on the market for a long time (over 90 days) and...

- ... more
0 votes Share Flag Fri Jan 4, 2013 Home Buying in Key West
Jim Olive, Real Estate Pro in Key West, FL
Jim Olive answered:
looking for a home in key west florida.had seen this home last year. It was about 3,300,000.it had a main home and a guest home with the pool in the
I don't think I could give up such a gem, even to move to the Alps!! Beautiful property...
0 votes Share Flag Mon Oct 29, 2012 Home Buying in Key West
Maya Thomas…, Real Estate Pro in Key West, FL
Maya Thomas LLC answered:
how much monthly is betwen taxes and insurance?
Taxes are typically a little over 1% in the city of Key West FL. In the city home owners pay a monthly bill for sewer and garbage that is typically $80 to $135 per month.

In Monroe ... more
0 votes Share Flag Thu Jul 12, 2012 Home Buying in Key West
Fred Mullins, Real Estate Pro in Key West, FL
Fred Mullins answered:
Whats the real story in the lower Keys market? they seemed to have had a spike in sales at the end of 2009 early 2010 but inventory is starting to
Big D:

Actually, it is just the opposite. The sales volume in 2011 was excellent and we are seeing a reduction in inventory through out the Keys particularly in the Lower Keys marke ... more
0 votes Share Flag Thu Apr 19, 2012 Home Buying in Key West
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