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501 E Ocean Dr # 28, Key Colony FL 33051

Condo/Co-op Recently Sold
$715,000

BTC: 9.09090909

ETH: 282.55285517

Sold on: 2026-09-01
29 days
Waterfront
2 bds
2 ba
972 sqft

Overview

Rarely 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.

Location

Details

Type:
Residential
Parking:
Assigned / Guest / Limited # Of Vehicle
Year Built:
2023
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$771
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
$4,250

Highlights

Annual tax
$6,500
2025
HOA
$4,250/qtr
View
Ocean View
Waterfront
Ocean Front
Furnished
Furnished,Unfurnished
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Guest

    • Limited # Of Vehicle

    Property

    • Exterior Features: None / Open Balcony

    Other Property Information

    • Parcel Number: 00073990-002800

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $4,250

    • HOA Frequency: Quarterly

    • Annual tax amount: $6,500

  • Source details

    • MLS ID: A12049453

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Waterfront: Yes

    • Living Area: 972

    • Subdivision Name: KEY COLONY BEACH CLUB

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Capital Realty