351 E Ocean Dr, Key Colony Beach, FL 33051 Property Records

Monroe County property record for 351 E Ocean Dr, Key Colony Beach, FL 33051

Property Summary

Property TypeHotel
Details19,391 sqft · built 1958
Lot Size1.04 acres (45,320 sqft)
OwnerCompany Name on Record
Last Sale$2,797,400 (Oct 2011)
Tax Bill$64,087 (2023)
Flood ZoneZone AE (high risk)
APN00073950-000000

Property Details

APN / Parcel Number

Primary APN00073950-000000
Alternative APN
  • 1078859

Interior

Units16 Units
Stories3 Stories
Building Area19,391 sqft Gross Area
1st Floor Area18,330 sqft

Exterior

Year BuiltBuilt 1958
Effective Year BuiltEffective 2005
Exterior MaterialConcrete Block
Construction TypeConcrete Block
Fire ResistanceFireproof Reinforced Concrete
Roof MaterialSlate
Lot Area45,320 sqft (1.04 acres)
Garage TypeCarport
CarportCarport

Exterior Amenities

Pool Area1,125 sqft
PorchOpen Porch
Porch Area6,490 sqft
Deck Area2,709 sqft
Patio Area3,500 sqft
Canopy528 sqft

Location & Zoning

Account Number1078859
Street Address351 E OCEAN DR
CityKEY COLONY BEACH
StateFL
Zip33051
Property CategoryCommercial
Property TypeCommercial > Retail > Hotel
Local Zoning CodeINC
Legal DescriptionKEY COLONY BEACH PB3-120 SHELTER KEY-OCEAN BEACH CLUB AND ALL TIME SHARE INTERVALS- 10 -11 -10A - 11A BLK 6 OR387-982 OR604-79E OR613-552E OR805-2076 OR848-2275 OR857-1628/73 OR848-2275 OR906-1238 OR939-1053 OR925-1461AMD DEC OR997-182/186C OR1116-40
Legal Range33E
Legal Township66S
Legal Section04
Legal SubdivisionKEY COLONY BEACH
Legal Block6
Legal Lot Number10,10
JurisdictionMONROE FL
Township / Civil DivisionMIDDLE KEYS
Census Block Group1
Census Block1006
Census Tract971001

Owner

Source: Monroe County records, as of December 8, 2025

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing Address7100 N CAPITOL DR, LINCOLNWOOD, IL 60712-2740
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 14, 2011 · Amount on Record
Deed SaleOct 14, 2011 · Amount on Record
Prior SaleOct 11, 2011 · Amount on Record
Deed Book / Page2539 / 2079
Prior Transfer DateMar 6, 2009
Prior Transfer Doc0024030964
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

Source: Monroe County assessment roll, as of December 8, 2025

Property Jurisdictions

TypeName
StateFlorida
CountyMonroe County
MunicipalityKey Colony Beach City
Unified School DistrictMonroe County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$10,423,121 (-2.53%) Land $5,732,717 Building $4,690,404$10,423,121 (-2.53%) Land $5,732,717 Building $4,690,404
2023$64,087.00 (+43.81%)$10,693,671 (+110.51%) Land $6,416,202 Building $4,277,469$10,693,671 (+110.51%) Land $6,416,202 Building $4,277,469
2022$44,564.00$5,079,940 Land $2,285,973 Building $2,793,967$5,079,940 Land $2,285,973 Building $2,793,967

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 24, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation10.0 ft
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on Record
median of 558 individual policies
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies967 units insured
incl. 409 condo units
Nearby Flood Claims861 (1979–2026)
Claims Outside the SFHA1 of 861
Most Recent ClaimFeb 2026 · other causes
Claims by Event
  • Hurricane Irma, Sep 2017 · 469 claims
  • Hurricane Wilma, Oct 2005 · 45 claims
  • Hurricane Georges, Sep 1998 · 250 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 276 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
T-Mobile
Fixed Wireless
100 / 20

May also be available: AT&T, Hotwire Communications, Verizon.

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on E Ocean Dr

Nearby Streets

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