NOT LISTED FOR SALE

1001 W Ocean Dr Unit 1-204 Key Colony Beach, FL 33051

Estimated Value: $619,000 - $830,000

2 Beds
2 Baths
1,343 Sq Ft
6 Acres

Last Sold December 28, 2023

Last sale price $740,000 $551 Per Sq Ft

Current estimated payment $4,585/month

35 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Heated In Ground Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • Furnished

About This Home

As of December 2023

DIRECT OCEANFRONT UNIT with unobstructed ocean views. Watch the boats go by and enjoy the most amazing Ocean and Beachfront views from your covered balcony, living room, dining area, kitchen & primary bedroom. This highly desirable 2nd story unit offers new C/A, 1 car garage, gorgeous, turquoise blue water views of the American Caribbean. The peaceful nature of this beautiful complex envelopes you from the moment you set foot on the beautiful grounds. Fall asleep to gentle ocean waves, sip your morning coffee as you watch the sun dance along the ocean. Sunlight drenches the open concept living space and the easy flowing floor plan offers views from most rooms. This sunlight unit has a bright and airy feel with its spacious kitchen boasting bright white counters, a breakfast bar, beautiful views and an open concept to the dining and living rooms. An easy flow thru the sliding doors to the expansive balcony where endless turquoise water views abound. The primary bedroom is the perfect place to relax and recharge, complete with ensuite bath, new shower and sliders to the balcony, where the sights and sounds of the gorgeous Caribean ocean envelope you. The second bedroom is complete with queen size bed yet offers plenty of space to add another bed to accommodate family, friends or rental guests (if you desire to have income options). The well designed floor plan maximizes views all around from every room, including the laundry room which has views of the gorgeous pool. This highly desirable community of Monte Christo has luxurious and lush grounds that are meticulously maintained, 2 pools (one ocean front), a sandy beach, tennis courts, shuffleboard and your own garage, as well strong on site management. A small and luxurious feel abounds in this 38 unit complex. Key Colony Beach is the gem of the Middle Keys, where you can easily walk or bike and visit Sunset Park, marina, restaurants, 9 hole golf course. The gem of the middle keys. A must see. Motivated. Bring offer

Last Agent to Sell the Property

Michelle Wininger

Coldwell Banker Schmitt Real Estate Co. License #3561065 Listed on: 11/01/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758

Berkshire Hathaway HomeServices Keys Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,967

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Sandy Beach

Parking

  • 1 Car Garage

Interior Spaces

  • 1,343 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Sliding Doors
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00078820-001200

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, common area mnt, building insurance, bldg exterior mnt
  • Monte Christo Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts

Pet Policy

  • Pet Restriction: see attached

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,967

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 5285.00
  • Mandatory HOA: Yes
  • Document Count: 4
  • Fee Includes: Water, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Other Area Features, Beach, Manager on Premises
  • Pets W Restrictions: see attached
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5966.94
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 1
  • Year Built: 1980
  • Alternate Key Number: 8562390
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1343.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Elevator
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Sandy Beach, Tennis Court(s)
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Cable Available, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,AE,AE,AE,AE,VE
  • Parcel Number: 00078820-001200
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 28, 2023
Sold by
Marandino Robert J and Marandino Kathy
Bought by
Snowden Management Company
Seller's Agent
Michelle Wininger
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Tracy Chacksfield
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$875,000
Sold Price
$740,000
Premium/Discount to List
-$135,000
-15.43%
Views
49
Current Estimated Value
$740,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668
Avg. Annual Appreciation
1.33%

Purchase Details

Closed on
Mar 8, 2007
Sold by
Marandino Robert J
Bought by
Marandino Robert J and Marandino Kathy

Purchase Details

Closed on
Nov 29, 2004
Sold by
Marandino Evelyn M
Bought by
Marandino Robert J

Purchase Details

Closed on
May 14, 1998
Sold by
Marandino Bias A and Marandino Evelyn M
Bought by
Marandino Robert J

Purchase Details

Closed on
Apr 1, 1989
Bought by
Marandino Robert J and Marandino Kathy

Purchase Details

Closed on
Apr 1, 1987
Bought by
Marandino Robert J and Marandino Kathy

Purchase Details

Closed on
Jun 1, 1983
Bought by
Marandino Robert J and Marandino Kathy

Purchase Details

Closed on
May 1, 1982
Bought by
Marandino Robert J and Marandino Kathy

Purchase Details

Closed on
Nov 1, 1980
Bought by
Marandino Robert J and Marandino Kathy
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 Buyer Sale Price Title Company
Snowden Management Company $740,000 None Listed On Document
Marandino Robert J -- None Available
Marandino Robert J $106,849 --
Marandino Robert J -- --
Marandino Robert J $197,000 --
Marandino Robert J $175,000 --
Marandino Robert J $150,000 --
Marandino Robert J $187,000 --
Marandino Robert J $115,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $740,000 -12.8% $551 / Sq Ft
11/14/2023 11/14/23 Price Changed $849,000 -3.0% $632 / Sq Ft
11/01/2023 11/01/23 For Sale $875,000 -- $652 / 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 $6,601 $627,222 -- $627,222
2023 $6,601 $695,501 $0 $695,501
2022 $5,967 $621,318 $0 $621,318
2021 $5,469 $499,453 $0 $499,453
2020 $5,017 $471,165 $0 $471,165
2019 $5,087 $478,327 $0 $478,327
2018 $4,899 $478,327 $0 $0
2017 $4,784 $486,758 $0 $0
2016 $4,966 $557,743 $0 $0
2015 $4,174 $391,390 $0 $0
2014 $4,279 $391,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Wininger

    Seller's Agent in 2023

    Michelle Wininger

    Coldwell Banker Schmitt Real Estate Co.

    (860) 707-5389

    64 Total Sales

    Michelle Wininger
    Section Image

  • T

    Buyer's Agent in 2023

    Tracy Chacksfield

    Berkshire Hathaway HomeServices Keys Real Estate

    (312) 350-4601

    68 Total Sales

    Tracy Chacksfield
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 607251

APN: 00078820-001200

Florida Monroe County Key Colony Beach 33051

1001 W Ocean Dr Unit 1-204, Key Colony Beach, FL

This home is located at 1001 W Ocean Dr Unit 1-204, Key Colony Beach, FL 33051 since 01 November 2023 and is currently estimated at $740,668, approximately $551 per square foot. This property was built in 1980. 1001 W Ocean Dr Unit 1-204 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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