$625,000

601 W Ocean Dr Unit 407 Key Colony Beach, FL 33051

Estimated payment $5,491/month

2 Beds
2.5 Baths
1,475 Sq Ft
$424 Price per Sq Ft

Highlights

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

About This Home

Spacious and thoughtfully updated, this two-story condo offers the largest floorplan in the community, its wider layout creating a natural sense of ease from the moment you step inside. The interiors pair clean, modern finishes with a light, coastal palette--an elevated take on beachside living that feels sophisticated yet relaxed. The result is a cohesive, move-in-ready atmosphere that immediately feels like home. The main level opens to an expanded terrace, where courtyard and pool views set a calm backdrop for everyday living. The flow between the living, dining, and kitchen areas feels welcoming--equally suited for quiet mornings or relaxed evenings with friends. Upstairs, both bedrooms offer their own retreat-like feel. Wake to courtyard views in the primary suite or step onto the guest bedroom's private terrace for a peaceful start to the day. With each bedroom featuring its own bath, the upper level provides comfort, privacy, and room to unwind. Set within an oceanfront community with a white sand beach, oceanside deck, and community room--and centrally located in Key Colony Beach with its walkable streets and relaxed island energy--this condo invites you to experience an effortless Keys lifestyle in a beautifully maintained setting.

Listing Agent

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758 Listed on: 11/20/2025

Berkshire Hathaway HomeServices Keys Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $1,787 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,475 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Monitored

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Airstrip
  • Balcony
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00078330-004300

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt, water, sewer
  • 50 Units
  • Key Colony Bch 1St Addn Amd Plat Subdivision

Amenities

  • Clubhouse

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,837

Year Built

Built in 1975 | Remodeled

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
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 14.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Bike Paths, Airstrip, Beach, Manager on Premises, Tennis Courts
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4836.61
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking
  • Year Built: 1975
  • Alternate Key Number: 1084506
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1475.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Entrance Foyer, Window Treatments, Granite Counter Top
  • Floor Number: 2.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

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

Utilities

  • Security: Patrolled Area
  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00078330-004300
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 50.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,617 $530,875 -- $530,875
2023 $4,617 $556,639 $0 $556,639
2022 $3,714 $335,656 $0 $335,656
2021 $3,554 $307,765 $0 $307,765
2020 $3,176 $280,345 $0 $280,345
2019 $3,208 $286,767 $0 $286,767
2018 $2,840 $256,550 $0 $0
2017 $3,116 $294,322 $0 $0
2016 $3,235 $294,322 $0 $0
2015 $3,235 $293,820 $0 $0
2014 $3,231 $293,820 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $625,000 -- $424 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed $162,000 --
Deed $68,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $146,000 No Value Available
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 617388

APN: 00078330-004300