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601 W Ocean Drive DRIVE #316-D

KEY COLONY, FL 33051
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Bed 2

Bed

Bath 3

Bath

SqFt1,343

Sqft

Oceanfront Paradise Awaits at The Cay! 50K Price Reduction - Priced to Sell! Experience the ultimate Keys lifestyle in this pristine, never-before-rented 2-bedroom, 2.5-bathroom townhouse-style condominium. Boasting 1,343 square feet of beautifully updated living space, this residence features stunning, ocean views from the living room balcony plus bonus ocean and sunset views from the guest bedroom balcony. Inside, enjoy a flawlessly updated interior with luxury vinyl plank flooring downstairs, a renovated kitchen, stylish baths, and brand-new carpeting upstairs. It feels more like a home than a condo. Leave the windows open at night to the gentle sound of the ocean lapping against the beach--a soothing natural soundtrack perfect for relaxing and falling asleep.Situated just one unit back from the open ocean, the property is surrounded by lush tropical landscaping and offers premium community amenities, including a sparkling pool, a community room overlooking the ocean, and a sandy beach complete with a tiki hut.While this turnkey property offers excellent rental potential for savvy investors or part-time residents, The Cay's 14-day minimum rental restriction ensures a peaceful, exclusive atmosphere. It truly feels less like a busy high-turnover hotel and more like your private, quiet coastal sanctuary.Perfectly situated in the heart of Key Colony Beach, this premier location immerses you in the highly desirable lifestyle of ''The Gem of the Florida Keys.'' This incorporated island city offers an unmatched, relaxed atmosphere complete with its own walking and bike paths, scenic waterfront park (Sunset Park), a par-3 golf course, tennis and pickleball courts, and a vibrant selection of waterfront dining and charter fleets just minutes away.

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Detail Ic Property Details

Property Type : Residential - Condo/Townhouse

Price : $585,000

AD Id : 79703943

MLS Id : 620070

Beds : 2

Living Area Size : 1,343 Sq. Ft

Tax Amount : $5,484.49

Year Built : 1975

County : Monroe

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1
  • Interior Features

    Drapes/Blinds Incl,Sky Light(s),Quartz Countertops,Entrance Foyer,Split Bedroom Appliances: Washer,Stainless Steel Appliance(s),Microwave,Oven,Range,Refrigerator,Dishwasher,Dryer
  • Roofing Information

    Other Roof

    Flooring Information

    Tile,Carpet,Vinyl

    Heating & Cooling

    Cooling: Central Air,Ceiling Fans(s) Water Front: Yes Oceanfront,Open Water Ocean View,Open Water View

    Window Information

    Window Treatments: Sliding Glass Doors,Impact Rstnce Doors,Aluminum Windows

  • Building Information

    Year Built: 1975 Total Units: 0.00 Floor Location: 0 Construction: CBS,Concrete Security System: Patrolled Area Roof: Other Roof
  • Exterior Features

    Chickee Hut,Sandy Beach

    Pool Information

    In Ground,Decked,Concrete Heated: Yes

  • Lot Information

    Lot Dimensions: X Lot SqFt: 0 APT 316-D THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH
  • Property Information

    SQ ft (Living Area): 1,343 View: Ocean View,Open Water View Subdivision: Cay Condo (53.5) Stories: 2 Stories

  • Listing Price Information

    List Price: $585,000
  • Listing Information

    No Seller Finance,Cash,Conventional

  • Tax Information

    Taxes: $5,484 Tax Year: 2025 Parcel Number: 00078330-003500 Tax Exemptions: None

  • Multi-Unit Information

    Pets Allowed: No Pets Allowed
  • Homeowners Association Information

    Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee: $0.00 Maintenance Fee: $6025.00 Assoc/Mnt Fee Per: Quarterly

  • Utility Information

    FKAA,Elect Separate Meter,Cable Available,Buyer to Verify,Municipal Sewer
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ByOwner last updated this listing 10/06/2026 @ 22:25

MLS: 620070 LISTED BY: Amy Puto , Coldwell Banker Schmitt Real Estate Co. 305-743-5181 SOURCE: Florida Keys MLS, Inc.

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