For sale

Price cut: $5K (7/7)

$545,000

601 W Ocean Dr APT 311D, Key Colony Beach, FL 33051

2beds

1,343sqft

$5,374/mo

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Condominium

Built in 1975

-- sqft lot

$-- Zestimate^®

$406/sqft

$2,008/mo HOA

What's special

Private balconyTwo bedroomsPartial ocean viewsBeautiful condoModern kitchenOpen-concept design

Nestled in the heart of Key Colony in the Florida Keys, this beautiful condo spans 1,343 square feet and features two bedrooms and two and a half bathrooms. The open-concept design includes a modern kitchen which overlooks the living area for a perfect entertaining experience this charming condo with partial ocean views. Enjoy your own private balcony, perfect for morning coffees or evening sunsets. Plus, the flexibility of renting out the condo every fourteen days makes it an ideal investment opportunity. Embrace the laid-back island lifestyle with this unique gem!'

270 days
193
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Appliances

Included: Washer, Dryer, Dishwasher, Refrigerator, Range

Features

Furnished: Yes

Interior area

Total structure area: 1,343
Total interior livable area: 1,343 sqft

Property

Features

Patio & porch: Open Porch/Balcony
Exterior features: Sandy Beach
Has private pool: Yes
Pool features: In Ground, Salt Water
On waterfront: Yes

Lot

Size: 2 Acres
Dimensions: 2 LESS THAN 5 ACRES

Details

Parcel number: 00078330003000
Zoning: R-3 - Multi Unit Res

Construction

Type & style

Home type: Condo
Architectural style: Townhouse
Property subtype: Condominium

Materials

Condition

Year built: 1975

Community & HOA

Community

Subdivision: Cay Condo (53.5)

HOA

Has HOA: Yes
Services included: Maintenance Structure, Insurance, Common Area Mnt, Security
HOA fee: $6,025 quarterly

Location

Region: Key Colony Beach

Financial & listing details

Price per square foot: $406/sqft
Tax assessed value: $462,173
Annual tax amount: $4,953
Date on market: 12/8/2025

Estimated market value

Not available

Estimated sales range

Not available

$5,568/mo

Price history

Date	Event	Price
7/7/2026	Price change	$545,000-0.9%$406/sqft
Source: FLKMLS #617628 Report a problem
6/8/2026	Price change	$550,000-4.2%$410/sqft
Source: FLKMLS #617628 Report a problem
4/14/2026	Price change	$574,000-0.9%$427/sqft
Source: Key West AOR #617628 Report a problem
1/26/2026	Price change	$579,000-1%$431/sqft
Source: Key West AOR #617628 Report a problem
12/25/2025	Price change	$585,000-2.3%$436/sqft
Source: Key West AOR #617628 Report a problem
12/8/2025	Listed for sale	$599,000+9.5%$446/sqft
Source: Key West AOR #617628 Report a problem
11/8/2024	Sold	$547,000-0.4%$407/sqft
Source: FLKMLS #610803 Report a problem
9/21/2024	Contingent	$549,000$409/sqft
Source: Key West AOR #610803 Report a problem
7/18/2024	Listed for sale	$549,000+45.8%$409/sqft
Source: Key West AOR #610803 Report a problem
6/14/2021	Sold	$376,500+2.4%$280/sqft
Source: FLKMLS #591111 Report a problem
3/23/2021	Pending sale	$367,500$274/sqft
Source: The Keyes Company/Realtors #A10870147 Report a problem
3/23/2021	Contingent	$367,500$274/sqft
Source: MIAMI #A10870147 Report a problem
3/21/2021	Price change	$367,500-5.7%$274/sqft
Source: The Keyes Company/Realtors #A10870147 Report a problem
3/17/2021	Price change	$389,900+6.1%$290/sqft
Source: FLKMLS #591111 Report a problem
10/9/2020	Price change	$367,500-7.9%$274/sqft
Source: The Keyes Company #A10870147 Report a problem
6/3/2020	Listed for sale	$399,000$297/sqft
Source: The Keyes Company #A10869463 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,910 -0.9%	$462,173 +9.5%
2024	$4,954 +4.8%	$422,217 +10%
2023	$4,726 +23.1%	$383,834 +10%
2022	$3,841 +2.6%	$348,940 +7.3%
2021	$3,743 +12.1%	$325,213 +10%
2020	$3,340	$295,648 +8.4%
2019	$3,340 +8.6%	$272,744 +11.6%
2018	$3,076 +12.8%	$244,337 -12.5%
2017	$2,727 -8.5%	$279,213
2016	$2,980 -3.6%	$279,213 +4.3%
2015	$3,092	$267,725