Sold for $450,000

$450,000

601 W Ocean Dr APT 411C, Key Colony Beach, FL 33051

2beds

1,475sqft

Townhouse, Residential - Condo/Townhouse

Built in 1975

-- sqft lot

$469,000 Zestimate^®

$305/sqft

$4,856 Estimated rent

Home value

$469,000

$446,000 - $492,000

$4,856/mo

Zestimate^® history

Owner options

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$4,856/mo

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$4,856/mo

Rent Zestimate^®

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$8,094/mo

Est. payment

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$8,094/mo

Est. payment

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What's special

Heated poolNatural sandy beachTiki hutLight-filled layout

Enjoy the best of island living in this 2 bedroom, 2.5 bath townhouse-styled condo in Key Colony Beach. The light-filled layout features an open living area plus a cover porch off the living room and a private covered balcony off the 2nd bedroom. Exterior stairs lead directly to the community amenities including a natural sandy beach, tiki hut, and heated pool. On-site manager is a plus for owners! This property is ideal as a personal getaway or as an investment property. Vacation rentals are allowed.

Facts & features

Interior

Bedrooms & bathrooms

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

Cooling

Central Air

Appliances

Included: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer

Features

Flooring: Tile, Carpet
Furnished: Yes

Interior area

Total interior livable area: 1,475 sqft

Property

Parking

Parking features: Assigned, Guest, Open
Has uncovered spaces: Yes

Features

Patio & porch: Open Porch/Balcony
Has private pool: Yes
Pool features: Heated, In Ground
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean
Waterfront features: Oceanfront, Waterfront, Dockage: None

Lot

Features: 1/2 - Less Than 1 AC

Details

Parcel number: 00078330004700
Zoning: R-3
Zoning description: Multi Unit Res

Construction

Type & style

Home type: Townhouse
Architectural style: Townhouse
Property subtype: Townhouse, Residential - Condo/Townhouse

Materials

CBS
Roof: Concrete

Condition

Year built: 1975

Utilities & green energy

Electric: Elect Separate Meter
Sewer: Public Sewer
Utilities for property: FKAA

Community & HOA

Community

Subdivision: Cay Condo (53.5)

HOA

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

Location

Region: Key Colony Beach

Financial & listing details

Price per square foot: $305/sqft
Tax assessed value: $455,647
Annual tax amount: $4,588
Date on market: 11/24/2025

Price history

Date	Event	Price
1/23/2026	Sold	$450,000-7.5%$305/sqft
Source: FLKMLS #617444 Report a problem
1/13/2026	Contingent	$486,500$330/sqft
Source: Key West AOR #617444 Report a problem
11/24/2025	Listed for sale	$486,500-1.7%$330/sqft
Source: FLKMLS #617444 Report a problem
11/10/2025	Listing removed	$495,000$336/sqft
Source: MLKAR #614954 Report a problem
10/7/2025	Price change	$495,000-4.8%$336/sqft
Source: FLKMLS #614954 Report a problem
7/11/2025	Price change	$520,000-2.8%$353/sqft
Source: FLKMLS #614954 Report a problem
6/3/2025	Price change	$535,000-2.6%$363/sqft
Source: MLKAR #614954 Report a problem
5/9/2025	Listed for sale	$549,000+46.4%$372/sqft
Source: FLKMLS #614954 Report a problem
5/26/2021	Sold	$375,000-3.6%$254/sqft
Source: FLKMLS #594378 Report a problem
4/5/2021	Listed for sale	$389,000$264/sqft
Source: MLKAR #594378 Report a problem
3/25/2021	Listing removed	--
Source: MLKAR Report a problem
1/28/2021	Listed for sale	$389,000$264/sqft
Source: FLKMLS #594378 Report a problem
7/2/2020	Listing removed	$389,000$264/sqft
Source: Gail's Island Realty, Inc. #591379 Report a problem
6/24/2020	Listed for sale	$389,000+94.5%$264/sqft
Source: Gail's Island Realty, Inc. #591379 Report a problem
3/3/2000	Sold	$200,000+20.5%$136/sqft
Source: Public Record Report a problem
8/27/1997	Sold	$166,000$113/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,779 -0.7%	$444,349 +10%
2024	$4,814 +4.8%	$403,954 +10%
2023	$4,595 +24.3%	$367,231 +10%
2022	$3,697 -1.1%	$333,846 +2.3%
2021	$3,738 +12.1%	$326,181 +10%
2020	$3,333	$296,618 -7.3%
2019	$3,333 -4.3%	$320,073 +14.2%
2018	$3,485 +13.8%	$280,337 -4.8%
2017	$3,061 -1.8%	$294,322
2016	$3,116 -3.7%	$294,322 +0.2%
2015	$3,235	$293,820