NOT LISTED FOR SALE

1121 W Ocean Dr Unit 15 Key Colony Beach, FL 33051

Estimated Value: $343,619 - $418,000

1 Bed
1 Bath
467 Sq Ft
2 Acres

Last Sold January 06, 2017

Last sale price $192,500 $412 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,414/month

Highlights

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

About This Home

As of January 2017

Listed for Statistical purposes only. Ocean front complex studio with kitchenette, full bath, balcony, Pool and Beach.

Last Listed By

Lynn Goodwin, P.a.

Key Colony Beach Realty Listed on: 01/06/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1973

Lot Details

  • Ocean Front
  • Sandy Beach

Home Design

  • Condo Hotel
  • Metal Roof

Interior Spaces

  • 1 Full Bathroom
  • 467 Sq Ft Home
  • Furnished
  • Blinds
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Built-In or Custom Kitchen Cabinets

Parking

  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00078902-001500

Community Details

Overview

  • Property has a Home Owners Association
  • $1,200 Maintenance Fee
  • Association fees include bldg exterior mnt, water, sewer, exterminating, common area mnt, cable, building insurance
  • 42 Units
  • Continental Inn Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions

Recreation

  • Beach
  • Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,682

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condotel
  • As Is Right To Inspect: Yes
  • Association Approval Required: Yes
  • Maintenance Fee: 1200.00
  • Mandatory HOA: Yes
  • Control Depth: 1
  • Fee Includes: Bldg Exterior Mnt, Water, Sewer, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Pool, Other Area Features, Manager on Premises, Bike Paths
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1681.50
  • Title: Title Ins - Seller
  • Vehicle Storage: Off Street Parking, Vehicle Restrictions, Open Parking
  • Year Built: 1973
  • Alternate Key Number: 1085723
  • Cooling Heating: Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 467.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Drapes/Blinds Incl
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: Aluminum Windows

Exterior Features

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

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE,AE,AE,VE
  • Parcel Number: 00078902-001500
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Continental Holdings Llc
Bought by
Coastal Palms Group Llc
Total Days on Market
0
Current Estimated Value
$387,655

Purchase Details

Listed on
Jan 6, 2017
Closed on
Jan 6, 2017
Sold by
Padgett James Thoams
Bought by
Continental Holdings Llc
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$192,500
Sold Price
$192,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Jul 5, 2000
Sold by
Gray Mary-Ellen Wells
Bought by
Padgett James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.63%

Purchase Details

Closed on
Jun 1, 1991
Bought by
Padgett James Thomas

Purchase Details

Closed on
Jun 1, 1977
Bought by
Padgett James Thomas

Range of Values:

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Average Value
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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
Coastal Palms Group Llc -- --
Continental Holdings Llc $192,500 Attorney
Padgett James T $125,000 --
Padgett James Thomas $84,000 --
Padgett James Thomas $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padgertt James T $40,000
Previous Owner Padgett James T $103,000
Previous Owner Padgett James T $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $192,500 0.0% $412 / Sq Ft
01/06/2017 01/06/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $192,500 -- $412 / Sq Ft
Source: Florida Keys Board 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 $3,173 $275,478 -- $275,478
2023 $3,173 $275,478 $0 $275,478
2022 $2,797 $258,323 $0 $258,323
2021 $2,623 $224,011 $0 $224,011
2020 $2,325 $194,378 $0 $194,378
2019 $2,144 $173,591 $0 $173,591
2018 $2,003 $166,349 $0 $0
2017 $1,717 $163,964 $0 $0
2016 $1,682 $157,477 $0 $0
2015 $1,561 $148,085 $0 $0
2014 $1,338 $94,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lynn Goodwin, P.a.

    Key Colony Beach Realty

  • Lynn Goodwin

    Buyer's Agent in 2017

    Lynn Goodwin

    Coldwell Banker Schmitt Real Estate Co.

    (305) 731-5328

    101 Total Sales

    Lynn Goodwin
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573488

Florida Keys Board of REALTORS®

APN: 00078902-001500

Florida Monroe County Key Colony Beach 33051

1121 W Ocean Dr Unit 15, Key Colony Beach, FL

Homes for Sale in Key Colony Beach, FL

This home is located at 1121 W Ocean Dr Unit 15, Key Colony Beach, FL 33051 since 06 January 2017 and is currently estimated at $387,655, approximately $830 per square foot. This property was built in 1973. 1121 W Ocean Dr Unit 15 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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