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601 W Ocean Drive UNIT 410
Key Colony FL 33051 US

$549,000

Active Listing ID 618507
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2 bed
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3.00 Bath (2 Full , 1 Half)
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Condominium

$549,000

Active Listing ID 618507
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601 W Ocean Drive UNIT 410 Escape to paradise in this spacious townhouse style condominium with stunning beach and ocean views, perfectly positioned at The Cay Condos in the heart of Key Colony Beach. Let the sights and sounds of the Atlantic set the tone for relaxed island living as gentle sea breezes and endless blue horizons become part of your everyday backdrop. Offering over 1, 300 square feet of thoughtfully designed living space with two bedrooms, two and one half bathrooms, this residence provides ample room to entertain, unwind, and create unforgettable memories with family and friends. The open layout is ideal for gathering after a day on the water or enjoying quiet mornings with coffee overlooking the beach. The Cay is a well established, beachfront community featuring white sandy shoreline, newly refreshed pool completed last year, and on-site management. With a highly desirable 14 day minimum rental policy, this property presents excellent income potential and remains consistently rented throughout the season. The association is meticulously managed and well funded, plus has completed both the Milestone Inspection and SIRS Reserve Study, offering added confidence for long term ownership. Whether you are seeking a serene retirement retreat, a lock and leave vacation getaway, or a proven investment property, this beachside residence delivers the best of coastal living. Enjoy an unbeatable location close to dining, marinas, walking and biking paths, and all the amenities that make Key Colony Beach the true gem of the Florida Keys.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 1
  • Cooling System: Ceiling Fan(s)
  • Exterior Finish: Chickee Hut, Sandy Beach, Outdoor Shower
  • Floor Covering: Carpet, Tile
  • Roof Type: Other
  • Additional Features
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 549000
  • unparsedaddress: 601 W Ocean Drive
  • unitnumber: UNIT 410
  • postalcity: Key Colony
  • stateorprovince: FL
  • country: US
  • postalcode: 33051
  • bathroomsfull: 2
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 1343
  • livingareaunits: Square Feet
  • latitude: 24.720372
  • longitude: -81.01836
  • listagentfullname: Karen D Raspe
  • listagentemail: karenraspe@bellsouth.net
  • listagentkey: 3yd-MLKARFL-20091019143324980115000000
  • listagentmlsid: 20091019143324980115000000
  • listagentpreferredphone: 3053939010
  • listagentofficephone: 3057354447
  • listofficekey: 3yd-MLKARFL-20110510131323450804000000
  • listagentstatelicense: 3226605
  • listofficemlsid: 20110510131323450804000000
  • disclaimer: Copyright © 2026 Marathon and Lower Keys 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: MLKARFL
  • yearbuilt: 1975
  • listagentfax: 8008647769
  • listagenturl: http://www.karenraspe.com
  • countyorparish: Monroe
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • cooling: Ceiling Fan(s)
  • flooring: Carpet, Tile
  • numberofunitstotal: 50
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Assigned, Guest
  • roof: Other
  • view: Ocean
  • waterfrontyn: True
  • franchiseaffiliation: Sotheby's International Realty
  • interiorfeatures: Smoke Alarms, Window Treatments
  • exteriorfeatures: Chickee Hut, Sandy Beach, Outdoor Shower
  • waterfrontfeatures: Oceanfront, Waterfront
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.01836, 24.720371
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Ocean Sotheby's International Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":null, "ExpenseValue":5360}], "GeocodeOptions":null, "LeadRoutingEmail":"karenraspe@bellsouth.net", "ListBrokerageCity":"Marathon", "ListBrokerageCountry":"US", "ListBrokerageEmail":"JOANNINTHEKEYS@GMAIL.COM", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLKARFL/e61253f1f07b11e1bf991231390a4a42/20200104174425107.png", "ListBrokerageName":"Ocean Sotheby's International Realty", "ListBrokeragePhone":"(305) 735-4095", "ListBrokeragePostalCode":"33050", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"10055 Overseas Highway", "ListBrokerageWebsiteUrl":"http://oceansir.com", "ListOfficeAddress1":"12420 Overseas Highway", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20060624040424453198000000", "ListOfficeCity":"Marathon", "ListOfficeCountry":"US", "ListOfficeEmail":"lvarney@oceansir.com", "ListOfficePostalCode":"33050", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential - Condo/Townhouse - Key Colony, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/601-W-Ocean-Dr-410_Key-Colony-Beach_FL_33051_M67615-17328?f=listhub&s=MLKARFL&m=618507&c=rexren", "MLSModificationTimestamp":"2026-02-06T07:59:42Z", "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":4683.3, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/6/2026 3:07:15 PM GMT
Source Updated Date: 2/14/2026 6:53:47 PM GMT

Courtesy of: Karen D Raspe, Ocean Sotheby's International, karenraspe@bellsouth.net

Copyright © 2026 Marathon and Lower Keys 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.