501 E Ocean Dr Unit 26 Key Colony Beach, FL 33051
Estimated payment $4,077/month
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
Keller Williams Key West Compass Realty License #3414367 Listed on: 05/02/2025
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
- Contingent: None
- 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: NewHome
- 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
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | Price Changed | $750,000 | -0.7% | $772 / Sq Ft |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Listed On Document | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional |
Source: Key West Association of REALTORS®
MLS Number: 614862
APN: 00073990-002600
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