1101 W Ocean Dr Unit 1, Key Colony, FL 33051

$498,500
2
BD
2
BA
990
SqFt

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Sold Price
$498,500
List Price
$524,500
Closing Date
Oct 06, 2025
MLS#
615977
Status
CLOSED
Island
Key Colony
County
Monroe
City
Key Colony
Area
Vaca Cut - Both Sides Holiday Inn/Key Colony
Subdivision
Sea Isle Condominium (AKA Cont. Cond) (53.5)
Neighborhood
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Bedrooms
2
Bathrooms
2
Living Area
990
Year Built
1973
Days on Market
66

Property Description

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!

Additional Information

Hoa Fee
$2,725
Taxes
$4,896
Appliances
Dishwasher, Refrigerator, Range, Oven, Microwave
Pool
Yes
Waterfront
Yes
Control Depth
1
Zoning
R-3 - Multi Unit Res
Terms
Cash, Conventional

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Listing Courtesy Of Ocean Sotheby's International Realty, Contact:

Selling Office: .