NOT LISTED FOR SALE

1121 W Ocean Dr Unit 31 Key Colony Beach, FL 33051

Estimated Value: $289,019 - $415,000

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

Last Sold September 30, 2016

Last sale price $188,000 $403 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,562/month

41 Days on Market

Highlights

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

About This Home

As of September 2016

Continental Inn efficiency unit rents by the night with on-site management. Complex is on the Atlantic Ocean and the unit has ocean view from the balcony. This unit is 2nd floor on the East side & comes rental ready. Complex has white sandy beach, pool & Tiki Huts with BBQ grills & Clubhouse. Near Sunset Park, Par 3 Golf, KCB Marina, Parks, 4 restaurants within walking distance.

Last Agent to Sell the Property

Judy Cinque

Key Colony Beach Realty License #649582 Listed on: 08/03/2016

Last Buyer's Agent

Jessica Borraccino

Coldwell Banker Schmitt Real Estate Co. License #3270887

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1973

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Metal Roof

Interior Spaces

  • 467 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Exterior Lighting
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00078902-003100

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, water, exterminating, common area mnt, cable, building insurance
  • 42 Units
  • Continental Condo Subdivision

Amenities

  • Clubhouse
  • Lobby

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,550

Year Built

Built in 1973

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
  • Document Count: 4
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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, Clubhouse, Tennis Courts, Manager on Premises, Fire Hydrant, Community Boat Ramp
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1550.27
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 1973
  • Alternate Key Number: 1085880
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • 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: Lobby, Smoke Alarms, Window Treatments
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Range, Oven
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 1

Exterior Features

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

Utilities

  • Security: No Security
  • Utilities: Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,AE,VE
  • Parcel Number: 00078902-003100
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Sep 30, 2016
Sold by
George Robert B and Mcmullan Stephen J
Bought by
Rhodes C Dianne and Vaca Nut Llc
Seller's Agent
Judy Cinque
Key Colony Beach Realty
Buyer's Agent
Jessica Borraccino
Coldwell Banker Schmitt Real Estate Co.
List Price
$199,000
Sold Price
$188,000
Premium/Discount to List
-$11,000
-5.53%
Current Estimated Value
$365,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,255
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Nov 6, 2003
Sold by
George Robert B and Mcmullan Stephen J
Bought by
George Robert B and Mcmullan Stephen J

Purchase Details

Closed on
Apr 12, 2001
Sold by
B Cummings M G and Cummings M Margaret J
Bought by
George Robert B and Mcmullan Stephen J

Purchase Details

Closed on
Sep 1, 1993
Bought by
Mcmullan Stephen J

Purchase Details

Closed on
May 1, 1985
Bought by
Mcmullan Stephen J

Purchase Details

Closed on
Nov 1, 1979
Bought by
Mcmullan Stephen J
Source: Public Records

Range of Values:

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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
Rhodes C Dianne $188,000 Attorney
George Robert B -- --
George Robert B $105,000 --
Mcmullan Stephen J $79,500 --
Mcmullan Stephen J $68,000 --
Mcmullan Stephen J $45,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $188,000 -5.5% $403 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $199,000 -- $426 / 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 $2,796 $246,312 -- $246,312
2023 $2,796 $246,312 $0 $246,312
2022 $2,584 $231,041 $0 $231,041
2021 $2,423 $200,499 $0 $200,499
2020 $2,154 $174,360 $0 $174,360
2019 $2,060 $164,945 $0 $164,945
2018 $1,956 $161,284 $0 $0
2017 $1,891 $158,976 $0 $0
2016 $1,665 $152,699 $0 $0
2015 $1,550 $145,070 $0 $0
2014 $1,338 $94,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571567

Florida Keys Board of REALTORS®

APN: 00078902-003100