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261 3rd St

Key Colony, FL 33051

2 bd 2 ba 1,037 sqft Built 1974 Lot 2,797 sqft single_family
Most recent sale
$870,000
Sep 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2024 Listing removed $779,000 Marathon
Sep 15, 2023 Sold $870,000 FloridaKeys
May 2, 2023 Relisted $915,000 FloridaKeys
Apr 18, 2023 Listing removed $915,000 FloridaKeys
Apr 17, 2023 Relisted $915,000 FloridaKeys
Mar 16, 2023 Listing removed $915,000 FloridaKeys
Oct 25, 2022 Price changed $915,000 FloridaKeys
Oct 3, 2022 Listed $925,000 FloridaKeys
Sep 4, 2020 Sold $540,000 Marathon
Jul 22, 2020 Listing removed $779,000 Marathon
Jul 16, 2020 Listing removed $779,000 FloridaKeys
Jun 27, 2016 Sold $490,000 FloridaKeys
May 7, 2016 Listed $499,000 Marathon
May 6, 2016 Listed $499,000 FloridaKeys
Nov 24, 2015 Sold $675,000 Marathon
Feb 23, 2007 Listing removed $779,000 FloridaKeys
Dec 1, 2006 Listed $779,000 FloridaKeys
Jan 3, 2006 Sold $675,000 FloridaKeys
Sep 19, 2005 Listed $675,000 FloridaKeys
Feb 14, 2005 Sold $988,000 Public Record
Mar 4, 2004 Sold $670,000 Public Record
Oct 1, 1978 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $254,706 $389,063 $643,769 $6,581
2022 $442,484 $4,948
2021 $202,552 $199,706 $402,258 $4,497
2020 $203,042 $190,895 $393,937 $4,272
2019 $220,274 $190,895 $411,169 $4,438
2018 $220,668 $187,798 $408,466 $4,250
2017 $223,643 $193,783 $417,426 $4,231
2016 $180,378 $193,950 $374,328 $3,770
2015 $158,624 $148,106 $306,730 $3,358
2014 $290,381 $3,279
2013 $275,437 $3,282
2012 $250,398 $2,917
2011 $240,592 $2,828
2010 $251,667 $2,992
2009 $280,315 $3,017
2008 $417,298 $3,654
2007 $451,411 $3,997

Property facts

Year built
1974
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,037 sqft
Lot size
2,797 sqft
ZIP code
33051
City
Key Colony
Street
3rd St
Coordinates
24.72270, -81.01511

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,220
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 261 3rd St last sell?
261 3rd St most recently sold on Sep 15, 2023 for $870,000.
What is the current tax assessment for 261 3rd St?
The most recent total assessment for 261 3rd St (year 2025) is $643,769 with $6,581 in property tax.
How does 261 3rd St's assessment compare to its last sale price?
The current assessment is 26.0% below the last sale price of $870,000.
When was 261 3rd St built?
261 3rd St was built in 1974.
How does 261 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 261 3rd St?
261 3rd St is a 2 bed, 2 bath, 1,037 sqft, 2,797 sqft lot single_family.
Is 261 3rd St a flip candidate?
No — 261 3rd St does not appear in our flips dataset.
Is 261 3rd St a tax-appeal candidate?
No — 261 3rd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.7%
Implied 1-yr
-15.0%
2026 Q3
$1.03M
2026 Q4
$1.02M
ZIP 33051 — Median Price History + Forecast

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