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Sold for $485,000
  • $485,000

    201 E Ocean Dr #1-311, Key Colony Beach, FL 33051

    2beds
    994sqft
    Condominium
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $488/sqft
    $4,426 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,426/mo

    Zestimate® history
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    What's special

    Welcome to your slice of paradise in Key Colony Beach. This beautifully updated 3rd floor condo offers breathtaking, unobstructed views of the Atlantic Ocean from your private balcony, all while being ideally located in a quiet, private corner of the complex for the perfect blend of serenity and scenery. Inside, you'll find tile flooring throughout, an updated kitchen with granite counters, and modern tile bathrooms. A private washer and dryer and convenient elevator access provide everyday comfort. The entire complex has been recently and completely renovated, showcasing a beautiful array of resort style amenities. Enjoy direct access to a private sandy beach, relax by the oceanfront pool, or play a friendly game on the tennis and pickleball courts. A fishing pier adds to the coastal lifestyle, while the landscaped courtyards create a peaceful, community atmosphere. With on site management and bi weekly rentals allowed, this condo offers an excellent investment opportunity, and the owner already has rentals in place to help generate immediate income. Whether you are seeking a personal retreat or a strong investment property, this move in ready condo delivers the ultimate Florida Keys lifestyle. GREAT NEW PRICE! Don't miss out on this amazing opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Darlene Alferes 305-407-6925,

    Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

    Bought with:

    Natalie M. Ardis, 3231276

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 616448MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave
    Interior area
    • Total structure area: 994
    • Total interior livable area: 994 sqft

    Property

    Features
    • Has private pool: Yes
    • Pool features: In Ground, Decked
    • On waterfront: Yes
    Details
    • Parcel number: 00073871003400
    • Zoning: R-3 - Multi Unit Res

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS
    Condition
    • Year built: 1975

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: Casa Clara (53.5)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Sewer, Pest Control, Water, Maintenance Structure, Insurance, Common Area Mnt
    • HOA fee: $2,983 quarterly
    Location
    • Region: Key Colony Beach

    Financial & listing details

    • Price per square foot: $488/sqft
    • Tax assessed value: $369,110
    • Annual tax amount: $4,122
    • Date on market: 9/11/2025
    • Listing terms: Seller Finance Psble,Cash,Conventional

    Price history

    DateEventPrice
    2/26/2026Sold$485,000-3%$488/sqft
    Source: FLKMLS #616448 Report a problem
    2/10/2026Contingent$499,900$503/sqft
    Source: FLKMLS #616448 Report a problem
    1/15/2026Price change$499,900-2%$503/sqft
    Source: Key West AOR #616448 Report a problem
    1/5/2026Price change$510,000-1%$513/sqft
    Source: Key West AOR #616448 Report a problem
    12/29/2025Price change$515,000-1%$518/sqft
    Source: Key West AOR #616448 Report a problem
    12/22/2025Price change$520,000-1%$523/sqft
    Source: FLKMLS #616448 Report a problem
    12/18/2025Price change$525,000-1.9%$528/sqft
    Source: Key West AOR #616448 Report a problem
    12/12/2025Price change$535,000-2.7%$538/sqft
    Source: FLKMLS #616448 Report a problem
    12/6/2025Price change$550,000-4.3%$553/sqft
    Source: Key West AOR #616448 Report a problem
    12/1/2025Price change$575,000-1.5%$578/sqft
    Source: FLKMLS #616448 Report a problem
    11/18/2025Price change$584,000-0.8%$588/sqft
    Source: FLKMLS #616448 Report a problem
    9/11/2025Listed for sale$589,000+81.2%$593/sqft
    Source: Key West AOR #616448 Report a problem
    8/28/2020Sold$325,000+35.4%$327/sqft
    Source: FLKMLS #589075 Report a problem
    5/25/2001Sold$240,000$241/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,054 -1.7%$369,110 +1.1%
    2024$4,123 +9.1%$364,973 +10%
    2023$3,779 +8.8%$331,794 +10%
    2022$3,474 +8%$301,631 +10%
    2021$3,218 +90.5%$274,210 +63.7%
    2020$1,689 $167,509 +2.3%
    2019$1,689 +2.4%$163,743 +1.9%
    2018$1,649 +5%$160,690 +2.1%
    2017$1,570 +4.2%$157,385 +2.1%
    2016$1,507 -1%$154,148 +0.7%
    2015$1,523 $153,076
    Find assessor info on the county website

    Neighborhood: 33051

    Nearby schools

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