601 W Ocean Drive 407C, Key Colony, FL 33051
$625,000
Property Type:
Residential
Bedrooms:
2
Baths:
3
Square Footage:
1,475
Status:
Active
Current Price:
$625,000
List Date:
11/20/2025
Last Modified:
12/17/2025
Description
Spacious and thoughtfully updated, this two-story condo offers the largest floorplan in the community, its wider layout creating a natural sense of ease from the moment you step inside. The interiors pair clean, modern finishes with a light, coastal palette—an elevated take on beachside living that feels sophisticated yet relaxed. The result is a cohesive, move-in-ready atmosphere that immediately feels like home. The main level opens to an expanded terrace, where courtyard and pool views set a calm backdrop for everyday living. The flow between the living, dining, and kitchen areas feels welcoming—equally suited for quiet mornings or relaxed evenings with friends. Upstairs, both bedrooms offer their own retreat-like feel. Wake to courtyard views in the primary suite or step onto the guest bedroom's private terrace for a peaceful start to the day. With each bedroom featuring its own bath, the upper level provides comfort, privacy, and room to unwind. Set within an oceanfront community with a white sand beach, oceanside deck, and community room—and centrally located in Key Colony Beach with its walkable streets and relaxed island energy—this condo invites you to experience an effortless Keys lifestyle in a beautifully maintained setting.
Open Houses
Sunday, December 21, 11:00 am - 1:00 pm
More Information MLS# 617388
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Current Price: $625,000
Listing Date: 2025-11-20
List Price: $625,000
Location, Tax & Legal
Unit #: 407C
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
Alternate Key #: 1084506
Parcel #: 00078330-004300
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Unknown
Legal: APARTMENT 407C THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH OR534-114 OR663-632/33 OR768-1411 OR1354-809 OR2074-1289
Taxes: 4836.61
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: Complex
Pool: Yes
Total Units: 50
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 14
Floor Number: 2
Style: Condo
Year Built: 1975
Living Apx SqFt: 1475
Total Bedrooms: 2
Full Baths: 2
Half Baths: 1
Total Baths: 3
Remarks & Misc
Remarks – Consumer: Spacious and thoughtfully updated, this two-story condo offers the largest floorplan in the community, its wider layout creating a natural sense of ease from the moment you step inside. The interiors pair clean, modern finishes with a light, coastal palette—an elevated take on beachside living that feels sophisticated yet relaxed. The result is a cohesive, move-in-ready atmosphere that immediately feels like home. The main level opens to an expanded terrace, where courtyard and pool views set a calm backdrop for everyday living. The flow between the living, dining, and kitchen areas feels welcoming—equally suited for quiet mornings or relaxed evenings with friends. Upstairs, both bedrooms offer their own retreat-like feel. Wake to courtyard views in the primary suite or step onto the guest bedroom's private terrace for a peaceful start to the day. With each bedroom featuring its own bath, the upper level provides comfort, privacy, and room to unwind. Set within an oceanfront community with a white sand beach, oceanside deck, and community room—and centrally located in Key Colony Beach with its walkable streets and relaxed island energy—this condo invites you to experience an effortless Keys lifestyle in a beautifully maintained setting.
Directions: Overseas Hwy/MM 53.5, turn at Sadowski Causeway; to W. Ocean Dr, turn right; The Cay will be immediately on left. Unit located on left/east side of complex.
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
Wine Cooler: 1
Pets
No Pets Allowed: 1
Cooling
Central Air: 1
Waterfront
Oceanfront: 1
Waterview
No Waterview: 1
Floor
Carpet: 1
Tile: 1
Neighborhood Feature
Airstrip: 1
Beach: 1
Bike Paths: 1
Clubhouse: 1
Manager on Premises: 1
Tennis Courts: 1
Interior Features
Entrance Foyer: 1
Granite Counter Top: 1
Window Treatments: 1
Property Condition
Updated/Remodeled: 1
Building Style
Above Flood: Unknown
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Guest Parking: 1
Assigned Parking: 1
Off Street Parking: 1
Security
Patrolled Area: 1
Construction
CBS: 1
Land Size
2 Less Than 5 Acres: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Utilities
Buyer to Verify: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Negotiable: 1
Exterior Features
Chickee Hut: 1
Sandy Beach: 1
Pool Info
In Ground: 1
Financial Status
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; Sewer; Water
Tax Exemptions: None
Waterfront: Oceanfront
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Vehicle Storage: Assigned Parking; Guest Parking; Off Street Parking
Furnished: Furnished
Cooling: Central Air
Utilities: Buyer to Verify
Interior Features: Entrance Foyer; Granite Counter Top; Window Treatments
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features: Chickee Hut; Sandy Beach
Accessibility Feat: None
Pool Info: In Ground
Construction: CBS
Floor: Carpet; Tile
Pets: No Pets Allowed
Neighborhood Feature: Airstrip; Beach; Bike Paths; Clubhouse; Manager on Premises; Tennis Courts
Security: Patrolled Area
Land Size: 2 Less Than 5 Acres
Terms: Cash; Conventional; FHA; VA
Title: Negotiable
Listing Office:
Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: December - 17 - 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.
