1031 EXCHANGE ~ WHAT'S IT ALL ABOUT?

When you sell a real estate investment, you make capital gains, or at least that’s the hope. Those profits come at a price, though. You’ll owe taxes on the income, which depletes the money you earn. The 1031 Exchange or like-kind exchange is a way around the tax issue.

✔️ A simultaneous 1031 Exchange occurs when you sell a property and buy another on the same day. You transfer the profits from one property to another, never taking possession of the cash, which would trigger the tax liability.

✔️ A deferred 1031 Exchange occurs when you sell a property, and within 45 days find another property in which to invest.

If you’re interested in learning more about 1031 Exchange or if you have any questions, please reach out. We would be more than happy to help.

(305) 664-4966 | (305) 451-4078 | AmericanCaribbeanRE.com 

FAREWELL TO 2020 HURRICANE SEASON ~ FLORIDA KEYS STYLE!

Photo: Rob O'Neal

 The 2020 hurricane flag burning ceremony staged late Monday afternoon in Key West.

BREAKING NEWS: THE 2020 ATLANTIC HURRICANE SEASON ENDED YESTERDAY, NOVEMBER 30TH, AND WITH IT CAME THE ANNUAL BURNING OF THE HURRICANE FLAG IN KEY WEST (AKA THE CONCH REPUBLIC).

NOVEMBER IS MANATEE MONTH! ESPECIALLY HERE IN THE FLORIDA KEYS!

November is #ManateeAwarenessMonth, and in the #FloridaKeys these gentle giants can be found in canals, often with their young, so keep your eyes out while boating to avoid any contact with manatees. #ConnectAndProtect

https://americancaribbean.com/

AMERICAN CARIBBEAN REAL ESTATE ~ FROM THE AFFORDABLE TO THE FABULOUS!

 

AFFORDABLE - AWESOME CONDO WHERE WEEKLY VACATION RENTALS ALLOWED!  Moon Bay is a fully gated community with amenities including a pool, tennis court, marina, sun deck, clubhouse, saunas, and more. This 2 bedroom, 1 and a half bath condo is nicely updated and furnished. Ready to be your new permanent home in the Keys or your next rental investment. The condo has impact windows and a view of the bay. Moon Bay is located right on Blackwater Sound, giving you easy access to several waterfront bars & restaurants, and grocery stores.

And then...

FABULOUS - 0VER 21 ACRES! Start building your dream home & dock without the wait. Over 1250 feet of bay front! Active permit in hand. private access from US-1 to your estate and year 'round sunsets over a secluded pristine cove on one of the largest residential parcels available in the Keys. snorkel from your beach. Watch the manatees, dolphin and turtles frolic around the basin. A bird lover's paradise. Quick ocean and bay access via Snake Creek accommodating boats of almost any size. Perfect for a family compound or corporate retreat. The land encompasses 1263.5 linear feet of unobstructed frontage on the beautiful Florida Bay, including a spectacular secluded cove, two natural saltwater ponds and a saltwater creek connecting the ponds to the bay (to be confirmed by survey). Currently, this land is zoned "Native Residential" which affords one dwelling unit per four upland acres, with an additional guest house and caretakers' cottage. Zoning allows for residential building(s). Dock permit has been applied for (400+ feet in length). The FDOT has approved the 28' entrance (to be verified) from Overseas Hwy to access the estate, which again affords ultra exclusivity and privacy. 

American Caribbean Real Estate, in the Florida Keys

Christie's International Real Estate Affiliate

Islamorada, The Florida Keys & Key West

LABOR DAY WEEKEND IN THE FLORIDA KEYS!

FLORIDA KEYS CONDO ON PLANTATION KEY!

Great Keys Getaway! Ready to move right in! Ground-floor corner unit at Plantation Villas. This unit offers lots of sunshine inside with this one bedroom and one bath condo. It also as a large walk-in closet and changing room. New flooring throughout the unit and freshly painted. Complex amenities include a large pool and club house for you to enjoy. Offered at $166,000.

Contact an AMERICAN CARIBBEAN REAL ESTATE Agent today at 305-451-4078 OR 305-664-4966 OR visit us at:


https://americancaribbean.com/

JUST LISTED - ISLAMORADA CONDO AT OUTSTANDING PRICE!

Enjoy sunsets from your private patio! Located in Islamorada's popular Executive Bay Club, this spacious townhome has been upgraded with impact windows & doors, updated kitchen, & updated baths. The first floor has an open dine-in kitchen including bar seating, pantry, coffee porch, laundry & half bath.

Well located in K building, near the pool, tennis courts, bay, beach & boat docks.  The living and dining room lead to a wall of sliding doors that open to your patio overlooking tropical hardwoods & down to the bay. Upstairs there are 2 bedrooms, 2 full baths with vaulted ceilings & tons of closet space. There is an additional loft great for kids, office or storage. Gated Executive Bay offers beach, first-come dockage, pool & is close to Founders Park. Enjoy the beauty of island living!

Offered at $399,000! Contact an AMERICAN CARIBBEAN REAL ESTATE Agent today at 305-451-4078 or 305-664-4966!

NOW MORE THAN EVER

Christ of the Abyss underwater statue in the waters off Key Largo

No matter what your beliefs, we have to have faith that we will get through this together. 

AT AMERICAN CARIBBEAN REAL ESTATE WE ARE COMMITTED TO SUPPORTING OUR COLLEAGUES AND OUR COMMUNITIES WHILE CONTINUING TO HELP OUR CLIENTS WITH THEIR REAL ESTATE NEEDS -- PLACING THE PRIORITY ON THEIR SAFETY AND WELL-BEING.

When all is right again we will be here to welcome you back...In the meantime connect with us virtually. Contact us at 305-451-4078 or 305-664-4966.

Statue sunk within the waters of John Pennekamp Coral Reef State Park

NEW LISTINGS IN THE FLORIDA KEYS - NO MATTER THE PRICE RANGE, FIND YOUR HOME IN PARADISE!

Updated stilt home! This 3 bedroom, 2 bath home is located on a lush tropical lot in the heart of Key Largo. Light & bright with nice high ceilings, this home has all new waterproof wood style flooring, brand new kitchen with white shaker cabinets, quartz counters & new stainless steel appliances. Baths feature new vanities & lighting for a clean contemporary look. New washer & dryer conveniently located in the hall. Enjoy breezy evenings on the expansive screened porch surrounded by tropical trees. Metal roof, accordion shutters & X-flood zone make insurance affordable. Ample covered area for parking or potential expansion. Conveniently located in the heart of Key Largo close to John Pennekamp Coral Reef State Park, Murray Nelson Center, restaurants, shopping and more.

Captivating waterfront views overlooking the bay waters from this custom-built 4 bedroom, 3 bath home in Buccaneer Point, Key Largo. Enjoy sunsets and easy boating access directly on Florida Bay. Renovated residence offers a chef's kitchen with granite countertops, Viking gas range, Bosch double ovens and dishwasher, Sub-Zero refrigerator and two freezer drawers. Master suite with open water views, walk-in closet, and spa-like bathroom retreat. The two-bay garage is electric car ready and has abundant storage. Tropical landscaping, paver driveway, gated property with in-ground pool and bayside tiki. Convenient to local restaurants, shopping, medical care and hospital. Just over an hour to Miami or 2 hours to Key West. Dive, snorkel, fish, paddleboard, kayak and enjoy the sunshine, fresh air and saltwater fun from this remarkable residence on Buttonwood Sound in the Florida Keys.

CONTACT AN AMERICAN CARIBBEAN REAL ESTATE/CHRISTIE'S INTERNATIONAL REAL ESTATE AGENT TODAY AT: 

305-451-4078 or 305-664-4966!

OPEN HOUSES THIS SATURDAY - FLORIDA KEYS - FIND YOUR DREAM HOME!

THIS COMING SUPER SATURDAY, FEBRUARY, 1, 2020, AMERICAN CARIBBEAN REAL ESTATE IS PROUD TO PRESENT A CAVALCADE OF HOMES FOR SALE IN THE UPPER FLORIDA KEYS. WHO KNOWS? YOU JUST MIGHT FIND YOUR PIECE OF PARADISE!

CONTACT US TODAY AT 305-451-4078 OR 305-664-4966!

WOUNDED WARRIORS RIDE THROUGH THE FLORIDA KEYS

In Islamorada. Photo: Andy Newman, FL Keys & Key West

Wounded veterans and their supporters ride adaptive bicycles on the annual #FloridaKeys Overseas Highway Friday from Miami to Key West, FL. Organized by the Wounded Warrior Project, the Florida Keys Soldier Ride has 43 wounded veterans participating this year in weekend events in the Keys, including bicycling segments of the Overseas Highway.

Riding thru Key Largo. Photo: Doug Hill, American Caribbean

NEW ON THE MARKET - DESIRABLE OCEANSIDE COMMUNITY!

Live like you're on vacation...escape to your waterfront island home & enjoy the ocean breezes. Perfectly located in desirable neighborhood. Concrete dock w/protective cut-in boat slip with easy & direct ocean access.

Paved driveway w/covered entrance to double-door foyer, interior stairs. Lovely 3/2 plus den; sitting area has tile floors, vaulted ceilings, spacious bedrooms & closets. Kitchen has plenty of cabinets with sit-up bar & gas stove. Pantry w/separate laundry room. 

Exterior staircase connects to endless outdoor patio area both upstairs & down. Back yard has plenty of open space, hot tub & waterfront tiki hut. The downstairs enclosure offers ample storage. Gated entry w/pedestrian gate. Carport & plenty of additional parking make this piece of paradise perfect!

OUTSTANDING PRICE! Contact an AMERICAN CARIBBEAN REAL ESTATE Agent today at 305-451-4078 or 305-664-4966!

FAMILY NEIGHBORHOOD FOR THE BOATING FAMILY!

Solid concrete construction

Dock with davits

Stunning coastal interior

Enjoy fast and easy ocean access from this all-concrete home in Tavernier. Located between Key Largo and Islamorada, this very spacious two bedroom, two bath home is built like a fortress! The open concept kitchen, dining and living areas flow nicely onto the large balcony across the front of the home where you will enjoy the sunset colors of the evening sky and peek-a-boo ocean views. Admire the cut-in coral canal from the screened balcony overlooking 60 feet of concrete dockage. A large laundry/pantry is conveniently situated just off the kitchen. Downstairs offers an enclosed one-car garage for storage of all your boating gear and water toys, as well as additional covered parking. This home is on high ground and centrally located near schools, shopping and dining. Will make a great weekend getaway, or the perfect full-time residence. Priced to sell with so much potential awaiting your personal updating. Easy to show!

Contact an AMERICAN CARIBBEAN REAL ESTATE Agent today at 305-664-4966 or 305-451-4078!

JUST LISTED - 6.7 ACRES OF BAYFRONT PROPERTY IN THE FLORIDA KEYS!

COASTAL ACRES, a step back in Florida Keys' history. 6.7 acre tract of land with a tropical, lush private Keys' setting.

Located on Buttonwood Sound in Florida Bay, the Gulf of Mexico, featuring a long L-shaped, navigable dock that offers at least 4' of control depth and includes small vessel boat ramp.

Lovely Keys' style home, featuring Dade County Pine ceilings, un-honed marble floors and mother nature outside of every window. Four nice bedrooms, each with their own bath. Huge living area overlooking flora & fauna with pocketing sliding glass doors to open up and let the outside in. Separate artist studio retreat with tall ceiling including 1 room with a/c. Storage building, huge detached garage, and so much more. This property is a true gem, right in downtown Key Largo.

For information on this and our other new listings on the Florida Keys' real estate market, visit an AMERICAN CARIBBEAN REAL ESTATE Agent today at:

https://americancaribbean.com/

LIVE AND WORK IN THE KEYS!

Incredible opportunity to own one of the 25 Best Small Hotels in the USA according to Trip Advisor for 2012-2017. The property is located in much desired Florida Keys! The 10-unit hotel has had 18 years of successful operation by current owner. This is a ''turn-key'' property with great cash flow to ensure a smooth transition with no closing of business. Best of all there are many opportunities for additional revenue making this an ideal purchase. 10 units plus manager's quarters provide for ease of operation with small staff (5) needed. Hotel has received many awards most notably The 25 Most Romantic Hotels in the USA from 2012 -2017 and the #1 booking hotel in Key Largo (Trip Advisor, Booking.com). Attention to detail throughout. The property is meticulously groomed, exceptionally clean with a private swimming beach, boat dockage and boat lift. Every room is decorated with a Keys' motif, your own unique piece of paradise! New hotel management software, updated website with online booking, high definition cameras, Sonos music system, automated sprinklers and lighting, instant hot water system for all rooms. The location is perfect at mm 92.5 on the bayside right between Key Largo "The Diving Capital of the World" and Islamorada "The Sport Fishing Capital of the World." Showings are By Appointment Only and Proof of Funds for purchase are required.

Contact an AMERICAN CARIBBEAN REAL ESTATE Agent today at: 305-451-4078 or 305-664-4966!

EASY WATERFRONT LIVING IN KEY LARGO!

Featured Listing~ 415 Thumper Thoroughfare, Key Largo, Florida Keys
Truly a must see on the "T" of two canals three properties from the ocean. Great views from patio, balcony, living room and dining area. Well-constructed 2-story concrete 3 bedroom, 2 bath home with a legal bath downstairs and an extra room for storage, all above flood. The upstairs has very high ceilings and an updated kitchen. This low-maintenance home gives you time to enjoy boating and fishing either as a primary or secondary home. The outdoor living is exceptional. Swim in the canal, hang your boat from davits, fish from your dock, add a spa and life is good. This property is on a lot and a half so you have extra space and dockage. Property is well located for easy access to the mainland. Offered at $764,900!

Contact an AMERICAN CARIBBEAN REAL ESTATE Agent today at 305-451-4078 or 305-664-4966!

NEW ON THE MARKET IN THE FLORIDA KEYS TODAY!

Several great houses are new to the market today! Give an AMERICAN CARIBBEAN REAL ESTATE Agent a call at 305-451-4078 or 305-664-4966 to learn more!

FEATURED LISTING - OCEAN POINTE!

This 2 bedroom, 2 bath D model Ocean Pointe condo boasts two oceanfront balconies and is being offered fully furnished! The balconies overlook the marina and the Atlantic Ocean. Located in the historic town of Tavernier on the island of Key Largo, this condo features nice tile floors throughout, impact windows, and a sprinkler system in every room. The baths are updated and tastefully designed.Enjoy the many activities Ocean Pointe Suites has to offer abound its 69 acres of beautifully landscaped private grounds. Start your day with a meal from the waterfront café, utilize the lighted tennis facilities, enjoy a drink from the Mermaid bar while relaxing by the large newly renovated heated pool and spa or get some sun on the private beach. The protected marina provides an extra wide boat ramp and direct ocean access. On-site management for any rental needs. $498,000. Contact us at 305-451-4078 or 305-664-4966 for more information.

KEY LARGO VILLAGE - AFFORDABLE LIVING IN THE FLORIDA KEYS!

ON THE NORTH END OF KEY LARGO IS A DELIGHTFUL BAYFRONT COMMUNITY OFFERING TWO HOMEOWNERS' PARKS WITH BOAT RAMPS AND SANDY BEACH...AND HOMES IN ALL PRICE RANGES.

Homeowners' park 1 with boat ramp

Homeowners' park 2 with beach & boat ramp

Welcome to your Tropical Haven! Move right into this mobile home. Lovely kitchen and newer appliances. Enjoy the good life in the screened Florida room with spacious newer hot-tub. Fully fenced. Great homeowners' parks with beach, 2 boat ramps, pavilion and picnic area. Central location to shopping and only 1 hour away from Miami. MOTIVATED SELLER:

Handyman Special! Good location in Key Largo Village - two homeowners' parks, with beach, pavilion and two boat ramps. Great potential - tear down and build new. Enjoy the Florida Keys' lifestyle. Home has a concrete dock and boat ramp! Close to shopping, restaurants and recreation. Boating, fishing and swimming:

CONTACT AN AMERICAN CARIBBEAN REAL ESTATE AGENT TODAY TO SEE ALL OUR LISTINGS IN KEY LARGO VILLAGE! 305-451-4078 or 305-664-4966!

TROPICAL SERENITY IN THE FLORIDA KEYS!

LAS PALMAS

COASTAL LIVING AT ITS BEST

LAS PALMAS BEACH HOUSE! Dare to dream on your own private sandy beach with amazing unobstructed views. Imagine yourself lying in a hammock between palm trees overlooking your own sandy beach enjoying the breeze & turquoise water views. This is the perfect Keys' getaway retreat. Drenched in natural light from the expansive glass doors overlooking 100 ft. of beach. This spacious beachfront home is newly renovated from top to bottom: large galley kitchen with quartz counters, white cabinets & an open floor with modern design. Enjoy sunsets every night as well as a wrap-around balcony terrace that boasts breathtaking waterfront views. Just steps from its secluded beach & soon to be reconstructed dock, this property is perfect for boaters & water activity enthusiasts!

Contact an AMERICAN CARIBBEAN REAL ESTATE Agent today at 305-451-4078 or 305-664-4966!