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Sold for $400,000
    • $400,000

    601 W Ocean Dr APT 209D, Key Colony Beach, FL 33051

    2beds
    1,344sqft
    Condominium
    Built in 1975
    -- sqft lot
    $487,800 Zestimate®
    $298/sqft
    $4,354 Estimated rent

    Home value

    $487,800

    $424,000 - $561,000

    $4,354/mo

    Zestimate® history
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    What's special

    Beachfront tiki hutHeated poolPrivate sandy beachOceanfront clubhouseWater views
    PRICED TO SELL!!! A rare opportunity at The Cay. This desirable corner unit is competitively priced for today's market. This bright and spacious 2 bedroom, 2.5 bath townhouse style condo offers water views from the primary bedroom and living room, along with a relaxing view of the pool from both the balcony and living area. As a corner unit, it provides extra privacy, more natural light, and only one shared wall. The Cay is a well kept oceanfront community featuring a heated pool, beachfront tiki hut, oceanfront clubhouse, and private sandy beach. The unit is fully furnished and turnkey, ready to move in or start generating rental income right away. Rentals are permitted with a 14 day minimum, making this a smart investment or ideal second home. Located in the heart of Key Colony Beach, you're just a short walk or bike ride to local restaurants, the golf course, tennis and pickleball courts, and Sunset Park. Perfect for catching the island's famous evening skies. This is Keys living made simple: Comfort, Location and Value all in one.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jesus Parra 786-282-9281,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    Jesus Parra, 3589805

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 615588MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Microwave, Freezer
    Features
    • Storage
    • Flooring: Tile, Carpet
    • Furnished: Yes
    Interior area
    • Total structure area: 1,344
    • Total interior livable area: 1,344 sqft

    Property

    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Chickee Hut, Sandy Beach
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Fencing: Fenced
    • On waterfront: Yes
    Details
    • Parcel number: 00078330002100
    • Zoning: R-3 - Multi Unit Res

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS
    Condition
    • Year built: 1975

    Utilities & green energy

    • Utilities for property: Elect Separate Meter

    Community & HOA

    Community
    • Features: Beach, Bike Paths
    • Security: Security Guard
    • Subdivision: Cay Condo (53.5)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Sewer, Water, Maintenance Structure, Insurance, Common Area Mnt
    • HOA fee: $5,360 quarterly
    Location
    • Region: Key Colony Beach

    Financial & listing details

    • Price per square foot: $298/sqft
    • Tax assessed value: $448,565
    • Annual tax amount: $5,548
    • Date on market: 8/29/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/30/2025Sold$400,000-11.1%$298/sqft
    Source: FLKMLS #615588 Report a problem
    9/29/2025Pending sale$450,000$335/sqft
    Source: FLKMLS #615588 Report a problem
    8/29/2025Listed for sale$450,000$335/sqft
    Source: Key West AOR #615588 Report a problem
    8/23/2025Contingent$450,000$335/sqft
    Source: FLKMLS #615588 Report a problem
    8/18/2025Price change$450,000-7.2%$335/sqft
    Source: Key West AOR #615588 Report a problem
    6/26/2025Listed for sale$485,000-3%$361/sqft
    Source: FLKMLS #615588 Report a problem
    10/3/2023Sold$500,000+122.2%$372/sqft
    Source: Public Record Report a problem
    11/21/2000Sold$225,000+21.6%$167/sqft
    Source: Public Record Report a problem
    5/5/1998Sold$185,000$138/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,785 -13.8%$448,565 -13.6%
    2024$5,548 +97.6%$518,883 +85.3%
    2023$2,808 +3.9%$280,033 +3%
    2022$2,702 +0.2%$271,877 +3%
    2021$2,698 +4.4%$263,959 +1.4%
    2020$2,585 $260,315 +2.3%
    2019$2,585 +2.3%$254,463 +1.9%
    2018$2,526 +5.4%$249,719 +2.1%
    2017$2,397 +4.3%$244,583 +2.1%
    2016$2,297 -1.4%$239,553 +0.7%
    2015$2,331 $237,888
    Find assessor info on the county website

    Neighborhood: 33051

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    Estimated market value
    $487,800
    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
    $487,800

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