601 W Ocean Drive 203A, Key Colony, FL 33051 (MLS# 614584)

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

$479,000
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 ...

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
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.