Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$490,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,234 Sq. Ft.
  • Updated 5 days ago
See This Home
Save This Home
See This Home
Save This Home
Seasonal tenants are in place, and no showings until mid-March.This fully furnished, 2BR/2BA, 1,234 sq. ft. turnkey condo is waiting for you to add your holiday charm! The ground-floor level condo has a 14-day rental minimum.Nestled right between Key Largo and Key West, you'll discover a lovely condo association with a gorgeous beach and inviting turquoise waters--perfect for your getaway!This charming ground-level condo features two cozy bedrooms and two bathrooms, offering an excellent spot that's close enough to the fun of Key West and Key Largo while still being a peaceful retreat where you can relax and unwind.You'll love how easy it is to explore everything the area has to offer! Whether you're in the mood for dining at local favorites, indulging in some shopping, or setting off on exciting fishing and diving adventures, all your favorites are just a short bike ride or a stroll away. And don't forget to check out Sunset Park while you're at it!Unit 203A is in the rental pool, making it a great investment opportunity. Reservations for the season are already starting, so don't miss your chance to experience this fantastic getaway!

Full Property Details for 601 W Ocean Dr #203A

General

  • Price: $490,000
  • HOA FEE: $2,008/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $4,992 (2025)
  • Status: Active
  • Type: Condo
  • Source: 927
  • MLS ID: 614584
  • Updated: 1/10/2026
  • Added to Site: 279 day(s) ago

Interior

  • Interior Features: Drapes/Blinds Incl, Window Treatments, Smoke Alarms, Granite Counter Top
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Furnished: Yes
  • Furnishings: Furnished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Manager on Premises, Bike Paths, Beach
  • Pool: Yes
  • Pool Description: In Ground

Exterior

  • Exterior Features: Chickee Hut, Sandy Beach
  • Deck/Patio: Patio

Parking

  • Parking: Assigned Parking, Guest Parking

Location

  • Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
  • County: Monroe
  • Subdivision: Cay Condo (53.5)
  • Driving Directions: Directions: Overseas Hwy (US1) to MM53.5 (Mile Marker 53.50) tun on Sadowski Causeway, drive to the end and The Cay Condo complex is on your right.
  • Direction Faces: W

Community

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

Heating & Cooling

  • Cooling Type: Central Air, Ceiling Fans(s)
  • Heating Type: Central

Utilities

  • Water: No Waterview
  • Utility Description: FKAA, Municipal Sewer

Structural Information

  • Architectural Style: Condo
  • Construction: CBS, Concrete
  • Windows/Doors: Single Hung Windows, Aluminum Windows, Sliding Glass Doors
  • Wiring: Cable
  • Square Feet: 1,234
  • Sq. Ft. Source: Tax Records
  • Year Built: 1975

Unit Information

  • Unit Type: Unit

Lot Features

  • Zoning: R-3 - Multi Unit Res

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Oceanfront
  • Dock Description: None

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $6,025
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $4,992
  • Tax Year: 2025
  • Terms: No Seller Finance, Cash, Conventional

Disclosures and Reports

  • Legal Description: APT 203A THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH OR602-326 OR759-551 OR1080-1854D/C OR1452-1306/08CERT/DIST OR
  • Flood Zone: AE, AE, AE, AE, VE
  • APN: 00078330-001500

Listed by Rook Realty, Jeannine M. Cook (305) 794-0184

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 601 W Ocean Dr #203A —

  • Jeannine M. Cook

    Rook Realty

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

Schools serving 601 W Ocean Dr #203A

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Stanley Switlik Elementary School
3400 Overseas Highway, Marathon, FL 33050
PK-54.8 mi
Marathon School
350 Sombrero Beach Road, Marathon, FL 33050
6-123.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 601 W Ocean Dr #203A Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/25/2025
Price Reduced
$490,000
-9.09%
MLS
5/28/2025
Price Reduced
$539,000
-6.26%
MLS
5/06/2025
Price Reduced
$575,000
-4.01%
MLS
4/12/2025
Listed
$599,000
62.77%
MLS
5/08/2018
Sold
$368,000
—
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 #203A

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,040
—
$471,106
-14%
2024
$5,040
5%
$544,706
-5%
2023
$4,810
28%
$570,772
75%
2021
$3,746
-4%
$326,975
-8%
2022
$3,909
4%
$356,108
19%
2021
$3,746
9%
$298,024
-3%
2019
$3,422
9%
$305,906
6%
2018
$3,145
33%
$289,362
14%
2017
$2,371
-1%
$252,732
2%
2016
$2,406
1%
$247,534
1%
2015
$2,379
35%
$245,813
35%
2014
$1,759
—
$182,700
2%
2013
$1,766
—
$180,000
—
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.

Estimate the Cost for 601 W Ocean Dr #203A

$
Down Payment
%
$
%

$
$
$

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Rook Realty, Jeannine M. Cook (305) 794-0184

Recent Sales near 601 W Ocean Dr #203A

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

544 110th Street Ocean St, Marathon, FL 33050 - Photo 1 Sold
$520,000

544 110th Street Ocean St  Marathon, FL 33050

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,075
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices Keys Real Estate - Islamorada, LISA FRINS P.A.
Sold by Coldwell Banker Schmitt Real Estate Co., Tierce Scheel
303 Sombrero Blvd, Marathon, FL 33050 - Photo 1 Sold
$520,000

303 Sombrero Blvd  #207  Marathon, FL 33050

  • Condo
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 973
    Sq. Ft.
Listed and Sold by Teri Tarnopol and Sofia Gonzalez
351 20th St, Marathon, FL 33050 - Photo 1 Sold
$450,000

351 20th St  Marathon, FL 33050

  • Lots/Land
  • Closed
Listed and Sold by RE/MAX All Keys Real Estate, Gregory Dully and RE/MAX All Keys Real Estate, Curtis Skomp
351 20th St Marathon, Marathon, FL 33050 - Photo 1 Sold
$450,000

351 20th St Marathon  Marathon, FL 33050

  • Commercial Service
  • Closed
Listed and Sold by RE/MAX All Keys Real Estate, Gregory Dully and RE/MAX All Keys Real Estate, Curtis Skomp

601 W Ocean Drive #203A, Key Colony, FL 33051 (MLS# 614584) is a Condo property with 2 bedrooms and 2 full bathrooms. 601 W Ocean Drive #203A is currently listed for $490,000 and was received on April 12, 2025. Want to learn more about 601 W Ocean Drive #203A? Do you have questions about finding other Condo 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.

Tour this property