$799,000
$166K PRICE DROP

1133 W Ocean Dr Unit 2 Key Colony Beach, FL 33051

Estimated payment $8,987/month

Total Views 9,803
3 Beds
3 Baths
1,929 Sq Ft
$414 Price per Sq Ft

Highlights

  • Airstrip
  • Ocean Front
  • Sandy Beach
  • Coral Shores High School Rated A
  • Boat Ramp
  • Concrete Pool

About This Home

Own a piece of paradise perfectly situated at the southern point in Key Colony Beach. This turnkey property not only offers comfort with tropical decor, but it also provides an incredible investment opportunity. This beautiful oceanfront townhouse, features three spacious bedrooms and three bathrooms. This home is ideal for both relaxation and entertaining. Enjoy breathtaking ocean views right from your living room, or step outside to your pocket beach, where soft sand and the gentle sounds of the waves await. The community amenities elevate this property to another level and includes a sparkling, oceanfront pool, soothing hot tub, a fishing pier, and a sports court--everything you need for a resort-like lifestyle for ultimate unwinding, outdoor enthusiasts, and friendly competitions. This townhouse offers both tranquility and access to all the best island living has to offer. This townhouse is ideal for both personal enjoyment and potential rental income. With onsite property management in place, you can easily rent out the home on a weekly basis, making it a hassle-free investment that generates income when you're not using it. The island of Key Colony Beach also offers walking paths to playgrounds, restaurants, and a Par 3 golf course. Also steps away from Sunset Park to picnic or reflect outside of Key Colony Point. Don't miss out on this exceptional opportunity to own a stunning oceanfront property. Schedule a viewing today!

Listing Agent

Michelle Vanhoose

Coldwell Banker Schmitt Real Estate Co. License #3562292 Listed on: 02/24/2025

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,126

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $4,090 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,929 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Carport
  • Guest Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00078600-000300

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • 31 Units
  • Key Colony Point Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Spa
  • Bike Trail

Pet Policy

  • Pet Restriction: owners only under 20

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,126

Year Built

Built in 1982

Lot Details

0

HOA Fees

$4,090 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 12268.66
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Spa, Bike Paths, Airstrip, Manager on Premises, Tennis Courts
  • Off Shore Island: No
  • Pets W Restrictions: owners only under 20
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 8126.42
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Guest Parking
  • Year Built: 1982
  • Alternate Key Number: 8637179
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • 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
  • Estimated Living Sq Ft: 1929.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Walk-in Closet(s), Storage, Smoke Alarms, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Hot Tub, Tennis Court(s), Sandy Beach, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify
  • Heating: Electric

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,VE,AE,VE,AE
  • Parcel Number: 00078600-000300
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 31.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $7,326 $906,719 -- $906,719
2023 $7,326 $785,785 $0 $785,785
2022 $6,500 $662,121 $0 $662,121
2021 $6,039 $556,441 $0 $556,441
2020 $5,646 $536,419 $0 $536,419
2019 $5,971 $569,804 $0 $569,804
2018 $5,748 $569,804 $0 $0
2017 $5,509 $569,804 $0 $0
2016 $5,196 $501,673 $0 $0
2015 $5,085 $485,935 $0 $0
2014 $5,524 $554,044 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 Price Changed $799,000 -6.0% $414 / Sq Ft
04/30/2025 04/30/25 Price Changed $850,000 -5.5% $441 / Sq Ft
03/20/2025 03/20/25 Price Changed $899,000 -6.8% $466 / Sq Ft
02/24/2025 02/24/25 For Sale $965,000 -- $500 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $234,000 --
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613852

APN: 00078600-000300

Florida Monroe County Key Colony Beach 33051

1133 W Ocean Dr Unit 2, Key Colony Beach, FL

This home is located at 1133 W Ocean Dr Unit 2, Key Colony Beach, FL 33051 and is currently priced at $799,000, approximately $414 per square foot. This property was built in 1982. 1133 W Ocean Dr Unit 2 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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Listing Agent
Michelle Vanhoose
Section Image
Coldwell Banker Schmitt Real Estate Co.
(305) 743-5181