What's so great about living in Key West? How much does it cost?

it's another beautiful day in the Florida Keys I'm Gary McAdams with Barbara Anderson Realty the Key West life one question I find myself getting asked a lot is where does the Key West labor force live people see the prices of houses and they wonder where the people working at the hotels and the restaurants live that's a multi-pod answer and I'll do my best to explain it here but first please subscribe to my YouTube channel and click the like button below letting me know if you like this video also be sure to stay to the very end that's what I'm going to discuss the prices of the houses we're seeing right here I'm just going to cover the actual island of Key West today a lot of the labor force lives up the keys several islands up but that's another video for another day one more reason to subscribe to my YouTube channel Key West basically has five different sections Newtown which is where the homes we're looking at today are located Midtown the Casa Marina area The Meadows Old Town Bahama Village which is part of Old Town And The Truman Annex which is also part of Old Town I live in Newtown myself I would think it's fair to say that more of the workforce lives in Newtown or Bahama Village than any of the other Key West neighborhoods I didn't edit anything out of this video I wanted you to see it exactly as you'd see it if you drove around the neighborhood if this trash cans out front I left them there some of the homes having some work done on it this Construction Dumpsters even a porter John I left it there I wanted you to see exactly what I see every day I enjoy living here a lot and I'm sure you will too most of the homes in Newtown are occupied by year-round residents a lot of them are investment rental homes and the residents are renters a lot of them are owner occupied but for the most part those of us that live here in Newtown live here year round we actually have a huge shortage of rental properties in Key West if you're thinking about buying an investment income property this is the place to do it give me a call at 305-731-0501 and I'll start sending you listings of properties that would make great rental homes there's a lot of them available for sale there are a lot of great features of living in Newtown some of the ones I like the best is the house is a larger generally than the ones in Old Town the yards are usually a lot larger the lots of land most of the houses come with off-street parking or if you do have to park in the street there's very rarely a time where you don't get a spot right in front of your house that certainly wouldn't happen if you live downtown also it's a lot quieter over here I really like that if I do want to go downtown and go to dinner or go out to one of the shows or go one of the sunset sails or partake in the nightlife I'm only a 10 minute car ride away but when I want quiet and don't want to have to fight for parking and don't want to find beer cans in my front yard I don't want to look outside and see drunks peeing In My Bushes again I'm 10 minutes away in quiet Newtown now let's talk about price the houses in Newtown On The Low End will start around 750 800 000 on the high end average about a million six a million seven once in a while we'll get a house that needs some work in the 600s and once in a while we'll get a Mega Mansion up in you know the 3 million plus range but a pretty good generalization is about 750 000 to about 1.7 million dollars at the time of this video there's a four bedroom three bathroom one thousand two hundred eighty seven square foot house it's offered at eight hundred twenty nine thousand dollars there's another one that's three bedrooms two bathrooms 1572 square feet offered at eight hundred ninety five thousand dollars there's a two bedroom three bathroom twelve hundred square foot house with a nice in-ground pool that one's offered at one million one hundred ninety nine thousand dollars there's a two bedroom two bathroom one thousand four hundred twenty seven square foot house with a nice pool that's offered at one million three hundred fifty thousand dollars next we have a three bedroom three bathroom two thousand three hundred twenty five square foot house on a canal that's great Key West living step out your back door and your boat's right there in the yard the lot offers a little over 50 foot of dockage this house also has a two-car enclosed garage which is pretty rare for the keys it's offered at one million seven hundred ninety nine thousand nine hundred dollars those are five houses and it's kind of randomly selected for no reason to give you an idea of what can be bought at what price if you want to look at homes for sale in Key West or anywhere in the Florida Keys give me a call at 305-731-0501 I'll put you on an automatic email portal from the MLS I'll start sending you listings I'm Gary McAdams with Barbara Anderson Realty the Key West Life

Channel: Gary McAdams, PA, Florida Keys Real Estate

Views: 43,366

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Id: 9toek1CD2Fo

Length: 5min 31sec (331 seconds)

Published: Tue Jan 17 2023