181 5th St Key Colony Beach, FL 33051
Estimated Value: $792,000 - $829,000
2
Beds
2
Baths
885
Sq Ft
$918/Sq Ft
Est. Value
Highlights
- Beach
- Dock made with concrete
- Clubhouse
- Coral Shores High School Rated A
- Home fronts a canal
- Deck
About This Home
As of June 2024Beautiful 2 bedroom, 2 bath canal front half duplex in the wonderful City of Key Colony Beach! You have the ability to add a 3 bedroom to this home! This home includes: 30' dock, 100' wide clean swimmable canal with quick ocean access, crane style jet ski lift, dock box and cleaning station, outdoor shower, spacious enclosed garage, elevated enclosed laundry room, beautifully updated kitchen with granite countertops, and original Dade County Pine wood beamed ceilings throughout the home. New Impact windows installed throughout the home and a new roof installed in 2021. New owners can install boat lift with proper permitting. This property has made an excellent weekly vacation rental since January 2023 making $67,000 in revenue! Walking distance to Havana Jack's Restaurant/Bar and the Cabana Club with pool and beach! Key Colony Beach has shopping, restaurants, 9-hole golf course, tennis courts, pickle ball courts, bocce, Sunset Park/Beach and several playgrounds for children. Key Colony Beach also offers morning exercise classes, craft classes, and other community events that are all accessible by walking or bicycle.
Last Agent to Sell the Property
Engel & Volkers Marathon License #SL3528407 Listed on: 04/13/2024
Co-Listed By
outside of mls
Outside Of MLS
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,456
Year Built
- Built in 1969 | Remodeled
Lot Details
- 3,300 Sq Ft Lot
- Home fronts a canal
- Fenced
Home Design
- Half Duplex
Interior Spaces
- 885 Sq Ft Home
- Workshop
- Storage
- Tile Flooring
- Canal Views
- Monitored
Kitchen
- Oven
- Microwave
- Dishwasher
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Carport
Outdoor Features
- Outdoor Shower
- Dock made with concrete
- Deck
- Patio
- Outdoor Storage
Utilities
- Ductless Heating Or Cooling System
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Minimum Rental Period: 7
- Assessor Parcel Number 00073670-000000
Community Details
Overview
- No Home Owners Association
- Key Colony Bch 2Nd Addn Subdivision
Amenities
- Clubhouse
Recreation
- Beach
- Tennis Courts
- Community Pool
- Bike Trail
Pet Policy
- Pets Allowed
Security
- Complete Accordion Shutters
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2024
Closed on
Jun 28, 2024
Sold by
Barrus Jesse and Barrus Lyan
Bought by
Diestro Ricardo Molins
Seller's Agent
Saara Staten
Engel & Volkers Marathon
Buyer's Agent
Creative Technology
List Price
$790,000
Sold Price
$790,000
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,503
Avg. Annual Appreciation
2.82%
Original Mortgage
$711,000
Outstanding Balance
$705,568
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$106,935
Purchase Details
Listed on
Mar 21, 2022
Closed on
May 27, 2022
Sold by
Kathryn Mccullough
Bought by
Barrus Jesse and Barrus Lyan
Seller's Agent
Saara Staten
Island Breeze Realty, LLC
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$749,000
Sold Price
$812,000
Premium/Discount to List
$63,000
8.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.31%
Original Mortgage
$609,000
Interest Rate
5.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 26, 2017
Sold by
Mccullough Kathryn L
Bought by
Bethard Ross K
Purchase Details
Closed on
Dec 12, 2015
Sold by
Mccullough Kathryn L
Bought by
Mccullough Kathryn L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.51%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Jan 28, 2005
Sold by
Rea Kathryn and Bethard Kathryn L
Bought by
Rea Kathryn
Purchase Details
Closed on
Sep 23, 2004
Sold by
Rea Donald L and Rea Kathryn M
Bought by
Fiorillo Allan and Fiorillo Sheila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 19, 2004
Sold by
Holland Roger W and Holland Lisa J
Bought by
Rea Donald L and Rea Kathryn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 10, 1996
Sold by
Cullough Kathryn L Mc
Bought by
Smiley Clifford F
Purchase Details
Closed on
Jul 1, 1983
Bought by
Mccullough Kathryn L
Purchase Details
Closed on
May 1, 1978
Bought by
Mccullough Kathryn L
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Diestro Ricardo Molins | $790,000 | Gst Title & Trust | |
| Barrus Jesse | $812,000 | New Title Company Name | |
| Bethard Ross K | -- | Attorney | |
| Mccullough Kathryn L | -- | Attorney | |
| Mccullough Kathryn L | -- | Attorney | |
| Rea Kathryn | -- | -- | |
| Fiorillo Allan | $780,000 | -- | |
| Rea Donald L | $650,000 | Crest Title Company | |
| Smiley Clifford F | $120,000 | -- | |
| Mccullough Kathryn L | $150,000 | -- | |
| Mccullough Kathryn L | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Diestro Ricardo Molins | $711,000 | |
| Previous Owner | Barrus Jesse | $609,000 | |
| Previous Owner | Mccullough Kathryn L | $600,000 | |
| Previous Owner | Mccullough Kathryn L | $110,668 | |
| Previous Owner | Fiorillo Allan | $585,000 | |
| Previous Owner | Rea Donald L | $487,500 | |
| Previous Owner | Smiley Clifford F | $250,000 | |
| Previous Owner | Smiley Clifford F | $77,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $790,000 | 0.0% | $893 / Sq Ft |
| 04/13/2024 04/13/24 | For Sale | $790,000 | -2.7% | $893 / Sq Ft |
| 06/01/2022 06/01/22 | Sold | $812,000 | +8.4% | $902 / Sq Ft |
| 03/24/2022 03/24/22 | For Sale | $749,000 | 0.0% | $832 / Sq Ft |
| 03/24/2022 03/24/22 | Pending | -- | -- | -- |
| 03/23/2022 03/23/22 | Pending | -- | -- | -- |
| 03/21/2022 03/21/22 | For Sale | $749,000 | -- | $832 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,456 | $784,340 | $555,984 | $228,356 |
| 2023 | $7,456 | $720,672 | $501,534 | $219,138 |
| 2022 | $2,086 | $207,243 | $0 | $0 |
| 2021 | $2,071 | $201,207 | $0 | $0 |
| 2020 | $1,988 | $198,429 | $0 | $0 |
| 2019 | $1,823 | $181,730 | $0 | $0 |
| 2018 | $1,853 | $191,125 | $0 | $0 |
| 2017 | $1,777 | $187,194 | $0 | $0 |
| 2016 | $1,799 | $183,344 | $0 | $0 |
| 2015 | $1,765 | $182,070 | $0 | $0 |
| 2014 | $1,788 | $180,625 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Saara Staten
S
Seller's Agent in 2024
Saara Staten
Engel & Volkers Marathon
(786) 623-7392
15 Total Sales
-
o
Seller Co-Listing Agent in 2024
outside of mls
Outside Of MLS
-
o
Buyer's Agent in 2022
outside mls - FKBR
Outside Of MLS - FKBR
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 609589
APN: 00073670-000000
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