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.
Live free. LIVE IN ONE, LET THE OTHERS 3 PAY YOUR MORTAGE Venetian Shores Multi-Family zoned up tp 10 units. 4 Units on a Canal. 70 dockage w Boat Lift, 50 Amp. shore power & fish cleaning station. 50 Tiki-hut. 2 2B/2B Up, & 2, 2B/1B 1,200. Can divide property 2 condo. Tile Floors throughout. Granite Kitchens w SS appliances. Marble Pavers in Back Yard to dock New Roof in 2013, Hardy Plank Concrete Siding exterior finish. hard-wired Fire & Smoke Alarm System. $8,600. income monthly. Florida Keys Real Estate and Homes For Sale.
PREMIER LOCATION IN KEY LARGO with direct access to the ATLANTIC OCEAN! Beautiful all concrete canalfront POOL home offering a spacious 3bd/2ba, finished FL pine cathedral ceilings, open floor plan, storage only down(1045sqft), covered parking, large open porch overlooking pool and canal, tropical pool with 2 waterfalls w/Italian marble decking, 75 concrete DEEP-WATER DOCKAGE, all located in a tropical setting full of beautiful foliage offering lots of privacy. 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.
The turquoise waters of the Atlantic Ocean are the backdrop to this spacious oceanfront retreat on over two acres. The moment you enter through the grand port cochere and double entry doors, youll be greeted by views of the ocean. In fact, the ocean provides a stunning backdrop for the living room, kitchen, home office, master bedroom, and breakfast nook. To feel the ocean breezes, look no further than the large covered porch. Two guest bedrooms and a spacious master suite provide ample accommodations. The ensuite master bath has a large jetted soaking tub and separate walk-in shower. Each guest rooms share a common bathroom, with large-walk-in shower. Youll also find a large laundry room, with a place for ironing and shelving for all of your storage needs. Florida Keys Real Estate and Homes For Sale.
Beautiful Mediterranean-Style Custom Pool Home with 80 ft., of dock with deep water ocean access. This home has an excellent floor plan. DOWNSTAIRS: 2 spacious bedrooms, 1.5 bath, den used as an office can be 3rd bedroom or Rec Room. Unique living space for Multi-generational living. Kitchen with Extra-long granite peninsula with double pantry, Expansive Family Room with cozy fireplace and many built-ins. Formal Dining Room, Living Room with 20-foot ceiling. Wet bar in the patio area off of the living room. THROUGHOUT THE HOME: Large windows for plenty of natural light, UPSTAIRS: Over-sized master bedroom with 2 balconies, Master Bath is spacious, generous sized walk-in closet, Sitting Area & another room can be library or media room. OUTSIDE: Low-maintenance backyard, 2CG,Pavers Florida Keys Real Estate and Homes For Sale.
Phenomenal opportunity! Stunning, stunning, stunning Florida Keys Oasis. Aero-Largo. The setting for countless photo shoots and commercials, this seductive Bayfront Estate is what dreams are made of. Stroll right into crystal clear water from your own white sandy beach. This is your canvas. Bask in privacy, or entertain like no other. This home offers extreme flexibility. With 3 bedrooms + office in the spacious Main House, gorgeous gourmet Kitchen and Dining Room, and a separate detached Guest Suite. So many amenities! Huge, Deep Dock and Tiki, outdoor grill and pizza oven, outdoor bar, seaplane dock, boatlift, outdoor showers, custom-built pool and fountain, three garage spaces, massage Tiki, all nestled in a gated, estate sized natural hardwood hammock. Best value in its class an Florida Keys Real Estate and Homes For Sale.
Keys styling and modern layout on this new construction home with 180 endless bay views and sunsets right down the pike! Custom in every way, this home checks all the boxes with a grand entertaining area, 100 of dockage ready for 2 boatlifts and deep enough to accommodate larger boats, huge heated and chilled pool, double garage, elevator, rooftop deck, natural sandy beach, and more privacy than youll ever need. The main level features a spacious living room opening into the kitchen and 2 bedrooms and 1 1/2 baths. The 3rd floor stuns with a must-see master suite, and 2 more bedrooms with a Jack and Jill bathroom. The third floor balcony leads to a private staircase to the rooftop deck where you can view most of Key Largo. Have a front row seat to the boat parades and fireworks displays! Florida Keys Real Estate and Homes For Sale.
Live on Florida Bay! This charming island-style 3/2 has open water views, a dock with 4-post boat lift and a sandy beach area in desirable Buccaneer Point. Just come down, relax and unwind! With new impact windows (2017), new metal roof (2015) and fresh paint, this one is ready to move in and enjoy. Located on an extra large lot, there is plenty of room to park trailers, RVs and other toys, plus theres a 2-car carport. Theres also a large storage room/workshop, fenced backyard, hot tub and new outdoor shower. Kick back on the open water view screen porch or in the large top floor master suite with bay view balcony. Offset your expenses with repeat rentals if desired. This perfect Keys retreat is only an hour from Miami. Dont miss this great opportunity! Florida Keys Real Estate and Homes For Sale.
Tranquility on Tarpon Bay ~ This is a rare opportunity to own almost 4 acres on the bay with 200 feet of bay frontage and a stunning residence. Enjoy entering through your own tree lined natural drive where you are greeted at the gated entry by locally quarried coral entrance columns, custom made copper sconces and brick paver driveway. The home immediately commands a presence with the artfully designed roof overhang of synthetic shake shingles designed to enhance the home further from the high pitched concrete roof, complimentary cooper sconces on the columns, double impact entry doors and sweeping stairwell. The newly designed interior will not disappoint with the cathedral styled high ceilings, rare for a concrete roof, and a one of kind sculpted mangrove chandelier highlighted by the Florida Keys Real Estate and Homes For Sale.
One Acre Oceanfront Residential Property being sold as is. House & sea-wall suffered major damage from Irma rendering the house currently uninhabitable & most likely is a tear-down. This opportunity provides the building of new construction in a very timely manner - NO WAITING FOR PERMIT. 180 ft. ocean-frontage x 225 deep with deeded road leading to property from the Old Hwy. NO road noise. Buyer to confirm possibilty of dredging the plugged canal side originally used for shallow boat dockage. Seller will credit buyer $50,000 at closing to cover cost to clear site and repair rip-rap sea-wall. Sewer hooked up. Pre-approval letter from the Village Planning Dept. available to replace existing dwelling unit. 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 a half-acre of oceanfront land, this luxurious, private home features superior concrete construction, a four-car garage, a 200-foot dock, 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. Possible owner financing. Florida Keys Real Estate and Homes For Sale.
Prestigious Port Largo homeCalling all BIG boaters, 3 story Substantial Island home in Port Largo greets you with its grand entrance, stairwell and soaring ceilings. 75 feet of deep water dockage and direct ocean access within mere minutes. Gated entry, brick paver driveway and concrete wall for fencing, adds to the grandeur of this home. Outdoor kitchen for dockside entertaining. As beautiful as the stairwell is, no need to take the stairs with an elevator to access all three levels. The bedrooms are all spacious with emphasis on the extra large master suite over looking the ocean. New kitchen with all the bells and whistles that a chef would enjoy. Extra large laundry room. Sought after concrete roof with a rooftop deck to enjoy the views.. 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.
ENTICE YOUR SENSES with stunning unobstructed Atlantic Ocean views right out your backdoor of this inviting 2bd/2ba POOL home with DOCKAGE and a large peninsula! 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, perfect for entertaining. WEEKLY RENTALS allowed. Excellent rental history available. Enjoy immediate offshore fishing, diving and snorkeling or take pleasure in nearby access for backcountry fishing. Also, enjoy nearby waterfront dining by boat or car. This property will allow you to truly enjoy the FL Keys Lifestyle and make memories of a lifetime! Florida Keys Real Estate and Homes For Sale.
This is an incredible real estate land opportunity on the ocean side of Plantation Key known as Plantation Point South. This 9-acre, estate property boasts of approximately 750 feet of shoreline bordering a secluded, conservation parkland with a sandy beach. Build your new, custom home high atop terraced land, positioned to take full advantage of the propertys spectacular ocean views. The elevation of this building site allows for ground level construction making it the perfect setting for a family compound to pass down to future generations. Approximately 400 feet of sandy beach below offers an abundance of sky-high coconut palms with permit to add a pier leading to your very private oceanfront observation platform with a day bed. Florida Keys Real Estate and Homes For Sale.
One of the best values in all of the Florida Keys in a much sought-after location. Being sold by the homes second owner. The first owner was the builder and architect. The home has been completely upgraded and is ready to enjoy. Sit on the deck and watch the fish swim by, or wade out and hook up. This is a true beach house, with endless ocean views, silky sand beach, and clear Atlantic waters to enjoy. This home has the infrastructure to add a third floor for additional space and views. Upstairs there is one bedroom and one bathroom with a large laundry closet space. Downstairs is comprised of two bedrooms and one bathroom. Both levels offer large porches overlooking the Atlantic Ocean and the propertys beautiful beach with views of the sunrise and sunset. Florida Keys Real Estate and Homes For Sale.
RARE FIND, GATED, SPECTACULAR BAYFRONT PROPERTY IN PRIME LOCATION. Just what you have been waiting for...a bayfront beauty! HUGE LOT. Large, deep, lush property with beautiful water & views. Extraordinary opportunity to enjoy, make your own and lots of room to build your dream home/guest home! BEAUTIFULLY APPOINTED & GATED - OPEN BAY VIEWS & SUNSETS! Walk to the Sailboat club, restaurants and shops. 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.
Sapodillo Drive diamond in the rough with 40 x 61ft cut in boat slip and over 200+feet of dockable seawall on a secluded deep water private lagoon. 2 large bedrooms and baths on main living level, huge living and dining area encompassing approximately 1435 square ft on main level and 384 square ft storage with Pre-FIRM shower bath on ground floor. 2 bays of parking, room for skiff under cover and RV parking with pumpout, huge 16,000sq ft lot with room for expansion or ancillary features. A blank canvas for a new owner to come and put a fresh face on this extraordinary water front location. Ready to be transformed into your dream keys destination this home is located in an area of extremely desirable homes in the heart of Lower Matecumbe, Islamorada, Florida. Shown by appointment only. Florida Keys Real Estate and Homes For Sale.
This original 1971 beach house has been entirely renovated, complete with a brand new top-floor master suite addition and fresh coastal design. The residence features solid concrete block construction, three bedrooms, two bathrooms, and legal downstairs one-bedroom, one-bathroom guest quarters. Additional amenities include a covered carport, plus a canalfront lot with protected dockage, a boat lift, a pool, and a bar beneath a tiki hut. This property is a must-see to appreciate the beautiful interior finishes, panoramic ocean views, and fantastic outdoor spaces. Florida Keys Real Estate and Homes For Sale.
A Sailors Paradise! This stunning direct bayfront pool home offers you beautiful open water views, gorgeous sunsets and protected deep water boat dockage for multiple boats. Current owner has a 55 x 26 Catamaran Sailboat and a 23 Bay Boat. This exquisite 3 story home has 3 Bedrooms/2.5 Bathrooms upstairs & a remodeled 1/1 ground floor apartment for visiting friends & family. This home has soaring wood ceilings & direct bay views from all of the large bedrooms. The exterior features include a rare covered boat house slip with lift, 71 seawall, & a new pool with swim jet, heater & cooling system. Other features include a tall carport for a large RV, a Workshop with A/C, gated electric entrance, & a walled lot with tropical landscaping. New A/Cs, hot water heater & appliances. Florida Keys Real Estate and Homes For Sale.
Escape to carefree, amenity rich living and boating at Key Largos Mariners Club. This luxurious oceanfront ground floor Sailfish unit offers spectacular direct views of the Atlantic Ocean and very close proximity to your 60 boat slip. The spacious 2,635 square foot living area is designed with rich finishes and expansive living areas, including a covered oceanfront veranda to enjoy the water views. You and your guests will have plenty of room to relax with three bedrooms, three baths, a bonus room, and a professional kitchen. Enjoy your choice of swimming pools, play tennis and pickle ball, stay fit at the fitness club, and even host a family or corporate gathering at the clubs conference facilities. This unit is island living at its best in Key Largo. Florida Keys Real Estate and Homes For Sale.
Executive Home! Elegant 5Bd/4Ba 3 Story CBS Pool Home on a direct Ocean access canal. 3760 sf, built in 1999, completely renovated in 2008, with new pool. Being sold furnished. 2018 new Impact Doors & Windows and exterior paint. This Luxury home has it all! Separate ground level in-law or guest quarters. 3B/2B on main level. Entire 3rd floor is the owners bedroom suite. Beautiful Chefs Kitchen with Island & dining area separate from dining room. Pantry, large laundry room with storage. 70 concrete dock with a Boat lift and a set of Davits. Great location in North Key Largo. Easy commute, 45 minutes to downtown Miami and only a few minutes to the reefs for the divers & fisherman, or to the Bayside resteraunts. Marina and Fuel Dock one canal away. Meticulous buyers, come take a look! Florida Keys Real Estate and Homes For Sale.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors Florida Keys MLS, Inc.