601 W Ocean Drive 410, Key Colony, FL 33051 (MLS# 618507)

601 W Ocean Drive 410, Key Colony, FL 33051

$549,000

Virtual Tour

https://tours.keyspropertyvisuals.com/cvt/355045

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,343 Status: Active

Current Price: $549,000 List Date: 2/06/2026 Last Modified: 3/14/2026

Overview

Description

Escape to paradise in this spacious townhouse style condominium with stunning beach and ocean views, perfectly positioned at The Cay Condos in the heart of Key Colony Beach. Let the sights and sounds of the Atlantic set the tone for relaxed island living as gentle sea breezes and endless blue horizons become part of your everyday backdrop. Offering over 1,300 square feet of thoughtfully designed living space with two bedrooms, two and one half bathrooms, this residence provides ample room to entertain, unwind, and create unforgettable memories with family and friends. The open layout is ideal for gathering after a day on the water or enjoying quiet mornings with coffee overlooking the beach. The Cay is a well established, beachfront community featuring white sandy shoreline, newly refreshed pool completed last year, and on-site management. With a highly desirable 14 day minimum rental policy, this property presents excellent income potential and remains consistently rented throughout t ... (Read more)

Listing Details MLS# 618507

Location, Tax & Legal

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
Unit #: 410
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE, VE
Alternate Key #: 1084531
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Unknown
Taxes: 4683.3
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: No

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Unit/Complex: Complex
Pool: Yes
Year Built: 1975
Total Units: 50
Lot Sqft Source: Property Data Card
Living Apx SqFt: 1343
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Half Baths: Yes
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 14
Control Depth: 0
Lot SqFt: 0

Association Info

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

Building Style

Above Flood: Yes
Stories: 2 Stories
Townhouse: Yes

More Information

Pool Info

Heated: Yes
In Ground: Yes
Concrete: Yes
Decked: Yes

Financial Status

Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: Escape to paradise in this spacious townhouse style condominium with stunning beach and ocean views, perfectly positioned at The Cay Condos in the heart of Key Colony Beach. Let the sights and sounds of the Atlantic set the tone for relaxed island living as gentle sea breezes and endless blue horizons become part of your everyday backdrop. Offering over 1,300 square feet of thoughtfully designed living space with two bedrooms, two and one half bathrooms, this residence provides ample room to entertain, unwind, and create unforgettable memories with family and friends. The open layout is ideal for gathering after a day on the water or enjoying quiet mornings with coffee overlooking the beach. The Cay is a well established, beachfront community featuring white sandy shoreline, newly refreshed pool completed last year, and on-site management. With a highly desirable 14 day minimum rental policy, this property presents excellent income potential and remains consistently rented throughout the season. The association is meticulously managed and well funded, plus has completed both the Milestone Inspection and SIRS Reserve Study, offering added confidence for long term ownership. Whether you are seeking a serene retirement retreat, a lock and leave vacation getaway, or a proven investment property, this beachside residence delivers the best of coastal living. Enjoy an unbeatable location close to dining, marinas, walking and biking paths, and all the amenities that make Key Colony Beach the true gem of the Florida Keys.
Directions: Overseas Hwy Mile Marker 53.5 turn at light onto Sadowski/KCB Causeway. Left onto W. Ocean Drive. The Cay is immediately on left. Follow left drive to #410 on right closer to beach

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
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Pets

No Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Waterfront

Oceanfront: Yes

Waterview

Ocean View: Yes

Floor

Carpet: Yes
Tile: Yes

Neighborhood Feature

Airstrip: Yes
Beach: Yes
Bike Paths: Yes
Manager on Premises: Yes
Tennis Courts: Yes

Interior Features

Smoke Alarms: Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Single Hung Windows: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Guest Parking: Yes
Assigned Parking: Yes

Security

Patrolled Area: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes
Negotiable: Yes

Utilities

Buyer to Verify: Yes
Cable Available: Yes
Community Swr Plant: Yes
FKAA: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Chickee Hut: Yes
Outdoor Shower: Yes
Sandy Beach: Yes

Pre-Wired

Cable: Yes

Roof

Other Roof: Yes

Shutters

Accordion: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View Dockage: None Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Assigned Parking; Guest Parking Furnished: Furnished; Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; Community Swr Plant; FKAA Interior Features: Smoke Alarms; Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Exterior Features: Chickee Hut; Outdoor Shower; Sandy Beach Pool Info: In Ground; Concrete; Decked Construction: CBS Shutters: Accordion Floor: Carpet; Tile Roof: Other Roof Pets: No Pets Allowed Neighborhood Feature: Airstrip; Beach; Bike Paths; Manager on Premises; Tennis Courts Security: Patrolled Area Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer

Listing Office: Ocean Sotheby's International Realty

Last Updated: March - 14 - 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.