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Key West : Real Estate Advice

  • All135
  • Local Info9
  • Home Buying34
  • Home Selling6
  • Market Conditions6

Activity 52
Fri Sep 27, 2013
Gene Neal answered:
Are you putting down 20%? Are you willing to repair the property? It depends on your risk tolerance. Some deals are available however the property may need massive work.
0 votes 10 answers Share Flag
Tue Feb 19, 2013
Jim Olive answered:
You might want to check the police records.
0 votes 1 answer Share Flag
Sun Feb 3, 2013
Jamie Chara asked:
0 votes 0 Answers Share Flag
Mon Jan 21, 2013
Gary Smith answered:
The home is for sale but not the land. The site rent per month is $850.00
0 votes 2 answers Share Flag
Sat Feb 9, 2013
Michael Sullivan answered:
Steven, looking for income properties in Key West can be tricky due to an ordinance enacted back in 1998 restricting rentals to a minimum of 30 days unless you have a "transient rental license"..

The discussion on transient rentals could easily turn into a dissertation; give me a call at 305-304-8259 and I'll be glad to explain it all to you.

Michael Sullivan
Owner / Broker
Key West Properties
... more
0 votes 4 answers Share Flag
Thu Jan 10, 2013
Jim Olive answered:
Hello Mecia...
I'm not sure who manages those apartments, and there are no listings for them in the MLS. If I can provide any assistance to you in your search for a home, give me a shout...Jim ... more
0 votes 3 answers Share Flag
Fri Jan 4, 2013
Julie Rosenthal answered:
find all listed properties at
0 votes 5 answers Share Flag
Tue Nov 13, 2012
Chad Gray answered:

If you don't get any responses from Realtors in Key West, let me know and I can refer one to you. I know a couple great agents there.

Chad Gray PA, Realtor
Luxury Living Fort Lauderdale
Coldwell Banker Residential Real Estate

100% of clients rated our service as "EXCELLENT"!
... more
0 votes 4 answers Share Flag
Sun Jan 6, 2013
Michelle Morgante answered:
Mon Oct 29, 2012
Maggie Hawk answered:
Hello. I'd like to mention a few things here.

(1) The property you asked about doesn't appear to be for sale. If you move your cursor over the upper right corner of the screen with the property description, you'll see a button called "Public Record" and the statement "This property is not currently listed for sale on Trulia." It looks like something was recently recorded in the county courthouse, possibly a foreclosure. Keep in mind that not all foreclosures are listed for sale.

(2) Regarding your question about crime, Section 689.25 F.S. (Florida Statutes) states that a homicide, suicide, or death that occurred on a property is NOT considered a material fact that must be disclosed (by an agent) in a real estate transaction. In Florida, material facts are most often things that affect the condition of the property, such as a leaky roof (even if it's been repaired).

(3) The neighbors are not bound by the same restrictions as real estate agents. Your best bet may be to talk to a few people who live near any home you're interested in.

Good luck in your home search.
... more
0 votes 2 answers Share Flag
Sat Aug 18, 2012
Jim Olive answered:
Dear Islandgirl...
As you probably know all to well, finding a decent rental is TOUGH! I hope you've had good luck and found one. If not, you might want to consider buying a place. You can own for less than renting and with prices what they are right now, you could make a lot of money when you sell down the line. Give me a shout if you'd like some help...Jim ... more
0 votes 1 answer Share Flag
Sun Jun 24, 2012
Scott Forman answered:
This property is a 28 day minimum stay vacation rental in Old Town Key West.
Rates run from $3,000 in the off season ti $5,500 for high season winter months.
0 votes 1 answer Share Flag
Mon Oct 29, 2012
Sally Grenier answered:
Updated with what? Listings? I would NOT rely on Trulia for up to date listings. It can take days for new listings to appear. Depending on your market, sometimes the listings are already under contract, by the time they show up here on Trulia.

The BEST way to search for real estate is to have a REALTOR working for you as a Buyer's Agent. He/she can set up a customized search in your local MLS, which will automatically email you listings as they come on the market. Not sure how your system works, but with ours, I can set it up so it searches several times a day. Some systems only search overnight.

In Colorado inventory is so low that we are in a seller's market right now. Properties are going under contract after only a few days on the market. The only way for buyers to successfully find a home is to be notified the moment a property comes on the market...NOT 2-3 days later.

Talk to your REALTOR and get set up for this type of search in your MLS.

Good luck!
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0 votes 6 answers Share Flag
Wed Apr 25, 2012
Stacy Stahl answered:
There are a variety of rentals available in the Key West area. Many companies offer nightly vacation rentals, monthly or seasonal rentals, and long term (6+ month) rentals. The most important thing to do is research and make sure you are dealing with a reputable company that is well versed in the rental market.

Stacy Stahl
Broker Associate
Realty Executives Florida Keys
507B South Street
Key West, FL 33040
... more
0 votes 1 answer Share Flag
Mon Feb 6, 2012
Stacy Stahl answered:
If you call the housing authority at 305-296-5621 they can provide you a list of approved section 8 rentals. There are not many and selection is tight in the Key West area.
0 votes 1 answer Share Flag
Mon Oct 29, 2012
Kelly Kline answered:
Hi Tim,

Please see this link:,6,1

I believe this is the home you are inquiring about. Please let me know if there is more information that I can provide you.

Thank you,
"Keys Kelly"
Kelly Klinw, REALTOR®
Coldwell Banker Schmitt RE Co.
305-394-5981 CELL
... more
0 votes 7 answers Share Flag
Thu Apr 19, 2012
Steve Eid answered:
Steve Eid
Sellstate Island Properties
1101 Simonton Street
Key West, FL 33040
305-304-7275 I can help you. ... more
0 votes 6 answers Share Flag
Wed Jun 6, 2012
Phil Rotondo answered:
The ability to work with the client instead of for the client.
0 votes 4 answers Share Flag
Thu Jul 12, 2012
Linda S. Cefalu answered:
Take the yearly property tax and divide by 12. This will give you the monthly amount. Keep in mind that the taxes may increase after purchase, so plan for that in your budget.

Insurance is different for everyone. Check with your local trusted insurance agent and have them give you an approximate quote for the year and again divide that by 12.

Also, do not forget about PMI. If you aren't putting down 20%, you may be responsible for that as well. And this is different from state to state and is based on your debt to income ratio, credit scores et cetera, but a qualified lender should be able to give you an approximate cost.
... more
0 votes 7 answers Share Flag
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