$360,000
SOLD NOV 14, 2025

1101 W Ocean Dr Unit 23 Key Colony Beach, FL 33051

2 Beds
2 Baths
990 Sq Ft
$970/mo HOA Fee

Recently Sold

$364 Per Sq Ft

17% Below List Price

272 Days on Market

Highlights

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

About This Home

As of November 2025

Paradise found in Key Colony Beach with weekly rentals allowed! Discover oceanfront bliss at the highly sought-after Sea Isle Condominiums, offering an unparalleled Florida Keys lifestyle with amenities galore. Stroll along the private white sand beach, dip into the pool, or unwind amid lush, meticulously maintained grounds featuring a tiki hut and serene grassy spaces. This third-floor turnkey condo boasts two bedrooms, two bathrooms, and nearly 1,000 square feet of thoughtfully designed living space. Wake up to breathtaking ocean views from the primary bedroom's private balcony or catch a glimpse of the sea through the guest bedroom window. The beautifully updated kitchen is a chef's delight with granite countertops, wood cabinetry, and newer appliances, offering both style and functionality. The open-concept living and dining area make entertaining a breeze, while the recently installed 2021 AC and water heater provide peace of mind. This condo already has $20,000 in rental bookings for 2025, professionally managed by the association's on-site rental team, ensuring a seamless return on investment. Beyond Sea Isle's impressive amenities, immerse yourself in the vibrant lifestyle of Key Colony Beach. Within walking distance, enjoy tennis and pickleball courts, a 9-hole par-3 golf course, two children's playgrounds, a dog park, marinas, and an array of restaurants and bars. Don't miss the iconic Sunset Park, where stunning views and community events await. Quarterly condo fee is $2,550, excluding building insurances. Conveying fully furnished with rentals in place. Whether you're seeking a serene getaway, an investment property, or both, this is your chance to own a slice of paradise in the Florida Keys!

Last Agent to Sell the Property

Ally Kelley

Ocean Sotheby's International Realty License #SL3352184 Listed on: 12/16/2024

Ocean Sotheby's International Realty

Last Buyer's Agent

Michelle Wininger

Coldwell Banker Schmitt Real Estate Co. License #3561065

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,007

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $970 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Concrete Roof

Interior Spaces

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

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Pool

Outdoor Features

  • Balcony
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078901-000211

Community Details

Overview

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

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail
  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Pet Policy

  • No Pets Allowed

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,007

Year Built

Built in 1973 | Remodeled

Lot Details

1 Acres

HOA Fees

$970 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: 2910.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, 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: Tennis Courts, Bike Paths, Beach
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4007.37
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1973
  • Alternate Key Number: 1085421
  • Cooling Heating: Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 990.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Granite Counter Top
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Floor: Tile, Carpet
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00078901-000211
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Nov 14, 2025
Sold by
Vrbanic Marijan and Vrbanic Marianne Catherine
Bought by
Turnage Aaron and Turnage Cindy
Seller's Agent
Ally Kelley
Ocean Sotheby's International Realty
Buyer's Agent
Michelle Wininger
Coldwell Banker Schmitt Real Estate Co.
List Price
$434,888
Sold Price
$360,000
Premium/Discount to List
-$74,888
-17.22%
Views
319
Current Estimated Value
$364,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,974
Avg. Annual Appreciation
5.21%
Original Mortgage
$241,198
Outstanding Balance
$240,514
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$124,460

Purchase Details

Listed on
Feb 14, 2012
Closed on
May 25, 2012
Sold by
Baas Stephanie Anne and Margaret F Baas Trust
Bought by
Vrbanic Marijan and Vrbanic Marianne Catherine
Seller's Agent
Barbara Stevens
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Barbara Stevens
Coldwell Banker Schmitt Real Estate Co.
List Price
$285,000
Sold Price
$228,000
Premium/Discount to List
-$57,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%

Purchase Details

Closed on
Feb 17, 2012
Sold by
Baas Margaret
Bought by
Baas Stephanie Anne and Margaret F Baas Trust

Purchase Details

Closed on
Feb 1, 1975
Bought by
Vrbanic Marijan and Vrbanic Marianne Catherine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $360,000 None Listed On Document
Warranty Deed $228,000 Attorney
Interfamily Deed Transfer -- Attorney
Deed $41,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,198 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2025 11/14/25 Sold $360,000 -6.5% $364 / Sq Ft
09/14/2025 09/14/25 Pending -- -- --
08/19/2025 08/19/25 Price Changed $385,000 -3.7% $389 / Sq Ft
07/29/2025 07/29/25 Price Changed $399,995 -1.2% $404 / Sq Ft
05/31/2025 05/31/25 Price Changed $405,000 -1.0% $409 / Sq Ft
03/06/2025 03/06/25 Price Changed $408,888 -6.0% $413 / Sq Ft
12/16/2024 12/16/24 For Sale $434,888 +90.7% $439 / Sq Ft
05/29/2012 05/29/12 Sold $228,000 -20.0% $230 / Sq Ft View Prior Sale
05/12/2012 05/12/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $285,000 -- $288 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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
2025 $4,007 $343,925 -- $343,925
2024 $4,256 $356,362 -- $356,362
2023 $4,256 $394,130 $0 $394,130
2022 $3,857 $350,966 $0 $350,966
2021 $3,662 $318,593 $0 $318,593
2020 $3,361 $309,962 $0 $309,962
2019 $3,212 $316,152 $0 $316,152
2018 $2,960 $316,152 $0 $0
2017 $2,451 $220,879 $0 $0
2016 $2,540 $220,879 $0 $0
2015 $2,532 $220,879 $0 $0
2014 $2,591 $220,879 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 612721

APN: 00078901-000211

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