NOT LISTED FOR SALE

1101 W Ocean Dr Unit 14 Key Colony Beach, FL 33051

Estimated Value: $284,000 - $356,892

2 Beds
2 Baths
990 Sq Ft
$323/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $300,000 $303 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,979/month

35 Days on Market

Highlights

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

About This Home

As of July 2024

Motivated and priced to sell, this two-bedroom, two-bathroom condo is located on the first floor and conveniently situated near the pool. It can be rented for seven days, making it a great investment property. This unit will be furnished, so you can move right in! Enjoy the Key Colony Beach area, which offers walking/running paths and many restaurants. Enjoy the beach with the relaxing sound of the ocean.

Last Agent to Sell the Property

Charly Farritor

Lokation Real Estate License #3211077 Listed on: 04/09/2024

Lokation Real Estate

Co-Listed By

Paulette Thompson PA

Ocean Sotheby's International License #3225300

Last Buyer's Agent

Jamie Caudill

Island Breeze Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1973

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $850 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 990 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Monitored
  • Complete Accordion Shutters
  • Impact Glass
  • Fire Sprinkler System

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Tiki or Chickee Hut

Utilities

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

Additional Features

  • Accessible Parking
  • Ground Level

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078901-000202

Community Details

Overview

  • Association fees include cable, common area mnt, bldg exterior mnt, water, exterminating, sewer
  • 36 Units
  • Sea Isle Condominium Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,448

Year Built

Built in 1973

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 2550.00
  • Mandatory HOA: Yes
  • Voluntary HOA: No
  • Fee Includes: Cable, Common Area Mnt, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: 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: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4448.26
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking, Open Parking
  • Year Built: 1973
  • Alternate Key Number: 1085332
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 990.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Window Treatments, Fire Sprinkler, Granite Counter Top, Pantry
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: Parking

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Stucco
  • Exterior Features: Chickee Hut, Sandy Beach
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Buyer to Verify, Municipal Sewer
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00078901-000202
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jul 23, 2024
Sold by
Joellen Abbott Hagge Revocable Living Tr and Hagge Joellen Abbott
Bought by
Horgan Michael A and Horgan Arissa
Seller's Agent
Charly Farritor
Lokation Real Estate
Buyer's Agent
Jamie Caudill
Island Breeze Realty, LLC
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%
Views
51
Current Estimated Value
$321,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,223
Avg. Annual Appreciation
6.17%

Purchase Details

Closed on
Sep 22, 2005
Sold by
Hagge Joellen Abbott and Bennet Joellen
Bought by
Hagge Joellen Abbott and Revocable Living Trust Of Joel

Purchase Details

Closed on
Oct 9, 1996
Sold by
Marcon Michael E and Marcon Jeanette C
Bought by
Grimwood John and Grimwood Avril

Purchase Details

Closed on
Apr 21, 1994
Sold by
Kendrick Glenn S
Bought by
Hagge Joellen A

Purchase Details

Closed on
Feb 1, 1974
Bought by
Hagge Joellen Abbott Rev Liv Tr 10/06/1982
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
Horgan Michael A $300,000 None Listed On Document
Hagge Joellen Abbott -- --
Hagge Joellen Abbott -- --
Grimwood John $100,000 --
Hagge Joellen A $136,000 --
Hagge Joellen Abbott Rev Liv Tr 10/06/1982 $36,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $300,000 -14.0% $303 / Sq Ft
04/09/2024 04/09/24 For Sale $349,000 -- $353 / 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 $4,448 $393,605 -- $393,605
2023 $4,448 $436,035 $0 $436,035
2022 $4,028 $387,544 $0 $387,544
2021 $3,749 $327,278 $0 $327,278
2020 $3,484 $318,797 $0 $318,797
2019 $3,327 $325,279 $0 $325,279
2018 $3,063 $325,279 $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

  • C

    Seller's Agent in 2024

    Charly Farritor

    Lokation Real Estate

    (520) 271-5518

    11 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Paulette Thompson PA

    Ocean Sotheby's International

    (305) 923-4106

    30 Total Sales

    Section Image

  • J

    Buyer's Agent in 2024

    Jamie Caudill

    Island Breeze Realty, LLC

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 609514

APN: 00078901-000202

Florida Monroe County Key Colony Beach 33051

1101 W Ocean Dr Unit 14, Key Colony Beach, FL

This home is located at 1101 W Ocean Dr Unit 14, Key Colony Beach, FL 33051 since 09 April 2024 and is currently estimated at $319,473, approximately $322 per square foot. This property was built in 1973. 1101 W Ocean Dr Unit 14 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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