Florida Keys residential Waterfront Property Disappearing

Released on = May 21, 2007, 9:13 am

Press Release Author = Jan Keller

Industry = Real Estate

Press Release Summary = Waterfront properties throughout the Florida Keys are being
grabbed up by developers who understand the value in building multi million-dollar
homes with spectacular views

Press Release Body = Waterfront properties throughout the Florida Keys are being
grabbed up by developers who understand the value in building multi million-dollar
homes with spectacular views of Florida Bay, the Atlantic Ocean and the smaller
inlets that connect those waters to the Florida Keys.
Islamorada, Florida May 22nd, 2007 -- In order to preserve public access to the
waters through Boat ramps, Monroe County (The Florida Keys) is considering purchase
of properties that already offer dockage and that have large enough space for Boat
trailers turning radius. One of the main reasons they are looking for established
properties is that it\'s extremely difficult to win state and federal approvals for
new docks.

Because the Key Largo and Islamorada area offers some of the best fishing and
diving, the upper Keys are one of the areas Monroe county leaders are currently
considering for property purchases.

When asked for her opinion about all this, Islamorada REALTOR, Jan Keller remarked:
I think it\'s great that the county is approaching it this way. With all of the
development just north in Homestead and South Miami, we are seeing increased
pressure on our water access. Especially open water homes, due to second Home Buyers
and especially Investors. So what the County is doing will really help maintain
public access to our incredible water recreation.

When asked about the sales in the Keys and if there was a slump. Jan further
remarked: There has certainly been a price adjustment and that did stall the market
somewhat.

However, now that pricing has settled, homes are selling either in the Lower price
brackets of under $500,000 or in the upper brackets from about 1 million five and
up. Lots of smart buyers are coming in now and looking for investments, 1031
exchanges and second homes.
Jan Kellers website at www.islamoradajan.com provides in-depth information for
potential Keys buyers


Web Site = http://www.islamoradajan.com

Contact Details = Jan Keller
Islamorada Office
Coldwell Banker Schmitt
305-289-6623
Cell-305-664-7069
Fax- 305-664-4111

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •