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Sold for $435,000
  • $435,000

    601 W Ocean Dr APT 401A, Key Colony Beach, FL 33051

    2beds
    1,234sqft
    Condominium
    Built in 1975
    -- sqft lot
    $456,800 Zestimate®
    $353/sqft
    $-- Estimated rent

    Home value

    $456,800

    $397,000 - $521,000

    Not available

    Zestimate® history
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    What's special

    Beachfront tiki hutOceanfront livingPrivate sandy beachCommunity deckWelcoming retreatFirst-level livingBreathtaking sunsets
    Discover the charm of oceanfront living at an exceptional value in The Cay Condos, located in the heart of Key Colony Beach. Known for its small-town feel and pristine beaches, this walkable, bikeable island offers a host of amenities, including a par-3 golf course, marina, tennis and pickleball courts, and a variety of local restaurants. This 2-bedroom, 2-bath unit provides a welcoming retreat within a vibrant beachfront community. Residents enjoy a picturesque oceanfront courtyard with a pool, a beachfront tiki hut, a private sandy beach, party room and a community deck perfect for savoring breathtaking sunsets. With first-level living for easy accessibility and a calendar full of community events, this is your chance to embrace the best of Florida Keys living at an affordable price.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Chacksfield 312-350-4601,

    Berkshire Hathaway HomeServices Keys Real Estate

    Bought with:

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 612602MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave
    • Laundry: Laundry Room
    Features
    • Flooring: Tile, Carpet
    • Furnished: Yes
    Interior area
    • Total structure area: 1,234
    • Total interior livable area: 1,234 sqft

    Property

    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Chickee Hut, Sandy Beach
    • Has private pool: Yes
    • Pool features: In Ground, Concrete, Decked
    • On waterfront: Yes
    Details
    • Parcel number: 00078330003700
    • Zoning: R-3 - Multi Unit Res

    Construction

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

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Manager on Premises, 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: $353/sqft
    • Tax assessed value: $388,314
    • Annual tax amount: $4,777
    • Date on market: 12/8/2024

    Price history

    DateEventPrice
    4/30/2025Pending sale$459,000+5.5%$372/sqft
    Source: FLKMLS #612602 Report a problem
    4/29/2025Sold$435,000-5.2%$353/sqft
    Source: FLKMLS #612602 Report a problem
    3/24/2025Contingent$459,000$372/sqft
    Source: FLKMLS #612602 Report a problem
    2/24/2025Price change$459,000-4.2%$372/sqft
    Source: Key West AOR #612602 Report a problem
    2/1/2025Price change$479,000-4%$388/sqft
    Source: Key West AOR #612602 Report a problem
    12/8/2024Listed for sale$499,000+23120.1%$404/sqft
    Source: FLKMLS #612602 Report a problem
    1/20/2016Sold$2,149$2/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,231 -11.5%$388,314 -4.2%
    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 -2.7%$275,277 +12%
    2015$3,025 $245,813
    Find assessor info on the county website

    Neighborhood: 33051

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $456,800
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    Estimated market value
    $456,800