$1,125,000
SOLD NOV 26, 2024

53 Coral Ln Key Colony Beach, FL 33051

3 Beds
3 Baths
1,428 Sq Ft
1,870 Sq Ft Lot

Recently Sold

$788 Per Sq Ft

6% Below List Price

84 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Balcony
  • Coral Shores High School Rated A
  • Workshop
  • 1-minute walk to Curry Hammock State Park

About This Home

As of November 2024

Discover coastal living at its finest in this stunning half duplex located in Key Colony Beach. This beautifully upgraded property features three spacious bedrooms and three modern bathrooms. Enjoy the convenience of being just a short walk from popular local spots like Sparky's and the Island Fish Company.Key upgrades include:- Brand new floors throughout- Freshly painted interiors- Completely renovated bathrooms- Modern kitchen with new granite countertops-COMING SOON Brand new seawall and dock. -Accordion shutters-new electrical mastSituated on the blue waters of KCB, this home offers picturesque views and the perfect blend of luxury and comfort. Whether you're seeking a permanent residence or a vacation getaway, this property is a must-see! Call your broker today. Additional key features include: Dock/Seawall is in the permitting process. Seller will be responsible for the completion of project.

Last Agent to Sell the Property

Matthew Sullivan

Walker Reid Realty License #3245769 Listed on: 07/03/2024

Last Buyer's Agent

Lela Ashkarian

Coldwell Banker Schmitt Real Estate Co. License #622790

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,617

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 1,870 Sq Ft Lot
  • Home fronts a canal

Parking

  • Carport

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • Ceiling Fan
  • Workshop
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Balcony

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00079050-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Point Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,617

Year Built

Built in 2005 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock Length: 25
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5616.64
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking
  • Year Built: 2005
  • Alternate Key Number: 9104987
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1870.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1428.00
  • G F Interior Features: LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Vinyl
  • Specialty Rooms: Workshop
  • Total Bedrooms: 3

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00079050-000100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Miskulin Nathan P
Bought by
53 Blue Water Dreams Llc

Purchase Details

Listed on
Jul 3, 2024
Closed on
Nov 25, 2024
Sold by
Humbes Hideout 53 Llc
Bought by
Miskulin Nathan P
Seller's Agent
Matthew Sullivan
Walker Reid Realty
Buyer's Agent
Lela Ashkarian
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,199,000
Sold Price
$1,125,000
Premium/Discount to List
-$74,000
-6.17%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.03%
Original Mortgage
$843,750
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2023
Closed on
Apr 10, 2024
Sold by
Shumaker Billie Jean
Bought by
Humbes Hideout 53 Llc
Seller's Agent
Lela Ashkarian
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Creative Technology
List Price
$1,025,000
Sold Price
$900,000
Premium/Discount to List
-$125,000
-12.2%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.50%
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,125,000 None Listed On Document
Warranty Deed $1,125,000 None Listed On Document
Warranty Deed $800,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $843,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $1,125,000 -6.2% $788 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $1,199,000 +33.2% $840 / Sq Ft
04/10/2024 04/10/24 Sold $900,000 -9.5% $630 / Sq Ft
01/31/2024 01/31/24 Price Changed $995,000 -2.9% $697 / Sq Ft
12/21/2023 12/21/23 For Sale $1,025,000 -- $718 / 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 $5,617 $589,124 -- --
2023 $5,617 $571,966 $334,244 $237,722
2022 $4,318 $452,432 $212,058 $240,374
Source: Public Records

Agents Affiliated with this Home

  • Lela Ashkarian

    Seller's Agent in 2024

    Lela Ashkarian

    Coldwell Banker Schmitt Real Estate Co.

    (305) 743-5181

    266 Total Sales

    Lela Ashkarian
    Section Image

  • M

    Seller's Agent in 2024

    Matthew Sullivan

    Walker Reid Realty

    Section Image

  • o

    Buyer's Agent in 2024

    outside of mls

    Outside Of MLS

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 610653

APN: 00079050-000100

Florida Monroe County Key Colony Beach 33050

53 Coral Ln, Key Colony Beach, FL

This home is located at 53 Coral Ln, Key Colony Beach, FL 33051 and is currently priced at $1,125,000, approximately $787 per square foot. This property was built in 2005. 53 Coral Ln 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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