NOT LISTED FOR SALE

341 8th St Key Largo, FL 33037

Estimated Value: $751,138 - $927,000

2 Beds
2 Baths
900 Sq Ft
$953/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $515,000 $572 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,177/month

292 Days on Market

Highlights

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

About This Home

As of October 2019

INVESTMENT OPPORTUNITY! Established Vacation Rental, Buy today and enjoy the rental income. Spacious 37.5 feet of concrete boat dockage. Large Screened Porch, Tiki Hut, and deck provide plenty of space for outdoor entertaining! Ample parking, 5+cars, or boat trailer. Flow into the beautifully remodeled interior with granite countertops and stainless steel appliances in the kitchen. Opens to the living room with water views! Modern updated bathrooms, and well appointed bedrooms. Know as the ROCK LOBSTER BUNGALOW, this home is located across the street from the Golf Course, and Park, complete with playgournd,, bocce ball, and more. Nearby City Hall, restaurants, Cabana Club, and walking trails. Easy Ocean and Gulf boating access. Sportfishing or kayaking in your back yard.

Last Agent to Sell the Property

Elaine Zimmerman

Coldwell Banker Schmitt Real Estate Co. License #3074676 Listed on: 12/13/2018

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Derrick Johnson

Exit Realty Florida Keys MTH

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1970

Lot Details

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

Home Design

  • Half Duplex

Interior Spaces

  • 900 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Storage
  • Utility Room
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Dock made with concrete
  • Screened Balcony
  • Tiki or Chickee Hut

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00074910-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Ramp
  • Beach
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,798

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 375
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Fire Hydrant, Community Pool, Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3797.69
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1970
  • Alternate Key Number: 1080365
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 900.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Storage, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut
  • Waterview: Canal View

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00074910-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Oct 2, 2019
Sold by
James Bruce David and James Deborah
Bought by
Nixon Robert A
Seller's Agent
Elaine Zimmerman
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Derrick Johnson
Exit Realty Florida Keys MTH
List Price
$569,000
Sold Price
$515,000
Premium/Discount to List
-$54,000
-9.49%
Current Estimated Value
$858,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,035
Avg. Annual Appreciation
9.05%
Original Mortgage
$463,500
Outstanding Balance
$407,836
Interest Rate
3.5%
Estimated Equity
$450,199

Purchase Details

Listed on
Jun 27, 2016
Closed on
Nov 30, 2016
Sold by
Cornachhia Brian
Bought by
James Bruce David and James Deborah
Seller's Agent
Robin Kluck
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Angela Day
Coco Plum Real Estate
List Price
$529,000
Sold Price
$467,500
Premium/Discount to List
-$61,500
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$260,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2012
Closed on
Jun 28, 2012
Sold by
Will Joseph G and Will Lynne W
Bought by
Cornacchia Brian
Seller's Agent
Robin Kluck
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Gidget Jackson
Coldwell Banker Schmitt Real Estate Co.
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
Dec 1, 1996
Bought by
Cornacchia Brian

Purchase Details

Closed on
May 1, 1988
Bought by
Cornacchia Brian

Purchase Details

Closed on
Feb 1, 1985
Bought by
Cornacchia Brian

Purchase Details

Closed on
Feb 1, 1970
Bought by
Cornacchia Brian
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
Nixon Robert A $515,000 Blue Marlin Title Corp
James Bruce David $467,500 Biue Marllin Title Corporati
Cornacchia Brian $300,000 Attorney
Cornacchia Brian $149,300 --
Cornacchia Brian $117,500 --
Cornacchia Brian $92,500 --
Cornacchia Brian $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nixon Robert A $463,500
Closed Nixon Robert A $463,500
Previous Owner James Bruce David $260,000
Previous Owner Cornacchia Brian J $210,000
Previous Owner Will Joseph G $75,000
Previous Owner Will Joseph G $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $515,000 -9.5% $572 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $569,000 +21.7% $632 / Sq Ft
11/30/2016 11/30/16 Sold $467,500 -11.6% $519 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $529,000 +76.3% $588 / Sq Ft
06/30/2012 06/30/12 Sold $300,000 -7.7% $333 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $325,000 -- $361 / 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 $6,023 $695,903 $478,500 $217,403
2023 $6,023 $683,102 $474,375 $208,727
2022 $5,330 $569,078 $379,500 $189,578
2021 $4,804 $432,880 $260,906 $171,974
2020 $4,535 $421,217 $247,500 $173,717
2019 $4,488 $416,285 $247,500 $168,785
2018 $4,132 $395,669 $247,500 $148,169
2017 $4,249 $419,343 $0 $0
2016 $4,214 $411,531 $0 $0
2015 $3,827 $356,698 $0 $0
2014 $3,638 $334,257 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Elaine Zimmerman

    Coldwell Banker Schmitt Real Estate Co.

    Section Image

  • D

    Buyer's Agent in 2019

    Derrick Johnson

    Exit Realty Florida Keys MTH

  • R

    Seller's Agent in 2016

    Robin Kluck

    Coldwell Banker Schmitt Real Estate Co.

  • A

    Buyer's Agent in 2016

    Angela Day

    Coco Plum Real Estate

  • G

    Buyer's Agent in 2012

    Gidget Jackson

    Coldwell Banker Schmitt Real Estate Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583243

Florida Keys Board of REALTORS®

APN: 00074910-000000

Florida Monroe County Key Largo 33037

341 8th St, Key Largo, FL

This home is located at 341 8th St, Key Largo, FL 33037 since 13 December 2018 and is currently estimated at $858,035, approximately $953 per square foot. This property was built in 1970. 341 8th St is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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.

Florida Keys Board of REALTORS® 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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