$756,000
SOLD DEC 21, 2012

850 Shelter Bay Dr Key Colony Beach, FL 33051

4 Beds
4 Baths
1,770 Sq Ft
7,623 Sq Ft Lot

Recently Sold

$427 Per Sq Ft

2% Below List Price

222 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Property Fronts a Bay or Harbor
  • Coral Shores High School Rated A
  • Dock made with concrete
  • Boat Slip

About This Home

As of September 2023

This home is located at 850 Shelter Bay Dr, Key Colony Beach, FL 33051 and is currently priced at $756,000, approximately $427 per square foot. This property was built in 1966. 850 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

Gail Borysiewicz

Gail's Island Realty, Inc. License #591280 Listed on: 04/30/2012

Last Buyer's Agent

Gail Borysiewicz

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,482

Year Built

  • Built in 1966

Home Design

  • Duplex

Interior Spaces

  • 1,770 Sq Ft Home
  • Ceiling Fan
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Above Ground Pool

Outdoor Features

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Additional Features

  • Property Fronts a Bay or Harbor
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 00074360-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Key Colony Bch 1St Addn Amd Plat Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,482

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Dock Length: 117
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: Yes
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Fire Hydrant, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4482.02
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1966
  • Alternate Key Number: 1079821
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat
  • Pool Info: Above Ground, Concrete
  • Porch Balcony: Patio
  • Species List: No
  • Tax Exemptions: None
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1770.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Alarms
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Trash Compactor, Refrigerator, Range, Oven, Microwave, Freezer, Dryer, Disposal
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00074360-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2011

Multi Family

  • Total Units: 2.00

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%
Views
63
Current Estimated Value
$934,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,027
Avg. Annual Appreciation
5.03%

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 Type Sale Price Title Company
Warranty Deed $850,000 None Listed On Document
Quit Claim Deed -- Dania S Fernandez & Associates
Quit Claim Deed -- --
Quit Claim Deed -- --
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: 557918

Florida Keys Board of REALTORS®

APN: 00074360-000100