Why is this 1/1 Worth $500,000? My First Investment Property!!!

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  • Опубліковано 18 гру 2024

КОМЕНТАРІ • 63

  • @FLKeysMadeleine
    @FLKeysMadeleine  6 місяців тому

    Looking to buy or sell in the beautiful Florida Keys? I would love the opportunity to help you! You can find all my contact details here: dot.cards/madeleineyoung_realtor. Let's make your real estate dreams a reality!☀🌴
    Property Details: flkeysmadeleine.com/properties/1016-howe-street-unit-9-key-west-fl-33040-608282
    Want to stay at our vacation rental? Book online here: www.itrip.net/key-west-vacation-rental/j-ferrara-9

  • @davids11131113
    @davids11131113 6 місяців тому +13

    My grandfather bought his house in Key West in the 1930’s for $7,000, 2 story. He was a founder of the Navy’s diving school where underwater demolition guys in WW2 got qualified.

    • @wht80vette
      @wht80vette 6 місяців тому

      That was allot of money in 1930 😮

    • @davids11131113
      @davids11131113 6 місяців тому

      @@wht80vette Even for then fairly a lot of money but Key West has always been expensive, that was a 2 story house on the water about 4,000 sq feet, today it would be $3 million at least.

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому

      Oh wow, crazy to think how much has changed. Would have loved to see the Keys back then.

    • @davids11131113
      @davids11131113 5 місяців тому

      @@FLKeysMadeleine I wish he would have kept it!

  • @thoughtprovokingmedia9290
    @thoughtprovokingmedia9290 4 місяці тому +1

    Hey congrats guys on all the new prosperity I just clicked over from the other video and for got to comment but I figure both of you would see it here !
    Much aloha from Hawaii
    Tyus 🤙🏾

    • @FLKeysMadeleine
      @FLKeysMadeleine  4 місяці тому

      Awe!!! You’re so kind! Thank you so much 🥰🌺

  • @OutdoorsAllie
    @OutdoorsAllie 5 місяців тому +1

    Love it. Congrats!

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому

      Thanks so much! I appreciate you watching :)

  • @jamescartwright9103
    @jamescartwright9103 6 місяців тому +1

    Best of luck Mr. and Mrs. Peche Linge. My best to you both. Growing up in KW, “Peche Linge meant many things to many people . In my era, someone asked you “How’s it going?”, the answer was Peche Linge brother! And yes, I am drinking lol.

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому

      Haha, yes we are very familiar with the saying ;P Thank you so much for watching and following along on our journey!

  • @fairwind8222
    @fairwind8222 6 місяців тому +2

    Seems like a good system to protect locals, think they would make it easier to get around fogo for full time residency on building and remodeling if you don’t rent it

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому +1

      Exactly! The ROGO process has similar goals as well- to protect our land and overdevelopment of the Keys.

  • @Beardlovesdog
    @Beardlovesdog 6 місяців тому +1

    My only concern was about severe weather as far as investment purposes.
    No doubt insurance would cover if needed.
    But I dont live there and have no clue about the area. It seems like it would need to be booked up often for the return. With yalls team of family friends and fans that will be a none issue. Great marketing is the key. And Madeleine Young is great at Marketing. Her sales results prove that. I do hope it is booked up well and I likely would check it out should I be in the Keys. Nothing ventured nothing gained is my go too. So reach for the Stars! Great investment. I believe it will do well.
    Best!

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому

      I can understand that concern, but the historic district has been around for a veryyyy long time. It is booked often, so we make about 8% ROI. So solid investment :) We are very blessed by people that support our journey and are so grateful! Appreciate your great feedback and hopefully we'll host you one day :) Thank you for coming along for it all!

  • @peterddb1593
    @peterddb1593 6 місяців тому +1

    Thanks for the explanation and tour. This definitely helps people like me understand the market there better!

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому

      Absolutely! It's tough to go into every detail, but at least it gives the gist. Thanks so much for watching and the feedback :)

  • @jorgegorina3039
    @jorgegorina3039 6 місяців тому +1

    Congrats. Nice property. Loved it.

  • @reubinbishop8010
    @reubinbishop8010 6 місяців тому +1

    I love it! I can't wait to stay there!

  • @A4152-p8l
    @A4152-p8l 6 місяців тому +2

    Wish you both the Best!!!

    • @FLKeysMadeleine
      @FLKeysMadeleine  6 місяців тому +1

      We appreciate you so much- thanks for watching :)

    • @A4152-p8l
      @A4152-p8l 6 місяців тому

      @@FLKeysMadeleine We watch both of your channels!! Can't get enough of you both nd the Keys!!! Still workin on retiring there one day!!

  • @tomsmith3799
    @tomsmith3799 6 місяців тому +1

    I love your personality You're absolutely gorgeous your husband is extremely lucky to have you keep up the good work

  • @dallasedc2976
    @dallasedc2976 5 місяців тому +1

    Great information

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому

      Glad it was helpful! Thanks for watching 😊

  • @WesLovelace
    @WesLovelace 6 місяців тому +1

    Short of going to a hotel this rental is obviously more personalized with all the amenities you could possibly want.....I'm use to the weekly rentals I do in KCB and KW being the night life capital of the Keys this nightly rental has a great advantage long term.....This is a short term rental where the majority of the Vacation Rentals in the Incorporated Islands required a one week minimum....Glad to sea both of you have made the transition to Reel Estate Moguls in the Fabulous Florida Keys!!😎

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому

      Yes, very personalized and we made sure to pick artwork that is showcasing the beauty in the Keys! Thank you, that's exactly why we decided to invest in it! Haha, we are trying! I know the value of real estate here, so we're grateful to dip our toes in it! Thanks so much for watching :)

  • @konstantinivanov1986
    @konstantinivanov1986 6 місяців тому +2

    Almost as good as having a liquor license and to be honest its great that is smaller. Looks great. Congrats.

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому

      Haha, yeah that's a way to look at it! Thank you so much :)

  • @wht80vette
    @wht80vette 6 місяців тому +1

    Wow 3600 a square foot still a bargain compared to Port Royal in Naples at 5600 square foot. Location, location, location and with the transient license a good find. Wishing you all the best 🎉🎉🎉

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому

      Yes, that's what it's all about at this property- location! Thank you for your support and for watching the channel :)

  • @therealseansingleton
    @therealseansingleton 6 місяців тому +1

    LTSFNGO Madeleine!!!!!!! I'm saving this video for future bookings on one stipulation. Tipsy gets to stay with me!!!!! 😂😂😂

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому +1

      Haha! Idk about all that, she loves snuggling with us too much! Thanks so much for watching and possibly staying with us in the future :)

  • @jameskim62
    @jameskim62 6 місяців тому +1

    GREAT INVESTMENT !!!!~~~~

  • @IslandKey
    @IslandKey 6 місяців тому +1

    You are a natural 😜

  • @EddieWro10
    @EddieWro10 6 місяців тому +1

    How much is it per night? I love coming to key west and will be hopefully planning a trip soon!

    • @FLKeysMadeleine
      @FLKeysMadeleine  6 місяців тому +2

      Awe, yay! The rate per night fluctuates depending on the season, but on average it's around $200/night. Less in off season, more in peak season. Here's our link to view the listing & book if you're interested: www.google.com/search?client=safari&rls=en&q=jferrara+9&ie=UTF-8&oe=UTF-8
      Thanks so much for the support and watching the channel! :)

  • @RickyBobbyHill
    @RickyBobbyHill 6 місяців тому +1

    Where do I book? And how much extra for @CookingWithClams to grill me dinner? 😊

    • @FLKeysMadeleine
      @FLKeysMadeleine  6 місяців тому +1

      You can book through this link: www.google.com/search?client=safari&rls=en&q=jferrara+9&ie=UTF-8&oe=UTF-8
      Haha, that would be an amazing add on service ;P You'll have to talk to him about that!

    • @Maxbfishing
      @Maxbfishing 6 місяців тому

      😂😂😂😂 first, Will has to ask Arron for a boat ride, Better question is , IF u rent it out for a 3 day, Package deal, 1 day boat ride (sideline/background) and Will cooks what AQUAMAN Arron hunts ❤
      Think I would pay 1300 for a 3 day 2 night stay, w the above suggestion, and grab some shirts and hat as souvenirs 😊😊😊😊 market 101 baby!!!!

  • @3209-f4h
    @3209-f4h 6 місяців тому

    Is it near one of their sinkholes?

    • @FLKeysMadeleine
      @FLKeysMadeleine  5 місяців тому +1

      I think you’re thinking about another part of Florida. The Keys don’t experience sink holes. Thanks for watching!

  • @Simpleman88
    @Simpleman88 6 місяців тому +1

    😎✌️👍

  • @sdy96886
    @sdy96886 6 місяців тому

    Constructive criticism given your chosen profession. re·al·tor not re·li·tor

  • @larentaestamuyalta6132
    @larentaestamuyalta6132 6 місяців тому +1

    500? LOL that is an Insult and a horrible Investment.. please

    • @FLKeysMadeleine
      @FLKeysMadeleine  6 місяців тому +3

      lol Clearly don't know our market or our ROI. Thanks for sharing your uneducated opinion. We appreciate it!

    • @colt45medic
      @colt45medic 6 місяців тому

      Madeleine, while that guy sits around and works a call center for T-Mobile from whatever third world country he is from, you guys will be making some passive income and retire (coast) nicely. Good job guys, don’t pay any attention to the gutless ignorant cowards hiding behind the comments section.

    • @BLaw707
      @BLaw707 6 місяців тому +1

      @@FLKeysMadeleine500K? That’s a steal in Key West.

    • @shawnl3151
      @shawnl3151 5 місяців тому +1

      You’re right the license itself is worth it

  • @jeffsteven8613
    @jeffsteven8613 6 місяців тому

    After Hurricane

  • @jeffsteven8613
    @jeffsteven8613 6 місяців тому +1

    All give them 500,000 for the hole building.

    • @davids11131113
      @davids11131113 6 місяців тому +3

      Not downtown Key West you won’t

    • @FLKeysMadeleine
      @FLKeysMadeleine  6 місяців тому +5

      Haha! You must not be familiar with our market. The Whole building generates welllll over that every year. Thanks for watching!

    • @halo3tes4
      @halo3tes4 6 місяців тому +1

      Have you looked at property there? Have you priced a hotel room? Obviously not , a small 2 bedroom w a transient license in Truman annex sells for 900k with a 1000$ hoa fee , plus charges every time they trim a tree,,,,, along with a crowded pool and limited parking , as a long term rental it probably could make sense as well..... Dude showing some ignorance ! Good luck Madeline