501 E Ocean Drive 26, Key Colony, FL 33051

$687,500
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 972 Status: Closed
Current Price: $687,500 List Date: 7/16/2025 Last Modified: 2/13/2026

Description

Welcome to your coastal retreat where modern luxury meets breathtaking ocean views. This beautifully appointed condominium offers the perfect blend of style, comfort, and convenience, nestled right on the shoreline. Located on the top floor, this residence features sweeping ocean vistas that can be enjoyed from both the living room and the main bedroom, thanks to oversized telescoping sliding glass doors that are impact-rated for peace of mind during storm season. Step inside to discover a thoughtfully designed interior with two spacious en suite bedrooms, providing privacy and comfort for residents and guests alike. The main bedroom features a spa-like bathroom with a walk-in shower accented by elegant river rock tile, while the second suite includes a soaking tub — perfect for relaxing after a long day at the beach. The heart of the home is a contemporary kitchen, complete with a large island ideal for entertaining, sleek stainless steel appliances, and a stylish glass tile backsplash that adds a touch of coastal flair. Ceiling fans and central AC ensure year-round comfort, while the on-demand water heater provides instant hot water whenever you need it. Durable impact windows and doors throughout offer security and energy efficiency, and the unit's proximity to the elevator adds an extra layer of everyday convenience. Whether you're enjoying a morning coffee with a sea breeze on the balcony or unwinding inside your serene living space, this home is designed to maximize your enjoyment of coastal living. HOA fees include cable, water and building insurance adding to the worry-free lifestyle this property offers. With high-end finishes, unbeatable views, and a prime location, this residence is the perfect place to enjoy the very best of oceanfront living. Call for a private tour today.

More Information MLS# 614862

Contract Information

Current Price: $687,500 Listing Date: 2025-05-02 Listing Board: Key West Association Sold Price: $687,500

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 Living Apx SqFt: 972 SqFt Source: Tax Records Total Bedrooms: 2 Full Baths: 2 Total Baths: 2 Floor Number: 3 Rentals Allowed: With Restrictions Min Rental Days: 7

Status Change Info

Sold Date: 2026-02-13 Sold Price: $687,500 Status: Closed

Association Info

Mandatory Home Owners Asc: Yes Condo Doc's: Yes 1st Right of Refusal: No Assoc Approval Req: Yes Association Fee $: 1495.91 Assoc/Mnt Fee Per: Monthly

Building Style

Above Flood: Unknown

Pets

Pets w/Restrictions: 2 Pets Owner 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; FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Elevator; Quartz Countertops; Smoke Alarms; Storage; Walk-in Closet(s) Pre-Wired: Cable Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Sandy Beach; Sprinkler System; Storage Pool Info: In Ground; Concrete Construction: Concrete Floor: Vinyl Neighborhood Feature: Beach Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; No Seller Finance Title: Negotiable
Listing Office: Keller Williams Key West Compass Realty
Last Updated: February - 13 - 2026
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