NOT LISTED FOR SALE

641 12th St Key Colony Beach, FL 33051

Estimated Value: $1,568,000 - $2,366,000

3 Beds
2 Baths
2,001 Sq Ft
$993/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $1,700,000 $850 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,448/month

122 Days on Market

Highlights

  • Beach
  • Dock made with concrete
  • Cathedral Ceiling
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Outdoor Kitchen

About This Home

As of July 2023

Angler's Dream - Immaculately maintained three bedroom, two bath CBS home in Key Colony Beach, the gem of the Florida Keys. This home is ground level and on a wide canal with quick ocean and gulf access. The open kitchen leads into the dining room and spacious living room with soaring vaulted ceilings. The main bedroom is spacious with a large California closet. The 36' covered outdoor kitchen creates a beautiful grilling experience for entertaining. Any angler would love the davits, boat cradle, 80'concrete dock, a 36' drop down wooden dock and fish cleaning station. Maintenance-free artificial grass. This waterfront, tropical landscaped home is a must see!

Last Agent to Sell the Property

Paulette Thompson PA

Ocean Sotheby's International License #3225300 Listed on: 02/17/2023

Ocean Sotheby's International

Co-Listed By

Jass Tremblay

Ocean Sotheby's International License #3287539

Last Buyer's Agent

Teri Hiller

Coldwell Banker Schmitt Real Estate Co. License #3322619

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,455

Year Built

  • Built in 1999

Lot Details

  • 9,600 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned R-1B - Key Colony Single Family

Home Design

  • Tile Roof

Interior Spaces

  • 2,001 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Davits
  • Dock made with concrete
  • Balcony
  • Outdoor Kitchen
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00079871-002300

Community Details

Overview

  • No Home Owners Association
  • Coury Sub Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,455

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 80
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7455.30
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Trailer Storage, Off Street Parking, Auto Door Opener, Attached
  • Vehicle Storage Cars: 2
  • Year Built: 1999
  • Alternate Key Number: 8553692
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9600.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2001.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Walk-in Closet(s), Granite Counter Top, Built-in Cabinets, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows, Aluminum Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits, Davit Pads
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Outdoor Kitchen
  • Roof: Tile Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Buyer to Verify
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00079871-002300
  • Lot Size: 80 x 120
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2022
Sold by
Flagg and Sally
Bought by
Sally R Flagg Trust
Current Estimated Value
$1,986,659

Purchase Details

Closed on
Jun 23, 1999
Sold by
William and Ellison Rosemarie Ellison
Bought by
Flagg Philip and Flagg Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 16, 1998
Sold by
Legault Michael J
Bought by
Ellison William L and Ellison Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1983
Bought by
Flagg Philip and Flagg Sally

Purchase Details

Closed on
Nov 1, 1979
Bought by
Flagg Philip and Flagg Sally
Source: Public Records

Range of Values:

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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
Sally R Flagg Trust -- --
Flagg Philip $499,000 --
Ellison William L $145,000 --
Flagg Philip $48,000 --
Flagg Philip $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellison William L $80,000
Previous Owner Ellison William L $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $1,700,000 -10.3% $850 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $1,895,000 -5.2% $947 / Sq Ft
04/12/2023 04/12/23 Price Changed $1,999,999 -8.9% $999 / Sq Ft
03/24/2023 03/24/23 Price Changed $2,195,000 -4.6% $1,097 / Sq Ft
02/17/2023 02/17/23 For Sale $2,300,000 -- $1,149 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $7,744 $1,458,796 $882,816 $575,980
2023 $7,744 $793,023 $0 $0
2022 $7,455 $769,926 $0 $0
2021 $7,531 $747,501 $0 $0
2020 $7,185 $737,181 $454,272 $282,909
2019 $7,609 $739,370 $449,904 $289,466
2018 $8,068 $883,546 $535,080 $348,466
2017 $6,994 $739,641 $0 $0
2016 $6,576 $647,617 $0 $0
2015 $6,788 $667,471 $0 $0
2014 $6,343 $599,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Paulette Thompson PA

    Ocean Sotheby's International

    (305) 923-4106

    30 Total Sales

    Paulette Thompson PA
    Section Image
  • Jass Tremblay

    Seller Co-Listing Agent in 2023

    Jass Tremblay

    Ocean Sotheby's International

    (305) 304-7508

    29 Total Sales

    Jass Tremblay
    Section Image
  • Teri Hiller

    Buyer's Agent in 2023

    Teri Hiller

    Coldwell Banker Schmitt Real Estate Co.

    (305) 481-0361

    81 Total Sales

    Teri Hiller
    Section Image

  • 5

    Buyer Co-Listing Agent in 2023

    554482 554482

    Coldwell Banker Schmitt Real Estate Co.

  • Joshua Mothner

    Buyer Co-Listing Agent in 2023

    Joshua Mothner

    Coldwell Banker Schmitt Real Estate Co.

    (305) 743-5181

    173 Total Sales

    Joshua Mothner
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 604225

APN: 00079871-002300

Florida Monroe County Key Colony Beach 33051

641 12th St, Key Colony Beach, FL

This home is located at 641 12th St, Key Colony Beach, FL 33051 since 17 February 2023 and is currently estimated at $1,986,659, approximately $992 per square foot. This property was built in 1999. 641 12th St is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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