$515,000
SOLD MAR 25, 2025

755 W Ocean Dr Unit 5 Key Colony Beach, FL 33051

1 Bed
1 Bath
675 Sq Ft
$1,032/mo HOA Fee

Recently Sold

$763 Per Sq Ft

3% Below List Price

38 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Sandy Beach
  • Coral Shores High School Rated A
  • Beach
  • Whirlpool Bathtub

About This Home

As of March 2025

Step into a piece of 1960's Keys nostalgia with this sophisticated, charming one-bedroom, one-bath end unit condo. Located in a quaint boutique enclave of only 9 units, you'll enjoy a serene and intimate atmosphere. This recently renovated home features an updated kitchen with 42'' upper cabinets, quartz countertops, updated bathroom and plank vinyl flooring throughout. Enjoy unobstructed ocean views from the living room, kitchen, bedroom, and your balcony. Direct access to a private sandy beach makes it perfect for a tranquil weekend getaway, full-time residence or snowbird retreat. Modern comforts include an in-unit washer/dryer and jetted whirlpool tub, all wrapped in delightful Keys decor. Key Colony Beach offers everything and more for an ideal island life: a marina, golf course, pickleball, tennis, bocce, and basketball facilities, playgrounds, biking and walking paths, parks, a variety of restaurants, and a convenient post office. Experience the essence of the Florida Keys lifestyle with every visit.

Last Agent to Sell the Property

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758 Listed on: 02/01/2025

Berkshire Hathaway HomeServices Keys Real Estate

Last Buyer's Agent

Jessica Celli

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3496069

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $1,032 Monthly HOA Fees

Interior Spaces

  • 675 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Vinyl Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Balcony

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078670-000000

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • 9 Units
  • Tall Ocean Beach Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,497

Year Built

Built in 1967 | Remodeled

Lot Details

0

HOA Fees

$1,032 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 1032.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2496.60
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 1967
  • Alternate Key Number: 1084891
  • Cooling Heating: Wall/Window Unit(s), Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 35808.00
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 675.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Quartz Countertops, Window Treatments, Whirlpool Bath Tub
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Vinyl
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Sandy Beach
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE,VE
  • Parcel Number: 00078670-000000
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Mar 25, 2025
Sold by
Walsh Linda D
Bought by
Pfefferle Stephen and Pfefferle Cheryl
Seller's Agent
Tracy Chacksfield
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Jessica Celli
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$529,000
Sold Price
$515,000
Premium/Discount to List
-$14,000
-2.65%
Views
45
Current Estimated Value
$504,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,842
Avg. Annual Appreciation
-8.16%

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 29, 2018
Sold by
Revocable Trust
Bought by
Walsh Linda D
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$349,900
Sold Price
$260,000
Premium/Discount to List
-$89,900
-25.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
Feb 9, 1999
Sold by
Roslan John A and Roslan Joanne D
Bought by
Roslan John A

Purchase Details

Closed on
Apr 1, 1997
Bought by
Roslan John A Revocable Trust Agreement 12/11

Purchase Details

Closed on
Mar 1, 1988
Bought by
Roslan John A Revocable Trust Agreement 12/11

Purchase Details

Closed on
Mar 1, 1985
Bought by
Roslan John A Revocable Trust Agreement 12/11

Purchase Details

Closed on
Mar 1, 1981
Bought by
Roslan John A Revocable Trust Agreement 12/11

Purchase Details

Closed on
Feb 1, 1974
Bought by
Roslan John A Revocable Trust Agreement 12/11
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $515,000 None Listed On Document
Warranty Deed $515,000 None Listed On Document
Warranty Deed $260,000 None Listed On Document
Deed $100 --
Warranty Deed $120,000 --
Warranty Deed $86,500 --
Warranty Deed $64,500 --
Warranty Deed $69,000 --
Deed $14,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $278,400 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Sold $515,000 -0.6% $763 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
02/19/2025 02/19/25 Price Changed $518,000 -2.1% $767 / Sq Ft
02/01/2025 02/01/25 For Sale $529,000 +103.5% $784 / Sq Ft
05/24/2018 05/24/18 Sold $260,000 -25.7% $385 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/26/2017 04/26/17 For Sale $349,900 -- $518 / Sq Ft
Source: Marathon and Lower Keys Association 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 $2,453 $250,440 -- --
2023 $2,453 $243,146 $0 $0
2022 $2,361 $236,065 $0 $0
2021 $2,351 $229,190 $0 $229,190
2020 $2,254 $226,026 $0 $226,026
2019 $2,202 $220,945 $0 $220,945
2018 $2,286 $220,945 $0 $0
2017 $2,253 $254,080 $0 $0
2016 $1,882 $151,349 $0 $0
2015 $1,862 $151,349 $0 $0
2014 $1,903 $151,349 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613443

APN: 00078670-000000