501 E Ocean Drive Unit 17
Key Colony, FL 33051
Map
- 2 beds
- 2 baths
- 1,008 sqft
- $717 per sqft
- 2023 build
- – on site
White sand oceanfront condo with breathtaking blue Ocean views constructed in 2023 with weekly rentals permitted. You deserve to live the island dream in this stunning, oceanfront condo, perfectly positioned in the heart of the Middle Keys. This modern coastal retreat boasts 10-foot ceilings, impact-rated windows and doors, and an open floor plan designed to maximize natural light and sweeping ocean views. The oversized balcony will extend your living, dining or just relaxing to gaze at the beautiful ocean views and meticulous grounds. Featuring two spacious ensuite bedrooms, this home offers both comfort and privacy--ideal for full-time living, a vacation getaway, or a weekly rental investment. Enjoy resort-style amenities including pickleball, golf, tennis, marina, playgrounds, and even a police department for peace of mind. Explore the city effortlessly--designed for walking and biking across 15 charming streets with access to Sunset Park, dining, shopping, and a convenient post office. Whether you're fishing, diving, snorkeling, or simply soaking in the views, this location is a paradise for outdoor lovers. Just 5 minutes to Marathon's Executive Airport, 1 hour to Key West International Airport and 2 hours to Miami International Airport, this property offers a rare combination of convenience and tranquility...come home to Key Colony Beach, the heart of the Florida Keys!
Last checked:
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Last updated Jun 15, 2025
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MLS# 613811 —
The Building
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Year Built:2023
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Construction:Concrete
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Style:Condo
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Unit #:17
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Exterior Features:Sandy Beach
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Windows/Doors:Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
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Roof:Metal Roof
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Porch/Balcony:Open Porch/Balcony
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Security:Patrolled Area
Interior
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Furnished:Unfurnished
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Floor:Tile
Location
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Directions:Overseas Hwy mile marker 53.5 turn at light onto Sadowski / KCB Causeway. Bear left onto E. Ocean Dr. To 501 E Ocean to th 2nd Tall Yellow Bldg on Right to- #17
The Property
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Parcel #:00073990-001700
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Property Condition:New Construction
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Total Lots:32.00
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Land Size:Less Than 1/4 Acre
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Waterfront:Oceanfront, Open Water
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Zoning:R-3 - Multi Unit Res
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Waterfront:Yes
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Waterview:Ocean View, Open Water View
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Flood Zone:AE,AE,VE,VE,AE
Listing Agent
- Contact info:
- Agent phone:
- (305) 393-9010
Taxes
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Tax Year:2024
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Taxes:6131.73
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Tax Exemptions:None
Beds
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Total Bedrooms:2
Baths
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Total Baths:2.00
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Full Baths:2
Heating & Cooling
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Heating:Electric
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Cooling:Central Air, Ceiling Fans(s)
Utilities
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Utilities:FKAA, Cable Available, Buyer to Verify, Community Swr Plant
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Pre-Wired:Cable
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
The Community
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Subdivision:Key Colony Bch Club (53.5)
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Neighborhood Features:Tennis Courts, Bike Paths, Airstrip, Beach, Manager on Premises
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Pool Info:In Ground, Decked
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Pool Info: Heated:Yes
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Dockage:None
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Pets: Pets w/Restrictions:Owners Only
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Fee Includes:Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
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Association Info: Association Fee $:1495.91
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Association Info: Mandatory Home Owners Asc:Yes
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Association Info: Assoc/Mnt Fee Per:Monthly
Parking
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Vehicle Storage:Guest Parking, Covered Parking, Off Street Parking
Monthly cost estimate
Asking price
$723,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,871
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| Taxes | $510 |
| Insurance | $198 |
| Utilities | $135 See report |
| Total | $4,714/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/23/25
May 23, 2025
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Price Changed | FLKMLS | $723,000 | -2.2% |
|
5/1/25
May 1, 2025
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Price Changed | FLKMLS | $739,000 | -1.3% |
|
4/15/25
Apr 15, 2025
|
Price Changed | FLKMLS | $749,000 | -1.4% |
