$990,000
SOLD JAN 29, 2018

901 W Ocean Dr Unit 2A Key Colony Beach, FL 33051

3 Beds
3.5 Baths
2,697 Sq Ft
1 Acres

Recently Sold

$367 Per Sq Ft

76,112% Above List Price

343 Days on Market

Highlights

  • Ocean Front
  • Sandy Beach
  • Concrete Pool
  • Coral Shores High School Rated A
  • Home Theater
  • Marble Flooring

About This Home

As of February 2025

Ocean Front Unit - Absolutely no Hurricane Irma Damage - Built to Last! Five Unit Building. 2700 sq. foot luxury living in Paradise! 3 bedrooms, each with en suite bathroom plus powder room. Lovely pool and a beautiful sand beach just steps away. 2nd floor unit with awesome views from 2 balconies. Elevator. Well maintained building that easily withstood Hurricane Irma. Enclosed 2 car garage plus carport. Condo built to hurricane standards including windows rates for 200 mph winds. Will sell at below market value. The building did not sustain any damage due to Hurricane Irma. Minor landscaping damage and sand in the pool both have now been cleaned up.

Last Agent to Sell the Property

Jerold Ellis

Key Colony Beach Realty License #SL594365 Listed on: 01/01/2017

Last Buyer's Agent

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,773

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced
  • Sprinkler System

Home Design

  • Concrete Roof

Interior Spaces

  • 2,697 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Home Theater
  • Storage
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Attached Garage
  • Automatic Garage Door Opener
  • Electric Gate
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Doors
  • Accessible Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 90
  • Assessor Parcel Number 00078800-000102

Community Details

Overview

  • Property has a Home Owners Association
  • $5,000 Maintenance Fee
  • Association fees include bldg exterior mnt, sewer, common area mnt, building insurance
  • 5 Units
  • Key Colony Beach Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts

Pet Policy

  • Pet Restriction: YES

Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,773

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Maintenance Fee: 5000.00
  • Mandatory HOA: Yes
  • Voluntary HOA: No
  • Control Depth: 4
  • Fee Includes: Bldg Exterior Mnt, Sewer, Common Area Mnt, 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: 90.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Tennis Courts
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 10773.00
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Covered Parking, Garage, Auto Door Opener
  • Year Built: 2005
  • Alternate Key Number: 9083160
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Heat
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2697.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Granite Counter Top, Elevator, Fire Sprinkler, Entrance Foyer
  • Floor Number: 2.00
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Freezer, Oven, Microwave, Ice Machine, Dryer, Disposal
  • Floor: Marble, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Media Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible, Parking, Accessible Elevator Installed, Accessible Doors

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Sandy Beach, Sprinkler System, Rain Gutters
  • Roof: Concrete Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE,AE,AE,VE,AE,AE
  • Parcel Number: 00078800-000102
  • Lot Size: 73'x375' approx
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Feb 24, 2025
Sold by
Soldan Howard
Bought by
Benck Thomas R
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,695,000
Sold Price
$1,575,000
Premium/Discount to List
-$120,000
-7.08%
Views
84
Current Estimated Value
$1,577,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,835
Avg. Annual Appreciation
0.45%
Original Mortgage
$1,181,250
Outstanding Balance
$1,179,988
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$397,847

Purchase Details

Listed on
Jan 1, 2017
Closed on
Jan 29, 2018
Sold by
Bennett Susan I and Susan I Bennett Trust
Bought by
Soldan Howard
Seller's Agent
Jerold Ellis
Key Colony Beach Realty
Buyer's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,299
Sold Price
$990,000
Premium/Discount to List
$988,701
76112.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$625,000
Interest Rate
3.87%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Dec 13, 2013
Sold by
Bennett Susan I and Susan I Bennett Trust #72-7249
Bought by
Bennett Susan I and Susan I Bennett Trust #72-7249

Purchase Details

Closed on
Mar 15, 2007
Sold by
Ocean Development Group Llc
Bought by
Bennett Susan I and Susan I Bennett Trust #72-7249
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 $1,575,000 None Listed On Document
Warranty Deed $990,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,697,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,181,250 New Conventional
Previous Owner $625,000 Small Business Administration
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $1,575,000 -5.1% $584 / Sq Ft
01/23/2025 01/23/25 Price Changed $1,659,000 -0.7% $615 / Sq Ft
01/02/2025 01/02/25 Price Changed $1,670,000 -0.3% $619 / Sq Ft
11/17/2024 11/17/24 Price Changed $1,675,000 -1.2% $621 / Sq Ft
08/20/2024 08/20/24 For Sale $1,695,000 +71.2% $628 / Sq Ft
01/29/2018 01/29/18 Sold $990,000 +76112.5% $367 / Sq Ft
12/10/2017 12/10/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $1,299 -- $0 / 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 $13,075 $1,364,645 -- $1,364,645
2023 $13,075 $1,364,645 $0 $1,364,645
2022 $11,854 $1,246,441 $0 $1,246,441
2021 $11,040 $1,056,877 $0 $1,056,877
2020 $10,415 $1,030,763 $0 $1,030,763
2019 $10,111 $998,369 $0 $998,369
2018 $9,726 $998,369 $0 $0
2017 $9,289 $975,896 $0 $0
2016 $11,222 $1,138,912 $0 $0
2015 $10,970 $1,138,912 $0 $0
2014 $10,442 $1,081,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573373

Florida Keys Board of REALTORS®

APN: 00078800-000102