$570,000
SOLD APR 18, 2022

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

2 Beds
2 Baths
1,197 Sq Ft
$1,084/mo HOA Fee

Recently Sold

$476 Per Sq Ft

1% Below List Price

107 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Sandy Beach
  • Coral Shores High School Rated A
  • Beach
  • Concrete Pool

About This Home

As of February 2025

Very Rare Ground Floor Unit, Co-Op Condo Wonderful Ocean Views. First time in many, many years that a ground floor unit has come on the MLS. Just open the door to your patio and access the beautifully kept grounds, pool, sandy beach, and fabulous fishing pier. The unit is nicely furnished, with an updated kitchen. Weekly rentals allowed, and on site resident manager. The unit is used as an active acation rental, so please schedule all appointments. Interior photos coming soon.

Last Agent to Sell the Property

Lynn Goodwin, P.a.

Key Colony Beach Realty

Co-Listed By

AIMEE KORNETTI

Coldwell Banker Schmitt Real Estate Co. License #3144819

Last Buyer's Agent

Lisa Frins

Century 21 Prestige Realty Grp, Tavernier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,137

Year Built

  • Built in 1958

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $1,084 Monthly HOA Fees

Interior Spaces

  • 1,197 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Ocean Views
  • Monitored
  • Dryer

Kitchen

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

Bedrooms and Bathrooms

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

Parking

  • 1 Parking Space
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00074020-002800

Community Details

Overview

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

Recreation

  • Beach

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,137

Year Built

Built in 1958

Lot Details

0

HOA Fees

$1,084 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 3253.00
  • Mandatory HOA: Yes
  • Control Depth: 1
  • Fee Includes: Bldg Exterior Mnt, Security, Water, Sewer, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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: Airstrip, Manager on Premises, Other Area Features, Beach
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3137.02
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1958
  • Alternate Key Number: 8588861
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 93000.00
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 0000
  • License Info Number Of County License: 0000
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1197.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s), Drapes/Blinds Incl
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Refrigerator, Range, Oven, Dryer
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,VE,VE,AE
  • Parcel Number: 00074020-002800
  • Lot Size: 200 x 437
  • Land Size: 2 Less Than 5 Acres
  • Acres: 2.13

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2013
Bought by
Detro Douglas A Trust 12/28/2012
Total Days on Market
107

Purchase Details

Closed on
Dec 20, 2011
Bought by
Detro Douglas A Trust 12/28/2012

Purchase Details

Closed on
Apr 1, 1997
Bought by
Detro Douglas A Trust 12/28/2012

Map

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

Mortgage History

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

Source: Florida Keys Board of REALTORS®

MLS Number: 598809

Florida Keys Board of REALTORS®

APN: 00074020-002800

Florida Monroe County Key Colony Beach 33051

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

Homes for Sale in Key Colony Beach, FL

This home is located at 581 E Ocean Dr Unit 19, Key Colony Beach, FL 33051 and is currently priced at $570,000, approximately $476 per square foot. This property was built in 1958. 581 E Ocean Dr Unit 19 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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