$1,695,000
SOLD MAR 28, 2025

521 11th St Key Colony, FL 33051

2 Beds
3 Baths
1,247 Sq Ft
8,250 Sq Ft Lot

Recently Sold

$1,359 Per Sq Ft

6% Below List Price

36 Days on Market

Highlights

  • Airstrip
  • Beach
  • Concrete Pool
  • Coral Shores High School Rated A
  • Boat Lift
  • Home fronts a canal

About This Home

As of March 2025

Coastal charm meets modern updates in this two-bedroom, two-bath stilted home--a fantastic opportunity for single-family living in highly desirable Key Colony Beach. Boaters will love the location, with a new 75-foot seawall and a 15,000-pound boat lift, offering quick, 3-4 minute access to either the Atlantic or the Gulf of Mexico via Vaca Cut. Recent improvements over the past few years include a custom-designed concrete pool, a 2020 metal roof, and a full exterior repaint from top to bottom, adding to the home's fresh, updated feel.Inside, the home is designed to take advantage of its waterfront setting, with water views from the living, dining, and kitchen areas. The spacious bedrooms offer plenty of room to relax--the guest bedroom easily accommodates two queen beds with extra space, while the primary suite features a king-sized bed and ample room for additional furnishings. A standout feature is the 43-foot terrace spanning the entire back of the home, where you can take in peaceful water and pool views. The finished lower level adds an additional 363 square feet, featuring a permitted full bath, providing flexible space for storage, a recreation area, or other uses. Low assumable flood insurance is an added bonus, and there's an opportunity to purchase shares to exclusive Inch Beach, offering access to one of the most coveted private beaches (ask for details). Fully furnished with relaxed coastal decor, this inviting retreat is ready to enjoy.

Last Agent to Sell the Property

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758 Listed on: 02/07/2025

Berkshire Hathaway HomeServices Keys Real Estate

Last Buyer's Agent

Claire Johnson

Coastal Realty of the Florida Keys License #3046906

Coastal Realty of the Florida Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,325

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 8,250 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-1A - Key Colony Single Family

Home Design

  • Metal Roof

Interior Spaces

  • 1,247 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Double Hung Windows
  • Sliding Doors
  • Workshop
  • Utility Room
  • Dryer
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Home Security

  • Monitored
  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Airstrip
  • Boat Lift
  • Balcony
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00077170-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 2Nd Addn Subdivision

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,325

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock Length: 75
  • Dockage Seawall: Other
  • 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: Beach, Bike Paths, Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 11324.87
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, Off Street Parking
  • Year Built: 1977
  • Alternate Key Number: 1082902
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8250.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1247.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Window Treatments, Quartz Countertops
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher
  • Floor: Tile
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Double Hung Windows, Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None
  • Sq Ft Remarks: Additional 363 SF lower level finished, with legal permitted full bath

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00077170-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Mar 28, 2025
Sold by
Rodriguez Khristian and Rodriguez Marisela
Bought by
Taylor Terry Gregory and Taylor Margaret Lee
Seller's Agent
Tracy Chacksfield
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Claire Johnson
Coastal Realty of the Florida Keys
List Price
$1,795,000
Sold Price
$1,695,000
Premium/Discount to List
-$100,000
-5.57%
Views
12
Current Estimated Value
$1,673,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,699
Avg. Annual Appreciation
-2.65%

Purchase Details

Closed on
Aug 14, 2020
Sold by
Donald Hilke
Bought by
Rodriguez Khristian and Rodriguez Marisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2011
Sold by
Hilke Linda
Bought by
Hilke Donald

Purchase Details

Closed on
Mar 11, 2005
Sold by
Hansen George and Hansen Elfine H
Bought by
Hilke Donald and Hilke Linda

Purchase Details

Closed on
Jan 23, 2002
Sold by
George Hansen M and George Elfine H
Bought by
Hansen George and Hansen Elfine H

Purchase Details

Closed on
Jul 1, 1979
Bought by
Hilke Donald
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 Type Sale Price Title Company
Warranty Deed $1,695,000 None Listed On Document
Warranty Deed $1,695,000 None Listed On Document
Warranty Deed $7,982,857 Wolfe Stevens Pllc
Interfamily Deed Transfer -- Attorney
Warranty Deed $930,000 --
Quit Claim Deed -- --
Deed $147,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $552,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,695,000 -5.6% $1,359 / Sq Ft
03/15/2025 03/15/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $1,795,000 -- $1,439 / 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 $11,177 $1,375,783 $862,125 $513,658
2023 $11,177 $1,373,252 $862,125 $511,127
2022 $8,424 $926,150 $643,500 $282,650
2021 $7,614 $714,078 $462,000 $252,078
2020 $7,276 $705,347 $429,000 $276,347
2019 $7,067 $683,247 $424,875 $258,372
2018 $6,996 $776,481 $505,313 $271,168
2017 $6,000 $629,167 $0 $0
2016 $5,635 $548,170 $0 $0
2015 $5,833 $567,168 $0 $0
2014 $5,491 $519,451 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613578

APN: 00077170-000000