NOT LISTED FOR SALE

901 W Ocean Dr Unit 3B Key Colony Beach, FL 33051

Estimated Value: $613,000 - $2,388,000

3 Beds
3.5 Baths
2,900 Sq Ft
$1,333/mo HOA Fee

Last Sold July 16, 2014

Last sale price $1,363,500 $470 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,703/month

475 Days on Market

Highlights

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

About This Home

As of July 2014

Newest condo on KCB/exquisite Oceanfront penthouse /3/3.5 /Designer kitchen/ professionally decorated/ marble floors/ furnished except for a few exceptions. Amenities include a private sandy beach, pool, elevator, 2 car garage, covered carport, storage room. Show this one to your most discrimating buyers. It is wonderful!

Last Agent to Sell the Property

Brenda Torrella

Chaplin Real Estate, Inc. Listed on: 02/01/2013

Last Buyer's Agent

Christy Hughes

Moorings Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,054

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Sandy Beach
  • Privacy Fence

HOA Fees

  • $1,333 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Concrete Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Entrance Foyer
  • Storage
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Carport
  • Automatic Garage Door Opener
  • Guest Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 90
  • Assessor Parcel Number 00078800-000105

Community Details

Overview

  • Association fees include bldg exterior mnt, exterminating, common area mnt, building insurance
  • 5 Units
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach

Pet Policy

  • Pets Allowed
  • Pet Restriction: YES

Security

  • Complete Accordion Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,054

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,333 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: 4000.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Bldg Exterior Mnt, Other, Exterminating, 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: Beach, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8054.13
  • Title: Negotiable
  • Vehicle Storage: Attached, Garage, Guest Parking, Covered Parking, Carport, Auto Door Opener
  • Vehicle Storage Cars: 2
  • Year Built: 2005
  • Alternate Key Number: 9083172
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2900.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Window Treatments, Other, Walk-in Closet(s), Storage, Granite Counter Top, Entrance Foyer, Built-in Cabinets
  • Floor Number: 3.00
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Washer, Microwave, Oven, Ice Machine, Dryer
  • Floor: Carpet, Tile, Marble
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed
  • Sq Ft Remarks: Living space is 2900 Sq. Ft. and there is two car garage/covered carport and a storage room

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Lighting, Privacy Wall/Fence, Sandy Beach, Rain Gutters
  • Roof: Concrete Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00078800-000105
  • Lot Size: 73' x 375' approximately
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2012

Multi Family

  • Total Units: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jul 16, 2014
Sold by
Lucey Richard J
Bought by
Cole Stephen W and Stephen W Cole Revocable Trust
Seller's Agent
Brenda Torrella
Chaplin Real Estate, Inc.
Buyer's Agent
Christy Hughes
Moorings Realty, Inc
List Price
$1,850,000
Sold Price
$1,363,500
Premium/Discount to List
-$486,500
-26.3%
Current Estimated Value
$1,561,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,291
Avg. Annual Appreciation
1.22%

Purchase Details

Closed on
Jul 18, 2005
Sold by
Ocean Development Group Llc
Bought by
Lucey Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving
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
Cole Stephen W $1,363,500 Attorney
Lucey Richard J $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucey Richard J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2014 07/16/14 Sold $1,363,500 -26.3% $470 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
02/01/2013 02/01/13 For Sale $1,850,000 -- $638 / 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 $13,462 $1,399,708 -- $1,399,708
2023 $13,462 $1,399,708 $0 $1,399,708
2022 $12,211 $1,281,503 $0 $1,281,503
2021 $11,390 $1,091,940 $0 $1,091,940
2020 $10,761 $1,066,576 $0 $1,066,576
2019 $10,370 $1,025,228 $0 $1,025,228
2018 $9,975 $1,025,228 $0 $0
2017 $9,512 $1,000,556 $0 $0
2016 $11,455 $1,163,572 $0 $0
2015 $11,613 $1,163,572 $0 $0
2014 $11,112 $1,081,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Brenda Torrella

    Chaplin Real Estate, Inc.

  • C

    Buyer's Agent in 2014

    Christy Hughes

    Moorings Realty, Inc

  • R

    Buyer Co-Listing Agent in 2014

    Rhonda Simonds-Brewer

    Moorings Realty, Inc

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560220

Florida Keys Board of REALTORS®

APN: 00078800-000105

Florida Monroe County Key Colony Beach 33050

901 W Ocean Dr Unit 3B, Key Colony Beach, FL

This home is located at 901 W Ocean Dr Unit 3B, Key Colony Beach, FL 33051 since 01 February 2013 and is currently estimated at $1,561,791, approximately $538 per square foot. This property was built in 2005. 901 W Ocean Dr Unit 3B 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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