NOT LISTED FOR SALE

Estimated Value: $1,052,211 - $1,254,000

2 Beds
2 Baths
1,260 Sq Ft
$921/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $1,000,000 $794 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,258/month

4 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • No HOA
  • Coral Shores High School Rated A
  • Furnished
  • Stainless Steel Appliances

About This Home

As of August 2022

Distinctly coveted Key Colony Beach location, East facing stilted waterfront half duplex featuring two-bedrooms, two-bathrooms, nearly 1,300 square feet inside, and 37.5 ft concrete seawall with step-down wood dock. Superior concrete construction, oversized carport parking for multiple vehicles, room for a pool, 420 square feet of enclosed first level storage, and wrap-around porch to enjoy the island breeze. Ideal open concept living flows to the dining area and kitchen equipped with updated stainless steel appliances. Spacious bedrooms feature plenty of natural light and plantation shutters. New metal roof in 2018, concrete spalling work completed in 2020 and new landscaping 2022. Currently a licensed 7 day vacation rental with future bookings in place and Cabana Club membership. Key Colony Beach is the premier boating community in the Middle Keys with its very own golf course, tennis and pickle ball courts, biking and running paths, plus police station, City Hall and post office. What more could you desire?

Last Agent to Sell the Property

Ally Kelley

Ocean Sotheby's International License #SL3352184 Listed on: 06/14/2022

Ocean Sotheby's International

Last Buyer's Agent

Ginger Perreault

Berkshire Hathaway HomeServices Keys Real Estate License #3462735

Berkshire Hathaway HomeServices Keys Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,956

Year Built

  • Built in 1987

Lot Details

  • 4,125 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Metal Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Blinds
  • Sliding Doors
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with wood
  • Balcony
  • 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 00076100-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,956

Year Built

Built in 1987

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: 5
  • Dockage Dock: Wood
  • Dockage Dock Length: 375
  • Dockage Seawall: Concrete
  • Document Count: 6
  • 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: Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5956.04
  • Vehicle Storage: Carport, Off Street Parking, Trailer Storage
  • Year Built: 1987
  • Alternate Key Number: 8712693
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1260.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Jalousie Windows
  • 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: Buyer to Verify, Elect Separate Meter, FKAA, Community Swr Plant, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00076100-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Gibbons James R and Gibbons Anne C
Bought by
Gibbons James R
Current Estimated Value
$1,179,943

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 30, 2022
Sold by
Murray Davison J and Murray Margot
Bought by
Gibbons James R and Gibbons Anne C
Seller's Agent
Ally Kelley
Ocean Sotheby's International
Buyer's Agent
Ginger Perreault
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$949,000
Sold Price
$1,000,000
Premium/Discount to List
$51,000
5.37%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Jul 23, 2008
Sold by
Marjoribanks John S and Marjoribanks Teri A
Bought by
Davison J Murray and Davison Margot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2006
Sold by
Ruhsam Harry and Ruhsam Donna
Bought by
Marjoribanks John S and Marjoribanks Teri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1998
Sold by
Sandra R Tremper Tr
Bought by
Ruhsam Harry and Ruhsam Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1987
Bought by
Davison J Murray J and Davison Margot
Source: Public Records

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
Gibbons James R -- --
Gibbons James R $1,000,000 --
Davison J Murray $775,000 Attorney
Marjoribanks John S $780,000 Attorney
Ruhsam Harry $265,000 --
Davison J Murray J $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davison J Murray $20,000
Previous Owner Davison J Murray $300,000
Previous Owner Marjoribanks John S $590,000
Previous Owner Ruhsam Harry $226,500
Previous Owner Ruhsam Harry $230,000
Previous Owner Ruhsam Harry $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $1,000,000 +5.4% $794 / Sq Ft
06/18/2022 06/18/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $949,000 -- $753 / Sq Ft
Source: Florida Keys Board 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 $8,892 $903,260 $478,500 $424,760
2023 $8,892 $869,946 $474,375 $395,571
2022 $6,548 $710,882 $379,500 $331,382
2021 $5,956 $558,606 $260,906 $297,700
2020 $5,234 $493,680 $247,500 $246,180
2019 $5,298 $500,148 $247,500 $252,648
2018 $5,145 $504,871 $247,500 $257,371
2017 $5,317 $537,359 $0 $0
2016 $5,289 $527,259 $0 $0
2015 $4,804 $456,780 $0 $0
2014 $4,670 $443,669 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601402

Florida Keys Board of REALTORS®

APN: 00076100-000100