1133 W Ocean Drive 7, Key Colony, FL 33051
$699,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,929
Status:
Active
Current Price:
$699,000
List Date:
2/04/2026
Last Modified:
2/19/2026
Overview
Description
...
(Read more)
Discover refined coastal elegance at 1133 W Ocean Drive, Unit #7, an exceptional 3-bedroom, 3-bath oceanfront townhome offering 1,929 square feet of coastal living in the highly sought-after Key Colony Point community. This property blends luxury lifestyle with strong income potential allowing 7-day rentals, making it ideal as both a vacation getaway and a savvy investor.
Floor-to-ceiling coastal views unfold from the main floor expansive private open-air balcony overlooking the Atlantic Ocean, oceanfront pool, and lush tropical landscaping.
While most people walk to Sunset Park to enjoy sunsets, this residence offers rare, front-row sunset views directly from your own waterfront balcony—an amenity few properties in Key Colony Beach can claim.
Designed for effortless island living, the spacious layout offers generous bedroom suites, inviting living spaces, and seamless indoor-outdoor flow ideal for perfect for maximizing guest satisfaction and repeat bookings. Owners and guests enjoy resort-style amenities including a large oceanfront pool, fishing pier, private beach lounging areas, grilling station, chickee hut, shuffleboard, tennis/pickleball courts, and covered garage parking.
The HOA includes building insurance, exterior maintenance, amenities, and on-site management—allowing owners to operate a low-maintenance, high-demand rental with fewer headaches. Whether used as a dedicated income-producing asset or a hybrid personal-use investment, this townhome stands out as a rare combination of flexible rental terms and income scalability.
This townhome presents a rare entry point into an exclusive oceanfront community, offering exceptional value in a premier coastal setting prime oceanfront location.
Whether as a private coastal retreat, a high-performing vacation rental, or a blend of both, this oceanfront opportunity delivers location, views, and versatility all in one exceptional property. Call today!
Listing Details MLS# 618469
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 #
- 7
- City
- KEY COLONY
- Mile Marker
- 53.5
- Marathon Neighborhood
- Marathon East - Gulf (Airport to Vaca)
- Side
- Ocean
- Alternate Key #
- 8637233
- Zoning
- R-3 - Multi Unit Res
- Deed Restrictions
- Unknown
- Taxes
- 7827.78
- Tax Year
- 2025
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Marathon/Lower Keys
General Property Description
- Realtor.COM Type
- Residential - Condo/Townhouse
- Style
- Townhouse
- Waterfront
- Yes
- Unit/Complex
- Unit
- Pool
- Yes
- Year Built
- 1982
- Living Apx SqFt
- 1929
- SqFt Source
- Tax Records
- Total Bedrooms
- 3
- Full Baths
- 3
- Total Baths
- 3
- Rentals Allowed
- Yes
- Control Depth
- 0
- Lot SqFt
- 0
Association Info
- Mandatory Home Owners Asc
- Yes
- 1st Right of Refusal
- Yes
- Association Fee $
- 3825
- Assoc/Mnt Fee Per
- Monthly
Building Style
- Above Flood
- Yes
- Townhouse
- Yes
More Information
Pool Info
- Heated
- Yes
- In Ground
- Yes
- Concrete
- Yes
Pets
- Pets w/Restrictions
- owners only under 20
Remarks & Misc
- Remarks – Consumer
- Discover refined coastal elegance at 1133 W Ocean Drive, Unit #7, an exceptional 3-bedroom, 3-bath oceanfront townhome offering 1,929 square feet of coastal living in the highly sought-after Key Colony Point community. This property blends luxury lifestyle with strong income potential allowing 7-day rentals, making it ideal as both a vacation getaway and a savvy investor. Floor-to-ceiling coastal views unfold from the main floor expansive private open-air balcony overlooking the Atlantic Ocean, oceanfront pool, and lush tropical landscaping. While most people walk to Sunset Park to enjoy sunsets, this residence offers rare, front-row sunset views directly from your own waterfront balcony—an amenity few properties in Key Colony Beach can claim. Designed for effortless island living, the spacious layout offers generous bedroom suites, inviting living spaces, and seamless indoor-outdoor flow ideal for perfect for maximizing guest satisfaction and repeat bookings. Owners and guests enjoy resort-style amenities including a large oceanfront pool, fishing pier, private beach lounging areas, grilling station, chickee hut, shuffleboard, tennis/pickleball courts, and covered garage parking. The HOA includes building insurance, exterior maintenance, amenities, and on-site management—allowing owners to operate a low-maintenance, high-demand rental with fewer headaches. Whether used as a dedicated income-producing asset or a hybrid personal-use investment, this townhome stands out as a rare combination of flexible rental terms and income scalability. This townhome presents a rare entry point into an exclusive oceanfront community, offering exceptional value in a premier coastal setting prime oceanfront location. Whether as a private coastal retreat, a high-performing vacation rental, or a blend of both, this oceanfront opportunity delivers location, views, and versatility all in one exceptional property. Call today!
- Directions
- US 1 to Sadowski CSWY -Right to W Ocean Dr
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
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
Waterfront
- Oceanfront
- Yes
- Open Water
- Yes
Waterview
- Ocean View
- Yes
- Open Water View
- Yes
Floor
- Tile
- Yes
Neighborhood Feature
- Beach
- Yes
- Bike Paths
- Yes
- Community Boat Ramp
- Yes
- Manager on Premises
- Yes
- Tennis Courts
- Yes
Interior Features
- Drapes/Blinds Incl
- Yes
- Walk-in Closet(s)
- Yes
- Window Treatments
- Yes
Specialty Rooms
- Laundry Room
- Yes
Windows/Doors
- Sliding Glass Doors
- Yes
Vehicle Storage
- Covered Parking
- Yes
Security
- Patrolled Area
- Yes
Construction
- CBS
- Yes
- Concrete
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Furnished
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Utilities
- Buyer to Verify
- Yes
- Cable Available
- Yes
- FKAA
- Yes
- Sewer Available
- Yes
Porch/Balcony
- Open Porch/Balcony
- Yes
- Patio
- Yes
- Screened Patio
- Yes
Exterior Features
- Chickee Hut
- Yes
- Hot Tub
- Yes
- Outdoor Shower
- Yes
- Sandy Beach
- Yes
- Tennis Court(s)
- Yes
Pre-Wired
- Cable
- Yes
Roof
- Metal Roof
- 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:
Covered Parking
Furnished:
Furnished
Cooling:
Ceiling Fans(s); Central Air
Utilities:
Buyer to Verify; Cable Available; FKAA; Sewer Available
Interior Features:
Drapes/Blinds Incl; Walk-in Closet(s); Window Treatments
Pre-Wired:
Cable
Specialty Rooms:
Laundry Room
Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Exterior Features:
Chickee Hut; Hot Tub; Outdoor Shower; Sandy Beach; Tennis Court(s)
Pool Info:
In Ground; Concrete
Construction:
CBS; Concrete
Floor:
Tile
Roof:
Metal Roof
Neighborhood Feature:
Beach; Bike Paths; Community Boat Ramp; Manager on Premises; Tennis Courts
Security:
Patrolled Area
Land Size:
Less Than 1/4 Acre
Terms:
Cash; Conventional
Listing Office:
Coldwell Banker Schmitt Real Estate Co.
Last Updated: February - 19 - 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.
