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.
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.
9-26-19 REDUCED $100,000...This is the perfect home for an extended family with a total of 5 bedrooms and 4 baths with 100 of dockage located in Islamoradas premier neighborhood of Venetian Shores. The main level features an inside foyer and staircase, vaulted living room that opens to a private balcony, updated granite & s.s. kitchen, 3 BRs, 2 BAs (2 Guest BRs plus Mstr Suite - split floorplan - updated baths), and a large terrace with outdoor kitchen + 10 person spa! Theres also a 3rd level loft/family room. Downstairs are 2 Guest Apartments - legally permitted and above flood, 2 car garage, storage room, and a large covered area perfect for games, dining, whatever you dream of! Room for your & your friends boats and minutes to the ocean or bay via Snake Creek. 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.
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.
An abundance of luxury and elegance in this one of a kind Ocean view estate! With almost 7400sf of open concept living space & BREATHTAKING oceans views & sunrises, this property has all the amenities you need for Florida Keys living. The spacious home has 6 bedrooms, 8 bathrooms. The Grand foyer entrance and wrought iron railings are just the beginning of the quality and luxurious finishes that you will see throughout this home, that makes this a truly unique find in the Keys. The interior features include a home theater, elevator, custom built bar, solid wood cabinetry throughout, marble and granite counter tops/vanities and stainless steel appliances, marble and Travertine floors and exquisite furnishing and decor from a Miami designer to name a few! 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.
Nestled in six tropical acres on the bay in Islamorada on Lower Matecumbe Key is this rare parcel boasting over 600 feet of white sand beach and deep water dockage. This spectacular private estate offers 6,198 square feet of living space with six bedrooms and six-and-a-half bathrooms. The guest home offers an additional 418 square feet with one bedroom and one bathroom. Enter down a private driveway cocooned by tropical landscaping and arrive on the doorstep of this stately island-style residence. The distinctive design and craftsmanship are evident upon entering. This one-of-a-kind estate was designed to take in the captivating bay views from every room. Offering an elegant living room, formal dining room, comfortable family room and spacious sunroom with vaulted ceilings. 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.
Sea Garden is located on an impressive landscaped 1.5 acre bayfront parcel sprinkled with orchids and boasts a highly unique bayside coral reef right behind the docks. This completely solar powered home has been built to last and offers over 120 of deep water dockage with 13k boat lift plus kayak/paddleboard ramp and floating dock. Three car garage with upstairs guest house is an added bonus to this already impeccable estate. Watch the bald eagles fly by, the painted sky sunsets and enjoy the natural surrounding beauty of the Florida Keys right from your back porch! Florida Keys Real Estate and Homes For Sale.
Escape to carefree, amenity rich living and boating at Key Largos Mariners Club. This luxurious oceanfront ground floor Sailfish unit offers spectacular direct views of the Atlantic Ocean and very close proximity to your 60 boat slip. The spacious 2,635 square foot living area is designed with rich finishes and expansive living areas, including a covered oceanfront veranda to enjoy the water views. You and your guests will have plenty of room to relax with three bedrooms, three baths, a bonus room, and a professional kitchen. Enjoy your choice of swimming pools, play tennis and pickle ball, stay fit at the fitness club, and even host a family or corporate gathering at the clubs conference facilities. This unit is island living at its best in Key Largo. Florida Keys Real Estate and Homes For Sale.
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.
Private bayfront island situated in the heart of the Florida Keys. Nestled behind gates and lush tropical landscaping are a magnificent main house and two private guest houses, a swimming pool, and deep water protected dockage for multiple boats. The island-style two-story main home offers two inviting bedrooms, a spacious living and dining area, a showcase kitchen, and French doors that open to lovely first and second floor porches overlooking the bay. The impressive guest quarters provide comfort and privacy with four bedrooms, four bathrooms, and a private patio with bay views. An additional one-bedroom guest cottage offers open bay views and a sandy beach area. The swimming pool with sundeck is surrounded by swaying palm trees and tropical gardens 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.
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.
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.
Marlin House is a stunning brand new 4 bedroom, 4 bath home in Islamorada that features top of the line amenities and stunning ocean views from all living levels of the home. As you enter the gates of Tarpon Point you will find an exclusive enclave of 12 oceanfront residences. Designed to meet the ultra-high standards of the developer, these exceptional homes allow for the most advanced building techniques to reside in harmony with one of the worlds few remaining untouched and fully protected marine habitats. Once you enter Marlin House and make your way to the main living level you will be in awe of the ocean views that greet you upon entering the living area. Located just off the living area is the dining room and chefs kitchen. On this level you will also find the first of Florida Keys Real Estate and Homes For Sale.
BEAUTIFUL BAYFRONT PROPERTY in desirable Lower Matecumbe where you can partake in the fabulous backcountry fishing or easy ocean access to enjoy offshore fishing, diving and snorkeling. Concrete 2-story home offering 3bd/2ba up and a legal apartment down, all beautifully remodeled since Hurricane Irma. Enjoy the open living area that is offered while also enjoying the gorgeous open water views of the Florida Bay. Wonderful DOCKAGE with TWO boat lifts (24,000lb and 5,000lb). You will love the backyard with SANDY BEACH and BAYVIEWS or relax POOLSIDE with heater and chiller included. 580sqft. garage which opens on both ends and offers ocean and bay views. 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.
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.
Beautifully Renovated Waterfront 2 Level-2 Family Home with Separate 3/2 Up and 3/2 Legal Down. Residencia de 2 Niveles Completamente Separados y Renovada con 3 Dormitorios, 2 Banos y Cocinas Modernas en Cada Nivel, Alquile Un Nivel o Ambos Niveles Ganando $7,000 por Mes. Both Up-Down Units have Full Modern Kitchens and can be Rented Separately! Excellent Rental Income Generates $7,000 per month: $3,500 for Each Up- Down Units. Each 3/2 Unit has a Split Bedroom Plan-Master BR/BA on one side-2 Bedrooms on opposite side sharing a Jack and Jill Full Bath. CBS Block Home with a Concrete Roof. Ocean Access via Tavernier Creek in minutes, 75 Ft. Dock with Power-Water. Sparkling Pool, Tiki Hut, Separate Hot Tub! Plenty of Parking for RV, Boats, Jet Skis. Pristine! No HOA Fees! BRING All OFFERS! 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.
BALLAST TRAIL is a bespoke, contemporary masterpiece with vast and uninterrupted ocean views. This custom built home is a 5 bedroom, 6.5 bath remarkable example of minimalism with a floor plan that is laid out expertly. A warm, welcoming ambiance is evident throughout the home. This home has spacious living areas ideal for entertaining, is a state-of-the-art smart house and has an expansive solar panel system. Located on 4 wooded acres, this property is extremely private with a drive that extends more than 700 and enjoys 190 on the ocean. The guest house is a remodeled and historic 2B/2B, 1936 Red Cross house. Outdoor amenities include an infinity edge pool that extends along the rear of the main house, extensive entertaining decks, an outdoor Summer kitchen and deep-water dockage. Florida Keys Real Estate and Homes For Sale.
Overlooking the Atlantic Ocean is this peaceful 2.32-acre gated beachfront estate. Remodeling renovations have started and are waiting for the perfect finishing touches. This home features two bedrooms and an office on the main level with an entire third-level master suite. An oceanfront pool, a boat basin, a tennis court, a large sandy beach area, and a multi-car garage complete this exclusive, private property. 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.
This home is truly a private gated retreat nestled by impressive lush landscape with mature Palm Trees and Tropical plants for privacy , Infinity Edge Pool with decorative finishes & night lighting overlooking Lake San Pedro and Amazing Sunsets! Old Chicago brick cover patio area with built-in bar by the pool perfect for outdoor entertainment. Not one but two boat lifts enough for all your water toys plus fish cleaning station, less then 2 minutes to the Open Bay and immediate access to the ocean through Tavernier Creek Chanel. Also downstairs is a huge beautiful air conditioned legal above flood level multi purpose room with full bath and Wet Bar. Perfect for man cave, entertainment / family room or 5th bedroom. Come up to the main level entrance with open Living room / Gourmet Kitchen/ Florida Keys Real Estate and Homes For Sale.