# 1133 W Ocean Drive, Key Colony, FL 33051

> **TL;DR:** 3bd/3ba townhouse, $950,000 ($492/sqft), built 1982, 1,929 sqft.
> Pool, Waterfront, View. Est. $7,942/mo. Listed 119 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $950,000 |
| Price/sqft | $492 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 1,929 |
| Year Built | 1982 |
| Stories | 2 |
| Property Type | Townhouse (Townhouse) |
| Status | For Sale |
| Days on Market | 119 |

## Why This Home Stands Out

- **Pool** - Private pool
- **Waterfront** - Direct water access
- **Views** - Ocean, Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,117 |
| HOA | $3,825 |
| **Total** | **$7,942** |

## Key Amenities

- Pool
- Waterfront
- View

## Property Highlights

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

## Description

### 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 private 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.

## Location

- **Address:** 1133 W Ocean Drive, Key Colony, FL 33051
- **County:** Monroe
- **Neighborhood:** Key Colony Point (53.5)
- **Coordinates:** 24.716881, -81.024118
- **Google Maps:** https://www.google.com/maps?q=24.716881,-81.024118

## Listing Agent

- **Name:** Karen D Raspe
- **Brokerage:** Ocean Sotheby's International
- **Phone:** 3053939010
- **Email:** karenraspe@bellsouth.net

## Primary Photo

![1133 W Ocean Drive - Primary Photo](http://lh.rdcpix.com/06141a3ad88d3f25a15c69f8c399d687l-f152118359r.jpg)

*52 total photos available on [listing page](https://www.propertysimple.com/listing/1133-w-ocean-drive-key-colony-fl-33051-l618457)*

---

**MLS#:** 618457 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1133-w-ocean-drive-key-colony-fl-33051-l618457)

---

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