NOT LISTED FOR SALE

371 8th St Key Colony Beach, FL 33051

Estimated Value: $1,702,000 - $2,258,000

3 Beds
4 Baths
2,305 Sq Ft
$819/Sq Ft Est. Value

Last Sold February 27, 2023

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

Est. 16% increase in value since last sale

Current estimated payment $11,668/month

About This Home

As of February 2023

Statistical Sale

Last Listed By

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 02/27/2023

Ocean Sotheby's International

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,454

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 Seawall: Concrete
  • Fee Includes: None
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • 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: Beach, Bike Paths, Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 8084.00
  • Title: Title Ins - Buyer
  • Year Built: 2015
  • Alternate Key Number: 9105069
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4125.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2305.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets, Window Treatments, Walk-in Closet(s), Storage, Pantry
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Freezer, Microwave, Range, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00074920-000100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Feb 27, 2023
Sold by
Ocho Calle
Bought by
Doane Timothy J and Doane Janine M
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Karen Raspe
Island Breeze Realty, LLC
List Price
$1,625,000
Sold Price
$1,625,000
Total Days on Market
0
Current Estimated Value
$1,887,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,210
Avg. Annual Appreciation
7.04%
Original Mortgage
$430,700
Outstanding Balance
$417,974
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$1,469,236

Range of Values:

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Average Value
Not Available
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
Doane Timothy J $1,625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doane Timothy J $430,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $1,625,000 0.0% $705 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/27/2023 02/27/23 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 $14,454 $1,353,466 $495,722 $857,744
2023 $14,454 $1,447,967 $495,722 $952,245
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

    226 Total Sales

    Karen Raspe, PA
    Section Image

  • K

    Buyer's Agent in 2023

    Karen Raspe

    Island Breeze Realty, LLC

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 604352

APN: 00074920-000100

Florida Monroe County Key Colony Beach 33051

371 8th St, Key Colony Beach, FL

Homes for Sale in Key Colony Beach, FL

This home is located at 371 8th St, Key Colony Beach, FL 33051 since 27 February 2023 and is currently estimated at $1,887,210, approximately $818 per square foot. This property was built in 2015. 371 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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