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.
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.
Dont Miss Out on this Amazing Oceanfront Four Bedroom Home built in 2016 with over 90 ft. of Ocean Frontage and over 80 ft. of Canal Frontage!! This is a Premium location in Marathon at MM52.5 on nearly half an acre of land!Not only is the home essentially brand new; it also comes with fully approved permits & engineering plans for a 75 foot dock & boat lift &engineering plans for a 1,054 sq.ft. downstairs enclosure!!Tile floors & crown molding throughout, stainless steel appliances & quartz counter tops in the kitchen & both bathrooms! Enjoy stunning water views from 3 of the 4 bedrooms & cook out on your 528 sq.ft. back porch while watching the gorgeous sunset! Bring your trucks & RVs as theres no HOA & the lot is over sized with covered parking! 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.
Phenomenal opportunity! Stunning, stunning, stunning Florida Keys Oasis. Aero-Largo. The setting for countless photo shoots and commercials, this seductive Bayfront Estate is what dreams are made of. Stroll right into crystal clear water from your own white sandy beach. This is your canvas. Bask in privacy, or entertain like no other. This home offers extreme flexibility. With 3 bedrooms + office in the spacious Main House, gorgeous gourmet Kitchen and Dining Room, and a separate detached Guest Suite. So many amenities! Huge, Deep Dock and Tiki, outdoor grill and pizza oven, outdoor bar, seaplane dock, boatlift, outdoor showers, custom-built pool and fountain, three garage spaces, massage Tiki, all nestled in a gated, estate sized natural hardwood hammock. Best value in its class an Florida Keys Real Estate and Homes For Sale.
90 Tingler is one of a kind, custom estate with striking views of shimmering turquoise water and is located within the exclusive ten home private community on Tingler Island. This oceanfront home offers a two-story grand foyer, a sizable living area with tons of natural light, a showcase kitchen, five bedrooms, four and a half baths, two remarkable master suites, as well as, a media room/library/bar perfect for entertaining. The exterior is just as breathtaking as the interior. As you exit the multiple French doors, you step out into a large deck with an oceanfront infinity pool and spa. This outdoor space ideal for hosting with its stunning ocean views of East Sister Rock Island and beyond. In addition, Tingler has a T-style dock and a two-car garage. 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.
Welcome to Seagate Pointe...a coveted open oceanfront estate surrounded by the sparkling blue Atlantic on three sides with protected dockage, oceanfront pool and 5,020 sq.ft. of beautifully updated living space. The 5 bed/5.5 bath home was completely remodeled by DAsign Source to embrace expansive ocean views on every floor and incorporate classic, artistic details throughout. Theres also an eat-in gourmet kitchen with Wolfe gas stove and a wet bar by the pool table. Outside enjoy new travertine tile on the front drive and concrete dock that flows around the home leading to the oceanfront pool and party deck, all surrounded by new tropical landscaping and new electronic entry gates for privacy and security. For boaters, Seagate Pointe offers protected dockage for two or more boats. 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.
Hard to find a property like this! 1 canal from the Ocean. This 4B/3B home screams Key Largo from the moment you enter and discover every nook and cranny. Spacious open living and entertainment area combined, complete with Nautical Style Chefs Galley Kitchen loaded with goodies. Custom Bar built to fit. Living area opens up to a 440sf screened patio with built in stainless gas grill. This home comes completely furnished, check out the loft with pool table and a private balcony. 20 x 32 Covered Boat slip with 2 boat lifts & overhead lighting. Just 15 minutes to Molasses Reef once you crank the motors! Completely Fenced, walled and Gated with Custom Designer Gate. Come to Key Largo and call for an appointment! 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.
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.
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 newly remodeled home truly offers an incredible setting. This home is the 5th home in from the Bay, and is move in ready. This 4 bedroom and 3 baths Waterfront, Pool home with Garage is in immaculate condition. Beautiful white Kitchen offers Quartz counters and Stainless appliances. Additional features, modern white porcelain tile throughout, impact resistance windows and doors, metal roof, heated pool. First level offers a resort like entertaining setting with gorgeous summer kitchen, bar area, dining area, sitting area with TV, and lounging area or sun bathing. Second level offers the Kitchen, Dining, living, laundry, 1 bedroom and 1 full bath. Elegant dark wood stairway leads you to 3rd floor foyer with huge master bedroom suite, 2 additional bedrooms and 1 full bath. Florida Keys Real Estate and Homes For Sale.
The Heron House at Tarpon Point overlooks the ocean front pool and offers open water ocean views. This spacious 4 bedroom, 4 bath home is well appointed with custom cabinetry, granite counters and elevator. Chefs kitchen with stainless steel appliances and dual-fuel Wolf range. Whole house generator, California closets and impact resistant windows and & doors. Amenities include beach, dock, tropically landscaped gated community. Call for your tour today. Florida Keys Real Estate and Homes For Sale.
Calling all families and friends looking for two separate complete living spaces Up and Down! 4 bedrooms and 2 baths, nearly 2,000 square feet of living space. Turn Key, completely updated and renovated waterfront home, including all new electrical and plumbing! Ocean side with direct ocean access. Located In Plantation Key (Islamorada) next to Tavernier Creek, this concrete home including the roof, boasts all impact glass windows , neutral porcelain tiles, custom wood cabinetry, open concept living with bar, Spa style bathrooms, granite counter tops, stainless appliances, extensive brick pavers, a fully fenced yard with custom aluminum work, professional landscaping, electric retractable sunshade, new outdoor kitchen with chiseled travertine , tiki hut at waters edge, 1 Hr to MIA. 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.
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.
Located in the desirable Port Largo neighborhood, this property is a spectacular custom design with over 6,500 sq. ft. of grand living area. This rare home features exquisite custom finishes throughout which include; two master suites, three en-suite guest bedrooms, and a remarkable entertainment room which can also be used as a gym, yoga studio, or play room. The showcase kitchen island brings a modern flair with top-of-the line appliances. Enjoy the outdoor living space with several covered porches and decks overlooking the swimming pool. Outside you can also find a 60 ft.+ dock on a deep-water canal with direct ocean access. This brand new, one of a kind residence, presents the ultimate living experience with quality and casual elegance. 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.
***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.
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.
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.
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.
Casa Point on Caribbean is uniquely positioned in the exclusive community of Port Largo and boasts an extremely rare 195 ft of deep water dockage. This 6700 sq ft especial home has over 4900 sq ft of living space accompanied by 6 bedrooms and 4 1/2 baths. It will accommodate the largest of families with luxury living and fabulous entertaining. Grand entrance, an immense chefs kitchen with industrial appliances, swimming pool with slide and spa, 2 car garage, 2 laundry rooms, and 4 zone A/Cs are just a taste of what you will encounter in this illustrious home. Florida Keys Real Estate and Homes For Sale.