About 601 W Ocean Drive 316-d
Oceanfront Paradise Awaits at The Cay! Experience the ultimate Keys lifestyle in this pristine, never-before-rented 2-bedroom, 2.5-bathroom townhouse-style condominium. Boasting 1,343 square feet of beautifully updated living space, this residence features stunning, ocean views from the living room balcony plus bonus ocean and sunset views from the guest bedroom balcony. Inside, enjoy a flawlessly updated interior with luxury vinyl plank flooring downstairs, a renovated kitchen, stylish baths, and brand-new carpeting upstairs. It feels more like a home than a condo. Leave the windows open at night to the gentle sound of the ocean lapping against the beach--a soothing natural soundtrack perfect for relaxing and falling asleep. Situated just one unit back from the open ocean, the property is surrounded by lush tropical landscaping and offers premium community amenities, including a sparkling pool, a community room overlooking the ocean, and a sandy beach complete with a tiki hut. While this turnkey property offers excellent rental potential for savvy investors or part-time residents, The Cay's 14-day minimum rental restriction ensures a peaceful, exclusive atmosphere. It truly feels less like a busy high-turnover hotel and more like your private, quiet coastal sanctuary. Perfectly situated in the heart of Key Colony Beach, this premier location immerses you in the highly desirable lifestyle of ''The Gem of the Florida Keys.'' This incorporated island city offers an unmatched, relaxed atmosphere complete with its own walking and bike paths, scenic waterfront park (Sunset Park), a par-3 golf course, tennis and pickleball courts, and a vibrant selection of waterfront dining and charter fleets just minutes away.
Features of 601 W Ocean Drive 316-d
| MLS® # | 620070 |
|---|---|
| Price | $635,000 |
| Bedrooms | 2 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 1,343 |
| Year Built | 1975 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | Townhouse |
| Status | Active |
Community Information
| Address | 601 W Ocean Drive 316-d |
|---|---|
| Area | 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony |
| Subdivision | Cay Condo (53.5) |
| City | Key Colony |
| County | Monroe |
| State | FL |
| Zip Code | 33051 |
Amenities
| Amenities | Manager on Premises, Beach, Other Area Features, Bike Paths |
|---|---|
| Utilities | FKAA, Municipal Sewer, Buyer to Verify, Elect Separate Meter, Cable Available |
| Parking | Assigned Parking, Open Parking, Guest Parking |
| View | Ocean View, Open Water View |
| Is Waterfront | Yes |
| Waterfront | Oceanfront, Open Water |
| Has Pool | Yes |
| Pool | In Ground, Concrete, Decked |
Interior
| Interior Features | Drapes/Blinds Incl, Split Bedroom, Entrance Foyer, Sky Light(s), Quartz Countertops |
|---|---|
| Appliances | Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s) |
| Cooling | Central Air, Ceiling Fans(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Chickee Hut, Sandy Beach |
|---|---|
| Lot Description | 2 Less Than 5 Acres |
| Windows | Sliding Glass Doors, Aluminum Windows, Impact Rstnce Doors |
| Roof | Other Roof |
| Construction | CBS, Concrete |
Additional Information
| Date Listed | May 29th, 2026 |
|---|---|
| Days on Market | 69 |
| Zoning | R-3 - Multi Unit Res |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Quarterly |
Listing Details
| Agent | Amy Puto |
|---|---|
| Office | Coldwell Banker Schmitt Real Estate Co. |