NOT LISTED FOR SALE

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

Estimated Value: $740,222

2 Beds
2 Baths
1,678 Sq Ft
1.75 Acres Lot

Sale Details

Date Sold: April 15, 2021

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

Est. 32% increase in value since last sale

Current estimated payment $5,756 / mo

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

Coldwell Banker Schmitt Real Estate Co. License #471296 Listed on: 07/04/2020

Coldwell Banker Schmitt Real Estate Co.

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

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
Coldwell Banker Schmitt Real Estate Co.
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
$740,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,222
Avg. Annual Appreciation
4.41%

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

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
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

  • Lynn Goodwin

    Seller's Agent in 2021

    Lynn Goodwin

    Coldwell Banker Schmitt Real Estate Co.

    (305) 923-9487

    32 in this area

    71 Total Sales

    Lynn Goodwin
    Section Image
  • AIMEE KORNETTI

    Seller Co-Listing Agent in 2021

    AIMEE KORNETTI

    Coldwell Banker Schmitt Real Estate Co.

    (305) 600-9726

    37 in this area

    85 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

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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