NOT LISTED FOR SALE

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

Estimated Value: $1,526,000 - $2,635,000

3 Beds
3.5 Baths
2,697 Sq Ft
$1,667/mo HOA Fee

Last Sold October 15, 2018

Last sale price $1,250,000 $463 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $12,985/month

155 Days on Market

Highlights

  • Ocean Front
  • Sandy Beach
  • Whirlpool Bathtub
  • Coral Shores High School Rated A
  • In Ground Pool
  • Granite Countertops

About This Home

As of October 2018

Breathtaking views of the Atlantic Ocean from this second floor condo in the desirable community of The Residences! Open floor concept with floor to ceiling windows to capture views from all angles. Complete with 2 guest bedrooms with en suite baths, a grand master suite with walk in closet, separate shower and whirlpool tub, and private balcony. Bonus living room and powder room in main hallway. 2 Car detached garage. Beautifully landscaped grounds with pool and just steps away from the beach. Only 5 units with semi private elevators create a private, single family home atmosphere. Walk to restaurants and shops in charming Key Colony Beach!

Last Listed By

Brian Schmitt

Coldwell Banker Schmitt Real Estate Co. (KW) License #BK147809 Listed on: 03/28/2018

Coldwell Banker Schmitt Real Estate Co. (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,222

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $1,667 Monthly HOA Fees

Interior Spaces

  • 2,697 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Entrance Foyer
  • Ocean Views

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Carport
  • Electric Gate
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00078800-000103

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Stevens Sub Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,222

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,667 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 5000.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, 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
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 11222.26
  • Vehicle Storage: Carport, Covered Parking, Guest Parking, Garage
  • Year Built: 2005
  • Alternate Key Number: 9083164
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2697.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Bar, Walk-in Closet(s), Whirlpool Bath Tub, Elevator, Granite Counter Top, Entrance Foyer
  • Floor Number: 2.00
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Refrigerator, Oven, Microwave, Ice Machine, Freezer, Dryer, Disposal
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Sandy Beach
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,AE,VE,AE,AE
  • Parcel Number: 00078800-000103
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Howe James I and Howe Betty K
Bought by
Howe James I and Howe Betty K
Total Days on Market
155
Current Estimated Value
$1,844,757

Purchase Details

Listed on
Mar 28, 2018
Closed on
Nov 7, 2018
Sold by
Pavone Ii Mottie W and Pavone Lisa Y
Bought by
Howe James I and Howe Betty K
Seller's Agent
Brian Schmitt
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$750,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2005
Sold by
Ocean Development Group Llc
Bought by
Pavone Mottie W and Pavone Lisa Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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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
Howe James I -- None Listed On Document
Howe James I $1,250,000 None Listed On Document
Pavone Mottie W $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howe James I $750,000
Previous Owner Pavone Mottie W $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $1,250,000 -10.4% $463 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $1,395,000 -- $517 / 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

  • Brian Schmitt

    Seller's Agent in 2018

    Brian Schmitt

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 289-6500

    112 Total Sales

    Brian Schmitt
    Section Image
  • Amy Puto

    Buyer's Agent in 2018

    Amy Puto

    Coldwell Banker Schmitt Real Estate Co.

    (305) 766-1745

    303 Total Sales

    Amy Puto
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579470

Florida Keys Board of REALTORS®

APN: 00078800-000103

Florida Monroe County Key Colony Beach 33050

901 W Ocean Dr Unit 2B, Key Colony Beach, FL

Homes for Sale in Key Colony Beach, FL

This home is located at 901 W Ocean Dr Unit 2B, Key Colony Beach, FL 33051 since 28 March 2018 and is currently estimated at $1,844,757, approximately $684 per square foot. This property was built in 2005. 901 W Ocean Dr Unit 2B is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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