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Sold for $750,000
  • $750,000

    501 E Ocean Dr APT 18, Key Colony Beach, FL 33051

    2beds
    1,008sqft
    Condominium
    Built in 2023
    -- sqft lot
    $671,000 Zestimate®
    $744/sqft
    $5,005 Estimated rent

    Home value

    $671,000

    $611,000 - $731,000

    $5,005/mo

    Zestimate® history
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    What's special

    Swimming poolAbundance of natural lightOpen floor planExtra windowsSpacious balcony
    Welcome to Key Colony Beach Club Unit 18. This 3rd floor End Unit has extra windows that allow for an abundance of natural light to flow throughout this open floor plan. Step onto your spacious balcony from the main living area or the primary en-suite where you can enjoy the views of the lush landscaping, swimming pool and turquoise waters of the Atlantic Ocean. Unit has designated covered parking for 2 cars with a large storage area and elevator access. Steps to the beach and walking distance to Parks, Restaurants and Shops. Key Colony Beach Club allows for weekly rentals as well so great investment property

    Zillow last checked:

    Listing updated:

    Listed by:

    Teri Hiller 305-481-0361,

    Coldwell Banker Schmitt Real Estate Co.,

    Joshua James Mothner 305-942-9519,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 610859MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Stainless Steel Appliance(s)
    Features
    • Storage, Quartz Countertops
    • Flooring: Laminate
    Interior area
    • Total structure area: 1,008
    • Total interior livable area: 1,008 sqft

    Property

    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Storage
    • Has private pool: Yes
    • Pool features: In Ground
    • On waterfront: Yes
    Details
    • Parcel number: 00073990001800
    • Zoning: R-3 - Multi Unit Res

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Utilities for property: Elect Separate Meter

    Community & HOA

    Community
    • Features: Community Boat Ramp, Fire Hydrant, Beach, Other, Bike Paths
    • Security: Security Guard, Fire Sprinkler System
    • Subdivision: Key Colony Bch Club (53.5)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Sewer, Water, Maintenance Structure, Insurance, Common Area Mnt
    • HOA fee: $4,000 quarterly
    Location
    • Region: Key Colony Beach

    Financial & listing details

    • Price per square foot: $744/sqft
    • Tax assessed value: $601,307
    • Annual tax amount: $1,274
    • Date on market: 7/24/2024

    Price history

    DateEventPrice
    1/24/2025Sold$750,000-5.7%$744/sqft
    Source: FLKMLS #610859 Report a problem
    12/18/2024Contingent$795,000$789/sqft
    Source: MLKAR #610859 Report a problem
    7/24/2024Listed for sale$795,000+419.6%$789/sqft
    Source: FLKMLS #610859 Report a problem
    12/16/2014Sold$153,000-61.7%$152/sqft
    Source: FLKMLS #564701 Report a problem
    4/14/2009Listing removed$399,000$396/sqft
    Source: AgentWebsite Inc. #544223 Report a problem
    12/23/2008Listed for sale$399,000$396/sqft
    Source: AgentWebsite Inc. #544223 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,978 +6.5%$407,428 +10%
    2024$4,673 +266.7%$370,389 +373.9%
    2023$1,274 +57.1%$78,153
    2022$811 -4.2%$78,153
    2021$846 +3.3%$78,153
    2020$819 $78,153
    2019$819 -0.1%$78,153
    2018$820 -30.8%$78,153 -60.2%
    2017$1,184 -46%$196,610
    2016$2,194 +1.2%$196,610 +25.2%
    2015$2,168 $157,081
    Find assessor info on the county website

    Neighborhood: 33051

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $671,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $671,000