NOT LISTED FOR SALE

Estimated Value: $1,362,173

3 Beds
3.5 Baths
1,830 Sq Ft
$744/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2026

Last sale price $1,335,000 $730 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,448 / mo

56 Days on Market

Highlights

  • Property has ocean access
  • Community Boat Dock
  • Waterfront
  • Coral Shores High School Rated A
  • Golf Course Community
  • Two Primary Bathrooms

About This Home

As of January 2026

Discover elevated island living at 541 8th St, Key Colony Beach—a stunning stilted ½-duplex offering 3 beds, 3.5 baths, and 1,830 sq ft of well-designed space. Positioned on a 37.5-ft canal, it provides direct ocean access for world-class fishing, diving, and boating. The Spanish tile roof and light-filled open layout blend coastal style with modern comfort. Enjoy water-view balconies ideal for dining and sunsets, off the main-level dining room, and an upper primary retreat with panoramic canal views. The elevated design towers above the neighboring homes. Ample parking, storage, and breezy outdoor space below. Perfect as a full-time home, vacation escape, or investment—experience true island living in this Key Colony Beach gem!

Last Buyer's Agent

Jennifer Hamill

Coldwell Banker Schmitt Real E License #3611186

Coldwell Banker Schmitt Real E

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,082

Year Built

  • Built in 1994

Lot Details

  • Waterfront
  • East Facing Home
  • Property is zoned R-2A - Key Col

Home Design

  • Old Spanish Architecture
  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,830 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Furniture Available With House
  • Ceiling Fan
  • Single Hung Metal Windows
  • Sliding Windows
  • Storage Room
  • Canal Views

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Partial Accordion Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Parking Spaces
  • Parking Garage Space
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Seawall
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00075010000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach 1St Add Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Storage Space

Recreation

  • Community Boat Dock
  • Boating
  • Golf Course Community
  • Beach Club Membership Available
  • Community Basketball Court
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,082

Year Built

Built in 1994

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Architectural Style: Old Spanish, Split Level
  • Directions: US 1 TO SADOWSKI CSWY TO W OCEAN DR TO 8TH ST
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 2
  • New Construction: No
  • Road Frontage Type: Paved Road, Public Road
  • Road Surface Type: Paved Road, Paved
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: KEY COLONY BEACH 1ST ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 1335000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s), Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Furnished, Furniture Only
  • Living Area: 1830
  • Stories: 2
  • Window Features: Partial Accordian Shutters, Single Hung Metal, Sliding
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Living Room Features: Laundry, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms, Shower Only, Tub Only

Exterior Features

  • View: Canal, Canal View
  • Exterior Features: Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 2 Or More Spaces, Garage-Under Building, Open, Parking-Under Building

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Smoke Alarm, Smoke Detector(s), Smoke Detector
  • Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Amenities: Basketball Court, Bike/Jog Path, Boat Dock, Barbecue, Storage, Golf Course, Golf Course Com
  • Association: No
  • Community Features: Beach Club Member Available, Boating, Golf Course Community, Paved Road, Picnic Area, Public Road, Sidewalks

Lot Info

  • Parcel Number: 00075010000000
  • Zoning: R-2A - Key Col

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9082

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Buyer's Agent
Jennifer Hamill
Coldwell Banker Schmitt Real E
List Price
$1,499,900
Sold Price
$1,335,000
Premium/Discount to List
-$164,900
-10.99%
Views
41
Current Estimated Value
$1,362,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,173
Avg. Annual Appreciation
3.20%
Original Mortgage
$1,068,000
Outstanding Balance
$1,060,431
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$301,742

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

Purchase Details

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

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Key Colony Beach, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,335,000 None Listed On Document
Abs Oil Inc $580,000 Attorney
Kogut Gregory $950,000 --
Soule Stephen G $380,000 --
Buscher Herbert E $215,000 --
Abs Oil Inc $300,000 --
Abs Oil Inc $50,000 --
Abs Oil Inc $37,000 --
Abs Oil Inc $35,000 --
Abs Oil Inc $3,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,068,000
Previous Owner Kogut Gregory $175,000
Previous Owner Soule Stephen G $322,000
Previous Owner Soule Stephen G $252,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
12/31/2025 12/31/25 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: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: MIAMI REALTORS® MLS

MLS Number: R11138353

MIAMI REALTORS® MLS

APN: 00075010-000000

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