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.
Feel the Ocean breeze in this Oceanside concrete home with concrete roof in secluded neighborhood featuring superior dockage for yachts and sailboats with direct ocean access. Beautiful outdoor kitchen and bath, 2/1 up & separate 2/1 down includes furnishings. Ample storage areas, paved and well maintained. Just bring your toothbrush and your boats, this great location is just minutes to world class fishing and diving. On wide canal with boat lift. Florida Keys Real Estate and Homes For Sale.
Enjoy astounding views upon entering this estate home with soaring ceilings and floor-to-ceiling windows. The home is set on nearly a half-acre lot and offers eight bedrooms and six-and-a-half bathrooms. Views of Snake Creek and the ocean beyond can be seen from screened-in balconies on all three levels. A beautiful screened-in pool and spa, 100 feet of protected dockage and mature tropical landscaping with lighting complement the outdoor oasis. The home is complete with a double four-car garage, separate guest quarters, an elevator, and a gated driveway. 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 FEW SNAKE CREEK PROPERTIES! PRESTIGIOUS VENETIAN SHORES is offering the perfect location for the avid boater/fisherman making it the supreme location in Islamorada offering DEEP-WATER DOCKAGE and immediate ocean and bay access with BEAUTIFUL WATERVIEWS! Brand new dock and seawall surrounding a relaxing poolside atmosphere. The interior of this spacious home allows for 4bd/3ba, large living area upstairs and downstairs, rooftop deck to enjoy an even better open water view. Also offered is an elevator and garage. This home is the perfect property to remodel to your own taste and enjoy the FL Keys Lifestyle! 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.
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.
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.
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.
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.
A Sailors Paradise! This stunning direct bayfront pool home offers you beautiful open water views, gorgeous sunsets and protected deep water boat dockage for multiple boats. Current owner has a 55 x 26 Catamaran Sailboat and a 23 Bay Boat. This exquisite 3 story home has 3 Bedrooms/2.5 Bathrooms upstairs & a remodeled 1/1 ground floor apartment for visiting friends & family. This home has soaring wood ceilings & direct bay views from all of the large bedrooms. The exterior features include a rare covered boat house slip with lift, 71 seawall, & a new pool with swim jet, heater & cooling system. Other features include a tall carport for a large RV, a Workshop with A/C, gated electric entrance, & a walled lot with tropical landscaping. New A/Cs, hot water heater & appliances. 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.
Escape to carefree, amenity rich living and boating at Key Largos Mariners Club. This luxurious oceanfront ground floor Sailfish unit offers spectacular direct views of the Atlantic Ocean and very close proximity to your 60 boat slip. The spacious 2,635 square foot living area is designed with rich finishes and expansive living areas, including a covered oceanfront veranda to enjoy the water views. You and your guests will have plenty of room to relax with three bedrooms, three baths, a bonus room, and a professional kitchen. Enjoy your choice of swimming pools, play tennis and pickle ball, stay fit at the fitness club, and even host a family or corporate gathering at the clubs conference facilities. This unit is island living at its best in Key Largo. 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.
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.
LOCATION, LOCATION, LOCATION! Not to mention incredible open ocean views AND protected dockage AND a 20,000 lb. boat lift! Grab this opportunity to make this your Piece of Paradise. This home is ready for a makeover, seller has plans and the permit has been picked up for an expansion and remodel to make it 3 bedrooms and 2 baths on the main living level. There is room for a pool and there is plenty of parking. Located in the heart of Tavernier only minutes from popular shopping, restaurants, bars and boutiques but this home is a world away from the hustle and bustle. When youre here you have unobstructed ocean views, feel the ocean breeze, fish from the dock or just relax on the deck. This is a one of a kind opportunity! Florida Keys Real Estate and Homes For Sale.
Luxury resort-style Estate Features Four (4) Custom Homes. Live in Ultimate Privacy on approximately 5 Acres. Own it all or share it with family members. Every Bedroom is King-Size Master Suite Quality with Full En-Suite Baths. Welcome to PARADISE Cove a Gated Oasis adjacent to a 30 Acre Mangrove Preserve. Live with Beauty, Privacy, and Tranquility. Live Extraordinary with Absolutely Beautiful 180 degree Atlantic Ocean Views. Live a Mariners Dream with a Private 9 Boat Slip Marina in a Private Channel. Own Bay Bottom. Includes a Clubhouse and a Workshop with room for all your toys. . Currently some of the homes are part of a Successful Luxury Vacation Rental program. Parking for 10+ Vehicles 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.
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.
RARE FIND, GATED, SPECTACULAR BAYFRONT PROPERTY IN PRIME LOCATION. Just what you have been waiting for...a bayfront beauty! HUGE LOT. Large, deep, lush property with beautiful water & views. Extraordinary opportunity to enjoy, make your own and lots of room to build your dream home/guest home! BEAUTIFULLY APPOINTED & GATED - OPEN BAY VIEWS & SUNSETS! Walk to the Sailboat club, restaurants and shops. Florida Keys Real Estate and Homes For Sale.
Gorgeous ocean front Lower Matecumbe home. Nothing but views and natural light from this 2002 built concrete fortress. Large, natural, sandy beach with new pool and outdoor kitchen allow for entertaining options that amaze. Inside tastefully updated and well maintained with all the comforts a family could need. Plenty of storage downstairs for all your water toys and enclosed garage area for the fishing enthusiasts tackle. Wade the shallows for Bonefish or just take in the breathtaking beauty of the ocean, whatever you desire this home brings your dream of keys living to life! Freshly painted exterior and interior. New ACs 2017. Popular monthly rental and offered furnished! Florida Keys Real Estate and Homes For Sale.
Opulent, alluring and meticulously detailed, this Islamorada Estate is where perfection meets the Bay ~ welcome to The Fish Ranch. Located on Plantation Key, The Fish Ranch estate features two (2) single family residences plus a media house, and cabana with outdoor kitchen. World-class designs make this one of the more distinguished estates for the most discriminating buyer. 100 swimming pool with two beach entries, hot tub, 250 of sandy beach, putting green, dockage, architectural designed landscaping with fire pit and lighting throughout. Also included with this property is an additional 19,729sf lot. 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.
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.
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.