$890,000
UNDER CONTRACT $435K PRICE DROP

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

Estimated payment $5,298/month

Total Views 7,608
2 Beds
2 Baths
1,360 Sq Ft
$654 Price per Sq Ft

About This Home

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.

Listing Agent

Teri Hiller

Coldwell Banker Schmitt Real Estate Co. License #3322619

Coldwell Banker Schmitt Real Estate Co.

Co-Listing Agent

Joshua Mothner

Coldwell Banker Schmitt Real Estate Co. License #659317

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,358

Year Built

1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 7896.00
  • Mandatory HOA: Yes
  • Contingent: Contingent/Show
  • 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
  • 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: UnderContract
  • 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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price Change Sq Ft Price
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®

Deed History

Date Type Sale Price Title Company
Warranty Deed $879,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Deed $450,000 --
Warranty Deed -- --
Warranty Deed $113,500 --
Source: Public Records

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608705

APN: 00078820-001100