$690,000
SOLD MAY 7, 2025

1133 W Ocean Dr Unit 35 Key Colony Beach, FL 33051

2 Beds
2.5 Baths
1,750 Sq Ft
$3,849/mo HOA Fee

Recently Sold

$394 Per Sq Ft

29% Below List Price

117 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Dock made with wood
  • Coral Shores High School Rated A
  • Beach
  • Sandy Beach

About This Home

As of May 2025

An opportunity like this is rare--an oceanfront condo in sought-after Key Colony Beach, now priced well below market value. These sellers are simply ready to make a move, creating an exceptional opportunity for the next owner. Wake up to panoramic ocean views and unwind with breathtaking sunsets from your private balcony. The spacious primary suite offers an uninterrupted oceanfront perspective, while the guest suite--featuring a walk-in shower and dual vanities--ensures comfort for visiting family and friends. A well-appointed kitchen makes entertaining effortless, whether dining indoors or enjoying the sea breeze outside. Key Colony Point offers exceptional amenities, including a heated pool, tennis courts, a pier, shuffleboard, and a private beach area perfect for relaxing by the water. Located in the heart of Key Colony Beach, this condo is within walking or biking distance to restaurants, golf, pickleball, the marina, and more. Plus, with Marathon's executive airport just minutes away and easy access to Key West and Miami, your island retreat is closer than you think. With a strong rental history and the flexibility of weekly rentals, this property offers both an exceptional lifestyle and the potential for income. At this price, this opportunity won't last--secure your piece of paradise before it's gone.

Last Agent to Sell the Property

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758 Listed on: 01/08/2025

Berkshire Hathaway HomeServices Keys Real Estate

Last Buyer's Agent

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,729

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced

HOA Fees

  • $3,849 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Metal Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Dock made with wood
  • Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078600-003000

Community Details

Overview

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

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pet Restriction: Owners

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,729

Year Built

Built in 1982

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: No
  • Association Fee: 11546.98
  • Mandatory HOA: Yes
  • Dockage Dock: Wood
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, 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
  • Off Shore Island: No
  • Pets W Restrictions: Owners
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7728.53
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking
  • Year Built: 1982
  • Alternate Key Number: 8638850
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1750.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • 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, Quartz Countertops, Walk-in Closet(s), Storage, Entrance Foyer, Split Bedroom
  • Floor Number: 3.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Tennis Court(s), Storage, Sandy Beach
  • Roof: Metal Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,AE,VE,AE
  • Parcel Number: 00078600-003000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
May 7, 2025
Sold by
Finkelstein Kenneth and Finkelstein Fran
Bought by
Carleton Stanley W and Nash-Carleton Lisa
Seller's Agent
Tracy Chacksfield
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Monica Barrett
Coldwell Banker Schmitt Real Estate Co.
List Price
$970,000
Sold Price
$690,000
Premium/Discount to List
-$280,000
-28.87%
Views
47
Current Estimated Value
$722,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,496
Avg. Annual Appreciation
13.24%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Silverstein Emanual
Bought by
Finkelstein Kenneth and Finkelstein Fran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 22, 2012
Closed on
Jan 27, 2014
Sold by
Scohy Jewett John and Jewett Chase
Bought by
Finkelstein Kenneth and Finkelstein Fran
Seller's Agent
Kathryn Rummery
Waterfront Specialists
Buyer's Agent
Kathryn Rummery
Waterfront Specialists
List Price
$625,000
Sold Price
$522,500
Premium/Discount to List
-$102,500
-16.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$350,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2008
Sold by
Jewett John S and Jewett Marjorie Chace
Bought by
Jewett John Scohy and Jewett Marjorie Chace

Purchase Details

Closed on
Oct 1, 1982
Bought by
Finkelstein Kenneth and Finkelstein Fran
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 Type Sale Price Title Company
Warranty Deed $690,000 None Listed On Document
Warranty Deed $690,000 None Listed On Document
Warranty Deed $172,000 None Available
Warranty Deed $522,500 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $385,000 New Conventional
Previous Owner $440,000 Adjustable Rate Mortgage/ARM
Previous Owner $350,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $690,000 -1.3% $394 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
03/12/2025 03/12/25 Price Changed $699,000 -20.1% $399 / Sq Ft
02/21/2025 02/21/25 Price Changed $875,000 -9.8% $500 / Sq Ft
01/08/2025 01/08/25 For Sale $970,000 +85.6% $554 / Sq Ft
01/28/2014 01/28/14 Sold $522,500 -16.4% $299 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
06/22/2012 06/22/12 For Sale $625,000 -- $357 / 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 $7,270 $863,298 -- $863,298
2023 $7,270 $750,916 $0 $750,916
2022 $6,464 $636,374 $0 $636,374
2021 $6,094 $561,945 $0 $561,945
2020 $5,722 $544,302 $0 $544,302
2019 $5,647 $536,316 $0 $536,316
2018 $5,437 $536,316 $0 $0
2017 $5,237 $536,316 $0 $0
2016 $4,955 $476,262 $0 $0
2015 $4,947 $471,604 $0 $0
2014 $5,439 $593,992 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tracy Chacksfield

    Berkshire Hathaway HomeServices Keys Real Estate

    (312) 350-4601

    43 in this area

    71 Total Sales

    Tracy Chacksfield
    Section Image

  • M

    Buyer's Agent in 2025

    Monica Barrett

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6554

    22 in this area

    229 Total Sales

    Monica Barrett
    Section Image

  • K

    Seller's Agent in 2014

    Kathryn Rummery

    Waterfront Specialists

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613085

APN: 00078600-003000

Florida Monroe County Key Colony Beach 33051

1133 W Ocean Dr Unit 35, Key Colony Beach, FL

This home is located at 1133 W Ocean Dr Unit 35, Key Colony Beach, FL 33051 and is currently priced at $690,000, approximately $394 per square foot. This property was built in 1982. 1133 W Ocean Dr Unit 35 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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