NOT LISTED FOR SALE

220 4th St Key Largo, FL 33037

Estimated Value: $765,000 - $882,289

2 Beds
2 Baths
1,155 Sq Ft
$705/Sq Ft Est. Value

Last Sold May 03, 2024

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

Est. 5% increase in value since last sale

Current estimated payment $5,056/month

77 Days on Market

Highlights

  • Airstrip
  • Beach
  • No HOA
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Balcony

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 Agent to Sell the Property

Tracy Chacksfield

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

Berkshire Hathaway HomeServices Keys Real Estate

Co-Listed By

Karen Raspe, PA

Ocean Sotheby's International License #3226605

Last Buyer's Agent

Nathan Bartlett

Berkshire Hathaway HomeServices Keys Real Estate License #3588189

Berkshire Hathaway HomeServices Keys Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,450

Year Built

  • Built in 1981

Lot Details

  • 3,300 Sq Ft Lot
  • Home fronts a canal

Parking

  • Carport

Home Design

  • Half Duplex
  • Fixer Upper
  • Metal Roof

Interior Spaces

  • 1,155 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Sliding Doors
  • Storage
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Airstrip
  • Seawall
  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00073050-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,450

Year Built

Built in 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: Townhouses

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
$814,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,072
Avg. Annual Appreciation
4.33%

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
Source: Public Records

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Range of Values:

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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

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608549

APN: 00073050-000100