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Sold for $520,000
  • $520,000

    601 W Ocean Dr APT 301A, Key Colony Beach, FL 33051

    2beds
    1,234sqft
    Condominium, Residential - Condo/Townhouse
    Built in 1975
    -- sqft lot
    $521,000 Zestimate®
    $421/sqft
    $4,674 Estimated rent

    Home value

    $521,000

    $453,000 - $599,000

    $4,674/mo

    Zestimate® history
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    $8,539/mo

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    What's special

    Swimming poolLush tropical groundsHeated swimming poolWell appointed condoSandy beachOff street parkingCommon room
    Welcome to the Cay Condos. This spacious condo offers two bedrooms, two full bathrooms, kitchen that is open to the open living and dining areas. Best of all enjoy the ease of access with the ground level location and walk directly out to the manicured grounds just steps from sandy beach or the swimming pool and the unit windows have been updating making it rental ready for when you are not using it. The Cay offers lush tropical grounds, over 250' of sandy oceanfront beach, heated swimming pool, common room, off street parking and walking distance to all that Key Colony Beach has to offer. Call today to see this well appointed condo on the friendliest walking community island in the Keys.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Owen Lucas Team 305-393-0559,

    Berkshire Hathaway HomeServices Keys Real Estate

    Bought with:

    The Owen Lucas Team, 653995

    Berkshire Hathaway HomeServices Keys Real Estate

    Source: FLKMLS,MLS#: 612187MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Storage, Split Bedroom
    • Flooring: Tile
    • Doors: Glass Doors
    • Windows: Drapes/Blinds Incl, Window Treatments, Aluminum Frames, Accordion
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,234 sqft

    Property

    Parking
    • Parking features: Assigned, Guest, Open
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No, Parking
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Sprinkler System, Sandy Beach, Rain Gutters
    • Has private pool: Yes
    • Pool features: Heated, Concrete
    • Fencing: Fenced
    • Water view: None
    • Waterfront features: Oceanfront, Open Water, Waterfront, Sandy Beach, Dockage: None
    Lot
    • Features: 1 Less Than 2 Acres
    • Residential vegetation: Fruit Tree(s)
    Details
    • Additional structures: Chickee Hut
    • Parcel number: 00078330002200
    • Zoning: R-3
    • Zoning description: Multi Unit Res
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential - Condo/Townhouse
    Materials
    • CBS, Concrete
    • Roof: Other
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Clubhouse, Bike Paths, Beach, Manager on Premises
    Location
    • Region: Key Colony Beach
    • Subdivision: Cay Condo (53.5)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $5,360 quarterly
    • Services included: Cable TV, Other, Maintenance Grounds, Building Insurance, Maintenance Structure, Water, Sewer

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    5/1/2025Sold$520,000-7%$421/sqft
    Source: FLKMLS #612187 Report a problem
    4/9/2025Contingent$559,000$453/sqft
    Source: FLKMLS #612187 Report a problem
    4/1/2025Pending sale$559,000$453/sqft
    Source: FLKMLS #612187 Report a problem
    2/27/2025Contingent$559,000$453/sqft
    Source: MLKAR #612187 Report a problem
    11/8/2024Listed for sale$559,000-5.1%$453/sqft
    Source: FLKMLS #612187 Report a problem
    8/27/2024Listing removed--
    Source: FLKMLS #606526 Report a problem
    4/6/2024Price change$589,000-3.4%$477/sqft
    Source: Key West AOR #606526 Report a problem
    2/6/2024Price change$610,000-3.5%$494/sqft
    Source: Key West AOR #606526 Report a problem
    9/4/2023Listed for sale$632,000+363%$512/sqft
    Source: Key West AOR #606526 Report a problem
    4/9/1996Sold$136,500$111/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,734 -0.9%$443,074 +9.3%
    2024$4,778 +4.9%$405,339 +10%
    2023$4,555 +22.8%$368,490 +10%
    2022$3,708 +4.4%$334,991 +8.9%
    2021$3,552 +11.9%$307,610 +9.9%
    2020$3,173 $280,000 +2.8%
    2019$3,173 +3.1%$272,472 +11.5%
    2018$3,076 +12.8%$244,462 -11.2%
    2017$2,728 -7.3%$275,277
    2016$2,944 -3.6%$275,277 +65.1%
    2015$3,054 $166,717

    Find assessor info on the county website

    Neighborhood: 33051

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $521,000
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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
    $521,000