$550,000
$25K PRICE DROP

251 2nd St Key Colony Beach, FL 33051

Estimated payment $3,336/month

Total Views 852
2 Beds
1 Bath
750 Sq Ft
$733 Price per Sq Ft

Highlights

  • Beach
  • Tennis Courts
  • Granite Countertops
  • Coral Shores High School Rated A
  • Furnished
  • No HOA

About This Home

A Piece of Paradise in Key Colony Beach!This charming 2-bedroom, 1-bath home is nestled in the heart of the Florida Keys, in the highly sought-after Key Colony Beach community. Inside, you'll find tile floors, granite countertops, and impact-rated windows and doors for peace of mind.Step outside to your lush backyard -- perfect for relaxing or entertaining guests. Enjoy exclusive access to the Cabana Club, complete with a beach, pool, and dining.Added bonus: this home boasts a strong rental history, making it not only an island retreat but also a smart investment opportunity.

Listing Agent

Maria Acosta

Keller Williams Capital Realty License #3306691 Listed on: 09/28/2025

Keller Williams Capital Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,045

Year Built

  • Built in 1972

Lot Details

  • 3,300 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Impact Glass

Outdoor Features

  • Tennis Courts
  • Patio

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch Yacht Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,045

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Other Area Features, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 5045.00
  • Year Built: 1972
  • Alternate Key Number: 9085457
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 3300.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 750.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counter Top, Window Treatments
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Tar/Gravel Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,049 $488,054 $305,791 $182,263
2023 $5,049 $470,452 $300,836 $169,616
2022 $3,348 $309,735 $163,840 $145,895
2021 $3,127 $265,118 $138,848 $126,270
2020 $2,759 $237,097 $109,395 $127,702
2019 $2,638 $224,768 $94,248 $130,520
2018 $2,647 $238,871 $105,369 $133,502
2017 $2,475 $241,852 $0 $0
2016 $2,372 $219,836 $0 $0
2015 $2,268 $223,870 $0 $0
2014 $1,987 $159,829 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 For Sale $525,000 -4.5% $700 / Sq Ft
10/10/2025 10/10/25 Price Changed $550,000 -4.3% $733 / Sq Ft
09/28/2025 09/28/25 For Sale $575,000 -- $767 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $579,000 New Title Company Name
Warranty Deed $350,000 None Listed On Document
Warranty Deed $350,000 None Listed On Document
Warranty Deed $189,000 Attorney
Interfamily Deed Transfer -- Attorney
Deed -- --
Warranty Deed $365,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,000 New Conventional
Previous Owner $280,000 New Conventional
Previous Owner $151,200 New Conventional
Previous Owner $175,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 616639

Florida Keys Board of REALTORS®

APN: 00072380-000100

Florida Monroe County Key Colony Beach 33051

251 2nd St, Key Colony Beach, FL

This home is located at 251 2nd St, Key Colony Beach, FL 33051 and is currently priced at $550,000, approximately $733 per square foot. This property was built in 1972. 251 2nd St is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Maria Acosta
Section Image
Keller Williams Capital Realty
(305) 686-2483