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.
Delightfully Keysey POOL home in Safety Harbor with Bay Views! This home has a wonderful open floor plan and 2 large bedrooms and 2 baths. The living area opens to the screened pool deck with 12 ft. wide sliding glass doors. The chef is part of the party with a large center cooking island and tons of counter space. This corner lot has views down the canal and the 40 ft. wide dock has davits in place. The downstairs has a permitted bath which separates 2 rooms being used as bedrooms. A large carport is perfect for bikes, kayaks, etc. The pool has a propane heater and has just been refinished. This home has impact windows and doors throughout and is ready for a new family to enjoy the Florida Keys lifestyle! Florida Keys Real Estate and Homes For Sale.
Mesmerizing water views from just about every room in this 4 bedroom, 3 1/2 bath home including downstairs guest quarters. This beautiful house with beach access has a multitude of amenities such as natural coral accents, gourmet kitchen with custom wood cabinetry, double ovens, bar seating, wonderful outdoor living spaces including pool w/ heater, chiller, lights & waterfall, dockage for 2 boats, open ocean view terraces, electric shutters, multi-car garage, workshop, ocean-view terraces & elevator with etched glass artistry.The third floor is all master suite with elevator access, dual walk-in closets, office, sitting area, spacious master bath, two balconies for sunrise and sunset views. Florida Keys Real Estate and Homes For Sale.
ENJOY ENDLESS OCEAN VIEWS right out your backdoor of this inviting 2bd/2ba POOL home with DOCKAGE and a large jetty! Nearly one acre of highway to Atlantic Ocean parcel will take your breath away. Comfortable open living floor plan that opens up to a spacious pool deck, great for entertaining, where you can cool off and enjoy the ocean views. Zoned Residential Estate allowing WEEKLY RENTALS. Rental history available. This property will allow you to truly enjoy the FL Keys Lifestyle! Take pleasure in excellent offshore or backcountry fishing. Fine restaurants and shopping nearby. You will fall in love! Florida Keys Real Estate and Homes For Sale.
This fabulous custom built home located in prestigious Cudjoe Gardens is one level with a split floor plan, high ceilings & Italian porcelain tile throughout. You will fall in love with this home the minute you step into the gorgeous entry & look through the great room to the unobstructed view of the water & protected wetlands. The wetlands across the canal guarantee total privacy behind the home and will never be developed. The Euro Door Wall System allows rooms to open to the screened back porch making a space large enough for any size group. The porch has a remote controlled Armor Screen Roll-Up System that is hurricane rated. The office is wired with Cat 5 & includes fiber optics internet capability. Florida Keys Real Estate and Homes For Sale.
OSPREYS NEST IS CALLING! Beautiful Oceanfront residence with a natural sandy beach on sought-after Sunset Drive on Islamoradas Lower Matecumbe Key. Enjoy the sound of ocean waves lapping on your beach, onshore breezes & swaying palms. Remodeled 4B/3B home w/water views in every direction from every level. Gourmet kitchen w/center island, dining area, living room w/fireplace, Brazilian Jatoba wood interior staircase w/custom made stained glass window, 3rd level private master suite w/balcony. Let the outside in w/Anderson impact sliding glass doors, tiled balconies, Epay wood exterior railings w/glass inserts & Keystone accent walls. Numerous outdoor sitting areas to relax & take in the crystal clear turquoise waters of the Atlantic Ocean plus canalfront lot for docking your boat. Florida Keys Real Estate and Homes For Sale.
SIMPLY PARADISE .. SUNSETS ALL YEAR Soaring ceilings, expansive open rooms, and rare location on this pristine Bayfront home on Plantation Key. Natural sandy beach borders entire waterfront with sugar sand bottom and extended dock and boat lift. Drive the beaten path to this palatial Estate surrounded by crystal waters, sunsets, and greenery! Grand open spaces with towering ceilings, Italian designed kitchen, mahogany doors, impressive outdoor porch space overlooking the bay, three spacious bedrooms including private waterfront master suite , double sided fireplace for living & master, and upstairs great room plus office/art studio (could be 4th bedroom). Impact windows & doors, security system, covered parking for many cars, more! A true gem encompassed by the treasures of the Key Florida Keys Real Estate and Homes For Sale.
One of the most unique properties in the Upper Keys. Boasting an 8 car garage and 100 ft of deep-water dockage, this exquisite, pre-firm estate has been completely remodeled by the areas best builder, and no expense was spared. As you arrive, the paved, large circular driveway grants plenty of parking. At ground level, the foyer provides guests with their choice of a staircase or an elevator to access all 3 levels. The main garage can accommodate 6 vehicles (2 on hydraulic lifts). There are 2 other 1-car garages, as well (A guys dream). There is also a convenient half bath/laundry at ground level. On second floor, there is a living area, completely NEW kitchen, dining area, 2 bedrooms, 1 bath and a large covered terrace with great water views. The third level has the main living area Florida Keys Real Estate and Homes For Sale.
Live the Keys Lifestyle in this spectacular COMPLETELY RENOVATED oceanfront beach house. You will feel at home when you enter your own private, gated property with beautiful, lush, tropical landscaping. Unique floor to ceiling impact windows bring the beach front views into your living room. This exquisite home features 5 bedroom suites. The large open kitchen with custom made Shaker cabinetry offers the option of dining in or alfresco. Custom etched glass railing guides you up the stairs to revel the family room featuring a 180 degree view of the ocean. Lounge by the infinity pool and hot tub, relax under the palm trees or entertain guests at the expansive wet bar. Two car garage with separate workshop/storage complete the ground level. Florida Keys Real Estate and Homes For Sale.
Rum & Coconuts. This beach house is steeped in history, and offers a relaxed captivating coastal charm. Offering a life of no rules or expectations, this home is all about creating cherished memories with family and friends; sunrises and sunset; sand and sea. Designed so guests may be as included or as private as you choose, no detail has been spared. With four bedrooms and three bathrooms, you have plenty of room to fit the whole family and guests. A cut in boat basin provides ample storage for your water toys and the beach access insures a lifetime of memories for those less inclined to venture out on the deep sea. The crows nest creates the perfect place to wind down with a cocktail and watch the sunset, truly offering the best of both worlds... Priced to sell a must see to believe. Florida Keys Real Estate and Homes For Sale.
NEW CONSTRUCTION!! Back on the market at a reduced price!! This 5 bedroom 5 bathroom home is located right on the Bay. The house features ceiling to floor French doors which allows you to take in breathtaking views of the tranquil Bay. Home features 2 Master Bedrooms with stunning views of the Bay from each balcony. The other 3 bedrooms each have their own private balcony. The Kitchen features custom cabinetry with a Quartz countertop. It also has upgraded appliances including a double oven as well as a 164 bottle wine refrigerator. Each bathroom features custom tile design and glass enclosed showers. The house is equipped with LED lighting, impact resistant windows and doors, as well as custom closets. Enjoy the pool and jacuzzi which are steps away from your private beach and dock. Florida Keys Real Estate and Homes For Sale.
Port Largo: THE boating community in Key Largo. Located at MM100 on the Ocean side a solid CBS house with concrete roof and conforming downstairs quarters on a 100 wide canal with a large boat lift and pool. In immaculate condition. Granite Counter tops, 2 central AC units replaced in 2016, hot tub, Tiki hut, anything you want in the Keys, this house offers. Florida Keys Real Estate and Homes For Sale.
More pictures coming soon! Spacious & sterling condition throughout this 3 /2 on main level & above flood 1/1 with living room on ground floor offers gracious living accommodations in one of the premier waterfront communities in Islamorada, Port Antigua. Major update & upgrade in the last two years in kitchens, baths, impact windows, balcony enclosure, a/c, metal roof, and more. Port Antigua offers a private homeowners park & ramp in a deed restricted masonry only subdivision ensuring consistency & quality masonry home built in the community. Close to Channels 5, 2 & Bowlegs Cut for the quickest access to fishing & diving grounds. Just minutes from downtown Islamorada. Seller says they are ready for next adventure and already purchased their next home. Call agent today for appointment. Florida Keys Real Estate and Homes For Sale.
Come enjoy Islamoradas new luxury address! The 12 Maison Residences on the oceanfront in Islamorada are currently under construction so you have time to choose your finishes. 3 or 4 bedroom beautifully appointed flats with private elevator and covered parking are available. Maison will be your private beach resort with its 350 ft. white sand beach, 155 ft. day dock and Oasis pool & spa. Pass through the gated entry to your 2 garage spaces, then take the elevator directly to your private entrance foyer which opens up to the kitchen, dining area and great room. The open oceanfront lanai can be customized with gas fireplace, TV, ice maker, wet bar... Just use your imagination! 5 of the 12 units have been spoken for, dont miss out on this pre-construction opportunity! Florida Keys Real Estate and Homes For Sale.
LOCATION,LOCATION, LOCATION...Rare find, just steps away from the bay with direct access.This property is located in a very desirable location in Port Antigua. This 3 bedroom 2 bath remodeled home has a private beach and boat ramp. Custom wood cabinetry with Island, stainless steel appliances, Travertine fireplace, Vaulted Ceiling, florida room with sliding glass doors that open up to the bay views and a deep water dockage with boat lift and cleaning station. downstairs has an extra room with storage with all your fishing needs. Seller is motivated and will entertain offers. Florida Keys Real Estate and Homes For Sale.
Islamorada Oceanfront Paradise! Entering the private gated property you will see the attention to detail that went into creating this masterpiece. This home boasts sunrises from every room, a yoga platform overlooking the ocean, a party area with a huge custom bar overlooking the beach, ocean, and waterfall flowing into the pool. Enjoy the panoramic ocean views from all rooms in this open concept home, which has been meticulously designed to mirror the curvature of the ocean edge allowing for maximum views. This custom designed home mirrors the curved shoreline of the large 100-foot private beach leading out to a deep-water mooring. Invite your guests! You can be sure they will feel welcome in all 3 en suite bedroom/baths designed for complete privacy. Cook your catch after a day on the wa Florida Keys Real Estate and Homes For Sale.
Florida Keys Real Estate and Homes For Sale.
Tri-level contemporary Key Largo estate in prestigious Stillwright Point offers direct access to Blackwater Sound. Setback from the open bay, this stylish waterfront property combines the best of traditional coastal living with the convenience of 120 feet of deep water frontage with easy access to Blackwater Sound. Situated on a 2.5 oversized-waterfront lot the open and newly renovated property is perfect for entertaining both indoors and out - featuring a dedicated terrace on each floor with impact glass windows and doors revealing direct bay and sunset views. Additional features include private elevator, laundry room and 2-story great room with accent lighting, custom quartz staircase, and marble flooring throughout. Expansive open kitchen with top-grade appliances Florida Keys Real Estate and Homes For Sale.
Elegant yet comfortable 3 bedroom, 2.5 bath home on the open bay in Sunset Cove, Key Largo. 1660sf. Bright and open waterfront residence with high ceilings and lots of light throughout. Enjoy picturesque views from your wrap around terrace that flows into your living room, dining room and gorgeous updated kitchen. Impact doors and windows throughout the house. Bonus room downstairs for storage. 60 ft of waterfront with a dock, boat lift and davits. There is even a slide into the bay! Large lot with lots of room for entertaining. This is a special property you must see! Florida Keys Real Estate and Homes For Sale.
ENDLESS POSSIBILITIES AND VIEWS BEYOND COMPARE! Great clean, flowing canal! Sensational Canal and Bay Views everywhere! Oversize pool home with fabulous dockage, plus private ramp situated on nearly 1/3 acre of land. Top floor is beautifully appointed. Second floor is a blank canvas waiting for your designer flair. This home has good vibes ~ make it your family compound!!! Fully fenced, carport, and plenty of storage down. Enjoy the in-ground pool and bay breezes! Go out boating with easy Bay access and Close to Adams Cut for Ocean access! Close to shopping, restaurants and all the modern conveniences. Florida Keys Real Estate and Homes For Sale.
Ocean views from this modern gated pool home. Ideally situated in the heart of Tavernier with direct ocean access. Massive balconies to the ocean, Master suite on the top floor with private terrace. Boat lift and davits. Separate non-conforming guest suite with bath on the ground level. A must see! Florida Keys Real Estate and Homes For Sale.
Amazing, turn-key investment property with a stellar rental history. The average occupancy is 46 - 50 weeks a year. This impeccably maintained oceanfront residence has a brand new pool and dock. Large double lot perfectly situated so you can enjoy spectacular sunrises daily. The resort-like amenities create the ultimate escape. With four bedrooms, a bonus room, two living rooms and three and half bathrooms, this is the perfect home for entertaining. Sold furnished with custom furnishings, stainless appliance, granite countertops and custom mosaics. Completely turn-key investment property. Please see documents tab for weekly rental rates. Too many upgrades to list, please see documents tab for a more complete list. This home is the ultimate beach vacation home. Florida Keys Real Estate and Homes For Sale.
Hammer Point Home-COMPLETELY REMODELED - NEW ELEVATOR- All new tile floors, new bathrooms & custom built wood kitchen cabinets, granite tops, new appliances, LED lighting throughout, 3 new A/C units, laminated insulated impact windows. 3.2 upstairs 1/1 downstairs. Paver driveway. Covered and finished floor patio and 57ft. dock, davits, deep water swimming canal, 2 minutes from the open bay, ocean access through Tavernier Creek. Large enclosed storage area. Furnished. Owner financing possible. By appointment . Florida Keys Real Estate and Homes For Sale.
Islamorada,Waterfront, Dock, Pool, Ocean View and Beach Access, this Beach House has it all! Updated with New Windows, New Flooring, New Central A/C, New Pool, New Kitchen with New Stainless Appliances,,New Landscaping! Upper level has Two bedrooms and Two bathrooms, with lovely screened porch overlooking the ocean. Spacious and legal One bedroom, One bath, Lower Level Guest Quarters with living room and kitchenette! Beautiful in ground pool Heater,Chiller and Water Display, bonus Cabana Bath, 60 ft. of Dock with easy Ocean and Bay access. Sunset Drive ISLAMORADA, is one of the most desirable streets in The Keys offering neighborhood beach access ,adjoining lots on either side are docks for homes across the street therefore allowing lots of privacy on either side of the house Florida Keys Real Estate and Homes For Sale.
Architecturally inspired by Italian Old World charm, this modern Mediterranean oceanfront estate is situated on a peninsula on the Atlantic Ocean in exclusive Ocean Cay, Key Largo. This luxurious estate home, on over 1/2 acre of ocean front land features ultimate privacy with superior CBS construction, a four car garage, 200 of dock, electric shutters, electric gates, elevator, 5 central AC units and over 5500 square feet of living space on 3 levels. Majestic palms and the grand mahogany doors invite you into this four bedroom, five bath estate home filled with an abundance of natural light. As you enter the main living level, youll be awed by the focal point of this luxury homes stunning panoramic views of the Atlantic Ocean with doors opening to the expansive ocean front terraces. Florida Keys Real Estate and Homes For Sale.