$350,000
UNDER CONTRACT $50K PRICE DROP

1101 W Ocean Dr Unit 29 Key Colony Beach, FL 33051

Estimated payment $3,111/month

Total Views 5,206
2 Beds
2 Baths
990 Sq Ft
$354 Price per Sq Ft

Highlights

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

About This Home

Beachfront Community Bargain. This absolutely charming 2-bedroom, 2-bath condo in the Sea Isle complex is the most affordably priced unit currently available in all of Key Colony Beach. Sold fully furnished and turn key, it's ready for you to enjoying or start collecting rental income immediately. Light-filled and spacious, the property offers tasteful updates, two balconies--including one off the primary suite with peekaboo views of the ocean--and a relaxed coastal vibe throughout.Set in an oceanfront community, you'll enjoy direct access to a sandy beach on the Atlantic, a sparkling swimming pool, lush tropical landscaping, and an oceanfront lawn perfect for sunbathing or gathering under the tiki hut with outdoor grills.All state-required inspections have been completed and passed with flying colors. Weekly rentals are permitted, and this unit has a successful rental history, along with upcoming bookings. Key Colony Beach is a walkable, golf cart-friendly island with its own police department, a 9-hole golf course, tennis and pickleball courts, playgrounds, Sunset Park, and several dining options just a short stroll away.If you've been searching for an affordable piece of paradise in the Florida Keys, this is it. Motivated Seller. Bring offer and start enjoying the Keys life or passive income.

Listing Agent

Michelle Wininger

Coldwell Banker Schmitt Real Estate Co. License #3561065 Listed on: 05/19/2025

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,904

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $937 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Open Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • No Rentals Allowed

Community Details

Overview

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

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,904

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$937 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: 2810.00
  • Mandatory HOA: Yes
  • Contingent: Contingent/Show
  • Document Count: 2
  • Fee Includes: Cable, Common Area Mnt, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths, Other Area Features
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 3904.05
  • Title: Title Ins - Buyer, Negotiable
  • Vehicle Storage: Assigned Parking, Open Parking
  • Year Built: 1973
  • Alternate Key Number: 1085499
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: Yes
  • 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
  • Statistical Purposes Only: No
  • Special Features: UnderContract
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Floor: Carpet, Laminate
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Chickee Hut, Sandy Beach
  • Waterview: Ocean View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: No
  • Furnished: Furnished

Tax Info

  • Tax Year: 2025

Multi Family

  • Total Units: 36.00

Map

Range of Values:

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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 $4,148 $345,462 -- $345,462
2023 $4,148 $383,230 $0 $383,230
2022 $3,756 $340,066 $0 $340,066
2021 $3,553 $307,693 $0 $307,693
2020 $3,326 $299,362 $0 $299,362
2019 $3,177 $305,552 $0 $305,552
2018 $2,924 $305,552 $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

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $350,000 -4.1% $354 / Sq Ft
07/03/2025 07/03/25 Price Changed $365,000 -3.9% $369 / Sq Ft
06/10/2025 06/10/25 Price Changed $379,900 -5.0% $384 / Sq Ft
05/19/2025 05/19/25 For Sale $399,900 +77.7% $404 / Sq Ft
04/07/2014 04/07/14 Sold $225,000 -11.8% $227 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
06/01/2013 06/01/13 For Sale $255,000 -- $258 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 Wolfe Stevens Pllc
Deed $225,000 Attorney
Warranty Deed $125,000 --
Warranty Deed $93,000 --
Deed $47,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $269,500 New Conventional
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 615077

APN: 00078901-000305