NOT LISTED FOR SALE

601 W Ocean Dr Unit 304-B Key Colony Beach, FL 33051

Estimated Value: $567,017 - $938,000

2 Beds
2 Baths
1,234 Sq Ft
$556/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $315,000 $255 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,169/month

368 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Stainless Steel Appliances
  • Coral Shores High School Rated A
  • No HOA

About This Home

As of July 2013

This home is located at 601 W Ocean Dr Unit 304-B, Key Colony Beach, FL 33051 since 14 June 2012 and is currently estimated at $686,004, approximately $555 per square foot. This property was built in 1974. 601 W Ocean Dr Unit 304-B 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: 06/14/2012

Last Buyer's Agent

Kelly Kline

Coldwell Banker Schmitt RE Co. Lower Keys Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,916

Year Built

  • Built in 1974

Lot Details

  • 3

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,234 Sq Ft Home
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Outdoor Pool
  • Ocean Front

Community Details

  • No Home Owners Association
  • $2,443 Maintenance Fee
  • Association fees include bldg exterior mnt, water, sewer, common area mnt, cable, building insurance
  • 51 Units
  • Cay Condo Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 14
  • Assessor Parcel Number 00078330-002500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,916

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Maintenance Fee: 2443.00
  • 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
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: Yes
  • Mile Marker: 53.50
  • Min Rental Days: 14.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2916.00
  • Year Built: 1974
  • Alternate Key Number: 1084328
  • Building Style: Townhouse
  • Association Maintenance Fee Per: Quarterly
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1234.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Dryer, Disposal
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA, Elect Separate Meter, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00078330-002500
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2011

Multi Family

  • Total Units: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Memon Michele
Bought by
Memon Michele and Michele Memon Living Trust
Current Estimated Value
$686,004

Purchase Details

Listed on
Jun 14, 2012
Closed on
Jul 26, 2013
Sold by
Pew Robin M
Bought by
Memon Michele
Seller's Agent
Steve Mckeon
Gail's Island Realty, Inc.
Buyer's Agent
Kelly Kline
Coldwell Banker Schmitt RE Co. Lower Keys Office
List Price
$399,000
Sold Price
$315,000
Premium/Discount to List
-$84,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$252,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2010
Sold by
Pew Robin M and Estate Of Doris C Edwards
Bought by
Pew Robin M

Purchase Details

Closed on
Nov 23, 2009
Sold by
Marzelli Robin E and Estate Of Doris C Edwards
Bought by
Buric Glenn Joseph and Buric Karen Linda

Purchase Details

Closed on
Nov 10, 1999
Sold by
Hastings Edward C and Hastings Joanne S
Bought by
Edwards Doris

Purchase Details

Closed on
Feb 1, 1974
Bought by
Memon Michele
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
Memon Michele -- --
Memon Michele $315,000 Attorney
Pew Robin M -- Attorney
Buric Glenn Joseph $410,000 Attorney
Edwards Doris $220,000 --
Memon Michele $40,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memon Michele $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $315,000 -21.1% $255 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
06/14/2012 06/14/12 For Sale $399,000 -- $323 / 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 $4,555 $512,246 -- $512,246
2023 $4,555 $536,745 $0 $536,745
2022 $3,708 $334,991 $0 $334,991
2021 $3,552 $307,610 $0 $307,610
2020 $3,171 $280,000 $0 $280,000
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 $2,838 $245,813 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Mckeon

    Gail's Island Realty, Inc.

    (305) 289-9696

    24 Total Sales

    Steve Mckeon
    Section Image

  • K

    Buyer's Agent in 2013

    Kelly Kline

    Coldwell Banker Schmitt RE Co. Lower Keys Office

  • Kelly Gardner

    Buyer's Agent in 2013

    Kelly Gardner

    Bluescape Real Estate

    (305) 394-5981

    42 Total Sales

    Kelly Gardner
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 558234

Florida Keys Board of REALTORS®

APN: 00078330-002500

Florida Monroe County Key Colony Beach 33051

601 W Ocean Dr Unit 304-B, Key Colony Beach, FL

This home is located at 601 W Ocean Dr Unit 304-B, Key Colony Beach, FL 33051 since 14 June 2012 and is currently estimated at $686,004, approximately $555 per square foot. This property was built in 1974. 601 W Ocean Dr Unit 304-B 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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