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591 8th St

Key Colony, FL 33051

3 bd 2 ba 1,456 sqft Built 1974 Lot 4,125 sqft multi_family
Most recent sale
$785,000
Oct 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2024 Listing removed $579,000 Marathon
Jul 31, 2023 Sold $885,000 KeyWest
Apr 14, 2023 Listed $925,000 KeyWest
Feb 21, 2023 Price changed $948,000 KeyWest
Dec 9, 2022 Price changed $949,000 KeyWest
Oct 5, 2022 Price changed $999,000 MLS #602283
Sep 11, 2022 Price changed $1,099,000 MLS #602283
Aug 22, 2022 Listed $1,150,000 MLS #602283
Oct 7, 2021 Sold $785,000 MLS #597397
Sep 18, 2020 Sold $540,000 MLS #590776
Jul 16, 2020 Listing removed $579,000 FloridaKeys
Dec 1, 1997 Sold $148,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $272,078 $486,750 $758,828 $7,249
2022 $287,466 $379,500 $666,966 $6,875
2021 $194,783 $260,906 $455,689 $5,032
2020 $226,782 $247,500 $474,282 $5,047
2019 $232,101 $247,500 $479,601 $5,100
2018 $231,364 $247,500 $478,864 $4,904
2017 $236,642 $247,500 $484,142 $4,836
2016 $212,389 $247,500 $459,889 $4,707
2015 $205,879 $198,000 $403,879 $4,295
2014 $368,133 $4,077
2013 $334,667 $3,804
2012 $339,149 $3,872
2011 $308,318 $3,511
2010 $340,582 $3,910
2009 $424,342 $4,365
2008 $501,377 $4,332
2007 $563,325 $4,552

Property facts

Year built
1974
Property type
multi_family
Stories
Beds
3
Baths
2
Living area
1,456 sqft
Lot size
4,125 sqft
ZIP code
33051
City
Key Colony
Street
8th St
Coordinates
24.72490, -81.02209

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,694
Gross rental yield
4.12%
Implied cap rate
2.68%
Trend-extrapolated value

Frequently asked questions

When did 591 8th St last sell?
591 8th St most recently sold on Oct 7, 2021 for $785,000.
What is the current tax assessment for 591 8th St?
The most recent total assessment for 591 8th St (year 2025) is $758,828 with $7,249 in property tax.
How does 591 8th St's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $785,000.
When was 591 8th St built?
591 8th St was built in 1974.
How does 591 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 591 8th St?
591 8th St is a 3 bed, 2 bath, 1,456 sqft, 4,125 sqft lot multi_family.
Is 591 8th St a flip candidate?
Yes — 591 8th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 591 8th St a tax-appeal candidate?
No — 591 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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