NOT LISTED FOR SALE

511 5th St Key Colony Beach, FL 33051

Estimated Value: $966,534 - $1,073,000

2 Beds
2.5 Baths
1,252 Sq Ft
$813/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $512,000 $409 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,303/month

259 Days on Market

Highlights

  • Beach
  • Dock made with concrete
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Spa
  • Cathedral Ceiling

About This Home

As of August 2017

REDUCED To SELL! Perfect weekend getaway, vacation rental or retirement hm is here! See the canal from wide open kitchen, dining & living room. Master Suite has private balcony overlooking canal too & walk-in closet. Great location w/quick access to open ocean & gulf in Key Colony Bch where you can walk & bike to 4 restaurants, golf, tennis, pickle ball, Sunset Pk, playground, marina & post office

Last Agent to Sell the Property

Karen Raspe

Island Breeze Realty, LLC Listed on: 10/10/2016

Last Buyer's Agent

Wanda Brock

Coldwell Banker Schmitt Real Estate Co. License #3085878

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 1990

Lot Details

  • 3,300 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,252 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Dock made with concrete
  • Balcony
  • Patio
  • Outdoor Storage

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 00073830-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,772

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 30
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3771.86
  • Vehicle Storage: Attached, Off Street Parking, Open Parking, Guest Parking, Garage
  • Year Built: 1990
  • Alternate Key Number: 1077933
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 3300.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1252.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Walk-in Closet(s), Storage, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Oven, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Hot Tub, Storage
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00073830-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
Aug 21, 2017
Sold by
Somoano Luis Mario and Somoano Liliana
Bought by
Gonzalez Luis M and Gonzalez Niurea G
Seller's Agent
Karen Raspe
Island Breeze Realty, LLC
Buyer's Agent
Wanda Brock
Coldwell Banker Schmitt Real Estate Co.
List Price
$555,000
Sold Price
$512,000
Premium/Discount to List
-$43,000
-7.75%
Current Estimated Value
$1,051,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,703
Avg. Annual Appreciation
9.01%
Original Mortgage
$307,200
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2015
Sold by
Muniz Eduardo R and Ruiz Martha
Bought by
Somoano Luis Mario and Somoano Liliana

Purchase Details

Closed on
Jan 30, 2006
Sold by
Salavarria Jose and Salavarria Ana
Bought by
Muniz Eduardo R and Ruiz Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 18, 2005
Sold by
Hemminger Michael J
Bought by
Salavarria Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1996
Sold by
Cacciutti John G and Cacciutti Theresa M
Bought by
Hemminger M J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1987
Bought by
Somoano Luis Mario and Somoano Liliana

Purchase Details

Closed on
Aug 1, 1981
Bought by
Somoano Luis Mario and Somoano Liliana
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
Gonzalez Luis M $512,000 Attorney
Somoano Luis Mario $380,000 Attorney
Muniz Eduardo R $790,000 None Available
Salavarria Jose $650,000 --
Hemminger M J $165,000 --
Somoano Luis Mario $44,000 --
Somoano Luis Mario $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Luis M $282,834
Closed Gonzalez Luis M $307,200
Previous Owner Muniz Eduardo R $150,000
Previous Owner Muniz Eduardo R $632,000
Previous Owner Salavarria Jose $520,000
Previous Owner Hemminger M J $100,000
Previous Owner Hemminger M J $132,000
Closed Salavarria Jose $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $512,000 -7.7% $409 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
10/10/2016 10/10/16 For Sale $555,000 -- $443 / Sq Ft
Source: Florida Keys Board 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 $6,871 $874,903 $534,600 $340,303
2023 $6,871 $857,386 $501,534 $355,852
2022 $5,719 $597,205 $323,136 $274,069
2021 $5,223 $491,794 $228,888 $262,906
2020 $4,562 $424,026 $218,790 $205,236
2019 $4,775 $446,023 $218,790 $227,233
2018 $4,574 $443,335 $213,287 $230,048
2017 $4,320 $427,163 $0 $0
2016 $4,408 $412,102 $0 $0
2015 $3,772 $349,594 $0 $0
2014 $3,770 $339,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Karen Raspe

    Island Breeze Realty, LLC

  • Wanda Brock

    Buyer's Agent in 2017

    Wanda Brock

    Coldwell Banker Schmitt Real Estate Co.

    (305) 304-8862

    116 Total Sales

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 572302

Florida Keys Board of REALTORS®

APN: 00073830-000000

Florida Monroe County Key Colony Beach 33050

511 5th St, Key Colony Beach, FL

This home is located at 511 5th St, Key Colony Beach, FL 33051 since 10 October 2016 and is currently estimated at $1,017,634, approximately $812 per square foot. This property was built in 1990. 511 5th 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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