Lenders can foreclose Florida Keys homes for other reasons, but the most common reason lenders file a notice of default is when a borrower is at least two payments behind.
If the Fl Keys home owner does not bring the loan current, the lender will take the property away from the owner. In the final step of the foreclosure process, the lender tries to auction the property at a public sale.
Not all Florida Keys foreclosures that fall into foreclosure go to public sale because owners have the right to make up back payments up to a point, the time which varies from state to state. Also the property can be bought in pre-foreclosure during the short sale process.
Real estate investors and home buyers see profit in buying foreclosures because they can often buy the property for the amount owed, picking up the home owner's equity for free.
Unlike a foreclosure, investors typically buy the home for even less because investors are not paying off the existing loan nor making up the back payments. Investors are striking a deal with the existing lender to take less than what the lender has coming to avoid dealing with a foreclosure.
It's a myth that lenders are not going to make a deal with an investor unless the seller has fallen behind on the seller's obligation to make timely mortgage payments. Sellers don't need to be in default for a short sale to occur. For a buyer who wants to occupy the home, buying a Florida Keys short sale makes financial sense.
Buying a Florida Keys REO is similar to buying a Florida Keys short sale except the property is already owned by the lender. The property was acquired by the lender through a foreclosure action. Often lenders will sell repossessed homes for less than the past loan balance. Bank-owned properties are called REOs, meaning real estate owned by the lender. Banks end up owning the property when nobody at the public auction bid enough to cover the amount owed against the property. Florida Keys REO homes are often considered the best way to buy a distressed property because the seller is already out of the picture. It's just the Florida Keys investor, the investor's agent, the bank and the real estate agent who are negotiating the transaction. Some Florida Keys Bank Owned REOs can be purchased directly from the lender although it is highly recommended to buy any real estate property through a Florida Keys real estate agent to protect the buyers interest and negotiate the best possible price.
This concrete waterfront home situated on a large lot offers an open floor plan, high ceiling and a spacious kitchen with granite counter top and stainless steel appliances. Two invited guest bedrooms and a third floor private master suite with covered porch. The ground level features a recreation room with sliding glass door opening onto the glimmering swimming pool with waterfront custom tiki hut. Nicely landscaped yard with premium 75 concrete dock with boat lift and a wide deepwater canal with direct ocean access.seller finance possible Florida Keys Real Estate and Homes For Sale.
Exclusive Privacy and serenity envelopes you from this bay front estate with over over 1 acre of property that runs from the highway to the bay. Entering the property you will wind your way through the shady hardwood hammock serpentine drive to the landing of this David Harum designed beachfront Key West inspired home, with a rare private white sand beach . This two bedroom 2 bath home has soaring ceilings and an additional 13x13 loft with vistas of the main living level. The kitchen boasts solid wood cabinetry , granite counter-tops, stainless appliances and a sit up bar. A boaters dream ,there is an imposing 168 foot dock with an observation deck, two swimming platforms and dolphin poles to moor a vessel with a 11 beam. SR zoning allows for legal weekly vacation rentals Florida Keys Real Estate and Homes For Sale.
Feel the Ocean breeze in this Oceanside concrete home with concrete roof in secluded neighborhood featuring superior dockage for yachts and sailboats with direct ocean access. Beautiful outdoor kitchen and bath, 2/1 up & separate 2/1 down includes furnishings. Ample storage areas, paved and well maintained. Just bring your toothbrush and your boats, this great location is just minutes to world class fishing and diving. On wide canal with boat lift. Florida Keys Real Estate and Homes For Sale.
Prestigious Port Largo homeCalling all BIG boaters, 3 story Substantial Island home in Port Largo greets you with its grand entrance, stairwell and soaring ceilings. 75 feet of deep water dockage and direct ocean access within mere minutes. Gated entry, brick paver driveway and concrete wall for fencing, adds to the grandeur of this home. Outdoor kitchen for dockside entertaining. As beautiful as the stairwell is, no need to take the stairs with an elevator to access all three levels. The bedrooms are all spacious with emphasis on the extra large master suite over looking the ocean. New kitchen with all the bells and whistles that a chef would enjoy. Extra large laundry room. Sought after concrete roof with a rooftop deck to enjoy the views.. Florida Keys Real Estate and Homes For Sale.
ISLAMORADA BEACHFRONT OASIS! Enjoy a natural sandy beach right outside your front door on sought after Sunset Drive on Lower Matecumbe Key. Listen to ocean waves wash up on your shoreline & lull you to sleep every night. Remodeled 4B/3B residence with great attention to detail, gourmet kitchen, separate dining area, living room with fireplace, vaulted ceilings, guest bedroom wing on main level, interior stairs encased in brazilian wood leading to 3rd level private master suite overlooking the Atlantic. Panoramic open water views from all 3 levels makes you feel as if you live on top of the water! A relaxing, elegant, turnkey home offered fully furnished for added convenience. Protected dockage on canal front outparcel. Permits applied for docking a larger vessel via boat slip @ dock. Florida Keys Real Estate and Homes For Sale.
2008 Custom built home, with stunning bay front views. Easy boating access to the ocean side via Tavernier creek. Functional cut in boat ramp, with 40 ft of deep dockage. This 4 bedroom 3 bath concrete home with concrete roof offers an interior elevator, recessed ceilings, plantation shutters throughout, crown molding, impact windows and doors. This home is fenced for privacy with paver driveway. Enjoy all this in popular Hammer Point! Great location near restaurants, movie theatre, grocery store, hospital and more. Florida Keys Real Estate and Homes For Sale.
Port Largo home Plus - This 5 bedroom Port Largo home has the plus of a new IPE dock, tasteful, expensive, and beautiful Brazilian walnut. You can choose your look, oiled or natural for this attractive dock and decking addition to your yard. Deep water dockage and ease of ocean access is the reason many fisherman, divers and big boat owners, gravitate to Port Largo. Enjoy all the amenities of a community park with tennis courts, walking trails and aquatic amenities. The home is truly inviting with living area open to the dining area and kitchen, very beachy feel and great place to entertain. Plenty of bedrooms for guests too. Another plus, owner put on a new metal roof which enhances the look and integrity of this home. Florida Keys Real Estate and Homes For Sale.
Upon walking through the artist-designed custom copper front door its obvious that the finishes and features of this property were done to a gold standard. The timeless and classic travertine marble floors throughout give the homes modern architecture a luxurious feel. The breathtaking views center on the coveted Florida Bay, and sweep 180 degrees to Key West. Setting a new benchmark for luxury in bayfront real estate, 31 North Bounty Lane showcases meticulous craftsmanship. The Neff-designed kitchen, while sophisticated and functional, is equipped with high-end Thermador appliances including an induction glass cooktop, double refrigerator, wine chiller, and double oven. Other features include a glass tile backsplash, exquisite green pebble granite, and a walk-in pantry. Florida Keys Real Estate and Homes For Sale.
Living is easy in this 3,200 sq. ft., CANAL-FRONT home with bay & ocean access. Cozy up to this BRAND-NEW custom built 4/3.5 concrete home in the heart of Plantation Key.Entertaining spaces flow out from the upstairs great room, a gourmet kitchen equipped with top of the line appliances, quartz counter-tops and custom-built cabinetry. Enjoy the serene master suite with a spacious walk-in closet, large shower, his & her sinks and a vanity. Completing the upstairs, you will find two additional guest rooms connected by a full bath, half-bath close to the living area and a large laundry room doubling as an office area. The downstairs level houses a wet-bar, living area, guest suite and full bath which are steps away from the outdoor living space, synthetic grass, lounge pool and 70 of dock. Florida Keys Real Estate and Homes For Sale.
Gorgeous ocean front Lower Matecumbe home. Nothing but views and natural light from this 2002 built concrete fortress. Large, natural, sandy beach with new pool and outdoor kitchen allow for entertaining options that amaze. Inside tastefully updated and well maintained with all the comforts a family could need. Plenty of storage downstairs for all your water toys and enclosed garage area for the fishing enthusiasts tackle. Wade the shallows for Bonefish or just take in the breathtaking beauty of the ocean, whatever you desire this home brings your dream of keys living to life! Freshly painted exterior and interior. New ACs 2017. Popular monthly rental and offered furnished! Florida Keys Real Estate and Homes For Sale.
Live on Florida Bay! This charming island-style 3/2 has open water views, a dock with 4-post boat lift and a sandy beach area in desirable Buccaneer Point. Just come down, relax and unwind! With new impact windows (2017), new metal roof (2015) and fresh paint, this one is ready to move in and enjoy. Located on an extra large lot, there is plenty of room to park trailers, RVs and other toys, plus theres a 2-car carport. Theres also a large storage room/workshop, fenced backyard, hot tub and new outdoor shower. Kick back on the open water view screen porch or in the large top floor master suite with bay view balcony. Offset your expenses with repeat rentals if desired. This perfect Keys retreat is only an hour from Miami. Dont miss this great opportunity! Florida Keys Real Estate and Homes For Sale.
Florida Keys Real Estate and Homes For Sale.
Tranquility on Tarpon Bay ~ This is a rare opportunity to own almost 4 acres on the bay with 200 feet of bay frontage and a stunning residence. Enjoy entering through your own tree lined natural drive where you are greeted at the gated entry by locally quarried coral entrance columns, custom made copper sconces and brick paver driveway. The home immediately commands a presence with the artfully designed roof overhang of synthetic shake shingles designed to enhance the home further from the high pitched concrete roof, complimentary cooper sconces on the columns, double impact entry doors and sweeping stairwell. The newly designed interior will not disappoint with the cathedral styled high ceilings, rare for a concrete roof, and a one of kind sculpted mangrove chandelier highlighted by the Florida Keys Real Estate and Homes For Sale.
Spectacular & Private Oceanfront Estate with Protected Deepwater Dockage! One of four homes in one of the most prestigious, private and secure gated communities in Islamorada. Total of 6,092 sf of enclosed space; 3,692 sf of air-conditioned living area on the second and third floors, plus a 400 sf screened porch adjacent to the great room/kitchen for outdoor dining. On the ground floor, a 1,000 sf air-conditioned pool/game/family room with hurricane glass sliders to the pool deck for entertaining and a 1,000 sf three car garage with a work shop area. Florida Keys Real Estate and Homes For Sale.
Best value in Port Largo at $305 per square foot (less than what it would cost to build). Some people look for a beautiful place, others make a place beautiful, heres your chance! Located in Port Largo, this is a diamond in the rough...with great bones. This home offers the perfect canvas for your personal updates. Boasting over 3,800 sq ft, a great floor plan, 5 bedrooms, pool , privacy gates and 75 ft of deep water dockage, this property has all the essentials for a great investment and ultimately a perfect keys retreat. Florida Keys Real Estate and Homes For Sale.
Stunning waterfront home barely used and offered furnished ready for immediate enjoyment! Three story concrete home, metal roof, impact windows/doors, double carport, interior staircase, four ensuites, expansive porches, open living, granite counters, travertine floors, custom kitchen, laundry room, so much more. Everything in impeccable condition in this bright and open residence. 65 feet of waterfront with 40ft concrete dock, ready for boat lift. Deep water access, excellent for large boats. Enjoy the ammenities of the Port Antigua sugar sand beach and boat ramp. Florida Keys Real Estate and Homes For Sale.
OCEAN VIEWS! CBS Home with Concrete Roof, Impact Windows & Doors. Cut in boat slip 22 X 36. Third lot in from Ocean. Granite & Quartz kitchen w white cabinetry. Spacious living areas. Each Bedroom has its own Bathroom. 2Bd/2Ba each floor with inside stairway and separate entrances to each floor. Can be used for a large family or 2 families. Ground level storage room. Direct Ocean access canal at MM 100 location. Florida Keys Real Estate and Homes For Sale.
Introducing Manatee Pass The ultimate in modern luxury designed and built by prominent locally acclaimed interior designer. Superbly finished with only the finest materials, every element enhances the next on this priceless masterpiece. Ideally situated along 110 of waterfront leading to one of Islamoradas favorite bays. The second and third floors combine for the main living area which leads to the all-encompassing rooftop deck. The first floor offers a separate living quarters for guests. Full outdoor kitchen alongside the state-of-the-art pool that features complete perimeter overflow and smart phone automation. The stage is set for a show-stopping Keys lifestyle. Photos do not do this home justice, and words fall short, so make it a priority to see it before its too late. Florida Keys Real Estate and Homes For Sale.
9-26-19 REDUCED $100,000...This is the perfect home for an extended family with a total of 5 bedrooms and 4 baths with 100 of dockage located in Islamoradas premier neighborhood of Venetian Shores. The main level features an inside foyer and staircase, vaulted living room that opens to a private balcony, updated granite & s.s. kitchen, 3 BRs, 2 BAs (2 Guest BRs plus Mstr Suite - split floorplan - updated baths), and a large terrace with outdoor kitchen + 10 person spa! Theres also a 3rd level loft/family room. Downstairs are 2 Guest Apartments - legally permitted and above flood, 2 car garage, storage room, and a large covered area perfect for games, dining, whatever you dream of! Room for your & your friends boats and minutes to the ocean or bay via Snake Creek. Florida Keys Real Estate and Homes For Sale.
Florida Keys Real Estate and Homes For Sale.
Light & bright unique beachy style creates a fun & inviting 3 story home. A must see makeover offering calming coastal atmosphere perfect for kicking back & relaxing. Offering a bedroom and bath on each floor for a total of 3 bedrooms, 3 baths. Entertaining is easy with new wet-bar with quartz counters & tile floors on 1st floor leading to large tiki. Porch off main level with new kitchen has granite & stainless steel appliances. Gorgeous travertine tile floors & showers. Roof top balcony off the private master bedroom. 75 of dock, 15k lb boat lift & davits on deep direct ocean access. All concrete house including concrete roof, impact resistant windows & doors. Garage &, plenty of parking, room to add pool, store an RV and so much more. Privacy wall on each side. Florida Keys Real Estate and Homes For Sale.
Luxurious & fully furnished. Beautifully appointed, turn key. Immaculate, pristine & a rare find in the newest 5/Marlin building overlooking the Atlantic Ocean. This sprawling 4/3 condo overlooking the ocean with spectacular sunrise and landscape views is rarely available in the magnificient, Mariners Club in Key Largo, Florida! Resort style, luxury amenities with an on site clubhouse, and conference center. Gorgeous, open concept with marble floors and high end finishes. Pickle ball, fitness center, beach and BBQ area as well as pet friendly. Only 118 homes, small and exclusive. This large family condo is a must see! Easy to show. Owner/agent Florida Keys Real Estate and Homes For Sale.
Exclusive gated oceanfront condo in the heart of Islamorada. This one-story residence offers three bedrooms and two bathrooms, and is in turnkey condition. The property also has covered parking and an excellent rental history. Amenities include a sandy beach, a beautiful new pool, and a convenient location near shops, dining, the Arts District, and marinas that will book fishing and diving excursions. Florida Keys Real Estate and Homes For Sale.
Welcome to Mima Grada... your Florida Keys oceanfront dream estate with everything you desire to live the ultimate island life. Enjoy your own private boat basin with boat lift and jet ski davits, sprawling sandy beach, lagoon-style pool/spa with poolside tiki bar, private lighted tennis court, and of course expansive ocean views. This spacious beach mansion stands out as one of the most elegant on Islamoradas Millionaires Row, which is an eclectic collection of unique open water estates all with distinctive entry gates, winding driveways and lush tropical foliage. Enjoy the serenity and privacy of Mimi Grada with your immediate family or feel free to invite all your friends with plenty of room for entertaining both inside and out including two private guest suites. Must see! Florida Keys Real Estate and Homes For Sale.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors Florida Keys MLS, Inc.