$850,000
$650K PRICE DROP

1133 W Ocean Dr Unit 7 Key Colony Beach, FL 33051

Estimated payment $8,847/month

Total Views 5,776
3 Beds
3 Baths
1,929 Sq Ft
$441 Price per Sq Ft

Highlights

  • Ocean Front
  • Boat Ramp
  • Concrete Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • Stainless Steel Appliances

About This Home

Welcome to Key Colony Point. Positioned perfectly to watch sunsets from your waterside balconies, Unit 7 has everything you are looking for. This tri-level townhome with direct ocean views boasts three bedrooms and 3 bathrooms in 1,929sqft. Unmatched amenities, allows 7 day vacation rentals with onsite management. Turn this property into your weekend getaway or your lucrative investment. Property is offered fully furnished, inclusion list available. Currently in the rental program.

Listing Agent

Brian Schmitt

Coldwell Banker Schmitt Real Estate Co. (KW) License #BK147809 Listed on: 11/09/2024

Coldwell Banker Schmitt Real Estate Co. (KW)

Co-Listing Agent

Tierce Scheel

Coldwell Banker Schmitt Real Estate Co. License #SL3504409

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,306

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $3,749 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,929 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00078600-000800

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pet Restriction: YES

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,306

Year Built

Built in 1982

Lot Details

0

HOA Fees

$3,749 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 11245.74
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, 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, Bike Paths, Other Area Features, Fire Hydrant, Manager on Premises, Tennis Courts
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 7306.19
  • Vehicle Storage: Assigned Parking, Covered Parking, Guest Parking
  • Year Built: 1982
  • Alternate Key Number: 8637233
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1929.00
  • 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: Condos

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • 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: Buyer to Verify, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,AE,VE,AE
  • Parcel Number: 00078600-000800
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

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 $7,306 $857,457 -- $857,457
2023 $7,306 $742,964 $0 $742,964
2022 $6,487 $626,170 $0 $626,170
2021 $6,383 $590,906 $0 $590,906
2020 $5,967 $569,632 $0 $569,632
2019 $6,516 $626,284 $0 $626,284
2018 $6,272 $626,284 $0 $0
2017 $6,004 $626,284 $0 $0
2016 $5,656 $550,340 $0 $0
2015 $5,544 $533,528 $0 $0
2014 $5,524 $554,044 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $850,000 -22.7% $441 / Sq Ft
04/18/2025 04/18/25 Price Changed $1,100,000 -15.4% $570 / Sq Ft
04/15/2025 04/15/25 Price Changed $1,300,000 -13.3% $674 / Sq Ft
11/09/2024 11/09/24 For Sale $1,500,000 +114.6% $778 / Sq Ft
03/29/2019 03/29/19 Sold $699,000 -11.5% $321 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
12/01/2018 12/01/18 For Sale $789,900 +21.5% $363 / Sq Ft
05/06/2015 05/06/15 Sold $650,000 -18.6% $299 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $799,000 -- $367 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $699,000 None Listed On Document
Warranty Deed $699,000 None Listed On Document
Warranty Deed $650,000 Attorney
Warranty Deed $425,000 --
Quit Claim Deed $182,000 --
Quit Claim Deed $182,000 --
Warranty Deed $234,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $629,100 Purchase Money Mortgage
Closed $629,100 Purchase Money Mortgage
Previous Owner $300,000 New Conventional
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 612193

APN: 00078600-000800

Florida Monroe County Key Colony Beach 33051

1133 W Ocean Dr Unit 7, Key Colony Beach, FL

This home is located at 1133 W Ocean Dr Unit 7, Key Colony Beach, FL 33051 and is currently priced at $850,000, approximately $440 per square foot. This property was built in 1982. 1133 W Ocean Dr Unit 7 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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Brian Schmitt
Listing Agent
Brian Schmitt
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Coldwell Banker Schmitt Real Estate Co. (KW)
(786) 938-5402