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About This Home

This 2-bedroom, 2-bathroom condo at 501 E Ocean Drive in Key Colony, FL is listed for $799,000 ($822 per sqft). Built in 2023, the home offers 972 sqft of living space on a N/A lot.

Agent Description

Rarely does a 2023 oceanfront masterpiece become available in the heart of the Middle Keys with the highly coveted ability to offer weekly rentals. Welcome to Key Colony Beach Club, the newest premier community in the area. This turn-key 2-bedroom, 2-bathroom residence offers the ultimate in modern coastal living, featuring high-impact glass, 9-foot ceilings, and a layout designed to maximize natural light.

The spacious private balcony sits so close to the Atlantic that the ocean becomes your front yard, providing the perfect backdrop for sunrises and evening breezes. Both the primary suite and living area offer direct, unobstructed views of the turquoise waters.

Sold fully furnished and currently operating as a high-performing vacation rental, this property is ready for immediate enjoyment or income. Community amenities include a heated oceanfront pool, private sandy beach, Tiki huts, an elevator, and a new fishing pier currently under construction.

Owners also benefit from a private storage closet and covered parking for two vehicles. The quarterly HOA is inclusive of cable, Wi-Fi, water, and building insurance. Embrace the walkable Key Colony Beach lifestyle with easy access to golf, pickleball, marinas, and fine dining. This is the modern island retreat you have been waiting for.

Key Features

  • Built in 2023
  • Private pool
  • Waterfront

Property Details

2 full
#9
2023

Amenities

PoolWaterfrontViewA/C

Monthly Cost Estimate

$5,815/mo

20% down · 6.5% · 30 years

Principal$578
Interest$3,462
Insurance$233
HOA$1,542

Estimates only. Actual payments may vary.

Location

501 E Ocean Drive

Key Colony, FL 33051

Key Colony Bch Club (53.5)

Features & Amenities

Interior Features

StorageWalk-in Closet(s)Quartz Countertops

Exterior Features

LightingSandy BeachSprinkler SystemStorage

Property Details

Construction

Concrete

Views

Ocean

Pool Features

Porch

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

WasherDryerDishwasherRefrigeratorOvenMicrowaveStainless Steel Appliance(s)

Questions & Answers

This 2-bedroom, 2-bathroom condo at 501 E Ocean Drive is listed at $799,000 ($822/sqft). The estimated monthly payment is $5,004 based on 20% down at 6.5% interest.

HOA fees are $1542/month.

Key features include: Built in 2023, Private pool, Waterfront. Interior Features: Storage, Walk-in Closet(s), Quartz Countertops. Exterior Features: Lighting, Sandy Beach, Sprinkler System.

This property is listed by Aryl Robison and can be reached at 3057817506 or TRGTheKeys@gmail.com.

AR

Aryl Robison

Agent at RE/MAX All Keys Real Estate

(305) 781-7506

Listed by RE/MAX All Keys Real Estate · View on Broker Site

MLS# 616514· Source: listhub· Updated 258 days ago

Copyright © 2026 Florida Keys Board 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.

501 E Ocean Drive, Key Colony, FL 33051

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