1133 W Ocean Drive 7, Key Colony, FL

$699,000

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3

Beds

3

Baths

1,929

Square feet

About 1133 W Ocean Drive 7

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!

Features of 1133 W Ocean Drive 7

MLS® # 618469
Price $699,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 1,929
Year Built 1982
Type Residential
Sub-Type Townhouse
Style Townhouse
Status Active

Community Information

Address 1133 W Ocean Drive 7
Area 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Subdivision Key Colony Point (53.5)
City Key Colony
County Monroe
State FL
Zip Code 33051

Amenities

Amenities Community Boat Ramp, Manager on Premises, Beach, Bike Paths
Utilities FKAA, Sewer Available, Buyer to Verify, Cable Available
Parking Covered Parking
View Ocean View, Open Water View
Is Waterfront Yes
Waterfront Oceanfront, Open Water
Has Pool Yes
Pool In Ground, Concrete

Interior

Interior Features Drapes/Blinds Incl, Walk-in Closet(s), Window Treatments
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave
Cooling Central Air, Ceiling Fans(s)
Fireplace No
Has Basement No

Exterior

Exterior Features Chickee Hut, Hot Tub, Outdoor Shower, Sandy Beach, Tennis Court(s)
Lot Description Less Than 1/4 Acre
Windows Sliding Glass Doors
Roof Metal Roof
Construction CBS, Concrete

Additional Information

Date Listed February 4th, 2026
Days on Market 96
Zoning R-3 - Multi Unit Res
Short Sale No
RE / Bank Owned No
HOA Fees 3825
HOA Fees Freq. Monthly

Listing Details

AgentJennifer Hamill
OfficeColdwell Banker Schmitt Real Estate Co.

Listing Map

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