NOT LISTED FOR SALE

1025 W Ocean Dr Unit 3 Key Colony Beach, FL 33051

Estimated Value: $740,000 - $918,000

2 Beds
2 Baths
1,308 Sq Ft
$800/mo HOA Fee

Last Sold January 25, 2016

Last sale price $640,000 $489 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,805/month

251 Days on Market

Highlights

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

About This Home

As of January 2016

FLORIDA KEYS LIVING AT ITS BEST! Enjoy Sunsets and Sunrises from this Condo. Only five units in the building. Gated and walled for total privacy; pool with Outdoor kitchen and bath for outdoor cookouts and parties. Every detail has been tended to, granite counter tops, custom cabinets, walk-in showers, open balcony, tile floors and much more. All you need is your swimsuit and toothbrush.

Last Listed By

Karen Cooper

Florida Keys Real Estate Group License #3043173 Listed on: 05/08/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,820

Year Built

  • Built in 1978

Lot Details

  • Ocean Front
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Fruit Trees

HOA Fees

  • $800 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,308 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Blinds
  • French Doors
  • Entrance Foyer
  • Storage
  • Ocean Views
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Electric Gate
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Attached Grill

Utilities

  • Heat Pump System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00078870-000300

Community Details

Overview

  • Association fees include bldg exterior mnt, security, water, sewer, exterminating, common area mnt, cable, building insurance
  • 5 Units
  • Egret Subdivision

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,820

Year Built

Built in 1978

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • Association Fee: 800.00
  • Mandatory HOA: No
  • Control Depth: 1
  • Fee Includes: Bldg Exterior Mnt, Security, Water, Sewer, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 54.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4820.26
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking, Carport
  • Vehicle Storage Cars: 2
  • Year Built: 1978
  • Alternate Key Number: 1085120
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 61600.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 1308.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Granite Counter Top, Elevator, Fire Sprinkler, Entrance Foyer, Drapes/Blinds Incl
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, More Appliances, Ice Machine, Dryer, Disposal
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Water Display, Storage, Sandy Beach, Privacy Wall/Fence, Outdoor Kitchen, Outdoor Shower, Lighting, Fencing, Hot Tub, Gazebo, Fruit Tree(s), Built-in Grill
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, FKAA, Elect Separate Meter, Community Swr Plant, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE 8
  • Parcel Number: 00078870-000300
  • Lot Size: 80 X 770
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.41

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2014

Multi Family

  • Total Units: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2018
Sold by
Soldan Howard
Bought by
Ginsberg Lawrence P and Clare Colleen A
Total Days on Market
251
Current Estimated Value
$826,241

Purchase Details

Listed on
May 8, 2015
Closed on
Jan 22, 2016
Sold by
Lafever Dennis L and Lafever Jacqueline R
Bought by
Soldan Howard
Seller's Agent
Karen Cooper
Florida Keys Real Estate Group
Buyer's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
List Price
$750,000
Sold Price
$640,000
Premium/Discount to List
-$110,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$200,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2012
Closed on
Feb 20, 2013
Sold by
Mulkin James W and Mulkin Mary Ann
Bought by
Lafever Dennis L and Lafever Jacqueline R
Seller's Agent
Guy Moreau
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Karen Cooper
Karem Kramer Realty (KW)
List Price
$585,000
Sold Price
$525,000
Premium/Discount to List
-$60,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$393,750
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 25, 2011
Sold by
Fiorita Joseph A
Bought by
Mulkin James W and Mulkin Mary Ann

Purchase Details

Closed on
May 1, 1986
Bought by
Soldan Howard

Purchase Details

Closed on
Dec 1, 1978
Bought by
Soldan Howard

Range of Values:

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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
Ginsberg Lawrence P $697,000 Attorney
Soldan Howard $640,000 All Keys Title & Notary Svcs
Lafever Dennis L $525,000 Attorney
Mulkin James W $520,000 Attorney
Soldan Howard $173,000 --
Soldan Howard $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soldan Ii Howard $338,000
Previous Owner Soldan Howard $200,000
Previous Owner Lafever Dennis L $200,000
Previous Owner Lafever Dennis L $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2016 01/25/16 Sold $640,000 -14.7% $489 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
05/08/2015 05/08/15 For Sale $750,000 +42.9% $573 / Sq Ft
02/21/2013 02/21/13 Sold $525,000 -10.3% $401 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
05/01/2012 05/01/12 For Sale $585,000 -- $447 / Sq Ft
Source: Florida Keys Board 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 $7,441 $719,127 -- $719,127
2023 $7,441 $719,127 $0 $719,127
2022 $7,062 $686,450 $0 $686,450
2021 $6,903 $642,882 $0 $642,882
2020 $6,803 $656,312 $0 $656,312
2019 $6,224 $596,051 $0 $596,051
2018 $6,143 $637,599 $0 $0
2017 $5,375 $543,716 $0 $0
2016 $5,646 $565,688 $0 $0
2015 $5,397 $565,688 $0 $0
2014 $4,820 $446,028 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 567461

Florida Keys Board of REALTORS®

APN: 00078870-000300