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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$799,000
501 E Ocean Drive 9
Key Colony, FL 33051
MLS# 616514
2 beds  |  2 baths  |  972 sqft


Spectacular Ocean Views
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Spectacular Ocean Views View of Complex Aerial View of Complex Fishing Pier (Inder Construction) Aerial View of Complex Gorgeous Beach Heated Pool Overlooking Ocean Large Kitchen Breakfast Bar Quartz Countertops Kitchen Stainless Steel Appliances Dining Area Balcony Living Room Living Room Living Room View from Balcony Primary Bedroom Primary Bedroom Primary Bedroom Primary Bedroom Primary Batnroom - Ensuite View from Balcony 2nd Bedroom 2nd Bedroom 2nd bedroom 2nd Bathroom - Ensuite 2nd Bedroom Closet Floor Plan Entrance to Unit 9 Covered Parking for 2 Cars Sandy Beach Sandy Beach Heated Pool Tiki Hut Unit #9 Location Aerial View of Complex Aerial View of Complex Aerial View of Complex Aerial View of Complex Aerial View of Complex Aerial View of Complex Aerial View of Complex Aerial View of Complex Aerial View of Complex

Property Description
Rarely does a 2023 oceanfront masterpiece become available in the heart of the Middle Keys with the highly coveted ability to offer weekly rentals. Welcome to Key Colony Beach Club, the newest premier community in the area. This turn-key 2-bedroom, 2-bathroom residence offers the ultimate in modern coastal living, featuring high-impact glass, 9-foot ceilings, and a layout designed to maximize natural light. The spacious private balcony sits so close to the Atlantic that the ocean becomes your front yard, providing the perfect backdrop for sunrises and evening breezes. Both the primary suite and living area offer direct, unobstructed views of the turquoise waters. Sold fully furnished and currently operating as a high-performing vacation rental, this property is ready for immediate enjoyment or income. Community amenities include a heated oceanfront pool, private sandy beach, Tiki huts, an elevator, and a new fishing pier currently under construction. Owners also benefit from a private storage closet and covered parking for two vehicles. The quarterly HOA is inclusive of cable, Wi-Fi, water, and building insurance. Embrace the walkable Key Colony Beach lifestyle with easy access to golf, pickleball, marinas, and fine dining. This is the modern island retreat you have been waiting for.

Details
Maps
Documents
Contract Information
Listing Board: Florida Keys
As is Rght to Inspct: Yes
Species List: No
Current Price: $799,000
Listing Date: 2025-09-16
List Price: $799,000
Location, Tax & Legal
Unit #: 9
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Flood Zone: AE,AE,VE,VE,AE
Alternate Key #: 8555776
Parcel #: 00073990-000900
Zoning: R-3 - Multi Unit Res
Deed Restrictions: Unknown
Legal: UNIT 9 KEY COLONY BEACH CLUB A CONDO OR901-1292 OR1865-1202 OR1873-998 OR2474-2329 OR2584-2446 OR3233-371 OR3233-503 OR3
Taxes: 4793.44
Tax Year: 2024
Pub Sewer HkUp: Yes
Street #: 501
Direction: E
Street Name: Ocean
Street Suffix: Drive
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Key Colony Bch Club (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Waterfront: Yes
Control Depth: 0
Lot SqFt: 0
Unit/Complex: Complex
Pool: Yes
Total Units: 32
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 7
Floor Number: 2
Style: Condo
Year Built: 2023
Living Apx SqFt: 972
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Rarely does a 2023 oceanfront masterpiece become available in the heart of the Middle Keys with the highly coveted ability to offer weekly rentals. Welcome to Key Colony Beach Club, the newest premier community in the area. This turn-key 2-bedroom, 2-bathroom residence offers the ultimate in modern coastal living, featuring high-impact glass, 9-foot ceilings, and a layout designed to maximize natural light. The spacious private balcony sits so close to the Atlantic that the ocean becomes your front yard, providing the perfect backdrop for sunrises and evening breezes. Both the primary suite and living area offer direct, unobstructed views of the turquoise waters. Sold fully furnished and currently operating as a high-performing vacation rental, this property is ready for immediate enjoyment or income. Community amenities include a heated oceanfront pool, private sandy beach, Tiki huts, an elevator, and a new fishing pier currently under construction. Owners also benefit from a private storage closet and covered parking for two vehicles. The quarterly HOA is inclusive of cable, Wi-Fi, water, and building insurance. Embrace the walkable Key Colony Beach lifestyle with easy access to golf, pickleball, marinas, and fine dining. This is the modern island retreat you have been waiting for.
Directions: From US-1 at mile marker 53.5, turn onto Sadowski Causeway. Stay left onto E. Ocean Drive and continue to 501. Unit 9 is located in the first building of KCBC on the 2nd floor.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Condo Doc's: Yes
Assoc Approval Req: Yes
Association Fee $: 1541.58
Assoc/Mnt Fee Per: Monthly
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Cable: 1
Common Area Mnt: 1
Sewer: 1
Water: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets w/Restrictions: Owners Only - 2 pets
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
Central: 1
Electric: 1
Waterfront
Oceanfront: 1
Waterview
Ocean View: 1
Neighborhood Feature
Airstrip: 1
Beach: 1
Bike Paths: 1
Manager on Premises: 1
Tennis Courts: 1
Interior Features
Drapes/Blinds Incl: 1
Quartz Countertops: 1
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Walk-in Closet(s): 1
Property Condition
New Construction: 1
Building Style
Above Flood: Yes
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 2
Carport: 1
Covered Parking: 1
Assigned Parking: 1
Off Street Parking: 1
Construction
Concrete: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Community Swr Plant: 1
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Title Ins - Buyer: 1
Exterior Features
Lighting: 1
Sandy Beach: 1
Sprinkler System: 1
Storage: 1
Pool Info
In Ground: 1
Concrete: 1
Pre-Wired
Cable: 1
Roof
Concrete Roof: 1
GF-Interior Features
Tankless Hot Wtr Htr: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water
Tax Exemptions: None
Waterfront: Oceanfront
Waterview: Ocean View
Dockage: None
Property Condition: New Construction
Vehicle Storage: Carport; Assigned Parking; Covered Parking; Off Street Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Heating: Central
Utilities: Buyer to Verify; Cable Available; Community Swr Plant; FKAA; Municipal Sewer
Interior Features: Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s)
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Lighting; Sandy Beach; Sprinkler System; Storage
Pool Info: In Ground; Concrete
Construction: Concrete
Roof: Concrete Roof
Neighborhood Feature: Airstrip; Beach; Bike Paths; Manager on Premises; Tennis Courts
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Title Ins - Buyer
GF-Interior Features: Tankless Hot Wtr Htr
Listing Documents
View Document KCBC Rules & Regulations
View Document KCBC #9 Facts & Features

Listing Office: RE/MAX All Keys Real Estate

Last Updated: March - 19 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)