NOT LISTED FOR SALE

755 W Ocean Dr Unit 8 Key Colony Beach, FL 33051

Estimated Value: $455,171 - $580,000

1 Bed
1 Bath
675 Sq Ft
$580/mo HOA Fee

Last Sold June 20, 2024

Last sale price $499,000 $739 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,753/month

76 Days on Market

Highlights

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

About This Home

As of June 2024

Breathtaking OPEN Ocean & Sandy Beach views from this roomy 1 bedroom condo. Pristine beach and the lapping ocean provide the most relaxing setting for you. Azure blue ocean greets you from the front door to the balcony. This mid level condo is perfect for your beachfront retreat, weekend getaway or full time residence in the Fabulous Florida Keys. Key Colony Beach, the Gem of the FL Keys has everything...marina, golf, pickleball, tennis, bocce ball, basketball, playgrounds, biking /walking path, 3 restaurants, Post Office, Police Dept and Sunset Park. As the sign as you enter this amazing city, ''What's Your Hurry...You're Here!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 02/21/2024

Ocean Sotheby's International

Co-Listed By

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758

Last Buyer's Agent

Jo Ann Cook

Ocean Sotheby's International License #3330898

Ocean Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Tar and Gravel Roof
  • Concrete Roof

Interior Spaces

  • 675 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Balcony

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00078700-000000

Community Details

Overview

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

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Complete Accordion Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,920

Year Built

Built in 1967 | Remodeled

Lot Details

0

HOA Fees

$580 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: 580.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • Min Rental Days: 30.00
  • 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: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3919.88
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 1967
  • Alternate Key Number: 1084921
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 675.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Window Treatments
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 1

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE,VE
  • Parcel Number: 00078700-000000
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jun 20, 2024
Sold by
Emery Patricia E and Romano Michele M
Bought by
Bechtelheimer Kyle and White Danielle
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Jo Ann Cook
Ocean Sotheby's International
List Price
$549,000
Sold Price
$499,000
Premium/Discount to List
-$50,000
-9.11%
Views
92
Current Estimated Value
$522,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,293
Avg. Annual Appreciation
-0.58%
Original Mortgage
$449,100
Outstanding Balance
$444,228
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$51,376

Purchase Details

Closed on
May 18, 2021
Sold by
Hughes Richard J and Hughes Theresa Y
Bought by
Emery Patricia E and Romano Michele M

Purchase Details

Closed on
Apr 27, 2012
Sold by
Smith George J and Leto Bonnie
Bought by
Hughes Richard J and Hughes Theresa Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2010
Bought by
Hughes Richard J and Hughes Theresa Y
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
Bechtelheimer Kyle $499,000 None Listed On Document
Emery Patricia E $364,000 Florida Title Professional
Hughes Richard J $218,000 Attorney
Hughes Richard J $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bechtelheimer Kyle $449,100
Previous Owner Hughes Richard J $150,550
Previous Owner Hughes Richard J $150,550
Previous Owner Hughes Richard J $174,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $499,000 0.0% $739 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $499,000 -5.8% $739 / Sq Ft
04/11/2024 04/11/24 Price Changed $529,900 -3.5% $785 / Sq Ft
02/21/2024 02/21/24 For Sale $549,000 -- $813 / 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 $3,920 $353,139 -- $353,139
2023 $3,920 $353,139 $0 $353,139
2022 $3,692 $333,354 $0 $333,354
2021 $3,054 $286,400 $0 $286,400
2020 $2,647 $232,900 $0 $232,900
2019 $2,456 $214,345 $0 $214,345
2018 $2,264 $214,345 $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

  • Karen Raspe, PA

    Seller's Agent in 2024

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    224 Total Sales

    Karen Raspe, PA
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Tracy Chacksfield

    Berkshire Hathaway HomeServices Keys Real Estate

    (312) 350-4601

    68 Total Sales

    Tracy Chacksfield
    Section Image
  • Jo Ann Cook

    Buyer's Agent in 2024

    Jo Ann Cook

    Ocean Sotheby's International

    (305) 360-7968

    146 Total Sales

    Jo Ann Cook
    Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608853

APN: 00078700-000000

Florida Monroe County Key Colony Beach 33051

755 W Ocean Dr Unit 8, Key Colony Beach, FL

This home is located at 755 W Ocean Dr Unit 8, Key Colony Beach, FL 33051 since 21 February 2024 and is currently estimated at $522,293, approximately $773 per square foot. This property was built in 1967. 755 W Ocean Dr Unit 8 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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