Seller's Agent in 2024
Peter Schwarz-Top Producer
LoKation Real Estate
(305) 394-5171
12 in this area
146 Total Sales
601 W Ocean Dr Unit 311D Key Colony Beach, FL 33051
2
Beds
2.5
Baths
1,343
Sq Ft
$1,512/mo
HOA Fee
Highlights
- Airstrip
- Ocean Front
- Beach
- Coral Shores High School Rated A
- Boat Ramp
- Sandy Beach
About This Home
As of November 2024Welcome to paradise at one of the most breathtaking beachfront and direct oceanfront complexes in the Florida Keys! This exquisite 2-bed/2.5-bath condo is perfectly situated between Key Largo and Key West, offering unparalleled access to the best of the Keys. Designed in a charming elevated townhome style with living space on the main floor and bedrooms upstairs, this home has been a successful vacation rental for the past 3 years, now eagerly awaiting its new lucky owner. Onsite rental management makes handling rentals a breeze with just a 14-day minimum stay. Revel in the beauty of a private white sandy beach, lush tropical landscaping, a heated pool, an oceanfront clubhouse perfect for gatherings, and a serene picnic area. Nestled in the exclusive community of Key Colony Beach, you'll enjoy three parks, a par 3 golf course, tennis, pickleball, basketball courts, bocce ball, and a walking path with exercise stops. This condo boasts a brand new A/C, hot water heater, and 3-year old hurricane shutters. Relax on either of the two balconies or stroll down to the beach to delight in stunning ocean views and breezes. Walk to nearby restaurants and to Sunset Park to witness the most beautiful sunsets. The HOA fee conveniently includes building insurances and water. This gem is priced to sell and ready for you to call it home--don't miss the chance to own a slice of Florida Keys paradise!
Last Agent to Sell the Property
LoKation Real Estate License #3301618 Listed on: 07/18/2024
Last Buyer's Agent
Louis Condos
Home Edge Inc. (KW)
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,726
Year Built
- Built in 1975
Lot Details
- Ocean Front
- Sandy Beach
- Privacy Fence
- Fenced
- Sprinkler System
- Fruit Trees
HOA Fees
- $1,512 Monthly HOA Fees
Home Design
- Pre-Cast Concrete Construction
Interior Spaces
- 1,343 Sq Ft Home
- Furnished
- Ceiling Fan
- Blinds
- Single Hung Windows
- Sliding Doors
- Storage
- Monitored
Kitchen
- Oven
- Range
- Microwave
- Freezer
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- Guest Parking
- Off-Street Parking
- Assigned Parking
Accessible Home Design
- Accessible Parking
Pool
- Concrete Pool
- Heated In Ground Pool
- Pool Deck
- Outdoor Shower
Outdoor Features
- Airstrip
- Balcony
- Patio
- Exterior Lighting
- Outdoor Storage
- Tiki or Chickee Hut
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Public Hookup Available For Sewer
- Community Sewer or Septic
- Cable TV Available
Listing and Financial Details
- Minimum Rental Period: 14
- Assessor Parcel Number 00078330-003000
Community Details
Overview
- Association fees include cable, common area mnt, building insurance, bldg exterior mnt, water, sewer
- 50 Units
- Cay Condo Subdivision
- Rental Restrictions
Amenities
- Clubhouse
Recreation
- Boat Ramp
- Boat Dock
- Beach
- Tennis Courts
- Community Pool
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
- Complete Accordion Shutters
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2024
Closed on
Nov 8, 2024
Sold by
Kcb 311D Llc
Bought by
Jersey Keys Llc
Seller's Agent
Peter Schwarz-Top Producer
LoKation Real Estate
Buyer's Agent
Louis Condos
Home Edge Inc. (KW)
List Price
$549,000
Sold Price
$547,000
Premium/Discount to List
-$2,000
-0.36%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,128
Avg. Annual Appreciation
1.50%
Original Mortgage
$547,000
Outstanding Balance
$543,157
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$10,971
Purchase Details
Listed on
Jun 4, 2020
Closed on
Jun 14, 2021
Sold by
Hoffman Michael L and Hoffman Susan R
Bought by
Kcb 311D Llc
Seller's Agent
Anthony Garcia
The Keyes Company
Buyer's Agent
Ewa Schwarz
LoKation
List Price
$399,000
Sold Price
$367,500
Premium/Discount to List
-$31,500
-7.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
Purchase Details
Closed on
May 1, 1985
Bought by
Hoffman Michael L and Hoffman Susan R
Purchase Details
Closed on
Feb 1, 1974
Bought by
Hoffman Michael L and Hoffman Susan R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $547,000 | None Listed On Document | |
| Warranty Deed | $547,000 | None Listed On Document | |
| Warranty Deed | $367,500 | Homepartners Title Svcs Llc | |
| Warranty Deed | $100,000 | -- | |
| Deed | $49,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $547,000 | New Conventional | |
| Closed | $547,000 | New Conventional | |
| Previous Owner | $223,850 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $547,000 | -0.4% | $407 / Sq Ft |
| 07/18/2024 07/18/24 | For Sale | $549,000 | +49.4% | $409 / Sq Ft |
| 06/14/2021 06/14/21 | Sold | $367,500 | 0.0% | $274 / Sq Ft |
| 03/23/2021 03/23/21 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | Price Changed | $367,500 | -7.9% | $274 / Sq Ft |
| 06/03/2020 06/03/20 | For Sale | $399,000 | -- | $297 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $4,726 | $534,642 | -- | $534,642 |
| 2023 | $4,726 | $560,308 | $0 | $560,308 |
| 2022 | $3,841 | $348,940 | $0 | $348,940 |
| 2021 | $3,743 | $329,808 | $0 | $329,808 |
| 2020 | $3,340 | $300,388 | $0 | $300,388 |
| 2019 | $3,076 | $272,744 | $0 | $272,744 |
| 2018 | $2,727 | $244,337 | $0 | $0 |
| 2017 | $2,980 | $279,213 | $0 | $0 |
| 2016 | $3,092 | $279,213 | $0 | $0 |
| 2015 | $2,983 | $267,725 | $0 | $0 |
| 2014 | $2,980 | $267,725 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Schwarz-Top Producer
-
Ewa Schwarz
Seller Co-Listing Agent in 2024
Ewa Schwarz
LoKation Real Estate
(305) 781-5704
12 in this area
152 Total Sales
-
L
Buyer's Agent in 2024
Louis Condos
Home Edge Inc. (KW)
-
Mary Jo Rostien
M
Buyer Co-Listing Agent in 2024
Mary Jo Rostien
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 747-6268
1 in this area
28 Total Sales
-
Anthony Garcia
Seller's Agent in 2021
Anthony Garcia
The Keyes Company
(305) 804-4993
2 in this area
46 Total Sales
-
Nancy Garcia
Seller Co-Listing Agent in 2021
Nancy Garcia
The Keyes Company
(786) 486-1111
1 in this area
53 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 610803
APN: 00078330-003000
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