NOT LISTED FOR SALE

361 8th St Key Colony Beach, FL 33051

Estimated Value: $1,650,000 - $2,062,000

3 Beds
4 Baths
2,305 Sq Ft
$783/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $1,625,000 $705 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,778/month

34 Days on Market

Highlights

  • Airstrip
  • Beach
  • Concrete Pool
  • Coral Shores High School Rated A
  • Newly Remodeled
  • Home fronts a canal

About This Home

As of March 2023

Stunning Two-Story Half-Duplex! Idyllically located in Key Colony Beach, this 3 Bedroom/4 Bath property offers everything you could ever wish for in your Island Home and so much more! Built by Ryder Construction, a name known for exacting standards, and delivered in 2015, this home is virtually new. Impressively designed, the interior is fashioned with neutral tile flooring throughout, numerous large windows allowing for abundant natural light, 10' ceiling height, a naturally flowing layout, soothing paint colors, top floor living room and sizeable bedrooms & baths. Light and bright kitchen features granite countertops, subway tile backsplash, white cabinets and breakfast bar. Enjoy alfresco dining on the terrace overlooking the sparkling pool and 100' wide canal. After enjoying your catch of the day, gather for evening games in the lower-level family room while reminiscing about your day on the water. Retire to a restful slumber in the top floor primary bedroom, which has ample closet space and ensuite with oversized walk-in shower and dual sinks. One additional bedroom and bathroom complete the second floor. Perfect for multigenerational living, an additional bedroom and bathroom on the lower-level is easily accessed by an internal staircase. Other features: built in dining nook, cabana bathroom, outdoor kitchen, laundry room, carport, 37.5 stepdown composite dock, large storage closet, terrace off second floor bedrooms. Key Colony Beach offers a par 3, nine-hole golf course, public tennis and pickleball courts, Sunset Park, playground, dog park, several restaurants, clothing boutique and charter fishing center/marina. This Island Home is a must see! RENTALS IN PLACE MUST BE HONORED

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 10/02/2022

Ocean Sotheby's International

Last Buyer's Agent

Shannon Butler

Singh Real Estate Co

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,445

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

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

Home Design

  • Half Duplex
  • Metal Roof

Interior Spaces

  • 2,305 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Seawall
  • Dock made with Composite Material
  • Balcony
  • Outdoor Kitchen

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00074920-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,445

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Composite
  • Dockage Dock Length: 37
  • Dockage Seawall: Concrete
  • 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: Tennis Courts, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7444.79
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Covered Parking
  • Year Built: 2015
  • Alternate Key Number: 1080373
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 4125.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2305.00
  • Pre Wired: Cable
  • Property Condition: New Construction, Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Entrance Foyer, Granite Counter Top, Window Treatments, Walk-in Closet(s), Storage
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Outdoor Kitchen
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00074920-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Feb 27, 2023
Sold by
Ocho Calle
Bought by
Rabidoux Justin Clark and Rabidoux Jodi Ann
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Shannon Butler
Singh Real Estate Co
List Price
$1,625,000
Sold Price
$1,625,000
Views
24
Current Estimated Value
$1,805,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,756
Avg. Annual Appreciation
4.17%
Original Mortgage
$1,272,500
Outstanding Balance
$1,233,983
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$571,773

Purchase Details

Closed on
Jan 15, 2014
Sold by
Feldmann Natalie
Bought by
Calle Ocho Key Colony Llc

Purchase Details

Closed on
Oct 20, 2010
Bought by
Calle Ocho Key Colony Llc

Purchase Details

Closed on
Feb 1, 1974
Bought by
Calle Ocho Key Colony Llc
Source: Public Records

Range of Values:

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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
Rabidoux Justin Clark $1,625,000 --
Calle Ocho Key Colony Llc $392,000 Attorney
Calle Ocho Key Colony Llc -- --
Calle Ocho Key Colony Llc $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabidoux Justin Clark $1,272,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $1,625,000 0.0% $705 / Sq Ft
10/02/2022 10/02/22 For Sale $1,625,000 -- $705 / Sq Ft
Source: Marathon and Lower Keys Association 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 $14,448 $1,352,890 $495,722 $857,168
2023 $14,448 $1,447,377 $495,722 $951,655
2022 $16,168 $1,705,770 $643,500 $1,062,270
2021 $14,890 $1,394,264 $462,000 $932,264
2020 $13,254 $1,276,186 $332,063 $944,123
2019 $14,214 $1,374,884 $327,938 $1,046,946
2018 $13,728 $1,380,155 $327,938 $1,052,217
2017 $13,151 $1,410,183 $0 $0
2016 $12,239 $1,198,699 $0 $0
2015 $3,375 $350,299 $0 $0
2014 $1,778 $230,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Raspe, PA

    Seller's Agent in 2023

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    151 in this area

    217 Total Sales

    Karen Raspe, PA
    Section Image

  • S

    Buyer's Agent in 2023

    Shannon Butler

    Singh Real Estate Co

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 602671

APN: 00074920-000000

Florida Monroe County Key Colony Beach 33051

361 8th St, Key Colony Beach, FL

This home is located at 361 8th St, Key Colony Beach, FL 33051 since 02 October 2022 and is currently estimated at $1,805,756, approximately $783 per square foot. This property was built in 2015. 361 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.

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