1101 W Ocean Drive, 12, Key Colony, FL 33051
$460,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
990
Status:
Closed
Current Price:
$460,000
List Date:
5/07/2023
Last Modified:
10/10/2023
Description
Looking for that 2nd home in the Keys that will also generate income? Weekly rentals allowed here at Sea Isle on Key Colony Beach! Unit 12 is located in the coveted oceanfront building and has gorgeous ocean views from the balcony! 2 bedrooms, 2 baths and sold furnished. Currently a successful vacation rental with bookings in place, ask for details. Beautiful sandy beach, tiki hut, lounging area and pool. Assigned parking space for 1 car and additional guest parking. On site manager. Key Colony Beach is a resort community in the Middle Florida Keys offering several restaurants, shops, 9 hole golf course, sports courts and an oceanfront park, all within walking or biking distance. Seller financing considered with 30% down, 8% interest, 5 year term.
More Information MLS# 605207
Contract Information
Current Price: $460,000
Listing Date: 2023-05-07
Listing Board: Marathon/Lower Keys
Sold Price: $460,000
As is Rght to Inspct: Yes
Species List: Yes
Location, Tax & Legal
Street #: 1101
Direction: W
Street Name: Ocean
Street Suffix: Drive
Unit #: 12
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
Off Shore Island: No
County: Monroe
Subdivision: Sea Isle Condominium (AKA Cont. Cond) (53.5)
Mile Marker: 53.5
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE,AE,VE
Alternate Key #: 1085308
Parcel #: 00078901-000112
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Yes
Legal: APT 12 SEA ISLE CONDOMINIUM (F/K/A CONTINENTAL CONDOMINIUM OF MARATHON INC) KEY COLONY BEACH
Taxes: 4155.21
Tax Year: 2022
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Control Depth: 2
Unit/Complex: Unit
Pool: Yes
Year Built: 1973
Living Apx SqFt: 990
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Floor Number: 3
Rentals Allowed: Yes
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: Looking for that 2nd home in the Keys that will also generate income? Weekly rentals allowed here at Sea Isle on Key Colony Beach! Unit 12 is located in the coveted oceanfront building and has gorgeous ocean views from the balcony! 2 bedrooms, 2 baths and sold furnished. Currently a successful vacation rental with bookings in place, ask for details. Beautiful sandy beach, tiki hut, lounging area and pool. Assigned parking space for 1 car and additional guest parking. On site manager. Key Colony Beach is a resort community in the Middle Florida Keys offering several restaurants, shops, 9 hole golf course, sports courts and an oceanfront park, all within walking or biking distance. Seller financing considered with 30% down, 8% interest, 5 year term.
Directions: US 1 to Sadowski Causeway, right on W. Ocean Drive, complex is about 3/4 way down on the left. Unit 12 is in the building directly on the ocean.
Status Change Info
Sold Date: 2023-09-18
Sold Price: $460,000
Status: Closed
Association Info
Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: Yes
Assoc Approval Req: Yes
Maintenance Fee $: 2200
Assoc/Mnt Fee Per: Quarterly
Building Style
Above Flood: Yes
Stories: 3 Stories
Property Features
Fee Includes: Bldg Exterior Mnt; Cable; Common Area Mnt; Exterminating; Sewer; Water
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: None
Vehicle Storage: Assigned Parking; Guest Parking; Open Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Porch/Balcony: Open Porch/Balcony
Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer
Interior Features: Drapes/Blinds Incl; Quartz Countertops
Appliances: Dishwasher; Microwave; Oven; Range; Refrigerator
Exterior Features: Chickee Hut; Sandy Beach
Pool Info: In Ground; Concrete; Decked
Construction: CBS; Concrete
Windows/Doors: Impact Rstnce Doors; Impact Rstnce Window; Other Windows/Doors
Shutters: Accordion
Floor: Tile
Pets: No Pets Allowed
Neighborhood Feature: Beach; Bike Paths; Community Pool; Manager on Premises; Tennis Courts; Other Area Features
Security: Patrolled Area
Land Size: 1 Less Than 2 Acres
Terms: Cash; Conventional; Seller Finance Psble
Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: October - 10 - 2023
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