1101 West Ocean Drive, Unit 23

Key Colony Beach, FL 33051

$434,888
Price
2
Beds
2
Baths
990 Sq. Ft.
$439 / Sq. Ft.
990
Sq. Ft.
$439
per Sq. Ft.

Description

Paradise found in Key Colony Beach with weekly rentals allowed! Discover oceanfront bliss at the highly sought-after Sea Isle Condominiums, offering an unparalleled Florida Keys lifestyle with amenities galore. Stroll along the private white sand beach, dip into the pool, or unwind amid lush, meticulously maintained grounds featuring a tiki hut and serene grassy spaces. This third-floor turnkey condo boasts two bedrooms, two bathrooms, and nearly 1,000 square feet of thoughtfully designed living...Paradise found in Key Colony Beach with weekly rentals allowed! Discover oceanfront bliss at the highly sought-after Sea Isle Condominiums, offering an unparalleled Florida Keys lifestyle with amenities galore. Stroll along the private white sand beach, dip into the pool, or unwind amid lush, meticulously maintained grounds featuring a tiki hut and serene grassy spaces. This third-floor turnkey condo boasts two bedrooms, two bathrooms, and nearly 1,000 square feet of thoughtfully designed living space. Wake up to breathtaking ocean views from the primary bedroom's private balcony or catch a glimpse of the sea through the guest bedroom window. The beautifully updated kitchen is a chef's delight with granite countertops, wood cabinetry, and newer appliances, offering both style and functionality. The open-concept living and dining area make entertaining a breeze, while the recently installed 2021 AC and water heater provide peace of mind. This condo already has $20,000 in rental bookings for 2025, professionally managed by the association's on-site rental team, ensuring a seamless return on investment. Beyond Sea Isle's impressive amenities, immerse yourself in the vibrant lifestyle of Key Colony Beach. Within walking distance, enjoy tennis and pickleball courts, a 9-hole par-3 golf course, two children's playgrounds, a dog park, marinas, and an array of restaurants and bars. Don't miss the iconic Sunset Park, where stunning views and community events await. Quarterly condo fee is $2,550, excluding building insurances. Conveying fully furnished with rentals in place. Whether you're seeking a serene getaway, an investment property, or both, this is your chance to own a slice of paradise in the Florida Keys!
  1. Listed by Ally Kelley • Ocean Sotheby's International Realty

Property Details for 1101 West Ocean Drive, Unit 23

Waterfront
Oceanfront
Waterfront
Yes
Zoning
R-3 - Multi Unit Res
Subdivision
Sea Isle Condominium (AKA Cont. Cond) (53.5)
Directions
From US-1, turn onto Sadowski Causeway. Right on West Ocean Drive. Complex will be almost at the end on left. Unit 23 is in Building 2 on the third floor.
Vehicle Storage
Assigned Parking, Guest Parking
Pets
No Pets Allowed
LISTING UPDATED: 12/17/2024 10:23 AM

Property Details for 1101 West Ocean Drive, Unit 23

StatusActive
MLS #612721
Days on Market5
Taxes$4,007 / year
HOA Fees$2,550 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1973
CountyMonroe County

Building Information for 1101 West Ocean Drive, Unit 23

Building/Complex1101 W Ocean DrFloor-Stories3Residences36Pet PolicyNot AllowedYear Built1973

Property Information for 1101 West Ocean Drive, Unit 23

Summary
Location and General Information
  • Waterview: Ocean View, Open Water View
  • Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
  • Absolute Longitude: 81.023371
  • Control Depth: 0
  • Off Shore Island: No
  • Listing Board: Marathon/Lower Keys
  • Side: Ocean
  • Unit/Complex: Complex
  • Mile Marker: 53.5
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Tennis Courts, Bike Paths, Beach
  • Key/Island: Key Colony
Owner
  • Owner Name: Vrbanic
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: Yes
  • Association Info: Assoc Approval Req: Yes
  • Fee Includes: Cable, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Furnished: Furnished
  • Tax Year: 2024
  • Tax Exemptions: None
Property
Lot Information
  • Parcel #: 00078901-000211
  • Land Size: 2 Less Than 5 Acres
Property and Assessments
  • Legal: APT 23 SEA ISLE CONDOMINIUM (F/K/A CONTINENTAL CONDOMINIUM OF MARATHON BUILDING NO 2 INC) KEY COLONY BEACH
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 33
  • Document Count: 2
  • Building Style: Above Flood: Yes
  • Property Condition: Updated/Remodeled
  • Security: Patrolled Area
Utilities
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Buyer to Verify
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Pool Info: In Ground, Decked, Concrete
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Tile, Carpet
  • Floor Number: 3.0
  • Interior Features: Granite Counter Top
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
Exterior Features
  • Roof: Concrete Roof
  • Shutters: Accordion
  • Construction: CBS
  • Dockage: None
  • Exterior Features: Chickee Hut, Sandy Beach

Property History for 1101 West Ocean Drive, Unit 23

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1101 West Ocean Drive, Unit 23

Taxable ValueLand-Additions$394,130Total-
Tax Record2023$4,256 ($355 / month)
Home Facts
Beds2Baths2Total Finished SqFt990 SqFtAbove Grade Finished SqFt990 SqFtLot Size85,752 SqFtStyleCondominiumYear Built1973CountyMONROEAPN00078901-000211

Schools near 1101 West Ocean Drive, Unit 23

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - PK to 5
Charter - PK to 8
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Big Pine Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1101 West Ocean Drive, Unit 23 is a condo for sale in Key Colony Beach, FL 33051. This property was listed for sale on December 16, 2024 by Ocean Sotheby's International Realty, it's currently listed at $434,888. It has been on the market for a total of 5 days and was last sold on May 29, 2012. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Big Pine Academy. 1101 West Ocean Drive, Unit 23 is a 2-bed, 2-bath, 990 sqft condo built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Ocean Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.