Sold for $500,000

$500,000

1101 W Ocean Dr #34, Key Colony Beach, FL 33051

2beds

990sqft

Condominium, Residential - Condo/Townhouse

Built in 1973

-- sqft lot

$461,200 Zestimate^®

$505/sqft

$4,873 Estimated rent

Home value

$461,200

$420,000 - $503,000

$4,873/mo

Zestimate^® history

Owner options

List your home for rent

$4,873/mo

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$4,873/mo

Rent Zestimate^®

Refinance and save

$5,228/mo

Est. payment

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$5,228/mo

Est. payment

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What's special

Ocean viewResort style amenitiesStunning ocean viewsPickleball courtsWhite sandy beachSunset park

Turnkey 2bd/2ba condo that allows weekly rentals! Excellent investment opportunity in Key Colony Beach. Located in a vibrant community with a 9-hold golf course, pickleball courts, Sunset Park and Beach with tons of local restaurants, this condo is rental ready with an on-site management office making it an easy rental opportunity. Inside you'll find a newly remodeled open kitchen, all impact windows & doors, two balconies & an ocean view from each and every room! Come enjoy the pool and white sandy beach and south Florida sun! Just bring your suitcase! Everything else is covered. This condo truly has it all- a prime location, stunning ocean views, resort style amenities, rental potential & more! Call today to schedule appointment!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Oven, Range, Refrigerator

Features

Flooring: Tile, Carpet
Doors: Impact Rstnce Doors
Windows: Impact Rstnce Window
Furnished: Yes

Interior area

Total interior livable area: 990 sqft

Property

Parking

Parking features: Assigned, Guest, Open
Has uncovered spaces: Yes

Features

Exterior features: Sandy Beach
Has private pool: Yes
Pool features: In Ground
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean
Waterfront features: Oceanfront, Waterfront, Sandy Beach, Dockage: None

Lot

Features: 2 Less Than 5 Acres

Details

Additional structures: Chickee Hut
Parcel number: 00078901000310
Zoning: R-3
Zoning description: Multi Unit Res

Construction

Type & style

Home type: Condo
Property subtype: Condominium, Residential - Condo/Townhouse

Materials

Condition

Updated/Remodeled
New construction: No
Year built: 1973

Utilities & green energy

Electric: Elect Separate Meter
Utilities for property: FKAA, Buyer to Verify

Community & HOA

Community

Features: Beach
Subdivision: Sea Isle Condominium (AKA Cont. Cond) (53.5)

HOA

Has HOA: Yes
Services included: Sewer, Security, Maintenance Grounds, Maintenance Structure, Water, Pest Control
HOA fee: $2,200 quarterly

Location

Region: Key Colony Beach

Financial & listing details

Price per square foot: $505/sqft
Tax assessed value: $363,862
Annual tax amount: $4,066
Date on market: 10/20/2023
Listing terms: Cash,Conventional

Price history

Date	Event	Price
10/13/2023	Sold	$500,000-3.7%$505/sqft
Source: FLKMLS #605002 Report a problem
8/30/2023	Pending sale	$519,000$524/sqft
Source: MIAMI #A11424880 Report a problem
8/23/2023	Contingent	$519,000$524/sqft
Source: Key West AOR #605002 Report a problem
8/11/2023	Price change	$519,000-1.9%$524/sqft
Source: Key West AOR #605002 Report a problem
5/26/2023	Price change	$529,000-1.9%$534/sqft
Source: Key West AOR #605002 Report a problem
4/19/2023	Listed for sale	$539,000+29.9%$544/sqft
Source: Key West AOR #605002 Report a problem
7/28/2021	Sold	$415,000-3.3%$419/sqft
Source: Public Record Report a problem
5/3/2021	Listed for sale	$429,000+22.6%$433/sqft
Source: MLKAR #595890 Report a problem
1/19/2010	Sold	$350,000+105.9%$354/sqft
Source: Public Record Report a problem
6/1/2001	Sold	$170,000$172/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,006 -9.5%	$363,862 -9.1%
2024	$4,424 -1.5%	$400,282 -2.3%
2023	$4,490 +10.4%	$409,848 +10%
2022	$4,067 +8.2%	$372,589 +15.2%
2021	$3,758 +9.7%	$323,388 +10%
2020	$3,425	$293,989 -7%
2019	$3,425 +6.6%	$316,152
2018	$3,212 +8.5%	$316,152 +43.1%
2017	$2,960 +20.7%	$220,879
2016	$2,451 -3.5%	$220,879
2015	$2,540	$220,879