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$949,000
Key Colony, FL 33051
MLS# 621803
3 beds | 3 baths | 1929 sqft
1 / 53
Property Description
Experience the pinnacle of oceanfront island living at Key Colony Point. Beautifully modernized and impeccably maintained, this premier 3-bedroom, 3-bathroom residence stands out with refined contemporary upgrades, high-end coastal finishes, and a well-established, multi-year rental history delivering proven income performance. Wide-open ocean vistas greet you the moment you step into the main living area, where floor-to-ceiling views transition seamlessly to turquoise waters and access to soft sand at the pocket beach just steps from your back door. Designed for effortless entertaining and pure relaxation, every space reflects true turnkey luxury. As an owner, you and your guests enjoy world-class resort amenities: an oceanfront heated pool and spa, private fishing pier, tennis/pickleball courts, lush grounds, and the ease of dedicated on-site management supporting lucrative weekly rentals. Fishing pier has on and off loading usage only. No overnight boat docking. Stroll along Key Colony Beach's manicured walking paths to local restaurants, Sunset Park, playgrounds, the Par-3 golf course, and a newly covered 10-court pickleball area. A top-tier, revenue-generating sanctuary ready to perform from day one. Quarterly fees are set to be significantly reduced before the end of the year.
Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes
Current Price: $949,000
Listing Date: 2026-10-27
List Price: $949,000
Location, Tax & Legal
Unit #: 4
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Senior Community YN: No
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 8637195
Parcel #: 00078600-000500
Zoning: R-3 - Multi Unit Res
Deed Restrictions: No
Legal: KEY COLONY POINT A CONDOMINIUM UNIT 4
Taxes: 7827.78
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 1133
Direction: W
Street Name: Ocean
Street Suffix: Drive
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Key Colony Point (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Waterfront: Yes
Control Depth: 0
Lot Size: X
Lot SqFt: 0
Unit/Complex: Unit
Pool: Yes
Lot Sqft Source: Property Data Card
Total Units: 31
Acres: 0
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 7
Style: Townhouse
Year Built: 1982
Living Apx SqFt: 1929
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: Experience the pinnacle of oceanfront island living at Key Colony Point. Beautifully modernized and impeccably maintained, this premier 3-bedroom, 3-bathroom residence stands out with refined contemporary upgrades, high-end coastal finishes, and a well-established, multi-year rental history delivering proven income performance. Wide-open ocean vistas greet you the moment you step into the main living area, where floor-to-ceiling views transition seamlessly to turquoise waters and access to soft sand at the pocket beach just steps from your back door. Designed for effortless entertaining and pure relaxation, every space reflects true turnkey luxury. As an owner, you and your guests enjoy world-class resort amenities: an oceanfront heated pool and spa, private fishing pier, tennis/pickleball courts, lush grounds, and the ease of dedicated on-site management supporting lucrative weekly rentals. Fishing pier has on and off loading usage only. No overnight boat docking. Stroll along Key Colony Beach's manicured walking paths to local restaurants, Sunset Park, playgrounds, the Par-3 golf course, and a newly covered 10-court pickleball area. A top-tier, revenue-generating sanctuary ready to perform from day one. Quarterly fees are set to be significantly reduced before the end of the year.
Directions: US1 (Overseas Hwy) to Sadowski Causeway, right on W Ocean Dr and left before Sunset Park. Fourth from the office.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Condo Doc's: Yes
Association Fee $: 11475
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Cable: 1
Common Area Mnt: 1
Exterminating: 1
Sewer: 1
Water: 1
Dockage
Dock Privileges: 1
Other Dockage: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Wine Cooler: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
Electric: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Ocean View: 1
Open Water View: 1
Floor
Carpet: 1
Tile: 1
Neighborhood Feature
Airstrip: 1
Beach: 1
Bike Paths: 1
Community Boat Ramp: 1
Community Pool: 1
Manager on Premises: 1
Spa: 1
Tennis Courts: 1
Interior Features
Drapes/Blinds Incl: 1
Entrance Foyer: 1
Sky Light(s): 1
Smoke Alarms: 1
Storage: 1
Walk-in Closet(s): 1
Specialty Rooms
Laundry Room: 1
Building Style
Above Flood: Yes
Townhouse: 1
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Sliding Glass Doors: 1
Vehicle Storage
Carport: 1
Covered Parking: 1
Guest Parking: 1
Security
Patrolled Area: 1
Construction
CBS: 1
Concrete: 1
Stucco: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
No Seller Finance: 1
VA: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Screened Patio: 1
Title
Title Ins - Buyer: 1
Exterior Features
Chickee Hut: 1
Lanai: 1
Outdoor Shower: 1
Sandy Beach: 1
Tennis Court(s): 1
Pool Info
In Ground: 1
Concrete: 1
Decked: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Status Change Info
Status: Active
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Sewer; Water
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: Dock Privileges; Other Dockage
Building Style: Townhouse
Vehicle Storage: Carport; Covered Parking; Guest Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Entrance Foyer; Sky Light(s); Smoke Alarms; Storage; Walk-in Closet(s)
Pre-Wired: Cable
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features: Chickee Hut; Lanai; Outdoor Shower; Sandy Beach; Tennis Court(s)
Pool Info: In Ground; Concrete; Decked
Construction: CBS; Concrete; Stucco
Floor: Carpet; Tile
Roof: Metal Roof
Neighborhood Feature: Airstrip; Beach; Bike Paths; Community Boat Ramp; Community Pool; Manager on Premises; Spa; Tennis Courts
Security: Patrolled Area
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA; No Seller Finance; VA
Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: October - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.