Natalie Ardis
Coldwell Banker Schmitt Real Estate Co.
(844) 955-0059
26 Total Sales
5 in Key Colony Beach
$485K - $1.4M Price Range
501 E Ocean Dr Unit 28 Key Colony Beach, FL 33051
Key Colony Beach Area
2
Beds
2
Baths
972
Sq Ft
2023
Built
About This Home
As of September 2026Rarely does a nearly new oceanfront residence with weekly rental eligibility become available in the heart of the Middle Keys. Welcome to Key Colony Beach Club, one of the area's premier waterfront communities.Built in 2023, this beautifully appointed 2-bedroom, 2-bath residence offers impact-rated glass, 9-foot ceilings, abundant natural light, and an expansive private balcony with breathtaking Atlantic Ocean views from both the living area and primary suite. Offered fully furnished and currently operating as a successful vacation rental, it's ready for immediate enjoyment or investment.Residents enjoy a heated oceanfront pool, private sandy beach, tiki huts, elevator access, a new fishing pier, private storage, and covered parking for two vehicles. The quarterly HOA includes building insurance, water, cable, and high-speed internet. Ideally located within walking distance to golf, pickleball, marinas, waterfront dining, and all that Key Colony Beach has to offer.
Last Agent to Sell the Property
Keller Williams Capital Realty License #3306691 Listed on: 07/07/2026
Last Buyer's Agent
Keller Williams Capital Realty License #3306691 Listed on: 07/07/2026
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Property Details
Home Type
Condominium
Year Built
2023
Lot Details
0 Sq Ft Lot
HOA Fees
$1,417 per month
Listing Details
- Prop. Type: Residential
- Property Sub Type: Condominium
- Property Sub Type Additional: Condominium
- Year Built: 2023
- Entry Level: 1
- New Construction: No
- DelayedMarketingYN: No
- Special Features: VirtualTour
Interior Features
- Interior Amenities: Bedroom on Main Level, Separate Shower
- Furnished: Furnished
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
- Full Bathrooms: 2
- Total Bedrooms: 2
- Flooring: Ceramic Tile
- Living Area: 972.0
- Stories: 3
Exterior Features
- Exterior Features: Balcony, Outdoor Living Area
- View: Ocean
- Pool Features: Association, Heated
- View: Yes
- Waterfront Features: Beach Access, Deeded Access, Ocean Front
- Waterfront: Yes
- Construction Type: Block
- Patio And Porch Features: Open, Balcony
- Property Condition: Resale
Garage/Parking
- Garage Yn: No
- Parking Features: Assigned, Guest
Utilities
- Security: Smoke Detector(s), Security Guard
- Cooling: Central Air, Ceiling Fan(s), Electric
- Cooling Y N: Yes
- Heating: Central, Electric
- Heating Yn: Yes
Condo/Co-op/Association
- Association Fee: 4250.0
- Pets Allowed: Yes
- Senior Community: Yes
- Amenities: Golf Course, Maintenance Grounds, Playground, Pool, Tennis Court(s), Trail(s), Elevator(s)
- Association Fee Frequency: Quarterly
- Association: Yes
- Pets Allowed: Yes
- Common Interest: Condominium
Fee Information
- Association Fee Includes: Maintenance Grounds, Sewer, Water
Schools
- Elementary School: Stanley Switlik
- High School: Coral Shores
- Middle Or Junior School: Marathon
Lot Info
- Parcel #: 00073990002800
- Mobile Dim Units: Feet
Tax Info
- Tax Year: 2025
- Tax Annual Amount: 6500.0
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
Jul 7, 2026
Closed on
Aug 31, 2026
Sold by
Joseph Reyes Michael and Reyes Family Revocable Trust
Bought by
Seller's Agent
Maria Acosta
Keller Williams Capital Realty
Buyer's Agent
Maria Acosta
Keller Williams Capital Realty
List Price
$749,000
Sold Price
$715,000
Premium/Discount to List
-$34,000
-4.54%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.46%
Purchase Details
Listed on
Jul 6, 2023
Closed on
Sep 27, 2023
Sold by
Stout Randy
Bought by
Reyes Family Revocable Trust and Reyes
Seller's Agent
Doug Addeo
Regional Trust Corporation
Buyer's Agent
Non Res Agent
Non Res Member
List Price
$899,000
Sold Price
$790,000
Premium/Discount to List
-$109,000
-12.12%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.35%
Original Mortgage
$592,500
Interest Rate
7.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2023
Sold by
Key Colony Beach Club Inc
Bought by
Stout Randy and Stout Tami
Purchase Details
Listed on
Apr 1, 2015
Closed on
Jul 9, 2015
Bought by
Stout Randy and Stout Tami
Seller's Agent
Bill Paulson
Prestige Realty Group MTH
Buyer's Agent
Lynn Lucas
Marathon Key Real Estate, Inc.
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Purchase Details
Listed on
Nov 10, 2013
Closed on
Mar 18, 2014
Bought by
Stout Randy and Stout Tami
Seller's Agent
Bill Paulson
Prestige Realty Group MTH
Buyer's Agent
Bill Paulson
Prestige Realty Group MTH
List Price
$219,000
Sold Price
$150,000
Premium/Discount to List
-$69,000
-31.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.06%
Purchase Details
Closed on
Feb 1, 1969
Bought by
Stout Randy and Stout Tami
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Key Colony Beach, FL
-
Natalie Ardis
-
Anneliese Dietrick
Anneliese Dietrick
Coldwell Banker Schmitt Lower Keys (KW)
(844) 666-4591
37 Total Sales
2 in Key Colony Beach
$1,100,000 Price Range
-
Victor Ruiz
Victor Ruiz
Move Miami, LLC.
(786) 828-5367
50 Total Sales
1 in Key Colony Beach
$1,120,000 Price
-
Lisa Ferringo
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
(786) 751-5529
568 Total Sales
15 in Key Colony Beach
$599K - $7.4M Price Range
-
Joseph Suarez
Joseph Suarez
Trustpoint Realty, LLC.
(786) 460-1090
41 Total Sales
5 in Key Colony Beach
$950K - $4.8M Price Range
-
David Cabarrocas
David Cabarrocas
Coldwell Banker Realty
(877) 511-5623
40 Total Sales
1 in Key Colony Beach
$12,000,000 Price
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $790,000 | Flamingo Title | |
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $300,000 | -- | |
| Warranty Deed | $150,000 | -- | |
| Warranty Deed | $12,000 | -- |
Source: Public Records
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $592,500 | New Conventional |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/01/2026 09/01/26 | Sold | $715,000 | -4.5% | $736 / Sq Ft | |
| 08/14/2026 08/14/26 | Pending | -- | -- | -- | |
| 07/07/2026 07/07/26 | For Sale | $749,000 | -5.2% | $771 / Sq Ft | |
| 09/28/2023 09/28/23 | Sold | $790,000 | -6.9% | $790 / Sq Ft | View Prior Sale |
| 08/10/2023 08/10/23 | Pending | -- | -- | -- | |
| 07/31/2023 07/31/23 | Price Changed | $849,000 | -5.6% | $849 / Sq Ft | |
| 07/06/2023 07/06/23 | For Sale | $899,000 | +199.7% | $899 / Sq Ft | |
| 07/13/2015 07/13/15 | Sold | $300,000 | -8.8% | $315 / Sq Ft | View Prior Sale |
| 06/08/2015 06/08/15 | Pending | -- | -- | -- | |
| 04/01/2015 04/01/15 | For Sale | $329,000 | +119.3% | $346 / Sq Ft | |
| 03/20/2014 03/20/14 | Sold | $150,000 | -31.5% | $154 / Sq Ft | View Prior Sale |
| 03/04/2014 03/04/14 | Pending | -- | -- | -- | |
| 11/10/2013 11/10/13 | For Sale | $219,000 | -- | $225 / Sq Ft |
Source: MIAMI REALTORS® MLS
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 | $7,045 | $694,203 | $694,203 | |
| 2024 | $1,494 | $642,088 | $642,088 | |
| 2023 | $1,494 | $101,025 | $0 | $101,025 |
| 2022 | $1,029 | $101,025 | $0 | $101,025 |
| 2021 | $1,075 | $101,025 | $0 | $101,025 |
| 2020 | $1,040 | $101,025 | $0 | $101,025 |
| 2019 | $1,041 | $101,025 | $0 | $101,025 |
| 2018 | $1,397 | $101,025 | $0 | $0 |
| 2017 | $2,753 | $254,162 | $0 | $0 |
| 2016 | $2,855 | $254,162 | $0 | $0 |
| 2015 | $1,917 | $157,081 | $0 | $0 |
| 2014 | $1,959 | $157,081 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Acosta
Seller's Agent in 2026
Maria Acosta
Keller Williams Capital Realty
(305) 322-1973
66 Total Sales
-
Doug Addeo
Seller's Agent in 2023
Doug Addeo
Regional Trust Corporation
(561) 218-6558
1,024 Total Sales
-
N
Buyer's Agent in 2023
Non Res Agent
Non Res Member
-
BP
Seller's Agent in 2015
Bill Paulson
Prestige Realty Group MTH
-
LL
Buyer's Agent in 2015
Lynn Lucas
Marathon Key Real Estate, Inc.
-
LL
Buyer's Agent in 2015
Lynn Lucas P.A.
Exit Realty Florida Keys MTH
Map
Source: MIAMI REALTORS® MLS
MLS Number: A12049453
APN: 00073990-002800
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
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