341 8th St Key Largo, FL 33037
2
Beds
2
Baths
900
Sq Ft
4,125
Sq Ft Lot
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 2019INVESTMENT 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
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
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
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
Similar Home in Key Largo, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $515,000 | Blue Marlin Title Corp | |
| Warranty Deed | $467,500 | Biue Marllin Title Corporati | |
| Warranty Deed | $300,000 | Attorney | |
| Warranty Deed | $149,300 | -- | |
| Warranty Deed | $117,500 | -- | |
| Warranty Deed | $92,500 | -- | |
| Deed | $6,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $463,500 | No Value Available | |
| Closed | $463,500 | New Conventional | |
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $75,000 | Balloon | |
| Previous Owner | $155,000 | New Conventional |
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
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.
-
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.
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 583243
APN: 00074910-000000
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