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New construction
    • $799,000

    501 E Ocean Dr APT 9, Key Colony Beach, FL 33051

    2beds
    972sqft
    : 
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    Condominium, Residential - Condo/Townhouse
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $822/sqft
    $1,542/mo HOA

    What's special

    Private sandy beachTiki hutsSpacious private balconyHigh-impact glassHeated oceanfront pool
    Rarely does a 2023 oceanfront masterpiece become available in the heart of the Middle Keys with the highly coveted ability to offer weekly rentals. Welcome to Key Colony Beach Club, the newest premier community in the area. This turn-key 2-bedroom, 2-bathroom residence offers the ultimate in modern coastal living, featuring high-impact glass, 9-foot ceilings, and a layout designed to maximize natural light. The spacious private balcony sits so close to the Atlantic that the ocean becomes your front yard, providing the perfect backdrop for sunrises and evening breezes. Both the primary suite and living area offer direct, unobstructed views of the turquoise waters. Sold fully furnished and currently operating as a high-performing vacation rental, this property is ready for immediate enjoyment or income. Community amenities include a heated oceanfront pool, private sandy beach, Tiki huts, an elevator, and a new fishing pier currently under construction. Owners also benefit from a private storage closet and covered parking for two vehicles. The quarterly HOA is inclusive of cable, Wi-Fi, water, and building insurance. Embrace the walkable Key Colony Beach lifestyle with easy access to golf, pickleball, marinas, and fine dining. This is the modern island retreat you have been waiting for.
    297 days
    |
    232
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Aryl Robison 305-781-7506,

    RE/MAX All Keys Real Estate

    Source: FLKMLS,MLS#: 616514MLS LogoOriginating MLS: Florida Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer, Tankless Water Heater
      Features
      • Quartz Countertops, Walk-In Closet(s), Storage, Split Bedroom
      • Doors: Sliding Glass Doors, Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Impact Rstnce Window
      • Furnished: Yes
      Interior area
      • Total interior livable area: 972 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Covered, Off Street, Assigned
      • Has carport: Yes
      Features
      • Patio & porch: Open Porch/Balcony
      • Exterior features: Lighting, Storage, Sprinkler System, Sandy Beach
      • 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, Sandy Beach, Dockage: None
      Lot
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00073990000900
      • Zoning: R-3
      • Zoning description: Multi Unit Res

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Residential - Condo/Townhouse
      Materials
      • Concrete
      • Roof: Concrete
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2023

      Utilities & green energy

      • Sewer: Municipal Sewer, Community Swr Plant, Public Sewer
      • Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected

      Community & HOA

      Community
      • Features: Tennis Court(s), Bike Paths, Airport/Runway, Beach, Manager on Premises
      • Security: Smoke Detector(s)
      • Subdivision: Key Colony Bch Club (53.5)
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Maintenance Grounds, Building Insurance, Maintenance Structure, Water, Sewer
      • HOA fee: $1,542 monthly
      Location
      • Region: Key Colony Beach

      Financial & listing details

      • Price per square foot: $822/sqft
      • Tax assessed value: $647,500
      • Annual tax amount: $4,793
      • Date on market: 9/17/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/3/2025Price change$799,000-2%$822/sqft
        Source: FLKMLS #616514 Report a problem
        9/17/2025Listed for sale$815,000+4.8%$838/sqft
        Source: FLKMLS #616514 Report a problem
        5/7/2024Sold$777,500-2.8%$800/sqft
        Source: Key West AOR #606803 Report a problem
        5/6/2024Pending sale$799,980$823/sqft
        Source: FLKMLS #606803 Report a problem
        4/25/2024Contingent$799,980$823/sqft
        Source: Key West AOR #606803 Report a problem
        3/26/2024Price change$799,980-4.7%$823/sqft
        Source: Key West AOR #606803 Report a problem
        12/12/2023Price change$839,000-1.9%$863/sqft
        Source: Key West AOR #606803 Report a problem
        9/28/2023Listed for sale$855,000-1.2%$880/sqft
        Source: Key West AOR #606803 Report a problem
        9/27/2023Listing removed--
        Source: FLKMLS #605912 Report a problem
        8/4/2023Listed for sale$865,000$890/sqft
        Source: Key West AOR #605912 Report a problem
        7/29/2023Contingent$865,000$890/sqft
        Source: Key West AOR #605912 Report a problem
        7/9/2023Listed for sale$865,000$890/sqft
        Source: Key West AOR #605912 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,616 +38%$647,500 +74.8%
        2024$4,793 +250.6%$370,389 +321.8%
        2023$1,367 +51.4%$87,820
        2022$903 -4.2%$87,820
        2021$943 +3.3%$87,820
        2020$912 $87,820
        2019$912 -0.1%$87,820
        2018$913 -28.3%$87,820 -60.3%
        2017$1,274 -44%$220,931
        2016$2,276 +1%$220,931 +40.6%
        2015$2,253 $157,081
        Find assessor info on the county website

        Monthly payment

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        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

        13 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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