NOT LISTED FOR SALE

850 Shelter Bay Dr Key Colony Beach, FL 33051

Estimated Value: $807,000 - $884,000

2 Beds
2 Baths
885 Sq Ft
$958/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $850,000 $960 Per Sq Ft

Current estimated payment $5,056/month

39 Days on Market

Highlights

  • Dock made with concrete
  • Property Fronts a Bay or Harbor
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Boat Slip
  • Gulf View

About This Home

As of September 2023

BEAUTIFUL KEY COLONY BEACH WATERFRONT, 2 BEDROOMS 2 FULL BATHS, HALF DUPLEX, OPEN WATER VISTAS, 51 FOOT SEAWALL WITH RARE CUT IN 30 FEET WIDE X 20 FEET LONG 2 BOAT SLIPS. Ocean Access in minutes, No Fixed Bridges, to World Class Fishing and Diving. Excellent Bay Access in minutes via Vaca Cut. Recently Painted Interior and Exterior. Giant Lot, can accommodate a Multitude of Cars, Boat, Trailer, RV, Jet Skis. Excellent Rental Income Property, can be Rented Weekly. NO HOA DUES. KEY COLONY BEACH PARADISE AWAITS. *INTERIOR PHOTOS COMMING SOON*

Last Agent to Sell the Property

Daniel Cloud

Water Vista Realty, Inc. License #3144777 Listed on: 07/23/2023

Last Buyer's Agent

Alexia Mann

Island Breeze Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,060

Year Built

  • Built in 1966

Lot Details

  • 7,600 Sq Ft Lot
  • Property Fronts a Bay or Harbor

Home Design

  • Half Duplex
  • Tar and Gravel Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 885 Sq Ft Home
  • Terrazzo Flooring
  • Gulf Views
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Boat Slip
  • Dock made with concrete
  • Patio

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00074360-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • RV Parking in Community

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,060

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 51
  • Dockage Seawall: Concrete
  • Document Count: 1
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6060.41
  • Vehicle Storage: RV Parking Open, Trailer Storage
  • Vehicle Storage Cars: 4+
  • Year Built: 1966
  • Alternate Key Number: 9104452
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 7600.00
  • Porch Balcony: Patio
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 885.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Terrazzo
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Tar/Gravel Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00074360-000100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
Sep 20, 2023
Sold by
Tietjens Jeffrey and Reed Jennifer
Bought by
Karl K Floody Revocable Trust and Suzanne Y Floody Revocable Trust
Seller's Agent
Daniel Cloud
Water Vista Realty, Inc.
Buyer's Agent
Alexia Mann
Island Breeze Realty, LLC
List Price
$889,000
Sold Price
$850,000
Premium/Discount to List
-$39,000
-4.39%
Total Days on Market
39
Views
63
Current Estimated Value
$847,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,255
Avg. Annual Appreciation
-0.15%

Purchase Details

Closed on
Mar 11, 2022
Sold by
Jeffrey Tietjens
Bought by
Tietjens Jeffrey and Reed Jennifer

Purchase Details

Closed on
Jul 17, 2001
Sold by
James J Formicola I
Bought by
Shaw Judith L

Purchase Details

Closed on
Apr 30, 2001
Sold by
Jean Hering I
Bought by
Formicola James J
Source: Public Records

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Range of Values:

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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
Karl K Floody Revocable Trust $850,000 None Listed On Document
Tietjens Jeffrey -- Dania S Fernandez & Associates
Shaw Judith L -- --
Formicola James J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $850,000 -3.3% $960 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
07/23/2023 07/23/23 Price Changed $879,000 -1.1% $993 / Sq Ft
07/23/2023 07/23/23 For Sale $889,000 +17.6% $1,005 / Sq Ft
12/21/2012 12/21/12 Sold $756,000 -2.5% $427 / Sq Ft
12/08/2012 12/08/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $775,000 -- $438 / Sq Ft
Source: Florida Keys Board 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 $6,688 $706,472 $463,904 $242,568
2023 $6,688 $726,449 $463,904 $262,545
2022 $6,060 $653,722 $403,845 $249,877
2021 $5,694 $568,730 $409,222 $159,508
2020 $4,849 $453,733 $291,973 $161,760
2019 $4,549 $470,951 $294,627 $176,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 606085

Florida Keys Board of REALTORS®

APN: 00074360-000100