201 E Ocean Drive 311, Key Colony, FL 33051

$535,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 994 Status: Active
Current Price: $535,000 List Date: 9/11/2025 Last Modified: 12/15/2025

Description

Welcome to your slice of paradise in Key Colony Beach. This beautifully updated 3rd floor condo offers breathtaking, unobstructed views of the Atlantic Ocean from your private balcony, all while being ideally located in a quiet, private corner of the complex for the perfect blend of serenity and scenery. Inside, you'll find tile flooring throughout, an updated kitchen with granite counters, and modern tile bathrooms. A private washer and dryer and convenient elevator access provide everyday comfort. The entire complex has been recently and completely renovated, showcasing a beautiful array of resort style amenities. Enjoy direct access to a private sandy beach, relax by the oceanfront pool, or play a friendly game on the tennis and pickleball courts. A fishing pier adds to the coastal lifestyle, while the landscaped courtyards create a peaceful, community atmosphere. With on site management and bi weekly rentals allowed, this condo offers an excellent investment opportunity, and the owner already has rentals in place to help generate immediate income. Whether you are seeking a personal retreat or a strong investment property, this move in ready condo delivers the ultimate Florida Keys lifestyle.

More Information MLS# 616448

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Species List: No Current Price: $535,000 Listing Date: 2025-09-08 List Price: $535,000

Location, Tax & Legal

Unit #: 311 City: KEY COLONY Off Shore Island: No Mile Marker: 53.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: VE,AE,AE,VE,AE Alternate Key #: 1078310 Handicap Access: Yes Parcel #: 00073871-003400 Bldg Nbr: 1 Zoning: R-3 - Multi Unit Res Deed Restrictions: Unknown Legal: UNIT 311 CASA CLARA CONDO BLDG 1 OR716-492 OR893-650 OR1204-1040 OR1204-1041 OR1208-2444/66 OR1211-44/45 OR1232-1662 OR Taxes: 4122.5 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 201 Direction: E Street Name: Ocean Street Suffix: Drive Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Casa Clara (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: 1 Lot SqFt: 0 Unit/Complex: Complex Pool: Yes Lot Sqft Source: Property Data Card Total Units: 0 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 14 Floor Number: 3 Style: Condo Year Built: 1975 Living Apx SqFt: 994 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Welcome to your slice of paradise in Key Colony Beach. This beautifully updated 3rd floor condo offers breathtaking, unobstructed views of the Atlantic Ocean from your private balcony, all while being ideally located in a quiet, private corner of the complex for the perfect blend of serenity and scenery. Inside, you'll find tile flooring throughout, an updated kitchen with granite counters, and modern tile bathrooms. A private washer and dryer and convenient elevator access provide everyday comfort. The entire complex has been recently and completely renovated, showcasing a beautiful array of resort style amenities. Enjoy direct access to a private sandy beach, relax by the oceanfront pool, or play a friendly game on the tennis and pickleball courts. A fishing pier adds to the coastal lifestyle, while the landscaped courtyards create a peaceful, community atmosphere. With on site management and bi weekly rentals allowed, this condo offers an excellent investment opportunity, and the owner already has rentals in place to help generate immediate income. Whether you are seeking a personal retreat or a strong investment property, this move in ready condo delivers the ultimate Florida Keys lifestyle.

Association Info

Mandatory Home Owners Asc: Yes Voluntary Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 2983.14 Assoc/Mnt Fee Per: Quarterly

Fee Includes

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

Dockage

Dock: Composite

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets w/Restrictions: request info

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Building Style

Above Flood: Yes Stories: 3 Stories

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Cash: 1 Conventional: 1 Seller Finance Psble: 1

Utilities

Cable Available: 1 FKAA: 1 Municipal Sewer: 1

Pool Info

In Ground: 1 Heated: Yes Decked: 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 Utilities: Cable Available; FKAA; Municipal Sewer Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Pool Info: In Ground; Decked Construction: CBS Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; Seller Finance Psble
Listing Office: Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key
Last Updated: December - 15 - 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.