Casey Elliott - Key Colony Beach Realty Logo
$1,848,000
 $9,920 est/mo Sourced by Back At You

461 & 471 3rd Street,KEY COLONY, FL 33051

KEY COLONY, FL 33051

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Description

Capitalize on proven income and flexibility with this fully furnished, turnkey waterfront duplex generating approx. $100K/year in rental income! Built above flood for added peace of mind and potential insurance savings, this well-established (for 10+ years) vacation rental features two spacious 3BD/2BA units with private entrances and parking. Enjoy 60 ft. of deep-water dockage on a wide canal with immediate ocean access, plus two private waterfront outdoor living spaces framed by lush tropical landscaping and privacy fencing between. Whether you rent both units, live in one and rent the other or enjoy as a multi-family retreat, this property offers unmatched versatility at a price point well below comparable 6-bedroom waterfront single-family homes in Key Colony Beach. Just ¼ mile from the Cabana Club and close to beaches, dining, and shopping--ready for immediate use or continued rental success!

Details

MLS #615206
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1997
Days On Site452
Listing Provided ByIsland Breeze Realty, LLC | David N. Grego

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet2,528
Units2
ZoningR-2A - Key Colony Two Family
Acreage0.16
Water FrontYes
Property ViewCanal

Taxes

Property6941

Area Information

StateFL
CountyMonroe
CityKEY COLONY
Zip Code33051
Area17 Vaca Cut Both Sides Holiday Inn | Key Colony
Community NameKey Colony Beach (53.5)
Sourced by Back At You

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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

Casey Elliott

Casey Elliott

Key Colony Beach Realty Inc

SL3359359 (305) 289-0621casey@keysproperties.com
StateFL
CountyMonroe
CityKEY COLONY
Zip Code33051
Area17 Vaca Cut Both Sides Holiday Inn | Key Colony
Community NameKey Colony Beach (53.5)
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.386M - $2.31M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
511 4Th Street Property Photo 1
$2,275,000
511 4th Street
Key Colony, FL 33051
330-340 4th Street Property Photo 1
$1,849,000
330-340 4th Street
Key Colony, FL 33051
Listing Updated: May 25, 2026 at 7:24:46 AM PDT

Casey Elliott - Key Colony Beach Realty