1133 W Ocean Drive 4, Key Colony, FL 33051

$949,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,929 Status: Active

Current Price: $949,000 List Date: 10/27/2026 Last Modified: 10/27/2026

Overview

Description

Experience the pinnacle of oceanfront island living at Key Colony Point. Beautifully modernized and impeccably maintained, this premier 3-bedroom, 3-bathroom residence stands out with refined contemporary upgrades, high-end coastal finishes, and a well-established, multi-year rental history delivering proven income performance. Wide-open ocean vistas greet you the moment you step into the main living area, where floor-to-ceiling views transition seamlessly to turquoise waters and access to soft sand at the pocket beach just steps from your back door. Designed for effortless entertaining and pure relaxation, every space reflects true turnkey luxury. As an owner, you and your guests enjoy world-class resort amenities: an oceanfront heated pool and spa, private fishing pier, tennis/pickleball courts, lush grounds, and the ease of dedicated on-site management supporting lucrative weekly rentals. Fishing pier has on and off loading usage only. No overnight boat docking. Stroll along Key Col ... (Read more)

Listing Details MLS# 621803

Location, Tax & Legal

Street #: 1133
Direction: W
Street Name: Ocean
Street Suffix: Drive
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Key Colony Point (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Unit #: 4
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Senior Community YN: No
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 8637195
Parcel #: 00078600-000500
Zoning: R-3 - Multi Unit Res
Deed Restrictions: No
Legal: KEY COLONY POINT A CONDOMINIUM UNIT 4
Taxes: 7827.78
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: Yes
Unit/Complex: Unit
Pool: Yes
Year Built: 1982
Total Units: 31
Lot Sqft Source: Property Data Card
Living Apx SqFt: 1929
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 7
Control Depth: 0
Lot SqFt: 0
Acres: 0

Association Info

Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: Yes
Association Fee $: 11475

Building Style

Above Flood: Yes
Townhouse: Yes

More Information

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: Experience the pinnacle of oceanfront island living at Key Colony Point. Beautifully modernized and impeccably maintained, this premier 3-bedroom, 3-bathroom residence stands out with refined contemporary upgrades, high-end coastal finishes, and a well-established, multi-year rental history delivering proven income performance. Wide-open ocean vistas greet you the moment you step into the main living area, where floor-to-ceiling views transition seamlessly to turquoise waters and access to soft sand at the pocket beach just steps from your back door. Designed for effortless entertaining and pure relaxation, every space reflects true turnkey luxury. As an owner, you and your guests enjoy world-class resort amenities: an oceanfront heated pool and spa, private fishing pier, tennis/pickleball courts, lush grounds, and the ease of dedicated on-site management supporting lucrative weekly rentals. Fishing pier has on and off loading usage only. No overnight boat docking. Stroll along Key Colony Beach's manicured walking paths to local restaurants, Sunset Park, playgrounds, the Par-3 golf course, and a newly covered 10-court pickleball area. A top-tier, revenue-generating sanctuary ready to perform from day one. Quarterly fees are set to be significantly reduced before the end of the year.
Directions: US1 (Overseas Hwy) to Sadowski Causeway, right on W Ocean Dr and left before Sunset Park. Fourth from the office.

Fee Includes

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

Dockage

Dock Privileges: Yes
Other Dockage: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes
Wine Cooler: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Electric: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Floor

Carpet: Yes
Tile: Yes

Neighborhood Feature

Airstrip: Yes
Beach: Yes
Bike Paths: Yes
Community Boat Ramp: Yes
Community Pool: Yes
Manager on Premises: Yes
Spa: Yes
Tennis Courts: Yes

Interior Features

Drapes/Blinds Incl: Yes
Entrance Foyer: Yes
Sky Light(s): Yes
Smoke Alarms: Yes
Storage: Yes
Walk-in Closet(s): Yes

Specialty Rooms

Laundry Room: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Carport: Yes
Covered Parking: Yes
Guest Parking: Yes

Security

Patrolled Area: Yes

Construction

CBS: Yes
Concrete: Yes
Stucco: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes
FHA: Yes
No Seller Finance: Yes
VA: Yes

Utilities

Buyer to Verify: Yes
Cable Available: Yes
Elect Separate Meter: Yes
FKAA: Yes
Water Separate Meter: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Screened Patio: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Chickee Hut: Yes
Lanai: Yes
Outdoor Shower: Yes
Sandy Beach: Yes
Tennis Court(s): Yes

Pool Info

In Ground: Yes
Concrete: Yes
Decked: Yes

Pre-Wired

Cable: Yes

Roof

Metal Roof: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Dock Privileges; Other Dockage Building Style: Townhouse Vehicle Storage: Carport; Covered Parking; Guest Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Water Separate Meter Interior Features: Drapes/Blinds Incl; Entrance Foyer; Sky Light(s); Smoke Alarms; Storage; Walk-in Closet(s) Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Chickee Hut; Lanai; Outdoor Shower; Sandy Beach; Tennis Court(s) Pool Info: In Ground; Concrete; Decked Construction: CBS; Concrete; Stucco Floor: Carpet; Tile Roof: Metal Roof Neighborhood Feature: Airstrip; Beach; Bike Paths; Community Boat Ramp; Community Pool; Manager on Premises; Spa; Tennis Courts Security: Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; No Seller Finance; VA Title: Title Ins - Buyer

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: October - 27 - 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.

Search powered by FBS Products