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.
Take in the sweeping waterfront views from this top floor Angelfish Cay condominium. This perfectly located residence is steps away from all the vibrant social and recreational activities of the Tennis & Game Center. Beautifully and completely renovated, this waters edge condominium features two bedrooms, a den and three full baths. Soaring vaulted ceiling complement the generous open floor plan, with updated kitchen and great room, tile flooring, finely crafted wood cabinetry, granite countertops and stainless steel appliances. Open the glass doors to your private screened patio, and enjoy quiet morning time and sunrise while you feel the ocean breeze. 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.
Architecturally inspired by Italian Old World charm, this modern Mediterranean oceanfront estate is situated on a peninsula on the Atlantic Ocean in exclusive Ocean Cay, Key Largo. On over a half-acre of oceanfront land, this luxurious, private home features superior concrete construction, a four-car garage, a 200-foot dock, electric shutters, electric gates, an elevator, five central air conditioning units, and over 5,500 square feet of living space on three levels. Majestic palm trees and grand mahogany doors invite you into this four-bedroom, five-bathroom estate filled with an abundance of natural light. The focal point of the homes main living level is the panoramic views of the Atlantic Ocean through glass doors opening to expansive oceanfront terraces. Possible owner financing. Florida Keys Real Estate and Homes For Sale.
Luxury Waterfront Islamorada Pool Home with Dockage & Elevator! This solidly-constructed, completely custom 4BD/4BA was meticulously designed with high-end finishes and artistic one-of-a-kind touches that make this waterfront home truly unique. Designed with wow-factor curb appeal, the spacious 3,365 sf home is privately gated with a paver driveway curving under an elegant porte-cochere. This concrete fortress also has impact windows and doors on all 3 living levels with both interior central stairs and an elevator. Theres also a large integrated garage with side storage for toys. Desirable Kahiki Harbor neighborhood provides direct boating access to the ocean and bay via Tavernier Creek for the best boating in the Keys. Designed by David Harum, this distinctive home is a must see! Florida Keys Real Estate and Homes For Sale.
Great views of Snake Creek and out to the ocean from this beautiful 5 bedroom home on almost 1/2 acre of creekfront lot in Venetian Shores. Approximately 130 along Snake Creek and approximately 160 along the canal. Home features split level with 4 bedrooms on 1st level, large living/kitchen area with screened balcony on mid level and master bedroom on top level, all connected with soaring open foyer. Nice pool with spa, screened outdoor grilling area, 9 hole putt-putt golf course along creek and canal, large garage, davits and nicely landscaped grounds. Florida Keys Real Estate and Homes For Sale.
ESPRIT - Architecturally modern residence encased in majestic tropical gardens that awaken the senses and are host to monarch butterflies, jasmine, gardenia, and birds of paradise. This rare custom 3BA/2.5BA CBS home offers a concrete roof, custom flooring throughout & hurricane rated windows and doors. Open and spacious kitchen with indoor/outdoor dining areas overlooking the water is designed with accent lighting and the newest modern appliances. Fast Bay to Ocean access via either nearby Tavernier Creek or Snake Creek with marina amenities available right up the canal teeming with manatee and porpoise. Rooftop party deck has 10 person hot tub and offers 360 degree views of Plantation Key and waterways adorned with beautiful birds, starry skies, breathless sunrises and romantic sunsets. Florida Keys Real Estate and Homes For Sale.
Pirates Cove Bay Front Treasure! Enjoy boating and sunsets from this lovely bay front home. Relish the Florida Keys lifestyle in this Key Largo bay front home with 3 bedroom 2 & 1/2 bath. Spectacular water views can be seen from open kitchen/dining and living areas. Or sit outside and delight in the views from the large open patio. This home has a gated entry and is located on the quiet cul-de-sac of Jolly Roger Drive. This CBS constructed home has plenty of parking underneath for your cars and toys as well as space for entertaining. Boaters will appreciate the convenience of boat lift and davits. Boating, kayaking, paddle boarding, swimming, or just doing nothing, this is the home where you can have it all. Florida Keys Real Estate and Homes For Sale.
Marlin House is a stunning brand new 4 bedroom, 4 bath home in Islamorada that features top of the line amenities and stunning ocean views from all living levels of the home. As you enter the gates of Tarpon Point you will find an exclusive enclave of 12 oceanfront residences. Designed to meet the ultra-high standards of the developer, these exceptional homes allow for the most advanced building techniques to reside in harmony with one of the worlds few remaining untouched and fully protected marine habitats. Once you enter Marlin House and make your way to the main living level you will be in awe of the ocean views that greet you upon entering the living area. Located just off the living area is the dining room and chefs kitchen. On this level you will also find the first of Florida Keys Real Estate and Homes For Sale.
This home has it all! 85 ft. of concrete dock, with a boat lift, located on a deep water canal featuring an excellent location just 3 houses in from Tavernier Creek giving you direct ocean & bay access. There are 2 bedrooms & 2 bathrooms upstairs & 1 bedroom & 1 bathroom downstairs. New Swimming Pool, new roof, new pavers, new fence, new addition on upper level, plus lower level guest quarters, fish cleaning station, outdoor shower, storage with an ice machine & refrigerator and so much more! Florida Keys Real Estate and Homes For Sale.
Nestled in six tropical acres on the bay in Islamorada on Lower Matecumbe Key is this rare parcel boasting over 600 feet of white sand beach and deep water dockage. This spectacular private estate offers 6,198 square feet of living space with six bedrooms and six-and-a-half bathrooms. The guest home offers an additional 418 square feet with one bedroom and one bathroom. Enter down a private driveway cocooned by tropical landscaping and arrive on the doorstep of this stately island-style residence. The distinctive design and craftsmanship are evident upon entering. This one-of-a-kind estate was designed to take in the captivating bay views from every room. Offering an elegant living room, formal dining room, comfortable family room and spacious sunroom with vaulted ceilings. Florida Keys Real Estate and Homes For Sale.
Beautiful Waterfront 7 BR-5 BA, Heated Pool-Gas Fire Pit, 3 Car Garage, EXCELLENT RENTAL INCOME PROPERTY! Custom Built by General Contractor-Owner, completed in 2014, OFFERED TURNKEY! Two Master Suites on the 2nd and 3rd Floors. All Doors, Crown Moldings are Imported Hardwood. Gorgeous Diagonal Ceramic Tile Flooring Throughout. Solid CBS Block, Hurricane Impact Windows and Doors. Electric Roll Down Shutters with Manual Overrides. Just 5 Minutes to the Ocean, No Fixed Bridges. Two Ipe Hardwood Docks, 65 Ft of Dockage, Deep Draft 6 Ft at Low Tide. Electrical 30 & 50 Amp Power and Water. Two Boat Lifts: 10K Lb. and 16K Lb. Gorgeous Water Vistas from 2nd-3rd Floors-Widows Walk. Storage Work Shop! Secured Fenced Yard Bring your RVs, Boats, Skis. NO HOA DUES! Video https://vimeo.com/311331723 Florida Keys Real Estate and Homes For Sale.
Hammer Point! 4B/4B Custom Built Pool home with Garage. Brand new construction with top shelf finishings. 11 Tray Ceilings w LED lighting and wood floors throughout. Chefs Kitchen with Quartz counters and SS Thermador appliances. 1B/1B at ground level. Elegant stairway to 2nd floor foyer. Huge main bedroom suite on 2nd level with walk in closet, luxurious bathroom and private balcony all overlooking pool & canal. Ensuite Bedroom and Bath with walk-in closet and private balcony. A 3rd Bedroom and family Bathroom. 7600 sf lot with 40 foot of dockage with Davit Pads. Enjoy the crystal clear water of Hammer Point and quick Ocean access via Tavernier Creek. Florida Keys Real Estate and Homes For Sale.
BALLAST TRAIL is a bespoke, contemporary masterpiece with vast and uninterrupted ocean views. This custom built home is a 5 bedroom, 6.5 bath remarkable example of minimalism with a floor plan that is laid out expertly. A warm, welcoming ambiance is evident throughout the home. This home has spacious living areas ideal for entertaining, is a state-of-the-art smart house and has an expansive solar panel system. Located on 4 wooded acres, this property is extremely private with a drive that extends more than 700 and enjoys 190 on the ocean. The guest house is a remodeled and historic 2B/2B, 1936 Red Cross house. Outdoor amenities include an infinity edge pool that extends along the rear of the main house, extensive entertaining decks, an outdoor Summer kitchen and deep-water dockage. Florida Keys Real Estate and Homes For Sale.
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.
Through a long winding and manicured driveway off of the Old Highway you will enter this exquisite Seaside Villa located on Plantation Key in Islamorada, FL. Sitting on 2 acres, this Atlantic Ocean facing property has 170ft.of shoreline and sandy beach, a rare find in the Florida Keys. Step up the imperial staircase into the breathtaking great room with commanding views overlooking the ocean featuring 5839 sq ft plus an additional 2387 sq ft on the ground floor for a total of 8,226 sq ft. of grand living space with 3 levels offering 6 bedrooms, 4 bathrooms, and 1 half bath with an additional 1 bedroom en suite, 1 full bath and 1 half bath on ground level. The distinctive features of this home consist of exquisite wood and marble floors, 8 high solid wood doors, ironwork fixtures, imported Florida Keys Real Estate and Homes For Sale.
NEWER ALL CONCRETE TRI-LEVEL WATERFRONT HOME offering direct OCEAN ACCESS and easy bay access through Tavernier Creek. Concrete dock with boat lift and davits. Spacious 4bd/3ba; 3bd/2ba on second level, master bed/bath on third level plus an elevator. Large open balconies off 2nd and 3rd floors and a roof top deck to enjoy beautiful oceanviews! This home has so much to offer! Florida Keys Real Estate and Homes For Sale.
Gorgeous 4/3 with Den. Centrally Located in the Heart Of Tavernier Florida, Blue Waters Community. All New 2018 CBS Construccion, Ceramic Floors, Hurricane Impact Windows, Metal Roof. Beautiful Kitchen with a Center Island, Stainless Steel Appliances, 40 Dock with Ocean Access. 1st Floor Entertainment Room, Central Vacuum Cleaner, Family and Dining on the 2nd Floor. 2 storage Rooms, one inside on the first floor and the second one by the Dock. The Home is Elevator Ready. Two air-conditioning units for the Home. 5 minutes to Harry Harris Park, CVS, Walgreens, Win Dixie and 10 min to publix and manny restaurants. Florida Keys Real Estate and Homes For Sale.
Experience the allure of coastal living at this waterfront pool home. This 4 bedroom house is nestled in Port Largo, a waterfront community with some of the best direct, deep water, ocean access in all the Florida Keys. Enter this recently updated residence with new hardwood floors and immediately feel at home. The downstairs foyer provides an interior access to the 2nd floor which has 2 bedrooms, 1 bath, the living and dining areas, the newly updated gourmet kitchen and 2 terraces. The 3rd floor has another bedroom and the expansive master bedroom and exquisitely designed master bath. Explore some of the worlds best offshore reefs and fishing from your 75 ft dock. The outdoor living area is equally as inviting with its outdoor kitchen area, covered gazebo and in ground pool. The concrete Florida Keys Real Estate and Homes For Sale.
Executive Home! Elegant 5Bd/4Ba 3 Story CBS Pool Home on a direct Ocean access canal. 3760 sf, built in 1999, completely renovated in 2008, with new pool. Being sold furnished. 2018 new Impact Doors & Windows and exterior paint. This Luxury home has it all! Separate ground level in-law or guest quarters. 3B/2B on main level. Entire 3rd floor is the owners bedroom suite. Beautiful Chefs Kitchen with Island & dining area separate from dining room. Pantry, large laundry room with storage. 70 concrete dock with a Boat lift and a set of Davits. Great location in North Key Largo. Easy commute, 45 minutes to downtown Miami and only a few minutes to the reefs for the divers & fisherman, or to the Bayside resteraunts. Marina and Fuel Dock one canal away. Meticulous buyers, come take a look! 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.
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.
MAGNIFICENT OCEANFRONT PARCEL WITH JUST UNDER 3 ACRES on Windley Key in Islamorada. This property boasts a huge, IRREPLACEABLE, DEEPWATER boat basin to house and protect many boats PLUS just over 200 Feet direct Atlantic Ocean frontage. Ground Level home offers a fireplace and endless ocean views from the large deck. Catch the endless ocean breezes at the waterfront Tiki. Hut. A rare and unique opportunity. Florida Keys Real Estate and Homes For Sale.
Beautiful Mediterranean-Style Custom Pool Home with 80 ft., of dock with deep water ocean access. This home has an excellent floor plan. DOWNSTAIRS: 2 spacious bedrooms, 1.5 bath, den used as an office can be 3rd bedroom or Rec Room. Unique living space for Multi-generational living. Kitchen with Extra-long granite peninsula with double pantry, Expansive Family Room with cozy fireplace and many built-ins. Formal Dining Room, Living Room with 20-foot ceiling. Wet bar in the patio area off of the living room. THROUGHOUT THE HOME: Large windows for plenty of natural light, UPSTAIRS: Over-sized master bedroom with 2 balconies, Master Bath is spacious, generous sized walk-in closet, Sitting Area & another room can be library or media room. OUTSIDE: Low-maintenance backyard, 2CG,Pavers 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.