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571 8th St

Key Colony, FL 33051

5 bd 4 ba 2,333 sqft Built 1970 Lot 8,276 sqft multi_family
Most recent sale
$1,470,000
Mar 28, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 16, 2026 Sold $1,900,000 Marathon
Dec 20, 2024 Sold $1,950,000 KeyWest
Oct 10, 2024 Listing removed $1,999,999 Marathon
Jul 26, 2024 Price changed $1,999,999 Marathon
Jul 18, 2024 Price changed $2,099,000 Marathon
Jul 8, 2024 Price changed $2,324,000 Marathon
May 14, 2024 Relisted $2,349,000 Marathon
May 9, 2024 Listing removed $2,399,000 Marathon
Apr 26, 2024 Relisted $2,399,000 Marathon
Mar 21, 2024 Listing removed $2,399,000 Marathon
Mar 10, 2024 Relisted $2,399,000 Marathon
Mar 5, 2024 Listing removed $2,399,000 Marathon
Jan 8, 2024 Listing removed $2,399,000 Marathon
Dec 14, 2023 Price changed $2,399,000 Marathon
Dec 13, 2023 Relisted $2,199,000 Marathon
Nov 8, 2023 Listing removed $2,199,000 Marathon
Mar 28, 2023 Sold $1,470,000 Marathon
Feb 17, 2023 Price changed $1,495,000 MiamiMLS
Feb 10, 2023 Price changed $1,649,000 MiamiMLS
Feb 3, 2023 Listed $1,780,000 MiamiMLS
May 16, 2012 Sold $568,700 Public Record
Apr 29, 1998 Sold $286,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $956,923 $652,245 $1,609,168 $16,122
2022 $910,554 $10,256
2021 $827,776 $9,376
2020 $420,461 $332,063 $752,524 $8,203
2019 $426,284 $327,938 $754,222 $8,219
2018 $424,310 $327,938 $752,248 $7,900
2017 $666,464 $6,494
2016 $628,067 $6,456
2015 $619,012 $6,378
2014 $620,658 $6,548
2013 $490,609 $5,792
2012 $397,692 $4,799
2011 $457,722 $5,421
2010 $464,974 $5,590
2009 $476,268 $4,863
2008 $605,272 $5,131
2007 $696,123 $5,659

Property facts

Year built
1970
Property type
multi_family
Stories
2
Beds
5
Baths
4
Living area
2,333 sqft
Lot size
8,276 sqft
ZIP code
33051
City
Key Colony
Street
8th St
Coordinates
24.72465, -81.02203

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,820
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 571 8th St last sell?
571 8th St most recently sold on Mar 28, 2023 for $1,470,000.
What is the current tax assessment for 571 8th St?
The most recent total assessment for 571 8th St (year 2025) is $1,609,168 with $16,122 in property tax.
How does 571 8th St's assessment compare to its last sale price?
The current assessment is 9.5% above the last sale price of $1,470,000.
When was 571 8th St built?
571 8th St was built in 1970.
How does 571 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 571 8th St?
571 8th St is a 5 bed, 4 bath, 2,333 sqft, 8,276 sqft lot multi_family.
Is 571 8th St a flip candidate?
Yes — 571 8th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 571 8th St a tax-appeal candidate?
No — 571 8th 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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