Saturday, May 27, 2006

Renting your Keys home out as a seasonal (vacation rental)or long term.

Renting your home out as a seasonal (vacation rental)or long term.
Long-term renters are generally easier to find as there is a shortage of homes for rent. So, if you want to buy something for retirement or a vacation home and rent it out to help your payments-this is typically the easiest way. (Long term rentals are considered to be anything over 6 months, as the tenants don't pay the 11.5% Florida tax)

Generally long-term rentals should be unfurnished.

Initially your agent’s company will do a credit check before submitting a lease to you, then with your approval of the lease, they typically collect the first and last months rent plus a security deposit which is typically a months rental amount.

Sunday, May 21, 2006

More about Key largo and the upper Keys

If you’re looking to relocate here, there are homes as of Sept 2005 listed from $269,000. Of course as of 2006, they go up from there: the least expensive single family home now you'll find is about$399,000. (To get an idea on how prices work, look under the investment page for the Florida Keys.)
• The Key Largo housing market is diverse and eclectic, and includes everything from ultra-modern big new houses and condos to just plain old-Florida funky, and everything in between. It is a complex market, and will take the buyer or investor some time to comprehend.
• The market also covers a lot of physical territory: Key Largo itself, the largest and longest of the Florida Keys, stretches for 30 miles from the resort yachting community of Ocean Reef at the island’s north end (which exits to the Mainland by a separate bridge over Card Sound) to the community of Tavernier at its southern tip
• Moreover, another part of the diverse Upper Keys real Estate market is Islamorada, the 17-mile long, half-mile wide, often handsomely groomed municipality that picks up where Key Largo leaves off and is comprised of Plantation Key, Windley Key, and Upper and Lower Matecumbe Keys

Key Largo and the upper Keys overview

Once you leave civilization at Florida City, Key largo is the first town and first island you come to as you travel down US 1 -- across a dozen plus miles of beautiful and still totally pristine Everglades country, then along a narrow strip of mangrove splitting Barnes Sound from Blackwater Sound and Florida Bay, now across the old swing bridge at Jewfish Creek, finally over Lake Surprise. And there it is: Key Largo, the stuff of myth, located some 55 miles and about an hour south of Miami International Airport and just 24 miles south of Homestead. You are now on a different planet.

Since 1948, when it was the setting for the movie, "Key Largo," starring Humphrey Bogart, Edward G. Robinson and Lauren Bacall, the name Key Largo has become world famous. In fact, Key Largo is one of the oldest place names on early maps of the North American continent, dating back to the sixteenth century when the Spanish explored the area looking for riches to take back to Spain. Today it is Miami’s Cape Cod -- and for the rest of us it is the Gateway to the American Caribbean.

The climate is subtropical and foliage is lush. Temperatures have only a few degrees day-night fluctuation, compared with much of the rest of Florida. There’s a steady sea breeze, and rain tends to be passing showers

Key Largo has become synonymous with the laid-back Keys lifestyle. Yet Key Largo is also a particularly vibrant community due to it’s being close to Miami. On the weekends, it is an easy drive for people to visit the Keys and their unique ambience. For investors it means great occupancy rates, for 2nd homeowners a quick and easy getaway. If you want to make this your home, well, Key largo was ranked No. 11 of the 50 Best Places to Live list by Men's Journal Magazine in 2002.

Key largo. Paradise found

You Can Live in Paradise
Incredible Sunsets, Tropical Weather, lots of sun, Palm trees, Balmy Nights with Soft Tropical Breezes. How about a unique array of colors: for instance, shades of Greens you never knew existed? How about, world-class fishing and diving within minutes of your home? How about year round citrus, vegetables, gardens and really fresh seafood? How about clean air, beaches and pure nature and all of this mixed in with a laid-back Island attitude?
If all this sounds (too!) good, consider this--since we only spend a small percentage of our lifetimes outdoors, why not make the most of it?
The Florida Keys are a unique American landscape. They are not even like the rest of the Florida. Called by some “America’s Caribbean,” they are reminiscent of the Bahamas or the Caymans or the Netherlands Antilles. They are low-lying dots on an azure sea that separates Cuba from the U.S., strung 130 miles in a long narrow corridor athwart the Gulf Stream, and bordered by one of the world’s principal coral reefs that was the scourge of pirates and the Spanish fleet nearly 500 years ago but beckons divers, fishermen, and boaters today.
How about going on vacation and never going home?