$760,000
SOLD FEB 18, 2025

390 4th St Key Colony Beach, FL 33051

2 Beds
2 Baths
960 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$792 Per Sq Ft

2% Below List Price

58 Days on Market

About This Home

As of February 2025

Here's the revised version with the additional details included:Welcome to 390 4th St, an elegant coastal retreat in the heart of Key Colony Beach, FL. This fully renovated 2-bedroom, 2-bathroom cottage offers the perfect blend of modern upgrades and island charm--and it's wonderfully low maintenance!Step inside to discover a newly completed (2023) kitchen featuring Pompeii quartz countertops, custom cabinetry, a stylish designer backsplash, and a brand-new range. The bathrooms were tastefully updated in 2022, and the home features three Mitsubishi mini-split systems installed in 2021 for efficient room-by-room climate control.Outdoor living is a dream with two sliders opening to separate patios--one covered for shaded relaxation. The dock is equipped with Davit pads, a fish cleaning table, and a swim ladder, making it a haven for water enthusiasts. The property boasts a privacy fence, new accordion shutters (2021), a storage room, PVC sewer lines, a new roof, custom pavers, and ample parking for all your toys.This home offers exceptional value with low wind insurance and low flood insurance costs. The flood insurance policy, grandfathered at $3,200 per year, is assignable to the buyer.Ideal for anglers, divers, and boaters, this home is just 5 minutes from open ocean access. Situated on picturesque Key Colony Beach, you can walk or bike to nearby restaurants, a marina, pickleball courts, golf, tennis, the post office, and the iconic Sunset Park.Whether you're looking for a winter escape, vacation rental, or a full-time residence, this refined gem embodies the laid-back yet elegant lifestyle of the Florida Keys. Don't miss this opportunity to make it yours!

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Tierce Scheel

Coldwell Banker Schmitt Real Estate Co. License #SL3504409

Coldwell Banker Schmitt Real Estate Co.

Map

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,219

Year Built

1970

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: Concrete
  • Dockage Dock Length: 30
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4218.97
  • Vehicle Storage: Off Street Parking, Trailer Storage
  • Vehicle Storage Cars: 4+
  • Year Built: 1970
  • Alternate Key Number: 1077038
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 3300.00
  • Porch Balcony: Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 960.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Pantry, Dade County Pine, Quartz Countertops, Tray Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davit Pads
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Shed
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-6
  • Parcel Number: 00072960-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $760,000 -2.4% $792 / Sq Ft
11/26/2024 11/26/24 For Sale $779,000 -- $811 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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 $4,219 $439,499 -- --
2023 $4,219 $426,699 $0 $0
2022 $4,061 $414,271 $0 $0
2021 $4,080 $402,205 $228,888 $173,317
2020 $4,142 $380,507 $218,790 $161,717
2019 $4,288 $395,568 $218,790 $176,778
2018 $3,872 $367,759 $213,287 $154,472
2017 $3,698 $378,025 $0 $0
2016 $3,598 $362,171 $0 $0
2015 $3,216 $300,372 $0 $0
2014 $3,072 $284,445 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $279,000 Balloon
Previous Owner $210,000 Unknown
Previous Owner $207,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $760,000 None Listed On Document
Warranty Deed $760,000 None Listed On Document
Warranty Deed $310,000 Attorney
Warranty Deed $300,000 --
Warranty Deed $300,000 --
Personal Reps Deed -- --
Quit Claim Deed -- --
Warranty Deed $132,500 --
Warranty Deed $230,000 --
Warranty Deed $230,000 --
Deed $42,900 --
Source: Public Records

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 612419

APN: 00072960-000000