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.
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.
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.
NEW LOOK, NEW PRICE, EASY & READY TO SHOW! Exquisite Waterfront Pool Home with 100ft. of Dock! This elegant home features 5 bedrooms, 4 bathrooms, including 2 master suites, rich mahogany wood stair cases, porcelain tile floors, gourmet state of the art kitchen, custom built pool with heater & chiller, 33,000 lb boat lift, 100ft. of dock with electric & water, outstanding views of Snake Creek, 3 separate garages, batting cage, workshop, storage galore, gated entrance, & generator located in beautiful Venetian Shores. This one of a kind home has it all! Florida Keys Real Estate and Homes For Sale.
Overlooking the Atlantic Ocean is this peaceful 2.32-acre gated beachfront estate. Remodeling renovations have started and are waiting for the perfect finishing touches. This home features two bedrooms and an office on the main level with an entire third-level master suite. An oceanfront pool, a boat basin, a tennis court, a large sandy beach area, and a multi-car garage complete this exclusive, private property. 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.
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.
Open to Offers! Ocean views from this modern gated pool home. Ideally situated in the heart of Tavernier with direct ocean access. Massive balconies to the ocean, Master suite on the top floor with private terrace. Boat lift and davits. Separateguest suite with bath on the ground level. A must see! Florida Keys Real Estate and Homes For Sale.
This home is a MUST SEE! Ocean views from the rooftop deck and protected dockage in a wide, clean harbor. Located in Treasure Harbor, this home has your dream boating location, with 89 ft. of harbor frontage including your own private boat ramp and only 2 homes from the ocean. An additional 95 ft. of dock on the canal side has room for all your water toys. This CBS home with a poured concrete roof is ready for a new family to enjoy. Are you wanting some rental income? This home has some winter rentals in place! The garage has access from the street and the dock side to make storing all your boating and fishing equipment convenient. The kitchen is nicely updated and the bedrooms are large. This home will accommodate a couple or a larger family comfortably. Please see MORE... Florida Keys Real Estate and Homes For Sale.
BEAUTIFUL BAYFRONT PROPERTY in desirable Lower Matecumbe where you can partake in the fabulous backcountry fishing or easy ocean access to enjoy offshore fishing, diving and snorkeling. Concrete 2-story home offering 3bd/2ba up and a legal apartment down, all beautifully remodeled since Hurricane Irma. Enjoy the open living area that is offered while also enjoying the gorgeous open water views of the Florida Bay. Wonderful DOCKAGE with TWO boat lifts (24,000lb and 5,000lb). You will love the backyard with SANDY BEACH and BAYVIEWS or relax POOLSIDE with heater and chiller included. 580sqft. garage which opens on both ends and offers ocean and bay views. This is a property that is turn-key to allow you to enjoy the FL Keys Lifestyle today! 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.
PREMIER LOCATION IN KEY LARGO with direct access to the ATLANTIC OCEAN! Beautiful all concrete canalfront POOL home offering a spacious 3bd/2ba, finished FL pine cathedral ceilings, open floor plan, storage only down(1045sqft), covered parking, large open porch overlooking pool and canal, tropical pool with 2 waterfalls w/Italian marble decking, 75 concrete DEEP-WATER DOCKAGE, all located in a tropical setting full of beautiful foliage offering lots of privacy. Florida Keys Real Estate and Homes For Sale.
Islamorada Venetian Shores 5BD/5BA with 100 dock and boat lift! This one has it all including a custom pool with spa and waterfall, elevator to all three floors and a totally private master suite on the 3rd floor with side den/office. On the ground floor is an elegant entry foyer and a spacious 1/1 guest apartment (above flood), plus a large garage and poolside cabana room. Enjoy Instant big boat access to both the ocean and bay from 100 wide, deep canal. Spacious home offers over 5,000 sf including porches, separate guest quarters and garage. There are booked rentals already in place and the house has a strong rental history to help offset costs. New flooring, camera system, brick driveway, impact glass, landscaping and more! 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 13,000 square feet of oceanfront land, this luxurious, private home features superior concrete block construction, a four-car garage, 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. Florida Keys Real Estate and Homes For Sale.
Outstanding Oceanfront Estate Home perfectly situated 5 minutes from Ocean Reef Club and 30 minutes from Miami on a point lot with direct access to John Pennekamp Coral Reef State Park. This 5,100 square foot, 6 bedroom, 5.5 bath estate sits on .72 acres with 300 linear feet of water frontage. It features many luxury appointments and finishes including an ADA accessible elevator, Italian marble floors, sub-zero refrigerator, wine chiller, wet bar, granite countertops, stainless steel appliances, and hard wood cabinets. This is a solid CBS building built in 2014 with a 50-year metal roof and hurricane impact windows and doors throughout. 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.
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.
ATTENTION PILOTS....Rare opportunity to own THREE lots with large concrete home and inground pool! Downstairs guest suite is above flood. Home sits on two lots plus third adjacent lot included in this price! Large parcels, property completely fenced, gated community, close to private Marina for dockage up to 3 boats, can accommodate up to 40 ft boat. Private airstrip, 2,200 grass runway, located directly on Tavernier Creek for immediate boating access. Excellent for full time or part time residency. Three bedroom, three bath home, interior staircase, remodeled kitchen, large rooms, concrete roof, central AC, screened in pool, circular drive, open hangar measures 42feet across, room to build new hangar. Endless possibilities offered with this property. Excellent investment! Florida Keys Real Estate and Homes For Sale.
Florida Keys Real Estate and Homes For Sale.
Keys styling and modern layout on this new construction home with 180 endless bay views and sunsets right down the pike! Custom in every way, this home checks all the boxes with a grand entertaining area, 100 of dockage ready for 2 boatlifts and deep enough to accommodate larger boats, huge heated and chilled pool, double garage, elevator, rooftop deck, natural sandy beach, and more privacy than youll ever need. The main level features a spacious living room opening into the kitchen and 2 bedrooms and 1 1/2 baths. The 3rd floor stuns with a must-see master suite, and 2 more bedrooms with a Jack and Jill bathroom. The third floor balcony leads to a private staircase to the rooftop deck where you can view most of Key Largo. Have a front row seat to the boat parades and fireworks displays! Florida Keys Real Estate and Homes For Sale.
ENDLESS POSSIBILITIES AND VIEWS BEYOND COMPARE! Great clean, flowing canal! Sensational Canal and Bay Views everywhere! Oversize pool home with fabulous dockage, plus private ramp situated on nearly 1/3 acre of land. Top floor is beautifully appointed. Second floor is a blank canvas waiting for your designer flair. This home has good vibes ~ make it your family compound!!! Fully fenced, carport, and plenty of storage down. Enjoy the in-ground pool and bay breezes! Go out boating with easy Bay access and Close to Adams Cut for Ocean access! Close to shopping, restaurants and all the modern conveniences. Florida Keys Real Estate and Homes For Sale.
Tucked away in the exclusive Plantation Lake Estates private and gated community, this 3B/3B, immaculate gem is the perfect island retreat. This impressive, Islamorada garden house is situated in the most tranquil setting with expansive lake-front views from all levels, including the expansive Widows Walk. Deep-water dockage, straight shot out to the open ocean, plus easy access to the bay via Snake Creek. 2B/2B, plus loft upstairs and a full 1B/1B plus kitchenette downstairs. Storage galore inside and outside. House is set up to receive generator power. Included in the real property sale price are the bromeliads, all of the orchid collection and all staghorn ferns attached to trees. Florida Keys Real Estate and Homes For Sale.
One of the best values in all of the Florida Keys in a much sought-after location. Being sold by the homes second owner. The first owner was the builder and architect. The home has been completely upgraded and is ready to enjoy. Sit on the deck and watch the fish swim by, or wade out and hook up. This is a true beach house, with endless ocean views, silky sand beach, and clear Atlantic waters to enjoy. This home has the infrastructure to add a third floor for additional space and views. Upstairs there is one bedroom and one bathroom with a large laundry closet space. Downstairs is comprised of two bedrooms and one bathroom. Both levels offer large porches overlooking the Atlantic Ocean and the propertys beautiful beach with views of the sunrise and sunset. 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 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.
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.