NOT LISTED FOR SALE

721 W Ocean Dr Unit 11 Key Colony Beach, FL 33051

Estimated Value: $381,057 - $696,000

2 Beds
2 Baths
971 Sq Ft
$500/mo HOA Fee

Last Sold December 10, 2015

Last sale price $315,000 $324 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,699/month

36 Days on Market

Highlights

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

About This Home

As of December 2015

BEST OCEANFRONT VALUE IN KEY COLONY. TOTALLY REMODELED, GROUND LEVEL UNIT WITH LOW CONDO FEES. PET FRIENDLY COMMUNITY WITH A GREAT FISHING PIER AND PRIVATE SANDY BEACH. LARGE POOL AND BEAUTIFUL GARDENS ON SITE. COME GET YOUR PIECE OF PARADISE NOW!

Last Agent to Sell the Property

Paul Morris

Lighthouse Realty License #3106768 Listed on: 09/24/2015

Last Buyer's Agent

Bill Paulson

Prestige Realty Group MTH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,615

Year Built

  • Built in 1964

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 971 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Tiki or Chickee Hut

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28

Community Details

Overview

  • Association fees include bldg exterior mnt, water, sewer, exterminating, common area mnt, building insurance
  • 22 Units
  • Stevens Sub Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed
  • Pet Restriction: 2 no weight limit

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,615

Year Built

Built in 1964

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 500.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Water, Sewer, Exterminating, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Pets W Restrictions: 2 no weight limit
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2615.26
  • Title: Title Ins - Seller
  • Vehicle Storage: Assigned Parking, Trailer Storage, Vehicle Restrictions, Guest Parking
  • Year Built: 1964
  • Alternate Key Number: 1084719
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat Pump, Heat
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 971.00
  • Pre Wired: Cable, Cat 5
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Drapes/Blinds Incl
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Sandy Beach, Outdoor Shower
  • Roof: Tar/Gravel Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,AE,AE,VE,AE,VE
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2014

Multi Family

  • Total Units: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Dec 9, 2015
Sold by
White Land Holding Llc
Bought by
Regan Gerald D and Regan Janice N
Seller's Agent
Paul Morris
Lighthouse Realty
Buyer's Agent
Bill Paulson
Prestige Realty Group MTH
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%
Current Estimated Value
$568,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,264
Avg. Annual Appreciation
6.31%
Original Mortgage
$200,000
Outstanding Balance
$161,004
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$409,796

Purchase Details

Listed on
Jan 7, 2013
Closed on
Apr 5, 2013
Sold by
Mos Deirdre L and Loughlin Mabel
Bought by
White Land Holding Llc
Seller's Agent
Randy Lewis
Ocean Sotheby's International
Buyer's Agent
Paul Morris
Lighthouse Realty
List Price
$269,450
Sold Price
$255,000
Premium/Discount to List
-$14,450
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Jun 1, 1985
Bought by
Regan Gerald D and Regan Janice N

Purchase Details

Closed on
Apr 1, 1980
Bought by
Regan Gerald D and Regan Janice N

Purchase Details

Closed on
Jun 1, 1979
Bought by
Regan Gerald D and Regan Janice N
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
Regan Gerald D $315,000 Realty Title Solutions Lllp
White Land Holding Llc $255,000 Attorney
Regan Gerald D $85,000 --
Regan Gerald D $75,000 --
Regan Gerald D $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regan Gerald D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2015 12/10/15 Sold $315,000 -4.5% $324 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $329,900 +29.4% $340 / Sq Ft
04/10/2013 04/10/13 Sold $255,000 -5.4% $263 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $269,450 -- $277 / 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 $1,231 $131,492 -- $131,492
2023 $1,231 $131,492 $0 $131,492
2022 $1,153 $131,492 $0 $131,492
2021 $1,148 $132,832 $0 $132,832
2020 $1,062 $132,832 $0 $132,832
2019 $1,237 $79,699 $0 $79,699
2018 $1,815 $146,116 $0 $0
2017 $2,857 $265,665 $0 $0
2016 $2,964 $265,665 $0 $0
2015 $2,604 $228,331 $0 $0
2014 $2,615 $223,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Paul Morris

    Lighthouse Realty

  • B

    Buyer's Agent in 2015

    Bill Paulson

    Prestige Realty Group MTH

  • R

    Seller's Agent in 2013

    Randy Lewis

    Ocean Sotheby's International

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 568546

Florida Keys Board of REALTORS®

APN: 00078490-000000

Florida Monroe County Key Colony Beach 33051

721 W Ocean Dr Unit 11, Key Colony Beach, FL

This home is located at 721 W Ocean Dr Unit 11, Key Colony Beach, FL 33051 since 24 September 2015 and is currently estimated at $568,264, approximately $585 per square foot. This property was built in 1964. 721 W Ocean Dr Unit 11 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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