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About This Home

This 3-bedroom, 3-bathroom townhouse at 1133 W Ocean Drive in Key Colony, FL is listed for $950,000 ($492 per sqft). Built in 1982, the home offers 1,929 sqft of living space on a N/A lot.

Agent Description

Experience Key Colony Point with sweeping ocean views and unforgettable sunsets from both levels of this beautifully updated end-unit oceanfront residence in Key Colony Beach- a true gem of the Florida Keys. With a coveted corner location, this residence is wrapped in extra windows and natural light, creating a bright, airy coastal atmosphere you'll feel the moment you walk in.

The spacious primary suite is a private retreat, featuring an extended sitting area on the enclosed balcony with mesmerizing blue-water and sunset views, a custom-designed bath, and generous walk-in closet. Two large guest bedrooms provide comfort and privacy for family and friends, making hosting effortless.

At the heart of the home, the gourmet kitchen offers abundant cabinetry and stunning granite countertops, flowing seamlessly into the sun-filled living and dining areas. A wet bar and panoramic ocean backdrop set the stage for easy entertaining, sunset cocktails, or quiet mornings with the sound of the waves.

Whether you're seeking a full-time island residence, a seasonal escape, or a strong vacation rental investment, this delivers. The impeccably maintained community of just 31 condos and townhomes offers resort-style amenities, including a large oceanfront pool with expansive sun decks, a fishing pier with postcard-worthy sunsets, grilling and privat

e lounging areas, covered garage parking, bike and kayak storage, guest parking, shuffleboard, and tennis/pickleball courts. Perfectly located near marinas, dining, shopping, and local attractions, this light-filled end unit offers the best of oceanfront living-privacy, views, and the effortless Florida Keys lifestyle you've been waiting for. It is a licensed 7 day rental with rental history.

Key Features

  • Built in 1982
  • 2 stories
  • Private pool
  • Waterfront

Property Details

2 stories
3 full
#10
1982

Amenities

PoolWaterfrontView

Monthly Cost Estimate

$8,906/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277
HOA$3,825

Estimates only. Actual payments may vary.

Location

1133 W Ocean Drive

Key Colony, FL 33051

Key Colony Point (53.5)

Property Details

Construction

CBS

Views

OceanWater

Appliances

WasherDryerDishwasherRefrigeratorRangeMicrowave

Questions & Answers

This 3-bedroom, 3-bathroom townhouse at 1133 W Ocean Drive is listed at $950,000 ($492/sqft). The estimated monthly payment is $7,942 based on 20% down at 6.5% interest.

HOA fees are $3825/month.

Key features include: Built in 1982, 2 stories, Private pool, Waterfront.

This property is listed by Karen D Raspe and can be reached at 3053939010 or karenraspe@bellsouth.net.

KR

Karen D Raspe

Agent at Ocean Sotheby's International

(305) 393-9010

Listed by Ocean Sotheby's International · View on Broker Site

MLS# 618457· Source: listhub· Updated 119 days ago

Copyright © 2026 Marathon and Lower Keys Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1133 W Ocean Drive, Key Colony, FL 33051

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