581 E Ocean Drive 32, Key Colony, FL 33051

$520,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,197 Lot Size (sq. ft.): 69,750 Status: Closed

Current Price: $520,000 List Date: 10/06/2022 Last Modified: 4/24/2026

Description

This 2 bedroom, 2 bath coop unit has views of the ocean from the living room and main bedroom. There is a large pool, and shuffleboard courts. A fishing pier that has a cleaning station for the fish you catch. An elevator in the building. Grounds are well maintained. Close enough to bike to the park, restaurants, post office, City Hall, and Golf Course. There are Pickle Ball and Tennis Courts, as well as a playground for children. Weekly rentals allowed, Manager on site.

More Information MLS# 602693

Contract Information

Listing Board: Florida Keys Bank Owned: No Current Price: $520,000 Listing Date: 2022-10-05 Sold Price: $520,000

Location, Tax & Legal

Unit #: 32 City: KEY COLONY Off Shore Island: No Mile Marker: 53.5 Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca) Side: Ocean Alternate Key #: 1079359 Zoning: R-3 - Multi Unit Res Deed Restrictions: Yes Legal: Apartment 32 Sunset Beach Apartments Taxes: 3030.48 Tax Year: 2021 Pub Sewer HkUp: Yes Street #: 581 Direction: E Street Name: Ocean Street Suffix: Drive Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Key Colony Beach (53.5) Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: Yes Control Depth: 1 Lot SqFt: 69750 Unit/Complex: Complex Pool: Yes SqFt Source: Tax Records Rentals Allowed: With Restrictions Floor Number: 2 Style: Condo Year Built: 1958 Living Apx SqFt: 1197 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: This 2 bedroom, 2 bath coop unit has views of the ocean from the living room and main bedroom. There is a large pool, and shuffleboard courts. A fishing pier that has a cleaning station for the fish you catch. An elevator in the building. Grounds are well maintained. Close enough to bike to the park, restaurants, post office, City Hall, and Golf Course. There are Pickle Ball and Tennis Courts, as well as a playground for children. Weekly rentals allowed, Manager on site. Directions: Take Sadowski Causeway straight to the curve. The complex is on the right before you turn. Sunset Beach Apartments

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: Yes Condo Doc's: Yes Assoc Approval Req: Yes Association Fee $: 3039 Assoc/Mnt Fee Per: Quarterly

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Common Area Mnt: 1 Sewer: 1 Water: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

No Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Heat: 1 Wall/Window Unit(s): 1

Waterfront

Oceanfront: 1

Waterview

Open Water View: 1

Interior Features

Built-in Cabinets: 1 Drapes/Blinds Incl: 1 Granite Counter Top: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Unknown Stories: 2 Stories Other Bldg Style: 1

Windows/Doors

Glass Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Assigned Parking: 1

Construction

CBS: 1

Land Size

More than 1 Lot: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Other - See Remarks: 1

Porch/Balcony

No Porch/Balcony: 1

Pool Info

In Ground: 1 Concrete: 1 Decked: 1

Pre-Wired

Cable: 1

Roof

Combo Roof: 1 Other Roof: 1

Financial Status

Auction: No Bank Owned: No

Accessibility Feat

Accessible Elevator Installed: 1

Status Change Info

Sold Date: 2022-11-29 Sold Price: $520,000 Status: Closed

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront Waterview: Open Water View Dockage: None Property Condition: Updated/Remodeled Building Style: Other Bldg Style Vehicle Storage: Assigned Parking Furnished: Furnished Cooling: Ceiling Fans(s); Heat; Wall/Window Unit(s) Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Other - See Remarks Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Granite Counter Top Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Accessibility Feat: Accessible Elevator Installed Pool Info: In Ground; Concrete; Decked Construction: CBS Roof: Combo Roof; Other Roof Pets: No Pets Allowed Land Size: More than 1 Lot Terms: Cash; Conventional

Documents

ADMINISTRATIVE REFERENCE MANUAL ›

Budget ›

Assessment Schedule ›

Articles of Incorporation ›

Bylaws Update ›

Listing Office: Engel & Völkers Islamorada

Last Updated: April - 24 - 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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