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
Documents
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.

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