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Sold for $525,000
  • $525,000

    601 W Ocean Dr APT 414D, Key Colony Beach, FL 33051

    2beds
    1,343sqft
    Condominium
    Built in 1975
    -- sqft lot
    $650,200 Zestimate®
    $391/sqft
    $4,241 Estimated rent

    Home value

    $650,200

    $585,000 - $728,000

    $4,241/mo

    Zestimate® history
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    What's special

    Ocean breezesLarge poolPrivate sandy beachUpdated en-suite bathBeautiful open water viewsOversized primary suite
    Beautiful open water views and ocean breezes set the tone for this spacious 2-bedroom, 2.5-bath townhome-style condo. Just two units in from the beach, the setting offers an enviable blend of proximity and privacy. The kitchen is nicely sized with ample cabinet and countertop space, while the generous living and dining areas open to a private balcony with a stunning oceanfront backdrop—perfect for taking in the salty air and shifting water colors. Upstairs, the oversized primary suite includes an updated en-suite bath, while the guest bedroom features its own private balcony and access to a full hall bath. A convenient half bath is located on the main level. The community is centered around a delightful tropically landscaped courtyard with a large pool and features a private sandy beach, oceanfront clubhouse with an expansive deck, and a calendar of relaxed social events. With full-time onsite management and 14-day rentals permitted, this residence offers comfort, flexibility, and island living—with views and breezes that are hard to match.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Chacksfield 312-350-4601,

    Berkshire Hathaway HomeServices Keys Real Estate

    Bought with:

    The Wesley Group, 00000

    Bascom Grooms Real Estate (KW)

    Source: FLKMLS,MLS#: 618389MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave, Disposal
    Features
    • Granite Counters, Storage
    • Flooring: Tile, Carpet
    • Furnished: Yes
    Interior area
    • Total structure area: 1,343
    • Total interior livable area: 1,343 sqft

    Property

    Accessibility
    • Accessibility features: None, Handicap Facilities
    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Chickee Hut, Sandy Beach, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: In Ground, Decked
    • On waterfront: Yes
    Details
    • Parcel number: 00078330005000
    • Zoning: R-3 - Multi Unit Res

    Construction

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

    Utilities & green energy

    • Utilities for property: Elect Separate Meter

    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: $6,025 quarterly
    Location
    • Region: Key Colony Beach

    Financial & listing details

    • Price per square foot: $391/sqft
    • Tax assessed value: $589,526
    • Annual tax amount: $6,082
    • Date on market: 1/30/2026
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    3/18/2026Sold$525,000-10.3%$391/sqft
    Source: FLKMLS #618389 Report a problem
    3/18/2026Pending sale$585,000$436/sqft
    Source: FLKMLS #618389 Report a problem
    2/27/2026Contingent$585,000$436/sqft
    Source: Key West AOR #618389 Report a problem
    12/24/2025Price change$585,000-1.7%$436/sqft
    Source: FLKMLS #615235 Report a problem
    7/21/2025Listed for sale$595,000$443/sqft
    Source: FLKMLS #615235 Report a problem
    7/8/2025Contingent$595,000$443/sqft
    Source: FLKMLS #615235 Report a problem
    7/1/2025Price change$595,000-8.5%$443/sqft
    Source: Key West AOR #615235 Report a problem
    5/29/2025Listed for sale$650,000-8.3%$484/sqft
    Source: FLKMLS #615235 Report a problem
    8/31/2024Listing removed$709,000$528/sqft
    Source: Key West AOR #608710 Report a problem
    2/13/2024Listed for sale$709,000+86.6%$528/sqft
    Source: MLKAR #608710 Report a problem
    7/31/2017Sold$380,000+20.6%$283/sqft
    Source: FLKMLS #573156 Report a problem
    1/28/2014Sold$315,000$235/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,082 -1%$589,526 +9.5%
    2024$6,143 +4.4%$538,148 +10%
    2023$5,883 +23.7%$489,225 +10%
    2022$4,755 +4.5%$444,750 +9.2%
    2021$4,550 +12.6%$407,136 +10%
    2020$4,042 $370,124 -1.9%
    2019$4,042 +1.4%$377,421 +16.1%
    2018$3,988 +14.7%$325,177 +2.2%
    2017$3,477 +4.4%$318,109
    2016$3,332 +0.4%$318,109 +18.8%
    2015$3,318 $267,725
    Find assessor info on the county website

    Neighborhood: 33051

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $650,200
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    Estimated market value
    $650,200