NOT LISTED FOR SALE

711 W Ocean Dr Key Colony Beach, FL 33051

Estimated Value: $5,806,000

4 Beds
4.5 Baths
4,523 Sq Ft
$1,284/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $2,500,000 $553 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $34,680/month

Highlights

  • Airstrip
  • Ocean Front
  • Detached Guest House
  • Coral Shores High School Rated A
  • Beach
  • Sandy Beach

About This Home

As of December 2020

This home is located at 711 W Ocean Dr, Key Colony Beach, FL 33051 since 18 August 2020 and is currently priced at $5,806,000, approximately $1,283 per square foot. This property was built in 1983. 711 W Ocean Dr 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: 08/18/2020

Last Buyer's Agent

Steve Mckeon

Keys Island Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,479

Year Built

  • Built in 1983

Lot Details

  • 0.69 Acre Lot
  • Ocean Front
  • Sandy Beach
  • Fenced
  • Sprinkler System
  • Property is zoned R-2A - Key Colony Two Family

Parking

  • Attached Garage

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,523 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Fireplace
  • Shutters
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Carpet
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Electric Power Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Tennis Courts
  • Balcony
  • Deck
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

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

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00078370-000000

Community Details

Overview

  • No Home Owners Association
  • Stevens Sub Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,479

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Tennis Courts, Bike Paths, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Ocean
  • State Province: FL
  • Taxes: 20478.95
  • Vehicle Storage: Attached, Garage
  • Year Built: 1983
  • Alternate Key Number: 1084590
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 30140.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Accordion, Roll Down Electric, Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 4523.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Wet Bar, Pantry, Walk-in Closet(s), Storage, Smoke Alarms, Entrance Foyer, Fireplace(s)
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Wine Cooler, Oven, Refrigerator, Range, Microwave, Ice Machine, Dryer
  • Floor: Carpet
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Detached Guest Qtrs, Sandy Beach, Tennis Court(s), Storage, Sprinkler System, Outdoor Kitchen, Outdoor Shower, Lighting, Fencing, Gazebo
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Water Separate Meter, FKAA, Municipal Sewer, Community Swr Plant, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00078370-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.69

Rental Info

  • Rentals Allowed: No
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Dec 15, 2020
Sold by
Brown Charles and Charles Brown Trust
Bought by
Casa Del Sole Llc
Seller's Agent
Steve Mckeon
Gail's Island Realty, Inc.
Buyer's Agent
Steve Mckeon
Keys Island Realty, Inc.
List Price
$2,500,000
Sold Price
$2,500,000
Current Estimated Value
$5,806,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,306,000
Original Mortgage
$750,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2001
Bought by
Brown Charles Trust 11/8/1989

Purchase Details

Closed on
Dec 1, 1978
Bought by
Brown Charles Trust 11/8/1989
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
Casa Del Sole Llc $2,500,000 Attorney
Brown Charles Trust 11/8/1989 $1,600,000 --
Brown Charles Trust 11/8/1989 $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa Del Sole Llc $3,250,000
Closed Casa Del Sole Llc $750,000
Previous Owner Brown Charles $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $2,500,000 0.0% $553 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $2,500,000 -- $553 / 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 $36,542 $6,327,325 $4,901,119 $1,426,206
2023 $36,542 $6,112,909 $4,714,100 $1,398,809
2022 $30,351 $4,557,559 $3,140,943 $1,416,616
2021 $21,901 $2,095,869 $1,322,069 $773,800
2020 $20,924 $2,071,221 $1,040,056 $1,031,165
2019 $20,479 $2,064,805 $991,455 $1,073,350
2018 $18,718 $2,090,922 $994,620 $1,096,302
2017 $17,229 $2,055,225 $0 $0
2016 $16,766 $1,974,979 $0 $0
2015 $15,605 $1,825,306 $0 $0
2014 $14,683 $1,675,717 $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

    20 Total Sales

    Steve Mckeon
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592142

Florida Keys Board of REALTORS®

APN: 00078370-000000

Florida Monroe County Key Colony Beach 33051

711 W Ocean Dr, Key Colony Beach, FL

This home is located at 711 W Ocean Dr, Key Colony Beach, FL 33051 since 18 August 2020 and is currently priced at $5,806,000, approximately $1,283 per square foot. This property was built in 1983. 711 W Ocean Dr 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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