The year is coming to an end

I hope you all had happy Holidays with your loved ones around!
As difficult as it is to get into the Christmas spirit when the sun is shining and people are laying by the Pool, as beautiful is the wintertime in the Florida Keys.
Before I lived in the Keys I resided on Anna Maria Island which is close to Sarasota but even there it would get a little chilly in the wintertime.

I'll keep this short as I am heading to my office.

These are all new listings since my last post:
Click'>http://www.flexmls.com/cgi-bin/view.cgi?20071227170101114371000000&s=6&id=1">Click

These are all properties that have gone under contract:
Click'>http://www.flexmls.com/cgi-bin/view.cgi?20071227170315403041000000&s=6&id=1">Click

and these properties closed:
Click'>http://www.flexmls.com/cgi-bin/view.cgi?20071227170429032773000000&s=6&id=1">Click

I wish you all a great end of the year!

Nine under contract within the first month!

A little while ago I told you about 'Fractionals' in particular about Fishermans Cove (To jump to that entry: http://veepka.blogspot.com/2007/10/what-is-fractional-ownership.html )

I just received the information that nine units are under contract. The first eight units were sold for 299K; the price is now 329K and will be raised again when the next eight units are sold.

I am not surprised that the sales at Fishermans are going well; the concept truly makes sense and the units would appeal to the most discriminating buyer. For those of you who know me: you are well aware that I am familiar with every condo development in the upper Keys and in my opinion Fishermans Cove units surpass every other condo. At 2400 SF the units are larger than any other condo and the 10ft high ceilings add to a 'home feeling' ;the views from every unit can only be described as breathtaking.

Check out the interior:

As an owner you are entitled to services that again succeed any other condo complex:

Upon arrival you can call in the groceries you would like to have stocked, you have the use of a 26ft boat with no additional cost, 'room' service is available as well as poolside service and much more!

I cannot think of a better proof that this is a good value than nine of the units already being under contract!

If you would like more info on Fishermans Cove or a tour of the property, please contact me. You will be impressed!

Canalfront homes starting at 559K!

Needless to say that waterfront homes are the best investment on an island; after all that is the main attarction: The water and the accessebility!
Two/three years ago it was hard to find a canalfront home below one million in the upper Keys. With the inventory being currently so flooded there are now some good deals out there.
Check out these canalfront homes below 80oK:
Click'>http://www.flexmls.com/cgi-bin/view.cgi?20071205211619726797000000&s=6&id=1">Click

If you are somewhat familiar with the Keys you know that one of the greatest challenges is to obtain a building permit. Therefor vacant land WITH a permit comes at prime prices and is hard to find. Construction cost in the Keys for a Concrete Block house is between 250 and 400 Dollars.
That means that a 1400 Square Foot home costs between 350K and 560K. Many people opt to purchase a 'tear down' property because they can replace the house (Ergo it is sort of like buying a piece of land with a permit). When you consider these facts, it becomes clear that a canalfront home below 800K ready to occupie is a rather good buy! Please call me if you'd like any more info on any of these homes!

And here the usual updates:
These are all properties that have come on the market since my last post:
Click'>http://www.flexmls.com/cgi-bin/view.cgi?20071205213014802997000000&s=6&id=1">Click

these are all properties that have gone under contract:
Click'>http://www.flexmls.com/cgi-bin/view.cgi?20071205213225039608000000&s=6&id=1">Click

and these properties sold:
Click'>http://www.flexmls.com/cgi-bin/view.cgi?20071205213352468627000000&s=6&id=1">Click

Yes, there is more activity in the past 10 days!
Thanks for reading my blog!