White sand oceanfront condo with breathtaking blue Ocean views constructed in 2023 with weekly rentals permitted. You deserve to live the island dream in this stunning, oceanfront condo, perfectly positioned in the heart of the Middle Keys. This modern coastal retreat boasts 10-foot ceilings, impact-rated windows and doors, and an open floor plan designed to maximize natural light and sweeping ocean views. The oversized balcony will extend your living, dining or just relaxing to gaze at the beautiful ocean views and meticulous grounds. Featuring two spacious ensuite bedrooms, this home offers both comfort and privacy--ideal for full-time living, a vacation getaway, or a weekly rental investment. Enjoy resort-style amenities including pickleball, golf, tennis, marina, playgrounds, and even a police department for peace of mind. Explore the city effortlessly--designed for walking and biking across 15 charming streets with access to Sunset Park, dining, shopping, and a convenient post office. Whether you're fishing, diving, snorkeling, or simply soaking in the views, this location is a paradise for outdoor lovers. Just 5 minutes to Marathon's Executive Airport, 1 hour to Key West International Airport and 2 hours to Miami International Airport, this property offers a rare combination of convenience and tranquility...come home to Key Colony Beach, the heart of the Florida Keys!
New construction
Price cut: $8K (7/16)
$715,000
501 E Ocean Dr APT 17, Key Colony Beach, FL 33051
2beds
1,008sqft
Est.:
Condominium, Residential - Condo/Townhouse
Built in 2023
-- sqft lot
$701,600 Zestimate®
$709/sqft
$1,496/mo HOA
What's special
Oceanfront condoOpen floor planSweeping ocean viewsBreathtaking blue ocean viewsModern coastal retreatImpact-rated windows and doorsSpacious ensuite bedrooms
- 163 days
- on Zillow |
- 385 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 01:12am
Listed by:
Karen D Raspe, PA 305-393-9010,
Ocean Sotheby's International,
Ally Kelley 727-459-0493,
Ocean Sotheby's International
Source: FLKMLS,MLS#: 613811
Originating MLS: Marathon/Lower Keys

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
Features
- Flooring: Tile
- Doors: Sliding Glass Doors, Impact Rstnce Doors
- Windows: Impact Rstnce Window
Interior area
- Total interior livable area: 1,008 sqft
Property
Parking
- Parking features: Guest, Covered, Off Street
Features
- Patio & porch: Open Porch/Balcony
- Exterior features: Sandy Beach
- Has private pool: Yes
- Pool features: Heated, In Ground, Decked
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Oceanfront, Open Water, Waterfront, Sandy Beach, Dockage: None
Lot
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00073990001700
- Zoning: R-3
- Zoning description: Multi Unit Res
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential - Condo/Townhouse
Materials
- Concrete
- Roof: Metal
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Community Swr Plant, Public Sewer
- Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected
Community & HOA
Community
- Features: Tennis Court(s), Bike Paths, Airport/Runway, Beach, Manager on Premises
- Security: Patrolled Area
- Subdivision: Key Colony Bch Club (53.5)
HOA
- Has HOA: Yes
- Services included: Cable TV, Maintenance Grounds, Building Insurance, Maintenance Structure, Water, Sewer
- HOA fee: $1,496 monthly
Location
- Region: Key Colony Beach
Financial & listing details
- Price per square foot: $709/sqft
- Tax assessed value: $580,417
- Annual tax amount: $6,131
- Date on market: 2/21/2025
- Loading
- Loading