Back to Search
1 / 25
25 photos
+20
1133 W Ocean Drive 7
Key Colony, FL, 33051
Active$699,000
1133 W Ocean Drive 7
Key Colony, FL, 33051
Active$699,000
3
Bedrooms
3
Bathrooms
1,929 sqft
Living Area
1982
Year Built
Key Colony, FL, 33051
Active$699,000
Key Colony, FL, 33051
Active$699,000
3
Bedrooms
3
Bathrooms
1,929 sqft
Living Area
1982
Year Built
$3,825
HOA / Monthly
166
Days on Market
Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.
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!
See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.
Select a date
Key Colony, FL, 33051
Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]
Listing courtesy of Coldwell Banker Schmitt Real Estate Co. via Florida Keys MLS
Last updated: 7/4/2026
© 2026 Florida Keys Board of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Nearest Bridge Clearances
Florida Keys, critical for tall/large vessels
Estimate your monthly payment for this waterfront property
$139,800 down
Estimated payments only. Actual rates and terms may vary.
$849,0002600 Overseas Hwy 22
Marathon, FL
Courtesy of Florida Keys Real Estate Group via Florida Keys MLS
$595,0005036 Sunset Village Dr
Duck, FL
Courtesy of Keller Williams Realty International Lifestyles via MIAMI REALTORS®
$665,0005081 Sunset Village Drive
Duck Key, FL
Courtesy of Florida Keys Realty Group LLC via Florida Keys MLS
$619,0007005 Harbor Village Drive
Duck Key, FL
Courtesy of RE/MAX All Keys Real Estate via Florida Keys MLS
$872,5002600 Overseas Highway 85
Marathon, FL
Courtesy of American Caribbean Real Estate, Christie's International Real Estate via Florida Keys MLS
$639,0007026 Harbor Village Dr
Duck, FL
Courtesy of Keller Williams Realty Premier Properties - Kendall via Florida Keys MLS