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Sold for $715,000
    • $715,000

    501 E Ocean Dr #28, Key Colony Beach, FL 33051

    2beds
    972sqft
    Condominium
    Built in 2023
    -- sqft lot
    $718,400 Zestimate®
    $736/sqft
    $5,270 Estimated rent

    Home value

    $718,400

    $647,000 - $805,000

    $5,270/mo

    Zestimate® history
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    What's special

    Private sandy beachNew fishing pierAbundant natural lightTiki hutsNearly new oceanfront residenceOffered fully furnishedImpact-rated glass
    Rarely does a nearly new oceanfront residence with weekly rental eligibility become available in the heart of the Middle Keys. Welcome to Key Colony Beach Club, one of the area's premier waterfront communities. Built in 2023, this beautifully appointed 2-bedroom, 2-bath residence offers impact-rated glass, 9-foot ceilings, abundant natural light, and an expansive private balcony with breathtaking Atlantic Ocean views from both the living area and primary suite. Offered fully furnished and vacation rental in place, it's ready for immediate enjoyment or investment. Residents enjoy a heated oceanfront pool, private sandy beach, tiki huts, elevator access, a new fishing pier, private storage, and covered parking for two vehicles. The quarterly HOA includes building insurance, water, cable, and high-speed internet. Ideally located within walking distance to golf, pickleball, marinas, waterfront dining, and all that Key Colony Beach has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maria Acosta 305-322-1973,

    Keller Williams Capital Realty - Coral Gables

    Bought with:

    Nate Bartlett, 358818989

    Berkshire Hathaway HomeServices Keys Real Estate

    Source: FLKMLS,MLS#: 620564MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave, Ice Maker, Stainless Steel Appliance(s)
    Features
    • Quartz Countertops
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 972
    • Total interior livable area: 972 sqft

    Property

    Accessibility
    • Accessibility features: Parking
    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Lighting, Sandy Beach, Storage
    • On waterfront: Yes
    Details
    • Parcel number: 00073990002800
    • Zoning: R-3 - Multi Unit Res
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

    Community & HOA

    Community
    • Features: Manager on Premises, Beach, Bike Paths
    • Security: Security Guard
    • Subdivision: Key Colony Bch Club (53.5)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Sewer, Water, Maintenance Structure, Insurance, Common Area Mnt
    • HOA fee: $4,250 quarterly
    Location
    • Region: Key Colony Beach

    Financial & listing details

    • Price per square foot: $736/sqft
    • Tax assessed value: $694,203
    • Annual tax amount: $6,500
    • Date on market: 7/8/2026
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    9/1/2026Sold$715,000-4.5%$736/sqft
    Source: FLKMLS #620564 Report a problem
    8/14/2026Pending sale$749,000$771/sqft
    Source: MIAMI #A12049453 Report a problem
    7/8/2026Listed for sale$749,000-5.2%$771/sqft
    Source: MIAMI #A12049453 Report a problem
    10/3/2023Sold$790,000-6.9%$813/sqft
    Source: Public Record Report a problem
    8/11/2023Pending sale$849,000$873/sqft
    Source: FLKMLS #605885 Report a problem
    7/31/2023Price change$849,000-5.6%$873/sqft
    Source: FLKMLS #605885 Report a problem
    7/6/2023Listed for sale$899,000$925/sqft
    Source: FLKMLS #605885 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,045 +4.9%$694,203 +8.1%
    2024$6,716 +349.5%$642,088 +535.6%
    2023$1,494 +45.2%$101,025
    2022$1,029 -4.2%$101,025
    2021$1,075 +3.4%$101,025
    2020$1,040 $101,025
    2019$1,040 -0.1%$101,025
    2018$1,041 -25.5%$101,025 -60.3%
    2017$1,397 -49.3%$254,162
    2016$2,753 -3.6%$254,162 +61.8%
    2015$2,855 $157,081
    Find assessor info on the county website

    Neighborhood: 33051

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    Estimated market value
    $718,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $718,400

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