NOT LISTED FOR SALE

1121 W Ocean Dr Unit 17 Key Colony Beach, FL 33051

Estimated Value: $334,759 - $431,000

1 Bed
1 Bath
-- Sq Ft
$400/mo HOA Fee

Last Sold August 30, 2019

Last sale price $210,000

Est. 88% increase in value since last sale

Current estimated payment $2,831/month

Highlights

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

About This Home

As of August 2019

For Statistical PurposesEfficiency - Nightly rentals

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 08/30/2019

Ocean Sotheby's International

Last Buyer's Agent

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 08/30/2019

Ocean Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,701

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Ocean Views

Home Design

  • Metal Roof

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Tiki or Chickee Hut

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00078902-001700

Community Details

Overview

  • Association fees include sewer, common area mnt, building insurance, bldg exterior mnt, water, exterminating
  • Continental Inn Subdivision

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,701

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1200.00
  • Mandatory HOA: Yes
  • Fee Includes: Sewer, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Ocean
  • State Province: FL
  • Taxes: 1701.31
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 1973
  • Alternate Key Number: 1085740
  • Cooling Heating: Wall/Window Unit(s)
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Floor: Combo
  • Windows/Doors: Other Windows/Doors

Exterior Features

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

Utilities

  • Security: Patrolled Area
  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,AE,AE,AE,VE
  • Parcel Number: 00078902-001700
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2020
Sold by
Lacey Timothy J
Bought by
Rma Vineyards Llc Is An Arizona Llc
Current Estimated Value
$394,940

Purchase Details

Listed on
Aug 30, 2019
Closed on
Aug 30, 2019
Sold by
Schmidt Mary N
Bought by
Lacey Timothy J
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Karen Raspe, PA
Ocean Sotheby's International
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$170,000
Interest Rate
3.7%
Mortgage Type
Balloon

Purchase Details

Listed on
Aug 14, 2015
Closed on
Dec 29, 2015
Sold by
Mccurry Margaret and Mccurry Margaret E
Bought by
Schmidt Mary R
Seller's Agent
Stacie Kidwell
American Caribbean Real Estate - Middle Keys
Buyer's Agent
Karen Raspe
Island Breeze Realty, LLC
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%

Purchase Details

Closed on
May 30, 2000
Sold by
Lewis Charles T and Lewis Elizabeth K
Bought by
Mccurry E M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 1996
Sold by
Annette Gerald E and Annette Lee
Bought by
Lewis Charles T and Lewis Elizabeth K

Purchase Details

Closed on
Jan 1, 1979
Bought by
Schmidt Mary N
Source: Public Records

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
Rma Vineyards Llc Is An Arizona Llc $250,000 Title Guaranty Of South Fl I
Lacey Timothy J $210,000 Attorney
Schmidt Mary R $195,000 All Keys Title & Notary Svcs
Mccurry E M $110,000 --
Lewis Charles T $75,000 --
Schmidt Mary N $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lacey Timothy J $170,000
Previous Owner Mccurry Margaret $90,000
Previous Owner Butler E Margaret $50,000
Previous Owner Lewis Charles T $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $210,000 0.0% --
08/30/2019 08/30/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $210,000 +7.7% --
12/29/2015 12/29/15 Sold $195,000 -7.1% $418 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $210,000 -- $450 / 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 $2,995 $259,862 -- $259,862
2023 $2,995 $259,862 $0 $259,862
2022 $2,763 $243,715 $0 $243,715
2021 $2,591 $211,422 $0 $211,422
2020 $2,441 $204,123 $0 $204,123
2019 $2,331 $193,003 $0 $193,003
2018 $2,160 $183,297 $0 $0
2017 $1,996 $170,614 $0 $0
2016 $2,001 $163,848 $0 $0
2015 $927 $95,089 $0 $0
2014 $934 $94,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Raspe, PA

    Seller's Agent in 2019

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    228 Total Sales

    Karen Raspe, PA
    Section Image

  • S

    Seller's Agent in 2015

    Stacie Kidwell

    American Caribbean Real Estate - Middle Keys

  • K

    Buyer's Agent in 2015

    Karen Raspe

    Island Breeze Realty, LLC

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 587192

APN: 00078902-001700

Florida Monroe County Key Colony Beach 33051

1121 W Ocean Dr Unit 17, Key Colony Beach, FL

This home is located at 1121 W Ocean Dr Unit 17, Key Colony Beach, FL 33051 since 30 August 2019 and is currently estimated at $394,940. This property was built in 1973. 1121 W Ocean Dr Unit 17 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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