NOT LISTED FOR SALE

720 W Ocean Dr Unit 303 Key Colony Beach, FL 33051

Estimated Value: $494,000 - $587,000

2 Beds
2 Baths
1,292 Sq Ft
$600/mo HOA Fee

Last Sold October 06, 2022

Last sale price $499,000 $386 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,970/month

10 Days on Market

Highlights

  • Sandy Beach
  • Cathedral Ceiling
  • Screened Patio
  • Coral Shores High School Rated A
  • Complete Accordion Shutters
  • Storage

About This Home

As of October 2022

Wonderful top floor condo overlooking serene Key Colony Par 3 golf club. INCH BEACH MEMBERSHIP INCLUDED with this condo. New roof in 2018 and new a/c in 2021. Plenty of parking under the condo on this quiet dead end street. Cathedral ceiling & spacious open concept living with large kitchen island. Includes washer and dryer in the condo and a large storage space on the lower level.

Last Agent to Sell the Property

Wanda Brock

Coldwell Banker Schmitt Real Estate Co. License #3085878 Listed on: 08/19/2022

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Lynn Lucas

Berkshire Hathaway HomeServices Keys Real Estate License #653995

Berkshire Hathaway HomeServices Keys Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,690

Year Built

  • Built in 1986

Lot Details

  • Sandy Beach

HOA Fees

  • $600 Monthly HOA Fees

Interior Spaces

  • 1,292 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Casement Windows
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 3 Parking Spaces
  • Carport
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 180
  • Assessor Parcel Number 00074740-000206

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, water, common area mnt, exterminating, cable, building insurance
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,690

Year Built

Built in 1986

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 600.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Common Area Mnt, Exterminating, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 180.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2690.08
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking, Carport
  • Vehicle Storage Cars: 3
  • Year Built: 1986
  • Alternate Key Number: 8736053
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1292.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Window Treatments
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: Casement, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Sandy Beach, Storage
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00074740-000206
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 6, 2022
Sold by
Swanick Charles N and Swanick Shelly L
Bought by
Anderson Martha Carle
Seller's Agent
Wanda Brock
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$547,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,190
Avg. Annual Appreciation
4.49%
Original Mortgage
$349,000
Outstanding Balance
$334,436
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$230,876

Purchase Details

Closed on
Apr 23, 2003
Sold by
Smith Robert P and Smith Ann T
Bought by
Swanick Charles M and Swanick Shelly L

Purchase Details

Closed on
Apr 8, 1994
Sold by
Copelas Peter
Bought by
Smith Robert P and Smith Ann T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.48%

Purchase Details

Closed on
Apr 1, 1986
Bought by
Swanick Charles N and Swanick Shelly L
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
Anderson Martha Carle $499,000 --
Swanick Charles M $109,000 --
Smith Robert P $75,000 --
Swanick Charles N $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Martha Carle $349,000
Previous Owner Smith Robert P $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $499,000 0.0% $386 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $499,000 -- $386 / 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 $4,484 $452,505 -- $452,505
2023 $4,484 $411,731 $0 $411,731
2022 $2,904 $266,985 $0 $266,985
2021 $2,690 $221,350 $0 $221,350
2020 $2,561 $221,350 $0 $221,350
2019 $2,346 $194,552 $0 $194,552
2018 $2,225 $194,552 $0 $0
2017 $1,997 $170,693 $0 $0
2016 $2,065 $170,693 $0 $0
2015 $2,048 $170,693 $0 $0
2014 $2,094 $170,693 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wanda Brock

    Seller's Agent in 2022

    Wanda Brock

    Coldwell Banker Schmitt Real Estate Co.

    (305) 304-8862

    116 Total Sales

    Section Image
  • Lynn Lucas

    Buyer's Agent in 2022

    Lynn Lucas

    Berkshire Hathaway HomeServices Keys Real Estate

    (305) 393-0559

    173 Total Sales

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602312

Florida Keys Board of REALTORS®

APN: 00074740-000206

Florida Monroe County Key Colony Beach 33051

720 W Ocean Dr Unit 303, Key Colony Beach, FL

This home is located at 720 W Ocean Dr Unit 303, Key Colony Beach, FL 33051 since 19 August 2022 and is currently estimated at $551,754, approximately $427 per square foot. This property was built in 1986. 720 W Ocean Dr Unit 303 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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