NOT LISTED FOR SALE

601 W Ocean Dr Unit 202B Key Colony Beach, FL 33051

Estimated Value: $514,635 - $720,000

2 Beds
2 Baths
1,265 Sq Ft
$507/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $307,000 $243 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,883/month

491 Days on Market

Highlights

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

About This Home

As of March 2015

This home is located at 601 W Ocean Dr Unit 202B, Key Colony Beach, FL 33051 since 24 September 2013 and is currently estimated at $640,909, approximately $506 per square foot. This property was built in 1974. 601 W Ocean Dr Unit 202B 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: 09/24/2013

Last Buyer's Agent

Lisa Frins

Century 21 Prestige Realty Grp, Tavernier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1974

Lot Details

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

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,265 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • Grab Bars

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • 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 00078330-001400

Community Details

Overview

  • No Home Owners Association
  • $2,600 Maintenance Fee
  • Association fees include bldg exterior mnt, water, sewer, common area mnt, cable, building insurance
  • Cay Condo Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts

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

$2,311

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • Maintenance Fee: 2600.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Water, Sewer, 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: 14.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Fire Hydrant, Tennis Courts, Manager on Premises, Beach
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2311.22
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1974
  • Alternate Key Number: 1084212
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1265.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Dryer
  • Floor: Carpet, Parquet
  • Windows/Doors: Aluminum Windows, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Grab Bars

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Sandy Beach, Storage, Sprinkler System, Privacy Wall/Fence, Rain Gutters, Outdoor Shower, Fencing, Lighting, Fruit Tree(s)
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00078330-001400
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2013
Closed on
Mar 20, 2015
Sold by
Mares Theresia R
Bought by
Diiulio Jeffrey M and Ferrillo Diiulio Heather A
Seller's Agent
Steve Mckeon
Gail's Island Realty, Inc.
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$319,000
Sold Price
$307,000
Premium/Discount to List
-$12,000
-3.76%
Current Estimated Value
$640,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,909
Avg. Annual Appreciation
7.41%
Original Mortgage
$276,300
Outstanding Balance
$215,372
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$425,537

Purchase Details

Closed on
Mar 12, 1999
Sold by
Catherine F Corcoran Tr
Bought by
Mares Michael E and Mares Theresia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1974
Bought by
Dilulio Jeffrey M
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
Diiulio Jeffrey M $307,000 None Available
Mares Michael E $160,000 --
Dilulio Jeffrey M $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diiulio Jeffrey M $276,300
Previous Owner Mares Michael E $106,000
Previous Owner Mares Michael E $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold $307,000 -3.8% $243 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
09/24/2013 09/24/13 For Sale $319,000 -- $252 / 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 $4,123 $457,230 -- $457,230
2023 $4,123 $479,072 $0 $479,072
2022 $3,366 $299,200 $0 $299,200
2021 $3,224 $274,789 $0 $274,789
2020 $2,893 $250,931 $0 $250,931
2019 $2,934 $257,546 $0 $257,546
2018 $2,604 $231,099 $0 $0
2017 $2,807 $260,195 $0 $0
2016 $2,912 $260,195 $0 $0
2015 $2,772 $245,813 $0 $0
2014 $2,769 $245,813 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562124

Florida Keys Board of REALTORS®

APN: 00078330-001400