NOT LISTED FOR SALE

Casa Clara 201 E Ocean Dr Unit 1-311 Floor 3.00 Key Colony Beach, FL 33051

Key Colony Beach Area

Estimated Value: $469,078 - $507,000

2 Beds
2 Baths
994 Sq Ft
3 Acre Lot

Sale Details

Date Sold: February 26, 2026

Last sale price $485,000 $488 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,500 / mo

153 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Handicap Accessible
  • Coral Shores High School Rated A

About This Home

As of February 2026

Welcome to your slice of paradise in Key Colony Beach. This beautifully updated 3rd floor condo offers breathtaking, unobstructed views of the Atlantic Ocean from your private balcony, all while being ideally located in a quiet, private corner of the complex for the perfect blend of serenity and scenery. Inside, you'll find tile flooring throughout, an updated kitchen with granite counters, and modern tile bathrooms. A private washer and dryer and convenient elevator access provide everyday comfort. The entire complex has been recently and completely renovated, showcasing a beautiful array of resort style amenities. Enjoy direct access to a private sandy beach, relax by the oceanfront pool, or play a friendly game on the tennis and pickleball courts. A fishing pier adds to the coastal lifestyle, while the landscaped courtyards create a peaceful, community atmosphere. With on site management and bi weekly rentals allowed, this condo offers an excellent investment opportunity, and the owner already has rentals in place to help generate immediate income. Whether you are seeking a personal retreat or a strong investment property, this move in ready condo delivers the ultimate Florida Keys lifestyle. GREAT NEW PRICE! Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Darlene Alferes

Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key License #3610911 Listed on: 09/08/2025

Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

Last Buyer's Agent

Natalie Ardis

Coldwell Banker Schmitt Real Estate Co. License #3231276

Coldwell Banker Schmitt Real Estate Co.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,122

Year Built

  • Built in 1975

Lot Details

  • 3

HOA Fees

  • $994 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 994 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Deck

Utilities

  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Dock made with Composite Material
  • Ocean Front

Listing and Financial Details

  • Minimum Rental Period: 14
  • Assessor Parcel Number 00073871-003400

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • Casa Clara Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,122

Year Built

Built in 1975

Lot Details

3 Acres

HOA Fees

$994 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 2983.14
  • Mandatory HOA: Yes
  • Voluntary HOA: No
  • Dockage Dock: Composite
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Handicap Access: Yes
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • Min Rental Days: 14.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: request info
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4122.50
  • Year Built: 1975
  • Alternate Key Number: 1078310
  • Pool Info: In Ground, Decked
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Quarterly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 994.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,VE,AE
  • Parcel Number: 00073871-003400
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2025
Closed on
Feb 26, 2026
Sold by
Russell James
Bought by
Seller's Agent
Darlene Alferes
Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key
Buyer's Agent
Natalie Ardis
Coldwell Banker Schmitt Real Estate Co.
List Price
$589,000
Sold Price
$485,000
Premium/Discount to List
-$104,000
-17.66%
Views
34
Current Estimated Value
$487,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,520
Avg. Annual Appreciation
1.04%

Purchase Details

Listed on
Jan 9, 2020
Closed on
Aug 24, 2020
Sold by
Ruth M Schnake Trust
Bought by
Russell James H
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Michele Cook
Coldwell Banker Schmitt Real Estate Co.
List Price
$369,000
Sold Price
$325,000
Premium/Discount to List
-$44,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$260,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Sold by
Nancy L Brown I
Bought by
Schnake Ruth M Trust

Purchase Details

Closed on
Sep 1, 1983
Bought by
Schnake Ruth M Trust 12/12/00

Purchase Details

Closed on
Jun 1, 1977
Bought by
Schnake Ruth M Trust 12/12/00
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Key Colony Beach, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$485,000 None Listed On Document
Russell James H $325,000 Law Offices Of Thomas D Wright
Schnake Ruth M Trust $240,000 --
Schnake Ruth M Trust 12/12/00 $115,000 --
Schnake Ruth M Trust 12/12/00 $53,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $260,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2026 02/26/26 Sold $485,000 -3.0% $488 / Sq Ft
01/15/2026 01/15/26 Price Changed $499,900 -2.0% $503 / Sq Ft
01/05/2026 01/05/26 Price Changed $510,000 -1.0% $513 / Sq Ft
12/29/2025 12/29/25 Price Changed $515,000 -1.0% $518 / Sq Ft
12/22/2025 12/22/25 Price Changed $520,000 -1.0% $523 / Sq Ft
12/17/2025 12/17/25 Price Changed $525,000 -1.9% $528 / Sq Ft
12/12/2025 12/12/25 Price Changed $535,000 -2.7% $538 / Sq Ft
12/06/2025 12/06/25 Price Changed $550,000 -4.3% $553 / Sq Ft
12/01/2025 12/01/25 Price Changed $575,000 -1.5% $578 / Sq Ft
11/18/2025 11/18/25 Price Changed $584,000 -0.8% $588 / Sq Ft
09/08/2025 09/08/25 For Sale $589,000 +81.2% $593 / Sq Ft
08/28/2020 08/28/20 Sold $325,000 -5.2% $327 / Sq Ft View Prior Sale
07/03/2020 07/03/20 Price Changed $343,000 -1.4% $345 / Sq Ft
06/05/2020 06/05/20 Price Changed $348,000 -5.7% $350 / Sq Ft
01/09/2020 01/09/20 For Sale $369,000 -- $371 / Sq Ft
Source: Key West Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,016 $1,164,280 $637,329 $526,951
2025 $10,823 $1,059,740 $624,832 $434,908
2024 $10,823 $1,038,961 $612,580 $426,381
2023 $10,573 $1,018,590 $600,569 $418,021
2022 $10,396 $998,618 $588,793 $409,825
2021 $10,118 $979,038 $577,248 $401,790
2020 $10,120 $969,000 $571,329 $397,671
2019 $9,041 $788,074 $429,333 $358,741
2018 $10,301 $772,622 $420,915 $351,707
2017 $10,831 $757,473 $412,662 $344,811
2016 $10,794 $742,621 $404,571 $338,050
2015 $10,547 $731,467 $398,494 $332,973
2014 $10,434 $717,139 $390,688 $326,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 616448

Key West Association of REALTORS®

APN: 00073871-003400

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