What an adorable mid-century modern beach bungalow. They really did an outstanding job of putting in quality meaningful updates without sacrificing the character and soul of this home. I love the neighborhood and the fun community. This would be a perfect Keys home ❤
Any chance of having a house lifting service on your channel in the future? Love the house but needs to be lifted. Wondering how much it would cost. Thanks for all the great videos.
There are funds in place to assist homeowners in lifting their homes if they choose. You must apply for these grants and we see it done from time to time here in the Keys. I have no idea of what the cost would be. Here is some additional info from FEMA for you. Rules for elevation • You must follow floodplain ordinance requirements and get the proper permits when rebuilding. This will not only make your home safer but will save money on your federal flood insurance premiums. • Before rebuilding in a Special Flood Hazard Area, be sure to check with local building officials. They are responsible for enforcing local elevation requirements, even in areas where the Base Flood Elevation has not been established. • Rebuilding above the minimum requirement is always a wise decision and saves on flood insurance premiums. Programs available to assist with construction costs • If you are a homeowner who lives in a Special Flood Hazard Area, has an NFIP policy, and your home was substantially damaged, you may be eligible for Increased Cost of Compliance coverage up to $30,000. o This can pay all or part of the cost to elevate your home to the current Base Flood Elevation. • You may be eligible for ICC coverage if your local floodplain building official determines either: o Your structure is substantially damaged, meaning the cost to repair the flood-damaged structure is 50 percent or more of its pre-disaster market value; or o Your property sustained repetitive damage, meaning flood damage has occurred twice in the past 10 years, and the cost of repairing the flood-damage, on average, equaled or exceeded 25 percent of the property market value at the time of each flood. The two flood damage events must have resulted in flood insurance claim payments, and the community’s floodplain management ordinance must have a repetitive loss provision. • An in-depth FEMA booklet about the process of elevating your home is available online. • FEMA’s Homeowner’s Guide to Retrofitting provides further information about elevating your house. • FEMA’s Hazard Mitigation Grant Program, Flood Mitigation Assistance Program, and Pre-Disaster Mitigation Grant Program all include property elevations as an eligible project type. o Local communities-not individual survivors-are eligible for mitigation grants. o To qualify, homeowners must meet all eligibility criteria and then apply through their local community, which applies to the state of Florida. o The state subsequently submits applications to FEMA for review and approval. o Project approval is necessary before construction can begin. • Mitigation information from Florida’s Division of Emergency Management is available online at: floridadisaster.org/Mitigation/index.htm.
Great video. I loved the house; but, a ground level house that close to the water is extremely vulnerable to storm surge and flooding. I would be interested in how much insurance including flood insurance is on this property.
It has not since the current owners have been there. There was no flooding there in hurricane Irma, we do not know about hurricane Wilma....I think it would be a good assumption that the home had water at some time since it was built since it is ground level. But nothing that affects it now since everything has been remodeled. There is always a chance of flooding here in the Keys...just something we deal with to live here!
Location is always key here in the FL Keys. The lot size and the proximity to water are some of the most important factors. It is very common for a structure (home) to be valued significantly less than the land that it sits on. It would not be uncommon here for the land to be 75% of the cost of a home here in the Keys.
Actually this house is across the street from water. The Keys are well known for fishing but beaches are mostly shoreline. They are not like the rest of the coast. Haven't heard of 5K a month insurance here.
What an adorable mid-century modern beach bungalow. They really did an outstanding job of putting in quality meaningful updates without sacrificing the character and soul of this home. I love the neighborhood and the fun community. This would be a perfect Keys home ❤
It's really a cool house. We hope a great family finds it!
Like the hat in the closet! Lol😂
Lots of fun people in the Keys 😁
It's so cold up here you could ask even more for that house right now.
Try to stay warm John! Come back to the Keys soon!
Thank you for sharing the price right up front. Unfortunately, not in my financial range, so here's a like and a comment for the algorithm. 👋😁
Thank you for watching, we appreciate you!
Lovely remodeled home. I’d love to own it but a bit out of our price range.
It is an awesome home, maybe we can help you find one in your price range. Just let us know!
Any chance of having a house lifting service on your channel in the future? Love the house but needs to be lifted. Wondering how much it would cost. Thanks for all the great videos.
There are funds in place to assist homeowners in lifting their homes if they choose. You must apply for these grants and we see it done from time to time here in the Keys. I have no idea of what the cost would be. Here is some additional info from FEMA for you.
Rules for elevation
• You must follow floodplain ordinance requirements and get the proper permits when rebuilding. This will not only make your home safer but will save money on your federal flood insurance premiums.
• Before rebuilding in a Special Flood Hazard Area, be sure to check with local building officials. They are responsible for enforcing local elevation requirements, even in areas where the Base Flood Elevation has not been established.
• Rebuilding above the minimum requirement is always a wise decision and saves on flood insurance premiums.
Programs available to assist with construction costs
• If you are a homeowner who lives in a Special Flood Hazard Area, has an NFIP policy, and your home was substantially damaged, you may be eligible for Increased Cost of Compliance coverage up to $30,000.
o This can pay all or part of the cost to elevate your home to the current Base Flood Elevation.
• You may be eligible for ICC coverage if your local floodplain building official determines either:
o Your structure is substantially damaged, meaning the cost to repair the flood-damaged structure is 50 percent or more of its pre-disaster market value; or
o Your property sustained repetitive damage, meaning flood damage has occurred twice in the past 10 years, and the cost of repairing the flood-damage, on average, equaled or exceeded 25 percent of the property market value at the time of each flood.
The two flood damage events must have resulted in flood insurance claim payments, and the community’s floodplain management ordinance must have a repetitive loss provision.
• An in-depth FEMA booklet about the process of elevating your home is available online.
• FEMA’s Homeowner’s Guide to Retrofitting provides further information about elevating your house.
• FEMA’s Hazard Mitigation Grant Program, Flood Mitigation Assistance Program, and Pre-Disaster Mitigation Grant Program all include property elevations as an eligible project type.
o Local communities-not individual survivors-are eligible for mitigation grants.
o To qualify, homeowners must meet all eligibility criteria and then apply through their local community, which applies to the state of Florida.
o The state subsequently submits applications to FEMA for review and approval.
o Project approval is necessary before construction can begin.
• Mitigation information from Florida’s Division of Emergency Management is available online at: floridadisaster.org/Mitigation/index.htm.
Great video. I loved the house; but, a ground level house that close to the water is extremely vulnerable to storm surge and flooding. I would be interested in how much insurance including flood insurance is on this property.
Thank you Rick! The current rates for insurance on this house are around 9K per year for all three insurances; flood, wind, and hazard.
@@GablesOnTheGoDo you know if this home has ever taken on water? Thanks.
It has not since the current owners have been there. There was no flooding there in hurricane Irma, we do not know about hurricane Wilma....I think it would be a good assumption that the home had water at some time since it was built since it is ground level. But nothing that affects it now since everything has been remodeled. There is always a chance of flooding here in the Keys...just something we deal with to live here!
🎉
The hose still looks dated for the price. Perhaps the location is key?
Location is always key here in the FL Keys. The lot size and the proximity to water are some of the most important factors. It is very common for a structure (home) to be valued significantly less than the land that it sits on. It would not be uncommon here for the land to be 75% of the cost of a home here in the Keys.
THAT'S FLORIDA.? Must be on the beach for that price. And just think 5.000 grand a month for insurance
Actually this house is across the street from water. The Keys are well known for fishing but beaches are mostly shoreline. They are not like the rest of the coast. Haven't heard of 5K a month insurance here.
very nice house, too bad it's not waterfront
It’s a great property though! Thanks for watching!
can you buy anything down there for 400.000?
There are around 83 listings on the MLS under $450K at this time. The majority of them are condos or mobile homes.