NOT LISTED FOR SALE

601 W Ocean Dr Unit 206D Key Colony Beach, FL 33051

Estimated Value: $623,000 - $651,000

2 Beds
2.5 Baths
1,344 Sq Ft
$474/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $459,000 $342 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,915/month

5 Days on Market

Highlights

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

About This Home

As of June 2021

The Cay is an ocean front community! beautifully manicured and professionally landscaped. It offers a private beach with breathtaking views of the Atlantic Ocean. Amazing balcony overlooking the pool, garden, and a peak of view of the ocean. This 2-story unit features a living area with 1/2 bath on the 1st floor and 2 secluded bedrooms with 2 bathrooms on the second floor. Large master bedroom with a private master bath and plenty of closet space. Guest bedroom is large and quiet with a balcony. Accordion shutters for your protection. This property is extraordinarily good for investment with a 14 day minimum rental, or a great homy home. Beautifully decorated and very well taken care of and maintained. Easy to show.

Last Agent to Sell the Property

Jose Vigo

RE/MAX All Keys Real Estate License #3059310 Listed on: 04/29/2021

RE/MAX All Keys Real Estate

Last Buyer's Agent

Steve Mckeon

Keys Island Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,203

Year Built

  • Built in 1975

Lot Details

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

HOA Fees

  • $950 Monthly HOA Fees

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Grab Bars
  • Accessible Doors

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Balcony
  • 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 00078330-001800

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, water, common area mnt, cable, building insurance
  • Cay Condo Subdivision
  • The community has rules related to deed restrictions
  • 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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,203

Year Built

Built in 1975

Lot Details

0

HOA Fees

$950 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 2850.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • Min Rental Days: 14.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Fire Hydrant, Manager on Premises, Community Boat Ramp, Bike Paths
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3202.52
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Year Built: 1975
  • Alternate Key Number: 1084255
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1344.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Wine Cooler, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, Dryer
  • Floor: Carpet, Tile, Marble, Combo
  • Half Bathrooms: 1
  • Windows/Doors: Aluminum Windows, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Doors, Grab Bars

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Chickee Hut, Storage, Sandy Beach, Sprinkler System, Rain Gutters, Outdoor Shower, Fencing, Lighting, Fruit Tree(s)
  • Roof: Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,AE,AE,VE
  • Parcel Number: 00078330-001800
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 28, 2021
Sold by
Fuqua Gregory and Schopmeyer Joyce E
Bought by
Grant Alan E and Grant Laurianne
Seller's Agent
Jose Vigo
RE/MAX All Keys Real Estate
Buyer's Agent
Steve Mckeon
Keys Island Realty, Inc.
List Price
$459,000
Sold Price
$459,000
Current Estimated Value
$637,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,125
Avg. Annual Appreciation
8.46%
Original Mortgage
$259,000
Outstanding Balance
$237,535
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$399,590

Purchase Details

Closed on
May 1, 2014
Sold by
Morrow Kenneth and Morrow Patricia
Bought by
Fuqua Gregory and Schopmeyer Joyce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,800
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2010
Sold by
Morrow Harry and Morrow Patricia
Bought by
Morrow Harry and Morrow Kenneth

Purchase Details

Closed on
Jun 14, 1996
Sold by
Hollands Robert E
Bought by
Morrow Harry and Morrow Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1995
Bought by
Fuqua Gregory

Purchase Details

Closed on
May 1, 1989
Bought by
Fuqua Gregory

Purchase Details

Closed on
Apr 1, 1986
Bought by
Fuqua Gregory

Purchase Details

Closed on
Aug 1, 1983
Bought by
Fuqua Gregory
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
Grant Alan E $459,000 Attorney
Fuqua Gregory $253,500 Attorney
Morrow Harry $65,000 Attorney
Morrow Harry $163,000 --
Fuqua Gregory $150,000 --
Fuqua Gregory $150,000 --
Fuqua Gregory $124,000 --
Fuqua Gregory $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Alan E $259,000
Previous Owner Fuqua Gregory $202,800
Previous Owner Morrow Harry K $69,500
Previous Owner Morrow Harry $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $459,000 0.0% $342 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $459,000 -- $342 / 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 $5,357 $615,236 -- $615,236
2023 $5,357 $644,810 $0 $644,810
2022 $4,339 $401,131 $0 $401,131
2021 $3,713 $348,981 $0 $348,981
2020 $3,203 $283,064 $0 $283,064
2019 $3,077 $272,798 $0 $272,798
2018 $2,727 $244,384 $0 $0
2017 $2,980 $279,271 $0 $0
2016 $3,092 $279,271 $0 $0
2015 $2,983 $267,725 $0 $0
2014 $2,980 $267,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595849

Florida Keys Board of REALTORS®

APN: 00078330-001800