Condo in 601 W Ocean Dr Drive 203a, Key Colony Beach, FL 33051 for sale with MLS# R11078483

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 turnkey just 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!

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601 W Ocean Dr Drive 203a, Key Colony Beach, FL 33051

Price
Price:
$499,000.00
Original List Price:
$599,000.00
List Price per Sq Ft (Calculated, Approx.):
$404.37
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Change
Last Major Update on:
May 13, 2026 2:49 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Laundry, Kitchen, Living Room, Master Bedroom
Rooms Total:
4
Master Bedroom Bath:
Master Bdrm - Ground, Combo Tub/shower
Dining Area:
Kitchen Dining
Measures
Living Area:
1,234 Sqft
Built-Up Area:
1,234 Sqft
Building Area Source:
Public Records
Property Features
View from the Property:
Pool, Garden, Ocean
Waterfront:
Yes
Waterfront Features:
Ocean Front
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range
Interior:
Walk-In Closet(s)
Patio and Porch:
Patio, Patio - Open
Laundry:
Inside
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s)
Heating
Heating System:
Central
Property Entrance Faces:
East
Storm Protection Accordian Shutters:
Complete
Construction
Year Built:
1975
Roof:
Concrete
Levels:
Two
Entry Level Location:
Entry Level Living Area Y
Construction Materials:
Stucco, Concrete, CBS
Number of stories:
2
Structure Type:
Multi Family
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$4,992.00
Tax Year:
2025
Association Fee:
$2,008.33
Association Fee Frequency:
Monthly
Property Tax Details:
City/County, No Homestead
Parking
Covered Spaces:
0
Parking Features:
Assigned, Guest
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Association Type:
Homeowner Association
Amenities Provided by the Homeowner's Association (HOA):
Pool, Private Beach Pavilion, Management, Tennis Court(s), Parking, Manager On Site
Subdivision Name:
CAY CONDOMINIUM
Association Fee Includes:
Maintenance Grounds, Common Areas, Insurance
Senior Community:
No
Association Phone:
305-289-1581
Restrictions:
Lease Restrictions
Minimum Days per Lease:
14
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
APT 203A THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH OR602-326 OR759-551 OR1080-1854D/C OR1452-1306/08CERT/DIST OR
Real Estate Folio Number (Parcel Number):
00078330001500
Zoning:
Multi Unit Res
Public Schools Assigned
Elementary School:
Stanley Switlik
High School:
Coral Shores
Middle Or Junior School:
Marathon
Listing History
Active on the market since:
May 13, 2026
Listing Agreement executed on:
April 4, 2025
Price change occurred on:
May 13, 2026 1:58 pm
Listing Status Last Changed On:
May 13, 2026 1:55 pm
Photos updated on:
May 13, 2026 1:59 pm
Last Modified:
May 31, 2026 12:06 am
Additional Information
Courtesy of:
Rook Realty LLC
Attribution:
Not provided
Location
Street Name:
Ocean Dr
Street Number:
601
Unit Number:
203a
City:
Key Colony Beach
State:
Florida
Zip Code:
33051
County:
Monroe
Latitude:
N24° 43' 13.3''
Longitude:
W82° 58' 53.9''
Street Suffix:
Drive
Street Direction Prefix:
W
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $94,531
Median Home Value $834,800
Median Rent $1,849/mo
Median Age 66
Population 525

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This listing can also be located in the MLS system as RX-11078483
Association of REALTORS®
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