NOT LISTED FOR SALE

928 W Ocean Dr Key Colony Beach, FL 33051

Estimated Value: $1,233,700 - $1,380,000

3 Beds
2 Baths
1,425 Sq Ft
$900/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $850,000 $596 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,376/month

164 Days on Market

Highlights

  • Airstrip
  • Ocean View
  • Dock made with wood
  • Coral Shores High School Rated A
  • Boat Ramp
  • Boat Lift

About This Home

As of January 2019

Swim under the stars or enjoy the warm feeling of the sun during the day in the infinity pool. Enjoy the travertine paved deck with poolside bar.This 3 bedroom, 2 full bath stilted half duplex lives like a single family home. Located at the end of the canal between 9th and 10th streets. Easy walking distance to Sunset Park, Inch Beach, tennis, pickle ball, golf and neighboring restaurants. Lower level is legal and is a separate guest suite from the upper floor. Plenty of storage, 2 car garage and a walk-in closest on each floor. Want a stilt to be safe from hurricanes but don't want steps? No worries...there is an elevator. Custom cabinets in kitchen and baths,SS appliances. Granite up and down. All POURED CONCRETE construction. 600 sq ft screened lanai. 20k boat lift. Big $ as a rental!!!

Last Agent to Sell the Property

Cindy Alexander

Oceanside Realty Listed on: 08/10/2018

Last Buyer's Agent

Cindy Alexander

Florida Keys Real Estate Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,202

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • Home fronts a canal
  • Fenced

Property Views

  • Ocean
  • Canal

Home Design

  • Half Duplex
  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,425 Sq Ft Home
  • Bar
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Monitored

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Lift
  • Dock made with wood
  • Screened Patio
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • ENERGY STAR/CFL/LED Lights

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,202

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 6
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • 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: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Tennis Courts, Community Boat Ramp, Other Area Features, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5202.11
  • Title: Title Ins - Buyer
  • Vehicle Storage: Attached, Off Street Parking, Garage, Auto Door Opener
  • Vehicle Storage Cars: 2
  • Year Built: 1971
  • Alternate Key Number: 8781920
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Heat, Central Air
  • Pool Info: Concrete, Salt Water, In Ground
  • Porch Balcony: Patio, Roof Top Deck, Screened Patio
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1425.00
  • Pool Info Other Material: travertine decking
  • Pre Wired: Cable
  • G F Interior Features: LED Lighting, Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Walk-in Closet(s), Tray Ceilings, Storage, Smoke Alarms, Pantry, Elevator, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Microwave, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Bar, Storage, Rain Gutters, Fencing
  • Roof: Concrete Roof, Other Roof
  • Waterview: Canal View, Ocean View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Water Separate Meter, FKAA, Elect Separate Meter, Community Swr Plant

Lot Info

  • Deed Restrictions: Yes
  • Lot Size: 52x100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Feb 5, 2019
Sold by
Michael Alexander Roland and Michael Sue Cynthia
Bought by
Corso Joseph Christopher and Corso Carolyn Jo
Seller's Agent
Cindy Alexander
Oceanside Realty
Buyer's Agent
Cindy Alexander
Oceanside Realty
List Price
$935,000
Sold Price
$850,000
Premium/Discount to List
-$85,000
-9.09%
Current Estimated Value
$1,282,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,925
Avg. Annual Appreciation
6.39%

Purchase Details

Listed on
Aug 10, 2018
Closed on
Jan 31, 2019
Sold by
Michael Alexander Roland and Michael Sue Cynthia
Bought by
Corso Joseph Christopher and Corso Carolyn Jo
Seller's Agent
Cindy Alexander
Oceanside Realty
Buyer's Agent
Cindy Alexander
Oceanside Realty
List Price
$935,000
Sold Price
$850,000
Premium/Discount to List
-$85,000
-9.09%

Purchase Details

Closed on
Sep 9, 2014
Sold by
Ginn Mitschel Kay
Bought by
Alexander Roland Michael and Alexander Cynthia Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,500
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 2013
Sold by
Mitschele Claude E and Ginn Mitschele Kay
Bought by
Ginn Mitschele Kay and Kay Ginn Mitschele Revocable Trust

Purchase Details

Closed on
Jan 20, 2011
Sold by
Martin William J and Martin Patricia A
Bought by
Mitschele Kay Ginn and Mitschele Claude E

Purchase Details

Closed on
May 21, 1999
Sold by
Mahony John P and Mahony J
Bought by
Martin William J and Martin Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.87%

Purchase Details

Closed on
May 7, 1999
Sold by
Blanchard Blanchard M and Blanchard M
Bought by
Lafferty Family Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 1, 1990
Bought by
Alexander Roland Michael and Alexander Cynthia Sue
Source: Public Records

Range of Values:

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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
Corso Joseph Christopher $850,000 None Listed On Document
Corso Joseph Christopher $850,000 None Listed On Document
Alexander Roland Michael $525,000 Attorney
Ginn Mitschele Kay -- Attorney
Mitschele Kay Ginn $350,000 Sunshine Title Of The Keys I
Martin William J $275,000 --
Lafferty Family Limited Partnership $265,000 --
Alexander Roland Michael $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Roland Michael $317,500
Previous Owner Lafferty Family Limited Partnership $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $850,000 -9.1% $596 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
08/10/2018 08/10/18 For Sale $935,000 -- $656 / 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 $7,215 $760,192 -- --
2023 $7,215 $738,051 $0 $0
2022 $6,946 $716,555 $0 $0
2021 $7,013 $695,685 $256,988 $438,697
2020 $6,732 $690,293 $244,804 $445,489
2019 $5,749 $588,195 $0 $0
2018 $5,437 $577,228 $0 $0
2017 $5,202 $565,356 $0 $0
2016 $5,302 $553,728 $0 $0
2015 $5,213 $539,948 $0 $0
2014 $5,547 $519,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cindy Alexander

    Oceanside Realty

  • C

    Buyer's Agent in 2019

    Cynthia Alexander

    Lokation Real Estate

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 581439

Florida Keys Board of REALTORS®

APN: 00076160-000100

Florida Monroe County Key Colony Beach 33051

928 W Ocean Dr, Key Colony Beach, FL

This home is located at 928 W Ocean Dr, Key Colony Beach, FL 33051 since 10 August 2018 and is currently estimated at $1,282,925, approximately $900 per square foot. This property was built in 1971. 928 W Ocean Dr 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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