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july 2020

 

Hello Clients, Family & Friends.  First off, we hope you all are healthy and safe.  A home has a new meaning to most of us. We are here on the ground in the Keys if we can help you with anything if you are away.

Please reach out to me if you would like for me to check on your home or Facetime you from that listing you've been checking out.

Berkshire Hathaway HomeServices Keys Real Estate
info@keysrealestate.com   |   305-743-7636
http://www.keysrealestate.com

 
 

HERE ARE THE NUMBERS

Deep Dive into Market Stats

We are monitoring the real estate trends closely to keep you ahead of the market and in the know.  We are #Goodtoknow.

Over the past 63 years We've been through market ups and downs.  Taking a look at the first 6 months of 2020 compared to 2019 several statistics stick out.  Supply remains relatively low and demand came back strong as predicted but still has not caught up with 2019 numbers. 

Our total active number of listings is down 11% in the Florida Keys.  On the demand side we are closely monitoring the number of properties to sell which is down 23% compared to the first half of the year of 2019.  The most interesting statistic perhaps is the average sale price in all of the Florida Keys has risen by 4%.  In Key West the average sale price broke $907,000, Marathon the average sale price was up 12% and in the Lower Keys the average sale price is hovering around $601,000.

NEWS & MEDIA

We are so proud of our Shark Key listing to be chosen
as the international cover of Prestige Magazine

This stunning Villa is located on Shark Key, a premier gated community just minutes from Key West. Professionally decorated with a coastal blend of furnishings, this home offers unparalleled craftsmanship and exceptional amenities with carefully selected high-end finishes. Blurring the boundaries between inside and out, retractable automated window treatments recess and doors disappear, turning the kitchen, wet bar, dining and living areas into an extension of the outside social spaces. This entertainment area flows seamlessly onto the beautiful lanai featuring a saltwater infinity pool and spa overlooking the sparkling blue waters of the Gulf of Mexico. The kitchen boasts custom cherry cabinetry, granite countertops, Subzero and Wolf appliances, and large island.

The main level also features a large pantry/laundry room, two full baths, two large guest rooms, pus a dedicated area for a future elevator.
On the second floor, coral sconces and towering columns bring the beauty of the Keys into the owners private sanctuary which includes the spacious master suite and office/den. Architectural details command attention in the master suite where a curved wall clad in grasscloth arcs toward the outside balcony with another set of pocketing doors and sunset views of the gulf waters. Amenities also include a whole house generator, outdoor sound system, wet bar with built in wine cabinet, ice maker and Wolf refrigerator drawers, custom cabinetry throughout, and attached 2+ car garage. This property is meticulously furnished. Furnishings are negotiable and can be purchased turnkey with exclusions. The exclusive community of Shark Key includes the use of a club house, private beach and tennis courts.

Read more..

Local news

BACK TO SCHOOL 
ONE WAY OR ANOTHER

By Mandy Miles

"Monroe County School District’s back-to-school task force is working on plans to reopen school campuses in a manner that protects staff and students while giving parents the option to continue online learning or have their kids return to campus.

The task force, which includes education and public health officials, along with parent and community representatives, is charged with the unprecedented task of safely reopening schools in the midst of the current and continuing COVID-19 pandemic."


Read more...

FEATURED PROPERTY OF THE MONTH

RENOVATE OR REDEVELOP THIS PRIME WATERFRONT LOCATION 
790 10th Street, Key Colony | Listing ID 591189

Two contiguous parcels, zoned for a single or multi-family dwelling unit, on celebrated Key Colony Beach. 150 feet of canal frontage with seawall and a very generously sized cut-in boat slip, all virtually at Shelter Bay with prompt access to ocean and gulf. Combined, this 16,500 sq. ft. tract with a preferred east facing orientation, currently holds a large storm damaged duplex on one lot. The adjacent second lot is vacant and hosts a generous boat slip. Renovate or redevelop this sizeable and prime waterfront location. Easily walk or ride all Key Colony Beach, from the marina, to restaurants, golf, post office, tennis, pickleball, playgrounds, City Hall and Sunset Park. 7-day rentals allowed.

LOCAL EVENTS

COMPETE IN FWC’S 2020 LIONFISH CHALLENGE

 

Now is the time to register for the 2020 Lionfish Challenge! The Lionfish Challenge is an incentive program that rewards harvesters for their lionfish removals. With a tiered system, everybody can be a winner. The participant who harvests the most lionfish will be crowned the Lionfish King/Queen. The Challenge is open now and will run through Labor Day (Sept. 7). Register online at FWCReefRangers.com at any time.

Read more...

 
 
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9141 Overseas Highway Marathon, FL 33050

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