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Key West replaces trailer park with new Condos
The 44-unit trailer park in the 1000 block of Simonton Street will soon become a 21-home condominium complex governed by a homeowners association, city commissioners decided.
September 2nd, Per Fred Mullins and Team Mullins, Key West’s top producing Real Estate Team. “This is great news as it upgrades the Key West area which always helps home prices. In addition, construction of these new units means more employees are needed and thus more housing is required. This trickles on down to our rental market .
However the main advantage is that new Condos will bring in new residents who in turn will have people visiting them who historically will want their own piece of paradise.
I mean, if you own a place in Key West, who doesn't want to visit you?
Fred Mullins has more than 15 years of cross functional experience in real estate, international asset management and construction management. He has been a part of the management team for several Fortune 100 companies, including AT&T, Visa, FPL and C. B. Richard Ellis.
His responsibilities have included real estate / property management portfolios of more than 9 million square ft. and international responsibilities in more than 10 countries.
Fred holds an MBA, B.S., real estate license, mortgage broker’s license, USCG Master Captains license and commercial pilot’s license.Southernmost City jumped 17 percent, to $440,000.