601 W Ocean Dr Drive 203a, Key Colony Beach, FL 33051

New Listing

$499,000

Virtual Tour

https://www.propertypanorama.com/601-W-Ocean-Dr-Drive-203a-Key-Colony-Beach-FL-33051/unbranded

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

Current Price: $499,000 List Date: 5/13/2026 Last Modified: 5/13/2026

Overview

Description

Nestled right between Key Largo and Key West, you'll discover a lovely condo association with a gorgeous beach and inviting turquoise waters--perfect for your getaway! 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.

Supplements: 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 ... (Read more)

Listing Details MLS# R11078483

General Property Information

Total Units In Building: 50
Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1234
Building Area Source: Public Records
Living Area Main: 1234
Year Built: 1975
Gated Community YN: No
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: East
Pool Private YN: No
Furnished: Furnished
Lot Size Area: 0

Property Features

Association Fee Includes: Common Areas; Insurance; Maintenance Grounds Dining Area: Kitchen Dining Electric: Three Phase Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: CBS; Concrete; Stucco Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Heating: Central Interior Features: Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Lease Restrictions Roof: Concrete Sewer: Public Sewer Structure Type: Multi Family Tax Information: City/County; No Homestead Utilities: Cable Available; Sewer Available; Water Available View: Garden; Pool Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Call Listing Agent; Combination Lock Box; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Room Types: Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 599000

Location and Legal

Country: United States
County Or Parish: Monroe
County Parish Name: Monroe
Street Number: 601
Street Direction Prefix: W
Street Name: Ocean Dr
Street Suffix: Drive
Unit Number: 203a
City Name: Key Colony Beach
State Or Province: FL
Postal Code: 33051
Postal Zip: 33051
Subdivision Name: CAY CONDOMINIUM
Area: 5940 - Other Florida County
Geographic Area: Other
Elementary School: Stanley Switlik
Middle Or Junior School: Marathon
High School: Coral Shores
Special Assessment YN: No
Parcel Number: 00078330001500
Zoning: Multi Unit Res
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.

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 2008.33
Association Fee Frequency: Monthly
Association Membership: Mandatory
Association Phone: 305-289-1581
Estimated Monthly Assoc Recurring Fee: 2009
Membership Fee Required YN: No
Tax Annual Amount: 4992
Tax Year: 2025
Tax Legal Description: APT 203A THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH OR602-326 OR759-551 OR1080-1854D/C OR1452-1306/08CERT/DIST OR

Status Change Information

Major Change Timestamp: 2026-05-13T14:49:20Z
Major Change Type: Price Change
Price Change Timestamp: 2026-05-13T13:58:22Z
Status Change Date: 2026-05-13
Buyer Financing: Other

More Information

Entry Information

Entry Location: Entry Level Living Area Y

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Leasing Restrictions

Leasing - Minimum Number of Days: 14

Storm Protection

Accordian Shutters: Complete

Showing Details

Pet(s) on Premises: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 404.37

Originating Details

Originating System Key: 20250403151923112264000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Management: Yes
Manager On Site: Yes
Parking: Yes
Pool: Yes
Private Beach Pavilion: Yes
Tennis Court(s): Yes

Association Fee Includes

Common Areas: Yes
Insurance: Yes
Maintenance Grounds: Yes

Dining Area

Kitchen Dining: Yes

Electric

Three Phase: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes
Pool: Yes

Heating

Central: Yes

Water View

Ocean: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes
Concrete: Yes
Stucco: Yes

Interior Features

Walk-In Closet(s): Yes

Laundry Features

Inside: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Concrete: Yes

Water Source

Public: Yes

Waterfront Features

Ocean Front: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

Call Listing Agent: Yes
Combination Lock Box: Yes
Text Listing Agent: Yes

Master Bedroom/Bath

Combo Tub/Shower: Yes
Master Bdrm - Ground: Yes

Pets Allowed YN

No: Yes

Restrictions

Lease Restrictions: Yes

Tax Information

City/County: Yes
No Homestead: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Open: Yes

Room Information

Room Name	Length	Width	Level	Remarks
Living Room	0.00	0.00	Main	Buyer to Verify
Kitchen	0.00	0.00	Main	Buyer to Verify
Master Bedroom	0.00	0.00	Main	Buyer to Verify
Laundry

Documents

Rules & Regulations ›

Listing Office: Rook Realty LLC

Last Updated: May - 13 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

601 W Ocean Dr Drive 203a, Key Colony Beach, FL 33051 (MLS# R11078483)