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.
Unparalleled best describes Casa Sonrisa. Perfectly positioned in the prestigious ocean-front and gated community of Ocean Cay, this estate boasts 100 ft of deep water dockage with direct ocean access. Certain features separate Casa Sonrisa from all the rest. Its dockage is nestled within a large basin for easy and comfortable navigation for larger vessels. Another truly distinctive highlight is the adjacent Glass house. This separate but connected addition to the main house, takes full advantage of living on the ocean. With its full bath and amazing open water views this is the perfect place to entertain. The main house has 3 living areas. The ground floor has a large recreation area at pools edge, a full bath and a large bedroom. The second floor has the main living ar 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.
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. On over 13,000 square feet of oceanfront land, this luxurious, private home features superior concrete block construction, a four-car garage, electric shutters, electric gates, an elevator, five central air conditioning units, and over 5,500 square feet of living space on three levels. Majestic palm trees and grand mahogany doors invite you into this four-bedroom, five-bathroom estate filled with an abundance of natural light. The focal point of the homes main living level is the panoramic views of the Atlantic Ocean through glass doors opening to expansive oceanfront terraces. Florida Keys Real Estate and Homes For Sale.
A rare opportunity to own the Oasis, a home like a private resort, featured on the cover of Florida Design magazine. This home has been used for photoshoots by famous photographers, celebrities, and brands. Be a part of this unique lifestyle, whether for intimate dinners or for parties for 200 people.Enjoy the truly spectacular pool for lap swimming or amazing pool parties. Take a front row seat to view the mesmerizing changing colors of the Atlantic ocean waters within the Florida Keys National Marine Sanctuary.The Oasis has two bedrooms with ensuite bathrooms and a media room/den that can be easily converted back to a third bedroom. There is a third bathroom in the outdoor poolside entertainment spaces.The living room is spacious with its double-height vaulted ceiling and Florida Keys Real Estate and Homes For Sale.
An opulent luxurious tropical lifestyle awaits you in this completely renovated oceanfront estate. The owners have spared no expense & their attention to detail & appreciation of quality are seen throughout. 3 bedrooms, 3 bathrooms, a pool & master suite that encompasses the entire top floor, w/custom closets serviced by the luxurious elevator. There is a grandfathered in cut in 38 Boat slip , enormous storage /garage, covered entertaining areas. expansive exterior decking on all levels, custom powder coated aluminum railings, concrete construction, brand new standing seam metal roof, Anderson impact glass and casement windows and doors, Wolf appliances, Sub Zero counter depth refrigerator, Kohler plumbing fixtures, Dual zone wine and beverage center & 2 brand new Trane HVAC systems 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.
This one of a kind ground level home is built to please the most discriminating buyer. Beginning with the oversized paved driveway you walk in to 8 doors, 10 ceilings and on too beautiful 32 tiles. The open concept reveals the beautiful custom floor to ceiling kitchen cabinets, high end appliances that include an induction stove. Bathrooms are all tiled floor to ceiling and offer custom cabinetry. Custom window treatments and 8 interior solid wood doors with beautiful top of the line hardware stand out. Step outside on to seashell tiles and the beautiful custom 12x38 heated pool deck also covered in tile and landscape for complete privacy. The side yard offers a Chikee Hut with wired fire alarm, gas stove, refrigerator, sink, tv, cabana bath and gated driveway. 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.
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.
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.
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.
Stunning waterfront home barely used and offered furnished ready for immediate enjoyment! Three story concrete home, metal roof, impact windows/doors, double carport, interior staircase, four ensuites, expansive porches, open living, granite counters, travertine floors, custom kitchen, laundry room, so much more. Everything in impeccable condition in this bright and open residence. 65 feet of waterfront with 40ft concrete dock, ready for boat lift. Deep water access, excellent for large boats. Enjoy the ammenities of the Port Antigua sugar sand beach and boat ramp. Florida Keys Real Estate and Homes For Sale.
Remarkable ocean views from this Islamorada Beach House. Enjoy sunrises and the sandy beach backyard; located on Seat Oats Beach, a mile-long sea turtle nesting beach, with grass flats for wade fishing bonefish and tarpon. Six bedrooms and four bathrooms with a large kitchen and an entertaining bar room. Includes an additional 30 foot x 20 foot parcel, providing an opportunity to build a boat dock on the neighboring canal. Many upgrades including impact glass windows and doors throughout this stunning home in Lower Matecumbe. Owner is a licensed real estate agent. Priced to sell! Florida Keys Real Estate and Homes For Sale.
Enjoy astounding views upon entering this estate home with soaring ceilings and floor-to-ceiling windows. The home is set on nearly a half-acre lot and offers eight bedrooms and six-and-a-half bathrooms. Views of Snake Creek and the ocean beyond can be seen from screened-in balconies on all three levels. A beautiful screened-in pool and spa, 100 feet of protected dockage and mature tropical landscaping with lighting complement the outdoor oasis. The home is complete with a double four-car garage, separate guest quarters, an elevator, and a gated driveway. Florida Keys Real Estate and Homes For Sale.
Sunsets galore and from every floor. One of a kind bay-front estate with lots of privacy, sandy beach, great dockage and 2 of everything (2 master suites, 2 living areas and more). This open water home built in 2002 boasts 6 bedrooms and 2 separate living areas with room for 2 families and more. The property can be used in its entirety or be used as a vacation rental; the possibilities are endless. Its great location puts it close to Miami for an easy commute. Investors beware. Florida Keys Real Estate and Homes For Sale.
Built in 2018, this home feels brand new and built for you! Waterfront concrete home and concrete roof with four spacious bedrooms and three pretty bathrooms. Live the good life in your chefs kitchen with top of the line stainless appliances, quartz countertops, wine cooler, entertaining island, and a huge walk-in pantry. Feel at home with the open concept living/dining areas and an oversized back porch. On the main living level is a junior master suite and two additional bedrooms and bathrooms. Upstairs is a luxurious master suite & roof top deck w/ outstanding views of the bay & sunsets. Dock permit is in the works! Florida Keys Real Estate and Homes For Sale.
Custom Large Concrete Prefirm (Insurance)Home Nestled in a Exclusive Bayfront Subdivision--Includes 3 car covered carport, large brick driveway/parking area, large porch & screened patio, private boat ramp with davits, concrete boat house and cleaning table, fenced 1/2 acre lot with gate 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.
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.
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.
Great Location on Plantation Key Millionaires Row in desirable Ocean Harbour complex. Check out the virtual tour. This 3rd floor corner unit has over 180 degree panoramic ocean views. Includes deeded 50 foot boat slip (#8) and easy ocean access. Being sold furnished. Just step right in to your luxury Islamorada condo. Lots of amenities to enjoy; pool, tennis courts, marina, gym, boat ramp. 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.
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.
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.