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For sale
  • $529,900

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

    2beds
    1,343sqft
    : 
    $5,351/mo
    Get pre-qualified
    Condominium
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $395/sqft
    $2,008/mo HOA

    What's special

    Inviting two-story floor planHeated swimming poolOceanfront clubhousePrivate white-sand beachLush tropical landscapingBeautifully maintained tropical groundsConvenient main-level half bath
    Your Florida Keys Escape Awaits at The Cay in Key Colony Beach! Discover the charm of coastal living in The Cay, a sought-after oceanfront condominium community in the heart of Key Colony Beach. This spacious 2-bedroom, 2.5-bath townhome-style residence offers an incredible opportunity to embrace the Florida Keys lifestyle, surrounded by lush tropical landscaping, resort-style amenities, and a beautiful private beach just steps away. The inviting two-story floor plan features comfortable living and dining spaces, a convenient main-level half bath, and two generously sized upstairs bedrooms with two full bathrooms. Two private balconies overlook the tropical courtyard and sparkling swimming pool, providing peaceful settings to enjoy your morning coffee, unwind with a good book, or simply soak in the island breezes. Offering the opportunity to add your own personal touches, this residence is the perfect canvas to create your ideal coastal retreat. Step outside and experience what makes The Cay so special! Enjoy a private white-sand beach, heated swimming pool, oceanfront clubhouse, and beautifully maintained tropical grounds. Whether you're relaxing poolside, enjoying the ocean breeze along the shoreline, or gathering with friends, every day feels like a vacation. Beyond the community, discover the best of Key Colony Beach, with waterfront restaurants, a par-3 golf course, tennis and pickleball courts, and the breathtaking sunsets of Sunset Park all nearby. With 14-day minimum rentals permitted and HOA fees that include building insurance and water, this property offers the flexibility to enjoy your own island getaway while exploring vacation rental income potential. Your opportunity to own a piece of paradise in one of the Florida Keys' most desirable beachfront communities awaits!
    13 hours
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nate Bartlett,

    Berkshire Hathaway HomeServices Keys Real Estate

    Source: FLKMLS,MLS#: 621940MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave
      Features
      • Split Bedroom, Pantry, Storage, Walk-in Closet(s)
      • Flooring: Tile, Carpet
      • Furnished: Yes
      Interior area
      • Total structure area: 1,343
      • Total interior livable area: 1,343 sqft

      Property

      Accessibility
      • Accessibility features: Parking
      Features
      • Patio & porch: Open Porch/Balcony, Patio
      • Exterior features: Chickee Hut, Fruit Tree(s), Rain Gutters, Lighting, Outdoor Shower, Sandy Beach, Storage
      • Has private pool: Yes
      • Pool features: In Ground, Concrete, Decked
      • Fencing: Fenced,Privacy
      • On waterfront: Yes
      Details
      • Parcel number: 00078330003000
      • Zoning: R-3 - Multi Unit Res
      • Other equipment: Irrigation Equipment

      Construction

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

      Utilities & green energy

      • Utilities for property: Water Separate Meter, Elect Separate Meter

      Community & HOA

      Community
      • Features: Community Boat Ramp, Manager on Premises, Beach, Bike Paths
      • Security: Security Guard
      • 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: $395/sqft
      • Tax assessed value: $462,173
      • Annual tax amount: $4,910
      • Date on market: 11/4/2026
      • Listing terms: Cash,Conventional,Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,197/mo

        Price history

        DateEventPrice
        11/5/2026Listed for sale$529,900-2.8%$395/sqft
        Source: FLKMLS #621940 Report a problem
        9/28/2026Listing removed$545,000$406/sqft
        Source: FLKMLS #617628 Report a problem
        7/7/2026Price change$545,000-0.9%$406/sqft
        Source: FLKMLS #617628 Report a problem
        6/8/2026Price change$550,000-4.2%$410/sqft
        Source: FLKMLS #617628 Report a problem
        4/14/2026Price change$574,000-0.9%$427/sqft
        Source: Key West AOR #617628 Report a problem
        1/26/2026Price change$579,000-1%$431/sqft
        Source: Key West AOR #617628 Report a problem
        12/25/2025Price change$585,000-2.3%$436/sqft
        Source: Key West AOR #617628 Report a problem
        12/8/2025Listed for sale$599,000+9.5%$446/sqft
        Source: Key West AOR #617628 Report a problem
        11/8/2024Sold$547,000-0.4%$407/sqft
        Source: FLKMLS #610803 Report a problem
        9/21/2024Contingent$549,000$409/sqft
        Source: Key West AOR #610803 Report a problem
        7/18/2024Listed for sale$549,000+45.8%$409/sqft
        Source: Key West AOR #610803 Report a problem
        6/14/2021Sold$376,500+2.4%$280/sqft
        Source: FLKMLS #591111 Report a problem
        3/23/2021Pending sale$367,500$274/sqft
        Source: The Keyes Company/Realtors #A10870147 Report a problem
        3/23/2021Contingent$367,500$274/sqft
        Source: MIAMI #A10870147 Report a problem
        3/21/2021Price change$367,500-5.7%$274/sqft
        Source: The Keyes Company/Realtors #A10870147 Report a problem
        3/17/2021Price change$389,900+6.1%$290/sqft
        Source: FLKMLS #591111 Report a problem
        10/9/2020Price change$367,500-7.9%$274/sqft
        Source: The Keyes Company #A10870147 Report a problem
        6/3/2020Listed for sale$399,000$297/sqft
        Source: The Keyes Company #A10869463 Report a problem

        Public tax history

        YearProperty taxesTax 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
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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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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