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$549,000

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,343 Sq. Ft.
  • Updated 13 days ago
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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.

Full Property Details for 601 W Ocean Dr #410

General

  • Price: $549,000
  • HOA FEE: $1,787/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $4,683 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: 927
  • MLS ID: 618507
  • Updated: 5/13/2026
  • Added to Site: 110 day(s) ago

Interior

  • Interior Features: Smoke Alarms, Window Treatments
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Tile, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Manager on Premises, Bike Paths, Beach, Tennis Court(s), Airport/Runway
  • Pool: Yes
  • Pool Description: Concrete, Heated, In Ground, Decked
  • Security/Safety: Patrolled Area

Exterior

  • Exterior Features: Chickee Hut, Outdoor Shower, Sandy Beach
  • Deck/Patio: Open Porch/Balcony
  • Porch/Patio/Deck: Open Porch/Balcony

Parking

  • Parking Features: Guest, Assigned

Location

  • Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
  • County: Monroe
  • Subdivision: Cay Condo (53.5)
  • Driving Directions: Overseas Hwy Mile Marker 53.5 turn at light onto Sadowski/KCB Causeway. Left onto W. Ocean Drive. The Cay is immediately on left. Follow left drive to #410 on right closer to beach

Community

  • Association: Yes
  • Assoc. Fees Include: Bldg Exterior Mnt, Building Insurance, Cable TV, Common Area Mnt, Exterminating, Sewer, Water

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fans(s)

Structural Information

  • Architectural Style: Above Flood, Townhouse
  • Construction Status: Updated/Remodeled
  • Construction: CBS
  • Roof: Other
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors, Shutters
  • Square Feet: 1,343
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1975
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Building: 50
  • Unit Type: Complex

Lot Features

  • Property View: Ocean
  • Lot Size Source: Property Data Card
  • Zoning: R-3 - Multi Unit Res

Water Features

  • Water Front: Yes
  • Water Front Desc.: Oceanfront

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $5,360
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $4,683.3
  • Tax Year: 2025

Disclosures and Reports

  • Flood Zone: AE, VE

Listed by Ocean Sotheby's International, Karen D Raspe (305) 393-9010 and Ocean Sotheby's International, Ally Kelley (727) 459-0493

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Listing agents

— 601 W Ocean Dr #410 —

  • Karen D Raspe

    Ocean Sotheby's International

  • Ally Kelley

    Ocean Sotheby's International

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 601 W Ocean Dr #410 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Listed
$549,000
219.19%
MLS
12/14/1999
Sold
$172,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 601 W Ocean Dr #410

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,916
—
$476,027
-14%
2024
$4,916
7%
$550,692
1%
2023
$4,600
28%
$543,480
75%
2021
$3,583
-4%
$310,702
-8%
2022
$3,741
4%
$338,518
20%
2021
$3,583
16%
$283,012
5%
2019
$3,076
13%
$268,771
10%
2018
$2,727
-8%
$244,337
-12%
2017
$2,980
-4%
$279,213
—
2016
$3,092
4%
$279,213
4%
2015
$2,983
—
$267,725
5%
2014
$2,980
8%
$255,763
10%
2013
$2,766
—
$232,512
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Ocean Sotheby's International, Karen D Raspe (305) 393-9010 and Ocean Sotheby's International, Ally Kelley (727) 459-0493

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601 W Ocean Drive #410, Key Colony, FL 33051 (MLS# 618507) is a Townhouse property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 601 W Ocean Drive #410 is currently listed for $549,000 and was received on February 06, 2026. Want to learn more about 601 W Ocean Drive #410? Do you have questions about finding other Townhouse real estate for sale in Key Colony? You can browse all Key Colony real estate or contact a Coldwell Banker agent to request more information.

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