501 E Ocean Drive 22, Key Colony, FL 33051
$800,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,001
Status:
Closed
Current Price:
$800,000
List Date:
7/09/2023
Last Modified:
9/24/2025
Description
SELLER FINANCING now offered on your dream coastal retreat, #22 Key Colony Bch Club! Nestled in picturesque Key Colony Beach, this spacious and airy 2 Bedroom/2 Bath is ready to offer you an unparalleled waterfront living experience. Be the first to call this stunning top floor residence home and embrace a lifestyle of luxury, relaxation and breathtaking ocean views. Open concept living, abundant natural light and expansive private balcony overlooking the Atlantic Ocean, landscaped courtyard and sparkling pool. Brand new construction, never lived in; built to meet all of today's building codes, including the ability to withstand a Cat 5+ hurricane. Low HOA fees of only $1,000 month includes building insurance! Weekly vacation rentals permitted. Elevator building, two dedicated/covered parking spaces and private storage. Don't miss out on this incredible opportunity to own a brand new, never been lived in, oceanfront condo in Key Colony Beach.
More Information MLS# 605910
Contract Information
Current Price: $800,000
Listing Date: 2023-07-05
Listing Board: Marathon/Lower Keys
Sold Price: $800,000
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: 1001
SqFt Source: Appraisal
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Min Rental Days: 7
Status Change Info
Sold Date: 2024-01-26
Sold Price: $800,000
Status: Closed
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 4000
Assoc/Mnt Fee Per: Quarterly
Building Style
Above Flood: Yes
Stilt Column Height: Tall - 10Ft & Over
Vehicle Storage
Car(s): 2
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
Waterview: Ocean View
Dockage: None
Property Condition: New Construction
Vehicle Storage: Assigned Parking; Covered Parking; Off Street Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Elect Separate Meter
Interior Features: Fire Sprinkler; Quartz Countertops; Smoke Alarms; Walk-in Closet(s)
Pre-Wired: Cable
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Exterior Features: Shed
Pool Info: In Ground; Concrete
Construction: Concrete
Floor: Laminate
Neighborhood Feature: Airstrip; Beach; Bike Paths; Fire Hydrant; Manager on Premises
Security: No Security
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA; VA
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: September - 24 - 2025
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.
