NOT LISTED FOR SALE

1101 W Ocean Dr Unit 30 Key Colony Beach, FL 33051

Estimated Value: $281,000 - $343,000

2 Beds
2 Baths
990 Sq Ft
1 Acres

Last Sold March 20, 2024

Last sale price $280,000 $283 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,115/month

52 Days on Market

About This Home

As of March 2024

MOTIVATED & PRICED TO SELL! Turn key, excellent investment opportunity! 7 Day rentals are allowed. This two bedroom, two bath unit is complete with two ocean view balconies to enjoy the Tropical Breezes. Located on Key Colony Beach, a great community with a 9-hole golf course, pickleball courts, Sunset Park and Beach with great local restaurants. All impact windows & doors and new AC unit. Come and enjoy the spectacular pool, white sandy beach and the South Florida Sun. All offers will be entertained by owner.

Last Listed By

Charly Farritor

Lokation Real Estate License #3211077 Listed on: 12/01/2023

Lokation Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,332

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 2550.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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: Tennis Courts, Bike Paths, Other Area Features, Beach, Manager on Premises
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3921.33
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1973
  • Alternate Key Number: 1085502
  • 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: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 990.00
  • Pool Info Other Surroundings: Sandy Beach, Ocean
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Window Treatments, Smoke Alarms, Granite Counter Top
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), 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
  • Waterfront: No
  • 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, Buyer to Verify
  • Heating: Central

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00078901-000306
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Mar 19, 2024
Sold by
Joellen Abbott Hagge Revocable Trust and Hagge Joellen Abbott
Bought by
Longaberger Richard and Longaberger Amy
Seller's Agent
Charly Farritor
Lokation Real Estate
Buyer's Agent
Tommy Mack
List Price
$429,000
Sold Price
$280,000
Premium/Discount to List
-$149,000
-34.73%
Total Days on Market
52
Views
107
Current Estimated Value
$316,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,386
Avg. Annual Appreciation
11.42%
Original Mortgage
$210,000
Outstanding Balance
$207,770
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$108,616

Purchase Details

Listed on
Oct 20, 2012
Closed on
Apr 8, 2014
Sold by
Grimwood John and Grimwood Avril
Bought by
Hagge Joellen Abbott and Joellen Abbott Hagge Revocable
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Marina Cala
Key Colony Beach Realty
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%

Purchase Details

Closed on
Jan 27, 2014
Sold by
Grimwood John and Grimwood Avril
Bought by
Grimwood John and Grimwood Avril

Purchase Details

Closed on
Sep 1, 1996
Bought by
Hagge Joellen Abbott Revocable Trust 2/14/199

Purchase Details

Closed on
Jul 1, 1992
Bought by
Hagge Joellen Abbott Revocable Trust 2/14/199

Purchase Details

Closed on
Apr 1, 1990
Bought by
Hagge Joellen Abbott Revocable Trust 2/14/199

Purchase Details

Closed on
May 1, 1983
Bought by
Hagge Joellen Abbott Revocable Trust 2/14/199

Purchase Details

Closed on
Apr 1, 1978
Bought by
Hagge Joellen Abbott Revocable Trust 2/14/199

Range of Values:

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Average Value
Not Available
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
Longaberger Richard $280,000 None Listed On Document
Hagge Joellen Abbott $250,000 Attorney
Grimwood John -- Attorney
Hagge Joellen Abbott Revocable Trust 2/14/199 $100,000 --
Hagge Joellen Abbott Revocable Trust 2/14/199 $10,000 --
Hagge Joellen Abbott Revocable Trust 2/14/199 $120,000 --
Hagge Joellen Abbott Revocable Trust 2/14/199 $100,000 --
Hagge Joellen Abbott Revocable Trust 2/14/199 $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longaberger Richard $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $280,000 -26.1% $283 / Sq Ft
01/11/2024 01/11/24 Price Changed $379,000 -11.7% $383 / Sq Ft
12/01/2023 12/01/23 For Sale $429,000 +71.6% $433 / Sq Ft
04/08/2014 04/08/14 Sold $250,000 -23.1% $253 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
10/20/2012 10/20/12 For Sale $325,000 -- $328 / 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 $4,332 $366,740 -- $366,740
2023 $4,332 $406,869 $0 $406,869
2022 $3,921 $361,008 $0 $361,008
2021 $3,720 $326,611 $0 $326,611
2020 $3,388 $317,760 $0 $317,760
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

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Charly Farritor

    Lokation Real Estate

    (520) 271-5518

    11 Total Sales

    Charly Farritor
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Paulette Thompson PA

    Ocean Sotheby's International

    (305) 923-4106

    35 Total Sales

    Paulette Thompson PA
    Section Image

  • T

    Buyer's Agent in 2024

    Tommy Mack

  • L

    Seller's Agent in 2014

    Lynn Goodwin, P.a.

    Key Colony Beach Realty

  • M

    Buyer's Agent in 2014

    Marina Cala

    Key Colony Beach Realty

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 607642

APN: 00078901-000306

Florida Monroe County Key Colony Beach 33051

1101 W Ocean Dr Unit 30, Key Colony Beach, FL

Homes for Sale in Key Colony Beach, FL

This home is located at 1101 W Ocean Dr Unit 30, Key Colony Beach, FL 33051 since 01 December 2023 and is currently estimated at $316,386, approximately $319 per square foot. This property was built in 1973. 1101 W Ocean Dr Unit 30 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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