$950,000
SOLD OCT 13, 2023
0.22 Acre
-- Price per Acre
9,720 Sq Ft Lot

Recently Sold

Highlights

  • Beach
  • Coral Shores High School Rated A
  • Home fronts a canal

About This Lot

As of October 2023

Cleared Canal Front Lot in Key Colony Beach, one of the last lots on the island that has not been built. Build your home in paradise with ocean views on a nice size canal. Great boating access to Vaca Cut and the Atlantic. Lot is ROGO exempt and includes plans for a 5 bed 5 bath home with 4113 square feet. Just update your plans with the City and start building right away. Canal is approximately 50' wide and no HOA.

Last Agent to Sell the Property

Chase Foster

Coldwell Banker Schmitt Real Estate Co. License #3305166 Listed on: 08/30/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Joseph Suarez

Trustpoint Realty, LLC License #3366522

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,754

Lot Details

  • 9,720 Sq Ft Lot
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned R-1B - Key Colony Single Family

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 00079872-009001

Community Details

Overview

  • Key Colony Beach Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$3,754

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 3
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3753.94
  • Title: Negotiable
  • Alternate Key Number: 9104555
  • Dockage Dock Permit: Applied For
  • Lot Sq Ft: 9720.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Other See Remarks
  • Location Site: Paved Street, Cleared Site, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View, Open Water View

Utilities

  • Security: Patrolled Area

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00079872-009001
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Other Permit

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 10, 2023
Sold by
Lin Tao
Bought by
15Th Cir Llc
Seller's Agent
Chase Foster
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Joseph Suarez
Trustpoint Realty, LLC
List Price
$950,000
Sold Price
$950,000
Views
8
Current Estimated Value
$4,441,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,491,457
Avg. Annual Appreciation
85.48%

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 4, 2021
Sold by
Flannigan Gregory and Flannigan Suzanne
Bought by
Lin Tao
Seller's Agent
Amy Prumo
Exit Realty Florida Keys MTH
Buyer's Agent
Chase Foster
Coldwell Banker Schmitt Real Estate Co.
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.25%

Purchase Details

Listed on
Apr 1, 2020
Closed on
Oct 20, 2020
Sold by
Maslar John E
Bought by
Flannigan Gregory and Flannigan Suzanne
Seller's Agent
Pamela Nada-Caley
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Amy Prumo
Exit Realty Florida Keys MTH
List Price
$450,000
Sold Price
$385,000
Premium/Discount to List
-$65,000
-14.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.61%
Original Mortgage
$308,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2003
Sold by
Crawl Key Development Inc
Bought by
Maslar John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $950,000 None Listed On Document
Warranty Deed $450,000 Attorney
Warranty Deed $385,000 Law Offices Of Thomas D Wright
Warranty Deed $325,000 Florida Keys Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $308,000 New Conventional
Previous Owner $285,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $950,000 0.0% --
08/30/2023 08/30/23 For Sale $950,000 +111.1% --
06/04/2021 06/04/21 Sold $450,000 -4.1% --
04/26/2021 04/26/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $469,000 +21.8% --
10/21/2020 10/21/20 Sold $385,000 -14.4% --
04/01/2020 04/01/20 For Sale $450,000 -- --
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 $4,374 $789,434 $789,434 --
2023 $4,374 $500,367 $500,367 $0
2022 $3,754 $386,558 $386,558 $0
2021 $3,138 $313,956 $313,956 $0
2020 $3,184 $330,116 $330,116 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 606476

APN: 00079872-009001