Tag Archives: Key West estates

WHAT FEATURE TOPS THE LISTS OF TODAY’S KEY WEST HOME BUYERS?

Swaying palm trees, a shimmering pool, and a porch of indecision always seem to be on the gotta have it list of those dreaming of purchasing their own corner of paradise. An Old Town location, move-in ready home, and off-street parking are common requirements. One characteristic has risen to the top of our clients’ lists. A ground floor master suite has become the most desired feature of today’s Key West home buyers.

With the Florida Keys coming in with the world’s sixth highest, resort area, million-dollar-plus average home prices (per square foot)—just after Monaco, Naples, Telluride, U.S. Virgin Islands, and Jackson Hole—owning a piece of paradise is not exactly cheap. Consequently, most of our buyers have successfully reached a stage of life where they can afford to acquire their island dream home.

Most of our buying clientele are in their 50’s and 60’s. They have worked hard and have gained a level of career success; allowing them to indulge in a charming Victorian cottage, convenient oceanfront condominium, or historic Old Town estate. Middle age certainly has its perks, but it can present some physical drawbacks. The inability to easily climb stairs on the way to bed is one of the main reasons people are unable to age gracefully in their home. With the possibility of mobility issues looming down the road, a ground floor master suite is an important feature for many baby boomers, retirees, and those with older parents, family, and friends.

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When Key West’s treasured Classical Revival homes were built between 1880 and 1910, they typically had bedrooms on the second floor to catch the island’s breezes. While many of these gems have been lovingly restored and renovated over the past decades, too few projects have added ground level master suites.

The value of an easily accessible master bedroom and bath cannot be underestimated. Many of our buyers will not even look at a property that does not have a first-floor master suite—or the potential to add one.

When investing in Key West real estate, you can’t go wrong if you fall in love with a home showcasing a ground floor master suite, or in choosing to include one in your renovation design. You will command a higher price, and find the right buyer in nothing flat, when the time comes to sell your property.

—Dean & Keith Townsend, The Townsend Team

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1410 Reynolds Street, Key West, FL 33040—SOLD $1,670,000.

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Stroll two short blocks from the Waldorf Astoria’s historic Casa Marina Resort—the final jewel in famed railroad tycoon Henry Flagler’s crown—and you will discover another shining Key West gem. The stunning property at 1410 Reynolds Street is not to be missed. Style and sophistication abounds in this exceptional, 3 bedroom/2.5 bath residence. Beautifully renovated and exquisitely furnished, this 2,262 square foot, single story home is being offered for sale turnkey (excluding the artwork). We could not be more delighted to be marketing and selling this unforgettable new listing.

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Expansive and inviting open plan living, dining, and media areas showcase Brazilian cherry floors, vaulted ceilings, and walls of sliding glass doors and casement windows. Elegantly appointed with designer furnishings, the space is ideal for entertaining friends and family.

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Featuring Viking and Bosch stainless appliances, custom cherry cabinets, and gorgeous cork flooring, the spacious kitchen is a chef’s dream come true.

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Two tastefully designed and generous guest rooms welcome visitors with grace.

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The glorious master suite opens to the garden and features a sunny sitting room retreat.

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With double vessel sinks, tranquil soaking tub, and spectacular glass shower, the spa-inspired master bath is unforgettable.

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Completely walled for privacy, the mature tropical garden sports a custom flagstone patio and sparkling free form pool. Off-street parking for two cars, metal roof, hurricane shutters, and X Flood Zone placement heighten the property’s appeal. Ideally located three blocks from Higgs Beach and a short stroll from Upper Duval Street, the property is close to all the best of Key West island life.

—Keith & Dean

Click here to enjoy a wonderful virtual tour of this stylish and sophisticated Casa Marina home.

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824 Thomas Street, Key West, FL—SOLD $924,500.

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If you have dreamed of finding a historic barn, firehouse, or church and turning it into a one-of-a-kind showplace—or lost a Sunday afternoon captivated by amazing home conversions on HGTV—then our new listing at 824 Thomas Street, in Key West’s historic Bahama Village, is your dream come true.

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dmre-824thomas-3173Erected by former slaves in 1867, the Zion Primitive Baptist Church was rebuilt in 1911. The African American congregation closed its doors in the 1970’s and the current owner converted the church to an extraordinary single-family home in 1983. Elementary architectural features attest to its ecclesiastical origins. The simple elegance of the corner steeple, prominent double-door entrance, and pointed-arch windows reflect the structure’s Carpenter Gothic style.

Being offered for sale for the first time in 33 years, 824 Thomas Street presents a once-in-a-lifetime opportunity to acquire a truly unique Key West property.

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Working on the project for over three decades, the craftsman owner has created an unforgettable home with 2,692 square feet of living space on a lot of 4,865 square feet. The converted church structure features two dramatic living spaces: a 2 bedroom/1 bath main living area and a 1 bedroom/1 bath Mother-in-Law suite/artist’s studio. A charming 1 bedroom/1 bath guest cottage and a spacious storage shed can be found in the tropical backyard garden. Generous off-street parking and a prized X Flood Zone location add to the property’s substantial charms.

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dmre-824thomas-3154The main living area offers striking spaces rarely seen in Key West. Soaring to 27 feet at its peak, the great room’s beamed ceiling is breathtaking. Original Romanesque arches and unique craftsman features demand one’s eye at every turn. With outstanding flow from the great room to the massive kitchen space and out to the garden, the home is ideal for entertaining. A cozy guestroom, full bath, and large laundry complete the first floor. Looking over both the great room and the backyard, a grand master bedroom dominates the second story.

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A lofty, 1 bedroom/1 bath, Mother-in-Law suite has been created in the front of the converted church structure. Architectural Fir wood beams add to the drama of the space’s 27’ ceiling. A roomy loft bedroom—with skylights—looks out over open plan living below. The towering space calls out for an artist to take up residence.

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dmre-824thomas-3166A secret garden can be found at the back of the property. Overlooking the mature tropical garden, a historic, 1 bedroom/1 bath, guest cottage offers visitors a charming private retreat. The deep lot is beautifully landscaped with rare palms and features a grand old Sapodilla tree. With a generous storage shed, privacy, and room for a sparkling pool, the backyard garden is a rare gem in the Key West Historic District.

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Nothing less than a Bahama Village Neighborhood landmark, 824 Thomas Street is routinely photographed, sketched, and painted by visitors and artists from around the world. Iconic Key West restaurant, Blue Heaven, can be found on the corner, the Ernest Hemingway Home and Museum sits a block away, and you are just a two-block stroll to all the best of world famous Duval Street.

Since we first toured this incomparable home, we have not stopped daydreaming about what we would do to make it our own. We wish we were buying this wondrous corner of paradise.

—Keith & Dean

Click here to enjoy of virtual tour of this truly one-of-a-kind Key West home.

Photo taken by the Property Appraiser's office c1965; 824 Thomas St.; built 1920's; Zion Primitive Baptist Church; Tract 3, Sqr 2, Sub 5

Photo taken by the Property Appraiser’s office c1965; 824 Thomas St.; built 1920’s; Zion Primitive Baptist Church; Tract 3, Sqr 2, Sub 5

A POCKET LISTING TO LOVE—OFF THE MARKET

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618 Catholic Lane & 1022 Roberts Lane, Key West, FL 33040—$2,400,000.

A 3 Bedroom/3.5 Bath Compound with 1,908 Sq. Ft. of Living Space on a 5,489 Sq. Ft. Lot

Tucked away at the end of two tranquil Old Town lanes, the combined properties of 618 Catholic Lane and 1022 Roberts Lane offer a private and secluded sanctuary to love. Not to be seen on the Key West Association of REALTORS® MLS, Realtor.com, or Zillow.com, this beautiful Key West compound is quietly being offered for sale for the first time.

A charming single story, 2 bedroom/2 bath, 1,200 square foot main house smiles across a gorgeous tropical garden to an unforgettable one level, 1 bedroom/1.5 bath, 708 square foot guest cottage. With inviting covered outdoor space, a sparkling pool, and generous room for alfresco entertaining, the compound offers the best of island living.

When it comes to Key West properties, there are special properties and there are once in a lifetime opportunities. This remarkable refuge is a rare gem in the heart of Old Town. It is not to be missed.

—Keith & Dean

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The Top 10 Features Key West Buyers Are Looking For In Their Dream Home

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Countless people fantasize about owning a home in Key West. Each year, hundreds of lucky dreamers descend on our island looking for the perfect Victorian cottage, seaside condominium, or tropical estate. The best thing about our job, is helping our clients find the Key West home of their dreams.

With sixteen years of combined experience selling Key West real estate, we pretty much know what people desire in their dream home. We’ve compiled a list of the top ten home features that Key West buyers are looking for. What are your Top 10?

—Keith & Dean

The Top 10 Features Key West Buyers Are Looking For In Their Dream Home

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10. Old Town Location
It is no wonder that the Key West neighborhood that tops the list of home buyers is our beautiful, historic Old Town. Amid picturesque Victorian era streets and a lifestyle lived visiting on front porches or strolling to dinner at favorite neighborhood eateries, Old Town is the authentic version of classic small town America that the New Urbanism movement has been recreating across the country for decades.

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9. Palm Trees
Key West buyers simply can’t imagine purchasing a home without palm trees in the yard. With a subtropical climate offering an eternal growing season, and over 2,500 species of palms to choose from, palm trees abound in our island’s gardens.

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8. Covered Outdoor Space
The sun in Key West is intense. Dreams of enjoying a cool tropical drink in the shade of a lazy veranda, live in many a heart and mind. Having covered outdoor space undoubtedly adds to sweetness of island living.

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7. Off-Street Parking
Although they will likely find themselves walking and biking most of the time, buyers are looking for a home with a parking spot for their vehicle. In our historic neighborhoods that were densely built before the introduction of cars, off-street parking can be elusive.

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6. High & Dry
With images of the flooding caused by 2005’s Hurricane Wilma lingering in the minds of many buyers, the desire for homes that did not take on water during the storm, is strong. A flood zone “X” certification eliminates most lenders’ requirement for flood insurance. Luckily, the majority of Old Town sits high and dry.

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5. Move-In Ready
There will always be those looking for a cigar maker’s cottage to renovate, or a neglected Classical Revival mansion to restore, but most buyers are in search of their move-in ready corner of paradise. With many properties being sold turnkey, it is possible to find a home where you can move in with just your toothbrush.

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4. Indoor/Outdoor Living
With an abundance of great weather to enjoy, our buyers want to be able to open their windows and doors and live a lifestyle that flows seamlessly from the indoors to the outdoors—especially if they have just endured a Chicago winter.

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3. First Floor Master Suite
Let’s face it, Key West is not an inexpensive place to live. Most of our buyers have reached a stage in life where they can afford to buy their dream home in paradise. With the possibility of mobility issues looming down the road, a first floor master suite is an important feature for many baby boomers, retirees, and those with elderly parents.

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2. Front Porch
What is more quintessentially Key West than kicking back on an old fashioned front porch and watching the world stroll by?

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★1. Pool
A pool and Key West go together like rum and Ernest Hemingway. Is it any wonder that having a pool tops the list of the features our buyers are looking for in their dream home?

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