Ray Capas

Ray Capas

Sales Associate
336 Duval Street
Key West, FL 33040
USA

Biography

Thirty years of full time real estate sales has given me the opportunity to combine an advanced degree in the real estate industry with practical hands on experience in all aspects of the Key West and the Florida Keys real state market. I have handled sales in single family homes, multiple family dwellings, vacation second homes, guesthouse properties and the full range of commercial sales, development and leasing. A successful investment in property has as much to do with a Buyer having the advantage of a full knowledge of the market as it does with negotiating the right deal. I offer my considerable background and experience in both areas in your property purchase or sales decision.

Specialization

One of the most appealing attributes of the Key West real estate market is the investment opportunities available through the town's unique mixed use zoning. This is particularly applicable within the Island's large Historic District where retail, resort & hospitality use is allowed along with residential. I have the expertise and vast experience in identifying these high value commercial - investment properties and finding vehicles to further develop the income stream of these properties, thereby increasing overall value. Vacation Income generating property is an additional area of expertise encompassing guesthouse, resort and restaurant properties.

Education

1976 Graduate from the University of Florida at Gainesville. Degree in Business Administration/ Major in Real Estate Investments. 

1987 - 1990 Post Graduate Course Study in Fundamentals of Real Estate Investment & Taxation, Advanced Real EstateTaxation, Marketing Techniques for Leasing & Commercial Property, Location & Market Analysis, Case Studies - Commercial Investment Real Estate. 

Continuing Education in Starker 1031 Property Exchange 

Continuing Education in Short Sale property transactions.

Designations

Licensed Real Estate Broker - Associate since 1978 

Member of the Key West Association of Realtors 

Member of the Florida Association of Realtors

Community Involvement

Served on the Key West Bight Management District Board from 1993 to January of 2008. Sitting as Chairman since 2002. This is a City Commission appointed Board charged with the hands on oversight, management and development of the (8) acre Historic Seaport Property purchased by the City of Key West in 1993. This was a partially blighted property that over the years, has been developed into a thriving mixed use property with retail & restaurants, commercial marina and recently developed Ferry Terminal. The Board is additionally charged with the development and oversight of the approximate $10 million budget.

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4 results returned

Agent Listings


Residential

Listing ID600497
FLKMLS
Price$1,800,000$50K
StatusActive
Bedrooms3
Total Baths4
Full Baths4
SqFt 2,520
Acres 0.090
SubdivisionGwynn sub (1.0)
Reduced Price - EASY TO SHOW - Quality Mixed Use, renovated, 3 unit building. Exterior recently scraped, sanded & painted. - Center of the Island location along the White Street Commercial...
r698042895
Listing ID600912
FLKMLS
Price$710,000$22K
StatusActive
Bedrooms3
Total Baths2
Full Baths2
SqFt 1,440
Acres 0.340
SubdivisionCudjoe ocean shores (23.0)
Great Price ! Possible Short Term Seller Financing - Corner of Privateer & Spanish Main - 3 bdrm/2 bthrm, 1,440 sqft home, combined open kitchen/living/dining area with elevated 9.5' ceiling....
r698042895

Commercial

Listing ID598172
FLKMLS
Price$13,600,000$400K
StatusActive
Bedrooms14
Total Baths12
Full Baths12
SqFt 6,235
SubdivisionOld town - unlisted (1.0)
Possible Short term Owner Financing Considered - Lower Duval Street, 12 unit guesthouse complex offering over sized single rooms, suites & 2 bedroom units with kitchens with large heated pool....
r698042895
Listing ID597179
FLKMLS
Price$2,700,000$100K
StatusActive
Bedrooms4
Total Baths8
Full Baths6
Partial Baths2
SqFt 4,000
SubdivisionGwynn sub (1.0)
Perfect 1031 Tax Exchange candidate. Newly constructed to current building codes, mixed use com/res compound - ( 2 ) licensed residential units & ( 2 ) commercial licensed units. ** COMMERCIAL...
r698042895
©2022 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated: Friday, August 12th, 2022 at 04:37:09 AM.
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