340 E Ocean Dr Key Colony Beach, FL 33051
Estimated payment $8,805/month
Highlights
- Home fronts a canal
- No HOA
- Seawall
- Coral Shores High School Rated A
- Tile Flooring
About This Home
Full 2 side Duplex - A Fantastic Investment Opportunity! Live in one side and rent out the other! Unit 340 (East Side): Features a spacious split floor plan with 3 bedrooms and 2 full baths. The open-concept living areas boast soaring ceilings and expansive canal views. Enjoy outdoor entertaining on the covered deck, perfect for relaxing by the water. Boaters and anglers will appreciate the 50-foot dock, offering quick access -- just 5 minutes to the open ocean and 10 minutes to the Gulf. Unit 350 (West Side): Offers 2 bedrooms, 1 bath, and a bright open living, dining, and kitchen area, with its own private deck for outdoor enjoyment. Additional highlights include extensive storage space beneath the home and ample parking. Conveniently located across from the Cabana Club and Havana Jack's, and within walking or biking distance to the marina, golf course, tennis and pickleball courts, basketball courts, playgrounds, horseshoe and bocce ball areas, post office, police and city buildings, and Sunset Park. Whether you're looking for a retirement home, primary residence, or a high-demand vacation rental, this duplex offers it all both sides have a full kitchen and private entrance-- a slice of paradise and an excellent investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,836
Year Built
- Built in 1986
Lot Details
- 5,859 Sq Ft Lot
- Home fronts a canal
Home Design
- Duplex
- Frame Construction
Interior Spaces
- 2,134 Sq Ft Home
- Tile Flooring
- Canal Views
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Seawall
Utilities
- Public Hookup Available For Sewer
- Community Sewer or Septic
- Cable TV Available
Community Details
Overview
- No Home Owners Association
- Key Colony Beach Botel Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $11,724 | $1,068,846 | $574,241 | $494,605 |
| 2024 | $11,165 | $1,215,360 | $720,174 | $495,186 |
| 2023 | $11,165 | $1,266,015 | $752,764 | $513,251 |
| 2022 | $9,348 | $872,491 | $445,987 | $426,504 |
| 2021 | $6,723 | $577,087 | $232,895 | $344,192 |
| 2020 | $6,429 | $572,129 | $221,910 | $350,219 |
| 2019 | $5,911 | $515,256 | $223,316 | $291,940 |
| 2018 | $6,146 | $603,086 | $294,122 | $308,964 |
| 2017 | $5,580 | $559,163 | $0 | $0 |
| 2016 | $5,560 | $570,906 | $0 | $0 |
| 2015 | $4,940 | $467,783 | $0 | $0 |
| 2014 | $4,767 | $452,802 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $1,550,000 | 0.0% | $726 / Sq Ft | |
| 02/11/2026 02/11/26 | Price Changed | $1,550,000 | -3.1% | $726 / Sq Ft | |
| 02/06/2026 02/06/26 | Off Market | $1,600,000 | -- | -- | |
| 11/06/2025 11/06/25 | For Sale | $1,600,000 | +89.3% | $750 / Sq Ft | |
| 03/23/2021 03/23/21 | Sold | $845,000 | -10.6% | $396 / Sq Ft | View Prior Sale |
| 11/12/2020 11/12/20 | For Sale | $945,000 | -- | $443 / Sq Ft |
Source: Florida Keys Board of REALTORS®
MLS Number: 617213
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Ask me questions while you tour the home.