581 8th St
Key Colony, FL 33051
3 bd 2 ba 1,439 sqft Built 1974 Lot 4,125 sqft multi_family
Most recent sale
$759,000
Oct 7, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 14, 2023 | Sold | $835,000 | KeyWest |
| Apr 14, 2023 | Listed | $875,000 | KeyWest |
| Mar 1, 2023 | Price changed | $897,000 | KeyWest |
| Feb 21, 2023 | Price changed | $898,000 | KeyWest |
| Jan 13, 2023 | Relisted | $899,000 | KeyWest |
| Dec 9, 2022 | Price changed | $924,000 | KeyWest |
| Nov 9, 2022 | Price changed | $974,000 | KeyWest |
| Oct 5, 2022 | Price changed | $999,000 | MLS #602282 |
| Sep 11, 2022 | Price changed | $1,099,000 | MLS #602282 |
| Aug 22, 2022 | Listed | $1,150,000 | MLS #602282 |
| Oct 7, 2021 | Sold | $759,000 | MLS #597552 |
| Sep 8, 2004 | Sold | $580,000 | Public Record |
| Jul 12, 2001 | Sold | $260,000 | Public Record |
| Sep 28, 1999 | Sold | $215,000 | Public Record |
| Dec 1, 1997 | Sold | $148,000 | Public Record |
| Feb 1, 1976 | Sold | $85,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $241,894 | $486,750 | $728,644 | $7,362 |
| 2022 | $289,716 | $379,500 | $669,216 | $6,897 |
| 2021 | $209,212 | $260,906 | $470,118 | $5,176 |
| 2020 | $215,110 | $247,500 | $462,610 | $4,934 |
| 2019 | $221,303 | $247,500 | $468,803 | $4,995 |
| 2018 | $221,878 | $247,500 | $469,378 | $4,815 |
| 2017 | $228,065 | $247,500 | $475,565 | $4,757 |
| 2016 | $223,322 | $247,500 | $470,822 | $4,721 |
Property facts
Year built
1974
Property type
multi_family
Stories
—
Beds
3
Baths
2
Living area
1,439 sqft
Lot size
4,125 sqft
ZIP code
33051
City
Key Colony
Street
8th St
Coordinates
24.72480, -81.02207
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,662
Gross rental yield
4.21%
Implied cap rate
2.74%
Trend-extrapolated value
—
Frequently asked questions
When did 581 8th St last sell?
581 8th St most recently sold on Oct 7, 2021 for $759,000.
What is the current tax assessment for 581 8th St?
The most recent total assessment for 581 8th St (year 2025) is $728,644 with $7,362 in property tax.
How does 581 8th St's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $759,000.
When was 581 8th St built?
581 8th St was built in 1974.
How does 581 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 581 8th St?
581 8th St is a 3 bed, 2 bath, 1,439 sqft, 4,125 sqft lot multi_family.
Is 581 8th St a flip candidate?
No — 581 8th St does not appear in our flips dataset.
Is 581 8th St a tax-appeal candidate?
No — 581 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