501 E Ocean Drive 9, KEY COLONY, FL

$799,000

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2

Beds

2

Baths

972

Square feet

About 501 E Ocean Drive 9

Welcome to Key Colony Beach Club, newly built in 2023 and one of the rare condo communities in the Middle Keys offering weekly rentals. This oceanfront residence combines modern design, exceptional amenities, and a proven record of strong rental income. The spacious 2 bedroom, 2 bathroom layout features 9-foot ceilings, an open living area, and expansive glass sliders that flood the space with natural light and frame endless views of the Atlantic. Step onto the large private balcony where it feels as if you could reach out and touch the ocean -- a truly breathtaking setting for sunrise coffee or evening cocktails. Both the living room and the primary suite enjoy front-row views of the turquoise waters, while each bedroom includes an ensuite bath for privacy and comfort. Sold fully furnished and turn-key, this condo is move-in ready and already generating income through an active rental program. Community amenities include a heated oceanfront pool, sandy beach, Tiki Huts, a fishing pier currently under construction, an elevator, a private storage closet, and a covered parking space for two cars. The HOA fee covers cable, Wi-Fi, water, building insurance, and more, making ownership easy and convenient. Located in sought-after Key Colony Beach, you'll enjoy a walkable island lifestyle with easy access to restaurants, marinas, golf, pickleball, tennis, playgrounds, Sunset Park, and more. Experience the feeling of living right on the water -- where the ocean is your backdrop and every day feels like a vacation.

Features of 501 E Ocean Drive 9

MLS® # 616514
Price $799,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 972
Year Built 2023
Type Residential
Sub-Type Condo
Status Active

Community Information

Address 501 E Ocean Drive 9
Area 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Subdivision Key Colony Bch Club (53.5)
City KEY COLONY
County Monroe
State FL
Zip Code 33051

Amenities

Amenities Tennis Courts, Bike Paths, Airstrip, Beach, Manager on Premises
Utilities FKAA, Cable Available, Buyer to Verify, Municipal Sewer, Community Swr Plant
Parking Spaces 2
Parking Carport, Covered Parking, Off Street Parking, Assigned Parking
View Ocean View
Is Waterfront Yes
Waterfront Oceanfront
Has Pool Yes
Pool In Ground, Concrete

Interior

Interior Features Drapes/Blinds Incl, Smoke Alarms, Quartz Countertops, Walk-in Closet(s), Storage, Split Bedroom
Appliances Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
Heating Central, Electric
Cooling Central Air, Ceiling Fans(s)
Fireplace No

Exterior

Exterior Features Lighting, Storage, Sprinkler System, Sandy Beach
Lot Description Less Than 1/4 Acre
Windows Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
Roof Concrete Roof
Construction Concrete
Neighborhood Features Tennis Courts, Bike Paths, Airstrip, Beach, Manager on Premises

Additional Information

Date Listed September 17th, 2025
Days on Market 28
Zoning R-3 - Multi Unit Res
Short Sale No
RE / Bank Owned No
HOA Fees 3821.00
HOA Fees Freq. Quarterly

Listing Details

AgentAryl Robison
OfficeRE/MAX All Keys Real Estate

Listing Map

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