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201 E Ocean Drive 1-311, Key Colony, FL 33051
$485,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
994
Status:
Closed
Current Price:
$485,000
List Date:
9/11/2025
Last Modified:
2/27/2026
Description
Welcome to your slice of paradise in Key Colony Beach. This beautifully updated 3rd floor condo offers breathtaking, unobstructed views of the Atlantic Ocean from your private balcony, all while being ideally located in a quiet, private corner of the complex for the perfect blend of serenity and scenery. Inside, you'll find tile flooring throughout, an updated kitchen with granite counters, and modern tile bathrooms. A private washer and dryer and convenient elevator access provide everyday comfort. The entire complex has been recently and completely renovated, showcasing a beautiful array of resort style amenities. Enjoy direct access to a private sandy beach, relax by the oceanfront pool, or play a friendly game on the tennis and pickleball courts. A fishing pier adds to the coastal lifestyle, while the landscaped courtyards create a peaceful, community atmosphere. With on site management and bi weekly rentals allowed, this condo offers an excellent investment opportunity, and the owner already has rentals in place to help generate immediate income. Whether you are seeking a personal retreat or a strong investment property, this move in ready condo delivers the ultimate Florida Keys lifestyle. GREAT NEW PRICE! Don't miss out on this amazing opportunity!
More Information MLS# 616448
Contract Information
Current Price: $485,000
Listing Date: 2025-09-08
Listing Board: Key West Association
Sold Price: $485,000
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
Street #: 201
Direction: E
Street Name: Ocean
Street Suffix: Drive
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Casa Clara (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Control Depth: 1
Unit/Complex: Complex
Pool: Yes
Year Built: 1975
Lot Sqft Source: Property Data Card
Living Apx SqFt: 994
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Floor Number: 3
Rentals Allowed: Yes
Min Rental Days: 14
Status Change Info
Sold Date: 2026-02-26
Sold Price: $485,000
Status: Closed
Association Info
Mandatory Home Owners Asc: Yes
Voluntary Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 2983.14
Assoc/Mnt Fee Per: Quarterly
Dockage
Dock: Composite
Building Style
Above Flood: Yes
Stories: 3 Stories
Pool Info
Heated: Yes
Pets
Pets w/Restrictions: request info
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Sewer; Water
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Utilities: Cable Available; FKAA; Municipal Sewer
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Pool Info: In Ground; Decked
Construction: CBS
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; Seller Finance Psble
Listing Office: Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key
Last Updated: February - 27 - 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.
