481 8th St
Key Colony, FL 33051
3 bd 3 ba 2,080 sqft Built 2001 Lot 4,125 sqft multi_family
Most recent sale
$1,200,000
Apr 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 1, 2024 | Listing removed | $580,000 | Marathon |
| Apr 6, 2022 | Sold | $1,200,000 | MLS #599678 |
| Feb 16, 2022 | Listed | $1,250,000 | MLS #599678 |
| Jul 16, 2020 | Listing removed | $580,000 | FloridaKeys |
| May 9, 2013 | Sold | $467,000 | MLS #559110 |
| Jan 28, 2013 | Price changed | $529,000 | MLS #559110 |
| Jan 4, 2013 | Price changed | $549,000 | MLS #559110 |
| Nov 16, 2012 | Listing removed | $559,000 | KeyWest |
| Oct 2, 2012 | Listed | $559,000 | MLS #559110 |
| Oct 1, 2012 | Listed | $529,000 | MLS #559110 |
| Sep 30, 2012 | Listing removed | $580,000 | FloridaKeys |
| Feb 16, 2012 | Price changed | $580,000 | MLS #555550 |
| Jul 30, 2011 | Listed | $610,000 | MLS #555550 |
| Jul 29, 2011 | Listed | $580,000 | MLS #555550 |
| Apr 8, 1999 | Sold | $133,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $711,905 | $486,750 | $1,198,655 | $11,687 |
| 2023 | $645,858 | $474,375 | $1,120,233 | $11,300 |
| 2021 | $365,900 | $260,906 | $626,806 | $6,741 |
| 2020 | $358,228 | $247,500 | $605,728 | $6,315 |
| 2019 | $367,792 | $247,500 | $615,292 | $6,410 |
| 2018 | $371,896 | $247,500 | $619,396 | $6,208 |
| 2017 | $343,853 | $247,500 | $591,353 | $5,806 |
| 2016 | $336,396 | $247,500 | $583,896 | $5,873 |
| 2015 | $317,690 | $198,000 | $515,690 | $5,371 |
Property facts
Year built
2001
Property type
multi_family
Stories
3
Beds
3
Baths
3
Living area
2,080 sqft
Lot size
4,125 sqft
ZIP code
33051
City
Key Colony
Street
8th St
Coordinates
24.72379, -81.02182
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,848
Gross rental yield
3.85%
Implied cap rate
2.50%
Trend-extrapolated value
—
Frequently asked questions
When did 481 8th St last sell?
481 8th St most recently sold on Apr 6, 2022 for $1,200,000.
What is the current tax assessment for 481 8th St?
The most recent total assessment for 481 8th St (year 2025) is $1,198,655 with $11,687 in property tax.
How does 481 8th St's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $1,200,000.
When was 481 8th St built?
481 8th St was built in 2001.
How does 481 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 481 8th St?
481 8th St is a 3 bed, 3 bath, 2,080 sqft, 4,125 sqft lot multi_family.
Is 481 8th St a flip candidate?
No — 481 8th St does not appear in our flips dataset.
Is 481 8th St a tax-appeal candidate?
No — 481 8th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.7%
Implied 1-yr
-15.0%
2026 Q3
$1.03M
2026 Q4
$1.02M
ZIP 33051 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 8th St