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By Gary Thomas
(Preferred Properties Key West)
Comments 0
The house at 512 Catherine Street, Key West sold this week for $1,200,000. Krystal Thomas (no relation) of my office represented the buyer. My friend Suzanne Moore represented the seller. There have been numerous closed real estate deals in the past two months in all price ranges. I was both surp...

By Gary Thomas
(Preferred Properties Key West)
Comments 0
The asking price on 714 Passover Lane, Key West was just reduced by $250,000. Now offered at $1,249,000 you can buy your Key West dream project. It's a fixer, but not like the falling down kind in Bahama Village or the flat on the ground in New Town.  And this property is located in the coveted O...

By Gary Thomas
(Preferred Properties Key West)
Comments 5
 Two senior adult siblings lived in this Old Town home for many years. The place was a wretched mess. I showed the property several times to prospective buyers who were shocked both at the living condition but also the asking price. I saw the value in the location but warned the renovation would ...

By Gary Thomas
(Preferred Properties Key West)
Comments 3
I have been selling houses in Key West since 1997 - that's 23 years. I picked up some good stories along the way. Last week I told my dear readers about the old lady who lived in a big derelict house on Southard Street who shooed me away from parking on the William Street side of her house. It wa...

By Gary Thomas
(Preferred Properties Key West)
Comments 4
 The asking price on 912 Fleming Street, Key West, was just reduced from $2,395,000 to $2,150,000. The historic house dates back to the later 1890s and has been updated and expanded. It now has six bedrooms and five bathrooms. There is a 750 SF legal apartment in the front that the owners do not ...

By Gary Thomas
(Preferred Properties Key West)
Comments 6
I was driving a potential buyer to an appointment one afternoon many years ago when he asked to stop at this house and ask the owner if he or she would sell it. I said that is not how it is done. He insisted so we got out of my car, entered the yard, knocked on the door, and introduced ourselves....

By Gary Thomas
(Preferred Properties Key West)
Comments 6
Pardon the blurry image of the Old Town house that I sold the first day on the market in 2003. That happens quite often in Key West so the fact it sold on the first day is not remarkable except for what we found at the back side of the house. I had been working with the buyer for over a year. He ...

By Gary Thomas
(Preferred Properties Key West)
Comments 5
Since I have had so much time on my hands lately, and there are only so many Netflix series to watch, I returned to Google search and sought to find a picture of a place that gave me might mares since I was a child. The above building is identified as The Monarch Crest Cafe & Curios located atop ...

By Gary Thomas
(Preferred Properties Key West)
Comments 1
How many readers remember when there was an F.W. Woolworth's located at the Searstown Shopping Center or a J.C Penny store located at the Overseas Market? Or that there was a Kenny Rogers Roasters located at 2514 N. Roosevelt Blvd before it became Centennial Bank? We drive by houses and buildings...

By Gary Thomas
(Preferred Properties Key West)
Comments 5
  I know it is going to get better. But it is getting worse.

By Gary Thomas
(Preferred Properties Key West)
Comments 2
My first fact to face contact with potential buyers normally occurs when I pick them up at their hotel - usually five minutes before our first showing. I roll down the passenger side windows and welcome them into my car where we introduce ourselves and head off to showings. As we move from house ...

By Gary Thomas
(Preferred Properties Key West)
Comments 3
I have lived in Key West for 27 years and have watched this town change so much over those years. Sometimes when I drive through a part of town I have not seen for several months I marvel at how nice it looks and try to remember what it looked like before. I reckon it was different but can't reme...

By Gary Thomas
(Preferred Properties Key West)
Comments 13
Every year around the second week of March I recall my first visit to Key West in 1985 which changed my life forever.  I could not find Key West on a map when I first read about it in AFTER DARK magazine in January 1978. I still have that magazine. The pictures of Randy Jones of The Village Peopl...

By Gary Thomas
(Preferred Properties Key West)
Comments 2
You can bury your head in the sand or go about living your life. We will get through this stuff. 912 Fleming Street Key West12:00 to 2:00 PMPeople are awed by this home.See for yourself.  

By Gary Thomas
(Preferred Properties Key West)
Comments 1
Today's blog is a continuation Key West real estate transactions where horrible things happened. Unlike some earlier blogs that dealt with death or mistreatment of animals, this story deals with taking advantage of an elderly gay man by a Key West real estate agent. It was 2006 or 2007 that I fir...

By Gary Thomas
(Preferred Properties Key West)
Comments 5
 I was at the gym earlier this morning when another Key West Realtor entered the door. He swiped his membership card and walked over to hang up his keys. He came over to where I was working out to say hello and asked if I have been busy. Not I said. It's been dead. He said the phones have stopped...

By Gary Thomas
(Preferred Properties Key West)
Comments 4
 I went on Realtor Caravan this morning and saw several homes in the Mid-Town and New-Town areas of Key West. Realtors are not supposed to comment negatively about other agents listings so I won't except to say many of the homes built in the mid to later part of the Twentieth Century looked prett...

By Gary Thomas
(Preferred Properties Key West)
Comments 1
Just Listed 1413 Von Phister Street, Key West. This house was built in 1948 just after America began to rebuild after World Wat II and has been renovated to meet the needs of its long time owner, an artist of international repute. The house three bedroom, two bath house has 1,470 Sq Ft of interio...

By Gary Thomas
(Preferred Properties Key West)
Comments 2
  Just Listed the William Kemp House at 312 Fleming Street, Key West. This home is located near the foot of the William Street which was and still is the principal harbor in Key West. I found a photo of William Street taken in 1895 that shows a smaller one story house in the location where 312 Wi...

By Gary Thomas
(Preferred Properties Key West)
Comments 1
The 2008 real estate market turn down in Key West was preceded by several years of spirited real estate consumption - especially in the Old Town Area. That is because this area most returning visitors know and believe this is where they should make a purchase. Houses occupied by locals known as "...

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