$400,000
SOLD SEP 30, 2025

601 W Ocean Dr Unit 209D Key Colony Beach, FL 33051

2 Beds
2.5 Baths
1,344 Sq Ft
$1,787/mo HOA Fee

Recently Sold

$298 Per Sq Ft

18% Below List Price

86 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Concrete Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • Furnished

About This Home

As of September 2025

PRICED TO SELL!!!A rare opportunity at The Cay. This desirable corner unit is competitively priced for today's market.This bright and spacious 2 bedroom, 2.5 bath townhouse style condo offers water views from the primary bedroom and living room, along with a relaxing view of the pool from both the balcony and living area. As a corner unit, it provides extra privacy, more natural light, and only one shared wall.The Cay is a well kept oceanfront community featuring a heated pool, beachfront tiki hut, oceanfront clubhouse, and private sandy beach. The unit is fully furnished and turnkey, ready to move in or start generating rental income right away. Rentals are permitted with a 14 day minimum, making this a smart investment or ideal second home.Located in the heart of Key Colony Beach, you're just a short walk or bike ride to local restaurants, the golf course, tennis and pickleball courts, and Sunset Park. Perfect for catching the island's famous evening skies.This is Keys living made simple: Comfort, Location and Value all in one.

Last Agent to Sell the Property

Jesus Parra

Coldwell Banker Schmitt Real Estate Co. License #3589805 Listed on: 06/21/2025

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Jesus Parra

Coldwell Banker Schmitt Real Estate Co. License #3589805 Listed on: 06/21/2025

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,548

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced

HOA Fees

  • $1,787 Monthly HOA Fees

Interior Spaces

  • 1,344 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Ocean Views
  • Monitored

Kitchen

  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Balcony
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00078330-002100

Community Details

Overview

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

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,548

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,787 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • 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
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Beach
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5548.32
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1975
  • Alternate Key Number: 1084280
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1344.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Split Bedroom, Storage, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Freezer, Microwave, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Sandy Beach, Fencing
  • Roof: Other Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,AE,VE
  • Parcel Number: 00078330-002100
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2025
Closed on
Sep 30, 2025
Sold by
Chinchar Douglas and Chinchar Sarah
Bought by
Flawless Properties Llc
Seller's Agent
Jesus Parra
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Jesus Parra
Coldwell Banker Schmitt Real Estate Co.
List Price
$485,000
Sold Price
$400,000
Premium/Discount to List
-$85,000
-17.53%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1098.02%

Purchase Details

Closed on
Sep 29, 2023
Sold by
Chinchar David E and Chinchar Doris Gail
Bought by
Chinchar Douglas and Chinchar Sarah

Purchase Details

Closed on
Nov 21, 2000
Sold by
Jo Theodore R and Jo Lee Scarborough
Bought by
Chinchar David E and Chinchar Doris G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1998
Sold by
Lois Ronald L and Lois Stevens
Bought by
Scarborough Theodore R and Scarborough Jo L

Purchase Details

Closed on
Feb 1, 1989
Bought by
Chinchar David E and Chinchar Doris Gail

Purchase Details

Closed on
Jun 1, 1979
Bought by
Chinchar David E and Chinchar Doris Gail
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Warranty Deed $500,000 Title Services Corporation
Warranty Deed $500,000 Title Services Corporation
Warranty Deed $225,000 --
Warranty Deed $185,000 --
Warranty Deed $129,500 --
Deed $33,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $400,000 -11.1% $298 / Sq Ft
09/15/2025 09/15/25 Pending -- -- --
08/18/2025 08/18/25 Price Changed $450,000 -7.2% $335 / Sq Ft
06/21/2025 06/21/25 For Sale $485,000 -- $361 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

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 $2,808 $518,883 -- $518,883
2023 $2,808 $280,033 $0 $0
2022 $2,702 $271,877 $0 $0
2021 $2,698 $263,959 $0 $263,959
2020 $2,585 $260,315 $0 $260,315
2019 $2,526 $254,463 $0 $254,463
2018 $2,397 $249,719 $0 $0
2017 $2,297 $244,583 $0 $0
2016 $2,331 $239,553 $0 $0
2015 $2,303 $237,888 $0 $0
2014 $2,336 $236,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jesus Parra

    Coldwell Banker Schmitt Real Estate Co.

    (786) 282-9281

    2 in this area

    7 Total Sales

    Jesus Parra
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 615588

APN: 00078330-002100

Florida Monroe County Key Colony Beach 33051

601 W Ocean Dr Unit 209D, Key Colony Beach, FL

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