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$529,900
601 W Ocean Drive 311D
Key Colony, FL 33051
MLS# 621940
2 beds  |  3 baths  |  1343 sqft


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Property Description
Your Florida Keys Escape Awaits at The Cay in Key Colony Beach! Discover the charm of coastal living in The Cay, a sought-after oceanfront condominium community in the heart of Key Colony Beach. This spacious 2-bedroom, 2.5-bath townhome-style residence offers an incredible opportunity to embrace the Florida Keys lifestyle, surrounded by lush tropical landscaping, resort-style amenities, and a beautiful private beach just steps away. The inviting two-story floor plan features comfortable living and dining spaces, a convenient main-level half bath, and two generously sized upstairs bedrooms with two full bathrooms. Two private balconies overlook the tropical courtyard and sparkling swimming pool, providing peaceful settings to enjoy your morning coffee, unwind with a good book, or simply soak in the island breezes. Offering the opportunity to add your own personal touches, this residence is the perfect canvas to create your ideal coastal retreat. Step outside and experience what makes The Cay so special! Enjoy a private white-sand beach, heated swimming pool, oceanfront clubhouse, and beautifully maintained tropical grounds. Whether you're relaxing poolside, enjoying the ocean breeze along the shoreline, or gathering with friends, every day feels like a vacation. Beyond the community, discover the best of Key Colony Beach, with waterfront restaurants, a par-3 golf course, tennis and pickleball courts, and the breathtaking sunsets of Sunset Park all nearby. With 14-day minimum rentals permitted and HOA fees that include building insurance and water, this property offers the flexibility to enjoy your own island getaway while exploring vacation rental income potential. Your opportunity to own a piece of paradise in one of the Florida Keys' most desirable beachfront communities awaits!

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: No
Current Price: $529,900
Listing Date: 2026-11-04
List Price: $529,900
Location, Tax & Legal
Unit #: 311D
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: N/A
Senior Community YN: No
Side: Ocean
Flood Zone: AE
Alternate Key #: 1084379
Parcel #: 00078330003000
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Unknown
Legal: Apartment 311 D Cay Condominium Shelter Key Key Colony Beach Or587-98 Or945-630 Or3106-2286 Or3299-2198
Taxes: 4910.2
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 601
Direction: W
Street Name: Ocean
Street Suffix: Drive
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Cay Condo (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: Complex
Pool: Yes
Lot Sqft Source: Property Data Card
Acres: 0
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 14
Style: Condo
Year Built: 1975
Living Apx SqFt: 1343
Total Bedrooms: 2
Full Baths: 2
Half Baths: 1
Total Baths: 3
Remarks & Misc
Remarks – Consumer: Your Florida Keys Escape Awaits at The Cay in Key Colony Beach! Discover the charm of coastal living in The Cay, a sought-after oceanfront condominium community in the heart of Key Colony Beach. This spacious 2-bedroom, 2.5-bath townhome-style residence offers an incredible opportunity to embrace the Florida Keys lifestyle, surrounded by lush tropical landscaping, resort-style amenities, and a beautiful private beach just steps away. The inviting two-story floor plan features comfortable living and dining spaces, a convenient main-level half bath, and two generously sized upstairs bedrooms with two full bathrooms. Two private balconies overlook the tropical courtyard and sparkling swimming pool, providing peaceful settings to enjoy your morning coffee, unwind with a good book, or simply soak in the island breezes. Offering the opportunity to add your own personal touches, this residence is the perfect canvas to create your ideal coastal retreat. Step outside and experience what makes The Cay so special! Enjoy a private white-sand beach, heated swimming pool, oceanfront clubhouse, and beautifully maintained tropical grounds. Whether you're relaxing poolside, enjoying the ocean breeze along the shoreline, or gathering with friends, every day feels like a vacation. Beyond the community, discover the best of Key Colony Beach, with waterfront restaurants, a par-3 golf course, tennis and pickleball courts, and the breathtaking sunsets of Sunset Park all nearby. With 14-day minimum rentals permitted and HOA fees that include building insurance and water, this property offers the flexibility to enjoy your own island getaway while exploring vacation rental income potential. Your opportunity to own a piece of paradise in one of the Florida Keys' most desirable beachfront communities awaits!
Directions: GPS
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 6025
Assoc/Mnt Fee Per: Quarterly
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Common Area Mnt: 1
Security: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Pets
No Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
Central: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
No Waterview: 1
Floor
Carpet: 1
Tile: 1
Neighborhood Feature
Beach: 1
Bike Paths: 1
Community Boat Ramp: 1
Manager on Premises: 1
Tennis Courts: 1
Interior Features
Drapes/Blinds Incl: 1
Pantry: 1
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Walk-in Closet(s): 1
Window Treatments: 1
Building Style
Above Flood: Unknown
Stories: 2 Stories
Townhouse: 1
Windows/Doors
Sliding Glass Doors: 1
Vehicle Storage
Guest Parking: 1
Assigned Parking: 1
Off Street Parking: 1
Security
Patrolled Area: 1
Construction
CBS: 1
Concrete: 1
Land Size
2 Less Than 5 Acres: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
VA: 1
Other Specify: 1
Utilities
Buyer to Verify: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Title
Negotiable: 1
Exterior Features
Chickee Hut: 1
Fencing: 1
Fruit Tree(s): 1
Lighting: 1
Outdoor Shower: 1
Privacy Wall/Fence: 1
Rain Gutters: 1
Sandy Beach: 1
Sprinkler System: 1
Storage: 1
Pool Info
In Ground: 1
Heated: Yes
Concrete: 1
Decked: 1
Roof
Other Roof: 1
Accessibility Feat
Parking: 1
Shutters
Accordion: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt; Security
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: No Waterview
Dockage: None
Building Style: Townhouse
Vehicle Storage: Assigned Parking; Guest Parking; Off Street Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Heating: Central
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Pantry; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s); Window Treatments
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer
Exterior Features: Chickee Hut; Fencing; Fruit Tree(s); Lighting; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Sandy Beach; Sprinkler System; Storage
Accessibility Feat: Parking
Pool Info: In Ground; Concrete; Decked
Construction: CBS; Concrete
Shutters: Accordion
Floor: Carpet; Tile
Roof: Other Roof
Pets: No Pets Allowed
Neighborhood Feature: Beach; Bike Paths; Community Boat Ramp; Manager on Premises; Tennis Courts
Security: Patrolled Area
Land Size: 2 Less Than 5 Acres
Terms: Cash; Conventional; VA; Other Specify
Title: Negotiable

Listing Office: Berkshire Hathaway HomeServices Keys Real Estate

Last Updated: November - 05 - 2026

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