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.
The perfect house! This 2013 custom home has everything you need to live your island dreams; high ceilings, ample dockage with lift, pool, 3-car garage for your toys and storage and easy breezy deep water access to both the Florida Bay and Ocean via Channel 5 bridge. Excellent, open layout offers both an upstairs and downstairs master bedroom. Florida Keys Real Estate and Homes For Sale.
Beautifully renovated 3 bedroom condominium in the Palms of Islamorada. Top floor end unit in southerly building with open ocean views. Walk to fine dining, great fishing boats, both offshore & back country, and a great diving/snorkeling operation. Large private balcony with view of Alligator Light. Unit has been converted to 2 bedroom but will be returned to 3 bedroom if Buyer desires. Florida Keys Real Estate and Homes For Sale.
This BREATH-TAKING ocean front, new construction home is nestled behind 6 ft privacy gates. Walk into an expansive, blank canvas, open concept great room & make it your own! Kitchen showcases marble waterfall counters & large island, wood cabinets and soft close hardware. High end, ceramic drift wood style tile floors throughout the entire living area. All windows and doors are hurricane/ impact proof. 11 Ft ceilings in the great room & 10 Ft throughout. 3 of the 5 bedrooms have an-suite bathrooms. Multiple french doors overlook the pristine sandy beach & ocean. All exterior porches are made with TREX flooring material & custom made aluminum railings. Pool with sundeck & spa overlook your private beach & ocean. Relax & enjoy your island paradise. Bring your buyers and make an offer! Florida Keys Real Estate and Homes For Sale.
OCEANFRONT ESTATE! Behind the gate and concrete wall surrounding this property, you will find the most beautifully remodeled, four bedroom, four and one-half bath home, overlooking the Atlantic Ocean. Three en suite bedrooms feel like master suites with phenomenal views. Fourth bedroom and adjacent bath located its in own wing. Open gathering space with built-in workspace and wet bar; amazing modern kitchen. Featuring a sandy beach complete with horseshoes & hammock, a grand, in-ground pool, boat ramp, concrete seawall and potential for dockage! Three exterior terraces/lanais for entertaining or private sunbathing all with incredible ocean views. The half bath is serviceable by a door leading to pool. One car garage and plenty of parking outside for vehicles/RV. Paradise Found! Florida Keys Real Estate and Homes For Sale.
Best Boating in the Keys! Desireable Venetian Shores 4 bed / 3 bath home with immediate ocean and bay access via Snake Creek from a 70-foot concrete dock with davits on a 100-foot wide canal. This solid-built concrete home offers a 3/2 upstairs with open kitchen, Florida room, and gorgeous porch. Roof Garden for entertainment.Legal downstairs AptOwner/Agent Florida Keys Real Estate and Homes For Sale.
This is an incredible real estate land opportunity on the ocean side of Plantation Key known as Plantation Point South. This 9-acre, estate property boasts of approximately 750 feet of shoreline bordering a secluded, conservation parkland with a sandy beach. Build your new, custom home high atop terraced land, positioned to take full advantage of the propertys spectacular ocean views. The elevation of this building site allows for ground level construction making it the perfect setting for a family compound to pass down to future generations. Approximately 400 feet of sandy beach below offers an abundance of sky-high coconut palms with permit to add a pier leading to your very private oceanfront observation platform with a day bed. Florida Keys Real Estate and Homes For Sale.
ANCHORS AWEIGH - 140 of deep-water, protected, concrete/paved dockage is enjoyed at this serenely secluded property with sunset views. It is rare to find 2 adjoining lots in Venetian Shores with beautiful bay views, and convenient, direct access to Snake Creek. Remodeled in 2005 & designed to take advantage of magnificent views from every level. Downstairs rec room also used as 5th bedroom. Florida Keys Real Estate and Homes For Sale.
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.
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.
Ocean front living at its finest! This custom built concrete home was creatively designed to showcase the breathtaking panoramic ocean view. The open concept floor plan on the main floor is great for entertaining; you can choose to dine alfresco on the large veranda or in the ocean view dining room. The main floor also boasts a chefs kitchen, 2 bedrooms and 1 bath. On the third floor you will find a private oasis! The expansive master suite is equipped with an oceanfront whirlpool tub perfect for a relaxing evening. Step into the backyard where you will find the perfect spot to launch your kayak and paddleboard as well as a new 1,020 sq ft composite dock and 12,000 lb boatlift; everything you need to enjoy the Florida Keys lifestyle! Florida Keys Real Estate and Homes For Sale.
SUPERB LOCATION in desirable Venetian Shores, one property in from Snake Creek, DEEP-WATER DOCKAGE and immediate OCEAN/BAY access! Recently beautifully remodeled, spacious 5bd/5.5ba, rec room on 3rd floor, crows nest on 4th floor offering Snake Creek views, guest apartment on ground level with screened porch, large screened porch off kitchen and living area, 27 ceiling height in great room, fireplace, impact windows, multiple porches, 1000sqft four car garage with storage room, 100x12 concrete dockage with 50/30 amp service. Attractive new brick-paved driveway and new landscaping. This property has so much to offer for you to enjoy the FL Keys Lifestyle! Florida Keys Real Estate and Homes For Sale.
Come see this charming Port Largo pool home with 75 ft of concrete dockage and direct, deep ocean access. Youll love the cozy layout of this homes 3 bedrooms and 2 baths, with its expansive terrace overlooking the pool and water-front. The downstairs offers a great storage area along with plenty of room to entertain and unwind. The pool, gazebo and bar area, with a privacy wall, offers the perfect backdrop for the laid back Keys lifestyle. It is situated in one of the best neighborhoods in the Upper Keys, with a homeowners park (boat ramp, community dockage and beach) AND a community park (tennis, basketball courts, jogging track and much more). This property is located only 50 minutes from Miami; but yet is worlds away. Florida Keys Real Estate and Homes For Sale.
Beautiful Waterfront home located in Prestigious Port Largo neighborhood. Solid concrete block w/ concrete roof. 75ft of concrete dock on deep and wide (90ft), ocean side canal, spacious open floor plan, chefs kitchen w/new Stainless appliances & sit up bar. Glass doors grace the back side and afford gorgeous views from every room. 4 bedrooms & 4 baths include two en suite guest apartments down (legal), with kitchens, plus a two bedroom two bath configuration up, Perfect for extended families & guests. The master suite & bath have been exquisitely updated w/cove LED lighting & a bathroom that boasts dual vanities, full extension drawers, over sized spa tub and enormous step in shower with frame less glass plus a bidet & a walk in closet. A/C with UV lights system. 1 hr to MIA. Florida Keys Real Estate and Homes For Sale.
BIG PRICE REDUCTION!!! Brand New Construction with all the bells and whistles. Waterfront 5/3 with storage, pool. 60 dock with boat lift, plenty of room for all your toys. Direct access to the ocean. Florida Keys Real Estate and Homes For Sale.
The turquoise waters of the Atlantic Ocean are the backdrop to this spacious oceanfront retreat on over two acres. The moment you enter through the grand port cochere and double entry doors, youll be greeted by views of the ocean. In fact, the ocean provides a stunning backdrop for the living room, kitchen, home office, master bedroom, and breakfast nook. To feel the ocean breezes, look no further than the large covered porch. Two guest bedrooms and a spacious master suite provide ample accommodations. The ensuite master bath has a large jetted soaking tub and separate walk-in shower. Each guest rooms share a common bathroom, with large-walk-in shower. Youll also find a large laundry room, with a place for ironing and shelving for all of your storage needs. Florida Keys Real Estate and Homes For Sale.
Seclusion, pool parties, seafaring adventures, all are included in this oceanfront home in the Florida Keys National Marine Sanctuary.This cul-de-sac home on a 14,220SF lot, includes 175F on the ocean, 100F on the canal, and a 26F cut-in boat slip with 5,000Lb. davits. The gated paved driveway links garage, gardens and pool, protected by a coral boulders seawall.The second floor ample living and dining rooms are connected with the kitchen, bedroom, bath, and covered terrace; all sharing open ocean views. Breathtaking views from the oversized master suite in the third floor, and the surrounding terrace bathed by Caribbean breezes overlooking the pool and spa.Just one hour away from Miami, yet a world apart, world-class fishing and diving, awaits you at this Florida Keys retreat Florida Keys Real Estate and Homes For Sale.
Anglers Reef Home with deeded boat slip. The home has beautiful water views and tons of upgrades. The home also is the only unit with 3 carports and is the largest 2 bedroom model in the community at 1636 square feet under air. The home shows like a model out of a magazine. Upgrades include Brazilian cherry hardwood floors, impact doors and windows, 3 porches with ocean views and upgraded composite decking. The brand new kitchen and bathrooms are beautiful and have state of the art fixtures and appliances. Anglers Reef reef is a private gated community with 52 homes and amenities include a community pool, a marina, and 2 beaches. Home is currently in the rental program. Own a home in the Keys and make money when you cant use it. Act fast as this one wont last! Florida Keys Real Estate and Homes For Sale.
Beautifully Renovated Waterfront 2 Level-2 Family Home with Separate 3/2 Up and 3/2 Legal Down. Residencia de 2 Niveles Completamente Separados y Renovada con 3 Dormitorios, 2 Banos y Cocinas Modernas en Cada Nivel, Alquile Un Nivel o Ambos Niveles Ganando $7,000 por Mes. Both Up-Down Units have Full Modern Kitchens and can be Rented Separately! Excellent Rental Income Generates $7,000 per month: $3,500 for Each Up- Down Units. Each 3/2 Unit has a Split Bedroom Plan-Master BR/BA on one side-2 Bedrooms on opposite side sharing a Jack and Jill Full Bath. CBS Block Home with a Concrete Roof. Ocean Access via Tavernier Creek in minutes, 75 Ft. Dock with Power-Water. Sparkling Pool, Tiki Hut, Separate Hot Tub! Plenty of Parking for RV, Boats, Jet Skis. Pristine! No HOA Fees! BRING All OFFERS! Florida Keys Real Estate and Homes For Sale.
This parcel to be sold together only with contiguous parcel@ 95325 Overseas Hwy, AK#1592986,RE#00483360 000000 13 62 38 PT TR 5&6 SOUTHCLIFF ESTS PB2-45 & PT GOV LOT 1 & ADJ BAY,3.24 acres for grand total of 9.36 acres. Includes 1137 sf 1970 2/1 cbs home metal roof. Broker part owner/family owned. This unique wooded acreage has a deep basin with dolphin piling and channel directly on the ocean. Residential use (non-conforming) now, but commercial zoning.Best approval rating via Monroe County is MIXED-USE COMMERCIAL development. *Includes data for both parcels and for taxes. This is a duplicate listing also found in MLS as Commercial #579482, as both uses permitted. Florida Keys Real Estate and Homes For Sale.
SELLER IS MOTIVATED & LOOKING FOR OFFERS!PLENTY OF ROOM FOR YOUR YACHT WITH 140FT. OF CONCRETE DOCKAGE! This ultra modern home with exceptional architecture features a gorgeous open floor plan with expansive windows on all levels, beautiful chef kitchen with Bosh and Sub Zero stainless steel appliances. The first entry level includes a large open room/bedroom, full bath plus laundry room. The 2nd level features an open kitchen & great room with a powder room and a large waterfront master suite. The 3rd level has a bedroom/office & a full bathroom including an outdoor bar overlooking the pristine waterway. Located on 2 lots with 140ft. of dockage with 2 boat lifts, a cut in boat slip, and 2 car garage with a large tackle room. Florida Keys Real Estate and Homes For Sale.
Phenomenal opportunity! Stunning, stunning, stunning Florida Keys Oasis. Aero-Largo. The setting for countless photo shoots and commercials, this seductive Bayfront Estate is what dreams are made of. Stroll right into crystal clear water from your own white sandy beach. This is your canvas. Bask in privacy, or entertain like no other. This home offers extreme flexibility. With 3 bedrooms + office in the spacious Main House, gorgeous gourmet Kitchen and Dining Room, and a separate detached Guest Suite. So many amenities! Huge, Deep Dock and Tiki, outdoor grill and pizza oven, outdoor bar, seaplane dock, boatlift, outdoor showers, custom-built pool and fountain, three garage spaces, massage Tiki, all nestled in a gated, estate sized natural hardwood hammock. Best value in its class an Florida Keys Real Estate and Homes For Sale.
Pre-construction! No waiting to build your dream home in paradise! Building permit in hand for main house, guest house and caretakers cottage. Dockage assured in Village Council Meeting. THE CROWN JEWEL OF ISLAMORADA is a must see - Over 21 acres spanning from US-1 to the beautiful bay. Over 1250 feet of secluded bay front! Running from US-1 to the bay, your estate insures privacy and seclusion like no other as well as year round sunsets. Fish, snorkel and swim in your own secluded cove, or fish, kayak and paddle board in your very own free flowing creek (historically known as Little Snake Creek) connecting two salt water lakes loaded with tarpon and snapper. A very rare opportunity to own a true trophy estate in the Florida Keys. Perfect for a family compound or corporate retreat Florida Keys Real Estate and Homes For Sale.
Luxury awaits in this oceanfront pool home with panoramic ocean views that will take your breath away. Recently updated this elegant home features 4 Bedrooms/5 Baths that includes 2 Master En Suites for added privacy. Relax in the in ground pool or hot tub oceanside while enjoying panoramic views and keys breezes. This home also has a 2 car garage, a large indoor/outdoor entertaining area w/ full bar, a cabana bathroom and an incredible 295 T Dock with private boat lift. This home exudes luxury living. Great for entertaining and access to your favorite fishing spots and boating adventures. This home comes fully furnished and is move in ready. Florida Keys Real Estate and Homes For Sale.
This Venetian Shores Bay Front home offers everything for the serious boater. With 120 of concrete dock, a 60,000 # extra wide boat lift and davits for your bay boat this home can handle all your vessels. There is plenty of depth and a wide channel (88) will accommodate boats as large as 65 with easy ocean access through Snake Creek. The third floor is an open concept living room, dining room and kitchen with built in cabinets has expansive open water views. There are 3 bedrooms with fantastic views on the second floor. The master has his and her bathrooms and walk-in closets. The ground floor has two bedrooms with a Jack and Jill bathroom. There is also a storage room for all of your boating accessories. With over 12,000 sq ft this is one of the largest lots in Venetian Shores 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.