$490,000
$109K PRICE DROP

601 W Ocean Dr Unit 203A Key Colony Beach, FL 33051

Estimated payment $4,790/month

Total Views 7,964
2 Beds
2 Baths
1,234 Sq Ft
$397 Price per Sq Ft

Highlights

  • Ocean Front
  • Beach
  • Heated In Ground Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • Furnished

About This Home

We're thrilled to share some exciting news, a fantastic price improvement just in time for your summer vacation! Nestled right between Key Largo and Key West, you'll discover a lovely condo association with a gorgeous beach and inviting turquoise waters--perfect for your getaway!This charming ground-level condo features two cozy bedrooms and two bathrooms, offering a wonderful spot that's close enough to the fun of Key West and Key Largo while still being a peaceful retreat where you can relax and unwind.You'll love how easy it is to explore everything the area has to offer! Whether you're in the mood for dining at local favorites, indulging in some shopping, or setting off on exciting fishing and diving adventures, all your favorites are just a short bike ride or a leisurely stroll away. And don't forget to check out Sunset Park while you're at it!Unit 203A is in the rental pool and can be rented for a minimum of 14 days, making it a great investment opportunity. Plus, it's fully furnished and turnkey--just pack your suitcase and enjoy your stay! Reservations for the season are already starting, so don't miss your chance to experience this fantastic getaway!

Listing Agent

Jeannine Cook

Rook Realty License #3243817 Listed on: 04/12/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $1,787 Monthly HOA Fees

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,234 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Single Hung Windows
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00078330-001500

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt, water, sewer
  • 50 Units
  • Cay Condo Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,040

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,787 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 5360.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • Min Rental Days: 14.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Manager on Premises, Bike Paths, Beach
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 5040.00
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1975
  • Alternate Key Number: 1084221
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1234.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Windows/Doors: Single Hung Windows, Aluminum Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Sandy Beach
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,AE,VE
  • Parcel Number: 00078330-001500
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 50.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $4,810 $544,706 -- $544,706
2023 $4,810 $570,772 $0 $570,772
2022 $3,909 $356,108 $0 $356,108
2021 $3,746 $326,975 $0 $326,975
2020 $3,347 $298,024 $0 $298,024
2019 $3,422 $305,906 $0 $305,906
2018 $3,145 $289,362 $0 $0
2017 $2,371 $252,732 $0 $0
2016 $2,406 $247,534 $0 $0
2015 $2,379 $245,813 $0 $0
2014 $1,759 $182,700 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2025 08/25/25 Price Changed $490,000 -9.1% $397 / Sq Ft
05/28/2025 05/28/25 Price Changed $539,000 -6.3% $437 / Sq Ft
05/06/2025 05/06/25 Price Changed $575,000 -4.0% $466 / Sq Ft
04/12/2025 04/12/25 For Sale $599,000 +62.8% $485 / Sq Ft
05/09/2018 05/09/18 Sold $368,000 -10.2% $294 / Sq Ft View Prior Sale
03/12/2018 03/12/18 Pending -- -- --
03/13/2017 03/13/17 For Sale $409,900 +32.2% $328 / Sq Ft
06/30/2014 06/30/14 Sold $310,000 -8.6% $251 / Sq Ft View Prior Sale
05/12/2014 05/12/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $339,000 -- $275 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $368,000 None Listed On Document
Warranty Deed $368,000 None Listed On Document
Warranty Deed $310,000 Attorney
Warranty Deed $166,000 --
Deed $64,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Closed $260,000 New Conventional
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 614584

Florida Keys Board of REALTORS®

APN: 00078330-001500