NOT LISTED FOR SALE

501 E Ocean Dr Key Colony Bch Club Unit 25 Key Colony, FL 33051

Estimated Value: $602,000 - $781,000

2 Beds
2 Baths
966 Sq Ft
$1,000/mo HOA Fee

Last Sold June 20, 2016

Last sale price $236,000 $244 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $5,143/month

438 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Heated In Ground Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • Clubhouse

About This Home

As of June 2016

Oceanfront complex with white sandy beach, pool and on-site management for rentals. Tiki Hut, pier and club house for parties right on the ocean! Ground floor unit, no stairs! Balcony has been enclosed providing additional air conditioned living space. Within walking distance of 4 restaurants, KCB Marina, Sunset Park, public tennis & Golf course.

Last Listed By

Judy Cinque

Key Colony Beach Realty License #649582 Listed on: 03/12/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,917

Year Built

  • Built in 1957

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced

HOA Fees

  • $1,000 Monthly HOA Fees

Interior Spaces

  • 966 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Heated In Ground Pool
  • Tiki or Chickee Hut

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00073990-002500

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, water, exterminating, common area mnt, cable, building insurance
  • 32 Units
  • Key Colony Bch Club Subdivision

Recreation

  • Boat Ramp
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Additional Features

  • Clubhouse
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,917

Year Built

Built in 1957

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 3000.00
  • Mandatory HOA: Yes
  • Document Count: 5
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Tennis Courts, Community Boat Ramp
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1917.26
  • Title: Negotiable
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 1957
  • Alternate Key Number: 8555938
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 966.00
  • Pre Wired: Cable
  • Pre Wired Other: WiFi
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Window Treatments
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Refrigerator, Range, Disposal
  • Floor: Carpet, Tile
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Sandy Beach, Fencing
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Cable Available, FKAA, Municipal Sewer
  • Heating: None

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,VE,AE
  • Parcel Number: 00073990-002500
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Key Colony Beach Club Inc
Bought by
Low Tide Lp
Total Days on Market
438
Current Estimated Value
$727,388

Purchase Details

Listed on
Mar 12, 2015
Closed on
Jun 17, 2016
Bought by
Low Tide Lp
Seller's Agent
Judy Cinque
Key Colony Beach Realty
Buyer's Agent
Wanda Brock
Coldwell Banker Schmitt Real Estate Co.
List Price
$269,000
Sold Price
$236,000
Premium/Discount to List
-$33,000
-12.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%

Purchase Details

Closed on
Mar 6, 2000
Bought by
Low Tide Lp

Purchase Details

Closed on
Jul 15, 1980
Bought by
Low Tide Lp

Purchase Details

Closed on
Feb 1, 1969
Bought by
Low Tide Lp

Range of Values:

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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
Low Tide Lp -- None Listed On Document
Low Tide Lp $236,000 --
Low Tide Lp $89,500 --
Low Tide Lp $14,000 --
Low Tide Lp $12,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $236,000 -12.3% $244 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
03/12/2015 03/12/15 For Sale $269,000 -- $278 / Sq Ft
Source: Florida Keys Board 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 $1,317 $634,429 -- $634,429
2023 $1,317 $82,580 $0 $82,580
2022 $853 $82,580 $0 $82,580
2021 $890 $82,580 $0 $82,580
2020 $862 $82,580 $0 $82,580
2019 $863 $82,580 $0 $82,580
2018 $1,225 $82,580 $0 $0
2017 $2,332 $207,748 $0 $0
2016 $2,207 $207,748 $0 $0
2015 $1,917 $157,081 $0 $0
2014 $1,959 $157,081 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Judy Cinque

    Key Colony Beach Realty

    8 Total Sales

    Judy Cinque
    Section Image
  • Wanda Brock

    Buyer's Agent in 2016

    Wanda Brock

    Coldwell Banker Schmitt Real Estate Co.

    (305) 304-8862

    117 Total Sales

    Wanda Brock
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 566929

Florida Keys Board of REALTORS®

APN: 00073990-002500

Florida Monroe County Key Colony Beach 33051

501 E Ocean Dr Key Colony Bch Club Unit 25, Key Colony Beach, FL

Homes for Sale in Key Colony, FL

This home is located at 501 E Ocean Dr Key Colony Bch Club Unit 25, Key Colony, FL 33051 since 12 March 2015 and is currently estimated at $727,388, approximately $752 per square foot. This property was built in 1957. 501 E Ocean Dr Key Colony Bch Club Unit 25 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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