Incredibly low interest rates continue to be a driver in the real estate market today. Our Florida Keys market is very active, the biggest challenge being limited inventory. It is a good time to buy with these low rates and a good time to sell with high demand, our realtors at American Caribbean Real Estate can help you navigate your purchase or sale.
See the full story at Florida Realtors site:
It's SPRING time, the best time to buy a new home! New homes are being added to the market every day this spring. Don't miss out on your chance to find your dream home:
Contact an AMERICAN CARIBBEAN REAL ESTATE Agent today at 305-664-4966 or 305-451-4078!
If you are tired of renting, you are not alone. If you are still on the fence, wondering if you should rent or buy, check out these top reasons to buy a home:
⭐ Buying is cheaper than renting
⭐ You earn equity (not your landlord)
⭐ You establish roots in our community
⭐ You get tax deductions
Contact us today to learn more about the benefits of owning a home instead of renting.
(305) 664-4966 | (305) 451-4078 | AmericanCaribbeanRE.com
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Canalfront 3 bedroom, 2 large bath, stilt home with 55 ft. wooden dock in Tavernier, Plantation Key, Islamorada!
Screened patios off living area and primary bedroom suite. Homeowners' park and boat ramp. Easy Florida Bay and Atlantic Ocean boating access. New A/C, new hot water heater and new metal roof. All appliances recently replaced. Ground-level workshop/storage and outdoor spaces including fire pit. As an Islamorada resident you have full access to Founders Park and community swimming pool, skate park, tennis courts, dog park and exercise circuit. Near schools, hospital, shopping and restaurants. Enjoy the Florida Keys' lifestyle today.
Browse Christie's International Real Estate magazine using the link below. This magazine has been creating an unprecedented level of visibility to buyers and sellers of high-value properties since 1985.
American Caribbean Real Estate in the Florida Keys is Affiliated with Christie's International Real Estate. This means that when you list your Luxury Home with American Caribbean, your home will also be marketed all around the world on the Christie's International website & magazine!
Congratulations to our agents on receiving their Christie's International Real Estate Luxury Specialist Designation. Over the past two days, we have engaged with over 700 agents, speakers and Christie's colleagues from around the world for the 2020 Luxury Specialist Virtual Conference. This conference is usually held in person, but they made it virtual this year due to the pandemic. We are grateful for the stellar informational opportunities, auction house updates, economic presentation, global market updates, and the ability to connect with all Christie's affiliates worldwide. Luxury is our standard of service! #CIRE2020lux
https://mailchi.mp/a08ff229a86b/market-update-october-2020?e=[UNIQID]
Floridians passed Realtor-supported Amendment 5, giving sellers up to three years – an increase from two – to transfer accrued property tax benefits to a new home. Read the full story from Florida Realtors:
TALLAHASSEE, Fla. – After passage of a Florida constitutional amendment this year on property taxes, Floridians now have three years – an increase from two years – to transfer (port) any accrued property tax benefits to a new home.
But it’s not usually a full three years, just as it wasn’t a full two years under the previous version of the law.
Sellers who plan to port tax assessment savings to a new home think that if they sold their first home in November, they now have three full years to buy a home and port the savings. But since “years” in the law refers to Florida tax years, the first “year” ends the following Jan. 1 – two months later. In this case, that November seller would have two years and two months to port tax savings.
In general, early-in-the-year sellers will have close to (but not quite) three years to transfer their SOH benefit – end-of-the-year sellers will have something closer to two years.
In any case, though, the passage of Amendment 5 gives every Florida seller a minimum of two years to port their SOH property tax assessment savings to a newly purchased home.
SAVE OUR HOMES
A home declared as a primary residence with a local tax office qualifies for the Save Our Homes assessment limitation. In each year after that, its property tax assessment can’t increase more than 3% or the percentage change of the Consumer Price Index (CPI), whichever is less.
If a home’s value rises one year by 6%, for example, their assessment goes up 3% at most, and that portion not subject to tax is backed out of their assessment and called the SOH benefit.
The recently passed Amendment 5 impacts the transferability of this SOH benefit, extending it one year longer.
To transfer an SOH benefit, buyers must establish a homestead exemption for their new home and file a Transfer of Homestead Assessment Difference form (Form DR-501T). The deadline to file is March 1.
For more info on SOH property tax savings, visit floridarevenue.com.
© 2020 Florida Realtors®
The ocean views are stunning from this top floor unit. It makes a perfect vacation get away, year 'round living or investment property. Designer finishes throughout this condo, remodeled in 2018. New porcelain floor tiles, updated kitchen offering real wood cabinetry, gorgeous quartz counter tops, and stainless steel appliances. The en-suite bath has a jetted tub and shower, bedroom accommodates a king size bed and elegant furnishings. The 2nd bedroom has 2 twin beds. Totally updated hall bath has a walk-in shower. All impact windows and sliding glass door. This resort community has a gated entry with a 24-hour security, beach, viewing pier, boat dockage, boat trailer storage, café and a pool with a bar! Strong rental history, nightly rentals are permitted.
The least expensive D model at Ocean Pointe. The D model has two oceanfront balconies. Newer stainless steel appliances have been added along with some impact windows and doors. Possibly the closest condo to the pool, let's measure! Building 5 has also been called the Marina building as it is the closest building to the direct ocean access marina and & café/lounge and the beach too. Being offered fully furnished!
OCEAN POINTE is an idyllic tropical oasis located in the upper Florida Keys, on the island of Key Largo and just north of Islamorada. Located on the Atlantic Ocean side of this string of islands, it embodies all that the Kays have to offer. The units can be rented out to assist you in paying for your piece of Paradise.
AMERICAN CARIBBEAN REAL ESTATE has many different units for sale in varying price ranges. Contact an AMERICAN CARIBBEAN REAL ESTATE Agent today at 305-451-4078 or 305-664-4966.
MUSICIANS DESCEND ON KEY LARGO FOR MUSIC FEST
More than two dozen elite musicians excelling at country, folk, pop and rock music will gather in the Florida Keys this Thursday through Sunday, Oct. 15-18, for the Key Largo Original Music Festival.
In socially distanced, outdoor Key Largo venues, attendees are afforded intimate behind-the-scenes experiences, hearing the original hits of songwriter-performers from Tennessee, New York and Florida as well as Florida Keys favorites.
The full schedule is found at
Read the full story at:
