NOT LISTED FOR SALE

581 E Ocean Dr Unit 18 Key Colony Beach, FL 33051

Estimated Value: $566,907

2 Beds
2 Baths
1,197 Sq Ft
2 Acres Lot

Sale Details

Date Sold: June 19, 2019

Last sale price $310,000 $259 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,391 / mo

114 Days on Market

Highlights

  • Ocean Front
  • Beach
  • In Ground Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • Fruit Trees

About This Home

As of June 2019

CO-OP/ CONDO NICE LAYOUT WITH 2 LARGE BEDROOMS, THE MASTER IS FACING THE POOL WITH A VIEW OF THE OCEAN AND BEAUTIFUL GROUNDS. IMPACT RESISTANT GLASS WINDOWS ARE BEING INSTALLED IN THE POOLSIDE OF THE UNIT.

Last Agent to Sell the Property

Lynn Goodwin

Coldwell Banker Schmitt Real Estate Co. License #471296 Listed on: 02/12/2019

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

AIMEE KORNETTI

Coldwell Banker Schmitt Real Estate Co. License #3144819

Last Buyer's Agent

John Nazzaro

Keller Williams Realty Premier Properties - Kendall License #3052192

Keller Williams Realty Premier Properties - Kendall

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1958

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fruit Trees

HOA Fees

  • $1,097 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,197 Sq Ft Home
  • Furnished
  • Shutters
  • Blinds
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Awning

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 00074020-002700

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, water, common area mnt, cable, building insurance
  • 36 Units
  • Sunset Beach Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,368

Year Built

Built in 1958

Lot Details

2 Acres

HOA Fees

$1,097 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: 3291.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Community Pool, Manager on Premises, Bike Paths
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2367.65
  • Vehicle Storage: Assigned Parking
  • Year Built: 1958
  • Alternate Key Number: 8588852
  • Building Style: Other Bldg Style
  • Cooling Heating: Wall/Window Unit(s)
  • Pool Info: In Ground
  • Porch Balcony: No Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1197.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Walk-in Closet(s), Drapes/Blinds Incl
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Refrigerator, Range, Oven
  • Floor: Carpet, Vinyl
  • Windows/Doors: Awning Windows, Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None, Open Water, Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fruit Tree(s), Sandy Beach
  • Roof: Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,VE,VE,AE
  • Parcel Number: 00074020-002700
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 36.00

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2019 06/19/19 Sold $310,000 -4.6% $259 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $324,900 -- $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 $2,706 $286,442 -- --
2024 $2,553 $278,370 -- --
2023 $2,553 $270,263 $0 $0
2022 $2,461 $262,392 $0 $0
2021 $2,451 $254,750 $0 $254,750
2020 $2,377 $254,750 $0 $254,750
2019 $2,281 $187,845 $0 $187,845
2018 $2,203 $187,845 $0 $0
2017 $2,819 $302,975 $0 $0
2016 $2,793 $302,975 $0 $0
2015 $2,291 $195,853 $0 $0
2014 $2,343 $195,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Goodwin

    Seller's Agent in 2019

    Lynn Goodwin

    Coldwell Banker Schmitt Real Estate Co.

    (305) 923-9487

    32 in this area

    71 Total Sales

    Lynn Goodwin
    Section Image
  • AIMEE KORNETTI

    Seller Co-Listing Agent in 2019

    AIMEE KORNETTI

    Coldwell Banker Schmitt Real Estate Co.

    (305) 600-9726

    37 in this area

    85 Total Sales

    AIMEE KORNETTI
    Section Image
  • John Nazzaro

    Buyer's Agent in 2019

    John Nazzaro

    Keller Williams Realty Premier Properties - Kendall

    (305) 731-9370

    1 in this area

    34 Total Sales

    John Nazzaro
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584270

Florida Keys Board of REALTORS®

APN: 00074020-002700

Florida Monroe County Key Colony Beach 33051

581 E Ocean Dr Unit 18, Key Colony Beach, FL

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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