$368,000
SOLD MAY 9, 2018

601 W Ocean Dr Unit 203A Key Colony Beach, FL 33051

2 Beds
2 Baths
1,250 Sq Ft
3 Acres

Recently Sold

$294 Per Sq Ft

10% Below List Price

364 Days on Market

Highlights

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

About This Home

As of May 2018

This home is located at 601 W Ocean Dr Unit 203A, Key Colony Beach, FL 33051 and is currently priced at $368,000, approximately $294 per square foot. This property was built in 1975. 601 W Ocean Dr Unit 203A 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: 03/13/2017

Last Buyer's Agent

Jeannine Cook

Century 21 Circle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1975

Lot Details

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

Interior Spaces

  • 1,250 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00078330-001500

Community Details

Overview

  • No Home Owners Association
  • $2,750 Maintenance Fee
  • Association fees include bldg exterior mnt, sewer, water, common area mnt, cable, building insurance
  • Cay Condo Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,406

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • Maintenance Fee: 2750.00
  • Mandatory HOA: No
  • Control Depth: 4
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Community Boat Ramp, Manager on Premises, Fire Hydrant, Bike Paths
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2406.27
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Year Built: 1975
  • Alternate Key Number: 1084221
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1250.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms, Window Treatments, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE,AE,AE,VE
  • Parcel Number: 00078330-001500
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 11, 2018
Sold by
Dunn Christopher L and Dunn Christine
Bought by
Maddock Paul W and Maddock Jody A
Seller's Agent
Steve Mckeon
Gail's Island Realty, Inc.
Buyer's Agent
Jeannine Cook
Century 21 Circle
List Price
$409,900
Sold Price
$368,000
Premium/Discount to List
-$41,900
-10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$260,000
Outstanding Balance
$226,444
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$328,199

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 8, 2018
Sold by
Dunn Christopher L and Dunn Christine
Bought by
Maddock Paul W and Maddock Jody A
Seller's Agent
Steve Mckeon
Gail's Island Realty, Inc.
Buyer's Agent
Jeannine Cook
Century 21 Circle
List Price
$409,900
Sold Price
$368,000
Premium/Discount to List
-$41,900
-10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$226,444
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$328,199

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jun 30, 2014
Sold by
Selin Dana N
Bought by
Dunn Christopher L and Dunn Christine
Seller's Agent
Steve Mckeon
Gail's Island Realty, Inc.
Buyer's Agent
Marina Cala
Key Colony Beach Realty
List Price
$339,000
Sold Price
$310,000
Premium/Discount to List
-$29,000
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
May 26, 1999
Bought by
Dunn Christopher L and Dunn Christine

Purchase Details

Closed on
Feb 1, 1978
Bought by
Dunn Christopher L and Dunn Christine
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
Warranty Deed $368,000 None Listed On Document
Warranty Deed $368,000 None Listed On Document
Warranty Deed $310,000 Attorney
Warranty Deed $166,000 --
Deed $64,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Closed $260,000 New Conventional
Previous Owner $324,000 Fannie Mae Freddie Mac
Previous Owner $50,000 Credit Line Revolving
Previous Owner $160,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $539,000 -6.3% $437 / Sq Ft
05/06/2025 05/06/25 Price Changed $575,000 -4.0% $466 / Sq Ft
04/12/2025 04/12/25 For Sale $599,000 +62.8% $485 / Sq Ft
05/09/2018 05/09/18 Sold $368,000 -10.2% $294 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
03/13/2017 03/13/17 For Sale $409,900 +32.2% $328 / Sq Ft
06/30/2014 06/30/14 Sold $310,000 -8.6% $251 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $339,000 -- $275 / 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 $4,810 $544,706 -- $544,706
2023 $4,810 $570,772 $0 $570,772
2022 $3,909 $356,108 $0 $356,108
2021 $3,746 $326,975 $0 $326,975
2020 $3,347 $298,024 $0 $298,024
2019 $3,422 $305,906 $0 $305,906
2018 $3,145 $289,362 $0 $0
2017 $2,371 $252,732 $0 $0
2016 $2,406 $247,534 $0 $0
2015 $2,379 $245,813 $0 $0
2014 $1,759 $182,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574725

Florida Keys Board of REALTORS®

APN: 00078330-001500