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.
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.
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.
A rare opportunity to own the Oasis, a home like a private resort, featured on the cover of Florida Design magazine. This home has been used for photoshoots by famous photographers, celebrities, and brands. Be a part of this unique lifestyle, whether for intimate dinners or for parties for 200 people.Enjoy the truly spectacular pool for lap swimming or amazing pool parties. Take a front row seat to view the mesmerizing changing colors of the Atlantic ocean waters within the Florida Keys National Marine Sanctuary.The Oasis has two bedrooms with ensuite bathrooms and a media room/den that can be easily converted back to a third bedroom. There is a third bathroom in the outdoor poolside entertainment spaces.The living room is spacious with its double-height vaulted ceiling and 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.
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.
This fabulous Port Antigua home is ready for a new family to enjoy! Vaulted tongue in groove ceilings and clerestory windows in the open living area let in the natural light. Features include travertine floors throughout, 3 Bedrooms and 2 baths on the main living level, separate laundry room/pantry and another bedroom and bath on the ground level. The downstairs is above flood and permitted, making this a large home for guests and extended family to share! The backyard is accented with pavers and leads to the 60 ft. concrete dock with a 20,000 lb. boatlift. The carport and garage give protected storage for golf carts, jet skis, etc. The Port Antigua Homeowners Park offers a beautiful sandy beach with tiki huts and BBQ grills for property owners as well as a boat ramp within the community. Florida Keys Real Estate and Homes For Sale.
Port Largo! Custom Victorian Style Home. New CBS 3b/2.5b, + 1,200 Sq Ft can be 2 extra bedrooms. Total Sq Ft 3460. Huge lot,extra parking Open floor plan. Top of the line SS appliances, gas range and granite counters. Cathedral beamed ceilings. Wrap around Key West style Veranda with views down the canal. Garage has an adjacent additional 800sf air conditioned finished rooms with a full Bathroom. Can be used for guest quarters. Concrete Dock. Walled & Gated with a Courtyard entry. One of a kind Architect Designer home. Near HO Park, boat Ramp & Key Largo Park. Florida Keys Real Estate and Homes For Sale.
PLAYA LARGO OCEAN RESIDENCES - NEW gated resort style OCEAN SIDE community! - SEA SPRAY model is a beautiful 3 Bed / 2.5 Bath 2,502 Sq Ft under AC residence with a large 484 Sq Ft outdoor terrace with summer kitchen perfect for entertaining with adjoining 201 Sq Ft AC media room designed to enjoy spectacular ocean views. Common areas were inspired by the Playa Largo Resort and amenities include gorgeous clubhouse has indoor and outdoor recreational areas including a beautifully designed infinity pool overlooking the ocean. Community boat launch and dock gets you a few minutes to the open ocean and favorite fishing and diving areas. Playa Largo Resort hotel program TBA. Florida Keys Real Estate and Homes For Sale.
This is Florida Keys living at its finest. No detail has been spared in this new oceanside, canal front, custom home with pool that was built with meticulous attention to detail in 2016. The property offers 5 bedrooms, 3 bathrooms and 1 half bath, 2 car garage and direct access to the ocean within minutes. The richly appointed interior, executed with superb craftsmanship and soaring ceilings, will appeal to the most discerning buyer. The stunning 65 FT seawall dock offers a 10,000 lb boat lift that can be increased to 20,000 lbs. A brand new privacy wall with electronic gate was built in 2019 complete with new landscaping and outdoor automatic lighting. This stunning home is being sold with high end furniture and is ready to move in immediately. Florida Keys Real Estate and Homes For Sale.
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.
***OWNER MOTIVATED***Welcome to Paradise! Perfectly nestled on a canal only three minutes away to the Gulf is this amazing Stillwright Point Home.As you entered the perfectly manicured landscaping greets you with all it warmth and privacy. There is the exquisitely and tastefully remodeled house with 3 bedrooms and 2 1/2 baths, soaring vaulted ceilings and a magnificent roof-top deck for all year sunsets view. Enjoy the serenity of the indoor heated pool and the quite beauty of its terrace. This three level retreat captures the essence of the Keys lifestyle. Nothing spared on this home. Come and SEA it for yourself. Your buyer would not regret it. Happiness is a sunrise over BLUE WATERS 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.
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.
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.
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.
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.
Jaw-dropping views of the Atlantic Ocean are perfectly framed by the pitched concrete roof of this custom-built home on Plantation Shores in Tavernier. The raised, concrete block structure (CBS) home was done by a premier builder. The architecturally designed great room and kitchen with an island open onto a porch featuring serene panoramic ocean views, and breezes. Three bedrooms with en suite bathrooms complete the homes interior. Boaters will enjoy the propertys protected oceanside dockage without having to walk a long pier, and 95 feet of deep water. An excellent location with direct bay access through Tavernier Creek or Snake Creek. Close to fine restaurants and within walking distance to schools. Florida Keys Real Estate and Homes For Sale.
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.
This original 1971 beach house has been entirely renovated, complete with a brand new top-floor master suite addition and fresh coastal design. The residence features solid concrete block construction, three bedrooms, two bathrooms, and legal downstairs one-bedroom, one-bathroom guest quarters. Additional amenities include a covered carport, plus a canalfront lot with protected dockage, a boat lift, a pool, and a bar beneath a tiki hut. This property is a must-see to appreciate the beautiful interior finishes, panoramic ocean views, and fantastic outdoor spaces. Florida Keys Real Estate and Homes For Sale.
Outstanding Oceanfront Estate!As you pass through the double gates and begin your drive on the reclaimed brick driveway you enter a park-like setting. Upon arrival at the residence, the great room, its soaring ceilings and the expansive ocean vistas make an indelible impression. A chefs gourmet kitchen inspires culinary creations and entertaining with two islands adorned by Patagonia granite counter tops. Top-of-the-line appliances include Thermador, Viking and Gaggenau. Designed for spacious living and enhanced connection to the environment, all four bedrooms have private spacious balconies with outdoor showers. The master bedroom wont disappoint with its grand bath, lounging media area and access to your private third floor office complete with additional oceanfront facing .. 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.
Sea Garden is located on an impressive landscaped 1.5 acre bayfront parcel sprinkled with orchids and boasts a highly unique bayside coral reef right behind the docks. This completely solar powered home has been built to last and offers over 120 of deep water dockage with 13k boat lift plus kayak/paddleboard ramp and floating dock. Three car garage with upstairs guest house is an added bonus to this already impeccable estate. Watch the bald eagles fly by, the painted sky sunsets and enjoy the natural surrounding beauty of the Florida Keys right from your back porch! 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.
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.