NOT LISTED FOR SALE

799 W Ocean Dr Unit 24 Key Colony Beach, FL 33051

Estimated Value: $1,076,000 - $1,364,000

3 Beds
3 Baths
1,901 Sq Ft
6 Acres

Last Sold April 06, 2022

Last sale price $1,225,000 $644 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,743/month

9 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Concrete Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • Cathedral Ceiling

About This Home

As of April 2022

Offered for sale is this luxury penthouse unit in the Castillo Del Sol condominium complex on Key Colony Beach. This two story, 3 bedroom, 3 bath unit offers spacious living with unparalleled views. Western end positioning keeps a cooled balcony overlooking the manicured ground and sun drenched Atlantic Ocean. The unit and the covered parking spaces are located right next to the elevator for ease of access. Open floor living area provides great entertaining space along with a huge open loft for additional lounge area. Property amenities included: resort size heated pool, sandy beach, covered parking, guest parking, private owner storage, elevator access and walking distance to all that Key Colony Beach has to offer. Call today for more information and to schedule a private showing.

Last Listed By

Lynn Lucas

Berkshire Hathaway HomeServices Keys Real Estate License #653995 Listed on: 02/14/2022

Berkshire Hathaway HomeServices Keys Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,745

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 1,901 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Loft
  • Storage
  • Dryer
  • Ocean Views
  • Monitored

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00078720-001300

Community Details

Overview

  • Property has a Home Owners Association
  • $1,601 Maintenance Fee
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • 30 Units
  • Castillo Del Sol Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pet Restriction: 1 pet up to 25 lb.

Security

  • Resident Manager or Management On Site
  • Complete Electric Power Shutters
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,745

Year Built

Built in 1990 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Maintenance Fee: 1601.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Other, Common Area Mnt, Building Insurance
  • Handicap Access: No
  • 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: Beach, Manager on Premises, Tennis Courts, Other Area Features, Bike Paths
  • Off Shore Island: No
  • Pets W Restrictions: 1 pet up to 25 lb.
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6745.12
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1990
  • Alternate Key Number: 8746709
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Roll Down Electric, Roll Down Manual
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1901.00
  • Pre Wired: Cable
  • 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: Built-in Cabinets, Quartz Countertops, Smoke Alarms, Elevator, Drapes/Blinds Incl, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Loft
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Sandy Beach, Storage, Lighting, Hot Tub
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Buyer to Verify, FKAA, Elect Separate Meter, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,AE,VE,VE,VE
  • Parcel Number: 00078720-001300
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Apr 6, 2022
Sold by
Demunbrun Steven N
Bought by
Graves Chad and Graves Shawna
Seller's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Teri Hiller
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,299,000
Sold Price
$1,225,000
Premium/Discount to List
-$74,000
-5.7%
Total Days on Market
9
Current Estimated Value
$1,231,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,313
Avg. Annual Appreciation
0.17%
Original Mortgage
$980,000
Outstanding Balance
$931,751
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$299,562

Purchase Details

Listed on
Dec 29, 2014
Closed on
Jan 29, 2015
Sold by
Iberiabank
Bought by
Demunbrun Steven N
Seller's Agent
Ben Daniels
Lokation Real Estate
Buyer's Agent
Ben Daniels
Exit Realty Florida Keys MTH
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$405,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2013
Sold by
Rudolph John D and John D Rudolph Living Trust
Bought by
Iberiabank

Purchase Details

Closed on
Mar 10, 2009
Sold by
Rudolph John and Rudolph John D
Bought by
Rudolph John D and John D Rudolph Living Trust

Purchase Details

Closed on
Jan 24, 2006
Sold by
First Weston Ltd
Bought by
Rudolph John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,990
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 1998
Sold by
Borra Pier C and Borra Renee A
Bought by
First Weston Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1991
Bought by
Demunbrun Steven N

Purchase Details

Closed on
Jan 1, 1989
Bought by
Demunbrun Steven N

Range of Values:

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Average Value
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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
Graves Chad $1,225,000 Wolfe Stevens Pllc
Demunbrun Steven N $605,000 Attorney
Iberiabank $1,148,500 None Available
Rudolph John D -- Attorney
Rudolph John $1,395,000 Attorney
First Weston Ltd $425,000 --
Demunbrun Steven N $344,000 --
Demunbrun Steven N $309,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Chad $980,000
Closed Graves Chad $980,000
Previous Owner Demunbrun Steven N $405,000
Previous Owner Rudolph John $976,990
Previous Owner Rudolph John $200,000
Previous Owner First Weston Ltd $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $1,225,000 -5.7% $644 / Sq Ft
02/14/2022 02/14/22 For Sale $1,299,000 +114.7% $683 / Sq Ft
01/30/2015 01/30/15 Sold $605,000 -3.2% $318 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $625,000 -- $329 / 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 $10,992 $1,040,240 -- $1,040,240
2023 $10,992 $1,088,166 $0 $1,088,166
2022 $7,790 $924,828 $0 $924,828
2021 $6,745 $627,118 $0 $627,118
2020 $6,539 $628,915 $0 $628,915
2019 $6,726 $647,994 $0 $647,994
2018 $6,455 $646,017 $0 $0
2017 $5,946 $622,295 $0 $0
2016 $5,589 $543,221 $0 $0
2015 $5,808 $560,983 $0 $0
2014 $5,597 $524,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599723

Florida Keys Board of REALTORS®

APN: 00078720-001300