$599,000
SOLD FEB 14, 2025

581 E Ocean Dr Unit 19 Key Colony Beach, FL 33051

2 Beds
2 Baths
1,197 Sq Ft
2 Acres

Recently Sold

$500 Per Sq Ft

About This Home

As of February 2025

For Statistical purposes ONLY. Sold during 30 day first right of refusal. Imagine waking up to the smell of the ocean & feeling the magical sea breezes that surround you while you gaze upon the water sparkling in the distance.... This DREAM can be your reality at this.... One-of-a-kind, 2 bed/2 bath GROUND floor, unit at SUNSET BEACH. A renowned co-op community with WEEKLY rentals allowed and a full time on site manager, this complex is also located on the Atlantic side of Key Colony Beach in the HEART Marathon, Key Colony Beach is a serene community known for its white sandy beaches and crystal-clear turquoise ocean. Unit 19 is just steps from both the sand and pool area.You will love seeing the mesmerizing open water views from the condo. You will appreciate the OPEN CONCEPT living, dining and kitchen area complete with IMPACT RESISTANT windows and doors! A spacious exterior patio awaits you, perfect for catching sun rays or sipping an afternoon margarita. Notable features of this unit include: ground floor with easy entry/exit and two seating areas allowing a fabulous view of the pool and ocean from the giant window! Tiled throughout with updated bedrooms/bathrooms and furniture.You will enjoy one of the few private fishing piers on the Key, a large private white sand beach, and a beautiful heated pool with grill. A modern white kitchen with GRANITE counter tops, 2 coastal ensuite bathrooms with vanities and mirrors. The washer and dryer conveniently located in the unit along with CENTRAL AC. Key Colony Beach has its own, Post Office, restaurants & tiki bars. The property is spacious with only 36 condos on a picturesque, manicured landscape.The unit comes with an assigned parking spaces with an owner's private storage unit. CALL TODAY - the location of #19 is highly sought after and inits rarely come onto the market at Sunset Beach and it will not last long!

Last Agent to Sell the Property

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499

Last Buyer's Agent

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718

Coldwell Banker Schmitt Real Estate Co.

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,926

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 3253.00
  • Mandatory HOA: Yes
  • Document Count: 3
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • 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: Community Boat Ramp, Bike Paths, Airstrip, Other Area Features, Beach, Tennis Courts
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4926.48
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking
  • Year Built: 1958
  • Alternate Key Number: 8588861
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 69750.00
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1197.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Walk-in Closet(s), Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Sandy Beach, Lighting
  • Roof: Combo Roof, Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Buyer to Verify, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,VE,VE,AE
  • Parcel Number: 00074020-002800
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

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

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $599,000 0.0% $500 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $599,000 +5.1% $500 / Sq Ft
04/18/2022 04/18/22 Sold $570,000 +2.7% $476 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
01/13/2022 01/13/22 Price Changed $555,000 -3.5% $464 / Sq Ft
12/11/2021 12/11/21 For Sale $575,000 -- $480 / Sq Ft
Source: Marathon and Lower Keys Association 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
2024 $4,926 $457,756 -- $457,756
2023 $4,926 $457,756 $0 $457,756
2022 $3,595 $366,062 $0 $366,062
2021 $3,239 $276,275 $0 $276,275
2020 $3,137 $276,275 $0 $276,275
2019 $2,224 $189,639 $0 $189,639
2018 $2,219 $189,639 $0 $0
2017 $2,828 $305,869 $0 $0
2016 $2,804 $305,869 $0 $0
2015 $2,291 $195,853 $0 $0
2014 $2,343 $195,853 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $85,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Deed $220,000 --
Warranty Deed $125,000 --
Source: Public Records

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613709

APN: 00074020-002800