About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

501 E Ocean Dr #22, Key Colony, FL 33051

$776,000

Last sold 01/26/2024 for $800K

2
bed
2
bath
1,001
Sqft ($799/Sqft)

Condominium not for sale

About 501 E Ocean Dr #22

Property type Condominium

Year built 2023

HOA fee $1,333/month

Movoto estimate

Property description

SELLER FINANCING now offered on your dream coastal retreat, #22 Key Colony Bch Club! Nestled in picturesque Key Colony Beach, this spacious and airy 2 Bedroom/2 Bath is ready to offer you an unparalleled waterfront living experience. Be the first to call this stunning top floor residence home and embrace a lifestyle of luxury, relaxation and breathtaking ocean views. Open concept living, abundant natural light and expansive private balcony overlooking the Atlantic Ocean, landscaped courtyard and sparkling pool. Brand new construction, never lived in; built to meet all of today's building codes, including the ability to withstand a Cat 5+ hurricane. Low HOA fees of only $1,000 month includes building insurance! Weekly vacation rentals permitted. Elevator building, two dedicated/covered parking spaces and private storage. Don't miss out on this incredible opportunity to own a brand new, never been lived in, oceanfront condo in Key Colony Beach.

Listed by

Listing Agent - Karen D Raspe, PA

Listing Office - Berkshire Hathaway HomeServices Keys Real Estate

Source: FKBOR MLS

MLS#605910 • last updated 1 year ago

Movoto checked FKBOR MLS for data 8 minutes ago

Overview
Cooling/AC	Central Air, Ceiling Fans(s)
MLS #	605910
Type	Residential
SqFt	1001
Status	Closed
SubType	Condominium
Property Tax	892.1
Year Built	2023
HOA Fee	Quarterly, 4000
Condition	New Construction

Interior
Total # of Bathrooms	2
# of Full Baths	2
Total # of Bedrooms	2
Laundry	Laundry Room
Flooring	Laminate
Appliances	Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave, Disposal
Interior Features	Fire Sprinkler, Walk-in Closet(s), Quartz Countertops

Exterior
Construction	Concrete
Exterior Features	Shed
Patio/Porch	Open Porch/Balcony

Amenities / Utilities
Utilities	Elect Separate Meter
HOA Fee Includes	Cable TV, Sewer, Water, Bldg Exterior Mnt, Building Insurance, Common Area Mnt
Pool	In Ground, Concrete

Location
County	Monroe
Community Features	Manager On Premises, Fire Hydrant, Beach, Bike Paths
Subdivision	Key Colony Bch Club (53.5)
APN	00073990-002200
Zoning	R-3 - Multi Unit Res
Directions	Overseas Hwy/MM 53.5, Turn At Sadowski Cswy Light. Follow To E. Ocean. Stilted Yellow Buildings On Right. #22 Is Located On East Side Of Property.

Multifamily Details
Total # of Units	32

$776K

Range: $465K-$1.08M

Last 30 days

Lower your payment with the loan terms that fit you.

Feb 2024
Public Records
Feb 1, 2024 Sold
$800,000
Jan 2024
MLS # 605910
Jan 26, 2024 Sold
$800,000 (-5.8%)
Jan 19, 2024 Contingent
—
Sep 30, 2023 Price Change
$849,000 (-3.4%)
Jul 8, 2023 Listed
$879,000 (+278.9%)
Apr 2016
MLS # 566539
Apr 11, 2016 Sold
$232,000 (-3.3%)
Apr 11, 2016 Price Change
$240,000
Jan 30, 2015 Listed
—

Year Property taxes Tax assessment
2024
$4,644 +416.6%

$611,706 +605.79%
2023
$899 +0.8%

$86,670
2022
$892 -4.2%

$86,670
2021
$931 +3.3%

$86,670
2020
$901 -0.1%

$86,670
2019
$902 -60.8%

$86,670 -56.32%
2018
$2,301 -5.2%

$198,414 -9.0%
2017
$2,426 -3.5%

$218,037
2016
$2,513 +31.1%

$218,037
2015
$1,917

—

501 E Ocean Dr #22
$800K
—
33051
$995K +13% y/y
Key Colony
—

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
501 E Ocean Dr #8, Key Colony Beach, FL 33051	$687,000	2/2	972	0.01
501 E Ocean Dr #7, Key Colony Beach, FL 33051	$678,000	2/2	972	0.01
501 E Ocean Dr #6, Key Colony Beach, FL 33051	$704,000	2/2	972	0.01
501 E Ocean Dr #29, Key Colony Beach, FL 33051	$671,000	2/2	972	0.02
501 E Ocean Dr #9, Key Colony Beach, FL 33051	$772,000	2/2	972	0.02
501 E Ocean Dr #10, Key Colony Beach, FL 33051	$687,000	2/2	972	0.02
501 E Ocean Dr #26, Key Colony Beach, FL 33051	$682,000	2/2	972	0.02
501 E Ocean Dr #27, Key Colony Beach, FL 33051	$678,000	2/2	972	0.02

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.