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Sold for $498,500 on 10/06/25
  • $498,500

    1101 W Ocean Dr UNIT 1, Key Colony Beach, FL 33051

    2beds
    990sqft
    Condominium, Residential - Condo/Townhouse
    Built in 1973
    -- sqft lot
    $497,400 Zestimate®
    $504/sqft
    $4,038 Estimated rent

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    $4,038/mo

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    $4,038/mo

    Rent Zestimate®

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    $5,726/mo

    Est. payment

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    $5,726/mo

    Est. payment

    What's special

    Enjoy the convenience of having a private beach access steps away from your door! Come see for yourself why this property has been treasured by the family for over 45 years. Indulge in the beauty of the Florida Keys with this rare opportunity to own a pristine beachfront condo. This freshly painted ground level two-bedroom, two-bathroom haven offers breathtaking views of the Atlantic Ocean from every window. Sip your morning coffee enjoying the morning breeze on the balcony as the waves lap the shores and the sun rises above the horizon. With a private beach access at your feet, you can easily spend your days lounging on the white sandy beach, swimming in the crystal clear water, and soaking up the warm Keys sunshine. The condo itself is a turn-key vacation rental, fully furnished and bookings already in place. With similar oceanfront condos grossing over $75,000 in the past year with quite a few weeks of owner usage, this property has the potential to generate significant rental income. The spacious master bedroom boasts unparalleled views of the ocean, creating a peaceful and serene setting for relaxation. The property also includes a large heated pool, a tiki hut for shade, and a BBQ area for grilling up your catch of the day. You'll have everything you need for the ultimate beach vacation. This is your chance to own a piece of paradise in the coveted Key Colony Beach. Come see for yourself what makes this property special!

    Zillow last checked: 7 hours ago

    Listing updated: October 06, 2025 at 05:36am

    Listed by:

    Frank Griffiths 305-563-1838,

    Ocean Sotheby's International

    Bought with:

    Dustan Carpenter, 3516433

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Source: FLKMLS,MLS#: 615977MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dishwasher, Microwave, Oven, Range, Refrigerator
    Features
    • Furnished: Yes
    Interior area
    • Total interior livable area: 990 sqft

    Property

    Parking
    • Parking features: Assigned, Guest, Open
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No
    Features
    • Levels: 3 Stories
    • Stories: 3
    • Patio & porch: Open Porch/Balcony, Patio
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Decked, Concrete
    • Has view: Yes
    • View description: Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Oceanfront, Waterfront, Dockage: None
    Lot
    • Features: 1 Less Than 2 Acres
    Details
    • Parcel number: 00078901000101
    • Zoning: R-3
    • Zoning description: Multi Unit Res

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential - Condo/Townhouse
    Materials
    • CBS
    Condition
    • Year built: 1973

    Utilities & green energy

    • Electric: Elect Separate Meter
    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Cable Available, Buyer to Verify

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Manager on Premises, Beach
    Location
    • Region: Key Colony Beach
    • Subdivision: Sea Isle Condominium (AKA Cont. Cond) (53.5)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $2,725 quarterly
    • Services included: Cable TV, Maintenance Grounds, Maintenance Structure, Water, Pest Control, Sewer

    Other

    Other facts
    • Listing terms: Cash,Conventional