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1133 W Ocean Drive , #7

Key Colony, FL 33051
  • $699,000
  • STATUS: Active
  • ON SITE: 4 Days
  • MLS #: 618469
New On Site 4 Days Ago
UPDATED: 62 min ago
$699,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,929
    SQFT
  • $362
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1982
County:

School Ratings & Info

Description

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 balcony--an 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 management--allowing 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!

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/172722115
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1133 W Ocean Drive , #7 Key Colony, FL 33051

  • Price: $699,000
  • Status: Active
  • On Site: 4 Days
  • Updated: 62 min ago
  • MLS #: 618469
3
Beds
3
Baths
0
½ Baths
N/A
Acres
1,929
SQFT
$362
$/SQFT
1982
Built
Neighborhood:
Key Colony Point (53.5)
County:
Monroe
Area:
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Property Description
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 balcony--an 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 management--allowing 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!
Exterior Features

Above Flood Yes Building Style Townhouse Construction CBSConcrete Dockage None Exterior Features Chickee HutTennis Court(s)Sandy BeachOutdoor ShowerHot Tub Land Size Less Than 1/4 Acre Pool Info In GroundConcrete Pool Info Heated Yes Pool YN Yes Porch Balcony Open Porch/BalconyScreened PatioPatio Roof Metal Roof Side Ocean Style Townhouse Vehicle Storage Covered Parking Waterfront OceanfrontOpen Water Waterfront YN Yes Waterview Ocean ViewOpen Water View

Interior Features

Appliances WasherMicrowaveRangeRefrigeratorDishwasherDryer Cooling Heating Central AirCeiling Fans(s) Floor Tile Furnished Furnished Interior Features Drapes/Blinds InclWalk-in Closet(s)Window Treatments Pre Wired Cable Specialty Rooms Laundry Room Windows Doors Sliding Glass Doors

Property Features

Assoc Fee 3825.00 Assoc Hoa YN Yes Assoc Maint Fee Per Monthly Assoc Right Of Refusal Yes City KEY COLONY Condo Unit Complex Unit Control Depth 0 Deed Restrictions Unknown Fee Includes CableCommon Area MntBuilding InsuranceBldg Exterior MntWaterExterminatingSewer Listing Board Marathon/Lower Keys Mile Marker 53.50 Neighborhood Features Community Boat RampBike PathsBeachManager on PremisesTennis Courts Pets With Restrictions owners only under 20 Public Sewer Hookup Yes Rentals Allowed Yes Security Patrolled Area Sq Ft Source Tax Records Tax Exemptions None Tax Year 2025 Taxes 7827.78 Terms CashConventional Utilities FKAACable AvailableBuyer to VerifySewer Available Zoning R-3 - Multi Unit Res

Listing courtesy of Jennifer Hamill of Coldwell Banker Schmitt Real Estate Co.: (305) 743-5181.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036