Key West FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Key West, Florida.

Total: 8
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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C 10TH AVE Key West FL 33040 Foreclosures 3 2 $170,515.00 Details
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S S ROOSEVELT BLVD # S306 Key West FL 33040 Auctions 3 2 - Details
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6 Photos
EAGLE AVE Key West FL 33040 Auctions 3 2 - Details
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8 Photos
BAHAMA DR Key West FL 33040 Foreclosures 3 2 $309,000.00 Details
5
17 Photos
MARGARET ST APT 2 Key West FL 33040 Foreclosures - 1 $189,900.00 Details
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MARS LN Key West FL 33040 Foreclosures 2 1 - Details
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TRUMAN AVE APT 201 Key West FL 33040 Foreclosures 2 2 - Details
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GOLF CLUB DR Key West FL 33040 Foreclosures - - - Details
About our Listings

How to Buy Key West Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Key West, FL starts with finding listings. By browsing Key West foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Key West, FL.

>> See more info about how to Buy foreclosures

How to Invest in Key West Foreclosures

How to invest foreclosure

Key West foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Key West real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Key West foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Key West foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Key West

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Key West will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Key West, FL. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Key West apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Florida Foreclosure Laws

Foreclosure law

In the state of Florida, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Florida are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Florida REO properties.

Key West Banks Foreclosures

Bank Foreclosure

Key West bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Key West, FL are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Key West bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Key West Florida to be similar to buying from an agent. Check our Key West bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Key West Government Foreclosures

Government Foreclosure

Key West Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Key West FL are another popular type of foreclosure, as are VA foreclosures in Key West, which are available from the Veterans Affairs Department for especially great deals. Check our Key West government foreclosure listings.

>> See more info about govermment foreclosures

Key West Pre-Foreclosures

Foreclosure

PreForeclosures in Key West are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Key West Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Key West Foreclosure Auctions

Foreclosure Auction

Most Key West foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Key West, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Key West, FL. We offer a comprehensive Key West foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Key West, Florida

Find Home Foreclosure Listings in Key West, FL

Key West foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Key West, FL and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Key West Florida, best affordable foreclosure condo in Key West, cheap apartments for sale, bargain foreclosed homes for sale in Key West, FL and earn huge savings on the homes YOU want to buy!

Our Key West Foreclosure Lists

You can find Key West foreclosure homes for sale which you can buy for living or investment. Simply click through our Key West foreclosure home listings to find government foreclosures and bank owned homes in Key West area. If you're searching for a deep discount or low prices on real estate then searching our Key West foreclosure lists for homes foreclosure for sale or short sale listing in Key West is your answer. Our up-to-date Key West short sale listings provide the latest investing opportunities on affordable Key West bank owned property listings, government pre foreclosure lists, Key West banrkuptcy homes and Key West HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Key West, you should have little trouble finding the cheapest deal on a foreclosed home in Key West, Florida.

You can also search Key Largo foreclosure listings and Summerland Key foreclosure listings for more properties in the neighboring area.



Key West, FL

As of 2011, Key West's population is 23,174 people. Since 2000, it has had a population growth of -9. 13 percent. The median home cost in Key West is $647,800. Home appreciation the last year has been -7. 91 percent. Compared to the rest of the country, Key West's cost of living is 77. 00% Higher than the U. S. average. Key West public schools spend $6,375 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 9 students per teacher in Key West. The unemployment rate in Key West is 5. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Key West jobs have Decreased by 1. 20 percent. Average Commute time is 15 minutes. The National Average is 28 minutes.

Peoplekey-west, flUS
Population23,174307,829,557
Pop Density3,87787
Pop Change-9.13%9.34%
Median Age44.636.6
Households10,151116,329,167
Household Size2.212.58
Male Population54.91%49.31%
Female Population45.09%50.69%
Married Population35.68%47.15%
Single Population64.32%52.85%
Estimated Households By Household Incomekey-west, flUS
Income Less Than 15k9.57%12.10%
Income Between 15k And 25k7.37%10.18%
Income Between 25k And 35k8.66%10.56%
Income Between 35k And 50k14.77%14.98%
Income Between 50k And 75k21.02%19.53%
Income Between 75k And 100k14.72%12.52%
Income Between 100k And 150k13.07%12.14%
Income Between 150k And 250k4.93%3.91%
Income Between 250k And 500k4.76%3.34%
Income Greater Than 500k1.14%0.75%
Economykey-west, flUS
Unemployment Rate5.90%9.10%
Recent Job Growth-1.20%-0.12%
Future Job Growth31.70%31.25%
Sales Taxes7.50%6.80%
Income Taxes0.00%6.25%
Income Per Cap$36,175$27,067
Household Income$61,235$52,954
Housingkey-west, flUS
Median Home Age45.635.1
Median Home Cost$647,800$175,100
Home Appreciation-7.91%-3.15%
Homes Owned42.69%59.90%
Housing Vacant20.13%10.37%
Homes Rented37.18%29.73%
Property Tax Rate$8.38$11.20
Owner Occupied Housing Units By Valuekey-west, flUS
Less Than 20k0.02%2.65%
20k To 399990.46%3.76%
40k To 599991.77%4.99%
60k To 799992.42%6.01%
80k To 999991.98%7.27%
100k To 1499991.15%19.24%
150k To 1999990.74%14.67%
200k To 2999994.51%18.09%
300k To 3999999.18%9.14%
400k To 49999912.70%4.94%
500k To 74999929.44%5.42%
750k To 99999915.86%2.03%
1kk Or More19.77%1.77%
Educationkey-west, flUS
School Expend$6,375$5,678
Pupil Teacher Ratio13.914.9
Students Per Librarian644803
Students Per Counselor441513
2 Yr College Grad8.33%7.47%
4 Yr College Grad20.99%17.42%
Graduate Degrees11.71%10.12%
High School Grads89.46%84.72%
Crimekey-west, flUS
Violent Crime74
Property Crime94
Housing Units By Year Structure Builtkey-west, flUS
1999 To 20056.71%13.71%
1995 To 19987.51%8.54%
1990 To 19944.73%5.77%
1980 To 198911.72%13.87%
1970 To 197910.62%16.17%
1960 To 196914.14%11.70%
1950 To 195916.98%11.08%
1940 To 194910.01%6.02%
1939 Or Earlier17.58%13.15%

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