1133 W Ocean Drive 2, Key Colony, FL 33051
$749,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,929
Status:
Active
Current Price:
$749,000
List Date:
2/24/2025
Last Modified:
12/09/2025
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 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!
More Information MLS# 613852
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Current Price: $749,000
Listing Date: 2025-02-24
List Price: $749,000
Location, Tax & Legal
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
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
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Waterfront: Yes
Control Depth: 0
Lot SqFt: 0
Unit/Complex: Unit
Pool: Yes
Total Units: 31
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 7
Style: Townhouse
Year Built: 1982
Living Apx SqFt: 1929
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
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.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Condo Doc's: Yes
Assoc Approval Req: Yes
Association Fee $: 11475
Assoc/Mnt Fee Per: Quarterly
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Cable: 1
Common Area Mnt: 1
Exterminating: 1
Sewer: 1
Water: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
Pets w/Restrictions: owners only under 20
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
Electric: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Ocean View: 1
Open Water View: 1
Floor
Carpet: 1
Tile: 1
Neighborhood Feature
Airstrip: 1
Bike Paths: 1
Community Boat Ramp: 1
Manager on Premises: 1
Spa: 1
Tennis Courts: 1
Interior Features
Drapes/Blinds Incl: 1
Entrance Foyer: 1
Granite Counter Top: 1
Smoke Alarms: 1
Storage: 1
Walk-in Closet(s): 1
Specialty Rooms
Laundry Room: 1
Building Style
Above Flood: Yes
Townhouse: 1
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Sliding Glass Doors: 1
Vehicle Storage
Carport: 1
Guest Parking: 1
Security
No Security: 1
Construction
CBS: 1
Concrete: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
No Seller Finance: 1
VA: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Title Ins - Buyer: 1
Exterior Features
Hot Tub: 1
Outdoor Shower: 1
Sandy Beach: 1
Tennis Court(s): 1
Pool Info
In Ground: 1
Heated: Yes
Concrete: 1
Decked: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Accessibility Feat
None: 1
Status Change Info
Status: Active
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
Listing Office:
Coldwell Banker Schmitt Real Estate Co.
Last Updated: December - 09 - 2025
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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