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601 W Ocean Drive 312D, Key Colony, FL 33051

New Listing
$489,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,343 Status: Active
Current Price: $489,000 List Date: 7/13/2026 Last Modified: 7/14/2026

Description

Discover breathtaking views from this stunning 2-story beach condo in The Cay, your private oceanfront community on Key Colony Beach. Nestled in a beautifully manicured, lushly landscaped courtyard, this well-maintained unit offers the perfect blend of luxury and low maintenance island living. Step inside to find a spacious living area with a convenient half bath on the first floor. Upstairs, enjoy two full bathrooms, including a private master bath in the large master bedroom. The generously sized second bedroom features its own balcony and accordion hurricane shutters. Natural light floods the interior, creating an open, inviting space ideal for relaxing or entertaining guests. Outside, an amazing terrace overlooks the sparkling pool, tropical gardens, and the Atlantic ocean beyond. Dine al fresco on your private balcony while taking in the stunning grounds of The Cay. This extraordinary property provides private white sandy beach access right outside your door, plus a refreshing pool for ultimate relaxation. With a 14-day minimum rental period, this condo has excellent investment potential in one of the Florida Keys' most desirable locations. Bonus Key Colony Beach lifestyle - Enjoy your own stretch of pristine white sandy beach and the convenience of walking to restaurants, the marina, the par 3 golf course, and Sunset Park. This is coastal living at its finest - schedule your private showing today before it's gone!

More Information MLS# 620619

Contract Information

Current Price: $489,000 Listing Date: 2026-07-13 Listing Board: Marathon/Lower Keys List Price: $489,000 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: 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 Lot Size: X 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 Floor Number: 2 Rentals Allowed: With Restrictions Min Rental Days: 14

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Assoc Approval Req: Yes Association Fee $: 6025 Assoc/Mnt Fee Per: Quarterly

Building Style

Above Flood: Unknown Stories: 2 Stories

Pool Info

Heated: Yes

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Water Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Open Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Storage; Window Treatments Pre-Wired: Cable Appliances: Dryer; Microwave; Range; Refrigerator; Washer Exterior Features: Chickee Hut; Sandy Beach Pool Info: In Ground; Concrete; Decked Construction: CBS; Concrete Shutters: Accordion Floor: Carpet; Tile Roof: Other Roof Pets: No Pets Allowed Neighborhood Feature: Beach; Bike Paths; Community Pool; Tennis Courts Security: Patrolled Area Land Size: 2 Less Than 5 Acres Terms: Cash; Conventional; No Seller Finance Title: Title Ins - Buyer
Listing Office: Florida Keys Real Estate Group
Last Updated: July - 14 - 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.

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