$880,000
SOLD MAY 9, 2025

1001 W Ocean Dr Unit 1-203 Key Colony Beach, FL 33051

2 Beds
2 Baths
1,360 Sq Ft
$2,632/mo HOA Fee

Recently Sold

$647 Per Sq Ft

34% Below List Price

411 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Beach
  • Coral Shores High School Rated A
  • Boat Ramp
  • Sandy Beach

About This Home

As of May 2025

Luxury 2nd floor CORNER unit offers Breathtaking Open Water Unobstructed Panoramic Views of the Ocean. Extra side windows allow for an abundance of natural light to flow throughout this open floor plan. The moment you step through the doors is like looking over your very own Infinity Pool. Enjoy the Sunrise, Sparkling Turquoise Waters and White Sandy Beach in this Southeast facing Unit on Key Colony Beach. Recently updated so move in ready! Wrap-around Balcony allows you to bring the outside in and enjoy all the Florida Keys has to offer. Unit comes with detached 1 Car Garage, 2 Pools, Tennis and Shuffleboard Courts and is centrally located making it easy to explore our beautiful Island attractions and restaurants.

Last Agent to Sell the Property

Teri Hiller

Coldwell Banker Schmitt Real Estate Co. License #3322619 Listed on: 02/12/2024

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

Joshua Mothner

Coldwell Banker Schmitt Real Estate Co. License #659317

Last Buyer's Agent

Michelle Wininger

Coldwell Banker Schmitt Real Estate Co. License #3561065

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,358

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $2,632 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,360 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Guest Parking
  • Open Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • In Ground Pool
  • Airstrip
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00078820-001100

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • Monte Christo Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pet Restriction: YES

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,358

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$2,632 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 7896.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Handicap Access: Yes
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip, Other Area Features, Beach, Manager on Premises, Tennis Courts
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4358.24
  • Vehicle Storage: Garage, Guest Parking, Open Parking, Detached
  • Year Built: 1980
  • Alternate Key Number: 8562276
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1360.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Entrance Foyer, Quartz Countertops, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Fire Sprinkler, Elevator
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Sandy Beach, Tennis Court(s)
  • Roof: Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,AE,AE,VE
  • Parcel Number: 00078820-001100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
May 9, 2025
Sold by
Vickrey Beth Ramsay
Bought by
Behrens Brian and Behrens Tina
Seller's Agent
Teri Hiller
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Michelle Wininger
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,325,000
Sold Price
$880,000
Premium/Discount to List
-$445,000
-33.58%
Views
58
Current Estimated Value
$853,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,445
Avg. Annual Appreciation
-7.92%
Original Mortgage
$704,000
Outstanding Balance
$703,381
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$150,174

Purchase Details

Listed on
Sep 3, 2021
Closed on
Sep 29, 2021
Sold by
Lyons Robert M
Bought by
Vickrey Beth Ramsay
Seller's Agent
Trish Hintze
Century 21 Schwartz Realty MTH
Buyer's Agent
Teri Hiller
Coldwell Banker Schmitt Real Estate Co.
List Price
$879,000
Sold Price
$879,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.03%

Purchase Details

Closed on
Apr 2, 2019
Sold by
Lyons Robert M
Bought by
Lyons Robert M and Robert M Lyons Revocable Trust

Purchase Details

Closed on
Apr 15, 2003
Sold by
Tuweep Pass Llc
Bought by
Lyons Robert M and Lyons Deborah A

Purchase Details

Closed on
Jan 24, 2003
Sold by
Trust Company Of Illinois
Bought by
Tuweep Pass Llc

Purchase Details

Closed on
Jun 27, 1995
Sold by
Gary Wheaton & Co
Bought by
Pickford John B

Purchase Details

Closed on
Dec 1, 1980
Bought by
Lyons Robert M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $880,000 None Listed On Document
Warranty Deed $879,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Deed $450,000 --
Warranty Deed -- --
Warranty Deed $113,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $704,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $880,000 -1.1% $647 / Sq Ft
02/19/2025 02/19/25 Price Changed $890,000 -6.3% $654 / Sq Ft
01/07/2025 01/07/25 Price Changed $950,000 -4.5% $699 / Sq Ft
06/10/2024 06/10/24 Price Changed $995,000 -15.3% $732 / Sq Ft
04/05/2024 04/05/24 Price Changed $1,175,000 -7.8% $864 / Sq Ft
03/05/2024 03/05/24 Price Changed $1,275,000 -3.8% $938 / Sq Ft
02/12/2024 02/12/24 For Sale $1,325,000 +50.7% $974 / Sq Ft
09/29/2021 09/29/21 Sold $879,000 0.0% $609 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $879,000 0.0% $609 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $879,000 -- $609 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,358 $459,561 -- --
2023 $4,358 $446,176 $0 $0
2022 $4,237 $433,181 $0 $0
2021 $5,050 $499,808 $0 $499,808
2020 $4,823 $492,908 $0 $492,908
2019 $4,899 $500,683 $0 $500,683
2018 $5,106 $500,683 $0 $0
2017 $5,034 $510,351 $0 $0
2016 $5,223 $584,733 $0 $0
2015 $4,413 $416,162 $0 $0
2014 $4,525 $416,162 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Teri Hiller

    Seller's Agent in 2025

    Teri Hiller

    Coldwell Banker Schmitt Real Estate Co.

    (305) 481-0361

    14 in this area

    81 Total Sales

    Teri Hiller
    Section Image
  • Joshua Mothner

    Seller Co-Listing Agent in 2025

    Joshua Mothner

    Coldwell Banker Schmitt Real Estate Co.

    (305) 743-5181

    13 in this area

    171 Total Sales

    Joshua Mothner
    Section Image
  • Michelle Wininger

    Buyer's Agent in 2025

    Michelle Wininger

    Coldwell Banker Schmitt Real Estate Co.

    (860) 707-5389

    6 in this area

    63 Total Sales

    Michelle Wininger
    Section Image
  • Sam Williams

    Buyer Co-Listing Agent in 2025

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    50 in this area

    599 Total Sales

    Sam Williams
    Section Image

  • T

    Seller's Agent in 2021

    Trish Hintze

    Century 21 Schwartz Realty MTH

  • K

    Seller Co-Listing Agent in 2021

    Kathryn Rummery

    Waterfront Specialists

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608705

APN: 00078820-001100

Florida Monroe County Key Colony Beach 33051

1001 W Ocean Dr Unit 1-203, Key Colony Beach, FL

This home is located at 1001 W Ocean Dr Unit 1-203, Key Colony Beach, FL 33051 and is currently priced at $880,000, approximately $647 per square foot. This property was built in 1980. 1001 W Ocean Dr Unit 1-203 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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