NOT LISTED FOR SALE

Estimated Value: $591,402 - $629,000

3 Beds
2 Baths
1,080 Sq Ft
$550/mo HOA Fee

Last Sold July 31, 2024

Last sale price $620,000 $574 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,294/month

23 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Indoor Pool
  • W. Douglas Hartley Elementary School Rated A
  • Fitness Center
  • Security Service

About This Home

As of July 2024

Experience the epitome of coastal luxury at Unit 1211 in the prestigious Colony Reef Club. This oceanfront oasis offers breathtaking views of the Atlantic Ocean, creating a serene backdrop for everyday living. Step inside to discover a fully updated kitchen and baths, featuring elegant tile and stone flooring that exudes sophistication. Stay comfortable year-round with a 2020 HVAC system, while freshly painted interiors add a touch of modern elegance. Recent upgrades include appliances, furniture, and recently serviced balcony doors, ensuring a seamless blend of style and functionality. With a strong rental history of $39,542.25 in 2023 and $28,139.53 in 2024 (past & future bookings), this condo presents a lucrative investment opportunity. Residents enjoy an array of amenities including outdoor and indoor pools, security gate, sports courts, onsite management, gym, sauna, and direct beach access. Don't miss the chance to own a piece of paradise at Colony Reef Club!

Last Agent to Sell the Property

Charles Lawrence

LIGHTHOUSE REALTY ASSOCIATES License #3447871 Listed on: 06/04/2024

Last Buyer's Agent

Carol Tunis

FLORIDA HOMES REALTY & MTG LLC License #0687096

FLORIDA HOMES REALTY & MTG LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,015

Year Built

  • Built in 1985 | Remodeled

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Entry on the 2nd floor
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Security Gate

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Indoor Pool
  • Property has ocean access
  • Balcony

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1758810211

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, security, sewer, trash, water
  • Colony Reef Club Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Beach Access
  • Racquetball
  • Community Playground
  • Community Spa

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,015

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Road Surface Type: Paved
  • Subdivision Name: Colony Reef Club
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • General Property Information Living Area2: 1080.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: No
  • General Property Information Furnished: Furnished
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Security Gate: Yes
  • General Property Information Stories Total: 4
  • General Property Information Entry Level2: 2.0
  • ViewOcean: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Association Amenities Racquetball: Yes
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Major Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Stone, Tile
  • Living Area: 1080.0
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Balcony
  • Roof: Other
  • Pool Features: Heated, Indoor
  • View: Beach, Ocean
  • Waterfront Features: Ocean Access, Ocean Front
  • Construction Type: Block, Concrete
  • Property Condition: Updated/Remodeled
  • Exterior Features:Balcony: Yes
  • Construction Materials:Concrete: Yes
  • Waterfront Features:Ocean Front: Yes
  • Construction Materials:Block: Yes
  • Waterfront Features:Ocean Access: Yes
  • Pool Features:Indoor: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unassigned
  • Parking Features:Unassigned: Yes
  • General Property Information:Garage YN: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Laundry Features: In Unit
  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association Fee: 550.0
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Amenities: Beach Access, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Management - Full Time, Management- On Site, Pickleball, Playground, Racquetball, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trash, Water
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 550.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Sauna: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Security: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Beach Access: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Water: Yes
  • Association Amenities:Pickleball: Yes
  • Association Fee Includes:Maintenance Structure2: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Water

Lot Info

  • Current Use: Residential, Single Family
  • Parcel #: 1758810211

Tax Info

  • Tax Annual Amount: 6015.05
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 31, 2024
Sold by
Posey Michael I and Santana Sonia Y
Bought by
Workman Christopher D and Workman Jessica P
Seller's Agent
Charles Lawrence
LIGHTHOUSE REALTY ASSOCIATES
Buyer's Agent
Carol Tunis
FLORIDA HOMES REALTY & MTG LLC
List Price
$639,999
Sold Price
$620,000
Premium/Discount to List
-$19,999
-3.12%
Views
2
Current Estimated Value
$614,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,899
Avg. Annual Appreciation
-0.09%

Purchase Details

Closed on
Dec 14, 2018
Sold by
Coyne Robert M and Coyne Jeanne E
Bought by
Posey Michael I and Santan Sonia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2015
Sold by
Walsh Michael D and Walsh Tonya Meyer
Bought by
Coyne Robert M and Coye Jeanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
Richeson Floyd K and Richeson Sheilah L
Bought by
Walsh Michael D and Walsh Tonya Meyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Workman Christopher D $620,000 Paradise Title
Posey Michael I $375,000 Action Title Services Of St
Coyne Robert M $320,000 Paradise Title Of St Augusti
Walsh Michael D $430,000 Land Title Of America Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Posey Michael I $300,000
Previous Owner Coyne Robert M $220,000
Previous Owner Walsh Michael D $316,500
Previous Owner Walsh Michael D $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $620,000 -3.1% $574 / Sq Ft
06/04/2024 06/04/24 For Sale $639,999 -- $593 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $6,015 $511,570 -- $511,570
2024 $6,015 $486,570 -- $486,570
2023 $6,015 $541,615 $0 $541,615
2022 $5,335 $459,300 $0 $459,300
2021 $4,589 $347,190 $0 $0
2020 $4,333 $323,960 $0 $0
2019 $4,231 $301,740 $0 $0
2018 $3,926 $276,740 $0 $0
2017 $3,812 $266,640 $0 $0
2016 $3,514 $237,350 $0 $0
2015 $3,181 $210,080 $0 $0
2014 $3,106 $202,505 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2029473

realMLS (Northeast Florida Multiple Listing Service)

APN: 175881-0211