601 W Ocean Drive 203A, Key Colony, FL 33051

$479,000

Virtual Tour

https://tours.keyspropertyvisuals.com/cvtnb/355113

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Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,234 Status: Active

Current Price: $479,000 List Date: 5/13/2026 Last Modified: 7/08/2026

Overview

Description

Nestled right between Key Largo and Key West, you'll discover a lovely condo in Key Colony Beach with a gorgeous beach and inviting turquoise waters--perfect for your getaway, vacation or primary residence. 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 ... (Read more)

Listing Details MLS# 614584

Location, Tax & Legal

Street #: 601
Direction: W
Street Name: Ocean
Street Suffix: Drive
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Cay Condo (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Unit #: 203A
City: KEY COLONY
Mile Marker: 53.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE,AE,AE,VE
Alternate Key #: 1084221
Parcel #: 00078330-001500
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Unknown
Legal: APT 203A THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH OR602-326 OR759-551 OR1080-1854D/C OR1452-1306/08CERT/DIST OR
Taxes: 4992
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Unit/Complex: Unit
Pool: Yes
Year Built: 1975
Total Units: 50
Living Apx SqFt: 1234
SqFt Source: Tax Records
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Rentals Allowed: With Restrictions
Min Rental Days: 14
Control Depth: 0
Lot SqFt: 0

Status Change Info

Sold Comments: Investment Loan

Association Info

Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 6025
Assoc/Mnt Fee Per: Quarterly

Building Style

Above Flood: Unknown
Other Bldg Style: Yes

More Information

Pool Info

Heated: Yes
In Ground: Yes

Remarks & Misc

Remarks – Consumer: Nestled right between Key Largo and Key West, you'll discover a lovely condo in Key Colony Beach with a gorgeous beach and inviting turquoise waters--perfect for your getaway, vacation or primary residence. 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!
Directions: Directions: Overseas Hwy (US1) to MM53.5 (Mile Marker 53.50) tun on Sadowski Causeway, drive to the end and The Cay Condo complex is on your right.

Fee Includes

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

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Pets

No Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes

Waterfront

Oceanfront: Yes

Waterview

No Waterview: Yes

Neighborhood Feature

Beach: Yes
Bike Paths: Yes
Manager on Premises: Yes

Interior Features

Drapes/Blinds Incl: Yes
Granite Counter Top: Yes
Smoke Alarms: Yes
Window Treatments: Yes

Windows/Doors

Aluminum Windows: Yes
Single Hung Windows: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Guest Parking: Yes
Assigned Parking: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

More than 1 Lot: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes
No Seller Finance: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes

Porch/Balcony

Patio: Yes

Exterior Features

Chickee Hut: Yes
Sandy Beach: Yes

Pre-Wired

Cable: Yes

Shutters

Accordion: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront Waterview: No Waterview Dockage: None Building Style: Other Bldg Style Vehicle Storage: Assigned Parking; Guest Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Drapes/Blinds Incl; Granite Counter Top; Smoke Alarms; Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Chickee Hut; Sandy Beach Pool Info: In Ground Construction: CBS; Concrete Shutters: Accordion Pets: No Pets Allowed Neighborhood Feature: Beach; Bike Paths; Manager on Premises Land Size: More than 1 Lot Terms: Cash; Conventional; No Seller Finance

Documents

Rules & Regulations ›

Listing Office: Rook Realty

Last Updated: July - 08 - 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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