NOT LISTED FOR SALE

721 W Ocean Dr Unit 18 Key Colony Beach, FL 33051

Estimated Value: $363,465 - $671,000

2 Beds
2 Baths
1,200 Sq Ft
3 Acres

Last Sold August 19, 2014

Last sale price $280,000 $233 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,264/month

119 Days on Market

Highlights

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

About This Home

As of August 2014

Turnkey second floor condo in Key Colony Beach's Ocean Front Condominiums. This 2BD/2BA condo has been upgraded from the kitchen to the electrical. Enjoy the view of the spacious garden, community pool, fishing pier, beach and ocean directly from the lengthy balcony. Completely furnished, just need your suitcase and tooth brush.

Last Listed By

David Grego

Island Breeze Realty Branch Office License #BK3107004 Listed on: 03/19/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 1964

Lot Details

  • Ocean Front
  • Sandy Beach

Home Design

  • Concrete Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Furnished
  • Jalousie or louvered window
  • Blinds
  • Sliding Doors
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Gazebo

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00078560-000000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, water, exterminating, common area mnt, cable, building insurance
  • 22 Units
  • Key Colony Beach Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,659

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • Association Fee: 500.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Water, Exterminating, Common Area Mnt, Cable, 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: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Pool, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2658.96
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1964
  • Alternate Key Number: 1084786
  • Cooling Heating: Wall/Window Unit(s)
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1200.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Drapes/Blinds Incl
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Carpet, Tile
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Gazebo, Sandy Beach
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00078560-000000
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2014
Closed on
Aug 19, 2014
Sold by
Ziety James P and Ziety Jill A
Bought by
Kaiser James F
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
Brenda Symonds
American Caribbean Real Estate - Middle Keys
List Price
$378,000
Sold Price
$280,000
Premium/Discount to List
-$98,000
-25.93%
Total Days on Market
119
Current Estimated Value
$570,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,366
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Apr 1, 1995
Bought by
Kaiser James F

Purchase Details

Closed on
Dec 1, 1980
Bought by
Kaiser James F

Purchase Details

Closed on
Feb 1, 1969
Bought by
Kaiser James F

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 Buyer Sale Price Title Company
Kaiser James F $280,000 Attorney
Kaiser James F $140,000 --
Kaiser James F $90,000 --
Kaiser James F $19,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $280,000 -25.9% $233 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $378,000 -- $315 / 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 $1,213 $124,361 -- $124,361
2023 $1,213 $124,361 $0 $124,361
2022 $1,134 $124,361 $0 $124,361
2021 $1,565 $133,309 $0 $133,309
2020 $1,473 $133,309 $0 $133,309
2019 $1,240 $79,985 $0 $79,985
2018 $2,439 $213,294 $0 $0
2017 $2,866 $266,618 $0 $0
2016 $2,948 $266,618 $0 $0
2015 $2,703 $238,601 $0 $0
2014 $2,615 $223,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 563828

Florida Keys Board of REALTORS®

APN: 00078560-000000