NOT LISTED FOR SALE

181 5th St Key Colony Beach, FL 33051

Estimated Value: $776,867 - $849,000

2 Beds
2 Baths
885 Sq Ft
$919/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $790,000 $893 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,849/month

45 Days on Market

Highlights

  • Beach
  • Dock made with concrete
  • Clubhouse
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Deck

About This Home

As of June 2024

Beautiful 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

Saara Staten

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,456

Year Built

Built in 1969 | Remodeled

Lot Details

3,300 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Beach, Tennis Courts, Clubhouse
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7456.11
  • Title: Negotiable
  • Vehicle Storage: Garage, Carport
  • Vehicle Storage Cars: 2
  • Year Built: 1969
  • Alternate Key Number: 1077755
  • Cooling Heating: Ductless
  • Lot Sq Ft: 3300.00
  • Porch Balcony: Deck, Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 885.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s), Storage, Dade County Pine, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Outdoor Shower
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00073670-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2023

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
$813,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,217
Avg. Annual Appreciation
1.78%
Original Mortgage
$711,000
Outstanding Balance
$700,497
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$112,720

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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
2025 $8,065 $676,618 $446,160 $230,458
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

  • S

    Seller's Agent in 2024

    Saara Staten

    Engel & Volkers Marathon

    (786) 623-7392

    5 in this area

    16 Total Sales

    Saara Staten
    Section Image

  • 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

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 609589

APN: 00073670-000000

Florida Monroe County Key Colony Beach 33051

181 5th St, Key Colony Beach, FL

Not Listed for Sale

Townhouses

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