Derek Varona
Sea Grove Realty
(786) 460-5548
107 Total Sales
4 in Key Colony Beach
$599,000 Price Range
501 E Ocean Dr Unit 17 Key Colony Beach, FL 33051
Key Colony Beach AreaEstimated Value: $629,267 - $708,000
2
Beds
2
Baths
1,008
Sq Ft
2
Acre Lot
Highlights
- Airstrip
- Ocean Front
- Sandy Beach
- Coral Shores High School Rated A
- Beach
- New Construction
About This Home
As of September 2025White sand oceanfront condo with breathtaking blue ocean views constructed in 2023 with weekly rentals permitted. You deserve to live the island dream in this stunning, oceanfront condo, perfectly positioned in the heart of the Middle Keys. This modern coastal retreat boasts 10-foot ceilings, impact-rated windows and doors, and an open floor plan designed to maximize natural light and sweeping ocean views. The oversized balcony will extend your living, dining or just relaxing to gaze at the beautiful ocean views and meticulous grounds. Featuring two spacious ensuite bedrooms, this home offers both comfort and privacy--ideal for full-time living, a vacation getaway, or a weekly rental investment. Enjoy resort-style amenities including pickleball, golf, tennis, marina, playgrounds, and even a police department for peace of mind. Explore the city effortlessly--designed for walking and biking across 15 charming streets with access to Sunset Park, dining, shopping, and a convenient post office. Whether you're fishing, diving, snorkeling, or simply soaking in the views, this location is a paradise for outdoor lovers. Just 5 minutes to Marathon's Executive Airport, 1 hour to Key West International Airport and 2 hours to Miami International Airport, this property offers a rare combination of convenience and tranquility...come home to Key Colony Beach, the heart of the Florida Keys!
Last Agent to Sell the Property
Ocean Sotheby's International License #SL3352184 Listed on: 08/27/2025
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,132
Year Built
- Built in 2023 | New Construction
Lot Details
- Ocean Front
- Sandy Beach
HOA Fees
- $1,274 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Concrete Roof
- Metal Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 1,008 Sq Ft Home
- Ceiling Fan
- Sliding Doors
- Tile Flooring
- Ocean Views
- Monitored
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Carport
- Guest Parking
- Off-Street Parking
Pool
- Heated In Ground Pool
- Pool Deck
Outdoor Features
- Airstrip
- Balcony
Utilities
- Central Air
- Heating Available
- Public Hookup Available For Sewer
- Community Sewer or Septic
- Cable TV Available
Listing and Financial Details
- Minimum Rental Period: 7
- Assessor Parcel Number 00073990-001700
Community Details
Overview
- Association fees include cable, common area mnt, building insurance, bldg exterior mnt, water, sewer
- 32 Units
- Key Colony Bch Club Subdivision
Recreation
- Beach
- Tennis Courts
- Bike Trail
Pet Policy
- Pets Allowed with Restrictions
Security
- Resident Manager or Management On Site
- Impact Glass
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2025
Closed on
Sep 30, 2025
Sold by
Bought by
Seller's Agent
Ally Kelley
Ocean Sotheby's International
Buyer's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$699,000
Sold Price
$684,000
Premium/Discount to List
-$15,000
-2.15%
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,183
Avg. Annual Appreciation
-1.25%
Purchase Details
Closed on
Jul 27, 2023
Sold by
Bought by
Purchase Details
Closed on
Apr 7, 2015
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Key Colony Beach, FL
-
Derek Varona
-
Rafael Monterrey
Rafael Monterrey
Balistreri Real Estate Inc
(844) 721-4864
157 Total Sales
1 in Key Colony Beach
$449,000 Price
-
Ismaris Texidor
Ismaris Texidor
Real Estate Sales Force
(786) 891-8625
41 Total Sales
3 in Key Colony Beach
$1,275,000 Price Range
-
Carolyn Ambler
Carolyn Ambler
American Caribbean Real Estate, Christie's International Real Estate
(475) 231-4734
35 Total Sales
1 in Key Colony Beach
$1,900,000 Price
-
Joshua Mothner
Joshua Mothner
Coldwell Banker Schmitt Real Estate Co.
(786) 751-4280
107 Total Sales
16 in Key Colony Beach
$365K - $1.7M Price Range
-
Bernice Schafer
Bernice Schafer
Vested Palm Real Estate and Home Services
(888) 614-9574
65 Total Sales
2 in Key Colony Beach
$929,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $684,000 | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | $684,000 | -2.1% | $679 / Sq Ft |
| 09/13/2025 09/13/25 | Pending | -- | -- | -- |
| 08/27/2025 08/27/25 | For Sale | $699,000 | -- | $693 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,132 | $628,083 | $628,083 | |
| 2024 | $1,376 | $580,417 | $580,417 | |
| 2023 | $1,376 | $88,726 | $0 | $88,726 |
| 2022 | $912 | $88,726 | $0 | $88,726 |
| 2021 | $952 | $88,726 | $0 | $88,726 |
| 2020 | $921 | $88,726 | $0 | $88,726 |
| 2019 | $922 | $88,726 | $0 | $88,726 |
| 2018 | $1,283 | $88,726 | $0 | $0 |
| 2017 | $2,472 | $223,209 | $0 | $0 |
| 2016 | $2,562 | $223,209 | $0 | $0 |
| 2015 | $1,917 | $157,081 | $0 | $0 |
| 2014 | $1,959 | $157,081 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ally Kelley
Seller's Agent in 2025
Ally Kelley
Ocean Sotheby's International
(305) 735-4095
112 Total Sales
-
Karen Raspe, PA
Seller Co-Listing Agent in 2025
Karen Raspe, PA
Ocean Sotheby's International
(305) 393-9010
131 Total Sales
-
Lynn Lucas
Buyer's Agent in 2025
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
(305) 393-0559
113 Total Sales
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 616306
APN: 00073990-001700
Nearby Homes
- 501 E Ocean Dr Unit 28
- 501 E Ocean Dr Unit 9
- 601 W Ocean Dr Unit 312D
- 601 W Ocean Dr Unit 316D
- 601 W Ocean Dr Unit 203A
- 601 W Ocean Dr Unit 203A
- 601 W Ocean Dr Unit 311D
- 350 E Ocean Dr
- 340 E Ocean Dr
- 260 Sadowski Causeway
- 315 E Ocean Dr
- 721 W Ocean Dr
- 320 5th St
- 351 5th St
- 330 4th St
- 271 3rd St
- 201 E Ocean Dr Unit 1-211
- 201 E Ocean Dr Unit 208
- 280 3rd St
- 341 3rd St
- 501 E Ocean Dr Unit 25
- 501 E Ocean Dr Unit 12
- 501 E Ocean Dr Unit 24
- 501 E Ocean Dr Unit 32
- 501 E Ocean Dr Unit 30
- 501 E Ocean Dr Unit 22
- 501 E Ocean Dr Unit 5
- 501 E Ocean Dr Unit 23
- 501 E Ocean Dr Unit 18
- 501 E Ocean Dr
- 428 E Ocean Dr
- #30 Key Colony Beach Club
- 16 Key Colony Beach Club Apts
- 0 Key Colony Beach Club Unit 515276
- 19 Key Colony Beach Club
- 18 Key Colony Beach Club
- 0 Key Colony Beach Club Unit 23 546160
- 121 5th St
- 550 E Ocean Dr
- 501 E Ocean Dr Key Colony Bch Club Unit 25
Your Personal Tour Guide
Ask me questions while you tour the home.