NOT LISTED FOR SALE

581 E Ocean Dr Unit 8 Key Colony Beach, FL 33051

Estimated Value: $746,567

2 Beds
2 Baths
1,678 Sq Ft
$1,209/mo HOA Fee

Last Sold April 15, 2021

Last sale price $562,500 $335 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,596/month

258 Days on Market

Highlights

  • Ocean Front
  • Sandy Beach
  • 1.75 Acre Lot
  • Coral Shores High School Rated A
  • Concrete Pool
  • Fruit Trees

About This Home

As of April 2021

Breathtaking Ocean Views Directly Over SAND BEACH and fabulous fishing pier at this Co-op condo on Key Colony Beach. Unit set up as a 2 bedroom 2 bath with possible additional sleeping quarters included in Florida room/porch. Completely remodeled kitchen and baths, and has impact rated windows throughout . Some of the other highlighted features :New roof, New doors, New Central A/C, New hot water heater, New appliances Dishwasher, disposal, refrigerator, & washer/dryer. New blinds and Flooring. Many of the furnishings are NEW.

Last Agent to Sell the Property

Lynn Goodwin, P.a.

Key Colony Beach Realty Listed on: 07/04/2020

Co-Listed By

AIMEE KORNETTI

Coldwell Banker Schmitt Real Estate Co. License #3144819

Last Buyer's Agent

Karen Raspe

Island Breeze Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,723

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced
  • Fruit Trees

HOA Fees

  • $1,209 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,678 Sq Ft Home
  • Furnished
  • Blinds
  • Laminate Flooring
  • Ocean Views
  • Monitored

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

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

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00074020-001200

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,723

Year Built

Built in 1958 | Remodeled

Lot Details

1.75 Acres

HOA Fees

$1,209 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: 3628.00
  • Mandatory HOA: Yes
  • Dockage Seawall: Other
  • Fee Includes: Bldg Exterior Mnt, Water, Sewer, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Community Pool, Tennis Courts, Other Area Features, Manager on Premises
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2722.71
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Vehicle Restrictions, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1958
  • Alternate Key Number: 1079341
  • Cooling Heating: Central Air
  • Lot Sq Ft: 76788.00
  • Pool Info: Concrete, In Ground, Decked
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1678.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Walk-in Closet(s), Elevator, Drapes/Blinds Incl
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Laminate
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed
  • Sq Ft Remarks: Tax Assessor's site map. Buyer to verify

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,VE,VE,AE
  • Parcel Number: 00074020-001200
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.75

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Sep 2, 2015
Bought by
Tice Nancy C
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Bill Paulson
Prestige Realty Group MTH
List Price
$479,000
Sold Price
$465,000
Premium/Discount to List
-$14,000
-2.92%
Current Estimated Value
$746,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,567
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
Apr 9, 2015
Bought by
Tice Nancy C

Purchase Details

Closed on
Apr 1, 2012
Bought by
Tice Nancy C

Purchase Details

Closed on
Jan 9, 2002
Bought by
Tice Nancy C

Purchase Details

Closed on
Sep 1, 1978
Bought by
Tice Nancy C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Tice Nancy C $465,000 --
Tice Nancy C -- --
Tice Nancy C $325,000 --
Tice Nancy C $401,000 --
Tice Nancy C $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2021 04/15/21 Sold $562,500 -6.1% $335 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $599,000 +6.5% $357 / Sq Ft
12/28/2020 12/28/20 Off Market $562,500 -- --
10/12/2020 10/12/20 Price Changed $599,000 -1.8% $357 / Sq Ft
07/04/2020 07/04/20 For Sale $610,000 +31.2% $364 / Sq Ft
08/07/2015 08/07/15 Sold $465,000 -2.9% $277 / Sq Ft View Prior Sale
07/28/2015 07/28/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $479,000 -- $285 / 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 $6,487 $665,035 -- $665,035
2024 $6,093 $634,940 -- $634,940
2023 $6,093 $634,940 $0 $634,940
2022 $5,326 $504,525 $0 $504,525
2021 $4,130 $365,399 $0 $365,399
2020 $3,997 $365,399 $0 $365,399
2019 $2,723 $233,527 $0 $233,527
2018 $2,627 $233,527 $0 $0
2017 $3,862 $376,656 $0 $0
2016 $4,013 $376,656 $0 $0
2015 $3,339 $304,660 $0 $0
2014 $3,421 $304,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lynn Goodwin, P.a.

    Key Colony Beach Realty

  • AIMEE KORNETTI

    Seller Co-Listing Agent in 2021

    AIMEE KORNETTI

    Coldwell Banker Schmitt Real Estate Co.

    (305) 600-9726

    61 in this area

    120 Total Sales

    AIMEE KORNETTI
    Section Image

  • K

    Buyer's Agent in 2021

    Karen Raspe

    Island Breeze Realty, LLC

  • K

    Buyer's Agent in 2021

    Karen Raspe, PA

    American Caribbean Real Estate - Middle Keys

  • B

    Buyer's Agent in 2015

    Bill Paulson

    Prestige Realty Group MTH

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591556

Florida Keys Board of REALTORS®

APN: 00074020-001200

Florida Monroe County Key Colony Beach 33051

581 E Ocean Dr Unit 8, Key Colony Beach, FL

Not Listed for Sale

Condos

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