501 E Ocean Drive 17, Key Colony, FL 33051

$684,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,008 Status: Closed
Current Price: $684,000 List Date: 8/28/2025 Last Modified: 9/30/2025

Description

White sand oceanfront condo with breathtaking blue ocean views constructed in 2023 with weekly rentals permitted. You deserve to live the island dream in this stunning, oceanfront condo, perfectly positioned in the heart of the Middle Keys. This modern coastal retreat boasts 10-foot ceilings, impact-rated windows and doors, and an open floor plan designed to maximize natural light and sweeping ocean views. The oversized balcony will extend your living, dining or just relaxing to gaze at the beautiful ocean views and meticulous grounds. Featuring two spacious ensuite bedrooms, this home offers both comfort and privacy—ideal for full-time living, a vacation getaway, or a weekly rental investment. Enjoy resort-style amenities including pickleball, golf, tennis, marina, playgrounds, and even a police department for peace of mind. Explore the city effortlessly—designed for walking and biking across 15 charming streets with access to Sunset Park, dining, shopping, and a convenient post office. Whether you're fishing, diving, snorkeling, or simply soaking in the views, this location is a paradise for outdoor lovers. Just 5 minutes to Marathon's Executive Airport, 1 hour to Key West International Airport and 2 hours to Miami International Airport, this property offers a rare combination of convenience and tranquility...come home to Key Colony Beach, the heart of the Florida Keys!

More Information MLS# 616306

Contract Information

Current Price: $684,000 Listing Date: 2025-08-27 Listing Board: Marathon/Lower Keys Sold Price: $684,000 As is Rght to Inspct: Yes Species List: No

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

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Condo Waterfront: Yes Unit/Complex: Complex Pool: Yes Year Built: 2023 Total Units: 32 Living Apx SqFt: 1008 SqFt Source: Property Data Card Total Bedrooms: 2 Full Baths: 2 Total Baths: 2 Floor Number: 2 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Sold Date: 2025-09-30 Sold Price: $684,000 Status: Closed

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 3821 Assoc/Mnt Fee Per: Quarterly

Building Style

Above Flood: Yes

Pool Info

Heated: Yes

Pets

Pets w/Restrictions: Owners Only

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: None Property Condition: New Construction Vehicle Storage: Carport; Covered Parking; Guest Parking; Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; Community Swr Plant; FKAA Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Sandy Beach Pool Info: In Ground; Decked Construction: Concrete Floor: Tile Roof: Concrete Roof; Metal Roof Neighborhood Feature: Airstrip; Beach; Bike Paths; Manager on Premises; Tennis Courts Security: Patrolled Area Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer
Listing Office: Ocean Sotheby's International Realty
Last Updated: September - 30 - 2025
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