$465,000
SOLD AUG 7, 2015

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

2 Beds
2 Baths
1,678 Sq Ft
$1,182/mo HOA Fee

Recently Sold

$277 Per Sq Ft

3% Below List Price

95 Days on Market

Highlights

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

About This Home

As of April 2021

DIRECT BEACH FRONT CO-OP CONDO UNIT. NICELY FURNISHED, VERY POPULAR IN THE RENTAL PROGRAM. THE ELEVATOR IS LOCATED IN THAT BUILDING. ON-SITE RENTAL MANAGER. BEAUTIFUL GROUNDS, GREAT SWIMMING POOL AND BEST FISHING PIER IN KEY COLONY BEACH.

Last Agent to Sell the Property

Lynn Goodwin, P.a.

Key Colony Beach Realty Listed on: 04/24/2015

Last Buyer's Agent

Bill Paulson

Prestige Realty Group MTH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,421

Year Built

  • Built in 1958

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $1,182 Monthly HOA Fees

Interior Spaces

  • 1,678 Sq Ft Home
  • Furnished
  • Awning
  • Shutters
  • 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
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00074020-001200

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, water, common area mnt, cable, building insurance
  • Sunset Beach Subdivision

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,421

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
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 3545.00
  • 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
  • Neighborhood Feature: Manager on Premises, Tennis Courts
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3420.54
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1958
  • Alternate Key Number: 1079341
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1678.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

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

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE,VE,VE,AE
  • Parcel Number: 00074020-001200
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2014

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
$764,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,929
Avg. Annual Appreciation
5.08%

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

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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
Deed $465,000 --
Warranty Deed -- --
Warranty Deed $325,000 --
Warranty Deed $401,000 --
Deed $25,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 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 $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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 567307

Florida Keys Board of REALTORS®

APN: 00074020-001200