$755,000
$10K PRICE DROP

501 E Ocean Dr Unit 26 Key Colony Beach, FL 33051

Estimated payment $4,334/month

Total Views 4,595
2 Beds
2 Baths
972 Sq Ft
$777 Price per Sq Ft

About This Home

Welcome to your coastal retreat where modern luxury meets breathtaking ocean views. This beautifully appointed condominium offers the perfect blend of style, comfort, and convenience, nestled right on the shoreline. Located on the top floor, this residence features sweeping ocean vistas that can be enjoyed from both the living room and the main bedroom, thanks to oversized telescoping sliding glass doors that are impact-rated for peace of mind during storm season.Step inside to discover a thoughtfully designed interior with two spacious en suite bedrooms, providing privacy and comfort for residents and guests alike. The main bedroom features a spa-like bathroom with a walk-in shower accented by elegant river rock tile, while the second suite includes a soaking tub -- perfect for relaxing after a long day at the beach.The heart of the home is a contemporary kitchen, complete with a large island ideal for entertaining, sleek stainless steel appliances, and a stylish glass tile backsplash that adds a touch of coastal flair. Ceiling fans and central AC ensure year-round comfort, while the on-demand water heater provides instant hot water whenever you need it.Durable impact windows and doors throughout offer security and energy efficiency, and the unit's proximity to the elevator adds an extra layer of everyday convenience. Whether you're enjoying a morning coffee with a sea breeze on the balcony or unwinding inside your serene living space, this home is designed to maximize your enjoyment of coastal living.HOA fees include cable, water and building insurance adding to the worry-free lifestyle this property offers. With high-end finishes, unbeatable views, and a prime location, this residence is the perfect place to enjoy the very best of oceanfront living.Call for a private tour today.

Listing Agent

Stephanie Wise

Keller Williams Key West Compass Realty License #3414367 Listed on: 05/02/2025

Keller Williams Key West Compass Realty

Co-Listing Agent

Sandra Swan

Keller Williams Key West Compass Realty License #3414369

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,390

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 1495.91
  • Mandatory HOA: Yes
  • Document Count: 5
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Pets W Restrictions: 2 Pets Owner Only
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4918.52
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking, Off Street Parking
  • Year Built: 2023
  • Alternate Key Number: 8555946
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 972.00
  • Pre Wired: Cable
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: 3
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Walk-in Closet(s), Storage, Smoke Alarms, Elevator
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Vinyl
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Sandy Beach, Storage, Sprinkler System
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,VE,AE
  • Parcel Number: 00073990-002600
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $1,390 $642,088 -- $642,088
2023 $1,390 $90,242 $0 $90,242
2022 $926 $90,242 $0 $90,242
2021 $967 $90,242 $0 $90,242
2020 $936 $90,242 $0 $90,242
2019 $937 $90,242 $0 $90,242
2018 $2,377 $206,592 $0 $0
2017 $2,296 $227,024 $0 $0
2016 $2,274 $227,024 $0 $0
2015 $1,917 $157,081 $0 $0
2014 $1,959 $157,081 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2025 06/14/25 Price Changed $755,000 -1.3% $777 / Sq Ft
05/02/2025 05/02/25 For Sale $765,000 -- $787 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 614862

Key West Association of REALTORS®

APN: 00073990-002600