NOT LISTED FOR SALE

Estimated Value: $770,020 - $925,000

2 Beds
2 Baths
960 Sq Ft
$901/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $535,000 $557 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,088/month

1 Day on Market

Highlights

  • Beach
  • Dock made with wood
  • RV Parking in Community
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • Home fronts a canal

About This Home

As of August 2020

This home is located at 511 8th St, Key Colony Beach, FL 33051 since 22 July 2019 and is currently estimated at $864,755, approximately $900 per square foot. This property was built in 1979. 511 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.

Last Agent to Sell the Property

Anna Schutt

Coldwell Banker Schmitt Real Estate Co. License #438780 Listed on: 07/22/2019

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,643

Year Built

  • Built in 1979 | Remodeled

Lot Details

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

Home Design

  • Half Duplex
  • Metal Roof

Interior Spaces

  • 960 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Storage
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Dock made with wood
  • Patio

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00074990-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,643

Year Built

Built in 1979 | 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: 6
  • Dockage Dock: Wood
  • Dockage Dock Length: 38
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3642.52
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Trailer Storage, RV Parking Open
  • Year Built: 1979
  • Alternate Key Number: 1080454
  • Building Style Stilt Column Height: Short - 4Ft & Under
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 960.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Pantry, Storage, Smoke Alarms, Fire Sprinkler
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Oven, Microwave
  • Floor: Tile, Wood
  • Windows/Doors: Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00074990-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Aug 14, 2020
Sold by
Leland Mizelle H and Leland Wilbert R
Bought by
Valdes Richard
Seller's Agent
Anna Schutt
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Creative Technology
List Price
$547,000
Sold Price
$535,000
Premium/Discount to List
-$12,000
-2.19%
Current Estimated Value
$864,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,755
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Sep 1, 1979
Bought by
Eden Gary A
Source: Public Records

Range of Values:

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Average Value
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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
Valdes Richard $535,000 Law Offices Of Thomas D Wright
Eden Gary A $72,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $535,000 -2.2% $557 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $547,000 +28.7% $570 / Sq Ft
08/01/2017 08/01/17 Sold $425,000 -10.5% $443 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
11/28/2016 11/28/16 For Sale $475,000 -- $495 / 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 $6,036 $684,559 $478,500 $206,059
2023 $6,036 $669,861 $474,375 $195,486
2022 $5,413 $581,574 $379,500 $202,074
2021 $4,867 $439,190 $260,906 $178,284
2020 $4,027 $368,513 $247,500 $121,013
2019 $3,643 $370,101 $247,500 $122,601
2018 $3,487 $367,167 $247,500 $119,667
2017 $3,703 $369,036 $0 $0
2016 $3,662 $371,018 $0 $0
2015 $3,245 $300,205 $0 $0
2014 $3,096 $283,058 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591948

Florida Keys Board of REALTORS®

APN: 00074990-000100