501 E  Ocean Dr #9, Key Colony Beach, FL 33051
Property image
Property image
FOR SALE
NEW CONSTRUCTION

$749,000

  • 2 Beds
  • 2 Baths
  • 972 sqft

501 E Ocean Dr #9, Key Colony Beach, FL 33051

Est. Mortgage $6,111/mo*
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We estimate this home will sell faster than 84% nearby.

Home Highlights

Condo
Built in 2023
$771/sqft
HOA $1,542/mo

Local Information

  • Map ViewExplore the area around 501 E Ocean Dr #9.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Rarely does a 2023 oceanfront masterpiece become available in the heart of the Middle Keys with the highly coveted ability to offer weekly rentals. Welcome to Key Colony Beach Club, the newest premier community in the area. This turn-key 2-bedroom, 2-bathroom residence offers the ultimate in modern coastal living, featuring high-impact glass, 9-foot ceilings, and a layout designed to maximize natural light. The spacious private balcony sits so close to the Atlantic that the ocean becomes your front yard, providing the perfect backdrop for sunrises and evening breezes. Both the primary suite and living area offer direct, unobstructed views of the turquoise waters. Sold fully furnished and currently operating as a high-performing vacation rental, this property is ready for immediate enjoyment or income. Community amenities include a heated oceanfront pool, private sandy beach, Tiki huts, an elevator, and a newly completed fishing pier. Owners also benefit from a private storage closet and covered parking for two vehicles. The quarterly HOA is inclusive of cable, Wi-Fi, water, and building insurance. Embrace the walkable Key Colony Beach lifestyle with easy access to golf, pickleball, marinas, and fine dining. This is the modern island retreat you have been waiting for.
Last check for updates: about 9 hours ago
Listing courtesy of Aryl Robison, (305) 781-7506
RE/MAX All Keys Real Estate
Source: FLKMLS, MLS#621275
Also Listed on FLKMLS.
We estimate this home will sell faster than 84% nearby.

Home Details for 501 E Ocean Dr #9

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 972 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Stainless Steel Appliance(s)DishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Central Air,Ceiling Fans(s)Has HeatingHeating Fuel: Has Heating Unspecified Type
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: Open Porch/BalconyExterior: Lighting, Sandy Beach, StorageHas a Private Pool
Parking & Garage
No Attached Garage
Pool
Pool: In Ground, ConcretePool
Frontage
WaterfrontOn Waterfront

Days on Market

Days on Market: 10

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Construction Materials: ConcreteIs a New Construction
Property Information
Condition: New ConstructionParcel Number: 00073990000900

Price & Status

Price
List Price: $749,000Price Per Sqft: $771

Active Status

MLS Status: Active

Location

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

Agent Information

Listing Agent
Listing ID: 621275

Building

Building Area
Building Area: 972 Square Feet

Community

Community Features: Manager on Premises, Beach, Bike Paths

HOA

HOA Fee Includes: Cable TV, Sewer, Water, Maintenance Structure, Insurance, Common Area MntHas an HOAHOA Fee: $1,542/Monthly

Offer

Listing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 621275

Additional Information

Manager on PremisesBeachBike Paths

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."
  • 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. "
  • 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."
  • Dm2953
    "Key Colony Beach is a community minded incorporated small city with parks, its own sewer system, police, and safety."

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
2
MoM

Home Value

Trulia Estimate
$731K
Since last month
Increased$8K (+1%)
Since last year
Decreased$59K (-7.4%)
Since last sale
Decreased$47K (-6%)
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 +155% in the last 10 years
MonthEstimated value
2026
September 2026$731K
August 2026$723K
July 2026$725K
June 2026$769K
May 2026$768K
April 2026$768K
March 2026$766K
February 2026$769K
January 2026$769K
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
0.00
Condo
$715,000
09/01/26
2
2
972
0.00
Condo
$687,500
02/13/26
2
2
972
0.00
Condo
$684,000
09/30/25
2
2
1,008
0.23
Condo
$599,000
03/27/26
2
2
1,045
0.23
Condo
$485,000
02/26/26
2
2
994
0.11
Condo
$600,000
02/06/26
2
2.5
1,475
0.11
Condo
$525,000
03/18/26
2
2.5
1,343
0.36
Condo
$740,000
03/16/26
2
2
1,260
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
0.00
$738,500
2
2
1,001
Off Market
0.00
$771,000
2
2
1,001
Off Market
0.00
$681,900
2
2
1,008
Off Market
0.00
$676,000
2
2
1,008
Off Market
0.00
$725,000
2
2
1,001
Off Market
0.00
$687,500
2
2
972
Recently Sold
0.00
$715,000
2
2
972
Recently Sold
0.03
$704,300
2
2
-
Off Market
0.09
$1,142,100
2
2
1,025
Off Market
0.09
$844,200
2
2
-
Off Market
0.09
$912,300
3
2
1,320
Off Market

Price and Tax history

DateEventPrice
Jul 15, 2026
Source: Key West AOR #616514
PriceChange
$749,000
Price decreased by 6%
Oct 3, 2025
Source: FLKMLS #616514
PriceChange
$799,000
Price decreased by 2%
Sep 17, 2025
Source: FLKMLS #616514
Listed For Sale
$815,000
May 7, 2024
Source: FLKMLS #606803
Sold
$777,500
May 6, 2024
Source: FLKMLS #606803
Pending
$799,980

LGBTQ Local Legal Protections

Aryl Robison, RE/MAX All Keys Real Estate
Agent Phone: (305) 781-7506
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.

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Frequently asked questions about 501 E Ocean Dr #9

  • What is the estimated monthly payment for 501 E Ocean Dr #9?
    Based on a $749,000 list price with 20% down at today's rates, the estimated monthly payment for 501 E Ocean Dr #9 in Key Colony Beach, FL is approximately $4,648 (about $4,061 principal & interest, $512 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 501 E Ocean Dr #9?
    The closest schools to 501 E Ocean Dr #9 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 #9 have air conditioning?
    Yes, 501 E Ocean Dr #9 in Key Colony Beach, FL has air conditioning.
  • Does 501 E Ocean Dr #9 have a pool?
    Yes, 501 E Ocean Dr #9 in Key Colony Beach, FL has a pool.
  • Does 501 E Ocean Dr #9 have laundry facilities?
    Yes, 501 E Ocean Dr #9 in Key Colony Beach, FL has in-unit laundry.
501 E Ocean Dr #9, Key Colony Beach, FL 33051 is a 2 bedroom, 2 bathroom, 972 sqft condo built in 2023. This property is currently available for sale and was listed by FLKMLS on Sep 12, 2026. The MLS # for this home is MLS# 621275.