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$795,000
501 E Ocean Drive, 25
Key Colony, FL 33051
MLS# 607708
2 beds  |  2 baths  |  1064 sqft


501 E Ocean Drive, 25, Key Colony, FL 33051
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Property Description
Welcome to your brand new dream coastal retreat in Key Colony Beach. This fully furnished, turnkey, 2-bedroom, 2-bath oceanfront condo presents a great investment opportunity. Featuring neutral selections and high-end finishes, this home is a true gem. Embrace the welcoming ambience created by the 9' ceilings and weather-friendly vinyl plank floors throughout that create an inviting and modern atmosphere. The kitchen is a chef's delight, featuring a beautiful backsplash, 42'' upper cabinets, stainless appliances and quartz countertops that exude style and functionality. Both bedrooms offer en suite baths for ultimate convenience and privacy. Every room in this condo, from the living area to the kitchen, primary and guest bedrooms, offers open water views, providing constant connection to the breathtaking surroundings. Step outside onto the expansive 27'x 8' balcony and be captivated by the panoramic open water views and beautiful sunsets - the perfect backdrop for entertaining or simply unwinding after a day in paradise. This home comes fully and newly furnished, including all window treatments, linens and kitchen essentials, ensuring a seamless transition into your new island lifestyle. Additionally, it offers the flexibility of being a weekly rental, making it a great investment opportunity. The community is a haven of relaxation, featuring an oceanfront pool, a pristine white sand beach, community club house, on-site manager and a freshly landscaped courtyard. Your two dedicated covered parking spaces, conveniently located next to the elevator, provide ease and accessibility. Plus, the oversize storage unit ensures ample space for all your beach essentials. Indulge in the island lifestyle you've always dreamed of at this Key Colony Beach condo. Whether you're seeking a permanent residence, a vacation home or an investment property, this oceanfront gem ticks all the boxes. Don't miss the chance to experience the beauty and serenity of Key Colony Beach.

Details
Maps
Contract Information
Current Price: $795,000
Listing Date: 2023-12-06
Listing Board: Marathon/Lower Keys
List Price: $795,000
As is Rght to Inspct: Yes
Species List: No
Location, Tax & Legal
Street #: 501
Direction: E
Street Name: Ocean
Street Suffix: Drive
Unit #: 25
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
Off Shore Island: No
County: Monroe
Subdivision: Key Colony Bch Club (53.5)
Mile Marker: 53.5
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Flood Zone: AE,AE,VE,VE,AE
Alternate Key #: 8555938
Parcel #: 00073990-002500
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Unknown
Legal: UNIT 25 KEY COLONY BEACH CLUB APARTMENTS OR444-567/68 OR823-2265/66 OR901-1292/93 OR1672-1612/13 OR2802-2102/04
Taxes: 1316.68
Tax Year: 2023
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Unit/Complex: Unit
Pool: Yes
Year Built: 2023
Total Units: 32
Living Apx SqFt: 1064
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Floor Number: 1
Rentals Allowed: Yes
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: Welcome to your brand new dream coastal retreat in Key Colony Beach. This fully furnished, turnkey, 2-bedroom, 2-bath oceanfront condo presents a great investment opportunity. Featuring neutral selections and high-end finishes, this home is a true gem. Embrace the welcoming ambience created by the 9' ceilings and weather-friendly vinyl plank floors throughout that create an inviting and modern atmosphere. The kitchen is a chef's delight, featuring a beautiful backsplash, 42'' upper cabinets, stainless appliances and quartz countertops that exude style and functionality. Both bedrooms offer en suite baths for ultimate convenience and privacy. Every room in this condo, from the living area to the kitchen, primary and guest bedrooms, offers open water views, providing constant connection to the breathtaking surroundings. Step outside onto the expansive 27'x 8' balcony and be captivated by the panoramic open water views and beautiful sunsets - the perfect backdrop for entertaining or simply unwinding after a day in paradise. This home comes fully and newly furnished, including all window treatments, linens and kitchen essentials, ensuring a seamless transition into your new island lifestyle. Additionally, it offers the flexibility of being a weekly rental, making it a great investment opportunity. The community is a haven of relaxation, featuring an oceanfront pool, a pristine white sand beach, community club house, on-site manager and a freshly landscaped courtyard. Your two dedicated covered parking spaces, conveniently located next to the elevator, provide ease and accessibility. Plus, the oversize storage unit ensures ample space for all your beach essentials. Indulge in the island lifestyle you've always dreamed of at this Key Colony Beach condo. Whether you're seeking a permanent residence, a vacation home or an investment property, this oceanfront gem ticks all the boxes. Don't miss the chance to experience the beauty and serenity of Key Colony Beach.
Directions: From Overseas Hwy turn onto Sadowski Cswy, veer left onto E Ocean Drive. Property will be stilted yellow complex on right side. Unit 25 is on 2nd floor in eastern building.
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 4000
Assoc/Mnt Fee Per: Quarterly
Building Style
Above Flood: Yes
Stilt Column Height: Tall - 10Ft & Over
Vehicle Storage
Car(s): 2
Pets
Pets w/Restrictions: Owners Only
Financial Status
Standard Sale: Yes
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: None
Property Condition: New Construction
Vehicle Storage: Carport; Assigned Parking; Guest Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Porch/Balcony: Open Porch/Balcony
Utilities: Buyer to Verify; Community Swr Plant; Elect Separate Meter; FKAA
Interior Features: Quartz Countertops; Split Bedroom; Walk-in Closet(s); Window Treatments
Pre-Wired: Cable
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Sandy Beach; Storage
Pool Info: In Ground; Concrete
Construction: CBS; Combo Construction; Frame
Windows/Doors: Impact Rstnce Doors; Impact Rstnce Window
Floor: Vinyl
Roof: Other Roof
Neighborhood Feature: Airstrip; Beach; Bike Paths; Manager on Premises; Tennis Courts
Security: Patrolled Area
Land Size: 2 Less Than 5 Acres
Terms: Cash; Conventional; No Seller Finance; VA
Title: Negotiable

Listing Office: Berkshire Hathaway HomeServices Keys Real Estate

Last Updated: April - 14 - 2024


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