Monday, December 6, 2010

The Conchquistador Deal of The Day 12/6

223 Hispanola Key Largo
Originally listed at $899,000...just Sold for $130,000
Ok, so those of you who regularly read The Conchquistador's Blog know what an evangelist I am for the Keys Lifestyle and all the great real estate opportunities that we have down here in the Fabulous Florida Keys.  That being said, even I am sometimes agog with the deals that I see pop up.
The cold hard truth, as everyone is aware is that our real estate market was hit HARD.  We like most of the nation experienced some extremely heady days (maybe daze??) back in the mid part of the last decade, when values went thru the stratosphere, and now we have CRASHED back to Earth.  We needed it.  I'll say it again...We needed it.  It all got too crazy, and the Market got way too ahead of itself, thereby creating a false economy and the chaos that we subsequently have endured.  The silver lining??  Were we are today and were we are hopefully going.  Where we are going is in my opinion, baring wars and natural and man-made catastrophes is a plateau of sorts for the next year to 18 months followed by realistic..slow growth and dare I say it??? Appreciation.  Where we are today...leads  us to Today's Deal,
Originally listed at $899,000 and now sold for....$130,000
Yes, like a bad hangover, the bill came due for this property, and a nice property at that.  Fantastic deal for the new buyer.  Close to everything, Pennekamp, the Mainland, Tavernier and free boat ramp at Harry Harris Park.  Perfect weekend retreat.
Description: Attention Investors! Great income potential! Tenants are already in place. Very well-built concrete fortress, completely fenced, needs some TLC. Price includes the adjacent buildable lot BK10 LT7 which has a beautiful wood deck and fireplace built in. A community boat ramp, park and sandy beach are nearby. Just dropped $100,000.
3 Bedrooms /3 Bathrooms
Mile Marker 93
List Price $199,000 - Sold Price $130,000
Click Here for Detailed Brochure with Photos
Click Here for Mapped Location

Ready to Capitalize of YOUR  real estate Opportunity?? Put the expertise of the Conchquistador to work for you! For more information on the outstanding real estate opportunities that exist in the Keys, call me at 305.439.7730 or email me at

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