NOT LISTED FOR SALE

721 W Ocean Dr Unit 16 Key Colony Beach, FL 33051

Estimated Value: $350,839 - $688,000

2 Beds
1.5 Baths
971 Sq Ft
$450/mo HOA Fee

Last Sold March 22, 2013

Last sale price $262,500 $270 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,609/month

64 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Heated In Ground Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • Deck

About This Home

As of March 2013

Upstairs apartment at Ocean Front Condo on Key Colony Beach. 2 bedrooms, 1.5 baths, nice kitchen with new appliances, washer/dryer in separate laundry room. Balcony with garden and ocean views. Lovely, quiet complex with beautiful sandy beach, heated pool right on the ocean and a fishing pier from which to catch your dinner!

Last Agent to Sell the Property

Marcy Reed

Coldwell Banker Schmitt Real Estate Co. License #303726 Listed on: 11/08/2012

Last Buyer's Agent

Paul Morris

Lighthouse Realty License #3106768

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 1964

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $450 Monthly HOA Fees

Interior Spaces

  • 971 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00078540-000000

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, water, exterminating, common area mnt, cable, building insurance
  • Stevens Sub Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Heated In Ground Pool

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,124

Year Built

Built in 1964

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 450.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2124.18
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1964
  • Alternate Key Number: 1084760
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 971.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Lighting, Sandy Beach
  • Roof: Combo Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Cable Available, Sewer Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00078540-000000
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2012
Closed on
Mar 22, 2013
Sold by
Brown Family Properties Llc
Bought by
White Land Holding Llc
Seller's Agent
Marcy Reed
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Paul Morris
Lighthouse Realty
List Price
$295,000
Sold Price
$262,500
Premium/Discount to List
-$32,500
-11.02%
Current Estimated Value
$563,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,710
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Jun 1, 2009
Sold by
The Rotary Foundation Of Rotary Internat
Bought by
Brown Family Properties Llc

Purchase Details

Closed on
Mar 18, 2009
Sold by
Huneke Earl J
Bought by
The Rotary Foundation Of Rotary Internat

Purchase Details

Closed on
May 1, 1981
Bought by
White Land Holding Llc

Purchase Details

Closed on
May 1, 1980
Bought by
White Land Holding Llc

Purchase Details

Closed on
Feb 1, 1969
Bought by
White Land Holding Llc
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
White Land Holding Llc $262,500 Attorney
Brown Family Properties Llc $205,000 Attorney
The Rotary Foundation Of Rotary Internat -- Attorney
White Land Holding Llc $85,000 --
White Land Holding Llc $30,000 --
White Land Holding Llc $16,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $262,500 -11.0% $270 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
11/08/2012 11/08/12 For Sale $295,000 -- $304 / 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 $1,080 $124,361 -- $124,361
2023 $1,080 $124,361 $0 $124,361
2022 $1,016 $124,361 $0 $124,361
2021 $968 $110,789 $0 $110,789
2020 $897 $110,789 $0 $110,789
2019 $1,109 $66,473 $0 $66,473
2018 $2,104 $177,262 $0 $0
2017 $2,458 $221,578 $0 $0
2016 $2,547 $221,578 $0 $0
2015 $2,498 $217,381 $0 $0
2014 $2,615 $223,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marcy Reed

    Coldwell Banker Schmitt Real Estate Co.

  • P

    Buyer's Agent in 2013

    Paul Morris

    Lighthouse Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 559408

Florida Keys Board of REALTORS®

APN: 00078540-000000

Florida Monroe County Key Colony Beach 33051

721 W Ocean Dr Unit 16, Key Colony Beach, FL

This home is located at 721 W Ocean Dr Unit 16, Key Colony Beach, FL 33051 since 08 November 2012 and is currently estimated at $563,210, approximately $580 per square foot. This property was built in 1964. 721 W Ocean Dr Unit 16 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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