NOT LISTED FOR SALE

501 E Ocean Dr Unit 30 Key Colony Beach, FL 33051

Estimated Value: $607,000 - $805,901

2 Beds
2 Baths
1,200 Sq Ft
$1,000/mo HOA Fee

Last Sold August 04, 2023

Last sale price $750,000 $625 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,060/month

17 Days on Market

Highlights

  • Ocean Front
  • Beach
  • New Construction
  • Coral Shores High School Rated A
  • Dock made with wood
  • Concrete Pool

About This Home

As of August 2023

Be the first to purchase in Key Colony Beaches newest Condominium Complex built in 2022 to withstand 250mph winds! All Impact windows and doors. This unit is a top floor unit second one in from the direct ocean. Soak in the beach air with this large open porch providing nearly 100 degrees of amazing ocean views!! Under covered parking, with outdoor storage, in unit washer and dryer, large bedrooms, quartz counters, stainless appliances and white wood shaker cabinets. This units' colors are very soft and well thought out. Short term weekly rentals are allowed! This is the only unit for sale! The pool should be completed within 6 months and its only steps away from the famous cabana club in the meantime! There are no upcoming assessments, and the HOA fee is a low $3000 a quarter which includes insurance, basic cable, water and grounds maintenance.

Last Agent to Sell the Property

Kelly Randin

RE/MAX All Keys Real Estate License #3392660 Listed on: 06/14/2023

RE/MAX All Keys Real Estate

Last Buyer's Agent

Kelly Randin

Sharon J. Kelly Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $960

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Ocean Front

HOA Fees

  • $1,000 Monthly HOA Fees

Home Design

  • Insulated Concrete Forms
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Laminate Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Dock made with wood
  • Balcony
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00073990-003000

Community Details

Overview

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

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Pet Restriction: 20 lbs or ES cert

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$960

Year Built

Built in 2022 | New Construction

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: No
  • Association Fee: 3000.00
  • Mandatory HOA: Yes
  • Dockage Dock: Wood
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: 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: Community Pool, Beach
  • Pets W Restrictions: 20 lbs or ES cert
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 960.27
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2022
  • Alternate Key Number: 8555989
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1200.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Walk-in Closet(s), Storage, Smoke Alarms, Elevator
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Laminate
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: Concrete, ICFs (Insulated Concrete Forms), Combo Construction
  • Exterior Features: Shed, Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Elect Separate Meter
  • Heating: Heat Pump

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,VE,AE
  • Parcel Number: 00073990-003000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Peg 245 Llc
Bought by
Carlson David A and Carlson Nancy E
Current Estimated Value
$720,475

Purchase Details

Closed on
Dec 17, 2003
Bought by
Olszewski Michael S and Olszewski Tamara L
Source: Public Records

Range of Values:

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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
Carlson David A -- --
Olszewski Michael S $305,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $750,000 -16.6% $625 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $899,000 -- $749 / 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 $968 $636,012 -- $636,012
2023 $968 $93,814 $0 $93,814
2022 $960 $93,814 $0 $93,814
2021 $1,003 $93,814 $0 $93,814
2020 $970 $93,814 $0 $93,814
2019 $956 $93,814 $0 $93,814
2018 $1,330 $93,814 $0 $0
2017 $2,326 $236,010 $0 $0
2016 $2,305 $236,010 $0 $0
2015 $1,917 $157,081 $0 $0
2014 $1,959 $157,081 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Randin

    Seller's Agent in 2023

    Kelly Randin

    RE/MAX

    (305) 619-2322

    216 Total Sales

    Kelly Randin
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 605667

Florida Keys Board of REALTORS®

APN: 00073990-003000

Florida Monroe County Key Colony Beach 33051

501 E Ocean Dr Unit 30, Key Colony Beach, FL

This home is located at 501 E Ocean Dr Unit 30, Key Colony Beach, FL 33051 since 14 June 2023 and is currently estimated at $720,475, approximately $600 per square foot. This property was built in 2022. 501 E Ocean Dr Unit 30 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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