755 W Ocean Dr Unit 5 Key Colony Beach, FL 33051
1
Bed
1
Bath
675
Sq Ft
0.76
Acres
About This Home
As of March 2025Step 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
Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758
Last Buyer's Agent
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3496069
Map
Property Details
Home Type
Condominium
Est. Annual Taxes
$2,453
Year Built
1967
Lot Details
0
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
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
Deed 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
Similar Homes in the area
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 613443
APN: 00078670-000000
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