NOT LISTED FOR SALE

220 8th St Key Colony Beach, FL 33051

Estimated Value: $620,000 - $790,427

2 Beds
2 Baths
1,144 Sq Ft
$596/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $635,000 $555 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,270/month

40 Days on Market

About This Home

As of June 2024

New Construction* Walkable Location* Police Patrolled Area* Resort Like Amenities* Welcome to 220 8th street in the highly sought after island of Key Colony Beach. Professionally decorated with lots of natural wood elements yet modern with its quartz counter tops, sleek cabinets and stainless appliances. Built in 2020, the home is tiled throughout, has beautiful tile & stone showers with glass door enclosures. All doors and windows are high impact and the roof is metal. Location highlights include, walking distance to the golf course, new pickle ball court, tennis courts, restaurants, shops and the beautiful Sunset Park. Key Colony Beach is a walkable City that enjoys its own police department, post office and children's parks. There are bike paths that meander through the City for those that love to bike or walk. For those that love to socialize Key Colony has a host of events and socials Like Sunday afternoon concerts in Sunset Park during February and March, KCB Day, a St. Patrick's Day parade, a fishing and boating club and a whole lot more. This beautiful property is being sold furnished and is a great opportunity to get into newer construction with low insurances and start enjoying life in the Florida Keys. Room for a pool!

Last Listed By

Kim Show

Coldwell Banker Schmitt Real Estate Co. License #3220812 Listed on: 03/27/2024

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,921

Year Built

2020

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
  • Document Count: 4
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5920.64
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 2020
  • Alternate Key Number: 1080144
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1144.00
  • Property Condition: New Construction, Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00074670-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Jun 17, 2024
Sold by
Portner Kimberly
Bought by
Wendler Karen and Wendler Christian
Seller's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Jenny Benson
Coastal Collection Real Estate Inc.
List Price
$640,000
Sold Price
$635,000
Premium/Discount to List
-$5,000
-0.78%
Total Days on Market
40
Views
11
Current Estimated Value
$681,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,357
Avg. Annual Appreciation
5.59%
Original Mortgage
$444,500
Outstanding Balance
$442,375
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$223,748

Purchase Details

Closed on
Feb 28, 2022
Sold by
Key Colony Homes Llc
Bought by
Portner Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,008
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2020
Sold by
Td Group Holdings I Llc
Bought by
Key Colony Homes Llc

Purchase Details

Closed on
May 13, 2016
Sold by
Johnson Peter F and Johnson Sharon E
Bought by
Tdgroup Holdings I Llc

Purchase Details

Closed on
May 10, 1994
Sold by
Century Club Inc
Bought by
Johnson Peter F and Johnson Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1991
Bought by
Tdgroup Holdings I Llc

Purchase Details

Closed on
Apr 1, 1991
Bought by
Tdgroup Holdings I Llc

Purchase Details

Closed on
Mar 1, 1988
Bought by
Tdgroup Holdings I Llc

Range of Values:

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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
Wendler Karen $635,000 None Listed On Document
Portner Kimberly $424,500 Wright Barrows Pllc
Key Colony Homes Llc $424,000 Attorney
Tdgroup Holdings I Llc $106,000 None Available
Johnson Peter F $30,000 --
Tdgroup Holdings I Llc -- --
Tdgroup Holdings I Llc -- --
Tdgroup Holdings I Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendler Karen $444,500
Previous Owner Portner Kimberly $382,008
Previous Owner Kelley Alexandra $402,550
Previous Owner Johnson Peter F $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $635,000 -0.8% $555 / Sq Ft
05/08/2024 05/08/24 For Sale $640,000 +0.8% $559 / Sq Ft
04/24/2024 04/24/24 Off Market $635,000 -- --
03/27/2024 03/27/24 For Sale $640,000 -- $559 / 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 $5,921 $573,815 $334,125 $239,690
2023 $5,921 $561,086 $321,750 $239,336
2022 $4,344 $401,695 $175,230 $226,465
2021 $4,159 $368,327 $142,313 $226,014
2020 $1,570 $113,850 $113,850 $0
2019 $1,173 $126,019 $126,019 $0
2018 $1,068 $124,369 $124,369 $0
2017 $878 $89,822 $0 $0
2016 $654 $99,272 $0 $0
2015 $453 $64,041 $0 $0
2014 $413 $55,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 609345

APN: 00074670-000000