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201 E Ocean Drive UNIT 1-311
Key Colony FL 33051 US

$525,000

Active Listing ID 616448
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2 bed
bath icon
2.00 Bath (2 Full)
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Condominium

$525,000

Active Listing ID 616448
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201 E Ocean Drive UNIT 1-311 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. GREAT NEW PRICE! Don't miss out on this amazing opportunity!

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 2
  • Additional Features
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 525000
  • unparsedaddress: 201 E Ocean Drive
  • unitnumber: UNIT 1-311
  • postalcity: Key Colony
  • stateorprovince: FL
  • country: US
  • postalcode: 33051
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 994
  • livingareaunits: Square Feet
  • latitude: 24.721528
  • longitude: -81.013447
  • listagentfullname: Darlene Alferes
  • listagentemail: darlene@keysrealestate.com
  • listagentkey: 3yd-KWARFL-20241209193711788434000000
  • listagentmlsid: 20241209193711788434000000
  • listagentpreferredphone: 3054076925
  • listagentofficephone: 3057354962
  • listofficekey: 3yd-KWARFL-20240906174025612879000000
  • listagentstatelicense: 3610911
  • listofficemlsid: 20240906174025612879000000
  • disclaimer: Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KWARFL
  • yearbuilt: 1975
  • listagenturl: http://www.keysrelestate.com
  • countyorparish: Monroe
  • parcelnumber: 00073871-003400
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • view: Ocean, Water
  • waterfrontyn: True
  • waterfrontfeatures: Oceanfront, Waterfront
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.01345, 24.721527
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Quarterly", "ExpenseValue":2983.139892578125}], "GeocodeOptions":null, "LeadRoutingEmail":"darlene@keysrealestate.com", "ListBrokerageCity":"Big Pine Key", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key", "ListBrokeragePhone":"(305) 735-4962", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 7", "ListBrokerageUnparsedAddress":"30085 Overseas Highway", "ListBrokerageWebsiteUrl":"http://www.keysrelestate.com", "ListOfficeAddress1":"30085 Overseas Highway", "ListOfficeAddress2":"Suite 7", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Big Pine Key", "ListOfficeCountry":"US", "ListOfficeEmail":"Will@keysrealestate.com", "ListOfficePostalCode":"33043", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential - Condo/Townhouse - Key Colony, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/201-E-Ocean-Dr-311_Key-Colony-Beach_FL_33051_M57901-92982?f=listhub&s=KWARFL&m=616448&c=rexren", "MLSModificationTimestamp":"2025-12-18T09:48:39Z", "Neighborhoods":[{"Description":null, "Name":"17 - Vaca Cut - Both Sides Holiday Inn/Key Colony"}], "PostalCode":null, "RawPropertySubType":"Residential - Condo/Townhouse", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4122.5, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/18/2025 5:33:27 PM GMT
Source Updated Date: 12/19/2025 12:52:45 PM GMT

Courtesy of: Darlene Alferes, Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key, darlene@keysrealestate.com

Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.