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.
Perfect opportunity to build your dream home in the Florida Keys on a 3 lot parcel in the Village of Islamorada. This property consists of 3 buildable lots with an existing home located on the center lot. Please see attachments for a copy of the survey and additional information provided in the appraisal. Property is on the bay side, jus minutes to Tea Table and access to ocean. Florida Keys Real Estate and Homes For Sale.
Brand New Construction with all the bells and whistles. Waterfront 5/3 with storage, pool. 60 dock with lift, plenty of room for all your toys. Direct access to the ocean. Florida Keys Real Estate and Homes For Sale.
Welcome to BEACH CHIC. A Tropical Modern Escape - The perfect pool home to relax & enjoy outdoor living all year long. This stunning CBS home has been recently & tastefully renovated. Open & spacious floor plan offers soaring high ceilings throughout, large gourmet kitchen, quartz island-bar. Custom driftwood lighting in dining area with buffet, wall of windows with natural lighting. Wood look tile floors throughout. Impact windows & doors, concrete roof. 70 concrete dock with 24k LB boat lift, Gated entrance with covered parking area, large entertainment area with teak pergola. Gorgeous lush landscaping located in Prestigious neighborhood of Port Largo with deep water access. Large playroom w/wet-bar & bath on 1st floor. Outdoor area to entertain. Only 1 hour from Miami. Florida Keys Real Estate and Homes For Sale.
Welcome home to Casa Cayo in prestigious Port Largo, in the heart of Key Largo. Cool off, relax & unwind in spacious pool & spa home on over sized lot. Kick back and chill in your piece of paradise offered fully furnished 3/3 plus 1/1 on 1st level, updated kitchen & baths with plantation shutters, gorgeous lighting and other amazing finishing touches. Private master suite on 3rd floor with beautiful large bath with tub and shower with jets. Large walk in closet. Bring your boat, concrete dock 35k lb boat lift. Large covered terraces, 2 garages and lots of great storage, room to store RV, cars, trailers and more. Seller financing possible. Easy commute to & from Miami, steps to the KL community park with tennis, basketball & much more, restaurants, entertainment, shops, and . Florida Keys Real Estate and Homes For Sale.
Sunsets galore and from every floor. One of a kind bay-front estate with lots of privacy, sandy beach, great dockage and 2 of everything (2 master suites, 2 living areas and more). This open water home built in 2002 boasts 6 bedrooms and 2 separate living areas with room for 2 families and more. The property can be used in its entirety or be used as a vacation rental; the possibilities are endless. Its great location puts it close to Miami for an easy commute. Investors beware. Florida Keys Real Estate and Homes For Sale.
This parcel to be sold together only with contiguous parcel@ 95325 Overseas Hwy, AK#1592986,RE#00483360 000000 13 62 38 PT TR 5&6 SOUTHCLIFF ESTS PB2-45 & PT GOV LOT 1 & ADJ BAY,3.24 acres for grand total of 9.36 acres. Includes 1137 sf 1970 2/1 cbs home metal roof. Broker part owner/family owned. This unique wooded acreage has a deep basin with dolphin piling and channel directly on the ocean. Residential use (non-conforming) now, but commercial zoning.Best approval rating via Monroe County is MIXED-USE COMMERCIAL development. *Includes data for both parcels and for taxes. This is a duplicate listing also found in MLS as Commercial #579482, as both uses permitted. Florida Keys Real Estate and Homes For Sale.
Beautiful Oceanfront retreat. Main House is completely renovated with 3 bedrooms and 3 baths, including 2 Master Suites. Guest Cottage has Vaulted Ceilings with a full kitchen and large living area along with a private bedroom and bath. Beautiful unobstructed ocean views and private boat ramp. Oceanside Private pool and Tiki Hut. 2 legal units 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.
Waterfront Commercial CBS Building, with additional vacant lot & 3 boat slips plus 70 of additional dockage! This is a rare & excellent opportunity for someone to buy this piece of property. 140 of waterfront, and a total of 13700 sqft of land, 3rd, and 4th lot in from Ocean, providing excellent boating access. Two story concrete building with 1740 sqft under a/c. New roof, 2 new central a/c, new oversized chickee hut, Direct Ocean access to the best dive spots/reefs & fishing spots in Key Largo. You could operate your business from here & live upstairs, or simply have offices upstairs, & run the business downstairs. Rent the upstairs living quarters & run business downstairs. There are a lot of options & business opportunities here. With an open mind you could do a lot from here. Florida Keys Real Estate and Homes For Sale.
Exclusive Privacy and serenity envelopes you from this bay front estate with over over 1 acre of property that runs from the highway to the bay. Entering the property you will wind your way through the shady hardwood hammock serpentine drive to the landing of this David Harum designed beachfront Key West inspired home, with a rare private white sand beach . This two bedroom 2 bath home has soaring ceilings and an additional 13x13 loft with vistas of the main living level. The kitchen boasts solid wood cabinetry , granite counter-tops, stainless appliances and a sit up bar. A boaters dream ,there is an imposing 168 foot dock with an observation deck, two swimming platforms and dolphin poles to moor a vessel with a 11 beam. SR zoning allows for legal weekly vacation rentals. 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.
Open Oceanfront Estate with Deep Dockage on 1.5 Acres on Millionaires Row... Islamoradas premier address. Brand new dock with two new boat lifts to enjoy the best boating in the Keys! Spacious 4,103 s.f. home with 4 bedrooms, 3 full baths, a large heated pool, winding private driveway, and a soaring central atrium surrounded by walls of windows to frame the ocean view. Open ocean views from the living room, Florida room, porches, master bedroom and upstairs loft. Living room with wet bar and pass-through window to the gourmet kitchen and separate dining room, all with Saturnia stone floors. Direct boating access to the best offshore fishing and diving, plus quick Florida Bay access. RE Zoning allows weekly rentals for income potential. Call today! Florida Keys Real Estate and Homes For Sale.
Exquisite residence offering rare oversized lot with 90ft of dockage, 16,000 lb boat lift, davits, & fish station with water & electric. Located across the street from the Atlantic Ocean with wonderful vista views. Extensive list of updates include new metal roof, 2 new central AC systems, impact doors, new kitchen with granite counters & stainless steel appliances, professionally painted inside and out, new tile floors, and much more. Shows beautifully Square footage includes 600 sq ft legal ground level enclosure with approved finishings. Paver drive, Oceanviews from Master Suite, Undercover Parking, sprawling yard, room for a pool, privacy, all located at a dead end street in quaint private Tavernier neighborhood. Owner ready to Sell! Possible Owner Financing Florida Keys Real Estate and Homes For Sale.
Old Florida Charm lovingly updated! The moment you enter this special home, the stress starts to melt away and you completely relax. Soaring Dade County Pine ceilings painted white add to the spacious feel of the open concept living area with amazing views of Florida Bay. This five bedroom, four bathroom home is situated in an estate-like setting on a third of an acre with plenty of room to add a pool and more. Catch fabulous sunsets from the pier as you watch dolphin and manatees cruise by. Relax on your own private beach, or slip your kayaks and paddleboards right into the bay. Everything about this home is designed to create comfort and peace. On the ground floor are the main bedroom, two guest bedrooms and three full baths, along with the living room, kitchen and dining area. Florida Keys Real Estate and Homes For Sale.
No expense has been spared during the complete renovation of this Prestigious Port Antigua home. The community boasts a fabulous bay front beach and private boat ramp for residents only. Experience serenity upon arrival at this tropically landscaped home with circular paver drive and views of the sparkling canal. Follow the stairwell to the main entrance, or use the elevator from the carport to enter this lovely home where everything is new. Step onto Snow Pine porcelain flooring throughout. High ceilings with LED lighting evoke the sensation of extra spaciousness. Windows and doors are all impact resistant with Plantation Shutters. The kitchen is bright and airy with custom cabinetry, quartz countertops and mosaic tile backsplash, including an island providing additional cuisine prep Florida Keys Real Estate and Homes For Sale.
MAKE YOUR LIFESTYLE CHANGE AT PINEAPPLE PLANTATION! Are you ready for year round sunsets and panoramic bay views from this elegant custom built home? Start by entering this gated estate, meander through the extraordinary grand entrance leading you to an expansive great room with soaring ceilings and over 8,000 sq. ft. of living space offering chefs kitchen, media room 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 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. The 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.
EGRET Residence: Brand new construction! This oceanfront home is stunning! The Tarpon Point community is gated and lushly landscaped with amenities such as oceanfront pool, beach, dockage and full service all home generators. This spacious 4 bedroom 4 bath home also comes with an elevator giving access to all floors of the home. The kitchen is equipped with high end Florida Keys Real Estate and Homes For Sale.
An opulent luxurious tropical lifestyle awaits you in this completely renovated oceanfront estate. The owners have spared no expense & their attention to detail & appreciation of quality are seen throughout. 3 bedrooms, 3 bathrooms, a pool & master suite that encompasses the entire top floor, w/custom closets serviced by the luxurious elevator. There is a grandfathered in cut in 38 Boat slip , enormous storage /garage, covered entertaining areas. expansive exterior decking on all levels, custom powder coated aluminum railings, concrete construction, brand new standing seam metal roof, Anderson impact glass and casement windows and doors, Wolf appliances, Sub Zero counter depth refrigerator, Kohler plumbing fixtures, Dual zone wine and beverage center & 2 brand new Trane HVAC systems Florida Keys Real Estate and Homes For Sale.
Florida Keys Real Estate and Homes For Sale.
What an incredible location with endless views of the bay and deep water dock! This is a corner lot with water on 2 sides, 200 Ft +/- of concrete protected dockage, a boat slip, T dock and jet ski davit . Solid concrete construction including the roof. Expansive glass on the waterside of the house maximizes the incredible views. Large open concept entertainment area and tiled floors throughout. Expansive master suite encompasses the second floor and includes a master sitting area, bedroom with bay views, exterior concrete roof deck, and en suite bath. There is a concrete storage building, outdoor shower, accordion shutters, private boat ramp and a beautiful electric privacy gate. This is a wonderful island retreat, only 1 hour to MIA and yet a tropical world away! Florida Keys Real Estate and Homes For Sale.
Beautiful, private Florida Keys waterfront property with manicured beach and dock. The ideal family compound, fishing/eco-adventure lodge, diving & snorkeling facility or leave as is - a small, easy to run, turnkey boutique hotel with stellar reviews. Suburban Commercial zoning makes it the perfect 1031 exchange if youre looking to escape cold winters and you can rent daily if not using personally. On Blackwater Sound, with fantastic views and easy access to the Ocean or Florida Bay, the possibilities are endless. Perhaps expand your six beds into a 14-unit boutique hotel with additional licenses or redevelop as a multi-family estate. Makes a perfect income-generating family compound. Possible to build an owners home under employee housing without going through ROGO. Owner/Agent. Florida Keys Real Estate and Homes For Sale.
This is the Florida Keys Dream Home you have been waiting for! Serious boaters will love the ideal location - just off Snake Creek with quick, easy bay AND ocean access. Wide, sparkling clean canal and 16,000# elevator lift. Foyer with interior stairs provides flexibility in the way you use the home. Foyer leads to HUGE one-bedroom guest suite with entry to canal and pool, or use the interior stairs to enter the open concept living area. Views are over the canal and pool - and even a peek of the bay! Main level holds two more bedrooms and two baths. The 3rd floor is a huge master suite with cathedral ceilings, deck and bay views. Gorgeous 15 x 30 pool is shady in the afternoon and surrounded by easy to maintain landscaping. Lots of storage! Great layout for rentals or large families! Florida Keys Real Estate and Homes For Sale.
Florida Keys Real Estate and Homes For Sale.