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501 E Ocean Drive UNIT 9, Key Colony, FL 33051

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For Sale

$815,000

2 beds • 2 baths • 972 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Condominium
    Property type

  • $838.48
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Welcome to Key Colony Beach Club, newly built in 2023 and one of the rare condo communities in the Middle Keys offering weekly rentals. This oceanfront residence combines modern design, exceptional amenities, and a proven record of strong rental income. The spacious 2 bedroom, 2 bathroom layout features 9-foot ceilings, an open living area, and expansive glass sliders that flood the space with natural light and frame endless views of the Atlantic. Step onto the large private balcony where it feels as if you could reach out and touch the ocean -- a truly breathtaking setting for sunrise coffee or evening cocktails. Both the living room and the primary suite enjoy front-row views of the turquoise waters, while each bedroom includes an ensuite bath for privacy and comfort. Sold fully furnished and turn-key, this condo is move-in ready and already generating income through an active rental program. Community amenities include a heated oceanfront pool, sandy beach, Tiki Huts, a fishing pier currently under construction, an elevator, a private storage closet, and a covered parking space for two cars. The HOA fee covers cable, Wi-Fi, water, building insurance, and more, making ownership easy and convenient. Located in sought-after Key Colony Beach, you'll enjoy a walkable island lifestyle with easy access to restaurants, marinas, golf, pickleball, tennis, playgrounds, Sunset Park, and more. Experience the feeling of living right on the water -- where the ocean is your backdrop and every day feels like a vacation.
MLS# 616514

Courtesy Of RE/MAX All Keys Real Estate

(305) 451-0060

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Sprinkler System, Ceiling Fan, Water Front
  • Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Concrete
  • View Type
    Ocean

Map and Directions

Directions to 501 E Ocean Drive UNIT 9, Key Colony, FL 33051

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Copyright © 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.