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Sold for $720,000
    • $720,000

    501 E Ocean Dr APT 24, Key Colony Beach, FL 33051

    2beds
    --sqft
    Condominium
    Built in 2022
    -- sqft lot
    $715,100 Zestimate®
    $--/sqft
    $4,022 Estimated rent

    Home value

    $715,100

    $665,000 - $772,000

    $4,022/mo

    Zestimate® history
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    What's special

    Entering unit #24, you are greeted with luxurious 9ft ceilings, neutral vinyl floors throughout and the kitchen and living room that offer an elevated impression. The white shaker cabinets, SS appliances, white quartz countertops and kitchen island are accompanied by a breakfast nook/bar area with ocean views that lead to the guest suite equipped with a shower/tub in the bathroom and a stacked washer/dryer in the walk in closet. This rare opportunity to own a unit that has never been lived in also allows 7 day rentals. Key Colony Beach Club marked amenities include oceanfront pool, viewing pier, 2 designated undercover parking spaces, ground level storage unit, and elevator. Don't miss out on the Best Priced Unit in the Complex!

    Zillow last checked:

    Listing updated:

    Listed by:

    Benton Langley 305-394-9020,

    Langley Knight Gardner Islamorada

    Bought with:

    NON-MLS MEMBER

    MAR NON MLS MEMBER

    Source: MIAMI,MLS#: A11528594MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator
    Features
    • Flooring: Vinyl

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Or More Spaces, Covered, Other
    • Garage spaces: 2
    Features
    • Entry location: Second Floor Entry
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: Association, Private Pool
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Access, Ocean Front
    Lot
    • Features: East Of Us1
    Details
    • Parcel number: 8555920

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2022

    Community & HOA

    Community
    • Security: Fire Alarm
    • Application fee: $0
    • Subdivision: Key Colony Bch Club
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator(s), Exterior Lighting, Storage, Pool
    • HOA fee: $1,000 monthly
    Location
    • Region: Key Colony Beach

    Financial & listing details

    • Tax assessed value: $675,268
    • Annual tax amount: $892
    • Date on market: 7/26/2023
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    5/18/2024Sold$720,000-3.4%
    Source: MIAMI #A11528594 Report a problem
    5/3/2024Pending sale$745,000
    Source: FLKMLS #606110 Report a problem
    4/22/2024Contingent$745,000
    Source: FLKMLS #606110 Report a problem
    4/8/2024Price change$745,000-4.4%
    Source: FLKMLS #606110 Report a problem
    2/11/2024Price change$779,000-1.3%
    Source: FLKMLS #606110 Report a problem
    1/29/2024Price change$789,000-1.3%
    Source: FLKMLS #606110 Report a problem
    11/1/2023Price change$799,000-3.2%
    Source: FLKMLS #606110 Report a problem
    9/15/2023Price change$825,000-2.9%
    Source: FLKMLS #606110 Report a problem
    7/26/2023Listed for sale$850,000
    Source: FLKMLS #606110 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,871 +41.1%$675,268 +82.3%
    2024$4,868 +259%$370,389 +327.4%
    2023$1,356 +52%$86,670
    2022$892 -4.2%$86,670
    2021$931 +3.3%$86,670
    2020$901 $86,670
    2019$901 -0.1%$86,670 -56.3%
    2018$902 -60.8%$198,414 -9%
    2017$2,301 +1.5%$218,037
    2016$2,266 +1%$218,037 +38.8%
    2015$2,243 $157,081
    Find assessor info on the county website

    Neighborhood: 33051

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    Estimated market value
    $715,100
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    Estimated market value
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