1101 W Ocean Drive 1, KEY COLONY, FL

$524,500

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2

Beds

2

Baths

990

Square feet

About 1101 W Ocean Drive 1

Enjoy the convenience of having a private beach access steps away from your door! Come see for yourself why this property has been treasured by the family for over 45 years. Indulge in the beauty of the Florida Keys with this rare opportunity to own a pristine beachfront condo. This freshly painted ground level two-bedroom, two-bathroom haven offers breathtaking views of the Atlantic Ocean from every window. Sip your morning coffee enjoying the morning breeze on the balcony as the waves lap the shores and the sun rises above the horizon. With a private beach access at your feet, you can easily spend your days lounging on the white sandy beach, swimming in the crystal clear water, and soaking up the warm Keys sunshine. The condo itself is a turn-key vacation rental, fully furnished and bookings already in place. With similar oceanfront condos grossing over $75,000 in the past year with quite a few weeks of owner usage, this property has the potential to generate significant rental income. The spacious master bedroom boasts unparalleled views of the ocean, creating a peaceful and serene setting for relaxation. The property also includes a large heated pool, a tiki hut for shade, and a BBQ area for grilling up your catch of the day. You'll have everything you need for the ultimate beach vacation. This is your chance to own a piece of paradise in the coveted Key Colony Beach. Come see for yourself what makes this property special!

Features of 1101 W Ocean Drive 1

MLS® # 613034
Price $524,500
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 990
Year Built 1973
Type Residential
Sub-Type Condo
Status Active

Community Information

Address 1101 W Ocean Drive 1
Area 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Subdivision Sea Isle Condominium (AKA Cont. Cond) (53.5)
City KEY COLONY
County Monroe
State FL
Zip Code 33051

Amenities

Amenities Manager on Premises, Beach
Utilities FKAA, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
Parking Assigned Parking, Guest Parking, Open Parking
View Ocean View, Open Water View
Is Waterfront Yes
Waterfront Oceanfront
Has Pool Yes
Pool In Ground, Decked, Concrete

Interior

Interior Features Smoke Alarms
Appliances Dishwasher, Microwave, Oven, Range, Refrigerator
Cooling Central Air, Ceiling Fans(s)
Fireplace No
Stories 3 Stories

Exterior

Lot Description 1 Less Than 2 Acres
Construction CBS

Additional Information

Date Listed January 8th, 2025
Days on Market 77
Zoning R-3 - Multi Unit Res
Short Sale No
RE / Bank Owned No
HOA Fees 2725.00
HOA Fees Freq. Quarterly

Listing Details

AgentFrank Griffiths
OfficeOcean Sotheby's International Realty

Listing Map

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