NOT LISTED FOR SALE

Estimated Value: $1,295,770 - $1,524,000

2 Beds
2 Baths
1,636 Sq Ft
$870/Sq Ft Est. Value

Sale Details

Date Sold: January 11, 2024

Last sale price $1,325,000 $810 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,935 / mo

7 Days on Market

Highlights

  • Airstrip
  • Beach
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Dock made with concrete
  • RV Parking in Community

About This Home

As of January 2024

Charming single-family home on desirable 12th Street in Key Colony Beach offers the potential for your ideal coastal oasis. This home boasts water views from the living, dining, kitchen and family room, allowing you to watch boats go by in serene surroundings. With 2 spacious bedrooms, 2 baths and a prime location, it's ready for your personal touch. The 75 feet of dockage with quick accessibility to Vaca Cut ensures that boaters and anglers can easily traverse the Atlantic and Gulf, making it a haven for water sports and fishing. The Key Colony Beach community is known for its serene atmosphere, friendly residents and proximity to local amenities. You can easily walk or bike to restuarants, parks, pickle ball matches, shopping, post office or marina. Whether you're considering this property as a full-time residence, vacation home or investment property, you'll find yourself surounded by multi-million dollar homes. Seize this opportunity to make this property your own and embrace the Florida Keys lifestyle. This home presents an outstanding opportunity at an exceptional price. Your dream home in paradise awaits.

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International Realty License #3226605 Listed on: 11/08/2023

Ocean Sotheby's International Realty

Co-Listed By

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758

Last Buyer's Agent

Karen Raspe

Island Breeze Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,879

Year Built

  • Built in 1971

Lot Details

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

Home Design

  • Metal Roof

Interior Spaces

  • 1,636 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Utility Room
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Dock made with concrete
  • Screened Patio

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00077490-000000

Community Details

Overview

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

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,879

Year Built

Built in 1971

Lot Details

8,250 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • 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, Airstrip, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4879.44
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, RV Parking Open, Off Street Parking
  • Year Built: 1971
  • Alternate Key Number: 1083224
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8250.00
  • Porch Balcony: Patio, Screened Patio
  • Shutters: Bahama
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1636.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00077490-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Jan 11, 2024
Sold by
Degraw Marie T
Bought by
Diehl Living Trust and Diehl
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International Relaty
Buyer's Agent
Karen Raspe
Island Breeze Realty, LLC
List Price
$1,499,000
Sold Price
$1,325,000
Premium/Discount to List
-$174,000
-11.61%
Views
11
Current Estimated Value
$1,423,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,693
Avg. Annual Appreciation
3.17%

Purchase Details

Closed on
Mar 10, 2003
Sold by
Yolton Guy L
Bought by
Degraw Seneca L and Degraw Marie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 1987
Bought by
Degraw Seneca L and Degraw Marie T

Purchase Details

Closed on
May 1, 1981
Bought by
Degraw Seneca L and Degraw Marie T

Purchase Details

Closed on
Feb 1, 1970
Bought by
Degraw Seneca L and Degraw Marie T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diehl Living Trust $1,325,000 None Listed On Document
Degraw Seneca L $525,000 --
Degraw Seneca L $171,500 --
Degraw Seneca L $135,000 --
Degraw Seneca L $7,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Degraw Seneca L $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Sold $1,325,000 -11.6% $810 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $1,499,000 -- $916 / 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
2025 $5,271 $1,200,527 $907,500 $293,027
2024 $5,083 $537,120 -- --
2023 $5,083 $521,476 $0 $0
2022 $4,935 $506,288 $0 $0
2021 $4,968 $491,542 $0 $0
2020 $4,745 $484,756 $0 $0
2019 $4,640 $473,858 $0 $0
2018 $4,390 $465,023 $0 $0
2017 $4,207 $455,459 $0 $0
2016 $4,284 $446,092 $0 $0
2015 $4,279 $442,991 $0 $0
2014 $4,351 $439,475 $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: 607364

APN: 00077490-000000

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