$690,000
SOLD MAY 12, 2025

1133 W Ocean Dr Unit 5 Key Colony Beach, FL 33051

3 Beds
3 Baths
1,929 Sq Ft
$4,090/mo HOA Fee

Recently Sold

$358 Per Sq Ft

8% Below List Price

42 Days on Market

Highlights

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

About This Home

As of May 2025

Ocean Front Townhouse now available for your tropical home or vacation rental. Yes, weekly rentals are allowed! This is aggressively priced, WAY under appraisal! Welcome to #5, at the premier community of Key Colony Point. Leave all your worries on the Mainland and come home to the Gem of the Florida Keys. The Blue Views, from this 3 Bedroom/3 Bathroom Gem, will take your breath away. TONS room for you, your family & friends to relax and enjoy. Amenities include: pickle ball & tennis, covered parking, pool / spa surrounded by large deck / patio, shower, fishing / observation dock, beach, lounging by the ocean, grilling areas oceanside and courtside. Plenty of storage for kayaks/bikes/paddle boards, etc. Excellent on-site management and so much more!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 02/28/2025

Ocean Sotheby's International

Last Buyer's Agent

Michelle Vanhoose

Coldwell Banker Schmitt Real Estate Co. License #3562292

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,669

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $4,090 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,929 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Doors
  • Storage
  • Ocean Views
  • Monitored

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Airstrip
  • Screened Balcony
  • Outdoor Storage
  • Tiki or Chickee Hut

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 00078600-000600

Community Details

Overview

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

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: -20lb Owners

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,669

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 Fee: 12268.66
  • Mandatory HOA: Yes
  • 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: Community Pool, Airstrip, Beach, Manager on Premises, Tennis Courts
  • Off Shore Island: No
  • Pets W Restrictions: -20lb Owners
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7669.15
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, Guest Parking
  • Year Built: 1982
  • Alternate Key Number: 8637209
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1929.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Granite Counter Top, Bar, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Dade County Pine
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Tennis Court(s), Storage, Sandy Beach
  • Roof: Metal Roof
  • 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: Unknown
  • Flood Zone: AE,VE,AE,VE,AE
  • Parcel Number: 00078600-000600
  • 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
Feb 28, 2025
Closed on
May 9, 2025
Sold by
Hellings Sarah and Hellings Joanne
Bought by
Pavone Lisa Y
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Michelle Vanhoose
Coldwell Banker Schmitt Real Estate Co.
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
151.55%

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
Jul 19, 1994
Sold by
Miller Peter S and Miller Louis B
Bought by
Hellings Brian A and Hellings Ann

Purchase Details

Closed on
Mar 1, 1987
Bought by
Hellings Brian A and Hellings Ann

Purchase Details

Closed on
Nov 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 $690,000 None Listed On Document
Warranty Deed $690,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $320,000 --
Warranty Deed $260,000 --
Warranty Deed $234,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $690,000 -8.0% $358 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $750,000 -- $389 / 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 $6,916 $808,195 -- $808,195
2023 $6,916 $700,142 $0 $700,142
2022 $6,143 $590,219 $0 $590,219
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

Agents Affiliated with this Home

  • Karen Raspe, PA

    Seller's Agent in 2025

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    226 Total Sales

    Karen Raspe, PA
    Section Image

  • M

    Buyer's Agent in 2025

    Michelle Vanhoose

    Coldwell Banker Schmitt Real Estate Co.

    (305) 743-5181

    1 Total Sale

    Michelle Vanhoose
    Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613935

APN: 00078600-000600

Florida Monroe County Key Colony Beach 33051

1133 W Ocean Dr Unit 5, Key Colony Beach, FL

This home is located at 1133 W Ocean Dr Unit 5, Key Colony Beach, FL 33051 and is currently priced at $690,000, approximately $357 per square foot. This property was built in 1982. 1133 W Ocean Dr Unit 5 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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