501 E Ocean Dr #22, Key Colony Beach, FL 33051
Property image
Property image
OFF MARKET

$729,100

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,001 sqft

501 E Ocean Dr #22, Key Colony Beach, FL 33051

Est. Refi. Payment $4,426/mo*
Refinance Your Home
Currently Off Market - Sold Jan 26, 2024 for $800,000

Home Value

Trulia Estimate
$729K
Since last month
Decreased$6K (-0.8%)
Since last year
Decreased$47K (-6.1%)
Since last sale
Decreased$71K (-8.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +154% in the last 10 years
MonthEstimated value
2026
August 2026$729K
August 2026$728K
July 2026$735K
June 2026$732K
May 2026$734K
April 2026$731K
March 2026$727K
February 2026$729K
January 2026$714K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
501 E Ocean Dr #28, Key Colony Beach, FL
0.00
Condo
$715,000
09/01/26
2
2
972
501 E Ocean Dr #17, Key Colony Beach, FL
0.00
Condo
$684,000
09/30/25
2
2
1,008
501 E Ocean Dr #26, Key Colony Beach, FL
0.00
Condo
$687,500
02/13/26
2
2
972
201 E Ocean Dr #1-308, Key Colony Beach, FL
0.23
Condo
$599,000
03/27/26
2
2
1,045
201 E Ocean Dr #1-311, Key Colony Beach, FL
0.23
Condo
$485,000
02/26/26
2
2
994
201 E Ocean Dr #110, Key Colony, FL
0.23
Condo
$485,000
09/18/25
2
2
994
601 W Ocean Dr #407C, Key Colony Beach, FL
0.11
Condo
$600,000
02/06/26
2
2.5
1,475
799 W Ocean Dr #304, Key Colony Beach, FL
0.23
Condo
$992,500
03/17/26
2
2
1,650

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
501 E Ocean Dr #5, Key Colony Beach, FL 33051
0.00
$742,500
2
2
1,001
Off Market
501 E Ocean Dr #9, Key Colony Beach, FL 33051
0.00
$749,000
2
2
972
For Sale
501 E Ocean Dr #12, Key Colony Beach, FL 33051
0.00
$781,000
2
2
1,001
Off Market
501 E Ocean Dr #17, Key Colony Beach, FL 33051
0.00
$685,700
2
2
1,008
Off Market
501 E Ocean Dr #18, Key Colony Beach, FL 33051
0.00
$681,300
2
2
1,008
Off Market
501 E Ocean Dr #26, Key Colony Beach, FL 33051
0.00
$687,500
2
2
972
Recently Sold
501 E Ocean Dr #28, Key Colony Beach, FL 33051
0.00
$715,000
2
2
972
Recently Sold
501 E Ocean Dr #32, Key Colony Beach, FL 33051
0.00
$854,300
2
2
1,001
Off Market
501 E Ocean Dr #24, Key Colony Beach, FL 33051
0.03
$707,200
2
2
-
Off Market
11282 Ocean Dr, Key Colony Beach, FL 33051
0.09
$1,127,300
2
2
1,025
Off Market
11611 Ocean Dr, Key Colony Beach, FL 33051
0.09
$816,100
2
2
-
Off Market

Local Information

  • Map ViewExplore the area around 501 E Ocean Dr #22.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 2023
1,001 sqft
$728/sqft
HOA $1,333/mo

About this House

SELLER FINANCING now offered on your dream coastal retreat, #22 Key Colony Bch Club! Nestled in picturesque Key Colony Beach, this spacious and airy 2 Bedroom/2 Bath is ready to offer you an unparalleled waterfront living experience. Be the first to call this stunning top floor residence home and embrace a lifestyle of luxury, relaxation and breathtaking ocean views. Open concept living, abundant natural light and expansive private balcony overlooking the Atlantic Ocean, landscaped courtyard and sparkling pool. Brand new construction, never lived in; built to meet all of today's building codes, including the ability to withstand a Cat 5+ hurricane. Low HOA fees of only $1,000 month includes building insurance! Weekly vacation rentals permitted. Elevator building, two dedicated/covered parking spaces and private storage. Don't miss out on this incredible opportunity to own a brand new, never been lived in, oceanfront condo in Key Colony Beach.
501 E Ocean Dr #22, Key Colony Beach, FL 33051 is a 2 bedroom, 2 bathroom, 1,001 sqft condo built in 2023. It last sold for $800,000 on Jan 26, 2024 (6% below the $849,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $729,100, with a rent estimate of $5,424/month.
Last check for updates: about 19 hours ago
Listed by Karen D Raspe, PA
Berkshire Hathaway HomeServices Keys Real Estate
Tracy Chacksfield, (312) 350-4601
Berkshire Hathaway HomeServices Keys Real Estate
Bought with: Melanie Horowitz, (305) 998-8078, Better Homes and Gardens Real Estate Destinations
Source: FLKMLS, MLS#605910

Home Details for 501 E Ocean Dr #22

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1001 Square Feet
Appliances & Utilities
Utilities: Elect Separate MeterAppliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave, DisposalDishwasherDisposalDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Has CoolingAir Conditioning: Central Air,Ceiling Fans(s)
Windows, Doors, Floors & Walls
Flooring: Laminate
Levels, Entrance, & Accessibility
Floors: Laminate
View
No View
Security
Security: No Security, Fire Sprinkler System

Exterior Features

Exterior Home Features
Patio / Porch: Open Porch/BalconyOther Structures: Shed(s)Has a Private Pool
Parking & Garage
No Attached Garage
Pool
Pool: In Ground, ConcretePool
Frontage
WaterfrontOn Waterfront

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Building: Tall - 10Ft & OverConstruction Materials: ConcreteIs a New Construction
Property Information
Condition: New ConstructionParcel Number: 00073990002200

Price & Status

Price
List Price: $849,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Key ColonyCommunity: Key Colony Bch Club (53.5)

Building

Building Area
Building Area: 1001 Square Feet

Community

Community Features: Manager on Premises, Fire Hydrant, Beach, Bike Paths

HOA

HOA Fee Includes: Cable TV, Sewer, Water, Maintenance Structure, Insurance, Common Area MntHas an HOAHOA Fee: $4,000/Quarterly

Offer

Listing Terms: Cash, Conventional, FHA

Miscellaneous

Mls Number: 605910

Additional Information

Manager on PremisesFire HydrantBeachBike Paths

Price and Tax history

DateEventPrice
Jan 26, 2024
Source: FLKMLS #605910
Sold
$800,000
Jan 19, 2024
Source: FLKMLS #605910
Contingent
$849,000
Sep 30, 2023
Source: FLKMLS #605910
PriceChange
$849,000
Price decreased by 3%
Jul 9, 2023
Source: FLKMLS #605910
Listed For Sale
$879,000
Apr 20, 2015
Source: FLKMLS #566539
Sold
$232,000

Market trends in Key Colony Beach

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
58
2MoM

Around this home

What Locals Say about Key Colony Beach

At least 4 Trulia users voted on each feature.

  • 100 % Say it's quiet

  • 100 % Say it's walkable to restaurants

  • 91 % Say yards are well-kept

  • 90 % Say parking is easy

  • 86 % Say car is needed

  • 80 % Say it's dog friendly

  • 80 % Say people would walk alone at night

  • 78 % Say streets are well-lit

  • 57 % Say they plan to stay for at least 5 years

  • 50 % Say there's holiday spirit

  • 50 % Say there are sidewalks

  • 50 % Say there are community events

  • 50 % Say there's wildlife

  • 38 % Say kids play outside

  • 33 % Say neighbors are friendly

  • 33 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • David Sloan
    "Lived here for over a month, almost everyone is friendly as well as mostly pet friendly. I own a pitbull that is my service dog, majority comes up to love him him, few assume he isn’t friendly."
    0
    Flag
  • L. F.
    "Not many children live here. Lots of vacation and rental homes. They have occupants changing all the time or they stand empty for months on end. "
    0
    Flag
  • LWF
    "Sunday afternoon live concerts in the park in winter. Craft fairs. The Christmas boat parade. The fishing club puts on an annual spring clambake."
    1
    Flag
  • Dm2953
    "Key Colony Beach is a community minded incorporated small city with parks, its own sewer system, police, and safety."
    7
    Flag

LGBTQ Local Legal Protections

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys MLS.

Frequently asked questions about 501 E Ocean Dr #22

  • What is 501 E Ocean Dr #22 estimated to be worth?
    Trulia's estimated value for 501 E Ocean Dr #22 in Key Colony Beach, FL is $729,100.
  • What is the price history for 501 E Ocean Dr #22?
    501 E Ocean Dr #22 in Key Colony Beach, FL last sold for $800,000 in January 2024.
  • Is Key Colony Beach a buyer's or seller's market?
    Key Colony Beach is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 501 E Ocean Dr #22?
    The closest schools to 501 E Ocean Dr #22 in Key Colony Beach, FL are Marathon School (Middle/High, rated 5/10), Stanley Switlik Elementary School (Pre-K, rated 5/10).
  • Does 501 E Ocean Dr #22 have air conditioning?
    Yes, 501 E Ocean Dr #22 in Key Colony Beach, FL has air conditioning.
  • Does 501 E Ocean Dr #22 have a pool?
    Yes, 501 E Ocean Dr #22 in Key Colony Beach, FL has a pool.

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