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.
Executive Home! Elegant 5Bd/4Ba 3 Story CBS Pool Home on a direct Ocean access canal. 3760 sf, built in 1999, completely renovated in 2008, with new pool. Being sold furnished. 2018 new Impact Doors & Windows and exterior paint. This Luxury home has it all! Separate ground level in-law or guest quarters. 3B/2B on main level. Entire 3rd floor is the owners bedroom suite. Beautiful Chefs Kitchen with Island & dining area separate from dining room. Pantry, large laundry room with storage. 70 concrete dock with a Boat lift and a set of Davits. Great location in North Key Largo. Easy commute, 45 minutes to downtown Miami and only a few minutes to the reefs for the divers & fisherman, or to the Bayside resteraunts. Marina and Fuel Dock one canal away. Meticulous buyers, come take a look! 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.
Hammer Point! 4B/4B Custom Built Pool home with Garage. Brand new construction with top shelf finishings. 11 Tray Ceilings w LED lighting and wood floors throughout. Chefs Kitchen with Quartz counters and SS Thermador appliances. 1B/1B at ground level. Elegant stairway to 2nd floor foyer. Huge main bedroom suite on 2nd level with walk in closet, luxurious bathroom and private balcony all overlooking pool & canal. Ensuite Bedroom and Bath with walk-in closet and private balcony. A 3rd Bedroom and family Bathroom. 7600 sf lot with 40 foot of dockage with Davit Pads. Enjoy the crystal clear water of Hammer Point and quick Ocean access via Tavernier Creek. Florida Keys Real Estate and Homes For Sale.
Live on Florida Bay! This charming island-style 3/2 has open water views, a dock with 4-post boat lift and a sandy beach area in desirable Buccaneer Point. Just come down, relax and unwind! With new impact windows (2017), new metal roof (2015) and fresh paint, this one is ready to move in and enjoy. Located on an extra large lot, there is plenty of room to park trailers, RVs and other toys, plus theres a 2-car carport. Theres also a large storage room/workshop, fenced backyard, hot tub and new outdoor shower. Kick back on the open water view screen porch or in the large top floor master suite with bay view balcony. Offset your expenses with repeat rentals if desired. This perfect Keys retreat is only an hour from Miami. Dont miss this great opportunity! 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.
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.
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.
BOATERS DREAM in PREMIER VENETIAN SHORES! Spacious and well-maintained SOLID CONCRETE home offering 3bd/3ba, legal downstairs living quarters. Relax POOLSIDE in a beautiful custom concrete pool with spa! 70 of concrete DEEP-WATER DOCKAGE and 100 wide canal! Immediate ocean and bay access through Snake Creek! Florida Keys Real Estate and Homes For Sale.
Location, location! Keep all your boats in the water at this 100 foot long dock just minutes away from the Atlantic Ocean in Islamoradas most desirable boating neighborhood, Venetian Shores. Located on a 100 foot wide canal, you can turn your yacht all the way around in these canals and enjoy immediate access to Snake Creek, the main channel between two islands which also provides quick access to Florida Bay for nightly sunset cruises. This all concrete 2/1 up with a separate 1/1 guest suite downstairs is ready to live in as it is, or expand and update to suit your needs. All concrete with a concrete roof and impact windows plus an expansive low maintenance yard. Plenty of room on either side for a pool, and endless parking for your cars, trucks, boats, trailers and toys! Call today! Florida Keys Real Estate and Homes For Sale.
A one-of-a-kind 4.33-acre estate on Upper Matecumbe Key. Enter the gate and follow the classic brick driveway to one of Islamoradas most private settings. The main house, which is above the flood zone, offers two bedrooms and two-and-a-half bathrooms, featuring high beamed ceilings, tile floors, and ocean views. A guest cottage offers one bedroom, one bathroom, and a large sitting room. Watch the colors of beautiful sunrises and incredible sunsets reflect off Alligator Lighthouse from all rooms. Look for tailing bonefish and wading birds, or just sit by the pool and relax--Mother Nature is your living room. A caretakers cottage as well as a guest cottage can be added to the property as of right. Two additional lots have the possibility to be rezoned. 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.
Mesmerizing water views from just about every room in this four-bedroom, three-and-a-half bathroom home including downstairs guest quarters. This beautiful house with beach access has a multitude of amenities such as natural coral accents, a gourmet kitchen with custom wood cabinetry, double ovens, and bar seating. The wonderful outdoor living spaces include an in-ground pool with a heater, chiller, lights and a waterfall, and terraces with open ocean views. Additional amenities include dockage for two boats, electric shutters, a multi-car garage, a workshop, and an elevator with etched glass artistry. The third floor is all master suite with elevator access, dual walk-in closets, an office, a sitting area, a spacious master bathroom, and two balconies for sunrise and sunset views. 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.
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.
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.
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.
Villa Morada. Enjoy the phenomenal Islamorada lifestyle in this just completed Home! Everything New! 3 Bedrooms / 2 Baths upstairs and lovely, legal 1/1 guest suite, downstairs with separate entry. Stunning open stainless and granite kitchen, huge Living Room. Metal Roof, Rare Garage, and full Veranda overlooking the picturesque canal help make this home special. This Keys Oasis is ideal for entertaining. With 70 Feet of dockage. and super proximity to both Florida Bay/ Gulf and the Ocean, your boat can spirit you away to world class fishing and diving. Fantastic White Marlin Beach Community with its own rare sandy beach! THIS is your Bucket List Opportunity! 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.
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.
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.
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.
***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.
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.
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.