NOT LISTED FOR SALE

601 W Ocean Dr Unit 111C Key Colony Beach, FL 33051

Estimated Value: $630,758 - $875,000

2 Beds
2.5 Baths
1,465 Sq Ft
$483/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $299,000 $204 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,309/month

5 Days on Market

Highlights

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

About This Home

As of October 2012

This home is located at 601 W Ocean Dr Unit 111C, Key Colony Beach, FL 33051 since 21 September 2012 and is currently estimated at $706,940, approximately $482 per square foot. This property was built in 1973. 601 W Ocean Dr Unit 111C is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Last Agent to Sell the Property

Steve Mckeon

Gail's Island Realty, Inc. License #3109563 Listed on: 09/21/2012

Last Buyer's Agent

Steve Mckeon

Keys Island Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1973

Lot Details

  • Ocean Front
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Fruit Trees

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,465 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Skylights
  • Single Hung Windows
  • Sliding Doors
  • Storage
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Balcony
  • Exterior Lighting
  • Shed
  • Tiki or Chickee Hut
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 14
  • Assessor Parcel Number 00078330-001100

Community Details

Overview

  • No Home Owners Association
  • $2,300 Maintenance Fee
  • Association fees include bldg exterior mnt, water, sewer, common area mnt, cable, building insurance
  • 50 Units
  • Cay Condo Subdivision
  • The community has rules related to vehicle restrictions
  • Rental Restrictions

Recreation

  • Beach

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,963

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Maintenance Fee: 2300.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Water, Other, Sewer, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: Yes
  • Mile Marker: 53.50
  • Min Rental Days: 14.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Fire Hydrant, Manager on Premises, Beach
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2962.67
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Vehicle Restrictions, Guest Parking
  • Year Built: 1973
  • Alternate Key Number: 1084182
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1465.00
  • Pre Wired: Cable
  • Pre Wired Other: YES
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Sky Light(s), Storage, Smoke Alarms
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Dryer
  • Floor: Carpet, Parquet
  • Half Bathrooms: 1
  • Windows/Doors: Aluminum Windows, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Sandy Beach, Storage, Sprinkler System, Shed, Privacy Wall/Fence, Rain Gutters, Outdoor Shower, Fencing, Lighting, Fruit Tree(s)
  • Roof: Other Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Community Swr Plant, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00078330-001100
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2011

Multi Family

  • Total Units: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2018
Sold by
Friend Stanley M and The Stanley M Friend Revocable
Bought by
Friend Stanley8 M and Friend Laura M
Current Estimated Value
$706,940

Purchase Details

Listed on
Sep 21, 2012
Closed on
Oct 11, 2012
Sold by
Payto Gerald J and Gerald J Payto Trust Agreement
Bought by
One Eleven Cay Llc
Seller's Agent
Steve Mckeon
Gail's Island Realty, Inc.
Buyer's Agent
Steve Mckeon
Keys Island Realty, Inc.
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Mar 20, 2003
Sold by
Payto Gerald J
Bought by
Payto Gerald J

Purchase Details

Closed on
Jun 1, 1992
Bought by
One Eleven Cay Llc

Purchase Details

Closed on
Dec 1, 1988
Bought by
One Eleven Cay Llc

Purchase Details

Closed on
Mar 1, 1981
Bought by
One Eleven Cay Llc
Source: Public Records

Range of Values:

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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
Friend Stanley8 M -- Attorney
One Eleven Cay Llc $299,000 Attorney
Payto Gerald J -- --
One Eleven Cay Llc $162,000 --
One Eleven Cay Llc $131,000 --
One Eleven Cay Llc $145,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2012 10/16/12 Sold $299,000 0.0% $204 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $299,000 -- $204 / 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 $4,863 $562,862 -- $562,862
2023 $4,863 $590,194 $0 $590,194
2022 $3,906 $355,769 $0 $355,769
2021 $3,738 $326,181 $0 $326,181
2020 $3,333 $296,618 $0 $296,618
2019 $3,237 $286,767 $0 $286,767
2018 $2,840 $256,550 $0 $0
2017 $3,116 $294,322 $0 $0
2016 $3,235 $294,322 $0 $0
2015 $3,235 $293,820 $0 $0
2014 $3,231 $293,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Steve Mckeon

    Gail's Island Realty, Inc.

    (305) 289-9696

    24 Total Sales

    Steve Mckeon
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 559015

Florida Keys Board of REALTORS®

APN: 00078330-001100

Florida Monroe County Key Colony Beach 33051

601 W Ocean Dr Unit 111C, Key Colony Beach, FL

This home is located at 601 W Ocean Dr Unit 111C, Key Colony Beach, FL 33051 since 21 September 2012 and is currently estimated at $706,940, approximately $482 per square foot. This property was built in 1973. 601 W Ocean Dr Unit 111C 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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