601 W Ocean Drive 312D, Key Colony, FL 33051

$489,000

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

Current Price: $489,000 List Date: 7/13/2026 Last Modified: 7/16/2026

Overview

Description

Discover breathtaking views from this stunning 2-story beach condo in The Cay, your private oceanfront community on Key Colony Beach. Nestled in a beautifully manicured, lushly landscaped courtyard, this well-maintained unit offers the perfect blend of luxury and low maintenance island living. Step inside to find a spacious living area with a convenient half bath on the first floor. Upstairs, enjoy two full bathrooms, including a private master bath in the large master bedroom. The generously sized second bedroom features its own balcony and accordion hurricane shutters. Natural light floods the interior, creating an open, inviting space ideal for relaxing or entertaining guests. Outside, an amazing terrace overlooks the sparkling pool, tropical gardens, and the Atlantic ocean beyond. Dine al fresco on your private balcony while taking in the stunning grounds of The Cay. This extraordinary property provides private white sandy beach access right outside your door, plus a ... (Read more)

Listing Details MLS# 620619

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 #: 312D
City: KEY COLONY
Mile Marker: 53.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE, VE
Alternate Key #: 1084387
Handicap Access: No
Parcel #: 00078330-003100
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Yes
Legal: APARTMENT 312-D THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH
Taxes: 4836.19
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

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
Floor Number: 2
Rentals Allowed: With Restrictions
Min Rental Days: 14
Control Depth: 0
Lot SqFt: 0

Association Info

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

Building Style

Above Flood: Unknown
Stories: 2 Stories

More Information

Pool Info

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

Financial Status

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

Remarks & Misc

Remarks – Consumer: Discover breathtaking views from this stunning 2-story beach condo in The Cay, your private oceanfront community on Key Colony Beach. Nestled in a beautifully manicured, lushly landscaped courtyard, this well-maintained unit offers the perfect blend of luxury and low maintenance island living. Step inside to find a spacious living area with a convenient half bath on the first floor. Upstairs, enjoy two full bathrooms, including a private master bath in the large master bedroom. The generously sized second bedroom features its own balcony and accordion hurricane shutters. Natural light floods the interior, creating an open, inviting space ideal for relaxing or entertaining guests. Outside, an amazing terrace overlooks the sparkling pool, tropical gardens, and the Atlantic ocean beyond. Dine al fresco on your private balcony while taking in the stunning grounds of The Cay. This extraordinary property provides private white sandy beach access right outside your door, plus a refreshing pool for ultimate relaxation. With a 14-day minimum rental period, this condo has excellent investment potential in one of the Florida Keys' most desirable locations. Bonus Key Colony Beach lifestyle - Enjoy your own stretch of pristine white sandy beach and the convenience of walking to restaurants, the marina, the par 3 golf course, and Sunset Park. This is coastal living at its finest - schedule your private showing today before it's gone!
Directions: US1 to Key Colony Beach at Sadowski Causeway (Mile Marker 53). Follow the road to W Ocean Drive. Enter into the Cay entrance.

Fee Includes

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

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Pets

No Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Waterfront

Oceanfront: Yes

Waterview

Ocean View: Yes

Floor

Carpet: Yes
Tile: Yes

Neighborhood Feature

Beach: Yes
Bike Paths: Yes
Community Pool: Yes
Tennis Courts: Yes

Interior Features

Cathedral Ceilings: Yes
Storage: Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Aluminum Windows: Yes
Other Windows/Doors: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Open Parking: Yes

Security

Patrolled Area: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

2 Less Than 5 Acres: Yes

Furnished

Negotiable: Yes

Terms

Cash: Yes
Conventional: Yes
No Seller Finance: Yes

Utilities

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

Porch/Balcony

Open Porch/Balcony: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Chickee Hut: Yes
Sandy Beach: Yes

Pre-Wired

Cable: Yes

Roof

Other Roof: Yes

Shutters

Accordion: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Water Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Open Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Storage; Window Treatments Pre-Wired: Cable Appliances: Dryer; Microwave; Range; Refrigerator; Washer Exterior Features: Chickee Hut; Sandy Beach 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 Pool; Tennis Courts Security: Patrolled Area Land Size: 2 Less Than 5 Acres Terms: Cash; Conventional; No Seller Finance Title: Title Ins - Buyer

Listing Office: Florida Keys Real Estate Group

Last Updated: July - 16 - 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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