NOT LISTED FOR SALE

581 E Ocean Dr Unit 32 Key Colony Beach, FL 33051

Key Colony Beach Area

Estimated Value: $527,536

2 Beds
2 Baths
1,197 Sq Ft
1.6 Acre Lot

Sale Details

Date Sold: November 29, 2022

Last sale price $520,000 $434 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,334 / mo

47 Days on Market

Highlights

  • Ocean Front
  • 69,750 Sq Ft lot
  • Granite Countertops
  • Coral Shores High School Rated A
  • Furnished
  • Impact Glass

About This Home

As of November 2022

This 2 bedroom, 2 bath coop unit has views of the ocean from the living room and main bedroom. There is a large pool, and shuffleboard courts. A fishing pier that has a cleaning station for the fish you catch. An elevator in the building. Grounds are well maintained. Close enough to bike to the park, restaurants, post office, City Hall, and Golf Course. There are Pickle Ball and Tennis Courts, as well as a playground for children. Weekly rentals allowed, Manager on site.

Last Agent to Sell the Property

Nancy Hershoff

Engel & Volkers Islamorada License #3292981 Listed on: 10/06/2022

Last Buyer's Agent

Dawn McComish

Keller Williams Key West Compass Realty License #3021595

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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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,030

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 1.6

HOA Fees

  • $1,013 per month

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,197 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Separate Meters
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Community Details

Overview

  • Key Colony Beach Subdivision
  • Association Approval Required

Pet Policy

  • No Pets Allowed

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,030

Year Built

Built in 1958 | Remodeled

Lot Details

1.6 Acres

HOA Fees

$1,013 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Building Style Above Flood: Unknown
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Co List Office Mls Id: 1059507
  • Co List Office Phone: 305-587-3663
  • Subdivision Name: Key Colony Beach (53.5)
  • Dockage: None
  • Vehicle Storage: Assigned Parking
  • Waterview: Open Water View
  • Association Info: Assoc Approval Req: Yes
  • Building Style: Stories: 2 Stories
  • Financial Status: Bank Owned: No
  • Pre-Wired: Cable
  • Accessibility Feat: Accessible Elevator Installed
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top
  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Features: Drapes/Blinds Incl, Built-in Cabinets, Granite Counter Top
  • WindowsDoors: Glass Doors, Impact Rstnce Window
  • General Property Description: Floor Number: 2.0

Exterior Features

  • Waterfront: Yes
  • Construction Type: CBS
  • General Property Description: Waterfront: Yes
  • Waterfront: Oceanfront
  • Roof: Combo Roof, Other Roof

Utilities

  • Utilities: Elect Separate Meter, See Remarks
  • Cooling: Wall/Window Unit(s), Ceiling Fans(s), Heat
  • Utilities: FKAA, Municipal Sewer, Elect Separate Meter, Other - See Remarks

Condo/Co-op/Association

  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 69750.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3030.48

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2012
Bought by
Current Estimated Value
$527,536

Purchase Details

Closed on
Apr 1, 1980
Bought by
Baugher Nadine J

Purchase Details

Closed on
Jul 1, 1979
Bought by
Baugher Nadine J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Key Colony Beach, FL

  • Natalie Ardis Real Estate Agent - Coldwell Banker Schmitt Real Estate Co.

    Natalie Ardis

    Coldwell Banker Schmitt Real Estate Co.

    (844) 955-0059

    26 Total Sales

    5 in Key Colony Beach

    $485K - $1.4M Price Range

    Natalie Ardis
     Section Image
  • Anneliese Dietrick Real Estate Agent - Coldwell Banker Schmitt Lower Keys (KW)

    Anneliese Dietrick

    Coldwell Banker Schmitt Lower Keys (KW)

    (844) 666-4591

    37 Total Sales

    2 in Key Colony Beach

    $1,100,000 Price Range

    Anneliese Dietrick
     Section Image
  • Victor Ruiz Real Estate Agent - Move Miami, LLC.

    Victor Ruiz

    Move Miami, LLC.

    (786) 828-5367

    49 Total Sales

    1 in Key Colony Beach

    $1,120,000 Price

    Victor Ruiz
     Section Image
  • Lisa Ferringo Real Estate Agent - Coldwell Banker Schmitt Real Estate Co

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    (786) 751-5529

    560 Total Sales

    17 in Key Colony Beach

    $599K - $7.4M Price Range

    Lisa Ferringo
     Section Image
  • Joseph Suarez Real Estate Agent - Trustpoint Realty, LLC.

    Joseph Suarez

    Trustpoint Realty, LLC.

    (786) 460-1090

    41 Total Sales

    5 in Key Colony Beach

    $950K - $4.8M Price Range

    Joseph Suarez
     Section Image
  • David Cabarrocas Real Estate Agent - Coldwell Banker Realty

    David Cabarrocas

    Coldwell Banker Realty

    (877) 511-5623

    40 Total Sales

    2 in Key Colony Beach

    $12,000,000 Price Range

    David Cabarrocas
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Baugher Nadine J $16,000 --
Baugher Nadine J $16,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2022 11/29/22 Sold $520,000 -11.0% $434 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $584,000 +38.4% $488 / Sq Ft
07/16/2021 07/16/21 Sold $422,000 +0.7% $353 / Sq Ft View Prior Sale
04/13/2021 04/13/21 For Sale $419,000 -- $350 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,250 $487,476 $278,876 $208,600
2025 $6,331 $477,918 $273,408 $204,510
2024 $6,331 $468,548 $268,048 $200,500
2023 $6,145 $459,362 $262,793 $196,569
2022 $5,988 $450,356 $257,641 $192,715
2021 $5,858 $441,527 $252,590 $188,937
2020 $5,828 $437,000 $250,000 $187,000
2019 $2,511 $210,253 $63,003 $147,250
2018 $2,469 $206,131 $61,768 $144,363
2017 $30 $202,090 $60,557 $141,533
2016 $2,337 $198,128 $59,370 $138,758
2015 $2,324 $195,153 $58,479 $136,674
2014 $2,278 $191,331 $57,334 $133,997
Source: Public Records

Agents Affiliated with this Home

  • NH

    Seller's Agent in 2022

    Nancy Hershoff

    Engel & Volkers Islamorada

  • DM

    Buyer's Agent in 2022

    Dawn McComish

    Keller Williams Key West Compass Realty

  • LG

    Seller's Agent in 2021

    Lynn Goodwin, P.a.

    Key Colony Beach Realty

  • AIMEE KORNETTI Real Estate Agent - Coldwell Banker Schmitt Real Estate Co.

    Seller Co-Listing Agent in 2021

    AIMEE KORNETTI

    Coldwell Banker Schmitt Real Estate Co.

    (305) 600-9726

    73 Total Sales

    AIMEE KORNETTI
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602693

Florida Keys Board of REALTORS®

APN: 00074020-001300

Florida Monroe County Key Colony Beach 33051

581 E Ocean Dr Unit 32, 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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