This is crazy, part II

[DonV]

I guess because I'm a "cheap bastard" and an ex-property owner in the Keys I can't believe the prices for homes down there. If anyone is thinking of buying take your really big check book.

The average price for "regular" properties in the Keys for the first quarter is a smooth $864,093 and the Keys-wide sales were up 66%!!! Oh you might be thinking of moving up to "luxury" properties, the average price is $1,821,524 and the sales of these are up 73%.

Oh yeah, now that we are free again as Americans from the Covid crap and may want to go for a weekend or so to the Keys, the average daily room rates are the highest on record.

Should have bought stock in Weyerhaeuser or Georgia Pacific lumber!

Yep, this is crazy!!

[strick]

What goes up must go down... At some point

Strick

[rcnight]

Don - so are rentals in the Bahamas any better?

[DonV]

Hummm.....good question!! We need an expert to let us know! Danny?

[jorgeinmiami]

Townhomes in my community in Islamorada are selling for 450k+ and they don't last long.

Earlier this year I was offered a canal home in Islamorada that was in real nice shape but only a 2 bedroom 2 bath and they were asking 769k. Between the house and closing costs it was just north of $800k . CRAZY ��

[DonV]

Yeah Jorge, the realtor I deal with told me if you want a single family house on the water, canal front, in the 3/2 or even 2/2 size in Lower Mat down to Grassy you will have to start in the $1million range.......minimum! OUCH!! On oceanside, and especially bayside, waterfront double it!!

[NoBones]

Friends of ours that bailed out of Key Largo and have home under contract
for over a 1M !! To think 35 years ago past on a home in Islamorada in Treasure Harbor for $250,000... Today 1.6M

House across from area 442 on 10.5 acres just sold for $650. half the size of mine.. They are coming from California ! Could not take the BS there anymore.. Yes we are on the same page. Thank God !

[DonV]

Please, Please, PLEASE.....leave your BS in CA, NY, NJ, etc.!!!!!!! We are and were doing just fine in FL without you and your liberal BS!!

[bumpdraft]

Even in my humble neighborhood I’m sure I could get 5 times what I paid for my house and lots, but where would I then go.’

[NoBones]

Originally Posted by bumpdraft

Even in my humble neighborhood I’m sure I could get 5 times what I paid for my house and lots, but where would I then go.’

"A van down by the river"