1101 W Ocean Dr Unit 9 Key Colony Beach, FL 33051
Estimated Value: $618,968 - $794,000
2
Beds
2
Baths
990
Sq Ft
1
Acres
Highlights
- Ocean Front
- Sandy Beach
- Furnished
- Coral Shores High School Rated A
- Concrete Pool
- Granite Countertops
About This Home
As of December 2022First time to market in over 30 years, and there's a reason why - with expansive open views of the Atlantic Ocean, it is hard for anyone to leave this piece of paradise. Smell the salty air and watch the waves crash ashore while drinking your morning coffee and watching the sunrise. This pristinely kept seven-day vacation rental is positioned in Key Colony Beach on a white sandy beach. Offering a top-floor condo with multi-million dollar views overlooking the Atlantic Ocean, this two-bedroom, two-bathroom has had plenty of upgrades since 2018. Including tile floor throughout with white cabinets and granite countertops, new vanities, cabinets, and glass shower doors in each bathroom. The AC was updated in 2018 with impact windows and glass slider. Plenty of ocean views from every window. The master bedroom is complete with one-of-a-kind views surrounded by water. This turn key vacation rental comes fully furnished with bookings in place.
Last Listed By
Ocean Sotheby's International License #SL 3339550 Listed on: 10/23/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,364
Year Built
- Built in 1973 | Remodeled
Lot Details
- Ocean Front
- Sandy Beach
Home Design
- Tar and Gravel Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 990 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling Fan
- Blinds
- Tile Flooring
- Ocean Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
Parking
- Guest Parking
- Open Parking
- Assigned Parking
Pool
- Concrete Pool
- Heated 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 00078901-000109
Community Details
Overview
- Property has a Home Owners Association
- $2,000 Maintenance Fee
- Association fees include bldg exterior mnt, sewer, water, exterminating, common area mnt, cable
- Sea Isle Condominium Subdivision
Pet Policy
- No Pets Allowed
Security
- Complete Accordion Shutters
- Impact Glass
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2022
Closed on
Dec 12, 2022
Sold by
Newhouse Carole A
Bought by
Webb Stephanie L and Webb John Eric
Seller's Agent
Frank Griffiths
Ocean Sotheby's International
Buyer's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co. Lower Keys Office
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%
Total Days on Market
10
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,258
Avg. Annual Appreciation
-2.85%
Original Mortgage
$612,000
Outstanding Balance
$596,761
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$74,981
Purchase Details
Closed on
Nov 24, 2021
Sold by
Newhouse Carole A
Bought by
Newhouse Carole A and Nash Diana Lea
Purchase Details
Closed on
Sep 2, 2018
Sold by
Newhouse Carole A and Newhouse Carole
Bought by
Newhouse Carole A
Purchase Details
Closed on
Jan 5, 2018
Sold by
Newhouse Carole A
Bought by
Newhouse Carole A
Purchase Details
Closed on
Sep 19, 2013
Sold by
Newhouse Carole A
Bought by
Newhouse Newhouse Sandra Lea Sandra Lea and Newhouse Nash Diana
Purchase Details
Closed on
Aug 1, 1992
Bought by
Newhouse Carole L and Newhouse E
Purchase Details
Closed on
Sep 1, 1989
Bought by
Newhouse Carole L and Newhouse E
Purchase Details
Closed on
Feb 1, 1975
Bought by
Newhouse Carole L and Newhouse E
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Similar Homes in Key Colony Beach, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Webb Stephanie L | $720,000 | -- | |
| Newhouse Carole A | -- | Accommodation | |
| Newhouse Carole A | -- | Attorney | |
| Newhouse Carole A | -- | Attorney | |
| Newhouse Newhouse Sandra Lea Sandra Lea | -- | Attorney | |
| Newhouse Carole L | $174,000 | -- | |
| Newhouse Carole L | $152,500 | -- | |
| Newhouse Carole L | $32,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Webb Stephanie L | $612,000 | |
| Previous Owner | Newhouse Carole | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2022 12/13/22 | Sold | $720,000 | -3.9% | $727 / Sq Ft |
| 10/23/2022 10/23/22 | For Sale | $749,000 | -- | $757 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $6,140 | $527,736 | -- | $527,736 |
| 2023 | $6,140 | $583,926 | $0 | $583,926 |
| 2022 | $4,807 | $450,154 | $0 | $450,154 |
| 2021 | $4,364 | $390,518 | $0 | $390,518 |
| 2020 | $3,973 | $381,887 | $0 | $381,887 |
| 2019 | $3,795 | $389,537 | $0 | $389,537 |
| 2018 | $3,494 | $389,537 | $0 | $0 |
| 2017 | $2,851 | $265,055 | $0 | $0 |
| 2016 | $2,958 | $265,055 | $0 | $0 |
| 2015 | $2,957 | $265,055 | $0 | $0 |
| 2014 | $3,028 | $265,055 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Griffiths
Seller's Agent in 2022
Frank Griffiths
Ocean Sotheby's International
(305) 563-1838
117 Total Sales
-
D
Buyer's Agent in 2022
Donna Pezzi
Coldwell Banker Schmitt RE Co. Lower Keys Office
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 602814
APN: 00078901-000109
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