431 5th Street

Key Colony Beach, FL 33051

$1,050,000
Price
3
Beds
2
Baths
1,184 Sq. Ft.
$887 / Sq. Ft.
1,184
Sq. Ft.
$887
per Sq. Ft.

Description

Welcome to your Key Colony Beach Escape, a beautifully maintained waterfront 3-bedroom, 2-bath half duplex in the desirable Key Colony Beach. All new impact windows and doors throughout. This charming home features 30 feet of concrete dockage, fish cleaning station, tiki hut, fresh paint, new furniture, and smart TVs in every room. The open-concept living area flows seamlessly into the fully equipped kitchen, complete with a breakfast bar and dining table for six. If you are looking for an investment...Welcome to your Key Colony Beach Escape, a beautifully maintained waterfront 3-bedroom, 2-bath half duplex in the desirable Key Colony Beach. All new impact windows and doors throughout. This charming home features 30 feet of concrete dockage, fish cleaning station, tiki hut, fresh paint, new furniture, and smart TVs in every room. The open-concept living area flows seamlessly into the fully equipped kitchen, complete with a breakfast bar and dining table for six. If you are looking for an investment property, this is it! Active vacation rental with needed licenses and passed inspections ready to be transferred. Enjoy easy access right down the street to the exclusive Cabana Club, with beach and pool privileges just a short walk away. Located near parks, fishing, golf, and local restaurants. Don't miss the opportunity to own this stunning property in the Gem of the Florida Keys!
  1. Listed by Saara Victoria Staten • Engel & Volkers Marathon
  2. Listed by Kasey Platt • Florida Keys Real Estate Group

Property Details for 431 5th Street

Waterfront
Canal Front
Waterfront
Yes
Zoning
R-2B - Key Colony Two Family
Subdivision
Key Colony Beach (53.5)
Directions
From US-1, turn onto Sadowski Causeway. Continue to end and veer left. Turn onto 5th street which is first right after curve.
Pets
Pets Allowed
LISTING UPDATED: 12/03/2024 08:38 AM

Property Details for 431 5th Street

StatusActive
MLS #612425
Days on Market25
Taxes$7,737 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeUnit Duplex
MLS TypeResidential / Half Duplex
Year Built1959
Lot Size0.08 AC / 3,300 SF
CountyMonroe County

Building Information for 431 5th Street

Stories-Residences-Year Built1959Lot Size0.08 AC / 3,300 SF

Property Information for 431 5th Street

Summary
Location and General Information
  • Waterview: Canal View
  • Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
  • Absolute Longitude: 81.017454
  • Control Depth: 3
  • Listing Board: Marathon/Lower Keys
  • Side: Ocean
  • Mile Marker: 53.5
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Key/Island: Key Colony
Owner
  • Owner Name: Joesue Associates LLC
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • License Info: Transient Rntl Licns: Yes
  • Fee Includes: None
  • Furnished: Negotiable
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.08
  • Parcel #: 00073790-000100
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: BK 5 N 1/2 LOT 19 KEY COLONY BEACH PB3-120 SHELTER KEY OR481-424 OR781-622 OR820-25 OR862-1291 OR874-2293 OR1061-2159 OR
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: No
  • Picture Count: 41
  • Document Count: 4
  • Building Style: Above Flood: Unknown
  • Property Condition: Updated/Remodeled
Utilities
  • Utilities: FKAA, Community Swr Plant
  • Pub Sewer HkUp: Yes
  • Pool: No
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Shingle Roof
  • Shutters: Panel
  • Dockage: Dock Length: 30
  • Dockage: Dock: Concrete
  • Construction: CBS
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors

Property History for 431 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 431 5th Street

Taxable ValueLand$501,534Additions$248,320Total$749,854
Tax Record2023$7,737 ($645 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,184 SqFtAbove Grade Finished SqFt1,184 SqFtStories1Lot Size3,300 SqFtStyleSingle Family ResidenceYear Built1959Year Renovated2009CountyMONROEAPN00073790-000100

Schools near 431 5th Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - PK to 5
Charter - PK to 8
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Big Pine Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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431 5th Street is for sale in Key Colony Beach, FL 33051. This property was listed for sale on November 26, 2024 by Engel & Volkers Marathon, it's currently listed at $1,050,000. It has been on the market for a total of 25 days and was last sold on June 21, 2022. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Big Pine Academy. 431 5th Street is a 3-bed, 2-bath, 1,184 sqft built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Engel & Volkers Marathon; Florida Keys Real Estate Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.