$524,500

1101 W Ocean Dr Unit 1 Key Colony Beach, FL 33051

Estimated payment $4,186/month

Total Views 6,499
2 Beds
2 Baths
990 Sq Ft
$530 Price per Sq Ft

Highlights

  • Ocean Front
  • Beach
  • Furnished
  • Coral Shores High School Rated A
  • Concrete Pool
  • Balcony

About This Home

Enjoy the convenience of having a private beach access steps away from your door! Come see for yourself why this property has been treasured by the family for over 45 years. Indulge in the beauty of the Florida Keys with this rare opportunity to own a pristine beachfront condo. This freshly painted ground level two-bedroom, two-bathroom haven offers breathtaking views of the Atlantic Ocean from every window. Sip your morning coffee enjoying the morning breeze on the balcony as the waves lap the shores and the sun rises above the horizon. With a private beach access at your feet, you can easily spend your days lounging on the white sandy beach, swimming in the crystal clear water, and soaking up the warm Keys sunshine. The condo itself is a turn-key vacation rental, fully furnished and bookings already in place. With similar oceanfront condos grossing over $75,000 in the past year with quite a few weeks of owner usage, this property has the potential to generate significant rental income. The spacious master bedroom boasts unparalleled views of the ocean, creating a peaceful and serene setting for relaxation. The property also includes a large heated pool, a tiki hut for shade, and a BBQ area for grilling up your catch of the day. You'll have everything you need for the ultimate beach vacation. This is your chance to own a piece of paradise in the coveted Key Colony Beach. Come see for yourself what makes this property special!

Listing Agent

Frank Griffiths

Ocean Sotheby's International License #SL 3339550 Listed on: 01/09/2025

Ocean Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 1973

Lot Details

  • Ocean Front

HOA Fees

  • $908 Monthly HOA Fees

Interior Spaces

  • 990 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00078901-000101

Community Details

Overview

  • Association fees include cable, common area mnt, bldg exterior mnt, water, exterminating, sewer
  • Sea Isle Condominium Subdivision

Recreation

  • Beach

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,267

Year Built

Built in 1973

Lot Details

0

HOA Fees

$908 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 2725.00
  • Mandatory HOA: Yes
  • Control Depth: 1
  • Fee Includes: Cable, Common Area Mnt, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Manager on Premises, Beach
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4267.42
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Guest Parking, Open Parking
  • Year Built: 1973
  • Alternate Key Number: 1085197
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 990.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Smoke Alarms
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00078901-000101
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Average Value
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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 $5,090 $450,083 -- $450,083
2023 $5,090 $498,680 $0 $498,680
2022 $4,602 $443,141 $0 $443,141
2021 $4,314 $383,818 $0 $383,818
2020 $3,951 $375,337 $0 $375,337
2019 $3,773 $382,987 $0 $382,987
2018 $3,472 $382,987 $0 $0
2017 $2,851 $265,055 $0 $0
2016 $2,958 $265,055 $0 $0
2015 $2,957 $265,055 $0 $0
2014 $3,028 $265,055 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 For Sale $524,500 -- $530 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $7,142 None Listed On Document
Warranty Deed $804,285 None Listed On Document
Warranty Deed $7,142 None Listed On Document
Warranty Deed -- Attorney
Warranty Deed $804,285 None Listed On Document
Warranty Deed $900,000 Thomas D Wright
Warranty Deed $7,142 None Listed On Document
Warranty Deed $7,142 None Listed On Document
Deed $87,300 --
Source: Public Records

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613034

APN: 00078901-000101

Florida Monroe County Key Colony Beach 33051

1101 W Ocean Dr Unit 1, Key Colony Beach, FL

This home is located at 1101 W Ocean Dr Unit 1, Key Colony Beach, FL 33051 and is currently priced at $524,500, approximately $529 per square foot. This property was built in 1973. 1101 W Ocean Dr Unit 1 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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Nearby Homes
Frank Griffiths
Listing Agent
Frank Griffiths
Section Image
Ocean Sotheby's International
(305) 563-1838