NOT LISTED FOR SALE

370 E Ocean Dr Key Colony Beach, FL 33051

Estimated Value: $606,000 - $793,000

2 Beds
2 Baths
1,050 Sq Ft
$643/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $580,000 $552 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,735/month

206 Days on Market

Highlights

  • Ocean View
  • Beach
  • Stainless Steel Appliances
  • Coral Shores High School Rated A
  • No HOA
  • Balcony

About This Home

As of January 2024

You do not want to miss the ocean breezes and views from the covered porch of this 2 bedroom, 2 bath 1/2 duplex on Key Colony Beach. Offered with a custom updated kitchen, new vinyl plank flooring in the bedrooms, tile throughout, private balcony off the primary bedroom, covered parking, tons of storage, and more. All of this and it is very conveniently situated across the street from the Cabana Club where you can enjoy a cocktail while lounging on the beach or poolside. Would make a great vacation rental or a great location for your own Keys get away. Whatever your needs you can't beat the immediate amenities all within walking distance. Call today for more information and to schedule a private viewing.

Last Agent to Sell the Property

Lynn Lucas

Berkshire Hathaway HomeServices Keys Real Estate License #653995 Listed on: 05/24/2023

Berkshire Hathaway HomeServices Keys Real Estate

Last Buyer's Agent

Lynn Lucas

Berkshire Hathaway HomeServices Keys Real Estate License #653995 Listed on: 05/24/2023

Berkshire Hathaway HomeServices Keys Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 3,137 Sq Ft Lot

Property Views

  • Ocean
  • Canal

Home Design

  • Half Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Carport
  • Guest Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00073100-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision

Recreation

  • Beach
  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,243

Year Built

Built in 1996 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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: Tennis Courts, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2243.39
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Guest Parking, Open Parking
  • Year Built: 1996
  • Alternate Key Number: 1077178
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 3137.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1050.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Vinyl
  • Windows/Doors: Aluminum Windows, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Rain Gutters, Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00073100-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jan 22, 2024
Sold by
Peters Anthony J and Peters Linda K
Bought by
Solano Sterling
Seller's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$630,000
Sold Price
$580,000
Premium/Discount to List
-$50,000
-7.94%
Views
440
Current Estimated Value
$674,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,897
Avg. Annual Appreciation
8.08%
Original Mortgage
$417,150
Outstanding Balance
$408,542
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
$266,355

Purchase Details

Closed on
Jun 30, 2008
Sold by
Swanson Linda K
Bought by
Peters Anthony J and Peters Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 1996
Sold by
Hanson Charles R and Hanson B
Bought by
Swanson Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1996
Sold by
Hanson Charles R
Bought by
Koutsimbas Achilles D and Koutsimbas Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,400
Interest Rate
7.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1987
Bought by
Peters Anthony J and Peters Linda K

Purchase Details

Closed on
Jul 1, 1979
Bought by
Peters Anthony J and Peters Linda K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Solano Sterling $580,000 None Listed On Document
Peters Anthony J $290,000 Florida Keys Title Company
Swanson Linda K $126,500 --
Koutsimbas Achilles D $124,300 --
Peters Anthony J $48,000 --
Peters Anthony J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solano Sterling $417,150
Previous Owner Peters Anthony J $190,000
Previous Owner Koutsimbas Achilles D $20,000
Previous Owner Koutsimbas Achilles D $119,700
Previous Owner Koutsimbas Achilles D $99,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2024 01/22/24 Sold $580,000 -7.2% $552 / Sq Ft
09/23/2023 09/23/23 Price Changed $625,000 -0.8% $595 / Sq Ft
05/24/2023 05/24/23 For Sale $630,000 -- $600 / 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
2025 $2,477 $474,982 $256,638 $218,344
2024 $2,331 $237,402 -- --
2023 $2,331 $230,488 $0 $0
2022 $2,243 $223,775 $0 $0
2021 $2,232 $217,258 $0 $0
2020 $2,140 $214,259 $0 $0
2019 $2,091 $209,442 $0 $0
2018 $1,987 $205,537 $0 $0
2017 $1,905 $201,310 $0 $0
2016 $1,930 $197,170 $0 $0
2015 $1,897 $195,799 $0 $0
2014 $1,923 $194,245 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Lucas

    Seller's Agent in 2024

    Lynn Lucas

    Berkshire Hathaway HomeServices Keys Real Estate

    (305) 393-0559

    18 in this area

    145 Total Sales

    Lynn Lucas
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605430

APN: 00073100-000000

Florida Monroe County Key Colony Beach 33051

370 E Ocean Dr, Key Colony Beach, FL

Not Listed for Sale

Townhouses

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