$1,335,000
SOLD JAN 30, 2026
3 Beds
3.5 Baths
1,830 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$730 Per Sq Ft

11% Below List Price

44 Days on Market

Highlights

  • Home fronts a canal
  • Deck
  • Furnished
  • Coral Shores High School Rated A
  • Whirlpool Bathtub
  • No HOA

About This Home

As of January 2026

Discover elevated island living at 541 8th St, Key Colony Beach, an exceptional stilted 1/2-duplex offering 3 beds, 3.5 baths and approx. 1,830 sq ft of thoughtfully designed living space. This home sits prominently, boldly ''towering'' on its elevated structure--granting sweeping views, added privacy and a true Keys foothold above the everyday.Perched on a 37.5-foot-wide canal, you'll enjoy direct boating access--just minutes to the ocean with world-class fishing, diving, and endless water adventures. A classic Spanish tile roof tops the home, marrying durable appeal with timeless coastal aesthetics. Light-filled interiors fill this open-concept main living area which flows seamlessly to a spacious balcony off the kitchen, ideal for outdoor dining or entertaining with water views. A main floor bedroom suite, along with a generously sized second bedroom, bathroom and laundry, completes your home's second floor layout--ideal for guests or family.The upper-level primary suite is a private sanctuary unto itself, that delivers soaring vantage above the surrounding homes. Complete with en-suite bath, private balcony with stunning panoramic canal views-perfect for morning coffee or evening sunsets.Downstairs, the stilted foundation frees up space for covered parking, ample storage for gear or toys, and a serene waterfront setting that brings the home's functional footprint to life. Whether you're seeking a full-time island residence, a vacation home, or a high-demand investment opportunity, this Key Colony Beach Gem checks every box--offering the ultimate in island living!Schedule your private showing today and experience the best of Key Colony Beach boating, fishing and beautiful sunsets--from this impressive waterfront retreat!

Last Agent to Sell the Property

Jennifer Hamill

Coldwell Banker Schmitt Real Estate Co. License #3611186 Listed on: 11/05/2025

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Jennifer Hamill

Coldwell Banker Schmitt Real Estate Co. License #3611186 Listed on: 11/05/2025

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,082

Year Built

  • Built in 1994

Lot Details

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

Home Design

  • Half Duplex
  • Tile Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • Furnished
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Storage
  • Canal Views
  • Intercom

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00075010-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,082

Year Built

Built in 1994

Lot Details

4,125 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • 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
  • Side: Ocean
  • State Province: FL
  • Taxes: 9082.35
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Trailer Storage, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1994
  • Alternate Key Number: 1080471
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1830.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Intercom
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Windows/Doors: Single Hung Windows, Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Shed, Storage
  • Roof: Tile Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00075010-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2025
Closed on
Jan 22, 2026
Sold by
Abs Oil Inc
Bought by
Seymour Nathan
Seller's Agent
Jennifer Hamill
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Jennifer Hamill
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,499,900
Sold Price
$1,335,000
Premium/Discount to List
-$164,900
-10.99%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.20%
Original Mortgage
$1,068,000
Outstanding Balance
$1,068,000
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$386,929

Purchase Details

Listed on
Dec 23, 2013
Closed on
Jun 24, 2014
Sold by
Kogut Gregory and Kogut Marion
Bought by
Abs Oil Inc
Seller's Agent
Karen Raspe
Island Breeze Realty, LLC
Buyer's Agent
Alexis Ross
Shoreline Properties
List Price
$640,000
Sold Price
$580,000
Premium/Discount to List
-$60,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Aug 5, 2005
Sold by
Soule Stephen G and Soule Jeanette
Bought by
Kogut Gregory and Kogut Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 21, 2000
Sold by
Buscher Herbert E and Llinas-Buscher Isabel
Bought by
Soule Stephen G and Soule Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1997
Sold by
Fernandez Manny
Bought by
Buscher Herbert E and Buscher Isabel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1995
Bought by
Abs Oil Inc

Purchase Details

Closed on
Oct 1, 1989
Bought by
Abs Oil Inc

Purchase Details

Closed on
Sep 1, 1986
Bought by
Abs Oil Inc

Purchase Details

Closed on
Mar 1, 1982
Bought by
Abs Oil Inc

Purchase Details

Closed on
Feb 1, 1969
Bought by
Abs Oil Inc
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 Type Sale Price Title Company
Warranty Deed $1,335,000 None Listed On Document
Warranty Deed $580,000 Attorney
Warranty Deed $950,000 --
Warranty Deed $380,000 --
Warranty Deed $215,000 --
Warranty Deed $300,000 --
Warranty Deed $50,000 --
Warranty Deed $37,000 --
Warranty Deed $35,000 --
Deed $3,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,068,000 New Conventional
Previous Owner $175,000 Fannie Mae Freddie Mac
Previous Owner $322,000 Credit Line Revolving
Previous Owner $252,700 New Conventional
Previous Owner $252,700 New Conventional
Previous Owner $172,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2026 01/30/26 Sold $1,335,000 -11.0% $730 / Sq Ft
12/19/2025 12/19/25 For Sale $1,499,900 0.0% $820 / Sq Ft
12/19/2025 12/19/25 Pending -- -- --
11/05/2025 11/05/25 For Sale $1,499,900 +158.6% $820 / Sq Ft
06/24/2014 06/24/14 Sold $580,000 -9.4% $303 / Sq Ft View Prior Sale
06/04/2014 06/04/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $640,000 -- $334 / 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 $9,082 $1,088,463 $486,750 $601,713
2024 $8,318 $1,114,778 $478,500 $636,278
2023 $8,318 $1,013,304 $474,375 $538,929
2022 $7,153 $782,510 $379,500 $403,010
2021 $6,447 $597,319 $260,906 $336,413
2020 $5,838 $556,318 $247,500 $308,818
2019 $5,914 $563,962 $247,500 $316,462
2018 $5,726 $567,433 $247,500 $319,933
2017 $5,659 $575,062 $0 $0
2016 $5,742 $571,434 $0 $0
2015 $5,242 $502,218 $0 $0
2014 $4,861 $486,693 $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: 617192

APN: 00075010-000000

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