I’ve been to KW a few times as a tourist, always a great experience! If I hit the lottery one day, KW might come up on the radar. For a week of vacation, everybody should try KW at least once! Great video, thanks for posting!
Thank you so much, Tyler. You are incredibly thorough with the details I have been searching for. You definitely have my mind moving in positive, inspiring directions. My partner and I will be down there soon.. you can certainly expect me getting in touch to meet you and chat in person. Okay, I'm gonna go watch the rest of your videos now!
Well done video 💙 Jam packed with value and real time experience! Slow but steady appreciation in paradise 🏝 sounds like the right place to be! Cant wait to come back, visit Faustos, reach out and learn more!
I have been sent to Cudjoe Key twice last year for hurricane damage repair. (She has been trying to get me to go down there for years.) I used to live at KMCAS on Oahu and she said the Keys Life would be a good fit. I would love to relocate my business down there
If you have to ask then no you can't. Home owners, wind and flood insurance runs about $12000 a year if you have a mortgage. Property tax is apx $100/1000 of assessed value. $6000 a year. The airbnbs around us rent for 8-10,000 a month and they won't rent long term if they can rent for that much a month. Even at that price some people come down and rent for 6 months at a time. Home prices in the lower Keys have gone up apx 50% in the last 3 years but we came close to doubling our money with house sitting on open water in 3 years.
Hey Tyler great info. Yeah I’m also a broker, way up in the Great Lakes and frozen blue waters lol. Honestly really liked your videos and next time I’m down I’ll contact you for a cocktail and walk about. Yeah? BobbyB
Thanks for the comments. Homeowners insurance varies wildly from house to house, and the prices swing accordingly which is why I did not provide costs for insurance. Taxes are based on the purchase price of the property which can be calculated by using the property appraisers tax calculator on the Monroe County Tax Collector Website.
I’m from Florida but have lived in LA now for 20 years… I’m in Sherman oaks one block north of Ventura blvd and the cheapest house is about a million … it’s crazy man
Do many people buy boats to live in? What do you know about those who have decided to live on a boat instead of renting/buying? Looking at relocating from full time RV living in Montana selling ALLL our stuff to live on a boat in keywest💕 hard to find information on it!
Good question! Although this is a common desire of many the truth is Its very challenging to find an available live aboard slip in Key West, let alone the keys. Because of this many choose to rent a mooring ball from the City of Key West or City of Marathon but that means no hookups to you’d need to be self contained. There are some facebook groups dedicated to living aboard in the keys so search “Garrison bight mooring field key west” to get started. I was a live aboard myself up near Tampa many years ago so i can speak from experience if you need tips and such. Anchoring out on your own is also an option
That’s the plan is to be basically entirely self sufficient. What was the pros and cons of living aboard? You seem to have some really good information!
Good facts, was curious about what grocery stores you had. Interesting to see those old Victorians hurricane survivors. In Calf. wanting to get out of this Democratic Blue plastic tents and Heroin abuse State.
Affordable? Thats up for each person to decide, the guy that owns Angels painting is a millionaire most likely and I bet he finds housing affordable for him, others? not so much but it really depends what your earnings are.
Cheaper than New York and completely based on the location of the property and what's on it (house, condo, commercial and such) and the Accessed value. You can lookup taxes on a specific address on the Monroe County Florida Property Appraisers website.
Not really many ghettos but there are trailer parks, cheaper homes on Big Pine Key and homes on dry land lots are cheaper than canal lots or open water lots. A Nurse we know paid $800000 for for a 800sf house in Key West 2 years ago.
The rich don't save, instead they earn, implement tax saving strategies provided by the IRS and invest. The poor don't take advantage of tax strategies that apply to them also and then whine about being poor because they volunteer to give their money to the government :)
