For sale Residential

Listed Oct 23, 2026

$625,000 Est. $4,134/mo

601 West Ocean Drive Unit 302

  • 2

    Beds

  • 2

    Baths

  • 1,234

    Sq ft

The story

Unit UNIT 302 at 601 West Ocean Drive is a 2-bedroom, 2-bathroom residential in Key Colony, FL with 1,234 sq ft of living space, built in 1975. It is currently listed at $625,000.

Discover your slice of paradise at The Cay Condominiums in Key Colony Beach! This meticulously maintained 2 bedroom, 2 bath beautifully updated condo offers a tastefully decorated interior with an inviting coastal feel, perfect for a full-time residence, second home, or investment opportunity with a 14-day minimum rental period. Enjoy the best of Florida Keys living with direct access to the community's private beach, sparkling swimming pool, assigned parking, and ample guest parking. With building renovations nearing completion, The Cay offers an exciting opportunity to own in this desirable beachfront community. Located in the heart of Key Colony Beach, you'll enjoy an exceptional island lifestyle with a par-3 golf course, two children's parks, dog parks, bocce ball, horseshoes, scenic walking paths, local restaurants, and the beloved Sunset Park, known for its breathtaking sunsets. Whether you're looking to relax by the water, enjoy the outdoors, or generate rental income, this condo offers the perfect combination of comfort, convenience, and coastal living. Your Florida Keys lifestyle awaits!

Facts & features

Home type

Residential

Year built

1975

Price per sq ft

$506

Mortgage calculator

Estimated monthly payment

$4,134 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,327
  • Property tax $625
  • Insurance $182

Includes principal, interest, taxes & insurance.

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Listing Broker

Coldwell Banker Schmitt Real Estate Co.

Broker Name

Coldwell Banker Schmitt Real Estate Co.

Agent

Natalie M. Ardis