NOT LISTED FOR SALE

Estimated Value: $1,697,000 - $2,257,000

3 Beds
4 Baths
2,305 Sq Ft
$822/Sq Ft Est. Value

Last Sold March 01, 2023

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

Est. 17% increase in value since last sale

Current estimated payment $11,706/month

34 Days on Market

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 Listed By

Karen Raspe, PA

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

Ocean Sotheby's International

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,448

Year Built

2015

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: MultiFamily

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
Total Days on Market
34
Views
24
Current Estimated Value
$1,894,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,298
Avg. Annual Appreciation
7.25%
Original Mortgage
$1,272,500
Outstanding Balance
$1,239,640
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$654,658

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in the area

  • 461 8th St, Key Colony Beach, FL 33051

    $1,799,900

    • 4 Beds
    • 3 Baths
    • 1,974 Sq Ft
    • 461 8th St
    • Key Colony Beach, FL

    Completely remodeled waterfront half-duplex in desirable Key Colony Beach! This 4 bed, 3 bath stilted home offers nearly 2,000 sq ft of beautifully updated living space with high-end finishes throughout. Vaulted ceilings and an open-concept layout create a bright, airy ambiance perfect for Keys living. The gourmet kitchen flows seamlessly into spacious living and dining areas--ideal for

    Maria Acosta Keller Williams Capital Realty

    Section Image
  • 261 & 271 9th St, Key Colony, FL 33051

    $1,735,000

    • 4 Beds
    • 4 Baths
    • 2,040 Sq Ft
    • 261 & 271 9th St
    • Key Colony, FL

    FULL DUPLEX now Available! Nicely updated and lovingly maintained by this family for over 40 years... Live in one & Rent the other! Or just enjoy the room & privacy, for all of your family and friends. Come, share the wonderful Island Life here on 9th Street in the fabulous Florida Keys! This 100 ft wide canal gives you access to both the open ocean and open gulf with a brief (5 min) boat/jets

    Karen Raspe, PA Ocean Sotheby's International

    Section Image
  • 540 9th St, Key Colony Beach, FL 33051

    $1,750,000

    • 4 Beds
    • 3 Baths
    • 2,293 Sq Ft
    • 540 9th St
    • Key Colony Beach, FL

    Welcome to your coastal haven in Key Colony Beach--a paradise for those seeking a beautiful home and a relaxed lifestyle. This gem of a property with eastern exposure is offered fully furnished. Featuring 2-zone AC, marble pavers, and elegant finishes like Granite, quartz, and marble countertops. Boasting 9-foot ceilings, crown molding, a garage, concrete seawall, and a step-down dock for a

    Steve Smith Ocean Sotheby's International

    Section Image
  • 230 Sadowski Causeway, Key Col Beach, FL 33051

    $1,595,000

    • 3 Beds
    • 3 Baths
    • 1,647 Sq Ft
    • 230 Sadowski Causeway
    • Key Col Beach, FL

    Embrace the Florida Keys lifestyle with this modern half duplex, built in 2023 and featuring 3 bedrooms and 3 baths, all designed with elegance and comfort in mind. There's nothing better than a new property and this one does not disappoint. Beautiful white kitchen with Quartz countertops, tile flooring throughout and soaring 9 foot ceilings. 2-car garage to store all your boating gear. Picture

    Amy Puto Coldwell Banker Schmitt Real Estate Co.

    Section Image
  • 232 Sadowski Causeway, Key Colony Beach, FL 33051

    $1,595,000

    • 3 Beds
    • 3 Baths
    • 1,647 Sq Ft
    • 232 Sadowski Causeway
    • Key Colony Beach, FL

    Imagine waking up every day in your dream waterfront home, where modern elegance meets coastal charm. This newly built property, completed in 2023, offers not just a home, but a lifestyle. With a generously sized primary suite, 2 comfortable guest rooms and 3 luxurious baths, this residence is designed for comfort and sophistication. The impressive 9-foot ceilings amplify the natural light,

    Amy Puto Coldwell Banker Schmitt Real Estate Co.

    Section Image
  • 242 Sadowski Causeway, Key Largo, FL 33037

    $1,995,000

    • 4 Beds
    • 3 Baths
    • 2,329 Sq Ft
    • 242 Sadowski Causeway
    • Key Largo, FL

    Say hello to 242 Sadowski! Imagine waking up every morning in your own Florida Keys waterfront home, where you can head out for a fun day of fishing whenever your heart desires. This beautifully designed property, built in 2014, boasts 4 spacious bedrooms and 3 modern baths, providing ample room for family gatherings or hosting friends. There is over 2300 SF of living space and a nice open floor

    Amy Puto Coldwell Banker Schmitt Real Estate Co.

    Section Image
  • 240 Sadowski Causeway, Key Colony Beach, FL 33051

    $1,995,000

    • 4 Beds
    • 3 Baths
    • 2,329 Sq Ft
    • 240 Sadowski Causeway
    • Key Colony Beach, FL

    Welcome to 240 Sadowski! This exceptional two-story half duplex is designed for those who appreciate both luxury and comfort. Built in 2014, with 4 spacious bedrooms and 3 bathrooms, this residence offers ample space for families and guests alike. There is over 2300 SF of living space and a nice open floor plan with tray ceilings in the living and dining area. Sliding glass doors run across the

    Amy Puto Coldwell Banker Schmitt Real Estate Co.

    Section Image
  • 241 & 251 5th St, Key Colony, FL 33051

    $1,890,000

    • 7 Beds
    • 6 Baths
    • 4,030 Sq Ft
    • 241 & 251 5th St
    • Key Colony, FL

    Experience the ultimate in Florida Keys living with this coveted side-by-side duplex in the desirable Key Colony Beach community. Boasting seven spacious bedrooms and six baths, this property offers plenty of room for large families or groups and has excellent rental income potential. You can live on one side and rent the other, use both sides for extended family and friends, or rent both for

    Frank Griffiths Ocean Sotheby's International

    Section Image

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

  • Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 602671

APN: 00074920-000000