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601 W Ocean Dr Drive # 203a Key Colony Beach, FL ^$ 490,000

601 W Ocean Dr Drive # 203a

^$ 490,000

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601 W Ocean Dr Drive # 203a

Key Colony Beach, FL, 33051

^$ 490,000

Bedrooms2 Baths2.0 Sq 1,234

Monthly Estimate*

^$ 3,057

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Condo for sale in Key Colony Beach, FL

for $490,000 with 2 bedrooms and 2 full baths. This 1,234 square foot condo was built in 1975 on a lot size of 3.09518.

We're thrilled to share some exciting news, a fantastic price improvement just in time for your summer vacation! Nestled right between Key Largo and Key West, you'll discover a lovely condo association with a gorgeous beach and inviting turquoise waters--perfect for your getaway!This charming ground-level condo features two cozy bedrooms and two bathrooms, offering a wonderful spot that's close enough to the fun of Key West and Key Largo while still being a peaceful retreat where you can relax and unwind.You'll love how easy it is to explore everything the area has to offer! Whether you're in the mood for dining at local favorites, indulging in some shopping, or setting off on exciting fishing and diving adventures, all your favorites are just a short bike ride or a leisurely stroll away. And don't forget to check out Sunset Park while you're at it! Unit 203A is in the rental pool and can be rented for a minimum of 14 days, making it a great investment opportunity. Plus, it's fully furnished and turnkeyjust pack your suitcase and enjoy your stay! Reservations for the season are already starting, so don't miss your chance to experience this fantastic getaway!

Condo Active

Price

^$ 490,000

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 5,040

Style

Lot Size

3.09518

Year Built

1975

Town/City

Key Colony Beach

County/Region

Monroe

MLS | Web ID

RX11078483

Features

Exterior

Lot Description < 1/4 Acre

Exterior Amenities Open Patio

Waterfront Yes Oceanfront

Private Pool Y/N No

Subdiv. Amenities Manager on Site Pool Private Beach Pvln Tennis

Interior

Interior Amenities Entry Lvl Lvng Area Walk-in Closet

Dining Area Dining/Kitchen

Flooring Tile

Furnished Y/N Furnished Turnkey

Total Bedrooms 2

Master Bedroom/Bath Combo Tub/Shower Mstr Bdrm - Ground

Unit Floor # 1.00

Total Bathrooms 2.00

SqFt - Living 1234.00

Total Floors/Stories 2.00

Equip/Appl Included Dishwasher Dryer Microwave Range - Electric Refrigerator Washer

General

Construction CBS Concrete Stucco

Heating Central

Cooling Ceiling Fan Central

Utilities Cable Electric Public Sewer Public Water

Possession At Closing Funding

Parking Assigned Guest

Pets Allowed No

Zoning Multi Unit Res

HOA Mandatory

Number of Garage Spaces 0.00

Security Security Patrol

Status Active

Full Baths 2

Half Baths 0

Year Built 1975

REO No

Subdivision CAY CONDOMINIUM

View Garden Ocean Pool

Type Condo/Coop

Rooms Laundry-Inside

Property Type A

Area 5940

Application Fee 0.00

Unit Number 203a

Auction No

Tax Year 2024

Terms Considered Cash Conventional

Gated Community No

Short Sale No

Restrict Lease OK w/Restrict

Taxes 5040.00

Adult 55+ No Hopa

HOA/POA/COA (Monthly) 1786.00

Governing Bodies HOA

Membership Fee Required No

Virtual Tour https://www.propertypanorama.com/601-W-Ocean-Dr-Drive-203a-Key-Colony-Beach-FL-33051/unbranded

Geo Area Other Geographic Area

Legal Description APT 203A THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH OR602-326 OR759-551 OR1080-1854D/C OR1452-1306/08CERT/DIST OR1

Internal Only

OriginalMLSID RX-11078483

* Excluded Features

List By

Jeannine M Cook

Listing Agent

Rook Realty Llc

Broker

jeannine@jeanninecook.net

Affordability Calculator

$3,477

Per Month

Monthly Principal & Interest: $3,057
Monthly Property Taxes: $420
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Condo listings in Key Colony Beach, FL

Average List Price ^$490,000

Percent of Sale Price 0%

About Key Colony Beach, FL

674 Population

1% Since 2002

^$69,676 Median Income

65.49 Median Age

2% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

368239 Elementary School

368240 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
8/25/2025	$490,000	-9.09%	Price Down
5/29/2025	$539,000	-6.26%	Price Down
5/6/2025	$575,000	-4.01%	Price Down
4/4/2025	$599,000		Listed Price

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601 W Ocean Dr Drive # 203a, Key Colony Beach, FL, 33051 is a Condo for sale at $490,000 with 1,234 sqft and a lot size of 3.09518. 601 W Ocean Dr Drive # 203a has 2 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 33051 which is in Key Colony Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of BeachesMLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/6/2025.

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601 W Ocean Dr Drive # 203a

Condo for sale in Key Colony Beach, FL

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