About 501 E Ocean Drive #28
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.
Features of 501 E Ocean Drive #28
| MLS® # | A12049453 |
|---|---|
| USD | $715,000 |
| CAD | $999,785 |
| CNY | 元4,795,648 |
| EUR | €622,826 |
| GBP | £533,630 |
| RUB | ₽60,388,543 |
| Last Listing Price | $749,000 |
| HOA Fees | $4,250 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Year Built | 2023 |
| Type | Residential |
| Sub-Type | Condominium |
| Restrictions | Limited # Vehicles, See Remarks |
| Unit Floor | 2 |
| Status | Closed |
| HOPA | Yes |
| Membership Equity | No |
Community Information
| Address | 501 E Ocean Drive #28 |
|---|---|
| Area | 5940 - Other Florida County |
| Subdivision | KEY COLONY BEACH CLUB |
| City | Key Colony Beach |
| County | Monroe |
| State | FL |
| Zip Code | 33051 |
Amenities
| Amenities | Golf Course, Jogging Path, Playground, Pool, Tennis Court(s), Heated Pool, Maintenance |
|---|---|
| Parking | Assigned, Guest |
| View | Ocean |
| Is Waterfront | Yes |
| Waterfront | Deeded Beach Access, Ocean Front |
| Has Pool | No |
| Pets Allowed | Yes |
| Subdivision Amenities | Golf Course, Jogging Path, Playground, Pool, Tennis Court(s), Heated Pool, Maintenance |
| Security | Smoke Detector(s), Security Patrol |
Interior
| Appliances | Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Washer |
|---|---|
| Heating | Central, Electric |
| Cooling | Central Air, Ceiling Fan(s), Electric |
| Fireplace | No |
| # of Stories | 3 |
| Master Bedroom | Separate Shower, Bedroom On Entry Level |
Exterior
| Exterior Features | Balcony |
|---|---|
| Construction | Block |
School Information
| Elementary | Stanley Switlik |
|---|---|
| Middle | Marathon |
| High | Coral Shores |
Additional Information
| Date Closed | September 1st, 2026 |
|---|---|
| Date Listed | July 7th, 2026 |
| Days on Market | 73 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 4250 |
| HOA Fees Freq. | Quarterly |
| Parcel ID | 00073990002800 |
Listing Details
| Office | Keller Williams Capital Realty |
|---|