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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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501 E Ocean Dr 28 , Key Colony, FL 33051
$749,000
Est. Payment: $3,780.26/mo
2 Bed
2 Bath
972 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Rarely does a nearly new oceanfront residence with weekly rental eligibility become available in the heart of the Middle Keys. Welcome to Key Colony Beach Club, one of the area's premier waterfront communities. Built in 2023, this beautifully appointed 2-bedroom, 2-bath residence offers impact-rated glass, 9-foot ceilings, abundant natural light, and an expansive private balcony with breathtaking Atlantic Ocean views from both the living area and primary suite. Offered fully furnished and currently operating as a successful vacation rental, it's ready for immediate enjoyment or investment. Residents enjoy a heated oceanfront pool, private sandy beach, tiki huts, elevator access, a new fishing pier, private storage, and covered parking for two vehicles. The quarterly HOA includes building insurance, water, cable, and high-speed internet. Ideally located within walking distance to golf, pickleball, marinas, waterfront dining, and all that Key Colony Beach has to offer.

Highlights

Listed by Maria Acosta , 305-322-1973 Keller Williams Capital Realty , 305-662-7325. REALTOR Association of Greater Miami and the Beach

Property Type

Condo/Townhome

HOA Fee

4250 Quarterly

Year Built

2023

County

Monroe

Area

98 Florida Keys

Neighborhood

Key Colony Beach Club

Listing ID

A12049453

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Air Cond:Central Air,Ceiling Fan(s),Electric
Fireplaces:
Floor:Ceramic Tile
Other:Bedroom on Main Level,First Floor Entry,Pets Allowed

Exterior Features

Lot:Ocean Front
Others:Balcony
Parking Features:Assigned,Guest
Principal Interest
$3,780
Taxes
$542
HOA
$4,250

Home Price

$749,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$149,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,780.26

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,780.26 $541.67 $4,250.00 $8,571.93
Yearly $45,363.13 $6,500.00 $51,000.00 $102,863.13
Total $1,360,894.04 $195,000.00 $1,530,000.00 $3,085,894.04

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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Market insight data is pulled from the same city as the listing being viewed (Key Colony, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T02:00:00.000Z

© 2026 REALTOR Association of Greater Miami and the Beach