1133 W Ocean Drive 4, Key Colony, FL 33051 (MLS# 615023)

1133 W Ocean Drive 4, Key Colony, FL 33051

$999,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,929 Status: Active

Current Price: $999,000 List Date: 5/13/2025 Last Modified: 7/16/2025

Description

Welcome to this beautifully appointed tri-level townhome in the heart of Key Colony with direct ocean views and over 2,100 sq ft of living space with 3 bedrooms and 3 bathrooms. Conveniently located just 110 miles from Miami and 55 miles from Key West, this is an ideal full-time residence, vacation retreat, or investment opportunity. Enjoy a spacious open floor plan, a luxurious master suite with vaulted tongue-and-groove ceilings, a large walk-in closet, and a private balcony perfect for soaking in the stunning ocean views. This family-friendly community allows weekly vacation rentals and features outstanding amenities including a sandy beach, heated pool with hot tub, tennis court, covered parking, on-site property management, and storage. Pets up to 20 lbs. are welcome. As a bonus, Boat Rack 57C at The Boat House Marina in Marathon is included with the purchase. The marina offers scheduled in/out service, a dockmaster on site, fuel, a boat ramp, fish cleaning table, pool, and excellent access to both the ocean and gulf. Don't miss this incredible opportunity!

More Information MLS# 615023

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Bank Owned: No Species List: No Current Price: $999,000 Listing Date: 2025-05-13 List Price: $999,000

Location, Tax & Legal

Unit #: 4 City: KEY COLONY Off Shore Island: No Mile Marker: 53.5 Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca) Side: Ocean Flood Zone: AE,VE,AE,VE,AE Alternate Key #: 8637195 Add'l Parcel #1: 00100371-018900 Parcel #: 00078600-000500 Deed Restrictions: Yes Legal: KEY COLONY POINT A CONDOMINIUM UNIT 4 OR871-87/88 OR871-89/90 OR876-1887 OR881-2390 OR1350-1270/2 OR1663-1718 O41670-143 Taxes: 8956.01 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 1133 Direction: W Street Name: Ocean Street Suffix: Drive Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Key Colony Point (53.5) Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: Yes Control Depth: 0 Lot SqFt: 0 Unit/Complex: Unit Pool: Yes Lot Sqft Source: Tax Records Total Units: 31 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Townhouse Year Built: 1982 Living Apx SqFt: 1929 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Welcome to this beautifully appointed tri-level townhome in the heart of Key Colony with direct ocean views and over 2,100 sq ft of living space with 3 bedrooms and 3 bathrooms. Conveniently located just 110 miles from Miami and 55 miles from Key West, this is an ideal full-time residence, vacation retreat, or investment opportunity. Enjoy a spacious open floor plan, a luxurious master suite with vaulted tongue-and-groove ceilings, a large walk-in closet, and a private balcony perfect for soaking in the stunning ocean views. This family-friendly community allows weekly vacation rentals and features outstanding amenities including a sandy beach, heated pool with hot tub, tennis court, covered parking, on-site property management, and storage. Pets up to 20 lbs. are welcome. As a bonus, Boat Rack 57C at The Boat House Marina in Marathon is included with the purchase. The marina offers scheduled in/out service, a dockmaster on site, fuel, a boat ramp, fish cleaning table, pool, and excellent access to both the ocean and gulf. Don't miss this incredible opportunity!

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 3381.22 Assoc/Mnt Fee Per: Monthly

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Exterminating: 1 Sewer: 1 Water: 1

Dockage

Other Dockage: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 More Appliances: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets w/Restrictions: under 20 pounds

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Carpet: 1 Tile: 1 Wood: 1

Neighborhood Feature

Airstrip: 1 Bike Paths: 1 Community Boat Ramp: 1 Manager on Premises: 1 Tennis Courts: 1

Interior Features

Built-in Cabinets: 1 Cathedral Ceilings: 1 Drapes/Blinds Incl: 1 Entrance Foyer: 1 Granite Counter Top: 1 Split Bedroom: 1 Storage: 1 Walk-in Closet(s): 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Yes Townhouse: 1

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1 Sliding Glass Doors: 1

Vehicle Storage

Carport: 1

Security

Central Station Sys: 1 Patrolled Area: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 FHA: 1

Utilities

Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1

Title

Title Ins - Buyer: 1

Exterior Features

Tennis Court(s): 1

Pool Info

In Ground: 1 Heated: Yes

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Financial Status

Auction: No Bank Owned: No Standard Sale: Yes

Accessibility Feat

None: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Other Dockage Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Carport Furnished: Furnished Cooling: Central Air Heating: Central Utilities: Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Split Bedroom; Storage; Walk-in Closet(s) Pre-Wired: Cable Appliances: Dishwasher; Dryer; More Appliances; Oven; Range; Refrigerator; Washer Exterior Features: Tennis Court(s) Accessibility Feat: None Pool Info: In Ground Construction: CBS Floor: Carpet; Tile; Wood Roof: Metal Roof Neighborhood Feature: Airstrip; Bike Paths; Community Boat Ramp; Manager on Premises; Tennis Courts Security: Central Station Sys; Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA Title: Title Ins - Buyer

Listing Office: Ocean Sotheby's International

Last Updated: July - 16 - 2025

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.