Hello Clients, Family & Friends!  I'm excited to bring you our December Keys Real Estate eNewsletter.  This month we're bringing you:

• The most accurate and updated market statistics by neighborhood and Key
• Is It Time To Buy a Vacation Home?
• Good to Know – Stock Island
• Featured Event
• Our Featured Listing
• Calendar of Events

We're working hard to keep you updated and ahead of the market.  We always strive to be your #ForeverAgent with the Forever Brand of Berkshire Hathaway.  I'd love to hear from you, we're always your "boots on the ground" if we can help with anything.

We want to keep you informed about our ever changing real estate market.  In the Keys supply remains low and demand remains strong leading to steady and reasonable growth in our real estate market. 

For the most accurate statistics and trends for each Key, and Key West neighborhood click on the image ---->  to be taken to our website where you can view and print the year over year comparisons. 

"You may be feeling fairly flush these days, with a bigger salary, job security, appreciating homestead and other wise investments. Now might be the right time for you to buy a vacation home.

According to the 2019 U.S. Vacation Home Counties Report compiled by the National Association of REALTORS, the median price of vacation homes between 2013 and 2018 appreciated 36% compared to existing and new homes at 31%.

Like many vacation home buyers, you may be thinking of a great family getaway, but you can also use a second home as an additional way to build equity. You can lease it for income, and then use the property as your primary residence upon retirement.

Banks have stiffer qualifying requirements and charge higher mortgage rates for non-primary homes. Federal tax laws allow you to deduct interest for both a primary and second home up to $750,000 for married couples and $375,000 for singles, as well as local property tax amounts paid. However, you only have one homestead that qualifies for the owner/occupant tax rate from your local taxing authority." - Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices Keys Real Estate | Knight & Gardner Realty

Key West Golf Course & Stock Island Consistent inventory and solid demand remains the theme of the Key West Golf Course along with consistent growth and change in Stock Island.

Stock Island includes the Key West Golf Club, the Botanical Gardens, Sunset Marina, the Lower Keys Medical Center and the College of the Florida Keys which hosts the Tennessee Williams Fine Arts Center. The South side is overseen by Monroe County and stretches from Hurricane Hole Marina to Murray’s Marine on US-1 and hosts a diverse group of Real Estate including commercial industrial, restaurants marinas and housing developments. There are currently 29 Active Residential Properties on the market in all of Stock Island ranging from a $199,000 single wide trailer to a beautiful 3 bed/2 bath beach bungalow located on a 100 plus foot wide canal with 80 feet of seawall listed by Berkshire Hathaway for $1,150,000. On the commercial side, we have many different opportunities from a 625 dollar a month office up to a major marina and just about everything in between including two major storage warehouses. Stock Island has seen tremendous growth over the last few years.

No matter what happens in the market, we will monitor the housing trends closely so you can stay on top of the market and be in the know: That’s GOOD TO KNOW. We’ve been matching people in places for over 6 decades in the Florida Keys.

FREE EVENTS!

The I ❤ Stock Island Festival is live music performances at diverse venues; family-friendly activities, historic walks; artist tours highlighting eclectic work spaces, shops and studios; foodie events including a Cuban pig roast; excursions on the ocean; leisurely bike rides around our island; exploration of our marinas & boats with sailing and harbor tours; food & wine, beer & rum pairings; an old fashioned shrimp boil daily happy hours and much more offering an immersive and authentic ‘old Key West’ experience.

 

FOR MORE INFORMATION VISIT WWW.ILOVESTOCKISLAND.ORG or select the image above!

This incredibly private estate located in the Casa Marina boasts 4 bedrooms, 4.2 baths with soaring ceilings, impact windows and doors and Hardie siding. This beautiful compound rests on and expansive 10,132 sq. ft. lot in the much desired X flood zone, filled with easily maintained native gardens. There are 3 main dwellings, one main house and 2 detached cottages, all connected by beautifully designed covered verandas. The covered outdoor living area is a perfect space to relax and enjoy the Zenlike gardens with meandering paths that lead to a modern, heated, salt water pool with water feature. The rare 2 car garage has plenty of room for all your treasures. The main structure is CAT 5 rated, new construction with an open concept living/dining room with expansive views of the landscape

Chef's kitchen features both Viking and Sub Zero appliances and a large island with seating for 6. Custom crafted distressed oak flooring handmade in Michigan complement the 1x12 wood walls. Main home includes living room, dining, kitchen, den, half bath and guest room with full bath. There are 3 more large bedrooms, all which could be masters, one with kitchenette. This home is a must see and priced perfectly. A great choice for entertainers or tranquility seekers.

SELECT IMAGE ABOVE FOR ADDITIONAL INFORMATION ^^^ 

12/1 | Schooner Wharf Annual Tree Trimming and Toy Drive

12/1 | Locals Day at Key West Botanical Gardens

12/2 | Lighting of the Holiday Tree | 6:00p.m. Bayview Park

12/4 | Key West Lighted Bike Ride Bayview Park

12/6 | Key West Historic Inns Holiday Tours

12/7 | Key West Triathlon - Higgs Beach

12/7 | Key West Holiday Parade | 7:00 p.m.

12/9 | Pet photos w/ the Grinch @ our BPK Office!

12/13-15 | I love Stock Island Festival

12/13 | I love Stock Island Lighted Boat Parade

12/14 | Parade of Paws and Holiday Bazzar for the FLKSPCA | 10-2 Higgs Beach

12/14 | 12^th Annual Rudolph Red Nose Run

12/14 | 29th Annual Schooner Wharf Lighted Boat Parade

12/15 | Parade of Homes – Mega Open House Event!

12/18 | Holiday Concert & Bazaar | Custom House - 5pm

12/24 | Noche Buena- Christmas Eve Feast- The Oldest House & Museum

12/25 | Merry Christmas

12/31 | Key West Dachshund Walk | 12pm

12/31 | Key West New Year’s Eve Celebrations Conch Shell Drop at Sloppy & the Red High Heel with Drag Queen Drop at Bourbon St Pub