$875,000
SOLD APR 2, 2025

1133 W Ocean Dr Unit 26 Key Colony Beach, FL 33051

2 Beds
2.5 Baths
1,804 Sq Ft
$3,849/mo HOA Fee

Recently Sold

$485 Per Sq Ft

3% Below List Price

16 Days on Market

Highlights

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

About This Home

As of April 2025

Enjoy both sunrises and sunsets with expansive open ocean views from the 600 sq ft of Balconies. These views are breathtaking and mesmerizing of azure waters, and enjoyed from the living room, dining room, primary and guest bedrooms....almost everywhere! The primary suite with walk-in closet and new, custom bathroom are so comfortable, you may never want to leave. A spacious, ensuite, guest bedroom has room to accommodate two queen beds and has private access to these huge balconies. Expansive kitchen & dining draw you onto the balconies where you can also dine, entertain & simply relax on Island Time. The gorgeous beach areas, lounge areas, fishing dock, large patio surrounding pool and spa, tennis / pickleball courts, covered parking and grill patios make this the ultimate tropical escape or home. Excellent On Site Management and established rental history, see www.vrbo.com/3756487.Prime Location, only 3.5 miles to the FL Keys Marathon International Airport, 53 miles to the Key West International Airport and 111 miles to the Miami International Airport. Your perfect memory maker for you, your family and friends on island time at Key Colony Point in heart of the Florida Keys.

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 02/18/2025

Ocean Sotheby's International

Last Buyer's Agent

Teri Hiller

Coldwell Banker Schmitt Real Estate Co. License #3322619

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,686

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $3,849 Monthly HOA Fees

Interior Spaces

  • 1,804 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Dock made with Composite Material
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078600-002400

Community Details

Overview

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

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pet Restriction: under 25lbs

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,686

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$3,849 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 11547.98
  • Mandatory HOA: Yes
  • Dockage Dock: Composite
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • 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: Tennis Courts, Bike Paths, Airstrip, Beach, Manager on Premises
  • Off Shore Island: No
  • Pets W Restrictions: under 25lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8686.47
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Covered Parking, Guest Parking
  • Year Built: 1982
  • Alternate Key Number: 8637390
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Association Maintenance Fee Per: Quarterly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1804.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Walk-in Closet(s), Storage, Entrance Foyer, Pantry, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Sandy Beach, Tennis Court(s), Storage
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,VE,AE,VE,AE
  • Parcel Number: 00078600-002400
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Apr 2, 2025
Sold by
Brian Aliol Hellings Revocable Trust and Hellings Sarah V
Bought by
Spola John and Spola Kathleen
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Teri Hiller
Coldwell Banker Schmitt Real Estate Co.
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.59%

Purchase Details

Closed on
Jun 26, 2017
Sold by
Hellings Brian A
Bought by
Hellings Brian Aliol and Brian Aliol Hellings Revocable

Purchase Details

Closed on
Mar 1, 1983
Bought by
Hellings Brian A and Hellings Ann
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $875,000 None Listed On Document
Warranty Deed $875,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $265,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Sold $875,000 -2.7% $485 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $899,000 -- $498 / 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 $7,841 $943,060 -- $943,060
2023 $7,841 $818,117 $0 $818,117
2022 $6,958 $690,177 $0 $690,177
2021 $6,556 $608,211 $0 $608,211
2020 $6,538 $628,798 $0 $628,798
2019 $6,431 $617,406 $0 $617,406
2018 $6,190 $617,406 $0 $0
2017 $5,946 $617,406 $0 $0
2016 $5,613 $545,859 $0 $0
2015 $5,413 $545,656 $0 $0
2014 $5,439 $593,992 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613837

APN: 00078600-002400