SELLER FINANCING now offered on your dream coastal retreat, #22 Key Colony Bch Club! Nestled in picturesque Key Colony Beach, this spacious and airy 2 Bedroom/2 Bath is ready to offer you an unparalleled waterfront living experience. Be the first to call this stunning top floor residence home and embrace a lifestyle of luxury, relaxation and breathtaking ocean views. Open concept living, abundant natural light and expansive private balcony overlooking the Atlantic Ocean, landscaped courtyard and sparkling pool. Brand new construction, never lived in; built to meet all of today's building codes, including the ability to withstand a Cat 5+ hurricane. Low HOA fees of only $1,000 month includes building insurance! Weekly vacation rentals permitted. Elevator building, two dedicated/covered parking spaces and private storage. Don't miss out on this incredible opportunity to own a brand new, never been lived in, oceanfront condo in Key Colony Beach.
Sold for $800,000
$800,000
501 E Ocean Dr APT 22, Key Colony Beach, FL 33051
2beds
1,001sqft
Condominium, Residential - Condo/Townhouse
Built in 2023
-- sqft lot
$729,300 Zestimate®
$799/sqft
$4,914 Estimated rent
Home value
$729,300
$678,000 - $780,000
$4,914/mo
Zestimate® history
Owner options
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$4,914/mo
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$4,914/mo
Rent Zestimate®
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$8,770/mo
Est. payment
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$8,770/mo
Est. payment
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List your homeWhat's special
Sparkling poolOceanfront condoPicturesque key colony beachLandscaped courtyardOpen concept livingElevator buildingAbundant natural light
Zillow last checked:
Listing updated:
Listed by:
Karen D Raspe, Pa,
Berkshire Hathaway HomeServices Keys Real Estate,
Tracy Chacksfield 305-912-2177,
Berkshire Hathaway HomeServices Keys Real Estate
Bought with:
Melanie Horowitz, 3131414
Better Homes and Gardens Real Estate Destinations
Source: FLKMLS,MLS#: 605910
Originating MLS: Marathon/Lower Keys
Originating MLS: Marathon/Lower KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Quartz Countertops, Walk-In Closet(s)
- Flooring: Laminate
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
Interior area
- Total interior livable area: 1,001 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Covered, Off Street
Features
- Patio & porch: Open Porch/Balcony
- Has private pool: Yes
- Pool features: In Ground, Concrete
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanfront, Waterfront, Dockage: None
Lot
- Features: Less Than 1/4 Acre
Details
- Additional structures: Shed(s)
- Parcel number: 00073990002200
- Zoning: R-3
- Zoning description: Multi Unit Res
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential - Condo/Townhouse
Materials
- Concrete
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Public Sewer
- Utilities for property: Buyer to Verify, Cable Connected
Community & neighborhood
Security
- Security features: Fire Sprinkler System, Smoke Detector(s), No Security
Community
- Community features: Manager on Premises, Bike Paths, Airport/Runway, Beach, Fire Hydrant
Location
- Region: Key Colony Beach
- Subdivision: Key Colony Bch Club (53.5)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $4,000 quarterly
- Services included: Cable TV, Maintenance Grounds, Building Insurance, Maintenance Structure, Water, Sewer
Other
Other facts
- Listing terms: Cash,FHA,VA Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2024 | Sold | $800,000-5.8%$799/sqft |
Source:  FLKMLS #605910 Report a problem | ||
| 1/19/2024 | Contingent | $849,000$848/sqft |
Source: FLKMLS #605910 Report a problem | ||
| 9/30/2023 | Price change | $849,000-3.4%$848/sqft |
Source: FLKMLS #605910 Report a problem | ||
| 7/9/2023 | Listed for sale | $879,000$878/sqft |
Source: FLKMLS #605910 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,166 +32.8% | $661,296 +55.6% |
| 2024 | $4,644 +416.6% | $424,892 +390.2% |
| 2023 | $899 +0.8% | $86,670 |
| 2022 | $892 -4.2% | $86,670 |
| 2021 | $931 +3.3% | $86,670 |
| 2020 | $901 | $86,670 |
| 2019 | $901 -0.1% | $86,670 -56.3% |
| 2018 | $902 -60.8% | $198,414 -9% |
| 2017 | $2,301 -5.2% | $218,037 |
| 2016 | $2,426 -3.5% | $218,037 +38.8% |
| 2015 | $2,513 | $157,081 |
Find assessor info on the county website
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.9 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 4 mi
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Estimated market value
$729,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$729,300
- Florida
- Monroe County
- Key Colony Beach
- 33051
- 501 E Ocean Dr Apartment 22
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