181 5th St Key Colony Beach, FL 33051
2
Beds
2
Baths
885
Sq Ft
3,485
Sq Ft Lot
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.
Co-Listed By
outside of mls
Outside Of MLS
Map
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,456
Year Built
1969
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Half Duplex
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Control Depth: 4
- Dockage Dock: Concrete
- Dockage Dock Length: 30
- Document Count: 2
- 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: MultiFamily
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
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
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
| 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
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $711,000 | New Conventional | |
| Previous Owner | $609,000 | New Conventional | |
| Previous Owner | $600,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $110,668 | New Conventional | |
| Previous Owner | $585,000 | Purchase Money Mortgage | |
| Previous Owner | $487,500 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | New Conventional | |
| Previous Owner | $77,700 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $790,000 | Gst Title & Trust | |
| Warranty Deed | $812,000 | New Title Company Name | |
| Warranty Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Gift Deed | -- | -- | |
| Warranty Deed | $780,000 | -- | |
| Warranty Deed | $650,000 | Crest Title Company | |
| Warranty Deed | $120,000 | -- | |
| Warranty Deed | $150,000 | -- | |
| Deed | $80,000 | -- |
Source: Public Records
Similar Homes in the area
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 609589
APN: 00073670-000000
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