NOT LISTED FOR SALE

581 E Ocean Dr Unit 14 Key Colony Beach, FL 33051

Estimated Value: $593,461

2 Beds
2 Baths
1,197 Sq Ft
$1,013/mo HOA Fee

Last Sold August 09, 2022

Last sale price $599,000 $500 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,526/month

1 Day on Market

Highlights

  • Ocean Front
  • Beach
  • Granite Countertops
  • Coral Shores High School Rated A
  • Concrete Pool
  • Stainless Steel Appliances

About This Home

As of August 2022

Florida Keys living at it's best! Well-appointed condo in Sunset Beach Community in prestigious Key Colony with pool and ocean views. Featuring a bright open 1,200 sq. ft. floor plan with updated kitchen including granite counters, stainless steel appliances, and vinyl flooring throughout the unit. Enjoy days spent tanning on the beach, fishing off the pier, or splashing in the pool! Meticulously maintained grounds and onsite management. Weekly rentals allowed. Walk or bike to nearby parks and tiki bars and restaurants. Welcome to your new vacation destination!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 06/10/2022

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 1958

Lot Details

  • Ocean Front

HOA Fees

  • $1,013 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,197 Sq Ft Home
  • Ceiling Fan
  • Vinyl Flooring
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00074020-001600

Community Details

Overview

  • Association fees include bldg exterior mnt, water, common area mnt, cable, building insurance
  • Sunset Beach Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,509

Year Built

Built in 1958

Lot Details

2 Acres

HOA Fees

$1,013 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Fee: 3038.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Water, Common Area Mnt, Cable, Building Insurance
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Manager on Premises, Community Pool, Bike Paths
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3509.43
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Open Parking, Guest Parking
  • Year Built: 1958
  • Alternate Key Number: 8497661
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: No Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1197.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Granite Counter Top
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave
  • Floor: Vinyl
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Other Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,VE,AE
  • Parcel Number: 00074020-001600
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2012
Closed on
Dec 31, 2014
Bought by
Ramon Jose Guillermo
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lian Averhoff
Broker's Edge Realty, Inc.
List Price
$324,500
Sold Price
$239,000
Premium/Discount to List
-$85,500
-26.35%
Current Estimated Value
$593,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,461
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Oct 31, 2000
Bought by
Ramon Jose Guillermo

Purchase Details

Closed on
Feb 1, 1999
Bought by
Ramon Jose Guillermo

Purchase Details

Closed on
Apr 1, 1980
Bought by
Ramon Jose Guillermo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramon Jose Guillermo $239,000 --
Ramon Jose Guillermo $191,000 --
Ramon Jose Guillermo $180,000 --
Ramon Jose Guillermo $18,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2022 08/09/22 Sold $599,000 0.0% $500 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $599,000 +150.6% $500 / Sq Ft
12/23/2014 12/23/14 Sold $239,000 -26.3% $200 / Sq Ft View Prior Sale
12/08/2014 12/08/14 Pending -- -- --
09/18/2012 09/18/12 For Sale $324,500 -- $271 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $5,454 $532,749 -- $532,749
2024 $5,418 $508,888 -- $508,888
2023 $5,418 $508,888 $0 $508,888
2022 $3,942 $416,935 $0 $416,935
2021 $3,509 $303,341 $0 $303,341
2020 $3,287 $303,341 $0 $303,341
2019 $2,251 $197,820 $0 $197,820
2018 $2,295 $197,820 $0 $0
2017 $2,873 $319,065 $0 $0
2016 $2,850 $319,065 $0 $0
2015 $2,291 $195,853 $0 $0
2014 -- $195,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • L

    Seller's Agent in 2014

    Lynn Goodwin, P.a.

    Key Colony Beach Realty

  • L

    Buyer's Agent in 2014

    Lian Averhoff

    Broker's Edge Realty, Inc.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601357

Florida Keys Board of REALTORS®

APN: 00074020-001600

Florida Monroe County Key Colony Beach 33051

581 E Ocean Dr Unit 14, Key Colony Beach, FL

Not Listed for Sale

Condos

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