If it's too good to be true .........

you know how that sentence ends. If you are on my e-mail alerts or check new activity in Venetian Shores you have seen a house that was reduced in price from 1,7 Million to 795K! I called the listing agent to see what the story is: It's a short sale. Against the agent's advice the sellers insisted on a price reduction to generate activity. "The bank might take 1,2 Million but nowhere close to 800K". Yes, they CAN do that because they have a short sale addendum with the listing agreement stating that everything is contingent upon bank approval. They SHOULD not do do that because it's a TEASER price. It's misleading. Now you know the whole story.

On another note, please take a look at these great deals:



This is the view from an Ocean Harbor unit on the market for 599K. OH is a beautiful high end complex in Islamorada and 599K is a great asking price.



If you are looking for an investment, this is a unit to consider. Almost 1900 SF, built in 2000, everything top of the line and daily rentals permitted. Listed no at 365K (This INCLUDES 40K membership). The association fees are high $1800 per months but you will make up for that in rental income. This is one of the very few "Pays for itself".

Take a look at all available REO's (Bank owned) right now: Click here
They are all great deals!

If you are interested in Real Estate in the Keys please contact me at 305-393-0923 or Veepka@aol.com

Best buys

in

Condos/Townhomes: Click here

Canal Front Homes: Click here

Open water front Homes: Click here

Dry Lot Homes: Click here

If you are interested in property in the Florida Keys please contact me at Veepka@aol.com or 305-393-0923

Brand new CBS homes in Key Largo CBS REO (Bank Owned)

This is a finished 3 bedroom, 3 baths homes in Twin Lakes, Key Largo.
2085 SF living space with a beautiful large balcony and pool located on a canal close to Adam's Cut / Ocen access.
Priced at 675K.












For more info or if you are interested in this or any other property in the Keys, please contact me at 305-393-0923 or Veepka@aol.com

Sometimes a short sale is worth the wait

Here is a short sale that could be a great deal if the bank takes the asking price.
This property is located in Port Largo, THE premier water front community in Key Largo. Let's say your 'problem' is a yacht you need to dock: Port Largo and Venetian Shores are the two neighborhoods with 100ft wide canals and plenty depth.

It has 2/2 and a non conforming 1/1 downstairs and is listed at 695K.

If you are interested in this or any other property in the Keys please contact me at Veepka@aol.com or 305-393-0923

Good buys

This is a 2/2 condo in Ocean Pointe. OP has an on site rental program but you don't have to rent your unit out or use them. At
185K this is a steal. The picture is a view from this unit. Fantastic investment opportunity. Only cash buyers for this one. (Sorry)




This is a 'fun' home. CBS construction 3/2 with a huge Pool and great view over two canals. It was just reduced to 749K and is a great buy at that price.







This is a REO (Bank owned) in Venetian Shores. Venetian Shores is THE adress in Islamorada. The canals are 100FT wide and deep. Located directly on Snake Creek you have immediate access to bay and ocean. Listed at 615K a 2/2 very well kept frame home.



There are many more great deals, please contact and tell me what you are looking for. You can reach me, Veepka, at 305-393-0923 or Veepka@aol.com

September Real Estate Activity

Upper Keys

New on the market: Click here
Price reductions: Click here
Under contract: Click here
Sold: Click here

Middle and Lower Keys:

New on the market: Click here
Price reductions: Click here
Under Contract: Click here
Sold: Click here

If you are intersted in Real Estate in the Keys please contact me at 305-393-0923 or Veepka@aol.com

Get your foot in the door

A lot of people are buying now while the prices are low to 'get their foot in the door'. This is a great time to purchase Real Estate in the Keys even if you are not planning to move down here for a few years. Buy something affordable now and don't worry that you might be priced out of the market in a few years. You can rent out your property while you are not using it or use it as your vacation home. One way or another this is the right time to invest in the Keys and many investors already are.

Here are some canal front homes that are listed under 500K in the Upper Keys: Click here

Here are some Dry lot homes under 250K::
Click here

and if you are after Bank owned properties, here are all currently listed in the Upper Keys: Click here

If you are interested in Real Estate in the Florida Keys please contact me, Veepka, at 305-393-0923 or Veeepka@aol.com