501 E Ocean Drive 28, Key Colony, FL 33051
$749,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
972
Status:
Active
Current Price:
$749,000
List Date:
7/08/2026
Last Modified:
7/08/2026
Overview
Description
Listing Details MLS# 620564
Location, Tax & Legal
- Street #
- 501
- Direction
- E
- Street Name
- Ocean
- Street Suffix
- Drive
- Key/Island
- Key Colony
- State/Province
- FL
- Zip Code
- 33051
- County
- Monroe
- Subdivision
- Key Colony Bch Club (53.5)
- Area
- 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
- Unit #
- 28
- City
- KEY COLONY
- Off Shore Island
- No
- Mile Marker
- 53.5
- Marathon Neighborhood
- Marathon East - Gulf (Airport to Vaca)
- Senior Community YN
- No
- Side
- Ocean
- Flood Zone
- AE,AE,VE,VE,AE
- Alternate Key #
- 8555962
- Parcel #
- 00073990002800
- Zoning
- R-3 - Multi Unit Res
- Deed Restrictions
- Unknown
- Legal
- Unit 28 Key Colony Beach Club A Condo Or444-563 Or901-1292 Or2135-1610 Or2676-1422 Or2750-1635 Or3233-371 Or3233-503 Or3
- Taxes
- 6500
- Tax Year
- 2025
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Florida 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
- No
- Year Built
- 2023
- Living Apx SqFt
- 972
- SqFt Source
- Property Data Card
- Total Bedrooms
- 2
- Full Baths
- 2
- Total Baths
- 2
- Rentals Allowed
- Yes
- Control Depth
- 0
- Lot SqFt
- 0
- Acres
- 0
Association Info
- Mandatory Home Owners Asc
- Yes
- Condo Doc's
- Yes
- 1st Right of Refusal
- No
- Assoc Approval Req
- Yes
- Association Fee $
- 4250
- Assoc/Mnt Fee Per
- Quarterly
Building Style
- Above Flood
- Yes
More Information
Pets
- Pets w/Restrictions
- Owners Only - 2 pet
Financial Status
- Standard Sale
- Yes
Remarks & Misc
- Remarks – Consumer
- Rarely does a nearly new oceanfront residence with weekly rental eligibility become available in the heart of the Middle Keys. Welcome to Key Colony Beach Club, one of the area's premier waterfront communities. Built in 2023, this beautifully appointed 2-bedroom, 2-bath residence offers impact-rated glass, 9-foot ceilings, abundant natural light, and an expansive private balcony with breathtaking Atlantic Ocean views from both the living area and primary suite. Offered fully furnished and vacation rental in place, it's ready for immediate enjoyment or investment. Residents enjoy a heated oceanfront pool, private sandy beach, tiki huts, elevator access, a new fishing pier, private storage, and covered parking for two vehicles. The quarterly HOA includes building insurance, water, cable, and high-speed internet. Ideally located within walking distance to golf, pickleball, marinas, waterfront dining, and all that Key Colony Beach has to offer.
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
- Ice Machine
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Stainless Steel Appliance(s)
- Yes
- Washer
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Waterfront
- Oceanfront
- Yes
Waterview
- Ocean View
- Yes
Floor
- Tile
- Yes
Neighborhood Feature
- Airstrip
- Yes
- Beach
- Yes
- Bike Paths
- Yes
- Manager on Premises
- Yes
- Tennis Courts
- Yes
Interior Features
- Quartz Countertops
- Yes
Property Condition
- New Construction
- Yes
Windows/Doors
- Impact Rstnce Doors
- Yes
- Impact Rstnce Window
- Yes
- Sliding Glass Doors
- Yes
Vehicle Storage
- Carport
- Yes
- Covered Parking
- Yes
- Guest Parking
- Yes
- Off Street Parking
- Yes
Security
- Patrolled Area
- Yes
Construction
- CBS
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Furnished
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA
- Yes
Utilities
- Buyer to Verify
- Yes
- Cable Available
- Yes
- Elect Separate Meter
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
- Water Separate Meter
- Yes
Porch/Balcony
- Open Porch/Balcony
- Yes
Exterior Features
- Lighting
- Yes
- Sandy Beach
- Yes
- Sprinkler System
- Yes
- Storage
- Yes
Pre-Wired
- Cable
- Yes
Roof
- Concrete Roof
- Yes
Accessibility Feat
- Parking
- Yes
GF-Interior Features
- Tankless Hot Wtr Htr
- Yes
Property Features
Fee Includes:
Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water
Tax Exemptions:
None
Waterfront:
Oceanfront
Waterview:
Ocean View
Dockage:
None
Property Condition:
New Construction
Vehicle Storage:
Carport; Covered Parking; Guest Parking; Off Street Parking
Furnished:
Furnished
Cooling:
Ceiling Fans(s); Central Air
Heating:
Central
Utilities:
Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features:
Quartz Countertops
Pre-Wired:
Cable
Appliances:
Dishwasher; Dryer; Ice Machine; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features:
Lighting; Sandy Beach; Sprinkler System; Storage
Accessibility Feat:
Parking
Construction:
CBS
Floor:
Tile
Roof:
Concrete Roof
Neighborhood Feature:
Airstrip; Beach; Bike Paths; Manager on Premises; Tennis Courts
Security:
Patrolled Area
Land Size:
Less Than 1/4 Acre
Terms:
Cash; Conventional; FHA; VA
GF-Interior Features:
Tankless Hot Wtr Htr
Documents
Declaration - Key Colony Beach Club, Inc ›
Listing Office:
Keller Williams Capital Realty - Coral Gables
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.