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201 E Ocean Drive #1-311, 
Key Colony, FL 33051

$499,900

Last List Price

2

Beds


2

Baths


994

Sq Ft


Condo

Sold

Listed by

Darlene Alferes

Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

MLS#

616448

Source:

FL FKBOR

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About This Home

201 E Ocean Drive #1-311

Welcome to your slice of paradise in Key Colony Beach. This beautifully updated 3rd floor condo offers breathtaking, unobstructed views of the Atlantic Ocean from your private balcony, all while being ideally located in a quiet, private corner of the complex for the perfect blend of serenity and scenery. Inside, you'll find tile flooring throughout, an updated kitchen with granite counters, and modern tile bathrooms. A private washer and dryer and convenient elevator access provide everyday comfort. The entire complex has been recently and completely renovated, showcasing a beautiful array of resort style amenities. Enjoy direct access to a private sandy beach, relax by the oceanfront pool, or play a friendly game on the tennis and pickleball courts. A fishing pier adds to the coastal lifestyle, while the landscaped courtyards create a peaceful, community atmosphere. With on site management and bi weekly rentals allowed, this condo offers an excellent investment opportunity, and the owner already has rentals in place to help generate immediate income. Whether you are seeking a personal retreat or a strong investment property, this move in ready condo delivers the ultimate Florida Keys lifestyle. GREAT NEW PRICE! Don't miss out on this amazing opportunity!

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 1975

Price Summary

499,900

$502 per Sq. Ft.

MLS #:

616448


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2


Structure

Structure

Building Area:

994 Sq. Ft.

Year Built:

1975


Finances & Disclosures

Finances

Price:

$499,900

Price per Sq. Ft:

$502 per Sq. Ft.

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. FL FKBOR Member Broker: Brian Schmitt