1306 Villa Mill Key West FL

Price Reduced $100,000 to $1,121,500!

1306 Villa Mill Key West FL

Main Home and Ground Floor of the Guest House

2nd Floor of the Guest House and the Grounds

1306 Villa Mill in Key West FL is a one of a kind estate.  The main home and guest home sit on one of the largest parcels of land in Old Town.  Both homes have massive sliding glass doors that tuck away in to the walls for easy out door living.


Privacy, tranquility, seclusion and peace are NOT terms typically used to describe Old Town living.  In Old Town lots are typically in the 1,200 square foot to 4,000 square foot range.  1306 Villa Mill is home to a total of 14,429 square feet of land tucked away in the middle of a block with access through an unassuming and easy to miss little lane.


Are you in Key West or out of town?  Are you entertaining movie stars and heads of state?  Are you simply enjoying the gorgeous weather, life, love and family in complete privacy?  No one knows.


1306 Villa Mill is a hidden compound between the Casa Marina area and Old Town on an X500 lot surrounded by an 8 foot fence.  2 fountains, pergola, pagoda, lighted court yard, garden sculpture, Koi pond, swimming pool, Royal Cuban Palms and SPACE, lots and lots and lots of SPACE.  The Southernmost Point is 2 blocks away.  Smather's Beach, Higgs Beach and Astro City Park are a few blocks away.


1306 Villa Mill is on the line separating the Casa Marina district with the Old Town historic district.  Separate guest home. Off street parking 4 cars which is incredible in Key West FL.  This is one of those exceptional estates, if you miss this opportunity, that you could regret for the rest of your life.


A similar property on an adjacent property line is on the market for 1 million dollars more than the asking price of 1306 Villa Mill.

Ocean Front Real Estate 77 Bay Drive Saddlebunch FL Florida Keys

Ocean Front Real Estate 77 Bay Drive Saddlebunch FL Florida Keys

This ocean front property is a short sale with 2 lenders.  The bank has turned down a $450,000 and a $470,000 contract that was submitted by the listing agent.

77 Bay Drive sits on  lot that is 9,914 square feet.  There are 4 bedrooms and 3 baths.  The home is 1,820 square feet and was built in 1994.  The roof is shingle, the 2010 taxes were $4,891.  The tax assessment is $426,103.  There are wood light wood floors downstairs and bamboo wood floors upstairs.  You can see detailed information here.

77 Bay Drive sold for $990,000 on November 23, 2004.  Here is the current listing and the old sold listing for 77 Bay Drive.  The asking price is $499,000.

The view from the dock is gorgeous!  The home has potential.  HGTV Trading Spaces filed an episode at this home on the 2nd floor.


Listing agent's marketing remarks:


Marketing Remark "Open water home with fantastic views! Private & spacious porch wraps around house & is large enough for entertaining or simply relaxing & enjoying the views. This 4 bedroom / 3 bath home has space for family & guests. Large windows throughout the home create a light & airy atmosphere. The large yard & nice dock, with room for your boat, complete this tropical paradise. Short commute to Key West! 24 hr. notice to show if poss. Short Sale. Appliances do not convey."

 Search for Florida Keys real estate at http://www.ShowcasePortfolioProperties.com.

Photo album for 77 Bay Drive.

Exterior

Interior

535 Avenue E Real Estate Key West FL

535 Avenue E Real Estate Key West FL

Built in 2007, 2,080 square feet on a 4,700 square foot lot.  3 bedrooms, 3 baths with a den or family room.  The listing agent hired a short sale negotiator.  The fee is 1.5% to the buyer payable at closing.

Short Sale Tax Breaks Expire Soon

Short Sale Tax Breaks Expire Soon

When you short sell your home you pay the lender back less money than you owe.  Sometimes the lender takes the money from the sale and gives you 'full satisfaction' of the debt.  Sometimes they don't.  It all depends upon your financial situation, hardship and income.

Before the mortgage melt down the IRS looked at the 'short sale' between what you owed the bank and what you paid the bank as income.  Legislation in 2009 waived the tax bill for for the 'income' you received when the bank forgave your loan.  This bill will expire in 2012 unless it is extended.

Stranger Helps Homeowner

Stranger Helps Homeowner

This story left me with wet cheeks.  This homeowner went to the foreclosure auction.  A stranger saw her crying.  The stranger bought the home and let the family stay in their home.  

Who To Trust and What You Can Expect

Who To Trust and What You Can Expect

If you have just missed your 1st payment, or maybe you have missed 9 or more payments, you will be wondering what you can do.  Do you want to keep your home?  Would Loan Modification be the best choice?  How do you do it?  Are you worried about how you can pay for a short sale or if you have to?  The success rate for short sales is 19% according to the National Association of Realtors.  What if your short sale is denied?  Get the answers.

True Foreclosure Information

True Foreclosure Information


If your home was lost to foreclosure the worst part is over.  Focus on the future.  If you are behind on your payments you want to know your options.  I send all of my clients to their Certified Public Accountant, the IRS and a bankruptcy attorney.  When you have all of the facts you make great decisions.  And sleep well at night.