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501 E Ocean Drive 26, Key Colony, FL 33051

$730,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 972 Status: Active
Current Price: $730,000 List Date: 7/16/2025 Last Modified: 11/10/2025

Description

Welcome to your coastal retreat where modern luxury meets breathtaking ocean views. This beautifully appointed condominium offers the perfect blend of style, comfort, and convenience, nestled right on the shoreline. Located on the top floor, this residence features sweeping ocean vistas that can be enjoyed from both the living room and the main bedroom, thanks to oversized telescoping sliding glass doors that are impact-rated for peace of mind during storm season. Step inside to discover a thoughtfully designed interior with two spacious en suite bedrooms, providing privacy and comfort for residents and guests alike. The main bedroom features a spa-like bathroom with a walk-in shower accented by elegant river rock tile, while the second suite includes a soaking tub — perfect for relaxing after a long day at the beach. The heart of the home is a contemporary kitchen, complete with a large island ideal for entertaining, sleek stainless steel appliances, and a stylish glass tile backsplash that adds a touch of coastal flair. Ceiling fans and central AC ensure year-round comfort, while the on-demand water heater provides instant hot water whenever you need it. Durable impact windows and doors throughout offer security and energy efficiency, and the unit's proximity to the elevator adds an extra layer of everyday convenience. Whether you're enjoying a morning coffee with a sea breeze on the balcony or unwinding inside your serene living space, this home is designed to maximize your enjoyment of coastal living. HOA fees include cable, water and building insurance adding to the worry-free lifestyle this property offers. With high-end finishes, unbeatable views, and a prime location, this residence is the perfect place to enjoy the very best of oceanfront living. Call for a private tour today.

More Information MLS# 614862

Contract Information

Listing Board: Key West Association Current Price: $730,000 Listing Date: 2025-05-02 List Price: $730,000

Location, Tax & Legal

Unit #: 26 City: KEY COLONY Off Shore Island: No Mile Marker: 53.5 Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca) Side: Ocean Flood Zone: AE,AE,VE,VE,AE Alternate Key #: 8555946 Parcel #: 00073990-002600 Zoning: R-3 - Multi Unit Res Deed Restrictions: Unknown Legal: UNIT 26 KEY COLONY BEACH CLUB, A CONDO OR901-1292/93 OR2200-1422/24 OR2454-1523/29 OR3233-371RES OR3233-503DEC OR3241-0 Taxes: 4918.52 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 501 Direction: E Street Name: Ocean Street Suffix: Drive Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Key Colony Bch Club (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: Complex Pool: Yes Total Units: 0 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 7 Floor Number: 3 Style: Condo Year Built: 2023 Living Apx SqFt: 972 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Welcome to your coastal retreat where modern luxury meets breathtaking ocean views. This beautifully appointed condominium offers the perfect blend of style, comfort, and convenience, nestled right on the shoreline. Located on the top floor, this residence features sweeping ocean vistas that can be enjoyed from both the living room and the main bedroom, thanks to oversized telescoping sliding glass doors that are impact-rated for peace of mind during storm season. Step inside to discover a thoughtfully designed interior with two spacious en suite bedrooms, providing privacy and comfort for residents and guests alike. The main bedroom features a spa-like bathroom with a walk-in shower accented by elegant river rock tile, while the second suite includes a soaking tub — perfect for relaxing after a long day at the beach. The heart of the home is a contemporary kitchen, complete with a large island ideal for entertaining, sleek stainless steel appliances, and a stylish glass tile backsplash that adds a touch of coastal flair. Ceiling fans and central AC ensure year-round comfort, while the on-demand water heater provides instant hot water whenever you need it. Durable impact windows and doors throughout offer security and energy efficiency, and the unit's proximity to the elevator adds an extra layer of everyday convenience. Whether you're enjoying a morning coffee with a sea breeze on the balcony or unwinding inside your serene living space, this home is designed to maximize your enjoyment of coastal living. HOA fees include cable, water and building insurance adding to the worry-free lifestyle this property offers. With high-end finishes, unbeatable views, and a prime location, this residence is the perfect place to enjoy the very best of oceanfront living. Call for a private tour today.

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Condo Doc's: Yes Assoc Approval Req: Yes Association Fee $: 1495.91 Assoc/Mnt Fee Per: Monthly

License Info

# of City License: 0

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Sewer: 1 Water: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets w/Restrictions: 2 Pets Owner Only

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Oceanfront: 1

Waterview

Ocean View: 1

Floor

Vinyl: 1

Neighborhood Feature

Beach: 1

Interior Features

Cathedral Ceilings: 1 Elevator: 1 Quartz Countertops: 1 Smoke Alarms: 1 Storage: 1 Walk-in Closet(s): 1

Property Condition

New Construction: 1

Building Style

Above Flood: Unknown

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Covered Parking: 1 Assigned Parking: 1 Off Street Parking: 1

Construction

Concrete: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1 No Seller Finance: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Sandy Beach: 1 Sprinkler System: 1 Storage: 1

Pool Info

In Ground: 1 Concrete: 1

Pre-Wired

Cable: 1

Status Change Info

Contingent: None Status: Active

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View Dockage: None Property Condition: New Construction Vehicle Storage: Assigned Parking; Covered Parking; Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Elevator; Quartz Countertops; Smoke Alarms; Storage; Walk-in Closet(s) Pre-Wired: Cable Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Sandy Beach; Sprinkler System; Storage Pool Info: In Ground; Concrete Construction: Concrete Floor: Vinyl Neighborhood Feature: Beach Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; No Seller Finance Title: Negotiable
Listing Office: Keller Williams Key West Compass Realty
Last Updated: November - 10 - 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.