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.
Casa Point on Caribbean is uniquely positioned in the exclusive community of Port Largo and boasts an extremely rare 195 ft of deep water dockage. This 6700 sq ft especial home has over 4900 sq ft of living space accompanied by 6 bedrooms and 4 1/2 baths. It will accommodate the largest of families with luxury living and fabulous entertaining. Grand entrance, an immense chefs kitchen with industrial appliances, swimming pool with slide and spa, 2 car garage, 2 laundry rooms, and 4 zone A/Cs are just a taste of what you will encounter in this illustrious home. Florida Keys Real Estate and Homes For Sale.
Custom CBS Pool Home on 2.5 lots. 3B/3B w Garage sits on a slice of Paradise w 285 of waterfront. A private setting. Tropically landscaped w exotic plants, palms & Brick Paved walkways. Beach Style Salt-water Pool w Heater/Chiller. 40 Trek Dock w 16k lb 4 post lift equipped w Swing Stopper & Catwalk. Floating Dock for a second Boat & Boat Ramp for the Kayaks. Decorative aluminum fencing, gates & walkthrough entry. 2 Aluminum Stairways & railings for the main level. Full length screened balconies. 2B/2B Split floor plan w Soaring Cathedral ceilings and a 280sf loft. New Kitchen w Stainless appliances w Granite Counters w wood cabinetry. Impact windows w Accordion Shutters and a Metal Roof. 1B/1B permitted guest quarters. Many more features for you to see, and offered fully furnished. 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.
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.
Fabulous Port Largo! Contemporary and charming 2-story, canalfront 4b/4b house in great community in Key Largo. Ocean View from the Master Bedroom. Quick and easy access to the ocean. Jacob Center steps away with olympic pool, childrens playground and tennis courts. Getaway to this private, peaceful but vibrant Key Largo community. Enjoy fishing, boating, or just relax in the sunny tropical breezes. 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.
Welcome to Mima Grada... your Florida Keys oceanfront dream estate with everything you desire to live the ultimate island life. Enjoy your own private boat basin with boat lift and jet ski davits, sprawling sandy beach, lagoon-style pool/spa with poolside tiki bar, private lighted tennis court, and of course expansive ocean views. This spacious beach mansion stands out as one of the most elegant on Islamoradas Millionaires Row, which is an eclectic collection of unique open water estates all with distinctive entry gates, winding driveways and lush tropical foliage. Enjoy the serenity and privacy of Mimi Grada with your immediate family or feel free to invite all your friends with plenty of room for entertaining both inside and out including two private guest suites. Must see! Florida Keys Real Estate and Homes For Sale.
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.
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.
ESPRIT - Architecturally modern residence encased in majestic tropical gardens that awaken the senses and are host to monarch butterflies, jasmine, gardenia, and birds of paradise. This rare custom 3BA/2.5BA CBS home offers a concrete roof, custom flooring throughout & hurricane rated windows and doors. Open and spacious kitchen with indoor/outdoor dining areas overlooking the water is designed with accent lighting and the newest modern appliances. Fast Bay to Ocean access via either nearby Tavernier Creek or Snake Creek with marina amenities available right up the canal teeming with manatee and porpoise. Rooftop party deck has 10 person hot tub and offers 360 degree views of Plantation Key and waterways adorned with beautiful birds, starry skies, breathless sunrises and romantic sunsets. 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.
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.
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.
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.
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.
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.
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.
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.
Hard to find a property like this! 1 canal from the Ocean. This 4B/3B home screams Key Largo from the moment you enter and discover every nook and cranny. Spacious open living and entertainment area combined, complete with Nautical Style Chefs Galley Kitchen loaded with goodies. Custom Bar built to fit. Living area opens up to a 440sf screened patio with built in stainless gas grill. This home comes completely furnished, check out the loft with pool table and a private balcony. 20 x 32 Covered Boat slip with 2 boat lifts & overhead lighting. Just 15 minutes to Molasses Reef once you crank the motors! Completely Fenced, walled and Gated with Custom Designer Gate. Come to Key Largo and call for an appointment! Florida Keys Real Estate and Homes For Sale.
Florida Keys Real Estate and Homes For Sale.
Abundance Galore! Custom built, beautifully appointed and spacious 8 Bedrooms, 5 Baths and 2 Half Baths, CBS home, located in the desirable, waterfront community of prestigious Port Antigua which features an expansive, almost 1,000 feet of white, sandy beach. This is a unique home. Although built as a single-family home, it can function as a duplex to accommodate a large, extended family or group of friends, with a common 1st floor entertainment area with 2 bedrooms, 4 bedrooms on the 2nd level and two master bedrooms on the 3rd level. A total of 4 bedrooms on each side, completely private and locked off from the other side if one so desires. Florida Keys Real Estate and Homes For Sale.
Port Largo home Plus - This 5 bedroom Port Largo home has the plus of a new IPE dock, tasteful, expensive, and beautiful Brazilian walnut. You can choose your look, oiled or natural for this attractive dock and decking addition to your yard. Deep water dockage and ease of ocean access is the reason many fisherman, divers and big boat owners, gravitate to Port Largo. Enjoy all the amenities of a community park with tennis courts, walking trails and aquatic amenities. The home is truly inviting with living area open to the dining area and kitchen, very beachy feel and great place to entertain. Plenty of bedrooms for guests too. Another plus, owner put on a new metal roof which enhances the look and integrity of this home. 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.
Seclusion, pool parties, seafaring adventures, all are included in this oceanfront home in the Florida Keys National Marine Sanctuary.This cul-de-sac home on a 14,220SF lot, includes 175F on the ocean, 100F on the canal, and a 26F cut-in boat slip with 5,000Lb. davits. The gated paved driveway links garage, gardens and pool, protected by a coral boulders seawall.The second floor ample living and dining rooms are connected with the kitchen, bedroom, bath, and covered terrace; all sharing open ocean views. Breathtaking views from the oversized master suite in the third floor, and the surrounding terrace bathed by Caribbean breezes overlooking the pool and spa.Just one hour away from Miami, yet a world apart, world-class fishing and diving, awaits you at this Florida Keys retreat Florida Keys Real Estate and Homes For Sale.