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For sale
    • $749,000

    1133 W Ocean Dr #2, Key Colony Beach, FL 33051

    3beds
    1,929sqft
    : 
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    Townhouse, Residential - Condo/Townhouse
    Built in 1982
    -- sqft lot
    $-- Zestimate®
    $388/sqft
    $3,825/mo HOA

    What's special

    Reduced Quarterly Dues! Own a piece of paradise perfectly situated at the southern point in Key Colony Beach. This turnkey property not only offers comfort with tropical decor, but it also provides an incredible investment opportunity. This beautiful oceanfront townhouse, features three spacious bedrooms and three bathrooms. This home is ideal for both relaxation and entertaining. Enjoy breathtaking ocean views right from your living room, or step outside to your pocket beach, where soft sand and the gentle sounds of the waves await. The community amenities elevate this property to another level and includes a sparkling, oceanfront pool, soothing hot tub, a fishing pier, and a sports court--everything you need for a resort-like lifestyle for ultimate unwinding, outdoor enthusiasts, and friendly competitions. This townhouse offers both tranquility and access to all the best island living has to offer. This townhouse is ideal for both personal enjoyment and potential rental income. With onsite property management in place, you can easily rent out the home on a weekly basis, making it a hassle-free investment that generates income when you're not using it. The island of Key Colony Beach also offers walking paths to playgrounds, restaurants, and a Par 3 golf course. Also steps away from Sunset Park to picnic or reflect outside of Key Colony Point. Don't miss out on this exceptional opportunity to own a stunning oceanfront property. Schedule a viewing today!
    498 days
    |
    142
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle VanHoose 305-289-6553,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 613852MLS LogoOriginating MLS: Marathon/Lower Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Granite Counters, Walk-In Closet(s), Storage, Entrance Foyer
      • Flooring: Tile, Carpet
      • Doors: Sliding Glass Doors, Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Impact Rstnce Window
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,929 sqft

      Property

      Parking
      • Parking features: Carport, Guest
      • Has carport: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: Open Porch/Balcony
      • Exterior features: Tennis Court(s), Sandy Beach, Outdoor Shower
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Decked, Concrete
      • Has spa: Yes
      • Spa features: Private
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: Oceanfront, Open Water, Waterfront, Sandy Beach, Dockage: None
      Lot
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00078600000300
      • Zoning: R-3
      • Zoning description: Multi Unit Res
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Townhouse
      • Property subtype: Townhouse, Residential - Condo/Townhouse
      Materials
      • CBS, Concrete
      • Roof: Metal
      Condition
      • Year built: 1982

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Public Sewer
      • Water: Water Separate Meter
      • Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected

      Community & HOA

      Community
      • Features: Community Boat Ramp, Spa, Bike Paths, Airport/Runway, Manager on Premises, Tennis Court(s)
      • Security: Smoke Detector(s), No Security
      • Subdivision: Key Colony Point (53.5)
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Maintenance Grounds, Building Insurance, Maintenance Structure, Water, Pest Control, Sewer
      • HOA fee: $11,475 quarterly
      Location
      • Region: Key Colony Beach

      Financial & listing details

      • Price per square foot: $388/sqft
      • Tax assessed value: $739,258
      • Annual tax amount: $8,126
      • Date on market: 2/24/2025
      • Listing terms: No Seller Finance,Cash,FHA,VA Loan,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/14/2025Price change$749,000-6.3%$388/sqft
        Source: Key West AOR #613852 Report a problem
        8/30/2025Price change$799,000-6%$414/sqft
        Source: FLKMLS #613852 Report a problem
        4/30/2025Price change$850,000-5.5%$441/sqft
        Source: FLKMLS #613852 Report a problem
        3/20/2025Price change$899,000-6.8%$466/sqft
        Source: Key West AOR #613852 Report a problem
        2/24/2025Listed for sale$965,000$500/sqft
        Source: Key West AOR #613852 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,460 -8.2%$739,258 -0.2%
        2024$8,126 +10.9%$740,623 +10%
        2023$7,326 +12.7%$673,294 +10%
        2022$6,500 +7.6%$612,085 +10%
        2021$6,039 +6.9%$556,441 +3.7%
        2020$5,646 $536,419 -5.9%
        2019$5,646 -5.4%$569,804
        2018$5,971 +3.9%$569,804
        2017$5,748 +4.3%$569,804 +13.6%
        2016$5,509 +6%$501,673 +3.2%
        2015$5,196 $485,935

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33051

        Getting around

        6 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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