NOT LISTED FOR SALE

541 11th St Key Colony, FL 33051

Estimated Value: $1,888,000 - $2,097,000

3 Beds
3 Baths
1,959 Sq Ft
$1,006/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2024

Last sale price $2,050,000 $1,046 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $11,412 / mo

142 Days on Market

Highlights

  • Beach
  • Dock made with concrete
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Concrete Pool
  • Marble Flooring

About This Home

As of September 2024

Attractive SELELR FINANCING. 7 Day Vacation Rental Ready*TURN KEY, Fully Furnished CBS home built above flood with 75' ft off concrete dockage (recently repoured)with step down, shore power, pedestal with water, fish cleaning station, two 30amp outlets and one 110v outlet, on wide 100' canal. Located in desirable Key Colony Beach, close to Sunset Park with a short/easy boat ride to both Ocean and Gulf, via the Vaca Cut. Rarely found legal & conforming downstairs enclosure, currently insured. The large lot has the absentee owner in mind with sprinkler system and maintenance free vegitation. Gorgeous custom concrete pool, oversized 1.5car garage, this turn key, 3 bedroom and 3 full bath home is supreme real estate for those who desire an income property, 2nd home or primary residence. With the lot set up high and dry (seller states no water intrusion ever not even during Irma), the home complete with impact windows and doors (except for a few) throughout (plus storm shutters) your investment is well protected. Now is the time to make your offer and enjoy the island good life. Fly in to the Marathon executive airport and be indulging in coastal luxury in minutes. The extra large driveway offers ample parking (covered and uncovered) along with 30 amp RV hookup and dump station. Key Colony Beach is an attractive active community where you can walk or bike to multiple delicious dining options, beautiful Sunset Park, marina, 9 hole golf course, pickle ball courts and even boutique shopping. This home shows impeccably, is extremely well maintained and truly turn key. Make this home yours, move in and enjoy the Summer season or capture the prime Summer rental season. Open the door, unpack and enjoy. Everything is here for you. Make Your Offer Today and Make this Yours!

Last Agent to Sell the Property

Michelle Wininger

Coldwell Banker Schmitt Real Estate Co. License #3561065 Listed on: 03/31/2024

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Non Res Agent

Non Res Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,811

Year Built

  • Built in 1990 | Remodeled

Lot Details

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

Home Design

  • Tile Roof

Interior Spaces

  • 1,959 Sq Ft Home
  • Furnished
  • Sliding Doors
  • Canal Views
  • Dryer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Monitored
  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Garage
  • Carport

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Dock made with concrete
  • Screened Balcony
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00077180-000000

Community Details

Overview

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

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,811

Year Built

Built in 1990 | Remodeled

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
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 11810.63
  • Title: Negotiable
  • Vehicle Storage: Garage, Attached, Carport
  • Year Built: 1990
  • Alternate Key Number: 1082911
  • Cooling Heating: Central Air
  • Lot Sq Ft: 8250.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Screened P/B, Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1959.00
  • 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: Pantry, Walk-in Closet(s), Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher
  • Floor: Tile, Laminate, Marble, Wood
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tile Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00077180-000000
  • Lot Size: 75x110x75x110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished, Partially

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2024
Closed on
Sep 27, 2024
Sold by
Wilford Douglas R and Douglas R Wilford Revocable Trust
Bought by
Kcb House Llc
Seller's Agent
Michelle Wininger
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Non Res Agent
Non Res Member
List Price
$2,195,000
Sold Price
$2,050,000
Premium/Discount to List
-$145,000
-6.61%
Views
65
Current Estimated Value
$1,970,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,934
Avg. Annual Appreciation
-2.52%

Purchase Details

Closed on
Aug 5, 2009
Sold by
Mistor Jeffrey J and Mistor Susan M
Bought by
Wilford Douglas R and Douglas R Wilford Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 20, 2003
Sold by
Mistor Jeffrey J
Bought by
Mistor Jeffrey J and Mistor Susan M

Purchase Details

Closed on
Oct 7, 1998
Sold by
Mistor Leonard J and Mistor Darlene
Bought by
Mistor Leonard J and Mistor Darlene A

Purchase Details

Closed on
Jul 18, 1995
Sold by
Zardus Vincent J
Bought by
Mistor Leonard J and Mistor Darlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.64%

Purchase Details

Closed on
Jul 13, 1995
Sold by
Zardus William
Bought by
Mistor Leonard J and Mistor Darlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.64%

Purchase Details

Closed on
Jul 1, 1995
Bought by
Wilford Douglas R Rev Tr Agr 04/07/2003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.64%

Purchase Details

Closed on
Dec 1, 1986
Bought by
Wilford Douglas R Rev Tr Agr 04/07/2003

Purchase Details

Closed on
Feb 1, 1972
Bought by
Wilford Douglas R Rev Tr Agr 04/07/2003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kcb House Llc $2,050,000 None Listed On Document
Wilford Douglas R $800,000 Attorney
Mistor Jeffrey J -- --
Mistor Leonard J $100 --
Mistor Leonard J -- --
Mistor Leonard J $372,500 --
Wilford Douglas R Rev Tr Agr 04/07/2003 $372,500 --
Wilford Douglas R Rev Tr Agr 04/07/2003 $71,000 --
Wilford Douglas R Rev Tr Agr 04/07/2003 $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilford Douglas R $550,000
Previous Owner Mistor Leonard J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $2,050,000 -3.3% $1,046 / Sq Ft
07/01/2024 07/01/24 Price Changed $2,119,000 -1.2% $1,082 / Sq Ft
05/06/2024 05/06/24 Price Changed $2,145,000 -2.3% $1,095 / Sq Ft
03/31/2024 03/31/24 For Sale $2,195,000 -- $1,120 / 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 $12,455 $1,654,131 $907,500 $746,631
2024 $11,811 $1,455,319 $862,125 $593,194
2023 $11,811 $1,454,539 $862,125 $592,414
2022 $10,028 $1,087,931 $643,500 $444,431
2021 $9,168 $869,535 $462,000 $407,535
2020 $8,573 $839,850 $429,000 $410,850
2019 $8,626 $844,635 $424,875 $419,760
2018 $9,175 $970,914 $505,313 $465,601
2017 $8,034 $837,316 $0 $0
2016 $4,894 $510,537 $0 $0
2015 $4,895 $506,988 $0 $0
2014 $4,980 $502,964 $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: 609382

APN: 00077180-000000

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