M
Seller's Agent in 2023
Monica Barrett
Coldwell Banker Schmitt Real Estate Co.
(305) 289-6554
251 Total Sales
501 E Ocean Dr Unit 12 Key Colony Beach, FL 33051
Estimated Value: $779,062 - $819,000
2
Beds
2
Baths
1,001
Sq Ft
2
Acres
About This Home
As of December 2023Imagine waking up to the sound of gentle waves hitting the sand as you gaze upon a beautiful sunrise with the ocean sparkling in the distance... This dream can finally be your reality at this BRAND NEW .... One-of-a-kind, 2 bed/2 bath EAST Facing, SECOND story unit at Key Colony Beach Club. The construction of the buildings is complete, landscaping is done and the exterior amenities are nearing completion. Unit 12 is ready to be your NEW Keys home! You will love seeing the mesmerizing OCEAN views from every angle of the condo and will truly appreciate the OPEN CONCEPT living, dining and kitchen areas complete with IMPACT RESISTANT windows and doors! A large and shaded ocean front balcony await you, with plenty of room for catching some sun and salty breezes along with 9 ft tall ceilings to allow for plenty of natural light to illuminate the interior rooms. Notable features of this unit include: Second story and close proximity to the elevator, AFTERNOON SHADE, new modern white kitchen with stainless steel appliances, white TILE BACKSPLASH and QUARTZ counter tops, new light wood luxury vinyl plank flooring throughout, 2 coastal modern ensuite tiled bathrooms with vanities and mirrors, washer and dryer conveniently located in the guest suite, and central air with new ceiling fans. The unit is conveniently located near the pool and white sandy beach ... and close to the heart of Key Colony Beach, Post Office and restaurants / tiki bars. WEEKLY vacation rentals are allowed. The unit comes with two assigned and covered parking spaces with an owner's private storage unit. CALL TODAY - the location of #12 is highly sought after and will not last long! This is a once in a lifetime opportunity to be the first to make this NEW Ocean Front Condo in renowned and beloved KEY COLONY BEACH yours!
Last Listed By
Coldwell Banker Schmitt Real Estate Co. License #SL3345718 Listed on: 11/07/2023
Property Details
Home Type
Condominium
Est. Annual Taxes
$1,356
Year Built
2023
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Condo
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Association Fee: 3000.00
- Mandatory HOA: Yes
- Document Count: 5
- Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
- 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 Pool, Airstrip, Bike Paths, Other Area Features, Beach, Manager on Premises, Community Boat Ramp
- Off Shore Island: No
- Pets W Restrictions: YES
- Property Group I D: 19990816212109142258000000
- Sale Terms: Cash
- Side: Ocean
- State Province: FL
- Taxes: 892.10
- Title: Title Ins - Buyer
- Vehicle Storage: Carport, Guest Parking, Assigned Parking
- Vehicle Storage Cars: 2
- Year Built: 2023
- Alternate Key Number: 8555806
- Building Style Stilt Column Height: Tall - 10Ft & Over
- Cooling Heating: Central Air, Ceiling Fans(s)
- Pool Info: In Ground, Concrete
- Pool Info Heated: Yes
- Porch Balcony: Open Porch/Balcony, Deck
- Association Maintenance Fee Per: Quarterly
- Species List: Yes
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Building Style Stories: 2 Stories
- Estimated Living Sq Ft: 1001.00
- Pre Wired: Cable
- Financial Status Standard Sale: Yes
- Property Condition: New Construction
- Sewer Hook Up: Yes
- Unit Complex: Unit
- Statistical Purposes Only: No
- Special Features: NewHome
- Property Sub Type: Condos
- Stories: 2
Interior Features
- Interior Amenities: Elevator, Quartz Countertops
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Floor: Vinyl
- Specialty Rooms: Laundry Room
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 2
Exterior Features
- Dockage: None
- Waterfront: Oceanfront, Open Water
- Waterfront: Yes
- Construction: CBS, Combo Construction, Frame
- Exterior Features: Fencing, Storage, Sandy Beach
- Roof: Other Roof
- Waterview: Ocean View, Open Water View
- Pool: Yes
Utilities
- Security: Patrolled Area
- Utilities: FKAA, Elect Separate Meter, Buyer to Verify
- Heating: Electric
Lot Info
- Deed Restrictions: Yes
- Flood Zone: AE,AE,VE,VE,AE
- Parcel Number: 00073990-001200
- Land Size: Less Than 1/4 Acre
Rental Info
- Rentals Allowed: Yes
- Furnished: Unfurnished
Tax Info
- Tax Year: 2022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2023
Closed on
Nov 30, 2023
Sold by
Hyde Realty Trust and Hyde Virginia
Bought by
T Doran Enterprises Llc
Seller's Agent
Monica Barrett
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Al Barbosa
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$859,000
Sold Price
$842,000
Premium/Discount to List
-$17,000
-1.98%
Total Days on Market
7
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,372
Avg. Annual Appreciation
-3.77%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| T Doran Enterprises Llc | $842,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2023 12/04/23 | Sold | $842,000 | -2.0% | $841 / Sq Ft |
| 11/14/2023 11/14/23 | Pending | -- | -- | -- |
| 11/07/2023 11/07/23 | For Sale | $859,000 | -- | $858 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $1,356 | $642,088 | -- | $642,088 |
| 2023 | $1,356 | $86,670 | $0 | $86,670 |
| 2022 | $892 | $86,670 | $0 | $86,670 |
| 2021 | $931 | $86,670 | $0 | $86,670 |
| 2020 | $901 | $86,670 | $0 | $86,670 |
| 2019 | $902 | $86,670 | $0 | $86,670 |
| 2018 | $1,263 | $86,670 | $0 | $0 |
| 2017 | $2,266 | $218,037 | $0 | $0 |
| 2016 | $2,243 | $218,037 | $0 | $0 |
| 2015 | $1,917 | $157,081 | $0 | $0 |
| 2014 | $1,959 | $157,081 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Barrett
-
Rick Servais
Seller Co-Listing Agent in 2023
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
(305) 433-0349
239 Total Sales
-
Al Barbosa
Buyer's Agent in 2023
Al Barbosa
Coldwell Banker Schmitt Real Estate Co. (KW)
(305) 440-4000
15 Total Sales
Map
Similar Homes in Key Colony Beach, FL
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 607320
APN: 00073990-001200
Nearby Homes
- 501 E Ocean Dr Unit 17
- 211 5th St
- 232 Sadowski Causeway
- 601 W Ocean Dr Unit 410
- 601 W Ocean Dr Unit 203A
- 601 W Ocean Dr Unit 414D
- 240 Sadowski Causeway
- 241 & 251 5th St
- 242 Sadowski Causeway
- 721 W Ocean Dr
- 320 5th St
- 171 3rd St
- 431 5th St
- 298 Sadowski
- 260 3rd St
- 201 E Ocean Dr Unit 209
- 201 E Ocean Dr Unit 110
- 201 E Ocean Dr Unit 310
- 230 Sadowski Causeway
- 18 7th St