AUGUST 2024 | Florida Keys Real Estate Market Report
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2024 SECOND QUARTER WRAP-UP | Key West Real Estate Market Update
MAY 2024 | Key West Real Estate Market Update
APRIL 2024 | Key West Real Estate Market Update
2024 First Quarter Key West Real Estate Market Update
FEBRUARY 2024 | Key West Real Estate Statistics
JANUARY 2024 | Key West January Real Estate Statistics
2023 YEAR END WRAP UP | Key West December Real Estate Statistics
Key West November Real Estate Statistics | How is the Market Performing?
Key West October Real Estate Statistics | How is the Market Performing?
What’s Happening in the Key West Real Estate Market NOW!
For the first nine months of 2023, the average sales price for homes in all of Key West increased 14% year-to-date over last year and more than 29% over 2021.
TEAMKAUFELT | Marketing Your Key West Real Estate to the World
TEAMKAUFELT | Key West Real Estate and Beyond
“CrissCross” | A Major Motion Picture Filmed in Key West
1230 Seminary Street, Key West | Featured Article In NY Times Real Estate Section
Welcome to 1230 Seminary Street, Key West, FL listed for $2.7 Million:
This home has three-bedrooms, three-and-a-half-bathrooms and was built in 1890, on a 0.2-acre lot.
It is on a quiet street, a five-minute walk from a butcher shop, a coffee shop and city hall. It is half a mile from Bayview Park, a green space with a playground and tennis courts, and Horace O’Bryant School, a public school serving students in prekindergarten through eighth grade. Some of the island’s best-known landmarks, including the Ernest Hemingway Home & Museum and the Key West Lighthouse, are about a mile away, as are several public beaches.
Key West International Airport is a 10-minute drive. Key Largo, a popular starting point for trips through the Keys, is about two and a half hours away. Driving to Miami takes about three and a half hours.
Size: 1,987 square feet
Price per square foot: $1,359
Indoors:
The entrance to the house is behind a wood gate, off the brick driveway. The front door, at the center of the covered porch, opens into a long foyer with a staircase to the second level and access to a powder room.
To the left, through a wide, arched doorway, is a living room with windows looking out on the surrounding greenery. The dining room is through another arched doorway. The family room, at the back of the house, has expansive windows and sliding-glass doors that open to the rear deck, the pool and the garden.
The sleek galley kitchen, separated from the family room by a breakfast bar, has stainless steel appliances and access to the rear deck.
The primary suite is off a hallway extending from the foyer. The bedroom has glass doors that open to a walkway leading to the pool area. Two full bathrooms are connected to the bedroom.
Two guest rooms are on the second floor. One has a balcony overlooking the neighborhood; the other has built-in bookshelves. They share a full bathroom at the end of the hall.
Outdoor space:
The outdoor spaces were recently updated, with new IPE wood decking and a walkway encircling the house. The pool is at the center of the backyard, surrounded by space for lounge chairs; a covered loggia at one end holds an outdoor bar. There is space to park one car in the driveway.
Article written by: Angela Serratore
To see the full NY TIMES article: NY TIMES REAL ESTATE
To see other Team Kaufelt blog posts: TEAM KAUFELT REPORT
Welcome to Casa Maribel!
Nestled in the heart of Old Town Key West, Casa Maribel is a charming and elegant single-family home that exudes warmth and character. With two spacious bedrooms and three bathrooms, this picturesque abode, one of nine homes in the Gardens of Key West community, is a true gem.
Upon entering the front gate of Casa Maribel, you are immediately transported to a tranquil and peaceful oasis. The lush tropical foliage and fragrant flowers that surround the home provide a serene and calming atmosphere, perfect for enjoying the warm sunshine and gentle ocean breezes that Key West is known for.
As you step inside, the beautifully appointed interior of Casa Maribel is sure to impress. The open concept living area is flooded with natural light and features tile floors downstairs, soaring ceilings and hardwood floors in the bedrooms, and stylish finishes throughout. The modern kitchen boasts stainless steel appliances, a breakfast bar, custom cabinetry, and ample counter space, making it the perfect place to whip up a gourmet meal or entertain guests.
primary bedroom features a king-size bed, walk-in closet, and en suite bathroom – perfect for relaxing and unwinding after a day spent at the beach or on the water.
Perhaps one of the most remarkable features of Casa Maribel is the outdoor living space. The beautifully landscaped backyard is the perfect spot for hosting a barbecue with friends or simply lounging in the sun with a good book. The inviting pool and spacious deck area provide plenty of room for outdoor dining and entertaining, making this home the perfect place to enjoy the quintessential Key West lifestyle.
Located just steps from the charming boutiques, art galleries, and world-class restaurants that make up the heart of Old Town Key West, Casa Maribel is truly a rare find. Whether you are looking for a vacation home or a permanent residence, this stunning property is sure to impress.
If you are interested in making Casa Maribel your own, don’t hesitate to contact Team Kaufelt, Truman & Co. Real Estate. With their extensive knowledge of the Key West real estate market and commitment to personalized service, the team at Team Kaufelt is here to help you find your dream home in paradise.
Commercial Real Estate for Sale: The Only Tuxedo Rental & Sales Business in Key West
Key West’s laid-back “Margaritaville,” dress code of flip-flops and T-shirts, will occasionally give way to more formal attire. This is especially true during wedding season from November through May, as the island is the #2 wedding destination in the country after Las Vegas. Timmy Tuxedo’s is the only formal attire shop in the Florida Keys and is the go-to source for tuxedos and suit rentals and sales as well as cummerbunds, shoes, ties, and all your formal wear needs.
Timmy Tuxedo’s eponymous owner, Timmy Viers, has helped thousands of locals and tourists alike including countless wedding parties dress their best for over 40 yrs at his shop located on Fleming Street in Old Town, Key West. A 63-year veteran of the formal wear business, Timmy has countless stories to share including dressing a young Cassius Clay for his high school prom in Louisville, Kentucky. Now at nearly 80 years old, Timmy has decided to sell the Key West business and location and retire to his home in the lower Keys just outside of Key West proper.
The MLS listing says this about the property: “Located in one of Key West’s most iconic structures, Timmy Tuxedo’s is a turnkey property that includes an established phone number and a high-ranking website. Building features include high ceilings, an architecturally stunning 3-story atriu
m, lots of Dade County Pine, and low HOA fees. Directly behind the building are a swimming pool, lounge area, and lush landscaping. Don’t miss your opportunity to purchase a successful business on one of the best blocks in Old Town, Key West with lots of foot traffic. Located just steps from world-famous D
uval Street and walking or biking distance to the island’s best restaurants, shopping, and galleries.”
CLICK HERE to view the Key West MLS listing for 812 Fleming Street #1, offered for sale at $650,000. Please call or text, Damian Vantriglia, at305.741.9411 to schedule a private showing of this rare commercial real estate and business opportunity in the Historic District of Old Town, Key West. View the full listing, 3D tour, and more: https://www.teamkaufelt.com/
What $1.25 Million Buys You in Upper Sugarloaf Key, Florida
This water lover’s paradise on Upper Sugarloaf Key boasts water and mangrove views, easy boating access, a concrete seawall with boat davits, new pavers, and a heated swimming pool and spa. Step inside to find a user friendly floor plan, an open living and dining room, soaring 20’ cathedral ceilings, a large downstairs bedroom, and lots of natural light. The updated kitchen features Samsung stainless steel appliances, granite countertops, and a breakfast bar. Impact rated glass sliders welcome you to the spacious balcony perfect for watching sunrise or outdoor dining. Upstairs you’ll discover a second guest bedroom, the master bedroom with open water and canal views, and a bathroom with double-vanity sinks and updated fixtures. Ample parking and a garage provide plenty of room for an RV or boat trailer. Upper Sugarloaf is an upscale coastal community just minutes to Key West.
Additional Features:
-Brand new Heated and chilled saltwater pool w/ozone system
-Brand new hardscape
-Brand new Mini Beach
-Brand new privacy wall
-Boat lift (updated davits for 24’ boat)
-50’ Seawall
-Easy boating access to the world famous Florida Keys backcountry and the Gulf of Mexico
Additional links and resources:
A Classical Revival Eyebrow House
Listed on the National Register of Historic Places and awarded the gold star for for historic renovations, 516 Elizabeth Street is the perfect example of a classical revival eyebrow house. An eyebrow house is a style of architecture, which is unique to the Florida Keys and the Caribbean Islands.
In architecture the windows of a building are often referred to as the “eyes” of the structure. Eyebrow houses got their name due to the overhanging porch roof that partially obscures the second floor windows and protects them from direct sunlight, keeping the house much cooler than it otherwise would have been.
The design had its origins in the living conditions of Key West’s sub-tropical climate. Long before electricity was available for fans or residential air conditioning had yet to be invented, this design was part of a high tech cooling system that blocked the sun and took advantage of the cool breezes from the Gulf of Mexico and Atlantic Ocean.
Along with the covered windows, eyebrow houses used cooling techniques based on the knowledge that cool air settles and hot air rises. As a result, the house has features such as a raised foundation on blocks or piers to facilitate air circulating beneath the house. Eyebrow houses also have double hung windows made up of an upper and lower sash throughout the entire house. On the first floor, the lower sash of windows were opened to let cooler air into the house and on the upper floor, the upper sash of the windows opened a pathway for escaping hot air. The circulation of cooler air throughout the homes could drop the overall temperature of the building by 5 to 10 degrees.
Another element of eyebrow houses was their wide front porches. The shaded area was a great space to catch a breeze and enjoy an indoor – outdoor living style.
This was recently sold by Team Kaufelt. View the full listing here: https://www.teamkaufelt.com/homedetails/516-elizabeth-street-589000
A Case Study in Harmony Between Old & New
A case study in harmony between old and new, 1019 Elgin Lane, Key West is a one-of-a-kind historic home that has been renovated from the ground up with 20/20 vision. Step inside to discover beautiful interior finishes, updated kitchen, and a living room featuring cathedral ceilings combined with a wall of Impact doors looking out to the charming 180sf patio and 5 x 8′ cocktail pool. A charming guest bedroom and guest bathroom complete the downstairs. An irresistible Master bedroom, located on the second floor, features an ensuite bathroom and walk in closet. Take the stairs to find an additional guest bedroom with amazing treetop views. Private parking, low maintenance materials, and walking or biking distance to all Key West has to offer make 1019 Elgin Lane the perfect house to live the island life.
View the 3D tour, photos, video, and more at:
Exclusively Listed by TeamKaufelt of Truman & Company Real Estate in Key West, FL. 33040
A Key West Work of Love, Built by a Builder.
400 Aronovitz Lane + 621 and 623 Whitehead Street, Key West | ‘Key West Work of Love” built by a builder. Completely reimagined from the ground up, this zoned live-work home is like walking into an island paradise. Sophisticated style and a neutral organic palette are juxtaposed with hidden pops of color, pattern, and texture in the 5 bedrooms and 6 bathrooms and over 3,500SF of living space. This well sited 5,868SF Corner Lot is a triplex, comprised of a main home including 3 bedrooms and 4 bathrooms plus an attached Historic Duplex, each unit containing 1 bedroom/1 bathroom. Tropical landscaping and mahogany doors have been elevated in design to welcome you inside this well designed home. Using only the best of materials and high end finishes.
Step inside to the designer lounge featuring 16FT cathedral ceilings with exposed beams, wet bar, granite countertops and a beverage cooler and ice maker. The open concept living and dining areas seamlessly flow to the outdoor living spaces, allowing uninterrupted sight lines through multiple sliding impact door systems. A tropical poolside patio is complete with a Craig Reynolds designed heated pool and water feature, lush landscaping and lighting, and an outdoor shower. There’s a ground floor bedroom and ensuite bathroom with white marble finishes and an enclosed steam shower. The Chef’s Kitchen includes a granite island, custom lighting, plenty of cabinetry, and Sub-Zero and Thermador appliance suite. The upper level is home to the Master Suite with a wall of sliding glass doors opening to the large inviting covered porch. The Suite includes cathedral ceilings and a beautiful bathroom with a frameless shower and dual shower heads. Opposite the Master is the upstairs Guest Bedroom highlighted by a gorgeous bathroom, soaking bathtub, and private covered patio. The Historic Duplex can be entered via a hallway off of the kitchen and each of the units has their own separate entrance. Each unit includes hardwood floors, high ceilings, kitchen, washer/dryer, finished loft space, and beautiful porches surrounded by landscaping for privacy. 621 Whitehead Street is ADA compliant and is a zoned live-work space. Currently the bedroom of this unit is setup as an office and can be locked off from all other living spaces with its own ADA entrance. Endless rental opportunities with this duplex! Ideally located in the X-Flood Zone on a hidden lane just 1 block from Duval Street, dining and shopping, and blocks away from the Truman Waterfront Park and Fort Zachary Taylor National Park. 4 off-street parking spaces make life easy! Schedule your private viewing now.
View the 3D tour, photos, video, and more at:
Exclusively Listed by TeamKaufelt of Truman & Company Real Estate in Key West, FL. 33040
