$680,000
SOLD AUG 22, 2025
2 Beds
2 Baths
1,573 Sq Ft
6,600 Sq Ft Lot

Recently Sold

$432 Per Sq Ft

17% Below List Price

191 Days on Market

Highlights

  • Beach
  • Tennis Courts
  • Deck
  • Coral Shores High School Rated A
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of August 2025

Convenient, spacious and private are many of the words used to describe this elegant ranch style island home. Featuring an attached carport where you can simply drive to your front door! There are no long flights of stairs to climb, offering ease and comfort. This single floor home is elevated above flood and has low transferable insurance. When you enter the home you will be impressed by the spacious floor plan, high vaulted ceilings, and large private screened in porch overlooking the private, tropical fenced in back yard. The impressive interior accommodations include Brazilian cherry hardwood flooring throughout, upgraded LED lighting for energy savings and an updated kitchen with granite counter tops. The exterior of this home boasts a newer roof from 2018 and a new 13.5KW generator offering safety and security. There is also a separate office and laundry room that is accessed from the covered parking area, or back porch. Close and conveniently located near grocery stores, hospital, restaurants, and major shopping outlets. Catch the evening sunset at the ''Sunset Park''. There is also a community golf course, tennis, pickleball and bocce courts located right down the street. The owners have generously offered to pay for one year passes to the private beach, only five minutes walking distance away. This private island sanctuary on Key Colony Beach offers the ideal combination of island living and modern conveniences. Imagine all that awaits you in this friendly island neighborhood! Call now to schedule your very own private showing, this opportunity will not last!

Last Agent to Sell the Property

Anthony Pallaria

Coldwell Banker Schmitt Islamorada License #3497847 Listed on: 02/11/2025

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,655

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 6,600 Sq Ft Lot
  • Privacy Fence
  • Property is zoned R-1A - Key Colony Single Family

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,573 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • French Doors
  • Sliding Doors
  • Workshop
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Carport
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Tennis Courts
  • Screened Balcony
  • Deck
  • Screened Patio
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Whole House Permanent Generator
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Ground Level

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072610-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,655

Year Built

Built in 1998 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • 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: Clubhouse, Bike Paths, Beach, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4654.80
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, Off Street Parking, Guest Parking, Open Parking, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 1998
  • Alternate Key Number: 1076660
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6600.00
  • Porch Balcony: Screened P/B, Deck, Screened Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1573.00
  • G F Interior Features: LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pull Down Stairs, Built-in Cabinets, Walk-in Closet(s), Granite Counter Top, Pantry, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Sash/Screen Window, Glass Doors, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Lanai, Storage, Privacy Wall/Fence
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Whole House Generatr, Cable Available, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-7
  • Parcel Number: 00072610-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Aug 22, 2025
Sold by
Eleazer Melvin N and Eleazer Nele
Bought by
Soler-Balsinde Beatriz Eugenia and Ortega William
Seller's Agent
Anthony Pallaria
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Monica Barrett
Coldwell Banker Schmitt Real Estate Co.
List Price
$817,500
Sold Price
$680,000
Premium/Discount to List
-$137,500
-16.82%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2613.92%
Original Mortgage
$544,000
Outstanding Balance
$544,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$312,763

Purchase Details

Closed on
Apr 17, 2019
Sold by
Pettorini James G and Pettorini Paula
Bought by
Eleazer Melvin N and Eleazer Nele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Apr 15, 2019
Sold by
Pettorini James G and Pettorini Paula
Bought by
Eleazer Melvin N and Eleazer Nele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Apr 7, 2004
Bought by
Pettorini James G and Pettorini Paula

Purchase Details

Closed on
Oct 9, 1997
Sold by
Spraetz Donald W and Spraetz William J
Bought by
Dias Robert M and Dias Jean T

Purchase Details

Closed on
Aug 1, 1979
Bought by
Pettorini James G and Pettorini Paula
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 Type Sale Price Title Company
Warranty Deed $680,000 Grove Title
Warranty Deed $522,500 None Listed On Document
Warranty Deed $522,500 None Listed On Document
Warranty Deed $532,900 --
Warranty Deed $41,000 --
Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $544,000 New Conventional
Previous Owner $518,363 VA
Previous Owner $517,168 VA
Previous Owner $0 VA
Previous Owner $269,950 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $680,000 -6.2% $432 / Sq Ft
08/21/2025 08/21/25 Pending -- -- --
06/29/2025 06/29/25 Price Changed $725,000 -5.6% $461 / Sq Ft
03/02/2025 03/02/25 Price Changed $768,000 -6.1% $488 / Sq Ft
02/11/2025 02/11/25 For Sale $817,500 -- $520 / 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 $4,655 $491,305 -- --
2023 $4,655 $476,996 $0 $0
2022 $4,480 $463,103 $0 $0
2021 $4,504 $449,615 $175,725 $273,890
2020 $4,613 $429,327 $152,295 $277,032
2019 $2,577 $259,808 $0 $0
2018 $2,445 $254,964 $0 $0
2017 $2,344 $249,720 $0 $0
2016 $2,378 $244,584 $0 $0
2015 $2,351 $242,884 $0 $0
2014 $2,385 $240,956 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 613656

Florida Keys Board of REALTORS®

APN: 00072610-000000