1001 W Ocean Drive Unit 1-305
Key Colony, FL 33051
- 2 beds
- 2 baths
- 1,260 sqft
- $689 per sqft
- 1980 build
- – on site
This is a rare opportunity to own the best priced DIRECT OCEANFRONT 2 bedroom, 2 bathroom condo in Key Colony Beach. Located in the highly exclusive Monte Christo complex, this 1,260 sq. ft. unit offers breathtaking ocean views from the kitchen, dining room, living room, and master bedroom. This meticulously maintained condo is move-in ready, with furniture negotiable, allowing you to personalize the space to your liking. Plus, enjoy the benefits of condo living with no maintenance responsibilities, so you can spend more time enjoying the views and less time on upkeep. The Monte Christo community offers fantastic amenities, including two pools, tennis and shuffleboard courts, and a detached one-car garage. Situated in an ideal location, you're just minutes from Million Air Marathon Airport, Baptist Fishermen's Community Hospital, local dining, parks, and marinas, with a short walk to the golf course and professional pickleball courts. Not only is this a beautiful home, but it's also a strong investment opportunity with rental bookings already secured for 2025, making it ready to generate immediate rental income. Whether you're looking for a serene oceanfront retreat or a profitable vacation rental, this condo offers unmatched value, comfort, and convenience. Schedule your showing today.
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Last updated Feb 10, 2025
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MLS# 612911 —
The Building
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Year Built:1980
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Construction:CBS
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Style:Condo
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Unit #:1-305
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Exterior Features:Sandy Beach, Tennis Court(s)
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Windows/Doors:Impact Rstnce Window, Impact Rstnce Doors
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Roof:Other Roof
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Porch/Balcony:Open Porch/Balcony
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Accessibility Features:Accessible Elevator Installed
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Security:Patrolled Area
Interior
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Specialty Rooms:Laundry Room, Utility Room
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Furnished:Negotiable
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Interior Features:Split Bedroom, Granite Counter Top, Smoke Alarms, Elevator, Entrance Foyer
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Floor:Tile
Financial & Terms
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Terms:No Seller Finance, Cash, VA, Conventional
Location
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Directions:From Mile Marker 53.5 on Overseas Highway, turn at the light onto Sadowski Causeway. Turn right on West Ocean. Monte Christo is on the left. The condo is located on the 3rd floor of Building 1.
The Property
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Parcel #:00078820-002000
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Property Condition:Updated/Remodeled
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Land Size:More than 1 Lot
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Waterfront:Oceanfront, Open Water
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Zoning:R-3 - Multi Unit Res
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Waterfront:Yes
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Waterview:Ocean View, Open Water View
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Flood Zone:VE,AE,AE,AE,AE,VE
Listing Agent
- Contact info:
- Agent phone:
- (305) 395-0814
- Office phone:
- (305) 743-5181
Taxes
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Tax Year:2023
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Taxes:6869.00
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Tax Exemptions:None
Beds
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Total Bedrooms:2
Baths
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Total Baths:2.00
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Full Baths:2
The Listing
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Bank Owned:No
Heating & Cooling
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Cooling:Central Air
Utilities
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Utilities:FKAA, Elect Separate Meter, Cable Available, Buyer to Verify
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
The Community
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Subdivision:Monte Christo (53.5)
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Neighborhood Features:Tennis Courts, Airstrip, Bike Paths, Beach, Manager on Premises
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Pool Info:In Ground
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Dockage:None
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Pets: Pets w/Restrictions:1 dog under 40#
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Fee Includes:Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
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Association Info: Association Fee $:7220.00
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Association Info: Mandatory Home Owners Asc:Yes
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Association Info: Assoc/Mnt Fee Per:Quarterly
Parking
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Vehicle Storage:Garage, Off Street Parking, Guest Parking, Open Parking, Detached
Monthly cost estimate
Asking price
$869,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,653
|
| Taxes | $572 |
| Insurance | $238 |
| Utilities | $143 See report |
| Total | $5,606/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/10/25
Feb 10, 2025
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Price Changed | FLKMLS | $869,000 | -3.3% |
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1/1/25
Jan 1, 2025
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Listed / Active | FLKMLS | $899,000 |
