
351 8th St Key Colony Beach, FL 33051
Estimated payment $7,372/month
About This Home
You've Arrived--Now Stay Awhile! Welcome to your waterfront escape in Key Colony Beach! This beautifully remodeled 3-bed, 3-bath half-duplex offers the perfect blend of luxury and relaxation. Overlooking the sparkling pool and canal, you'll enjoy a concrete seawall with direct access to the ocean and bay via Vaca Cut--a boater's dream! Inside, the open-concept living space shines with a modern aqua backsplash, quartz countertops, and stainless steel appliances. The split floor plan ensures privacy, with a spacious master suite featuring an ensuite bath. This home is perfect for an investor, vacation home buyer, or primary home buyer! Key Colony Beach offers exclusive access to the Cabana Club, a par-3 golf course, waterfront dining, and scenic bike/walking paths. Don't wait--start living the island lifestyle today!
Listing Agent
Keller Williams Key West Compass Realty License #513929 Listed on: 05/14/2025

Map
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,900
Year Built
1970
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Half Duplex
- First Right of Refusal: No
- Mandatory HOA: No
- Control Depth: 3
- Dockage Dock Length: 37
- Dockage Seawall: Concrete
- Fee Includes: None
- Key Island: Key Colony
- Limited Representation: No
- Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
- Mile Marker: 53.50
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Ocean
- State Province: FL
- Taxes: 5084.84
- Vehicle Storage: Open Parking, Off Street Parking
- Year Built: 1970
- Alternate Key Number: 8595069
- Cooling Heating: Central Air
- Lot Sq Ft: 4125.00
- Pool Info: In Ground, Fiberglass
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 1511.00
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: MultiFamily
Interior Features
- Total Bathrooms: 3.00
- Full Bathrooms: 3
- Appliances: Washer, Microwave, Oven, Dishwasher, Dryer
- Total Bedrooms: 3
Exterior Features
- Waterfront: Canal Front
- Waterfront: Yes
- Construction: CBS
- Waterview: Canal View
- Pool: Yes
Utilities
- Utilities: FKAA, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00074910-000100
- Land Size: Less Than 1/4 Acre
- Acres: 0.09
Rental Info
- Rentals Allowed: Yes
Tax Info
- Tax Year: 2024
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 |
---|---|---|---|---|
2024 | $4,900 | $512,448 | -- | -- |
2023 | $4,900 | $497,523 | $0 | $0 |
2022 | $4,717 | $483,033 | $0 | $0 |
2021 | $5,362 | $488,759 | $260,906 | $227,853 |
2020 | $5,111 | $481,390 | $247,500 | $233,890 |
2019 | $4,849 | $485,055 | $247,500 | $237,555 |
2018 | $4,146 | $397,270 | $247,500 | $149,770 |
2017 | $3,690 | $398,362 | $0 | $0 |
2016 | $3,764 | $389,778 | $0 | $0 |
2015 | $3,492 | $361,373 | $0 | $0 |
2014 | $3,452 | $349,344 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/14/2025 05/14/25 | For Sale | $1,250,000 | -- | $827 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $855,000 | Elite Title | |
Special Warranty Deed | $483,000 | None Available | |
Deed | -- | Attorney | |
Trustee Deed | -- | None Available | |
Warranty Deed | $825,000 | Florida Keys Title Company | |
Warranty Deed | $502,500 | -- | |
Warranty Deed | $150,000 | -- | |
Warranty Deed | $120,000 | -- | |
Warranty Deed | $70,000 | -- | |
Warranty Deed | $93,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $185,000 | Balloon | |
Previous Owner | $271,000 | Credit Line Revolving | |
Previous Owner | $660,000 | New Conventional | |
Previous Owner | $402,000 | Purchase Money Mortgage | |
Previous Owner | $20,000 | New Conventional | |
Closed | $82,500 | No Value Available |
About the Listing Agent

Everett Watkins is a top producer in the Key West Real Real Estate Market.
Regularly listed as a multi-million dollar producer since 1989, Everett has a wealth of experience and will expertly guide you through all of your Key West real estate transactions. Everett has a deep passion, wide knowledge and specialization in all things Key West. His understanding of the culture, architecture and real estate market conditions is second to none. He brings all of this experience to help buyers
Everett's Other Listings
Source: Key West Association of REALTORS®
MLS Number: 615031

APN: 00074910-000100
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