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.
Latitude Adjustment perfectly describes this remodeled canal front home on Lower Matecumbe Key, Islamorada. Fresh, bright and with soothing tones will provide an atmosphere for relaxation! 5 BDS / 3 BTHS all above flood. The upstairs has 3 BDS /2 BTHS. The Master ensuite offers access to the porch & a large walk-in closet. Your guests will enjoy their own space downstairs with a separate entrance. Downstairs offers 2 BDS / 1 BTH and a living room; the bedrooms are overlooking the pool area. New metal roof, new hardy board siding on the entire house, impact windows & doors, Porcelain tile throughout, inside laundry room. Fiberglass pool surrounded by pavers, 70 of concrete dock, and a homeowners park which offers a beach, tiki huts, picnic tables and grills. 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.
Craig Cay Island Estate - A unique opportunity for a buyer to participate in this exciting Pre-Construction project, affording the buyer an option to choose their interior finishes, based on their personal preferences. When completed, this magnificent, ground-level & sprawling, 9,737 sq. ft. home will be an exceptional masterpiece, with 6 bedrooms, 6 full baths, 2 half baths, exercise room, full entertainment room (above the dining room), glass solarium, tackle room, 3 car garage, captains quarters (above the garage) overlooking the 300 of deep-water, protected boat basin with 106 of concrete dock and a custom, 222 long pool which will wrap around both sides of the house, facing the bay. A unique feature will be the Safe Room, constructed of concrete walls with fiber carbon laminat Florida Keys Real Estate and Homes For Sale.
Escape to your very own private island...East Sister Rock. Just a 5 minute boat ride to Un-rivaled seclusion. Un-rivaled privacy. Open water views for miles. 3 Bedroom, 2 Bath, 2300 square foot, Bahamian style home with open living areas, views from every room, high ceilings, sliding glass-doors and wood floors throughout. 2880 square foot wrap around covered deck. Salt water moat, pool, sundeck, 1 bed/1bath guest cottage. The property also features: 4 boat docks including 1 on mainland, a boat, a helicopter pad.Please inquire about possible fractional ownership.The island is off the grid, totally self-sufficient with solar and wind energy generators. WiFi available.Explore the surrounding reefs, go fishing or diving right from your island. 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.
Perfect home for large families or investment property! This truly unique property has 151 of bayfront in prestigious Buccaneer Point has 2 docks, 2 boatlifts, on 2 lots with 2 sets of views; one from the main house and one from the guest house. The main home offers 3 bedrooms/3 ensuite baths, cathedral ceilings and open floor plan, that allows endless views of the Florida Bay from virtually every room. Lounge by the pool and summer kitchen with cabana bar or go upstairs to the CBS bay side guest cabana house equipped with sleeping area, bathroom, and wet bar. Amenities include: elevator, electric gate, fenced yard, covered parking, two large storage rooms and native privacy landscaping. This bay side retreat is a well kept secret in Buccaneer Point! Easy access to the ocean via Florida Keys Real Estate and Homes For Sale.
Spacious water front home on ocean side direct access canal on Lower Matecumbe with 3 bedroom and 2 baths on main split level with additional 1/1 ground level apartment and garage. Beam ceilings, new roof, fresh kitchen, open and spacious with large rooms and great common living area. 75ft on the water with a straight shot out to the reef literally. Located at MM76, close to all the Village has to offer yet just far enough away to enjoy the tranquility of Lower Matecumbe. 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.
Got Boats? This Venetian Shores 5/3 pool home is the ultimate boaters paradise, offering 170 feet of continuous dockage on the widest, deepest canal in Islamorada next to the only drawbridge in the Keys! Looking for the perfect home for an extra long, wide or tall ship? Or do you just have more boats and toys than dock space? Call today to see this all concrete home with a concrete roof, elevator, 4,209 sf. of living space, large two-car garage and a huge rooftop deck. Did we mention the brand new pool with beach entry AND hot tub, AND the new 20,000 lb. boat lift? And dont worry... the entire downstairs guest apartment is above flood! Fully gated for your pets and privacy, gated paver driveway, security camera system, tiki hut and more! Call today. Florida Keys Real Estate and Homes For Sale.
Endless Summers--is set amongst lush native foliage, surrounded by over 10 acres, offering unparalleled privacy, with a sandy beach, and stunning ocean views. This large must-see custom built concrete home is situated on a private gated peninsula. After meandering down the winding driveway, one is impressed by this uniquely designed home suited for a large family and designed with guests and ease of entertaining in mind. This house offers the unique natural setting that celebrates the nature and wildlife of the Keys. Enjoy the quiet solitude while practicing yoga on the beach or soaking up the energy from sunrises and sunsets from the roof top pool deck offering incredible privacy and views. This house would also be suitable for two families to share. Designed with the capability of being 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 and three (3) building rights, which allows for more houses to be built on The Fish Ranch or transfer them to another parcel of land. Florida Keys Real Estate and Homes For Sale.
A rare opportunity to own a perfectly located & expansive bayfront estate in Key Largo! This gorgeous 4 bedroom, 4.1 bath home has everything & more! Theres no shortage of windows on this home to enjoy endless sunsets & panoramic bayfront views. The open living area includes a spacious kitchen, dining room & library. Each bedroom includes its own private bath. This amazing dream home also features garage parking for 3+cars, beautiful landscaping, a large heated swimming pool, a private beach, a 100 ft dock, relaxing covered porches, as well as balconies off the upstairs bedrooms. Built in 2006 with the highest structural integrity. **The adjacent parcel with guest house & garage (128 Point Pleasant Dr.) may be offered with this property for a combined price of $4.1M for both parcels** Florida Keys Real Estate and Homes For Sale.
Oceanfront CBS 3 story home on Largo Sound! Owning this modern Shoreland Drive home will feel like youre vacationing at your own private resort. As you go up the elevator to each level the porches are larger and ocean views more breathtaking! Enjoy the protected dockage and serene waters off Largo Sound. The solid concrete roof, impact windows and doors will give you added security and peace of mind. This completely updated 4 bed, 3 bath home features 2 waterfront living levels and a coastal white island custom kitchen with granite, wood staircase & elevator to all levels. Separate entrance to 3rd level if desired. Add a summer kitchen, bar and backyard pool! Entertain on the rooftop deck or ground floor area downstairs. Covered carport spacious enough for your toys with storage. Florida Keys Real Estate and Homes For Sale.
HOME IS BEING REMODELED (once completed new pictures will be posted). Prestigious Venetian Shores, 3rd lot in from Snake Creek and 100 of dockage. This 5 BD/ 5.1 BA + office (6th BD) home offers over 4,000sf of living space - ALL PERMITTED AND ABOVE FLOOD! 2 separate living spaces with 3 BD + office / 3 BA upstairs and 2 BD / 2.1 BA downstairs. Outdoor living space - full outdoor kitchen, with has a dishwasher; saltwater system/ heated pool; fire pit, and tiki. 1,000 gallon propane tank for whole house generator, grill and fire pit. Temperature controlled garage or man cave! Low maintenance yard w/ separate water meter. Home has been well maintained and comes furnished. Florida Keys Real Estate and Homes For Sale.
This BREATH-TAKING ocean front, new construction home is nestled behind 6 ft privacy gates. Walk into an expansive, blank canvas, open concept great room & make it your own! Kitchen showcases marble waterfall counters & large island, wood cabinets and soft close hardware. High end, ceramic drift wood style tile floors throughout the entire living area. All windows and doors are hurricane/ impact proof. 11 Ft ceilings in the great room & 10 Ft throughout. 3 of the 5 bedrooms have an-suite bathrooms. Multiple french doors overlook the pristine sandy beach & ocean. All exterior porches are made with TREX flooring material & custom made aluminum railings. Pool with sundeck & spa overlook your private beach & ocean. Relax & enjoy your island paradise. Florida Keys Real Estate and Homes For Sale.
Florida Keys Real Estate and Homes For Sale.
CBS home PLUS adjacent lot in Port Antigua! This home has about 130 ft. of dockage and a boat ramp, a poured concrete roof and a great open floor plan. With 3 bedrooms and 2 baths upstairs and another large area with separate bath downstairs, this home will accommodate a large family or lots of friends. The home has large deep porches on both the canal side and the street side and stairs to the front and back yard. The downstairs enclosure and bath were permitted with the original construction and are presently used as living area and bedroom with bath. The buyer can sell the adjacent lot should that be their desire. Dont miss the opportunity to purchase this awesome Port Antigua property! Florida Keys Real Estate and Homes For Sale.
This 4/3 with a Den is Centrally Located in the Heart of Tavernier Florida, Blue Waters Community, all New 2018 Cbs Construction, Ceramic Floors, Hurricane Impact Windows, Metal Roof, has a Beautiful Kitchen with a Center Island, Stainless Steel Appliances, 40 Dock with Ocean Access. Lower Entertainment Room with a Wet Bar, Central Vacuum Cleaner. Family and Dining on the Second Floor. 2 Storage Rooms, one inside on First Floor and the other one at Bottom Dock. 5 min to Harry Harris Park, the Home is Elevator ready in case the new owner would like to put one. 2 air conditioning systems. 5 min to CVS, Walgreens, Win Dixie, 10 min to Publix and many restaurants close by. 1 Hour to Miami. Is 5 Oclock somewhere and Boaters Paradise is Waiting for You. Florida Keys Real Estate and Homes For Sale.
Over 125 feet on the bay with expansive views, this 4 bedroom/3 bath home is a waterfront playground. It is landscaped and features a bay front pool with spa, protected deep-water dockage, boat ramp and 2 car garage. Property has its own private sandy beach and a entertaining beach side tiki. This home is the ultimate in tropical island living Florida Keys Real Estate and Homes For Sale.
Ideal home for Keys Living in desirable Venetian Shores! Afternoon shade cools the private, tropically landscaped pool area of this 4 bedroom canal home. On the main floor, an updated kitchen with walk-in pantry/laundry is open to large living and dining areas leading to a pair of guest bedrooms and two bathrooms. Huge screened patio overlooks the canal. Ground level holds a welcoming foyer and very large guest suite with that opens to the canal and the pool area. Top floor spacious master suite with peekaboo bay views and vaulted ceilings. The crystal clear canal spills directly out to Snake Creek providing quick easy access to ocean and bay - with no fixed bridge. Davits and a #16,000 lift make this a boaters dream. Storage galore inside and outside the house. Great rental history! Florida Keys Real Estate and Homes For Sale.
SUPERB LOCATION in desirable Venetian Shores, one property in from Snake Creek, DEEP-WATER DOCKAGE and immediate OCEAN/BAY access! Recently beautifully remodeled, spacious 5bd/5.5ba, rec room on 3rd floor, crows nest on 4th floor offering Snake Creek views, guest apartment on ground level with screened porch, large screened porch off kitchen and living area, 27 ceiling height in great room, fireplace, impact windows, multiple porches, 1000sqft four car garage with storage room, 100x12 concrete dockage with 50/30 amp service. Attractive new brick-paved driveway and new landscaping. This property has so much to offer for you to enjoy the FL Keys Lifestyle! Florida Keys Real Estate and Homes For Sale.
Custom built 3/2 plus large office, was built to 175mph wind loads with impact windows and metal roof. Office can be easily converted into a 4th bedroom and the laundry room which is next to it to a bath, making a 4th bedroom and 2nd large on suite. Large open split floor plan design with custom kitchen, large patio and even a boat basin on this flow thru canal loaded with marine life. Big boats not a problem. Plenty of room for a pool. Lots of space between neighbors. Double garage plus, 500 lbs. ice machine, boat lift and davit. Tropical landscaping and plenty of room for a pool. This is truly comfortable Keys living and the home is turnkey waiting for you. see virtual tour you will not be disappointed. Florida Keys Real Estate and Homes For Sale.
Open Bayfront Estate in the very heart of downtown Islamorada with dockage, separate guest house and a bayfront pool! The Winston is currently featured by AWE TV on Episode 8 of Selling Private Islands for its amazing location and endless views. Enjoy nightly sunsets from your living room in the modern, updated 3 bed/3.5 bath main home originally built in the 1950s by one of the areas founding families. Welcome guests to stay in the comfort of their own 1/1 guest house and enjoy fishing, boating, fine dining, shopping, art festivals and Islamoradas 3 hometown breweries! This expansive parcel also offers a long winding driveway through a lush front garden on 1.68 acres of upland. The estate also includes .34 acres of baybottom which encompasses the boat basin and jetty. Must se Florida Keys Real Estate and Homes For Sale.
Tranquility on Tarpon Bay ~ This is a rare opportunity to own almost 4 acres on the bay with 200 feet of bay frontage and a stunning residence. Enjoy entering through your own tree lined natural drive where you are greeted at the gated entry by locally quarried coral entrance columns, custom made copper sconces and brick paver driveway. The home immediately commands a presence with the artfully designed roof overhang of synthetic shake shingles designed to enhance the home further from the high pitched concrete roof, complimentary cooper sconces on the columns, double impact entry doors and sweeping stairwell. The newly designed interior will not disappoint with the cathedral styled high ceilings, rare for a concrete roof, and a one of kind sculpted mangrove chandelier highlighted by the Florida Keys Real Estate and Homes For Sale.