NOT LISTED FOR SALE

601 W Ocean Dr Unit 305A Key Colony Beach, FL 33051

Estimated Value: $650,000 - $947,000

2 Beds
2 Baths
1,234 Sq Ft
$667/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $580,000 $470 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,061/month

115 Days on Market

Highlights

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

About This Home

As of July 2020

This home is located at 601 W Ocean Dr Unit 305A, Key Colony Beach, FL 33051 since 13 March 2020 and is currently estimated at $822,976, approximately $666 per square foot. This property was built in 1975. 601 W Ocean Dr Unit 305A 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: 03/13/2020

Last Buyer's Agent

Karen Raspe

Island Breeze Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,623

Year Built

  • Built in 1975

Lot Details

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

HOA Fees

  • $950 Monthly HOA Fees

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,234 Sq Ft Home
  • Furnished
  • Blinds
  • Single Hung Windows
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Accessible Home Design

  • Accessible Doors

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Balcony
  • 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

  • Assessor Parcel Number 00078330-002600

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, water, common area mnt, cable, building insurance
  • 50 Units
  • Cay Condo Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,623

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: No
  • Association Fee: 2850.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Common Area Mnt, Cable, Building Insurance
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Tennis Courts, Manager on Premises, Fire Hydrant, Beach
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3622.97
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1975
  • Alternate Key Number: 1084336
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1234.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Smoke Alarms, Storage, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Single Hung Windows, Sliding Glass Doors, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Doors

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Sandy Beach, Storage, 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: Community Swr Plant, Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE,AE,AE,VE
  • Parcel Number: 00078330-002600
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Gindlesberger Scott R and Gindlesberger Susan E
Bought by
Susan E Gindlesberger Revocable Trust
Current Estimated Value
$822,976

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jul 31, 2020
Sold by
Key Colony Condo Llc
Bought by
Gindlesberger Scott R and Gindlesberger Susan E
Seller's Agent
Steve Mckeon
Gail's Island Realty, Inc.
Buyer's Agent
Karen Raspe
Island Breeze Realty, LLC
List Price
$615,000
Sold Price
$580,000
Premium/Discount to List
-$35,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$464,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Collins William D and Barbara D Collins Trust Agreem
Bought by
Key Colony Condo Llc

Purchase Details

Closed on
Aug 11, 2009
Sold by
Collins Barbara D
Bought by
Collins William D and Barbara D Collins Trust Agreem

Purchase Details

Closed on
Sep 1, 1991
Bought by
Key Colony Condo Llc

Purchase Details

Closed on
Feb 1, 1974
Bought by
Key Colony Condo Llc
Source: Public Records

Range of Values:

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Average Value
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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
Susan E Gindlesberger Revocable Trust -- --
Gindlesberger Scott R $580,000 Christopher B Waldera Pa
Key Colony Condo Llc -- Attorney
Collins William D -- Attorney
Key Colony Condo Llc $225,000 --
Key Colony Condo Llc $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gindlesberger Scott R $464,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $580,000 -5.7% $470 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $615,000 -- $498 / 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 $6,630 $776,598 -- $776,598
2023 $6,630 $813,864 $0 $813,864
2022 $5,349 $506,966 $0 $506,966
2021 $5,128 $465,315 $0 $465,315
2020 $4,072 $421,425 $0 $421,425
2019 $3,623 $347,101 $0 $347,101
2018 $3,125 $287,223 $0 $0
2017 $3,381 $323,541 $0 $0
2016 $3,511 $323,541 $0 $0
2015 $3,364 $307,266 $0 $0
2014 $3,360 $307,266 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Steve Mckeon

    Gail's Island Realty, Inc.

    (305) 289-9696

    24 Total Sales

    Steve Mckeon
    Section Image

  • K

    Buyer's Agent in 2020

    Karen Raspe

    Island Breeze Realty, LLC

  • K

    Buyer's Agent in 2020

    Karen Raspe, PA

    American Caribbean Real Estate - Middle Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590255

Florida Keys Board of REALTORS®

APN: 00078330-002600

Florida Monroe County Key Colony Beach 33051

601 W Ocean Dr Unit 305A, Key Colony Beach, FL

This home is located at 601 W Ocean Dr Unit 305A, Key Colony Beach, FL 33051 since 13 March 2020 and is currently estimated at $822,976, approximately $666 per square foot. This property was built in 1975. 601 W Ocean Dr Unit 305A 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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