NOT LISTED FOR SALE

331 2nd St Key Colony Beach, FL 33051

Estimated Value: $559,000 - $645,589

2 Beds
2 Baths
1,100 Sq Ft
$546/Sq Ft Est. Value

Last Sold March 24, 2025

Last sale price $570,000 $518 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,341/month

72 Days on Market

Highlights

  • Canal View
  • No HOA
  • Balcony
  • Coral Shores High School Rated A
  • Workshop
  • Complete Accordion Shutters

About This Home

As of March 2025

Stilted half duplex, in excellent condition and well maintained, two bedrooms, two bathrooms right across the street from East End Park. Water views of Key Colony Channel from front porch. Owner Occupied, never been rented. Large down stairs storage room, off street parking and covered Carport parking. Across the street from East End Park. Walking distance to Cabana Club, Restaurants, Shopping, Par 3 Golf Course, Fishing and Dive Boats, Sunset Park. Great neighborhood...

Last Agent to Sell the Property

Steve Smith

Key Colony Beach Realty License #541095 Listed on: 12/04/2024

Last Buyer's Agent

Alicia Lund, P.A.

Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys License #SL3347097

Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1997

Lot Details

  • 3,300

Home Design

  • Half Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Workshop
  • Utility Room
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Cable TV Available

Additional Features

  • Balcony
  • 3,300 Sq Ft Lot

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072420-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,090

Year Built

Built in 1997

Lot Details

3,300 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: Yes
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2090.28
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking
  • Year Built: 1997
  • Alternate Key Number: 1076473
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 3300.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1100.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Aluminum Windows, Awning Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Combo Construction, Frame
  • Roof: Metal Roof
  • Waterview: Canal View, No Waterview
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00072420-000000
  • Lot Size: 30 X 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Mar 24, 2025
Sold by
Soderquist Robert
Bought by
Sandoval Jose Agustin Garc and Ornelas Yocelyn
Seller's Agent
Steve Smith
Key Colony Beach Realty
Buyer's Agent
Alicia Lund, P.A.
Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys
List Price
$675,000
Sold Price
$570,000
Premium/Discount to List
-$105,000
-15.56%
Views
36
Current Estimated Value
$600,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,832
Avg. Annual Appreciation
5.29%
Original Mortgage
$559,675
Outstanding Balance
$554,742
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$45,405

Purchase Details

Closed on
Sep 30, 2022
Sold by
Soderquist Robert and Mayor Charlotte
Bought by
Soderquist Robert and Mayor Charlotte

Purchase Details

Closed on
Sep 23, 2022
Sold by
Soderquist Robert and Mayor Charlotte
Bought by
Soderquist Robert and Mayor Charlotte

Purchase Details

Closed on
Apr 3, 2002
Sold by
Genaro M Telan M and Genaro Telan M
Bought by
Soderquist Robert and Mayor Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1997
Sold by
Hanson Charles and Hanson Marian B
Bought by
Telan Genaro M and Telan Fernandita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 1997
Sold by
Charles and Charles Hanson B
Bought by
Skrabalak Marlene J and Rugala Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1987
Bought by
Soderquist Robert

Purchase Details

Closed on
Aug 1, 1980
Bought by
Soderquist Robert

Purchase Details

Closed on
Apr 1, 1980
Bought by
Soderquist Robert

Purchase Details

Closed on
Sep 1, 1978
Bought by
Soderquist Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sandoval Jose Agustin Garc $570,000 None Listed On Document
Sandoval Jose Agustin Garc $570,000 None Listed On Document
Soderquist Robert -- None Listed On Document
Soderquist Robert -- None Listed On Document
Sodorquist Katherine -- None Listed On Document
Soderquist Robert $225,000 --
Telan Genaro M $129,500 --
Skrabalak Marlene J $129,500 --
Soderquist Robert $19,000 --
Soderquist Robert -- --
Soderquist Robert -- --
Soderquist Robert $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Jose Agustin Garc $559,675
Closed Sandoval Jose Agustin Garc $559,675
Previous Owner Skrabalak Marlene J $175,000
Previous Owner Skrabalak Marlene J $103,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2025 03/24/25 Sold $570,000 -1.7% $518 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $580,000 -10.1% $527 / Sq Ft
12/27/2024 12/27/24 Price Changed $645,000 -4.4% $586 / Sq Ft
12/04/2024 12/04/24 For Sale $675,000 -- $614 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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
2025 $2,177 $234,239 -- --
2024 $2,031 $227,638 -- --
2023 $2,031 $221,008 $0 $0
2022 $2,000 $214,571 $0 $0
2021 $1,982 $208,322 $0 $0
2020 $1,897 $205,446 $0 $0
2019 $1,848 $200,827 $0 $0
2018 $1,769 $197,083 $0 $0
2017 $1,691 $193,030 $0 $0
2016 $1,707 $189,060 $0 $0
2015 $1,666 $187,746 $0 $0
2014 $1,682 $186,256 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Smith

    Seller's Agent in 2025

    Steve Smith

    Key Colony Beach Realty

    (305) 849-1196

    23 in this area

    25 Total Sales

    Steve Smith
    Section Image
  • Alicia Lund, P.A.

    Buyer's Agent in 2025

    Alicia Lund, P.A.

    Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys

    (305) 615-1275

    6 in this area

    32 Total Sales

    Alicia Lund, P.A.
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 612529

APN: 00072420-000000

Florida Monroe County Key Colony Beach 33051

331 2nd St, Key Colony Beach, FL

Not Listed for Sale

Townhouses

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