NOT LISTED FOR SALE

331 2nd St Key Colony Beach, FL 33051

Key Colony Beach Area

Estimated Value: $687,624

2 Beds
2 Baths
1,100 Sq Ft
$625/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2025

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

Est. 21% increase in value since last sale

Current estimated payment $4,093 / mo

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, P.A.

Ocean Sotheby's International License #541095 Listed on: 12/04/2024

Last Buyer's Agent

Alicia Lund

American Caribbean Real Estate, Christie's International Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1997

Lot Details

  • 3,300 Sq Ft Lot

Home Design

  • Half Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Ceiling Fan
  • 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

Outdoor Features

  • Balcony
  • Awning

Utilities

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Mar 24, 2025
Sold by
Soderquist Robert
Bought by
Seller's Agent
Steve Smith, P.A.
Ocean Sotheby's International
Buyer's Agent
Alicia Lund
American Caribbean Real Estate, Christie's International Real Estate
List Price
$675,000
Sold Price
$570,000
Premium/Discount to List
-$105,000
-15.56%
Views
36
Current Estimated Value
$687,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,624
Avg. Annual Appreciation
13.14%
Original Mortgage
$559,675
Outstanding Balance
$550,031
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$137,593

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

Purchase Details

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

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Key Colony Beach, FL

  • Bernice Schafer Real Estate Agent - Vested Palm Real Estate and Home Services

    Bernice Schafer

    Vested Palm Real Estate and Home Services

    (888) 614-9574

    57 Total Sales

    2 in Key Colony Beach

    $929,000 Price Range

    Bernice Schafer
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  • Lorie LaLonde Real Estate Agent - American Caribbean Real Estate, Christie's International Real Estate

    Lorie LaLonde

    American Caribbean Real Estate, Christie's International Real Estate

    (855) 943-4680

    39 Total Sales

    2 in Key Colony Beach

    $450K - $3.6M Price Range

    Lorie LaLonde
     Section Image
  • Natalie Ardis Real Estate Agent - Coldwell Banker Schmitt Real Estate Co.

    Natalie Ardis

    Coldwell Banker Schmitt Real Estate Co.

    (844) 955-0059

    28 Total Sales

    7 in Key Colony Beach

    $485K - $1.4M Price Range

    Natalie Ardis
     Section Image
  • Anneliese Dietrick Real Estate Agent - Coldwell Banker Schmitt Lower Keys (KW)

    Anneliese Dietrick

    Coldwell Banker Schmitt Lower Keys (KW)

    (844) 666-4591

    37 Total Sales

    2 in Key Colony Beach

    $1,100,000 Price Range

    Anneliese Dietrick
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  • Victor Ruiz Real Estate Agent - Move Miami, LLC.

    Victor Ruiz

    Move Miami, LLC.

    (786) 828-5367

    50 Total Sales

    1 in Key Colony Beach

    $1,120,000 Price

    Victor Ruiz
     Section Image
  • Lisa Ferringo Real Estate Agent - Coldwell Banker Schmitt Real Estate Co

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    (786) 751-5529

    566 Total Sales

    16 in Key Colony Beach

    $599K - $7.4M Price Range

    Lisa Ferringo
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$570,000 None Listed On Document
Soderquist Robert -- None Listed On Document
Soderquist Robert -- 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $559,675
Previous Owner Mayor Charlotte $157,128
Previous Owner Soderquist Robert $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • SS

    Seller's Agent in 2025

    Steve Smith, P.A.

    Ocean Sotheby's International

  • AL

    Buyer's Agent in 2025

    Alicia Lund

    American Caribbean Real Estate, Christie's International Real Estate

  • Alicia Lund, P.A. Real Estate Agent - Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys

    Buyer's Agent in 2025

    Alicia Lund, P.A.

    Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys

    (305) 615-1275

    28 Total Sales

    Alicia Lund, P.A.
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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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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