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$595,000
601 W Ocean Drive 414D
Key Colony, FL 33051
MLS# 615235
2 beds  |  3 baths  |  1343 sqft


Waterfront Location
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Waterfront Location 601 W Ocean Dr #414D Front Entrance Staircase to Main Level Open Waterviews/Spacious Living Room 601 W Ocean Dr #414D Living Room Balcony Courtyard and Open Waterview 601 W Ocean Dr #414D 601 W Ocean Dr #414D 601 W Ocean Dr #414D Ample Dining Space Open Living/Dining Room 601 W Ocean Dr #414D 601 W Ocean Dr #414D 601 W Ocean Dr #414D 601 W Ocean Dr #414D Powder Room Main Level Staircase to Bedroom Floor 601 W Ocean Dr #414D Primary Bedroom w/King Size Bed 601 W Ocean Dr #414D 601 W Ocean Dr #414D Primary Bath w/Walk In Shower 601 W Ocean Dr #414D Guest Bedroom 601 W Ocean Dr #414D Guest Bedroom Balcony 601 W Ocean Dr #414D White Sandy Beach Oceanfront Community Deck Oceanfront Community Deck 601 W Ocean Dr #414D 601 W Ocean Dr #414D 601 W Ocean Dr #414D 601 W Ocean Dr #414D 601 W Ocean Dr #414D 601 W Ocean Dr #414D 601 W Ocean Dr #414D 601 W Ocean Dr #414D The Cay's Party Room Deck Off Party Room 601 W Ocean Dr #414D 601 W Ocean Dr #414D

Property Description
Beautiful open water views and ocean breezes set the tone for this spacious 2-bedroom, 2.5-bath townhome-style condo. Just two units in from the beach, the setting offers an enviable blend of proximity and privacy. The kitchen is nicely sized with ample cabinet and countertop space, while the generous living and dining areas open to a private balcony with a stunning oceanfront backdrop—perfect for taking in the salty air and shifting water colors. Upstairs, the oversized primary suite includes an updated en-suite bath, while the guest bedroom features its own private balcony and access to a full hall bath. A convenient half bath is located on the main level. The community is centered around a delightful tropically landscaped courtyard with a large pool and features a private sandy beach, oceanfront clubhouse with an expansive deck, and a calendar of relaxed social events. With full-time onsite management and 14-day rentals permitted, this residence offers comfort, flexibility, and island living—with views and breezes that are hard to match.

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: No
Current Price: $595,000
Listing Date: 2025-05-29
List Price: $595,000
Location, Tax & Legal
Unit #: 414D
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE,AE,AE,VE
Alternate Key #: 1084573
Handicap Access: No
Parcel #: 00078330-005000
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Unknown
Legal: APT 414 D THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH APARTMENT OR567-189 OR569-81 OR2668-2166 OR2867-1061/62 OR298
Taxes: 6143.49
Tax Year: 2024
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: Multi-family
Waterfront: Yes
Control Depth: 0
Lot Size: 0
Lot SqFt: 0
Unit/Complex: Unit
Pool: Yes
Total Units: 50
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 14
Floor Number: 2
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: Beautiful open water views and ocean breezes set the tone for this spacious 2-bedroom, 2.5-bath townhome-style condo. Just two units in from the beach, the setting offers an enviable blend of proximity and privacy. The kitchen is nicely sized with ample cabinet and countertop space, while the generous living and dining areas open to a private balcony with a stunning oceanfront backdrop—perfect for taking in the salty air and shifting water colors. Upstairs, the oversized primary suite includes an updated en-suite bath, while the guest bedroom features its own private balcony and access to a full hall bath. A convenient half bath is located on the main level. The community is centered around a delightful tropically landscaped courtyard with a large pool and features a private sandy beach, oceanfront clubhouse with an expansive deck, and a calendar of relaxed social events. With full-time onsite management and 14-day rentals permitted, this residence offers comfort, flexibility, and island living—with views and breezes that are hard to match.
Directions: Overseas Hwy/MM 53.5, turn at Sadowski Causeway; to W. Ocean Dr, turn right; The Cay will be immediately on left. Unit located on left side of complex, 3rd unit in from waterfront.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 5360
Assoc/Mnt Fee Per: Quarterly
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Cable: 1
Common Area Mnt: 1
Sewer: 1
Water: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
No Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Ocean View: 1
Open Water View: 1
Floor
Carpet: 1
Tile: 1
Neighborhood Feature
Beach: 1
Manager on Premises: 1
Interior Features
Entrance Foyer: 1
Granite Counter Top: 1
Split Bedroom: 1
Storage: 1
Window Treatments: 1
Building Style
Above Flood: Unknown
Stories: 2 Stories
Windows/Doors
Aluminum Windows: 1
Double Hung Windows: 1
Single Hung Windows: 1
Sliding Glass Doors: 1
Vehicle Storage
Guest Parking: 1
Assigned Parking: 1
Security
Patrolled Area: 1
Construction
CBS: 1
Land Size
2 Less Than 5 Acres: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Utilities
Buyer to Verify: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Title Ins - Buyer: 1
Exterior Features
Chickee Hut: 1
Sandy Beach: 1
Tennis Court(s): 1
Pool Info
In Ground: 1
Heated: Yes
Decked: 1
Pre-Wired
Cable: 1
Financial Status
Standard Sale: Yes
Accessibility Feat
None: 1
Shutters
Accordion: 1
Status Change Info
Contingent: None
Status: Active
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: None
Vehicle Storage: Assigned Parking; Guest Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer
Interior Features: Entrance Foyer; Granite Counter Top; Split Bedroom; Storage; Window Treatments
Pre-Wired: Cable
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Exterior Features: Chickee Hut; Sandy Beach; Tennis Court(s)
Accessibility Feat: None
Pool Info: In Ground; Decked
Construction: CBS
Shutters: Accordion
Floor: Carpet; Tile
Pets: No Pets Allowed
Neighborhood Feature: Beach; Manager on Premises
Security: Patrolled Area
Land Size: 2 Less Than 5 Acres
Terms: Cash; Conventional; FHA; VA
Title: Title Ins - Buyer

Listing Office: Berkshire Hathaway HomeServices Keys Real Estate

Last Updated: December - 23 - 2025

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