NOT LISTED FOR SALE

820 Shelter Bay Dr Key Colony Beach, FL 33051

Estimated Value: $5,459,000 - $8,151,000

4 Beds
5 Baths
5,181 Sq Ft
$1,343/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $7,500,000 $1,448 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $41,008/month

Highlights

  • Dock made with concrete
  • Boat Lift
  • In Ground Pool
  • Coral Shores High School Rated A
  • Property Fronts a Bay or Harbor
  • Gulf View

About This Home

As of August 2023

This home is located at 820 Shelter Bay Dr, Key Colony Beach, FL 33051 since 25 August 2023 and is currently estimated at $6,957,449, approximately $1,342 per square foot. This property was built in 2001. 820 Shelter Bay Dr is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Last Agent to Sell the Property

Brian Schmitt

Coldwell Banker Schmitt Real Estate Co. (KW) License #BK147809 Listed on: 08/25/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Co-Listed By

Franco Ascanio

Coldwell Banker Schmitt Real Estate Co. License #3084470

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Franco D'Ascanio

D Asign Source Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,064

Year Built

  • Built in 2001

Lot Details

  • 0.52 Acre Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Property is zoned R-1A - Key Colony Single Family

Property Views

  • Gulf
  • Canal

Home Design

  • Tile Roof

Interior Spaces

  • 5,181 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters

Parking

  • Garage
  • Carport
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Kitchen

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Davits
  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Deck
  • Gazebo

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00074350-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,064

Year Built

Built in 2001

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: 6
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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 W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 35063.61
  • Vehicle Storage: Garage, Off Street Parking, Carport
  • Year Built: 2001
  • Alternate Key Number: 1079812
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 23500.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Deck
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 5181.00
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet, Wood
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 4
  • Accessibility Features: Accessible Full Bath, Accessible Kitchen, Accessible Elevator Installed

Exterior Features

  • Dockage: Davits, Boat Lift
  • Waterfront: Bay Front, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Gazebo, Hot Tub
  • Roof: Tile Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00074350-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.52

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Aug 28, 2023
Sold by
7Gableskcb Llc
Bought by
Bernd H Koerner Trust and Koerner
Seller's Agent
Brian Schmitt
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Franco D'Ascanio
D Asign Source Realty Inc.
List Price
$7,500,000
Sold Price
$7,500,000
Views
2
Current Estimated Value
$6,957,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$542,551
Avg. Annual Appreciation
-3.67%

Purchase Details

Listed on
Aug 25, 2023
Closed on
Aug 16, 2023
Sold by
Stull Dean
Bought by
7Gableskcb Llc
Seller's Agent
Brian Schmitt
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Franco D'Ascanio
D Asign Source Realty Inc.
List Price
$7,500,000
Sold Price
$7,500,000
Views
2

Purchase Details

Listed on
May 15, 2020
Closed on
Feb 2, 2021
Sold by
Donnelly Peter John and Nito Mary Kate
Bought by
7Gableskcb Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Jessica Boyanton P.A.
LPT Realty, LLC
List Price
$2,999,999
Sold Price
$2,999,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.04%

Purchase Details

Closed on
Oct 12, 2005
Sold by
Stull Dean and Stull Mary
Bought by
Donnelly Peter John and Nito Mary Kate Donnelly

Purchase Details

Closed on
Jun 28, 1999
Sold by
Stull Dean
Bought by
Nadile Theodore and Nadile Mary

Purchase Details

Closed on
Jul 16, 1998
Sold by
Mckinstry Byron and Williams Mckinstry
Bought by
Stull Dean

Purchase Details

Closed on
Mar 1, 1985
Bought by
Donnelly Peter John

Purchase Details

Closed on
Apr 1, 1979
Bought by
Donnelly Peter John
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bernd H Koerner Trust $7,500,000 None Listed On Document
7Gableskcb Llc -- None Listed On Document
7Gableskcb Llc $3,000,000 Florida Title Pros
Donnelly Peter John $3,250,000 --
Nadile Theodore $305,000 --
Stull Dean $100 --
Stull Dean $428,000 --
Donnelly Peter John $98,000 --
Donnelly Peter John $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donnelly Peter John $1,950,000
Previous Owner Stull Dean $1,200,000
Previous Owner Stull Dean $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $7,500,000 0.0% $1,448 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $7,500,000 +150.0% $1,448 / Sq Ft
02/04/2021 02/04/21 Sold $2,999,999 0.0% $580 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
10/30/2020 10/30/20 For Sale $2,999,999 0.0% $580 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/22/2020 10/22/20 Price Changed $2,999,999 -17.8% $580 / Sq Ft
10/15/2020 10/15/20 Price Changed $3,650,000 -5.2% $705 / Sq Ft
05/15/2020 05/15/20 For Sale $3,850,000 -- $744 / 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 $38,060 $6,099,524 $2,026,640 $4,072,884
2023 $38,060 $3,901,429 $2,080,925 $1,820,504
2022 $35,064 $3,620,728 $1,764,263 $1,856,465
2021 $25,064 $2,460,172 $760,813 $1,699,359
2020 $32,188 $3,319,620 $690,900 $2,628,720
2019 $30,451 $3,350,843 $690,900 $2,659,943
2018 $27,048 $3,149,343 $1,644,098 $1,505,245
2017 $23,414 $2,668,221 $0 $0
2016 $21,638 $2,250,819 $0 $0
2015 $20,472 $2,172,437 $0 $0
2014 $18,685 $1,846,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 606480

APN: 00074350-000000