$645,000
$80K PRICE DROP

Estimated payment $3,813/month

Total Views 7,015
2 Beds
2 Baths
938 Sq Ft
$688 Price per Sq Ft

Highlights

  • Airstrip
  • Boat Ramp
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Curry Hammock State Park

About This Home

Welcome to 65 Coral Lane, right in the heart of the Florida Keys!This laid-back 2 bed, 2 bath waterfront half-duplex in Key Colony Beach is all about easy island living with major investment potential. You've got direct boating access to both the Atlantic and the Gulf, plus a private 20ft dock, just hop in and you'll be at the sandbar, reefs, or light house! The home is already STR-approved and has a solid rental track record, so whether you're looking for a vacation spot, rental income, or both it's totally turnkey. Plus, current property manager is willing to stick around to help. You're within walking distance to everything that makes KCB special the boat ramp, Sunset Park, marina, golf course, fishing charters, local shops, and some of the best seafood spots around (ask us for recs!).Also, no condo association or HOA fees! Plus Key Colony Beach offers homeowners and guests access to boat trailer parking, which is a huge plus.Whether you're unwinding on the water or soaking in that island breeze on your porch, this home is your launchpad for true Keys style living. A few minor updates have changed since photos were taken: New mini split system in back bedroom, freshly painted baseboards, updated divider wall, and added a sunshade out back!

Listing Agent

Teri Hiller

Coldwell Banker Schmitt Real Estate Co. License #3322619 Listed on: 10/23/2024

Coldwell Banker Schmitt Real Estate Co.

Co-Listing Agent

Joshua Mothner

Coldwell Banker Schmitt Real Estate Co. License #659317

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 1,434 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Shotgun Architecture
  • Pre-Cast Concrete Construction

Interior Spaces

  • 938 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Airstrip
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00079090-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Botel Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,001

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • 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
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip, Other Area Features, Beach, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 5001.20
  • Year Built: 1961
  • Alternate Key Number: 8713215
  • Building Style: Shotgun
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 1434.00
  • Porch Balcony: Patio
  • Shutters: Bahama, Panel
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 938.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00079090-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,001 $461,194 $269,821 $191,373
2023 $5,001 $465,527 $272,926 $192,601
2022 $2,689 $270,445 $0 $0
2021 $2,684 $262,568 $0 $0
2020 $2,571 $258,943 $125,332 $133,611
2019 $2,586 $260,698 $125,332 $135,366
2018 $2,484 $259,074 $125,332 $133,742
2017 $2,580 $275,811 $0 $0
2016 $2,615 $228,861 $0 $0
2015 $1,577 $162,536 $0 $0
2014 $1,596 $161,246 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2025 09/18/25 Price Changed $645,000 -1.5% $688 / Sq Ft
07/03/2025 07/03/25 Price Changed $655,000 -6.3% $698 / Sq Ft
05/28/2025 05/28/25 Price Changed $699,000 -2.9% $745 / Sq Ft
03/12/2025 03/12/25 Price Changed $720,000 -0.7% $768 / Sq Ft
10/23/2024 10/23/24 For Sale $725,000 +50.7% $773 / Sq Ft
03/21/2022 03/21/22 Sold $481,000 +0.4% $513 / Sq Ft View Prior Sale
01/03/2022 01/03/22 Pending -- -- --
12/03/2021 12/03/21 Price Changed $479,000 -4.0% $511 / Sq Ft
09/14/2021 09/14/21 Price Changed $499,000 -2.0% $532 / Sq Ft
07/09/2021 07/09/21 For Sale $509,000 +89.2% $543 / Sq Ft
06/11/2015 06/11/15 Sold $269,000 -23.1% $287 / Sq Ft View Prior Sale
03/19/2015 03/19/15 Pending -- -- --
07/08/2014 07/08/14 For Sale $350,000 -- $373 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $481,100 Wright Barrows Pllc
Warranty Deed $269,000 Attorney
Warranty Deed $105,000 --
Warranty Deed $105,000 --
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,385 FHA
Previous Owner $274,783 VA
Previous Owner $100,000 New Conventional
Previous Owner $94,500 New Conventional
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 611955

APN: 00079090-000100