NOT LISTED FOR SALE

581 E Ocean Dr Unit 36 Key Colony Beach, FL 33051

Estimated Value: $631,254

2 Beds
2 Baths
1,197 Sq Ft
$1,182/mo HOA Fee

Last Sold September 19, 2014

Last sale price $268,000 $224 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,974/month

37 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Walk-In Closet
  • Coral Shores High School Rated A
  • Furnished
  • Accessible Parking

About This Home

As of September 2014

Pool to Ocean View from this updated end unit, 2 bedroom 2 bath, great location, large pool, lovely Sandy Beach, and the best fishing pier in Key Colony Bch. Unit has its own washer & Dryer, and building has Elevator. On site manager does rentalsweekly. Co-operative, title conveyed by Certificate to Occupy.

Last Agent to Sell the Property

Lynn Goodwin, P.a.

Key Colony Beach Realty Listed on: 07/10/2014

Last Buyer's Agent

Lynn Goodwin

Coldwell Banker Schmitt Real Estate Co. License #471296

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1958

Lot Details

  • 2

HOA Fees

  • $1,182 Monthly HOA Fees

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

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

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Additional Features

  • In Ground Pool
  • Ocean Front

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00074020-003500

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,374

Year Built

Built in 1958

Lot Details

0

HOA Fees

$1,182 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • Association Fee: 14187.00
  • Mandatory HOA: Yes
  • Control Depth: 1
  • 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
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2373.93
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1958
  • Alternate Key Number: 8588933
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat
  • Pool Info: In Ground
  • Porch Balcony: No Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1197.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s), Window Treatments, Elevator, Drapes/Blinds Incl
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 2
  • Accessibility Features: Accessible, Parking, Accessible Elevator Installed

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00074020-003500
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2014
Closed on
Sep 30, 2014
Bought by
Bentivegna Timothy J and Bentivegna Debra L
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$299,000
Sold Price
$268,000
Premium/Discount to List
-$31,000
-10.37%
Current Estimated Value
$631,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,254
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Apr 9, 2012
Bought by
Bentivegna Timothy J and Bentivegna Debra L

Purchase Details

Closed on
Mar 29, 2005
Bought by
Bentivegna Timothy J and Bentivegna Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,400
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Bentivegna Timothy J $268,000 --
Bentivegna Timothy J -- --
Bentivegna Timothy J $470,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Thomas H $376,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $268,000 -10.4% $224 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $299,000 -- $250 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,033 $444,132 -- $444,132
2023 $4,033 $444,132 $0 $444,132
2022 $3,539 $354,024 $0 $354,024
2021 $3,210 $273,387 $0 $273,387
2020 $3,109 $273,387 $0 $273,387
2019 $2,198 $181,859 $0 $181,859
2018 $2,147 $181,859 $0 $0
2017 $2,786 $293,322 $0 $0
2016 $2,760 $293,322 $0 $0
2015 $2,291 $195,853 $0 $0
2014 $2,343 $195,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lynn Goodwin, P.a.

    Key Colony Beach Realty

  • Lynn Goodwin

    Buyer's Agent in 2014

    Lynn Goodwin

    Coldwell Banker Schmitt Real Estate Co.

    (305) 731-5328

    106 Total Sales

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 564696

Florida Keys Board of REALTORS®

APN: 00074020-003500

Florida Monroe County Key Colony Beach 33051

581 E Ocean Dr Unit 36, Key Colony Beach, FL

This home is located at 581 E Ocean Dr Unit 36, Key Colony Beach, FL 33051 since 10 July 2014 and is currently estimated at $631,254, approximately $527 per square foot. This property was built in 1958. 581 E Ocean Dr Unit 36 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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