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.
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.
ENTICE YOUR SENSES with stunning unobstructed Atlantic Ocean views right out your backdoor of this inviting 2bd/2ba POOL home with DOCKAGE and a large peninsula! Nearly one acre of highway to Atlantic Ocean parcel will take your breath away. Comfortable open living floor plan that opens up to a spacious pool deck, perfect for entertaining. WEEKLY RENTALS allowed. Excellent rental history available. Enjoy immediate offshore fishing, diving and snorkeling or take pleasure in nearby access for backcountry fishing. Also, enjoy nearby waterfront dining by boat or car. This property will allow you to truly enjoy the FL Keys Lifestyle and make memories of a lifetime! Florida Keys Real Estate and Homes For Sale.
Awesome, bayfront, property on Lower Matecumbe with everything a family needs to enjoy the Keys lifestyle! Deep water dockage, natural private sand beach, endless bay views, tiki hut with bar, and thats just outside. Inside enjoy travertine floors, media room, custom glass etched bar, cargo lift, separate laundry room and remolded 1/1 downstairs . Perfect for any fisherman the property is conveniently located with endless access to inshore angling and a short run to ocean with no fixed bridges. Owner financing possible and a realistic price make this a must see. More photos coming soon! 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.
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.
Beyond compare, this Polynesian inspired exquisite keys waterway Harum Designed custom home is 99% complete, pool is in, landscaping is underway. This spectacular home is not to be missed if you are looking for a yachtsmans location w/over 110ft of deep water dockage w/unlimited beam on deep water Hurricane Creek. Cathedral ceilings grace this masterpiece and its 3 bedroom and 3.5 baths is complimented by custom LED lighting, drop down TV. Incredible storage, 2 garages, generous and spacious covered gathering areas. The residence boasts an extraordinary creekside covered balconies overlooking Hurricane Creek with views of the Florida Bay making this a Florida Keys Treasure. The finished work detail is to much to list. Contact agent for full details and showing appointment. Florida Keys Real Estate and Homes For Sale.
An abundance of luxury and elegance in this one of a kind Ocean view estate! With almost 7400sf of open concept living space & BREATHTAKING oceans views & sunrises, this property has all the amenities you need for Florida Keys living. The spacious home has 6 bedrooms, 8 bathrooms. The Grand foyer entrance and wrought iron railings are just the beginning of the quality and luxurious finishes that you will see throughout this home, that makes this a truly unique find in the Keys. The interior features include a home theater, elevator, custom built bar, solid wood cabinetry throughout, marble and granite counter tops/vanities and stainless steel appliances, marble and Travertine floors and exquisite furnishing and decor from a Miami designer to name a few! Florida Keys Real Estate and Homes For Sale.
Rare offering in Port Largo in this 6700 sq. ft. attached multi-family CBS waterfront home! Architecturally designed and constructed with concrete block to take full advantage of peek a boo ocean views, living space and privacy. An industrial elevator takes you to each living level with private entrances. Each level has 2 ensuite master bedrooms and huge walk in closets and 2 guest bedrooms. The 2nd level has a brand new granite kitchen, new hardwood cabinets, and keystone accents in the separate entertainment area, wide porches and both levels have ocean views! The ground level has a full bath for convenience. Other features include a gated and fenced in yard, 2 brand new AC units, 2 carports, a cistern in enclosed storage area, and room for a summer kitchen and pool. 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.
Magnificent ocean view A gorgeous, comfortable and spacious brand new home located in a tranquil cul-de-sac setting. Delight in an ocean sunrise over breakfast in the stunning kitchen with large central island and large picture windows. This shiny new home has multiple living and entertaining areas offering space for family and friends. Features an elevator, 1/1 on 1st floor, and 3/2 upstairs. All rooms have generous light & space. Youll love the sense of space. 40ft of concrete dock with deep water access & straight shot out to the ocean. Covered paved parking. Must see to believe! 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.
PLAYA LARGO OCEAN RESIDENCES - NEW gated resort style OCEAN SIDE community! - SUNRISE model is a stunning 4 Bed / 4.5 Bath 2,868 Sq Ft under AC residence with a large third floor deck. Home is designed to enjoy spectacular ocean views throughout. 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 available. Florida Keys Real Estate and Homes For Sale.
Boasting of 5 spacious Bedrooms and 5 full bathrooms, a need for space is consistently met. This turnkey luxury home allows for the whole family to relax and unwind either by the pool, or fishing dock side. Take the groceries up in the elevator, then up to the Huge Master Suite complete with his and her separate walk-in closets and get your swimsuit on for a relaxing dual jet hot tub/Jacuzzi massage.Just in time for a sunset cruise from your 60 plus foot direct ocean access dockside. Convenience of your 15-thousand-pound boat lift allows for quick in and out departure and arrival from the beautiful Atlantic Ocean.Heat up the custom 8 burner grille in your spacious outdoor kitchen/dining and entertaining poolside oasis and enjoy a waterfront dinner.2 living room/media rooms allow for 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.
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.
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.
Inviting contemporary beach house with stunning unobstructed ocean views from every room. This private gated beachfront setting offers an open great room, beautifully appointed island kitchen and formal dining, sun-drenched with natural lighting, designed with colors to mirror the soothing views of water and sky. The three en suite bedrooms offer private accommodations for guests or family. The master suite includes ocean views from bedroom and sumptuous bath, featuring a soaking tub and all glass shower, double vanities, and two walk-in closets. This homes solid all concrete construction is artfully designed to mimic the 100 foot shoreline, capturing the prevailing breezes and taking full advantage of the perfect space. Balconies line the entire ocean side of the upstairs. 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.
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.
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.
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.
BEACH CHIC is the perfect casual modern retreat. This stunning CBS pool home has been recently elegantly renovated. Open floor plan with soaring high ceilings, gourmet kitchen, quartz counters & island-bar. Features Coral Stone accent walls, driftwood lighting in dining area, buffet & wall of windows with natural lighting. Impeccable layout offers 3 spacious bedrooms, wood look tile floors, impact windows & doors with concrete roof. 70 concrete dock has 24k LB boat lift with deep & direct ocean access. Gated entrance with covered parking and large breezeway for entertaining. Large playroom & wet-bar on 1st floor. Gorgeous lush landscaping located in prestigious neighborhood, within minutes to great local restaurants & bars. Only 1 hour from Miami. Possible seller financing. Florida Keys Real Estate and Homes For Sale.
Immaculate home in Key Largos most prestigious neighborhood! This 4 bedroom, 3 bath pre-firm (no flooding during Irma) home has been completely remodeled and is meticulously maintained. Its concrete roof and impact sliding doors provide the utmost protection against storms. The sliding doors also recess into the wall, letting you integrate your indoor/outdoor entertaining areas. The dumbwaiter provides convenience for heavy packages and groceries. The professional landscaping & a 75 ft of deep-water dockage with quick direct ocean access add to its allure. Sitting next to a vacant lot affords this home much more privacy. A true Keys retreat. 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.