601 W Ocean Drive 209D, Key Colony, FL 33051 (MLS# 615588)

601 W Ocean Drive 209D, Key Colony, FL 33051

$400,000

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,344 Status: Closed

Current Price: $400,000 List Date: 8/29/2025 Last Modified: 9/30/2025

Description

PRICED TO SELL!!! A rare opportunity at The Cay. This desirable corner unit is competitively priced for today's market. This bright and spacious 2 bedroom, 2.5 bath townhouse style condo offers water views from the primary bedroom and living room, along with a relaxing view of the pool from both the balcony and living area. As a corner unit, it provides extra privacy, more natural light, and only one shared wall. The Cay is a well kept oceanfront community featuring a heated pool, beachfront tiki hut, oceanfront clubhouse, and private sandy beach. The unit is fully furnished and turnkey, ready to move in or start generating rental income right away. Rentals are permitted with a 14 day minimum, making this a smart investment or ideal second home. Located in the heart of Key Colony Beach, you're just a short walk or bike ride to local restaurants, the golf course, tennis and pickleball courts, and Sunset Park. Perfect for catching the island's famous evening skies. This is Keys living made simple: Comfort, Location and Value all in one.

More Information MLS# 615588

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Species List: No Current Price: $400,000 Listing Date: 2025-06-21 Sold Price: $400,000

Location, Tax & Legal

Unit #: 209D City: KEY COLONY Mile Marker: 53.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,AE,AE,VE Alternate Key #: 1084280 Handicap Access: No Parcel #: 00078330-002100 Zoning: R-3 - Multi Unit Res Deed Restrictions: Unknown Legal: Apartment 209 D The Cay Condominium Shelter Key Key Colony Beach & 2.000% Common Elements Taxes: 5548.32 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 601 Direction: W Street Name: Ocean Street Suffix: Drive Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Cay Condo (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: Complex Pool: Yes Total Units: 0 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Style: Condo Year Built: 1975 Living Apx SqFt: 1344 Total Bedrooms: 2 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: PRICED TO SELL!!! A rare opportunity at The Cay. This desirable corner unit is competitively priced for today's market. This bright and spacious 2 bedroom, 2.5 bath townhouse style condo offers water views from the primary bedroom and living room, along with a relaxing view of the pool from both the balcony and living area. As a corner unit, it provides extra privacy, more natural light, and only one shared wall. The Cay is a well kept oceanfront community featuring a heated pool, beachfront tiki hut, oceanfront clubhouse, and private sandy beach. The unit is fully furnished and turnkey, ready to move in or start generating rental income right away. Rentals are permitted with a 14 day minimum, making this a smart investment or ideal second home. Located in the heart of Key Colony Beach, you're just a short walk or bike ride to local restaurants, the golf course, tennis and pickleball courts, and Sunset Park. Perfect for catching the island's famous evening skies. This is Keys living made simple: Comfort, Location and Value all in one. Directions: From Mile Marker 53.5 on Overseas Highway, turn at the light onto Sadowski Causeway. Then, make a right onto West Ocean Drive. The Cay will be on your left. The condo is in Building 2, Unit 209D.

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 5360 Assoc/Mnt Fee Per: Quarterly

Fee Includes

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

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Freezer: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Pets

No Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Oceanfront: 1

Waterview

Ocean View: 1

Floor

Carpet: 1 Tile: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Tennis Courts: 1

Interior Features

Entrance Foyer: 1 Split Bedroom: 1 Storage: 1

Building Style

Above Flood: Unknown Stories: 2 Stories

Windows/Doors

Aluminum Windows: 1 Sliding Glass Doors: 1

Vehicle Storage

Guest Parking: 1 Assigned Parking: 1

Security

Patrolled Area: 1

Construction

CBS: 1

Land Size

2 Less Than 5 Acres: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Title Ins - Buyer: 1

Exterior Features

Chickee Hut: 1 Fencing: 1 Sandy Beach: 1

Pool Info

In Ground: 1 Heated: Yes Concrete: 1

Pre-Wired

Cable: 1

Roof

Other Roof: 1

Financial Status

Standard Sale: Yes

Shutters

Accordion: 1

Status Change Info

Sold Date: 2025-09-30 Sold Price: $400,000 Status: Closed

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View Dockage: None Vehicle Storage: Assigned Parking; Guest Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Entrance Foyer; Split Bedroom; Storage Pre-Wired: Cable Appliances: Dishwasher; Dryer; Freezer; Microwave; Refrigerator; Washer Exterior Features: Chickee Hut; Fencing; Sandy Beach Pool Info: In Ground; Concrete Construction: CBS Shutters: Accordion Floor: Carpet; Tile Roof: Other Roof Pets: No Pets Allowed Neighborhood Feature: Beach; Bike Paths; Tennis Courts Security: Patrolled Area Land Size: 2 Less Than 5 Acres Terms: Cash; Conventional Title: Title Ins - Buyer

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: September - 30 - 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.