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

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

  • 2 Beds
  • 2 Baths
  • 972 sqft

$749,000

Original price: $799,000
Est. Mortgage $5,857/mo*

$749,000

Original price: $799,000
Est. Mortgage $5,857/mo*
2 Beds
2 Baths
972 sqft

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

Description

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.

Home Highlights

Parking
Carport
Outdoor
Porch, Pool
View
Ocean
HOA
$1,542/Monthly
Price/Sqft
$771
Listed
180+ days ago

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: FKAA, Cable Available, Buyer to Verify, Cable ConnectedAppliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer, Tankless Water HeaterDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fans(s)Has HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Window: Drapes/Blinds Incl, Impact Rstnce WindowDoor: Sliding Glass Doors, Impact Rstnce Doors
View
Has a ViewView: Ocean
Security
Security: Smoke Detector(s)
Room & Shared Space
Shared space is furnished

Exterior Features

Exterior Home Features
Roof: ConcretePatio / Porch: Open Porch/BalconyExterior: Lighting, Storage, Sprinkler System, Sandy BeachHas a Private PoolSprinkler System
Parking & Garage
Has a CarportNo GarageNo Attached GarageNo Open ParkingParking Spaces: 2Parking: Carport,Covered,Off Street,Assigned
Pool
Pool: In Ground, ConcretePool
Frontage
WaterfrontWaterfront: Oceanfront, Waterfront, Sandy Beach, Dockage: NoneOn Waterfront
Water & Sewer
Sewer: Municipal Sewer, Community Swr Plant, Public Sewer

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, Residential - Condo/TownhouseStructure Type: ComplexArchitecture: Complex
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: 616514

Community

Community Features: Tennis Court(s), Bike Paths, Airport/Runway, Beach, Manager on Premises

HOA

HOA Fee Includes: Cable TV, Maintenance Grounds, Building Insurance, Maintenance Structure, Water, SewerAssociation for this Listing: Florida KeysHas an HOAHOA Fee: $1,542/Monthly

Offer

Listing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 616514Water ViewWater View: Ocean

Additional Information

Tennis Court(s)Bike PathsAirport/RunwayBeachManager on Premises
Last check for updates: about 7 hours ago
Listing courtesy of Aryl Robison, (305) 781-7506
RE/MAX All Keys Real Estate
Originating MLS: Florida Keys
Source: FLKMLS, MLS#616514

Market trends in Key Colony Beach

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
58
5
MoM

Price History for 501 E Ocean Dr #9

DatePriceEventSource
07/15/2026$749,000PriceChange
Key West AOR #616514
10/03/2025$799,000PriceChange
FLKMLS #616514
09/17/2025$815,000Listed For SaleFLKMLS #616514
05/07/2024$777,500Sold
Key West AOR #606803
05/06/2024$799,980PendingFLKMLS #606803
04/25/2024$799,980ContingentKey West AOR #606803
03/26/2024$799,980PriceChange
Key West AOR #606803
12/12/2023$839,000PriceChange
Key West AOR #606803
09/28/2023$855,000Listed For SaleKey West AOR #606803
09/27/2023ListingRemovedFLKMLS #605912
08/04/2023$865,000PendingToActiveKey West AOR #605912
07/29/2023$865,000ContingentKey West AOR #605912
07/09/2023$865,000Listed For SaleKey West AOR #605912

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Property Tax and Assessment

Year2025
Tax$6,616
Assessment$647,500
Home facts updated by county records

Comparable Sales for 501 E Ocean Dr #9

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
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
09/18/25
2
2
994
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
0.22
Condo
$992,500
03/17/26
2
2
1,650
0.36
Condo
$740,000
03/16/26
2
2
1,260

Nearby homes

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Assigned Schools

These are the assigned schools for 501 E Ocean Dr #9.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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."

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 Board of Realtors.
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 17, 2025. The MLS # for this home is MLS# 616514.