$547,000
SOLD NOV 8, 2024

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

Recently Sold

$407 Per Sq Ft

64 Days on Market

Highlights

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

About This Home

As of November 2024

Welcome 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

Peter Schwarz-Top Producer

LoKation Real Estate License #3301618 Listed on: 07/18/2024

LoKation Real Estate

Co-Listed By

Ewa Schwarz

LoKation Real Estate License #3054704

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,726

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,512 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 4535.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: 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: Community Pool, Airstrip, Bike Paths, Beach, Manager on Premises, Tennis Courts, Clubhouse, Community Boat Ramp, Community Dockage
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4726.29
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking
  • Year Built: 1975
  • Alternate Key Number: 1084379
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • 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
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1343.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Walk-in Closet(s), Storage, Pantry, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Windows/Doors: Single Hung Windows, Aluminum Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Parking

Exterior Features

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

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer, Community Swr Plant
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,AE,VE
  • Parcel Number: 00078330-003000
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 50.00

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%
Total Days on Market
64
Views
19
Current Estimated Value
$566,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,351
Avg. Annual Appreciation
6.86%
Original Mortgage
$547,000
Outstanding Balance
$544,619
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$29,902

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
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 $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

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 $4,726 $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

  • P

    Seller's Agent in 2024

    Peter Schwarz-Top Producer

    LoKation Real Estate

  • E

    Seller Co-Listing Agent in 2024

    Ewa Schwarz

    LoKation Real Estate

  • L

    Buyer's Agent in 2024

    Louis Condos

    Home Edge Inc. (KW)

  • M

    Buyer Co-Listing Agent in 2024

    Mary Jo Rostien

    Berkshire Hathaway HomeServices Knight & Gardner Realty

  • A

    Seller's Agent in 2021

    Anthony Garcia

    The Keyes Company

  • N

    Seller Co-Listing Agent in 2021

    Nancy Garcia

    The Keyes Company

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 610803

Florida Keys Board of REALTORS®

APN: 00078330-003000

Florida Monroe County Key Colony Beach 33051

601 W Ocean Dr Unit 311D, Key Colony Beach, FL

This home is located at 601 W Ocean Dr Unit 311D, Key Colony Beach, FL 33051 and is currently priced at $547,000, approximately $407 per square foot. This property was built in 1975. 601 W Ocean Dr Unit 311D 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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