Information unique to buying a home in the Florida Keys” Flood Insurance: For more information please contact me.The buying process in the Keys
As you may be aware, the environment that makes the Keys so attractive to thousands of people is a fragile environment the requires considerable attention to protect its health and beauty. This fact has created a requirement for close management of all activities that have or might have negative impact on the environment now or in the foreseeable future. The result is a number of "unique to the Keys" regulations and procedures concerning property ownership. They are provided for information purposes of broaden your understanding of what
is invalided when purchasing property in the Keys.
The buyer must determine the insurability of the property against flood damage by seeking the advice of a qualified insurance agent. Structures built before January 1, 1975 (pre-firm) are subject to rules governing substantial and non-substantial improvements to pre-firm structures which may
limit the reconstruction, rehabilitation or addition
to the pre-firm structure. Structures built after January 1, 1975 that has enclosures below the Base Flood Elevation (BFE) are typically not habitable. The existence of habitable space below the BFE may require demolition or an increase in insurance premium. Buyers should contact the Monroe County Federal Emergency Management Coordinator or the City of Key West, City of Key Colony Beach, City of Layton, City of Islamorada and City of Marathon to ascertain how these rules may impact on the
property of interest.
Cindy Kaye REALTOR®
1201 White Street #101
Key West Fl, 33040
Phone: 305-731-5000
Fax: 305 745-8575
E-mail: cindy@yourkeyshome.com
Web Page:http://www.yourkeyshome.com

Location, Location, Location! This newly renovated and beautifully landscaped three-unit single story building is on a 4,000sf lot & is located in heart of Key West's historic Old Town district. It's just 2 1/2 blocks from the world famous Duval Street, Yet is far enough away to be peaceful and serene. This property is also in the area of Key West that has the highest elevation, so there was no flooding by hurricane Wilma! All three (One 2/1 and two 1/1) units have already received condo conversion approval and can be seperated upon sale. They are currently occupied by month-to-month rental tenants. These units are available individually OR together as a 3 unit compound. Contact listing agent for the individual prices of these units!
$999,000
Cindy Kaye REALTOR®
1201 White Street #101
Key West Fl, 33040
Phone: 305-731-5000
Fax: 305 745-8575
E-mail: cindy@yourkeyshome.com
Web Page:http://www.yourkeyshome.com
Key West and the Florida Keys Cost of living
The cost of living index is based on the composite price of groceries, housing, utilities, transportation, health care, clothing and entertainment.
Cost of living indexes will generally be higher in areas that offer access to beaches, culture, arts and recreation. In addition areas, that offer a wider variety of services such as health and education will run higher due to higher wages, and increased quality of living.
Cost of living indexing explanation
A figure of 100 points is used as an average both for the USA and Florida. For example:
Boise Idaho is ranked at a 94.0
Boston Mass is rated at 127.60
San Francisco at 187.23
• Statewide, Florida cities come in from a low of 90 and up.
• One way to compare Florida areas to salary requirements
For example-If you were relocating from Portland Oregon (whose rate is 110.0) to Orlando, and you currently make $50,000 per year, the formula is as follows
• Take the destination index, in this case Orlando-94.2 and divide by Portland’s index-110, then multiply by a salary of $50,000. This will give you a figure of $42,818, which you would be required to make in Orlando and have the same quality of life.
*The Keys and Monroe county top out the state at an average Cost of Living at 160 plus. (this is due to the home prices in the Keys). We only have so much land and the area is heavily regulated as to building permits....A tropical paradise is in the same venue as any resort destination area, be it Martha's Vineyard or Sun Valley.
However compared to other areas nationally and given the amenities of the Keys, it is a great place to live, work and play.
(Population Weighted-State Average=100
2008-09 stats Source C2ER formerly accra-col index and http://www.bestplaces.net/
Boca Raton-154.74
Cape Coral-Ft Myers-99.6
Ft Lauderdale-137.0
Destin-145.61
Jacksonville metro-97.1
Big Pine Key fl-132.46
Key Largo-146.9
Key West-167.97
Marathon fl-162.06
Miami metro-137.41
Melbourne-92.72
Naples Fl-250.59
Orlando metro-101
Palm Bay-84.56
Palm Coast-Flagler-125.01
Panama City-86.35
Pensacola metro-82.0
Sarasota-107.2
Tampa 97.3
St Pete-Clearwater-95.6
Vero-Beach Indian River-122.87
West Palm Beach metro-112.05
(Population Weighted-State Average=100
See national comparisons
Cost of living (100 = nationwide average)
* New York, NY -164.50
* Long Beach, CA -135.71
* Palo Alto, CA -234.42
* Boston, MA -127.60
* Malibu, CA -492.80
* San Francisco, -187.23
* Greenwich, CT 215
* Chicago, IL -126.45
* Dallas Tx -92,94
* Atlanta Ga -112.21
For more information about cost of living go to either
Sperlings best Places http://www.bestplaces.net/
or Accra's site at http://www.coli.org/
For Utility charges
Water
• The Florida Keys Aqueduct Authority provides water for the entire Keys:
• Tavernier.....305 852-8068
• Marathon.....305 743-5409
• Lower Keys.....305 296-2454
For Electric
• The Florida Keys Electric Cooperative
• provides power for the upper Keys:
• Tavernier.....305 852-2431
• Marathon, 3421 O/S Hwy.....305 743-5344
• Key West City Electric
• provides power for the Lower Keys
• 1001 James St, Key West.....305 294-5272
Gas.
Propane is available from local dealers
Telephone Companies:
• Bell South
• Residential Services.....305 780-2500
• Business Services.....305 780-2800
BellSouth
Most homes in the Keys are on septic tanks with a few exceptions-Key West-Marathon. Garbage pickup is included in your taxes
Cindy Kaye REALTOR®
1201 White Street #101
Key West Fl, 33040
Phone: 305-731-5000
Fax: 305 745-8575
E-mail: cindy@yourkeyshome.com
Web Page: http://www.yourkeyshome.com
About the Florida Keys and Key West recreation
Miles of oceanfront and Gulf front access await you in the Keys.
Recreational opportunities in the outdoors are the most important assets of the Keys.
The fishing and boating here is incredible-both in the Ocean and the back-country (the Gulf). There is something
to catch year round and our weather lets you do it. If you like the water, this is the place
Recreational Opportunities:
• 47 Marinas
• 13 Parks,
• 3 Golf Courses
• 10 Campgrounds and recreational vehicle parks
• 13 public Tennis Courts
• 18 Boat Ramps
•
• To see a complete list of parks and recreational opportunities see
• the sites below
Things to do outdoors:
• Fishing-saltwater, freshwater-Ocean, lakes and the Everglades
• Boating-Ocean, Gulf or Bay
• Diving
• Hiking
• Tennis
• Bike riding
• Birding
• Photography and Wildlife watching
• Kayaking—canoes-there are good rental locations and lots of places to launch.
• Air boating into the Everglades
• Windsurfing the flats
Other places to visit.
• Audubon House- original Audubon engravings (not Audubon's residence)
• Conch Tour Train-
• Curry Mansion Inn - 305 294-5349 511 Caroline Street, Key West FL 33040
• Ernest Hemingway Home & Museum - 305 294-1136, 907 Whitehead St., Key West FL
• Flagler's Station Historeum®-901 Caroline St., 1-305-295-3562.
• Haitian Art Co. - 305 296-8932, 600 Francis St., Key West FL 33040
• Heritage House Museum - 305 296-3573, 410 Caroline Street, Key West FL 33040
• Historic Seaport at Key West Bight.
• Key West Aquarium - 1 Whitehead St., Mallory Market
• Key West East Martello Museum - 305 296-3913, 3501 S. Roosevelt Blvd.
• Key West Lighthouse Museum - 305 294-0012, 938 Whitehead Street
• Key West Museum of Art & History - 305 295-6616
• Custom House - 281 Front Street, Key West FL 33040
• Key West Shipwreck Historeum - 305 292-8990, 1 Whitehead Street
• Little White House Museum - 305 294-9911
• Wrecker's Museum - 322 Duval St., 294-9502. Built in 1829. This is Key West's oldest house.
Pro Sports
• A 2-3 hour drive to Miami:
• Florida Marlins
• 2269 Dan Marino Blvd, Pro Player Stadium, Miami Gardens, FL 33056 · 305-626-7400
• Miami Dolphins
• 2269 Dan Marino Blvd, Pro Player Stadium, Miami Gardens, FL 33056 · 305-620-2578
• Miami Heat
• 601 Biscayne Blvd, American Airlines Arena, Miami, FL 33132-1801 · 786-777-432
Cindy Kaye REALTOR®
1201 White Street #101
Key West Fl, 33040
Phone: 305-731-5000
Fax: 305 745-8575
E-mail: cindy@yourkeyshome.com
Web Page: http://www.yourkeyshome.com
Cindy Kaye REALTOR®
1201 White Street #101
Key West Fl, 33040
Phone: 305-731-5000
Fax: 305 745-8575
E-mail: cindy@yourkeyshome.com
Web Page: http://www.yourkeyshome.com
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved