581 E Ocean Drive 32, Key Colony, FL 33051

$520,000

Large window from the living rooms and main bedrooms of the units

Dining area and Kitchen looking toward living room

Living room area looking out the large picture window

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

Overview

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.

Listing Details MLS# 602693

Location, Tax & Legal

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
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

Contract Information

Listing Board: Florida Keys
Bank Owned: No

General Property Description

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

Status Change Info

Under Contract Date: 2022-11-21
Sold Date: 2022-11-29

Association Info

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

Building Style

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

More Information

Financial Status

Auction: No
Bank Owned: No

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

Fee Includes

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

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

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

Pets

No Pets Allowed: Yes

Cooling

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

Waterfront

Oceanfront: Yes

Waterview

Open Water View: Yes

Interior Features

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

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Glass Doors: Yes
Impact Rstnce Window: Yes

Vehicle Storage

Assigned Parking: Yes

Construction

CBS: Yes

Land Size

More than 1 Lot: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

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

Porch/Balcony

No Porch/Balcony: Yes

Pool Info

In Ground: Yes
Concrete: Yes
Decked: Yes

Pre-Wired

Cable: Yes

Roof

Combo Roof: Yes
Other Roof: Yes

Accessibility Feat

Accessible Elevator Installed: Yes

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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