NOT LISTED FOR SALE

Estimated Value: $750,514 - $887,000

2 Beds
2 Baths
1,008 Sq Ft
$826/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $725,000 $719 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,199/month

18 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Dock made with wood
  • Coral Shores High School Rated A
  • Beach
  • Home fronts a canal

About This Home

As of July 2022

Renowned Key Colony Beach location, west facing canal front half duplex featuring two-bedrooms, two-bathrooms, ~1000 sqft. & 37.5 ft concrete seawall with step-down extension wood dock. Concrete construction, covered carport & driveway space for multiple vehicles & room for a pool. Ideal open concept living, kitchen & dining area, featuring granite counters and a separate interior laundry area. 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. Owner does not carry wind or flood insurance.Don't wait, call and make this your perfect Keys getaway & investment property today!

Last Listed By

Barbara Mckee

Coldwell Banker Schmitt RE Co. Lower Keys Office Listed on: 06/20/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,562

Year Built

  • Built in 1966

Lot Details

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

Home Design

  • Half Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Guest Parking
  • Open Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Dock made with wood
  • Patio
  • Tiki or Chickee Hut

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00075520-000000

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,562

Year Built

Built in 1966

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: 37
  • 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: Airstrip, Other Area Features, Community Boat Ramp, Bike Paths, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4561.95
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Open Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1966
  • Alternate Key Number: 1081078
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1008.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Storage, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Buyer to Verify, Water Separate Meter, Municipal Sewer, Elect Separate Meter, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00075520-000000
  • 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

Listed on
Jun 20, 2022
Closed on
Jul 27, 2022
Sold by
Barbara Mckee
Bought by
Antonio Mellado Revocable Living Trust
Seller's Agent
Barbara Mckee
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Stephany Duvall
Engel & Volkers Marathon
List Price
$815,000
Sold Price
$725,000
Premium/Discount to List
-$90,000
-11.04%
Total Days on Market
18
Current Estimated Value
$832,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,129
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
May 2, 2001
Sold by
Edward L Adams I
Bought by
Mckee Cary B and Mckee Barbara

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
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2001
Bought by
Mckee Gary B and Mckee Barbara

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
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2000
Sold by
Sofield Walter J and Sofield Lisa M
Bought by
Seidl Frank and Seidl Corrine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
8.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2000
Sold by
Pr Barbara A Stevens and Pr Jamie L Sitton
Bought by
Sofield Walter J and Sofield Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.14%
Mortgage Type
New Conventional

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
Antonio Mellado Revocable Living Trust $725,000 Wright Barrows Pllc
Mckee Cary B $236,428 --
Mckee Gary B $265,000 --
Seidl Frank $248,000 --
Sofield Walter J $165,000 --
Adams Edward L $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Edward L $212,000
Previous Owner Adams Edward L $198,400
Previous Owner Adams Edward L $148,000
Previous Owner Adams Edward L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $725,000 -3.3% $719 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $750,000 -8.0% $744 / Sq Ft
06/20/2022 06/20/22 For Sale $815,000 -- $809 / 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 $6,771 $657,728 $478,500 $179,228
2023 $6,771 $649,432 $474,375 $175,057
2022 $5,084 $545,054 $379,500 $165,554
2021 $4,562 $408,661 $260,906 $147,755
2020 $4,309 $397,771 $247,500 $150,271
2019 $4,351 $402,064 $247,500 $154,564
2018 $4,190 $402,020 $247,500 $154,520
2017 $4,161 $409,659 $0 $0
2016 $4,113 $405,342 $0 $0
2015 $3,753 $356,693 $0 $0
2014 $3,575 $335,857 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601470

Florida Keys Board of REALTORS®

APN: 00075520-000000