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.
BIG PRICE REDUCTION!!! Brand New Construction with all the bells and whistles. Waterfront 5/3 with storage, pool. 60 dock with boat lift, plenty of room for all your toys. Direct access to the ocean. Florida Keys Real Estate and Homes For Sale.
Extraordinary canal front home! This stylish all concrete home features the rare combination of 5 bedrooms and 5.5 baths. Imagine entertaining guests in the chefs kitchen featuring a walk around granite island with Sub Zero and DCS appliances. All three incredible living levels are accessed by a stunning exotic wood staircase, which begins in the downstairs entry and ends in the expansive third floor master suite. Walk barefoot on the cool travertine marble floors on your way to the private concrete rooftop deck with panoramic ocean views. In addition, on the first level entry is a theatre room, legal 1/1 guest suite, tackle room, and abundant storage. Start your motors and you are in Tavernier Creek within 5 minutes for Atlantic and Florida Bay fishing. 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.
This fabulous Port Antigua home is ready for a new family to enjoy! Vaulted tongue in groove ceilings and clerestory windows in the open living area let in the natural light. Features include travertine floors throughout, 3 Bedrooms and 2 baths on the main living level, separate laundry room/pantry and another bedroom and bath on the ground level. The downstairs is above flood and permitted, making this a large home for guests and extended family to share! The backyard is accented with pavers and leads to the 60 ft. concrete dock with a 20,000 lb. boatlift. The carport and garage give protected storage for golf carts, jet skis, etc. The Port Antigua Homeowners Park offers a beautiful sandy beach with tiki huts and BBQ grills for property owners as well as a boat ramp within the community. Florida Keys Real Estate and Homes For Sale.
Luxury awaits in this oceanfront pool home with panoramic ocean views that will take your breath away. Recently updated this elegant home features 4 Bedrooms/5 Baths that includes 2 Master En Suites for added privacy. Relax in the in ground pool or hot tub oceanside while enjoying panoramic views and keys breezes. This home also has a 2 car garage, a large indoor/outdoor entertaining area w/ full bar, a cabana bathroom and an incredible 295 T Dock with private boat lift. This home exudes luxury living. Great for entertaining and access to your favorite fishing spots and boating adventures. This home comes fully furnished and is move in ready. Florida Keys Real Estate and Homes For Sale.
Immaculate home in Key Largos most prestigious neighborhood! This 4 bedroom, 3 bath pre-firm (no flooding during Irma) home has been completely remodeled and is meticulously maintained. Its concrete roof and impact sliding doors provide the utmost protection against storms. The sliding doors also recess into the wall, letting you integrate your indoor/outdoor entertaining areas. The dumbwaiter provides convenience for heavy packages and groceries. The professional landscaping & a 75 ft of deep-water dockage with quick direct ocean access add to its allure. Sitting next to a vacant lot affords this home much more privacy. A true Keys retreat. Florida Keys Real Estate and Homes For Sale.
Port Largo home Plus - This 5 bedroom Port Largo home has the plus of a new IPE dock, tasteful, expensive, and beautiful Brazilian walnut. You can choose your look, oiled or natural for this attractive dock and decking addition to your yard. Deep water dockage and ease of ocean access is the reason many fisherman, divers and big boat owners, gravitate to Port Largo. Enjoy all the amenities of a community park with tennis courts, walking trails and aquatic amenities. The home is truly inviting with living area open to the dining area and kitchen, very beachy feel and great place to entertain. Plenty of bedrooms for guests too. Another plus, owner put on a new metal roof which enhances the look and integrity of this home. Florida Keys Real Estate and Homes For Sale.
Abundance Galore! Custom built, beautifully appointed and spacious 8 Bedrooms, 5 Baths and 2 Half Baths, CBS home, located in the desirable, waterfront community of prestigious Port Antigua which features an expansive, almost 1,000 feet of white, sandy beach. This is a unique home. Although built as a single-family home, it can function as a duplex to accommodate a large, extended family or group of friends, with a common 1st floor entertainment area with 2 bedrooms, 4 bedrooms on the 2nd level and two master bedrooms on the 3rd level. A total of 4 bedrooms on each side, completely private and locked off from the other side if one so desires. Florida Keys Real Estate and Homes For Sale.
Location, location! Keep all your boats in the water at this 100 foot long dock just minutes away from the Atlantic Ocean in Islamoradas most desirable boating neighborhood, Venetian Shores. Located on a 100 foot wide canal, you can turn your yacht all the way around in these canals and enjoy immediate access to Snake Creek, the main channel between two islands which also provides quick access to Florida Bay for nightly sunset cruises. This all concrete 2/1 up with a separate 1/1 guest suite downstairs is ready to live in as it is, or expand and update to suit your needs. All concrete with a concrete roof and impact windows plus an expansive low maintenance yard. Plenty of room on either side for a pool, and endless parking for your cars, trucks, boats, trailers and toys! Call today! Florida Keys Real Estate and Homes For Sale.
Best value in Port Largo at $305 per square foot (less than what it would cost to build). Some people look for a beautiful place, others make a place beautiful, heres your chance! Located in Port Largo, this is a diamond in the rough...with great bones. This home offers the perfect canvas for your personal updates. Boasting over 3,800 sq ft, a great floor plan, 5 bedrooms, pool , privacy gates and 75 ft of deep water dockage, this property has all the essentials for a great investment and ultimately a perfect keys retreat. Florida Keys Real Estate and Homes For Sale.
A one-of-a-kind 4.33-acre estate on Upper Matecumbe Key. Enter the gate and follow the classic brick driveway to one of Islamoradas most private settings. The main house, which is above the flood zone, offers two bedrooms and two-and-a-half bathrooms, featuring high beamed ceilings, tile floors, and ocean views. A guest cottage offers one bedroom, one bathroom, and a large sitting room. Watch the colors of beautiful sunrises and incredible sunsets reflect off Alligator Lighthouse from all rooms. Look for tailing bonefish and wading birds, or just sit by the pool and relax--Mother Nature is your living room. A caretakers cottage as well as a guest cottage can be added to the property as of right. Two additional lots have the possibility to be rezoned. 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.
Pre-construction! No waiting to build your dream home in paradise! Building permit in hand for main house, guest house and caretakers cottage. Dockage assured in Village Council Meeting. THE CROWN JEWEL OF ISLAMORADA is a must see - Over 21 acres spanning from US-1 to the beautiful bay. Over 1250 feet of secluded bay front! Running from US-1 to the bay, your estate insures privacy and seclusion like no other as well as year round sunsets. Fish, snorkel and swim in your own secluded cove, or fish, kayak and paddle board in your very own free flowing creek (historically known as Little Snake Creek) connecting two salt water lakes loaded with tarpon and snapper. A very rare opportunity to own a true trophy estate in the Florida Keys. Perfect for a family compound or corporate retreat Florida Keys Real Estate and Homes For Sale.
SANCTUARY BEACH HOUSE- This unique Islamorada residence is supremely located on the Florida Bay with year-round sunset views. Tranquil, natural beauty embraces the beautiful azure waters which create a breathtaking backdrop for this beach-style home. One and a half lots on the bay feature a lush tropical vegetation, great lawn, large pool and spa, sandy beach, protected deep-water boat basin with boat ramp, Jacuzzi deck and rock pond with bridge. Once you enter through one of the two electric gated entrances, you are immediately struck by the privacy and tranquility, hence the name Sanctuary. This residence affords stunning, vast panoramas of the Florida Bay. Open and enclosed patios and porches offer abundant opportunities to relax in the sun or the shade. Florida Keys Real Estate and Homes For Sale.
90 Tingler is one of a kind, custom estate with striking views of shimmering turquoise water and is located within the exclusive ten home private community on Tingler Island. This oceanfront home offers a two-story grand foyer, a sizable living area with tons of natural light, a showcase kitchen, five bedrooms, four and a half baths, two remarkable master suites, as well as, a media room/library/bar perfect for entertaining. The exterior is just as breathtaking as the interior. As you exit the multiple French doors, you step out into a large deck with an oceanfront infinity pool and spa. This outdoor space ideal for hosting with its stunning ocean views of East Sister Rock Island and beyond. In addition, Tingler has a T-style dock and a two-car garage. Florida Keys Real Estate and Homes For Sale.
Villa Morada. Enjoy the phenomenal Islamorada lifestyle in this just completed Home! Everything New! 3 Bedrooms / 2 Baths upstairs and lovely, legal 1/1 guest suite, downstairs with separate entry. Stunning open stainless and granite kitchen, huge Living Room. Metal Roof, Rare Garage, and full Veranda overlooking the picturesque canal help make this home special. This Keys Oasis is ideal for entertaining. With 70 Feet of dockage. and super proximity to both Florida Bay/ Gulf and the Ocean, your boat can spirit you away to world class fishing and diving. Fantastic White Marlin Beach Community with its own rare sandy beach! THIS is your Bucket List Opportunity! 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.
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.
Best Boating in the Keys! Desireable Venetian Shores 4 bed / 3 bath home with immediate ocean and bay access via Snake Creek from a 70-foot concrete dock with davits on a 100-foot wide canal. This solid-built concrete home offers a 3/2 upstairs with open kitchen, Florida room, and gorgeous porch. Roof Garden for entertainment.Legal downstairs AptOwner/Agent Florida Keys Real Estate and Homes For Sale.
BEAUTIFUL BAYFRONT PROPERTY in desirable Lower Matecumbe where you can partake in the fabulous backcountry fishing or easy ocean access to enjoy offshore fishing, diving and snorkeling. Concrete 2-story home offering 3bd/2ba up and a legal apartment down, all beautifully remodeled since Hurricane Irma. Enjoy the open living area that is offered while also enjoying the gorgeous open water views of the Florida Bay. Wonderful DOCKAGE with TWO boat lifts (24,000lb and 5,000lb). You will love the backyard with SANDY BEACH and BAYVIEWS or relax POOLSIDE with heater and chiller included. 580sqft. garage which opens on both ends and offers ocean and bay views. This is a property that is turn-key to allow you to enjoy the FL Keys Lifestyle today! Florida Keys Real Estate and Homes For Sale.
Ocean front living at its finest! This custom built concrete home was creatively designed to showcase the breathtaking panoramic ocean view. The open concept floor plan on the main floor is great for entertaining; you can choose to dine alfresco on the large veranda or in the ocean view dining room. The main floor also boasts a chefs kitchen, 2 bedrooms and 1 bath. On the third floor you will find a private oasis! The expansive master suite is equipped with an oceanfront whirlpool tub perfect for a relaxing evening. Step into the backyard where you will find the perfect spot to launch your kayak and paddleboard as well as a new 1,020 sq ft composite dock and 12,000 lb boatlift; everything you need to enjoy the Florida Keys lifestyle! Florida Keys Real Estate and Homes For Sale.
Private bayfront island situated in the heart of the Florida Keys. Nestled behind gates and lush tropical landscaping are a magnificent main house and two private guest houses, a swimming pool, and deep water protected dockage for multiple boats. The island-style two-story main home offers two inviting bedrooms, a spacious living and dining area, a showcase kitchen, and French doors that open to lovely first and second floor porches overlooking the bay. The impressive guest quarters provide comfort and privacy with four bedrooms, four bathrooms, and a private patio with bay views. An additional one-bedroom guest cottage offers open bay views and a sandy beach area. The swimming pool with sundeck is surrounded by swaying palm trees and tropical gardens Florida Keys Real Estate and Homes For Sale.
An oceanfront, modern, three-story home located on Largo Sound. Each level of this resort-like home features spacious wraparound porches with breathtaking ocean views. Enjoy the protected dockage and serene waters off Largo Sound. The solid concrete roof, and impact windows and doors give added security and peace of mind. This completely updated four-bedroom, 3-bathroom home offers concrete block construction, two waterfront living levels, a wood staircase, an elevator to all levels, and a custom white kitchen with granite countertops and an island. Theres a separate entrance to the third level if desired. Add a summer kitchen, a bar, or a backyard pool to complement this warm-weather oasis. Entertain family and guests up on the rooftop deck or down on the ground level. 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.
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.