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601 W Ocean Drive 410, Key Colony, FL 33051
$549,000
Property Type:
Residential
Bedrooms:
2
Baths:
3
Square Footage:
1,343
Status:
Active
Current Price:
$549,000
List Date:
2/06/2026
Last Modified:
2/06/2026
Description
Escape to paradise in this spacious townhouse style condominium with stunning beach and ocean views, perfectly positioned at The Cay Condos in the heart of Key Colony Beach. Let the sights and sounds of the Atlantic set the tone for relaxed island living as gentle sea breezes and endless blue horizons become part of your everyday backdrop. Offering over 1,300 square feet of thoughtfully designed living space with two bedrooms, two and one half bathrooms, this residence provides ample room to entertain, unwind, and create unforgettable memories with family and friends. The open layout is ideal for gathering after a day on the water or enjoying quiet mornings with coffee overlooking the beach. The Cay is a well established, beachfront community featuring white sandy shoreline, newly refreshed pool completed last year, and on-site management. With a highly desirable 14 day minimum rental policy, this property presents excellent income potential and remains consistently rented throughout the season. The association is meticulously managed and well funded, plus has completed both the Milestone Inspection and SIRS Reserve Study, offering added confidence for long term ownership. Whether you are seeking a serene retirement retreat, a lock and leave vacation getaway, or a proven investment property, this beachside residence delivers the best of coastal living. Enjoy an unbeatable location close to dining, marinas, walking and biking paths, and all the amenities that make Key Colony Beach the true gem of the Florida Keys.
More Information MLS# 618507
Contract Information
Current Price: $549,000
Listing Date: 2026-02-06
Listing Board: Marathon/Lower Keys
List Price: $549,000
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
Street #: 601
Direction: W
Street Name: Ocean
Street Suffix: Drive
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Cay Condo (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: 1975
Total Units: 50
Lot Sqft Source: Property Data Card
Living Apx SqFt: 1343
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Half Baths: 1
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 14
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 5360
Assoc/Mnt Fee Per: Quarterly
Building Style
Above Flood: Yes
Stories: 2 Stories
Pool Info
Heated: Yes
Financial Status
Standard Sale: Yes
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Sewer; Water
Tax Exemptions: None
Waterfront: Oceanfront
Waterview: Ocean View
Dockage: None
Property Condition: Updated/Remodeled
Building Style: Townhouse
Vehicle Storage: Assigned Parking; Guest Parking
Furnished: Furnished; Negotiable
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Cable Available; Community Swr Plant; FKAA
Interior Features: Smoke Alarms; Window Treatments
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Chickee Hut; Outdoor Shower; Sandy Beach
Pool Info: In Ground; Concrete; Decked
Construction: CBS
Shutters: Accordion
Floor: Carpet; Tile
Roof: Other Roof
Pets: No Pets Allowed
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: February - 06 - 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.
