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601 W Ocean Drive 203A, Key Colony, FL 33051

$490,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,234 Status: Active
Current Price: $490,000 List Date: 4/12/2025 Last Modified: 12/11/2025

Description

Unit 203 at The Cay in Key Colony Beach will be taking a little break from the market shortly to welcome seasonal tenants. But Santa can still find you in the Florida Keys, whether you have been naughty or nice! He may even arrive by kayak! Make this beautiful condo in Key Colony Beach your home for many holidays to come! This fully furnished, 2BR/2BA, 1,234 sq. ft. turnkey condo is waiting for you to add your holiday charm! The ground-floor level condo has a 14-day rental minimum. Nestled right between Key Largo and Key West, you'll discover a lovely condo association with a gorgeous beach and inviting turquoise waters—perfect for your getaway! This charming ground-level condo features two cozy bedrooms and two bathrooms, offering a wonderful spot that's close enough to the fun of Key West and Key Largo while still being a peaceful retreat where you can relax and unwind. You'll love how easy it is to explore everything the area has to offer! Whether you're in the mood for dining at local favorites, indulging in some shopping, or setting off on exciting fishing and diving adventures, all your favorites are just a short bike ride or a stroll away. And don't forget to check out Sunset Park while you're at it! Unit 203A is in the rental pool, making it a great investment opportunity. Reservations for the season are already starting, so don't miss your chance to experience this fantastic getaway!

More Information MLS# 614584

Contract Information

Listing Board: Florida Keys Current Price: $490,000 Listing Date: 2025-04-12 List Price: $490,000

Location, Tax & Legal

Unit #: 203A City: KEY COLONY Mile Marker: 53.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,AE,AE,VE Alternate Key #: 1084221 Parcel #: 00078330-001500 Zoning: R-3 - Multi Unit Res Deed Restrictions: Unknown Legal: APT 203A THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH OR602-326 OR759-551 OR1080-1854D/C OR1452-1306/08CERT/DIST OR Taxes: 5040 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 601 Direction: W Street Name: Ocean Street Suffix: Drive Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Cay Condo (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: 50 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 14 Style: Condo Year Built: 1975 Living Apx SqFt: 1234 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Unit 203 at The Cay in Key Colony Beach will be taking a little break from the market shortly to welcome seasonal tenants. But Santa can still find you in the Florida Keys, whether you have been naughty or nice! He may even arrive by kayak! Make this beautiful condo in Key Colony Beach your home for many holidays to come! This fully furnished, 2BR/2BA, 1,234 sq. ft. turnkey condo is waiting for you to add your holiday charm! The ground-floor level condo has a 14-day rental minimum. Nestled right between Key Largo and Key West, you'll discover a lovely condo association with a gorgeous beach and inviting turquoise waters—perfect for your getaway! This charming ground-level condo features two cozy bedrooms and two bathrooms, offering a wonderful spot that's close enough to the fun of Key West and Key Largo while still being a peaceful retreat where you can relax and unwind. You'll love how easy it is to explore everything the area has to offer! Whether you're in the mood for dining at local favorites, indulging in some shopping, or setting off on exciting fishing and diving adventures, all your favorites are just a short bike ride or a stroll away. And don't forget to check out Sunset Park while you're at it! Unit 203A is in the rental pool, making it a great investment opportunity. Reservations for the season are already starting, so don't miss your chance to experience this fantastic getaway! Directions: Directions: Overseas Hwy (US1) to MM53.5 (Mile Marker 53.50) tun on Sadowski Causeway, drive to the end and The Cay Condo complex is on your right.

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 5360 Assoc/Mnt Fee Per: Quarterly

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 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

No Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1

Waterview

No Waterview: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Manager on Premises: 1

Interior Features

Drapes/Blinds Incl: 1 Granite Counter Top: 1 Smoke Alarms: 1 Window Treatments: 1

Building Style

Above Flood: Unknown Other Bldg Style: 1

Windows/Doors

Aluminum Windows: 1 Single Hung Windows: 1 Sliding Glass Doors: 1

Vehicle Storage

Guest Parking: 1 Assigned Parking: 1

Construction

CBS: 1 Concrete: 1

Land Size

More than 1 Lot: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 No Seller Finance: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Patio: 1

Exterior Features

Chickee Hut: 1 Sandy Beach: 1

Pool Info

In Ground: 1 Heated: Yes

Pre-Wired

Cable: 1

Shutters

Accordion: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront Waterview: No Waterview Dockage: None Building Style: Other Bldg Style Vehicle Storage: Assigned Parking; Guest Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Drapes/Blinds Incl; Granite Counter Top; Smoke Alarms; Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Chickee Hut; Sandy Beach Pool Info: In Ground Construction: CBS; Concrete Shutters: Accordion Pets: No Pets Allowed Neighborhood Feature: Beach; Bike Paths; Manager on Premises Land Size: More than 1 Lot Terms: Cash; Conventional; No Seller Finance
Listing Office: Rook Realty
Last Updated: December - 11 - 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.