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.
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.
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.
This fabulous Port Antigua home is ready for a new family to enjoy! Vaulted tongue in groove ceilings and clerestory windows in the open living area let in the natural light. Features include travertine floors throughout, 3 Bedrooms and 2 baths on the main living level, separate laundry room/pantry and another bedroom and bath on the ground level. The downstairs is above flood and permitted, making this a large home for guests and extended family to share! The backyard is accented with pavers and leads to the 60 ft. concrete dock with a 20,000 lb. boatlift. The carport and garage give protected storage for golf carts, jet skis, etc. The Port Antigua Homeowners Park offers a beautiful sandy beach with tiki huts and BBQ grills for property owners as well as a boat ramp within the community. 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.
Rare offering in Port Largo in this 6700 sq. ft. attached multi-family CBS waterfront home! Architecturally designed and constructed with concrete block to take full advantage of peek a boo ocean views, living space and privacy. An industrial elevator takes you to each living level with private entrances. Each level has 2 ensuite master bedrooms and huge walk in closets and 2 guest bedrooms. The 2nd level has a brand new granite kitchen, new hardwood cabinets, and keystone accents in the separate entertainment area, wide porches and both levels have ocean views! The ground level has a full bath for convenience. Other features include a gated and fenced in yard, 2 brand new AC units, 2 carports, a cistern in enclosed storage area, and room for a summer kitchen and pool. Florida Keys Real Estate and Homes For Sale.
Living is easy in this 3,200 sq. ft., CANAL-FRONT home with bay & ocean access. Cozy up to this BRAND-NEW custom built 4/3.5 concrete home in the heart of Plantation Key.Entertaining spaces flow out from the upstairs great room, a gourmet kitchen equipped with top of the line appliances, quartz counter-tops and custom-built cabinetry. Enjoy the serene master suite with a spacious walk-in closet, large shower, his & her sinks and a vanity. Completing the upstairs, you will find two additional guest rooms connected by a full bath, half-bath close to the living area and a large laundry room doubling as an office area. The downstairs level houses a wet-bar, living area, guest suite and full bath which are steps away from the outdoor living space, synthetic grass, lounge pool and 70 of dock. Florida Keys Real Estate and Homes For Sale.
An oceanfront, modern, three-story home located on Largo Sound. Each level of this resort-like home features spacious wraparound porches with breathtaking ocean views. Enjoy the protected dockage and serene waters off Largo Sound. The solid concrete roof, and impact windows and doors give added security and peace of mind. This completely updated four-bedroom, 3-bathroom home offers concrete block construction, two waterfront living levels, a wood staircase, an elevator to all levels, and a custom white kitchen with granite countertops and an island. Theres a separate entrance to the third level if desired. Add a summer kitchen, a bar, or a backyard pool to complement this warm-weather oasis. Entertain family and guests up on the rooftop deck or down on the ground level. Florida Keys Real Estate and Homes For Sale.
Prestigious Port Largo homeCalling all BIG boaters, 3 story Substantial Island home in Port Largo greets you with its grand entrance, stairwell and soaring ceilings. 75 feet of deep water dockage and direct ocean access within mere minutes. Gated entry, brick paver driveway and concrete wall for fencing, adds to the grandeur of this home. Outdoor kitchen for dockside entertaining. As beautiful as the stairwell is, no need to take the stairs with an elevator to access all three levels. The bedrooms are all spacious with emphasis on the extra large master suite over looking the ocean. New kitchen with all the bells and whistles that a chef would enjoy. Extra large laundry room. Sought after concrete roof with a rooftop deck to enjoy the views.. Florida Keys Real Estate and Homes For Sale.
This home has it all! 85 ft. of concrete dock, with a boat lift, located on a deep water canal featuring an excellent location just 3 houses in from Tavernier Creek giving you direct ocean & bay access. There are 2 bedrooms & 2 bathrooms upstairs & 1 bedroom & 1 bathroom downstairs. New Swimming Pool, new roof, new pavers, new fence, new addition on upper level, plus lower level guest quarters, fish cleaning station, outdoor shower, storage with an ice machine & refrigerator and so much more! Florida Keys Real Estate and Homes For Sale.
Magnificent ocean view A gorgeous, comfortable and spacious brand new home located in a tranquil cul-de-sac setting. Delight in an ocean sunrise over breakfast in the stunning kitchen with large central island and large picture windows. This shiny new home has multiple living and entertaining areas offering space for family and friends. Features an elevator, 1/1 on 1st floor, and 3/2 upstairs. All rooms have generous light & space. Youll love the sense of space. 40ft of concrete dock with deep water access & straight shot out to the ocean. Covered paved parking. Must see to believe! Florida Keys Real Estate and Homes For Sale.
This original 1971 beach house has been entirely renovated, complete with a brand new top-floor master suite addition and fresh coastal design. The residence features solid concrete block construction, three bedrooms, two bathrooms, and legal downstairs one-bedroom, one-bathroom guest quarters. Additional amenities include a covered carport, plus a canalfront lot with protected dockage, a boat lift, a pool, and a bar beneath a tiki hut. This property is a must-see to appreciate the beautiful interior finishes, panoramic ocean views, and fantastic outdoor spaces. Florida Keys Real Estate and Homes For Sale.
The turquoise waters of the Atlantic Ocean are the backdrop to this spacious oceanfront retreat on over two acres. The moment you enter through the grand port cochere and double entry doors, youll be greeted by views of the ocean. In fact, the ocean provides a stunning backdrop for the living room, kitchen, home office, master bedroom, and breakfast nook. To feel the ocean breezes, look no further than the large covered porch. Two guest bedrooms and a spacious master suite provide ample accommodations. The ensuite master bath has a large jetted soaking tub and separate walk-in shower. Each guest rooms share a common bathroom, with large-walk-in shower. Youll also find a large laundry room, with a place for ironing and shelving for all of your storage needs. 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.
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.
Sapodillo Drive diamond in the rough with 40 x 61ft cut in boat slip and over 200+feet of dockable seawall on a secluded deep water private lagoon. 2 large bedrooms and baths on main living level, huge living and dining area encompassing approximately 1435 square ft on main level and 384 square ft storage with Pre-FIRM shower bath on ground floor. 2 bays of parking, room for skiff under cover and RV parking with pumpout, huge 16,000sq ft lot with room for expansion or ancillary features. A blank canvas for a new owner to come and put a fresh face on this extraordinary water front location. Ready to be transformed into your dream keys destination this home is located in an area of extremely desirable homes in the heart of Lower Matecumbe, Islamorada, Florida. Shown by appointment only. Florida Keys Real Estate and Homes For Sale.
Islamorada Venetian Shores 5BD/5BA with 100 dock and boat lift! This one has it all including a custom pool with spa and waterfall, elevator to all three floors and a totally private master suite on the 3rd floor with side den/office. On the ground floor is an elegant entry foyer and a spacious 1/1 guest apartment (above flood), plus a large garage and poolside cabana room. Enjoy Instant big boat access to both the ocean and bay from 100 wide, deep canal. Spacious home offers over 5,000 sf including porches, separate guest quarters and garage. There are booked rentals already in place and the house has a strong rental history to help offset costs. New flooring, camera system, brick driveway, impact glass, landscaping and more! Florida Keys Real Estate and Homes For Sale.
Come home to Sunset Paradise! This exquisite new construction estate will excite the discerning buyer who is looking for quality, uniqueness and all the beauty the Florida Keys has to offer. Two fantastic homes totaling 7 bedrooms and 8.5 bathrooms situated on 2.75 acres of private property with expansive views of the gorgeous Florida Bay. Nestled among the lush tropical landscape, this property will not disappoint. The main house features 5 bedrooms, 6.5 bathrooms of solid concrete construction, elevator, gourmet kitchen and many high-end features. The guest cottage was renovated to feature 2 bedrooms with ensuite bathrooms, living room and kitchen all tastefully designed and decorated. Open water views, dockage, immediate access to the bay and easy access to the Atlantic Ocean! Florida Keys Real Estate and Homes For Sale.
GORGEOUS LUXURY WATERFRONT HOME in the heart of Marathon! Spacious concrete 4bd/4ba home with a grand two-story foyer entrance. Lots of custom work makes this property truly outstanding, open floor plan, relaxing porches and roof top deck with open water views. Downstairs offers separate bonus space currently used as living quarters. Two expansive garages offering front and rear openings. Spacious workshop and large low maintenance backyard offering plenty of room for a pool. 75 of concrete dockage, clean flowing canal and easy navigation to the Atlantic Ocean to enjoy offshore fishing, diving and snorkeling and direct bay access to partake in the fabulous backcountry fishing . 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.
BIG PRICE REDUCTION!!! Brand New Construction with all the bells and whistles. Waterfront 5/3 with storage, pool. 60 dock with boat lift, plenty of room for all your toys. Direct access to the ocean. 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.
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.
A classic Islamorada retreat. This private home is located in the exclusive bayfront gated community of Pen Key Club in the heart of Islamorada. The lovely one-story home offers three bedrooms and three bathrooms with panoramic views of the open water from every angle. Enjoy magnificent sunsets while relaxing in the living room or charming sitting areas on the open bay. In addition, the Pen Key Club offers a pool and boat dockage in a protected boat basin. This offering is Florida Keys living at its finest! Florida Keys Real Estate and Homes For Sale.
This canal front home on highly desired Lower Matecumbe Key in Islamorada boasts over 120 of dockage, 4,000# and 5,000# boat lifts and a private boat ramp! This home sits on a double, cleared lot on a private cul-de-sac road. The location offers immediate access to ocean or bay for all your boating needs! Downstairs storage, covered fish cleaning station and gazebo for shaded entertainment! Brand new metal roof on home, gazebo, and fish cleaning station. New carpet in home. New appliances. Easy to show and shows well! Home and vacant lot also offered separately. Home for $665,000 MLS#585437 and lot for $425,000 MLS#586534. Florida Keys Real Estate and Homes For Sale.
Immaculate home in Key Largos most prestigious neighborhood! This 4 bedroom, 3 bath pre-firm (no flooding during Irma) home has been completely remodeled and is meticulously maintained. Its concrete roof and impact sliding doors provide the utmost protection against storms. The sliding doors also recess into the wall, letting you integrate your indoor/outdoor entertaining areas. The dumbwaiter provides convenience for heavy packages and groceries. The professional landscaping & a 75 ft of deep-water dockage with quick direct ocean access add to its allure. Sitting next to a vacant lot affords this home much more privacy. A true Keys retreat. 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.