1133 W Ocean Drive 2, Key Colony, FL 33051 (MLS# 613852)

1133 W Ocean Drive 2, Key Colony, FL 33051

$749,000

Key Colony Point Aerial view with tennis

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,929 Status: Active

Current Price: $749,000 List Date: 2/26/2026 Last Modified: 3/09/2026

Overview

Description

Reduced Quarterly Dues! Own a piece of paradise perfectly situated at the southern point in Key Colony Beach. This turnkey property not only offers comfort with tropical decor, but it also provides an incredible investment opportunity. This beautiful oceanfront townhouse, features three spacious bedrooms and three bathrooms. This home is ideal for both relaxation and entertaining. Enjoy breathtaking ocean views right from your living room, or step outside to your pocket beach, where soft sand and the gentle sounds of the waves await. The community amenities elevate this property to another level and includes a sparkling, oceanfront pool, soothing hot tub, a fishing pier, and a sports court—everything you need for a resort-like lifestyle for ultimate unwinding, outdoor enthusiasts, and friendly competitions. This townhouse offers both tranquility and access to all the best island living has to offer. This townhouse is ideal for both personal enjoyment and potential rental income. With ... (Read more)

Listing Details MLS# 613852

Location, Tax & Legal

Street #: 1133
Direction: W
Street Name: Ocean
Street Suffix: Drive
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Key Colony Point (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Unit #: 2
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Flood Zone: AE,VE,AE,VE,AE
Alternate Key #: 8637179
Parcel #: 00078600-000300
Zoning: R-3 - Multi Unit Res
Deed Restrictions: No
Legal: UNIT 2 KEY COLONY POINT A CONDOMINIUM
Taxes: 8126.42
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: Yes
Unit/Complex: Unit
Pool: Yes
Year Built: 1982
Total Units: 31
Living Apx SqFt: 1929
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 7
Control Depth: 0
Lot SqFt: 0

Association Info

Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: Yes
Assoc Approval Req: Yes
Association Fee $: 11475
Assoc/Mnt Fee Per: Quarterly

Building Style

Above Flood: Yes
Townhouse: Yes

More Information

Pool Info

Heated: Yes
In Ground: Yes
Concrete: Yes
Decked: Yes

Pets

Pets w/Restrictions: owners only under 20

Financial Status

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

Remarks & Misc

Remarks – Consumer: Reduced Quarterly Dues! Own a piece of paradise perfectly situated at the southern point in Key Colony Beach. This turnkey property not only offers comfort with tropical decor, but it also provides an incredible investment opportunity. This beautiful oceanfront townhouse, features three spacious bedrooms and three bathrooms. This home is ideal for both relaxation and entertaining. Enjoy breathtaking ocean views right from your living room, or step outside to your pocket beach, where soft sand and the gentle sounds of the waves await. The community amenities elevate this property to another level and includes a sparkling, oceanfront pool, soothing hot tub, a fishing pier, and a sports court—everything you need for a resort-like lifestyle for ultimate unwinding, outdoor enthusiasts, and friendly competitions. This townhouse offers both tranquility and access to all the best island living has to offer. This townhouse is ideal for both personal enjoyment and potential rental income. With onsite property management in place, you can easily rent out the home on a weekly basis, making it a hassle-free investment that generates income when you're not using it. The island of Key Colony Beach also offers walking paths to playgrounds, restaurants, and a Par 3 golf course. Also steps away from Sunset Park to picnic or reflect outside of Key Colony Point. Don't miss out on this exceptional opportunity to own a stunning oceanfront property. Schedule a viewing today!
Directions: US1 (Overseas Hwy) to Sadowski Causeway, right on W Ocean Dr and left before Sunset Park. Second from the office.

Fee Includes

Bldg Exterior Mnt: Yes
Building Insurance: Yes
Cable: Yes
Common Area Mnt: Yes
Exterminating: Yes
Sewer: Yes
Water: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Electric: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Floor

Carpet: Yes
Tile: Yes

Neighborhood Feature

Airstrip: Yes
Bike Paths: Yes
Community Boat Ramp: Yes
Manager on Premises: Yes
Spa: Yes
Tennis Courts: Yes

Interior Features

Drapes/Blinds Incl: Yes
Entrance Foyer: Yes
Granite Counter Top: Yes
Smoke Alarms: Yes
Storage: Yes
Walk-in Closet(s): Yes

Specialty Rooms

Laundry Room: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Carport: Yes
Guest Parking: Yes

Security

No Security: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes
FHA: Yes
No Seller Finance: Yes
VA: Yes

Utilities

Buyer to Verify: Yes
Cable Available: Yes
Elect Separate Meter: Yes
FKAA: Yes
Water Separate Meter: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Hot Tub: Yes
Outdoor Shower: Yes
Sandy Beach: Yes
Tennis Court(s): Yes

Pre-Wired

Cable: Yes

Roof

Metal Roof: Yes

Accessibility Feat

None: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: None Building Style: Townhouse Vehicle Storage: Carport; Guest Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Water Separate Meter Interior Features: Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Smoke Alarms; Storage; Walk-in Closet(s) Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Washer Exterior Features: Hot Tub; Outdoor Shower; Sandy Beach; Tennis Court(s) Accessibility Feat: None Pool Info: In Ground; Concrete; Decked Construction: CBS; Concrete Floor: Carpet; Tile Roof: Metal Roof Neighborhood Feature: Airstrip; Bike Paths; Community Boat Ramp; Manager on Premises; Spa; Tennis Courts Security: No Security Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; No Seller Finance; VA Title: Title Ins - Buyer

Documents

Rental Income ›

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: March - 09 - 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.