NOT LISTED FOR SALE

1101 W Ocean Dr Unit 12 Key Colony Beach, FL 33051

Estimated Value: $443,081 - $538,000

2 Beds
2 Baths
990 Sq Ft
1 Acres

Last Sold September 18, 2023

Last sale price $460,000 $465 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,203/month

102 Days on Market

Highlights

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

About This Home

As of September 2023

Looking for that 2nd home in the Keys that will also generate income? Weekly rentals allowed here at Sea Isle on Key Colony Beach! Unit 12 is located in the coveted oceanfront building and has gorgeous ocean views from the balcony! 2 bedrooms, 2 baths and sold furnished. Currently a successful vacation rental with bookings in place, ask for details. Beautiful sandy beach, tiki hut, lounging area and pool. Assigned parking space for 1 car and additional guest parking. On site manager. Key Colony Beach is a resort community in the Middle Florida Keys offering several restaurants, shops, 9 hole golf course, sports courts and an oceanfront park, all within walking or biking distance. Seller financing considered with 30% down, 8% interest, 5 year term.

Last Agent to Sell the Property

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615 Listed on: 05/07/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Natalie Bevis

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,155

Year Built

  • Built in 1973

Lot Details

  • Ocean Front
  • Sandy Beach

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 990 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078901-000112

Community Details

Overview

  • Property has a Home Owners Association
  • $2,200 Maintenance Fee
  • Association fees include cable, common area mnt, bldg exterior mnt, water, exterminating, sewer
  • Sea Isle Condominium Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,155

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Maintenance Fee: 2200.00
  • Mandatory HOA: Yes
  • Control Depth: 2
  • Fee Includes: Cable, Common Area Mnt, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • 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: Community Pool, Bike Paths, Other Area Features, Beach, Manager on Premises, Tennis Courts
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Ocean
  • State Province: FL
  • Taxes: 4155.21
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking, Open Parking
  • Year Built: 1973
  • Alternate Key Number: 1085308
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • 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: Drapes/Blinds Incl, Quartz Countertops
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Sandy Beach
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00078901-000112
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Sep 18, 2023
Sold by
Jusczak Greenwood Family Trust
Bought by
Dancing Sailfish Llc
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Natalie Bevis
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$549,000
Sold Price
$460,000
Premium/Discount to List
-$89,000
-16.21%
Views
330
Current Estimated Value
$504,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,087
Avg. Annual Appreciation
4.98%
Original Mortgage
$360,000
Outstanding Balance
$261,264
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$242,701

Purchase Details

Closed on
Mar 13, 2023
Sold by
Jusczak Timothy J
Bought by
Jusczak Timothy J and Greenwood-Jusczak Kerri L

Purchase Details

Closed on
Feb 1, 1991
Bought by
Bedrosian Living Trust 11/6/1996

Purchase Details

Closed on
May 1, 1985
Bought by
Bedrosian Living Trust 11/6/1996

Purchase Details

Closed on
Feb 1, 1974
Bought by
Bedrosian Living Trust 11/6/1996
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
Dancing Sailfish Llc $460,000 None Listed On Document
Jusczak Timothy J -- --
Jusczak Greenwood Family Trust -- --
Jusczak Timothy J -- --
Bedrosian Living Trust 11/6/1996 $130,000 --
Bedrosian Living Trust 11/6/1996 $60,800 --
Bedrosian Living Trust 11/6/1996 $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dancing Sailfish Llc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $460,000 -1.9% $465 / Sq Ft
08/02/2023 08/02/23 Price Changed $469,000 -6.0% $474 / Sq Ft
06/28/2023 06/28/23 Price Changed $499,000 -5.7% $504 / Sq Ft
05/31/2023 05/31/23 Price Changed $529,000 -3.6% $534 / Sq Ft
05/07/2023 05/07/23 For Sale $549,000 +3.6% $555 / Sq Ft
04/27/2022 04/27/22 Sold $530,000 +2.1% $535 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $519,000 -- $524 / 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 $5,024 $399,728 -- $399,728
2023 $5,024 $467,873 $0 $467,873
2022 $4,155 $416,529 $0 $416,529
2021 $3,806 $332,978 $0 $332,978
2020 $3,502 $324,347 $0 $324,347
2019 $3,345 $330,829 $0 $330,829
2018 $3,081 $330,829 $0 $0
2017 $2,551 $231,923 $0 $0
2016 $2,644 $231,923 $0 $0
2015 $2,638 $231,923 $0 $0
2014 $2,700 $231,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Puto

    Seller's Agent in 2023

    Amy Puto

    Coldwell Banker Schmitt Real Estate Co.

    (305) 766-1745

    288 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Natalie Bevis

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

  • Rick Servais

    Seller's Agent in 2022

    Rick Servais

    Coldwell Banker Schmitt Real Estate Co.

    (305) 433-0349

    219 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Monica Barrett

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6554

    232 Total Sales

    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605207

APN: 00078901-000112

Florida Monroe County Key Colony Beach 33051

1101 W Ocean Dr Unit 12, Key Colony Beach, FL

This home is located at 1101 W Ocean Dr Unit 12, Key Colony Beach, FL 33051 since 07 May 2023 and is currently estimated at $493,770, approximately $498 per square foot. This property was built in 1973. 1101 W Ocean Dr Unit 12 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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