NOT LISTED FOR SALE

1001 W Ocean Dr Unit 1-208 Key Colony Beach, FL 33051

Estimated Value: $615,000 - $730,000

2 Beds
2 Baths
1,352 Sq Ft
$2,407/mo HOA Fee

Last Sold July 10, 2024

Last sale price $650,000 $481 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,414/month

28 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Sandy Beach
  • Coral Shores High School Rated A
  • Beach
  • Concrete Pool

About This Home

As of July 2024

Ocean Views from this nice, well maintained condo. Light and bright kitchen, and interior of this condo. The kitchen has a pantry, and the dining room is nicely lit. Dining room gives entry to the outdoor patio with its Ocean Views, and the covered walkway extends past both bedrooms. Ocean views from the Living Room, Dining Room and Both Bedrooms. Fully furnished and easy to show.

Last Agent to Sell the Property

Lynn Goodwin

Coldwell Banker Schmitt Real Estate Co. License #471296 Listed on: 05/28/2024

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

AIMEE KORNETTI

Coldwell Banker Schmitt Real Estate Co. License #3144819

Last Buyer's Agent

Dawn McComish

Lokation Real Estate License #3021595

Lokation Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,050

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $2,407 Monthly HOA Fees

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,352 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Grab Bars

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00078820-001600

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt, water, sewer
  • 38 Units
  • Monte Christo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Bike Trail

Pet Policy

  • Pet Restriction: 40 lbs

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,050

Year Built

Built in 1980

Lot Details

0

HOA Fees

$2,407 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 7220.00
  • Mandatory HOA: Yes
  • Control Depth: 1
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • 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: Community Pool, Bike Paths, Airstrip, Other Area Features, Beach, Manager on Premises, Tennis Courts
  • Pets W Restrictions: 40 lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5050.29
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking, Guest Parking, Open Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1980
  • Alternate Key Number: 8562438
  • Building Style: Temple
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1352.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Built-in Cabinets, Walk-in Closet(s), Pantry
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Grab Bars, None

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Stucco
  • Exterior Features: Lanai, Tennis Court(s), Sandy Beach
  • Roof: Tile Roof, Combo Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Municipal Sewer
  • Heating: Central, Separate Meters, Exhaust Fan, Electric

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE,AE,AE,AE,VE
  • Parcel Number: 00078820-001600
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 10, 2024
Sold by
Barnett Morton and Barnett Janet
Bought by
Rigg David and Rigg Lisa
Seller's Agent
Lynn Goodwin
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Dawn McComish
Lokation Real Estate
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Views
1
Current Estimated Value
$658,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,206
Avg. Annual Appreciation
1.07%

Purchase Details

Closed on
Jun 18, 2002
Sold by
Smith Virginia T Trust C
Bought by
Barnett Morton and Barnett Janet

Purchase Details

Closed on
May 9, 2001
Sold by
Virginia T Smith I
Bought by
Smith Virginia T Trust

Purchase Details

Closed on
Feb 1, 1993
Bought by
Barnett Morton and Barnett Janet

Purchase Details

Closed on
May 1, 1987
Bought by
Barnett Morton and Barnett Janet

Purchase Details

Closed on
Dec 1, 1984
Bought by
Barnett Morton and Barnett Janet

Purchase Details

Closed on
Dec 1, 1980
Bought by
Barnett Morton and Barnett Janet
Source: Public Records

Range of Values:

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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
Rigg David $4,550 None Listed On Document
Barnett Morton $375,000 --
Smith Virginia T Trust -- --
Barnett Morton $225,000 --
Barnett Morton $178,000 --
Barnett Morton $155,000 --
Barnett Morton $99,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $650,000 -6.5% $481 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $695,000 -- $514 / 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 $5,050 $492,359 -- $492,359
2023 $5,050 $545,898 $0 $545,898
2022 $4,535 $473,249 $0 $473,249
2021 $4,097 $362,164 $0 $362,164
2020 $3,797 $344,645 $0 $344,645
2019 $4,364 $403,449 $0 $403,449
2018 $4,204 $403,449 $0 $0
2017 $4,171 $410,771 $0 $0
2016 $4,527 $489,643 $0 $0
2015 $3,878 $360,645 $0 $0
2014 $3,975 $360,645 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Goodwin

    Seller's Agent in 2024

    Lynn Goodwin

    Coldwell Banker Schmitt Real Estate Co.

    (305) 731-5328

    110 Total Sales

    Lynn Goodwin
    Section Image
  • AIMEE KORNETTI

    Seller Co-Listing Agent in 2024

    AIMEE KORNETTI

    Coldwell Banker Schmitt Real Estate Co.

    (305) 600-9726

    139 Total Sales

    AIMEE KORNETTI
    Section Image
  • Dawn McComish

    Buyer's Agent in 2024

    Dawn McComish

    Lokation Real Estate

    (305) 395-3300

    103 Total Sales

    Dawn McComish
    Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 610206

APN: 00078820-001600

Florida Monroe County Key Colony Beach 33051

1001 W Ocean Dr Unit 1-208, Key Colony Beach, FL

This home is located at 1001 W Ocean Dr Unit 1-208, Key Colony Beach, FL 33051 since 28 May 2024 and is currently estimated at $658,206, approximately $486 per square foot. This property was built in 1980. 1001 W Ocean Dr Unit 1-208 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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