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 newly completed fishing pier. 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.
New construction
$749,000
501 E Ocean Dr APT 9, Key Colony Beach, FL 33051
2beds
972sqft
Condominium
Built in 2023
-- sqft lot
$-- Zestimate®
$771/sqft
$1,542/mo HOA
What's special
Private sandy beachNewly completed fishing pierTiki hutsSpacious private balconyHigh-impact glassHeated oceanfront pool
- 343 days |
- 172 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Aryl Robison 305-781-7506,
RE/MAX All Keys Real Estate
Source: FLKMLS,MLS#: 616514
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, Oven, Microwave, Stainless Steel Appliance(s)
Features
- Storage, Walk-in Closet(s), Quartz Countertops
- Furnished: Yes
Interior area
- Total structure area: 972
- Total interior livable area: 972 sqft
Property
Features
- Patio & porch: Open Porch/Balcony
- Exterior features: Lighting, Sandy Beach, Storage
- Has private pool: Yes
- Pool features: In Ground, Concrete
- On waterfront: Yes
Details
- Parcel number: 00073990000900
- Zoning: R-3 - Multi Unit Res
- Other equipment: Irrigation Equipment
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Manager on Premises, Beach, Bike Paths
- 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: $1,542 monthly
Location
- Region: Key Colony Beach
Financial & listing details
- Price per square foot: $771/sqft
- Tax assessed value: $647,500
- Annual tax amount: $4,793
- Date on market: 9/17/2025
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $749,000-6.3%$771/sqft |
Source: | ||
| 10/3/2025 | Price change | $799,000-2%$822/sqft |
Source: | ||
| 9/17/2025 | Listed for sale | $815,000+4.8%$838/sqft |
Source: | ||
| 5/7/2024 | Sold | $777,500-2.8%$800/sqft |
Source: | ||
| 5/6/2024 | Pending sale | $799,980$823/sqft |
Source: | ||
| 4/25/2024 | Contingent | $799,980$823/sqft |
Source: | ||
| 3/26/2024 | Price change | $799,980-4.7%$823/sqft |
Source: | ||
| 12/12/2023 | Price change | $839,000-1.9%$863/sqft |
Source: | ||
| 9/28/2023 | Listed for sale | $855,000-1.2%$880/sqft |
Source: | ||
| 9/27/2023 | Listing removed | -- |
Source: | ||
| 8/4/2023 | Listed for sale | $865,000$890/sqft |
Source: | ||
| 7/29/2023 | Contingent | $865,000$890/sqft |
Source: | ||
| 7/9/2023 | Listed for sale | $865,000$890/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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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