About Key West's Mid Town East

No Money Down Rural Housing USDA Loans in Monroe County Florida are back and fully funded. The new sub-prime loans of today are the government backed or sponsored loans. The FHA Loan is one we are all familiar with but how many of you know about the USDA Rural Housing Loan.

Here's how it works

100% financing on homes located in certain geographical area's with borrower's who are in certain income ranges.

That's it!

Use this link to see if the property qualifies by falling into one of the designated geographical area's

http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

Remember when income qualifying to use the income of the ENTIRE family.

Seller can pay up to 6% of buyers closing cost

The 3.5% Guarantee Fee is included (Financed) in with the loan amount

100% of borrowers cash to close can come from a gift.

Must have a minimum credit score of 640.

USDA Loans are Assumable

No Manufatured Homes

For a list of Income limits by Region go to:

http://www.rurdev.usda.gov/HSF-Guar_Income_Limits.html

Just listed 2327 Harris Avenue in the midtown area of Key West. I don't do many listings, but when I do, I sell them. Usually quickly. We shall see if this APPROVED SHORT SALE is an easy sale.

2327 Harris Avenue was constructed in 1979 and has 1920 sq ft of living space on two floors. The houses sits on a nice 4758 sq ft corner lot at Harris Avenue and Sixth Street. Click on the MAP. The yard is framed with a nice white picket fence in the front and a higher privacy fence on the sides and rear. There is a beautiful 30' x 12' free form pool surrounded by slate tile deck. The front, side and rear yards are nicely landscaped with a variety of tropical foliage.

The house has three normal sized bedrooms on the second floor plus a large master bedroom with en-suite bath (Jacuzzi included). French doors open off the master bedroom to a second floor front balcony that wraps around the house.

The main level has an inviting entry that opens into the large combined great room with adjacent dining and kitchen. There are two sets of French doors at the rear that beckon yo out to the covered patio and the inviting pool. There is a built-in grill off to the side and a hot tub.

CLICK HERE to read the mls data sheet and if you follow me on TWITTER you can see more exterior and interior photos.

Better yet, please call me to schedule a showing of this family home that is priced to sell at $345,000. Remember that bank has approved the sale at $345,000. Don't delay. Call me, Gary Thomas, 305-766-2642. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West.

Looking for a well-priced on a duplex in Key West? If so, check out 2405-2407 Flagler Avenue which was just listed. To get some perspective you can take a look at 1907-1909 Patterson Avenue which is the closest comparable property on the market. The 2 closest comparble recent sales are 1612 Bertha Street and 1219-1217 3rd Avenue in Key West.

2405-2407 Flagler Avenue, Key West, FL 33040 (available) listing agent's details
MLS 112267
$285,000
1,479 sf home
6,047 sf lot
4/2, each side 2/1
Built in 1950
CBS

2405-2407 Flagler Avenue, Key West, FL 33040 (available)

For some perspective, 1907-1909 Patterson Avenue is the most comparable property available for sale right now...

1907-1909 Patterson Avenue, Key West, FL 33040 (available) listing agent's details
MLS 111901
$339,000
1,500 sf home (little smaller)
7,000sf lot (little bigger)
4/2, each side 2/1
Built in 1950
CBS

1907-1909 Patterson Avenue, Key West, FL 33040 (available)

There are 2 good sold properties to compare these properties with.

1612 Bertha Street, Key West, FL 33040 (SOLD) listing agent's details
SOLD / MLS 110089
SOLD price $349,000, Asking price $343,000
1,533 sf home (a little bigger)
4,840 sf lot (much smaller)
4/2, each side 2/1
Built in 1968
CBS

1612 Bertha Street, Key West, FL 33040 (SOLD)

1219-1217 3rd Avenue, Key West, FL 33040 listing agent's details
SOLD / MLS 111465
SOLD price $286,000, Asking price $275,500 (sold for $10,500 above asking price)
1,376 sf home (a little smaller)
7,195 sf lot (1,148 sf bigger lot)
4/2, each side 2/1
Built in 1950
CBS

1219-1217 3rd Avenue, Key West, FL 33040 (SOLD)

Maya Thomas, Realtor
Exit Realty Old Island Key West
(305) 522-1398
MyRealPro@gmail.com
www.ShowcasePortfolioProperties.com

Let me add this: it is better than that! CLICK HERE for more detailed info and lots of photos of the property.

I've shown 1322 Thompson Street twice in the past three weeks. It is one of those places that just knocks you over when you enter the property. I was stunned by the pool and gardens. And I fell in love with the simplicity of the design of the interior spaces. The living and dining areas flow into the kitchen which is a step down. That step breaks the visual continuity into two separate yet contiguous spaces. The sliding glass doors in the living room open onto the pool area and that makes outside seem to be a part of the inside.

The master bed and bath is just killer. Oh, WoW! The bath picks up on the mosaic by the pool and elevates the shower to an art statement. Unbelievable. Your friends are going to want to come and shower with you when they see this space. (That could be a good thing or very scarry, depending on your friends.) The bedroom again is very simple. The covered outside lounge just off the bedroom looks more like Bali than Mid Town Key West. What a pad! There is a separate garden on the master bedroom side of the house.

The guest cottage is located near the master suite at the back of the garden on the south side of the house at the rear of the private garden on the master suit

The asking price on 1322 Thompson Street is just $875,000 or $564 per sq ft for this 1552 sq ft home that sits on a large 5610 sq ft corner lot. Let me add that sometimes people from up north fail to understand the value of landscaping.

A yard designed and installed by Raymond Jungles is normally out of the price range for most buyers. So to be able to purchase a house with a yard he designed for himself ought to make a serious buyer really take note. The gardens are lush with specimen plantings and trees. The plants and trees are mature and beautiful.

This place is really pretty. The super chic modern interiors may not work for those with a yen for an Old Town Conch House. But if you are open to new ideas and want a really beautiful place to call your home in Key West, please call me,Gary Thomas, 305.766.2642. Let me show you this truly remarkable property.

Here is how the listing Realtor describes 1712 Laird Street: "This is a wonderful renovation of a concrete block house with high open ceilings, open floor plan and French doors that lead to a large deck and beautifully landscaped gardens. There are 2 bedrooms, 2 beautiful baths with a study that can be used as a third bedroom. Shell stone floors through out, walk-in closets and plentiful storage, central air, stainless steel appliances, beautiful hardwood counter tops and a good sized laundry room. Handsome privacy fencing, off street parking and plenty of room for a pool. This is a potential short sale that may be subject to third party approval."

You enter the property through a beautiful privacy fence into a yard filled with specimen palms and other exotic foliage. The grounds were designed by Ecoscape Landscaping. There is a sprinkler system and exterior lighting as well.

The interior is all very modern and the lines very clean. The living area is on the right side of the house and the eye is drawn to the gardens at the rear. It's as if the yard is saying "Come on outside!" The second bedroom is at front on the left side. There is a door that opens to the outside from that room. The master suite is at the rear. The bedroom has a vaulted ceiling and French doors open to the rear deck. Again, the rear yard beckons. The rear deck is sophisticated, just like the rest of the house. The house and gardens were designed. They did not just occur by happenstance. The marriage of the two makes the one so peaceful.

CLICK HERE to read more info on the house and see the photos. Better yet, please call me, Gary Thomas, 305-766-2642, to schedule an appointment to see this property. This is not your typical mid-town redo. Far from it. This house was orignally listed for sale in January 2007 at $995,000 and is now offered as a Short Sale for the asking price of $499,000 or just $333 for this 1500 sq ft house on a generous 5285 sq. ft. lot.