511 4th Street

Key Colony Beach, FL 33051

$2,499,000
Price
4
Beds
3
Baths
2,445 Sq. Ft.
$1,022 / Sq. Ft.
2,445
Sq. Ft.
$1,022
per Sq. Ft.

Description

This Key Colony Beach gem is a true coastal paradise! Nestled just a stone's throw away from the stunning Bonefish Bay, this property offers a unique blend of modern elegance and waterfront tranquility. Step inside to discover a beautifully updated interior. The kitchen is a chef's dream, boasting sleek granite countertops,stainless steel appliances, and a generously sized island that's perfect for both cooking and entertaining. The open living and dining area create a welcoming atmosphere, ideal...This Key Colony Beach gem is a true coastal paradise! Nestled just a stone's throw away from the stunning Bonefish Bay, this property offers a unique blend of modern elegance and waterfront tranquility. Step inside to discover a beautifully updated interior. The kitchen is a chef's dream, boasting sleek granite countertops,stainless steel appliances, and a generously sized island that's perfect for both cooking and entertaining. The open living and dining area create a welcoming atmosphere, ideal for gatherings with friends and family. The convenience of a first-floor en suite bedroom adds a touch of privacy for guests or family members, while the second-floor master suite is a true showstopper. This expansive retreat features a sprawling master bathroom with a luxurious soaking tub and an impressively large walk-in closet. Beyond the exceptional interior, this property is a savvy investment opportunity, with a proven track record as a vacation rental, generating over $85,000 in income. It's an ideal choice for those looking to combine the joys of ownership with potential rental revenue. A water lover's dream, the property includes a 60-foot dock complete with a 15K-pound lift, granting effortless access to the pristine waters of the Florida Keys, perfect for boating and exploration. And let's not forget the added bonus of Cabana Club membership, granting access to even more amenities and recreational options. This property truly embraces the Florida Keys Lifestyle.
  1. Listed by Maria Acosta • Keller Williams Capital Realty

Property Details for 511 4th Street

Waterfront
Canal Front
Waterfront
Yes
Zoning
R-1A - Key Colony Single Family
Subdivision
Key Colony Beach (53.5)
Vehicle Storage
Auto Door Opener, Trailer Storage, Garage, Guest Parking
Pets
Pets Allowed

Location

Listing Courtesy of Keller Williams Capital Realty
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LISTING UPDATED: 05/02/2024 01:07 PM

Property Details for 511 4th Street

StatusActive
MLS #606855
Days on Market231
Taxes$13,614 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1973
Lot Size0.15 AC / 6,600 SF
CountyMonroe County

Location

Listing Courtesy of Keller Williams Capital Realty
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Virtual Tour

Building Information for 511 4th Street

Stories2Year Built1973Building Size-Lot Size0.15 AC / 6,600 SF

Payment Calculator

$14,773 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,638

Property Taxes

$1,135

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 511 4th Street

Summary
Location and General Information
  • Waterview: Canal View, Open Water View
  • Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
  • Control Depth: 4
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Ocean
  • Mile Marker: 53.5
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Neighborhood Feature: Airstrip, Tennis Courts, Bike Paths, Beach
  • Key/Island: Key Colony
Owner
  • Owner Name: Undisclosed
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Furnished, Negotiable
  • Tax Year: 2022
  • Tax Exemptions: None
Property
Lot Information
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: Legal DescriptionBK 4 LT 23 KEY COLONY BEACH PB3-120 SHELTER KEY OR328-132 OR609-401 OR806-1866 OR813-1323/24 OR
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Tax Records
  • Rentals Allowed: Yes
  • Deed Restrictions: No
  • Picture Count: 43
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Security: Patrolled Area
Utilities
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Fiberglass, In Ground
  • Porch/Balcony: Deck, Patio
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Interior Features: Built-in Cabinets, Split Bedroom, Window Treatments, Walk-in Closet(s), Granite Counter Top, Drapes/Blinds Incl
  • Pre-Wired: Cable
  • Appliances: Dishwasher, Freezer, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Ice Machine, Dryer, Disposal
Exterior Features
  • Roof: Metal Roof
  • Dockage: Dock Length: 60
  • Dockage: Dock: Concrete
  • Construction: CBS
  • Dockage: Boat Lift
  • Exterior Features: Fencing
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
Room Information
  • Specialty Rooms: Sun/Florida Room

Property History for 511 4th 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 511 4th Street

Taxable ValueLand$972,583Additions$692,321Total$1,664,904
Tax Record2023$15,898 ($1,325 / month)
Home Facts
Beds4Baths3Total Finished SqFt2,445 SqFtAbove Grade Finished SqFt2,445 SqFtStories2Lot Size6,600 SqFtStyleSingle Family ResidenceYear Built1973Year Renovated2013CountyMONROEAPN00073350-000000

Schools near 511 4th 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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511 4th Street is a single family home for sale in Key Colony Beach, FL 33051. This property was listed for sale on September 29, 2023 by Keller Williams Capital Realty, it's currently listed at $2,499,000. It has been on the market for a total of 231 days and was last sold on October 12, 2021. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Big Pine Academy. 511 4th Street is a 4-bed, 3-bath, 2,445 sqft single family home built in 1973.

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. 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 Keller Williams Capital Realty

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.