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1133 W Ocean Drive #7, 
Key Colony, FL 33051

$699,000


3

Beds


3

Baths


1,929

Sq Ft


Condo


Virtual Tour

Active

305-743-5181

Last updated:

March 11, 2026, 02:29 PM

MLS#

618469

Source:

FL FKBOR

About This Home

1133 W Ocean Drive #7

Discover refined coastal elegance at 1133 W Ocean Drive, Unit #7, an exceptional 3-bedroom, 3-bath oceanfront townhome offering 1,929 square feet of coastal living in the highly sought-after Key Colony Point community. This property blends luxury lifestyle with strong income potential allowing 7-day rentals, making it ideal as both a vacation getaway and a savvy investor. Floor-to-ceiling coastal views unfold from the main floor expansive private open-air balcony overlooking the Atlantic Ocean, oceanfront pool, and lush tropical landscaping. While most people walk to Sunset Park to enjoy sunsets, this residence offers rare, front-row sunset views directly from your own waterfront balconyan amenity few properties in Key Colony Beach can claim. Designed for effortless island living, the spacious layout offers generous bedroom suites, inviting living spaces, and seamless indoor-outdoor flow ideal for perfect for maximizing guest satisfaction and repeat bookings. Owners and guests enjoy resort-style amenities including a large oceanfront pool, fishing pier, private beach lounging areas, grilling station, chickee hut, shuffleboard, tennis/pickleball courts, and covered garage parking. The HOA includes building insurance, exterior maintenance, amenities, and on-site managementallowing owners to operate a low-maintenance, high-demand rental with fewer headaches. Whether used as a dedicated income-producing asset or a hybrid personal-use investment, this townhome stands out as a rare combination of flexible rental terms and income scalability. This townhome presents a rare entry point into an exclusive oceanfront community, offering exceptional value in a premier coastal setting prime oceanfront location. Whether as a private coastal retreat, a high-performing vacation rental, or a blend of both, this oceanfront opportunity delivers location, views, and versatility all in one exceptional property. Call today!

Home Facts

Condo

3 Baths

3 Bedrooms

Built in 1982

Price Summary

699,000

$362 per Sq. Ft.

MLS #:

618469

Last Updated:

March 11, 2026, 02:29 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,929 Sq. Ft.


Structure

Structure

Architectural Style:

Townhouse

Building Area:

1,929 Sq. Ft.

Year Built:

1982


Finances & Disclosures

Finances

Price:

$699,000

Price per Sq. Ft:

$362 per Sq. Ft.

1133 W Ocean Drive #7
Source:FL FKBOR
The information being provided by Florida Keys Board Of REALTORS®, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Florida Keys Board Of REALTORS®, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.