NOT LISTED FOR SALE

220 4th St Key Largo, FL 33037

Estimated Value: $777,000 - $879,860

2 Beds
2 Baths
1,155 Sq Ft
$709/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $775,000 $671 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,080/month

77 Days on Market

About This Home

As of May 2024

Discover the potential of island living in Key Colony Beach with this stilted east-facing 2-Bedroom, 2-Bath half-duplex. Ideal for those with a keen eye for transformation, this property offers an abundance of natural light and presents an opportunity to shape your dream home. Inside you'll find a well-designed layout with spacious living and dining areas, open concept kitchen, generously sized primary bedroom with ample closet space, guest bedroom with walk-in closet, plus laundry room. Protected parking is provided by the carport, while the large backyard offers the space to create your own pool retreat. Boaters will appreciate the 30' dock, providing quick access to both the Atlantic and the Gulf of Mexico. Downstairs includes an 18'x5' storage area, the perfect location for storing all your fishing and aquatic gear. Conveniently located within a 2-minute walk to the Cabana Club, this property adds an extra layer of appeal to the island lifestyle. Whether you're looking to move from ground level to stilted or seeking a project to make your mark, this Key Colony Beach half-duplex is a canvas waiting for your personal touch. Explore the possibilities and turn this home into your coastal sanctuary.

Last Listed By

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758 Listed on: 02/05/2024

Berkshire Hathaway HomeServices Keys Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,450

Year Built

1981

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 Length: 30
  • Dockage Seawall: 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: Tennis Courts, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6450.29
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage
  • Year Built: 1981
  • Alternate Key Number: 8649495
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 3300.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1155.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Pantry, Storage, Window Treatments, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet, Vinyl
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00073050-000100
  • Lot Size: 30 x 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
May 3, 2024
Sold by
Smith Peter G and Wilson Sandra
Bought by
Nelson Marc
Seller's Agent
Tracy Chacksfield
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Nathan Bartlett
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$935,000
Sold Price
$775,000
Premium/Discount to List
-$160,000
-17.11%
Total Days on Market
77
Views
54
Current Estimated Value
$819,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,215
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Sep 16, 2004
Sold by
Smith Peter G and Wilson Sandra
Bought by
Smith Peter G and Wilson Sandra

Purchase Details

Closed on
Aug 12, 2004
Sold by
Smith Peter G
Bought by
Smith Peter G

Purchase Details

Closed on
Dec 1, 1983
Bought by
Smith Peter G

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Home in Key Largo, FL

  • 520 4th St, Key Largo, FL 33037

    $750,000

    • 2 Beds
    • 2 Baths
    • 885 Sq Ft
    • 520 4th St
    • Key Largo, FL

    ** NEW IMPROVED PRICE ** MOTIVATED SELLER ** Bring an offer for this fabulous 2-bedroom, 2-bathroom half-duplex, which is situated along a clean, wide canal with 30 feet of dock space, providing easy access to the open ocean. The property boasts an updated kitchen and bathrooms, spacious bedrooms, and a lovely screened-in porch. It comes fully furnished, making it ready for immediate move-in.

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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
Nelson Marc $775,000 None Listed On Document
Smith Peter G -- --
Smith Peter G -- --
Smith Peter G $99,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $775,000 -10.4% $671 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $865,000 -7.5% $749 / Sq Ft
02/05/2024 02/05/24 For Sale $935,000 -- $810 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $6,450 $831,374 $534,600 $296,774
2023 $6,450 $808,795 $501,534 $307,261
2022 $5,315 $544,964 $323,136 $221,828
2021 $4,882 $440,641 $228,888 $211,753
2020 $4,413 $408,584 $218,790 $189,794
2019 $4,630 $430,944 $218,790 $212,154
2018 $4,424 $427,158 $213,287 $213,871
2017 $4,354 $443,948 $0 $0
2016 $4,189 $413,059 $0 $0
2015 $3,774 $349,805 $0 $0
2014 $3,666 $344,466 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tracy Chacksfield

    Berkshire Hathaway HomeServices Keys Real Estate

    (312) 350-4601

    65 Total Sales

    Tracy Chacksfield
    Section Image
  • Karen Raspe, PA

    Seller Co-Listing Agent in 2024

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    226 Total Sales

    Karen Raspe, PA
    Section Image

  • N

    Buyer's Agent in 2024

    Nathan Bartlett

    Berkshire Hathaway HomeServices Keys Real Estate

    (346) 242-4655

    22 Total Sales

    Nathan Bartlett
    Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608549

APN: 00073050-000100

Florida Monroe County Key Largo 33037

220 4th St, Key Largo, FL

Homes for Sale in Key Largo, FL

This home is located at 220 4th St, Key Largo, FL 33037 since 05 February 2024 and is currently estimated at $819,215, approximately $709 per square foot. This property was built in 1981. 220 4th St is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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