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Duck Key Online Community Archive - Year 2008

 

SUBMITTAL PROCESS

Community groups that have items of interest for island property owners can cut and paste text information from their publications and send it in e-mail format to info@duckkeyonline.com. If sent as an attachment rather than cut and pasting to email be sure it is sent in rich text format.

As time allows, information of general interest not in computer format will be scanned with optical character recognition software or Photoshop software and placed in the archives.

 

ARCHIVES

Community archive material has been separated by year. This page contains information for

2008

together with links to archive material for

2010, 2009, 2007, 2006, 2005, 2004, 2003, and 2002.

Materials posted include flyers, newsletter items, minutes, and other publications on issues of general interest to the Duck Key community. Click on an item for the complete article.

 

SEARCH THE DUCK KEY ONLINE ARCHIVES AND WEBSITE

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WHAT'S NEW ON DUCK KEY - May - June 2008

1. Structural Deficiency of Bridge on Duck Key

2. Unique Shield Signs on Duck Key

3. Blacklisting of Hawk's Cay Village by BankUnited

4. Helicopter Landings at Hawks Cay

5. Hawks Cay Realty replaces Singh Realty at Hawks Cay

6. Is it a Hawk or a Turkey Vulture?

 

7. Real Estate News and Foreclosures in the Florida Keys, Key West and Florida

To find out the latest about home sales on Duck Key, the Florida Keys and Key West together with statistics and graphics about foreclosures go to Real Estate News and Foreclosures June 2008

The chart below showing the imbalance between inventory of homes for sale and the number sold has been updated for the year end 2007 and first quarter of 2008.

end of 2002 end of 2003 end of 2004 end of 2005 end
of 2006


end of 2007

as of 1st quarter 2008

 

Number of Sales 3089 3390 3510 2752

1500

1311 266

 

Aver. Sale Price 323K 433K 563K 782K

802K

731K 635K

 

Number for Sale 1822 1810 1818 3469 4,629 4585 4856

 

5. Additional material on Jack Stark, Duck Key photographer

 

 

 

WHAT'S NEW ON DUCK KEY - FEBRUARY 2008

1. Hawks Cay Resort News - resort name change, doctored image of Duck Key does not include Harbour Island or Utility Island, renovation costs, unrest, formation of a independent rental program not connected to Hawks Cay, noise, award finalist nomination

2. New information on Duck Key history - Roy Cohn and F.B.I. Investigation

3. Sherry Popham - Duck Key Noteable

4. Real Estate News and Foreclosures in the Florida Keys, Key West and Florida

To find out the latest about home sales in the Florida Keys and Key West together with statistics about foreclosures go to Real Estate News and Foreclosures February 2008

The chart below showing the imbalance between inventory of homes for sale and the number sold has been updated for the third quarter 2007.

 
end of 2002 end of 2003 end of 2004 end of 2005 end of 2006   as of 2nd quarter 2007

as of 3rd quarter 2007

Number of Sales 3089 3390 3510 2752

1500

  767

1068

Aver. Sale Price 323K 433K 563K 782K

802K

  746K

744K

Number for Sale 1822 1810 1818 3469 4,629   4559

4349

 

5. Real Estate News and Forecasts - February 2008

An abundance of inventory - For every ten homes on residential Duck Key approximately one in ten was for sale this January 2008. Just a few years ago there were only a total of ten residential homes on the market and realtors complained that too few home were available to show interested buyers. Now it is a buyers' market with home owners competing with bank owned and foreclosed homes and short sales. Two residential properties on Duck Key are currently in foreclosure.

On the commercial Indies side of Duck Key one in every eleven villas and condos was for sale this January 2008. Word has it that more than fifteen properties are in preforeclosure. Fewer villas are for sale now than previously as many owners have pulled their properties from the sale listing. Some are listing their property exclusively with a realtor so they do not appear on the multiple listing service.

One in eleven properties may seem like a lot, but down the road in Marathon, Tranquility Bay Beach House Resort had 28 out of 87 units for sale this past January. That's about one in every three Tranquility properties for sale. For more go to Real Estate News and Forecasts - February 2008

 

6 .Waste water Information

How Duck Key was exempted from Conch Key Sewer Project because of politics. Political ruse kept Duck Key from being included.

Ed Swift letter "State of Florida's sewer priorities are not in sync with reality".

Keys struggles to obtain sewer funding while U.S. will pay for Tijuana, Mexico plant.

Duck Key Wastewater District - FKAA Update July 2007

Waste Water Presentation to Duck Key Property Owners June 19, 2007

7. Link to construction pictures of Hawk's Cay

8. Bargains? - Some properties selling for less

9. Florida Keys Aquaduct Authority

Can you taste the difference? Brackish Floridan Aquifer water again blended with the primary freshwater supply from the Biscayne Aquifer starting December 1

Low Flow Toilet Retrofit program that offers $100 for each older, inefficient toilet that customers replace with a newer 1.6 or less gallon per flush model. Go to FKAA for information

 

MONROE COUNTY RECORDS - DUCK KEY PROPERTIES SOLD FROM SEPTEMBER 2006 to May 2007

Sold on 5/08/08 for $400,000 - 7008 Harbor Village Dr.

Sold on 5/02/08 for $515,000 - 157 S Indies, Duck Key

Sold on 03/13/08 for $380,000 5073 Sunset Village


Sold on 4/04/08 for $450,000- 159 N Indies Dr, Duck Key

Sale Pending - $495,000 - posted 1/2008, 5103 Sunset Village Drive - Conch 2 BR/2.5BA in Sunset Village area , previously sold for $216,400 on 7/1999.

Sale Contingent - $495,000 - 5078 SUNSET VILLAGE DR 12/2007, previously sold for $227,300 on 10/1999.

Sold for $1,100,000 - posted 1/2008, - 1128 Greenbriar

Sold - 5033 Sunset Village conch villa on 5/04/2007 for $248,500 for Quick Claim.

Sold - $445,000 - 5075 Sunset Drive, 2 BR/ 2.5 BA - 1/2008 previously SOLD for $575,000 on 5/2006, on 11/2002 sold for $305,000, on 8/1999 sold for $216,500.

2014 Marina Villa - original price $1,195,000, Sold for $924,500 on 12/2007, previously SOLD on 4/19/2005 for $865,000. earlier Sold on 12/1997 for $199,900

147 Indies South - sold for $425,000 on 11/15/07, previously sold for $810,000 on 7/26/2005

5052 Sunset Village Dr - Sold for $475,000 on 10/07, previously sold for $295,000 on 07/2001

4401 Marina Villa Drive - sold for $395,000. 10/15/2007

188 Indies South - Sold for $1,150,000 on 10/5/2007, previously sold for $1,700.000 on 2/2007, now listed for sale at $1,650,000.

178 Indies South - Sold for $1,275,000 on September 26, 2007, original price $1,695,000

272 West Seaview Drive - sold for $1,425,000 on 9/12/2007, previously sold for $1,060,000 on 10/2006. Prior to selling for $1,060,000 in 2006 had been listed at $1,395,000 then $1,350,000

6006 Marina Villa Dr. - Sold for $425,000 on 09/14/07 by Washington Mutual Bank, original price $869,000, had been LIS PENDENS in December 2006,

416 Harbour Dr - Sold for $1,700,000 - 8/30/2007, original price $1,850,000

5113 Sunset Village Dr - Sold for $510,000 on 8/28/07, original price $699,000

7013 Harbor Village Drive - Sold for $450,000 on 8/27/07, original price $499,000

316 East Seaview Drive sold for $1,350,000 - 8/15/2007, original price $1,799,000 1/2006

239 West Seaview Circle sold $670,000. 6/12/2007

8301 Marina Villa Drive - original asking price July 2006, $899,000. Relisted at $599,000, sold for $550,000. 6/26/2007

305 Calamondin Street - list price $2,900,000, sold $2,800,000. 5/10/2007

5063 Sunset Village - Hawk's Cay original price $725,000, sold $497,500. 5/09/2007

5033 Sunset Village - sold $248,500. 5/04/2007

5059 Sunset Village Drive - Hawk's Cay listed for $517,000, sold $475,000. 4/23/2007

235 West Seaview Drive - sold for $670,200. 3/15/2007

Hawk's Cay Villa # 7014 - original price $599,000 - sold for $480,000. - 3/09/2007

Singh Company sells Hawk's Cay Villa # 7064 Harbor Drive - list price $1,000,000. Sold February 16, 2007 to to BH/NV Hawk's Cay Property Holdings for $1,600,000

Hawk's Cay Investors sells Hawk's Cay Resort for $79,000,000. to BH/NV Hawk's Cay Property Holdings on 2/16/2007

Singh Company - 4 sign parcels sold for $1,600,000. to BH/NV Hawk's Cay Property Holdings - February 14, 2007

254 West Seaview Dr. - listed at $1,395,000 - sold for $1,375,000 - 2/2007

Hawk's Cay - Villa 7046 Harbor Drive - Sold - January 2007 for $612,500. Previously sold for $695,000 in November of 2004

4403 Marina Villa Dr. - listed for $1,200,000 - sold for $950,000 - 1/ 09/2007

Hawk's Cay - Villa 5089 Sunset Village Dr. - sold 12/26/ 2006 for $490,000 - previously listed for $700,000 in November 2005, then reduced several times until November 2006 asking price of $550,000.

Hawk's Cay Villa - $695,000 - 5021 Sunset Village Drive - Conch 2 BR/2.5BA in Sunset Village area - Sold for $683,000 - closed 11/2006

Hawk's Cay - Villa 5106 Sunset Village Drive closed September 2006 sold for $620,000.

 

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