601 W Ocean Drive 311D, Key Colony, FL 33051

New Listing

$529,900

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,343 Status: Active

Current Price: $529,900 List Date: 11/05/2026 Last Modified: 11/05/2026

Overview

Description

Your Florida Keys Escape Awaits at The Cay in Key Colony Beach! Discover the charm of coastal living in The Cay, a sought-after oceanfront condominium community in the heart of Key Colony Beach. This spacious 2-bedroom, 2.5-bath townhome-style residence offers an incredible opportunity to embrace the Florida Keys lifestyle, surrounded by lush tropical landscaping, resort-style amenities, and a beautiful private beach just steps away. The inviting two-story floor plan features comfortable living and dining spaces, a convenient main-level half bath, and two generously sized upstairs bedrooms with two full bathrooms. Two private balconies overlook the tropical courtyard and sparkling swimming pool, providing peaceful settings to enjoy your morning coffee, unwind with a good book, or simply soak in the island breezes. Offering the opportunity to add your own personal touches, this residence is the perfect canvas to create your ideal coastal retreat. Step outside and experience wha ... (Read more)

Listing Details MLS# 621940

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 #: 311D
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: N/A
Senior Community YN: No
Side: Ocean
Flood Zone: AE
Alternate Key #: 1084379
Parcel #: 00078330003000
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Unknown
Legal: Apartment 311 D Cay Condominium Shelter Key Key Colony Beach Or587-98 Or945-630 Or3106-2286 Or3299-2198
Taxes: 4910.2
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: No

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Unit/Complex: Complex
Pool: Yes
Year Built: 1975
Lot Sqft Source: Property Data Card
Living Apx SqFt: 1343
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Half Baths: Yes
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 14
Control Depth: 0
Lot SqFt: 0
Acres: 0

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
Stories: 2 Stories
Townhouse: Yes

More Information

Pool Info

Heated: Yes
In Ground: Yes
Concrete: Yes
Decked: Yes

Remarks & Misc

Remarks – Consumer: Your Florida Keys Escape Awaits at The Cay in Key Colony Beach! Discover the charm of coastal living in The Cay, a sought-after oceanfront condominium community in the heart of Key Colony Beach. This spacious 2-bedroom, 2.5-bath townhome-style residence offers an incredible opportunity to embrace the Florida Keys lifestyle, surrounded by lush tropical landscaping, resort-style amenities, and a beautiful private beach just steps away. The inviting two-story floor plan features comfortable living and dining spaces, a convenient main-level half bath, and two generously sized upstairs bedrooms with two full bathrooms. Two private balconies overlook the tropical courtyard and sparkling swimming pool, providing peaceful settings to enjoy your morning coffee, unwind with a good book, or simply soak in the island breezes. Offering the opportunity to add your own personal touches, this residence is the perfect canvas to create your ideal coastal retreat. Step outside and experience what makes The Cay so special! Enjoy a private white-sand beach, heated swimming pool, oceanfront clubhouse, and beautifully maintained tropical grounds. Whether you're relaxing poolside, enjoying the ocean breeze along the shoreline, or gathering with friends, every day feels like a vacation. Beyond the community, discover the best of Key Colony Beach, with waterfront restaurants, a par-3 golf course, tennis and pickleball courts, and the breathtaking sunsets of Sunset Park all nearby. With 14-day minimum rentals permitted and HOA fees that include building insurance and water, this property offers the flexibility to enjoy your own island getaway while exploring vacation rental income potential. Your opportunity to own a piece of paradise in one of the Florida Keys' most desirable beachfront communities awaits!
Directions: GPS

Fee Includes

Bldg Exterior Mnt: Yes
Building Insurance: Yes
Common Area Mnt: Yes
Security: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

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

Pets

No Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

No Waterview: Yes

Floor

Carpet: Yes
Tile: Yes

Neighborhood Feature

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

Interior Features

Drapes/Blinds Incl: Yes
Pantry: Yes
Smoke Alarms: Yes
Split Bedroom: Yes
Storage: Yes
Walk-in Closet(s): Yes
Window Treatments: Yes

Windows/Doors

Sliding Glass Doors: Yes

Vehicle Storage

Guest Parking: Yes
Assigned Parking: Yes
Off Street Parking: Yes

Security

Patrolled Area: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

2 Less Than 5 Acres: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes
VA: Yes
Other Specify: Yes

Utilities

Buyer to Verify: Yes
Elect Separate Meter: Yes
FKAA: Yes
Municipal Sewer: Yes
Water Separate Meter: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Patio: Yes

Title

Negotiable: Yes

Exterior Features

Chickee Hut: Yes
Fencing: Yes
Fruit Tree(s): Yes
Lighting: Yes
Outdoor Shower: Yes
Privacy Wall/Fence: Yes
Rain Gutters: Yes
Sandy Beach: Yes
Sprinkler System: Yes
Storage: Yes

Roof

Other Roof: Yes

Accessibility Feat

Parking: Yes

Shutters

Accordion: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt; Security Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: No Waterview Dockage: None Building Style: Townhouse Vehicle Storage: Assigned Parking; Guest Parking; Off Street Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Drapes/Blinds Incl; Pantry; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s); Window Treatments Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer Exterior Features: Chickee Hut; Fencing; Fruit Tree(s); Lighting; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Sandy Beach; Sprinkler System; Storage Accessibility Feat: Parking Pool Info: In Ground; Concrete; Decked Construction: CBS; Concrete Shutters: Accordion Floor: Carpet; Tile Roof: Other Roof Pets: No Pets Allowed Neighborhood Feature: Beach; Bike Paths; Community Boat Ramp; Manager on Premises; Tennis Courts Security: Patrolled Area Land Size: 2 Less Than 5 Acres Terms: Cash; Conventional; VA; Other Specify Title: Negotiable

Listing Office: Berkshire Hathaway HomeServices Keys Real Estate

Last Updated: November - 05 - 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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