571 8th St Key Colony Beach, FL 33051
5
Beds
4
Baths
2,218
Sq Ft
8,250
Sq Ft Lot
Highlights
- Property has ocean access
- Deeded Boat Dock
- In Ground Pool
- Coral Shores High School Rated A
- Golf Course Community
- RV or Boat Parking
About This Home
As of December 2024Well maintained Full Duplex with a 75ft. concrete dock w/ davits, sparkling swimming pool and tiki hut bar overlooking the 90+ foot wide canal. Just down the canal is access to Vaca Cut channel connecting you instantly to the Ocean or Bay. Beautiful water views from the spacious, covered porch leading into the 2 bed/2 bath upstairs unit with open concept living spaces. The downstairs unit has been fully renovated featuring a large white kitchen, 3 bedrooms and 2 bathrooms plus a shaded lanai. The large side yard is fully fenced perfect for pets or a boat trailer with easy access to the attached garage and oversized parking area up front. Solid concrete structure with newer metal roof (approx. 3yrs. old).
Last Agent to Sell the Property
Island Breeze Realty, LLC License #3107004 Listed on: 02/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,257
Year Built
- Built in 1970
Lot Details
- 8,250 Sq Ft Lot
- 75 Ft Wide Lot
- Home fronts a canal
- West Facing Home
- Fenced
- Property is zoned R-2A-KCB 2 family
Parking
- 1 Car Attached Garage
- Driveway
- Open Parking
- RV or Boat Parking
Home Design
- Metal Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,218 Sq Ft Home
- 2-Story Property
- Partially Furnished
- Ceiling Fan
- Tile Flooring
- Canal Views
Kitchen
- <<selfCleaningOvenToken>>
- Electric Range
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Property has ocean access
- Canal Width is 81-120 Feet
- Deeded Boat Dock
- Patio
- Porch
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 00075020-000000
Community Details
Overview
- No Home Owners Association
- Key Colony Beach 1St Add Subdivision
Recreation
- Golf Course Community
- Beach Club Membership Available
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2024
Closed on
Dec 20, 2024
Sold by
Aquino Ricardo U and Lazy Dayz Llc
Bought by
Cuda Man Llc
Seller's Agent
Gregg Powers
Keller Williams Key West Compass Realty
Buyer's Agent
Erin Voelliger
Ocean Sotheby's International
List Price
$1,990,000
Sold Price
$1,950,000
Premium/Discount to List
-$40,000
-2.01%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,779
Avg. Annual Appreciation
-9.71%
Original Mortgage
$1,462,500
Outstanding Balance
$1,458,723
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$379,054
Purchase Details
Closed on
Sep 14, 2023
Sold by
571 8Th Street Llc
Bought by
Aquino Ricardo U and Lazy Dayz Llc
Purchase Details
Listed on
Feb 3, 2023
Closed on
Mar 27, 2023
Sold by
Lecompte Peter
Bought by
571 8Th Street Llc
Seller's Agent
David Grego
Island Breeze Realty, LLC
List Price
$1,780,000
Sold Price
$1,470,000
Premium/Discount to List
-$310,000
-17.42%
Views
205
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Purchase Details
Closed on
Apr 27, 2012
Sold by
Michels Kenneth
Bought by
Lecompte Peter
Purchase Details
Closed on
Apr 24, 2009
Sold by
Diehn Jan
Bought by
Michels Kenneth
Purchase Details
Closed on
Apr 29, 1998
Sold by
Morse Marilyn
Bought by
Michels Kenneth and Diehn Jan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 1, 1970
Bought by
Lecompte Peter
Similar Homes in the area
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,950,000 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $1,470,000 | -- | |
| Warranty Deed | $568,700 | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $286,000 | -- | |
| Deed | $5,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,462,500 | New Conventional | |
| Previous Owner | $500,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $105,000 | New Conventional | |
| Previous Owner | $170,000 | New Conventional | |
| Previous Owner | $90,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $1,950,000 | -2.0% | $879 / Sq Ft |
| 10/17/2024 10/17/24 | For Sale | $1,990,000 | +35.4% | $897 / Sq Ft |
| 03/28/2023 03/28/23 | Sold | $1,470,000 | -1.7% | $663 / Sq Ft |
| 02/27/2023 02/27/23 | Pending | -- | -- | -- |
| 02/17/2023 02/17/23 | Price Changed | $1,495,000 | -9.3% | $674 / Sq Ft |
| 02/10/2023 02/10/23 | Price Changed | $1,649,000 | -7.4% | $743 / Sq Ft |
| 02/03/2023 02/03/23 | For Sale | $1,780,000 | -- | $803 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $11,301 | $1,205,885 | $862,125 | $343,760 |
| 2023 | $11,301 | $1,215,484 | $862,125 | $353,359 |
| 2022 | $10,257 | $1,094,729 | $643,500 | $451,229 |
| 2021 | $9,377 | $872,992 | $462,000 | $410,992 |
| 2020 | $8,203 | $752,524 | $332,063 | $420,461 |
| 2019 | $8,219 | $754,222 | $327,938 | $426,284 |
| 2018 | $7,900 | $752,248 | $327,938 | $424,310 |
| 2017 | $6,495 | $666,464 | $0 | $0 |
| 2016 | $6,456 | $628,067 | $0 | $0 |
| 2015 | $6,378 | $619,013 | $0 | $0 |
| 2014 | $6,549 | $620,658 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gregg Powers
G
Seller's Agent in 2024
Gregg Powers
Keller Williams Key West Compass Realty
(206) 264-0600
16 Total Sales
-
Robin Nilsson
Seller Co-Listing Agent in 2024
Robin Nilsson
Keller Williams Key West Compass Realty
(941) 473-7399
27 Total Sales
-
Erin Voelliger
Buyer's Agent in 2024
Erin Voelliger
Ocean Sotheby's International
3 Total Sales
-
David Grego
Seller's Agent in 2023
David Grego
Island Breeze Realty, LLC
(305) 481-1296
253 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11336414
APN: 00075020-000000
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