1101 W Ocean Drive 29, Key Colony, FL 33051

$333,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 990 Status: Closed

Current Price: $333,000 List Date: 10/22/2025 Last Modified: 5/06/2026

Overview

Description

Beachfront Community Bargain. This absolutely charming 2-bedroom, 2-bath condo in the Sea Isle complex is the most affordably priced unit currently available in all of Key Colony Beach. Sold fully furnished and turn key, it's ready for you to enjoying or start collecting rental income immediately. Light-filled and spacious, the property offers tasteful updates, two balconies—including one off the primary suite with peekaboo views of the ocean—and a relaxed coastal vibe throughout. Set in an oceanfront community, you'll enjoy direct access to a sandy beach on the Atlantic, a sparkling swimming pool, lush tropical landscaping, and an oceanfront lawn perfect for sunbathing or gathering under the tiki hut with outdoor grills. All state-required inspections have been completed and passed with flying colors. Weekly rentals are permitted, and this unit has a successful rental history, along with upcoming bookings. Key Colony Beach is a walkable, golf cart-friendly island with it ... (Read more)

Listing Details MLS# 615077

Location, Tax & Legal

Street #: 1101
Direction: W
Street Name: Ocean
Street Suffix: Drive
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Sea Isle Condominium (AKA Cont. Cond) (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Unit #: 29
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53
Marathon Neighborhood: N/A
Side: Ocean
Alternate Key #: 1085499
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Unknown
Taxes: 3904.05
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: Yes

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: No
Pool: Yes
Year Built: 1973
Total Units: 36
Living Apx SqFt: 990
SqFt Source: Tax Records
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Floor Number: 2
Rentals Allowed: No
Min Rental Days: 7
Control Depth: 0
Lot SqFt: 0

Status Change Info

Under Contract Date: 2025-09-03
Sold Date: 2025-10-31

Association Info

Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: Yes
Assoc Approval Req: Yes
Association Fee $: 2810
Assoc/Mnt Fee Per: Quarterly

Building Style

Above Flood: Yes
Stories: 3 Stories

More Information

Remarks & Misc

Remarks – Consumer: Beachfront Community Bargain. This absolutely charming 2-bedroom, 2-bath condo in the Sea Isle complex is the most affordably priced unit currently available in all of Key Colony Beach. Sold fully furnished and turn key, it's ready for you to enjoying or start collecting rental income immediately. Light-filled and spacious, the property offers tasteful updates, two balconies—including one off the primary suite with peekaboo views of the ocean—and a relaxed coastal vibe throughout. Set in an oceanfront community, you'll enjoy direct access to a sandy beach on the Atlantic, a sparkling swimming pool, lush tropical landscaping, and an oceanfront lawn perfect for sunbathing or gathering under the tiki hut with outdoor grills. All state-required inspections have been completed and passed with flying colors. Weekly rentals are permitted, and this unit has a successful rental history, along with upcoming bookings. Key Colony Beach is a walkable, golf cart-friendly island with its own police department, a 9-hole golf course, tennis and pickleball courts, playgrounds, Sunset Park, and several dining options just a short stroll away. If you've been searching for an affordable piece of paradise in the Florida Keys, this is it. Motivated Seller. Bring offer and start enjoying the Keys life or passive income.
Directions: SADOWSKI CAUSEWAY, RIGHT ON W OCEAN DRIVE, LEFT IN PARKING LOT. BUILDING 3 (CLOSEST TO ROAD, SAME BUILDING AS OFFICE) 2ND FLOOR. USE STAIRS BY PARKING LOT. UNIT BY STAIRS

Fee Includes

Bldg Exterior Mnt: Yes
Cable: Yes
Common Area Mnt: Yes
Exterminating: Yes
Sewer: Yes
Water: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes

Pets

No Pets Allowed: Yes

Cooling

Central Air: Yes

Waterfront

Oceanfront: Yes

Waterview

Ocean View: Yes

Floor

Carpet: Yes
Laminate: Yes

Neighborhood Feature

Beach: Yes
Bike Paths: Yes
Other Area Features: Yes

Property Condition

Updated/Remodeled: Yes

Vehicle Storage

Open Parking: Yes
Assigned Parking: Yes

Security

Patrolled Area: Yes

Construction

CBS: Yes

Land Size

2 Less Than 5 Acres: Yes

Furnished

Furnished: Yes

Utilities

Buyer to Verify: Yes
Elect Separate Meter: Yes
FKAA: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Title

Negotiable: Yes
Title Ins - Buyer: Yes

Exterior Features

Chickee Hut: Yes
Sandy Beach: Yes

Pool Info

In Ground: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Cable; Common Area Mnt; Exterminating; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Assigned Parking; Open Parking Furnished: Furnished Cooling: Central Air Utilities: Buyer to Verify; Elect Separate Meter; FKAA Appliances: Dishwasher; Oven; Range; Refrigerator Exterior Features: Chickee Hut; Sandy Beach Pool Info: In Ground Construction: CBS Floor: Carpet; Laminate Pets: No Pets Allowed Neighborhood Feature: Beach; Bike Paths; Other Area Features Security: Patrolled Area Land Size: 2 Less Than 5 Acres Title: Negotiable; Title Ins - Buyer

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: May - 06 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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