Seller's Agent in 2026
Erin Voelliger
Ocean Sotheby's International
2 in this area
5 Total Sales
571 8th St Key Colony Beach, FL 33051
5
Beds
4
Baths
2,333
Sq Ft
8,250
Sq Ft Lot Lot
Highlights
- Dock made with concrete
- Boat Lift
- RV or Boat Parking
- Coral Shores High School Rated A
- Heated In Ground Pool
- RV Parking in Community
About This Home
As of January 2026Embrace the laid back charm of the Florida Keys with this beautifully renovated full duplex in the highly sought after community of Key Colony Beach. This turnkey property features five bedrooms, four bathrooms, and is licensed for 7-night weekly rentals, making it ideal for both personal use and income generation. Fully updated from top to bottom, each unit boasts modern kitchens with new appliances, renovated bathrooms, impact-rated windows and doors, stylish finishes, in-unit laundry, and separate electric meters. The upstairs unit features two bedrooms and two bathrooms, accompanied by a covered porch that offers scenic views of the water. The downstairs unit, on the other hand, boasts three bedrooms and two bathrooms, along with a screened-in patio perfect for relaxing outdoors. Outside, enjoy 75 feet of waterfront with a concrete seawall, davits, a fish cleaning station, and direct ocean and bay access via nearby Vaca Cut. The expansive lot features a private salt water pool with a newly installed heater/chiller, outdoor shower, tiki hut, spacious outdoor gathering area, fenced yard, one-car garage, and ample parking for vehicles, trailers, or even an RV. Just steps from biking/walking paths, Sunset Park, tennis and pickleball courts, a golf course, and popular restaurants, this exceptional property offers versatile potential. Live in one unit and rent out the other, co-own with family or friends, or capitalize on the vacation rental investment potential. Don't miss this true Keys gem in one of the most desirable locations in the Middle Keys.
Last Agent to Sell the Property
Ocean Sotheby's International License #3516587 Listed on: 08/21/2025
Last Buyer's Agent
American Caribbean Real Estate, Christie's International Real Estate License #3074981
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,691
Year Built
- Built in 1970 | Remodeled
Lot Details
- 8,250 Sq Ft Lot
- Home fronts a canal
- Fenced
Home Design
- Duplex
Interior Spaces
- 2,333 Sq Ft Home
- Ceiling Fan
- Canal Views
- Impact Glass
Kitchen
- Oven
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Garage
- Guest Parking
- Open Parking
- Off-Street Parking
- RV or Boat Parking
Pool
- Heated In Ground Pool
- Outdoor Shower
Outdoor Features
- Davits
- Seawall
- Boat Lift
- Dock made with concrete
- Balcony
- Deck
- Screened Patio
- Exterior Lighting
- Tiki or Chickee Hut
Utilities
- Forced Air Heating and Cooling System
- Public Hookup Available For Sewer
Listing and Financial Details
- Minimum Rental Period: 7
- Assessor Parcel Number 00075020-000000
Community Details
Overview
- No Home Owners Association
- Key Colony Bch 1St Addn Amd Plat Subdivision
- Rental Restrictions
- RV Parking in Community
Pet Policy
- Pets Allowed
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/16/2026 01/16/26 | Sold | $1,900,000 | -4.8% | $814 / Sq Ft | |
| 12/17/2025 12/17/25 | Pending | -- | -- | -- | |
| 12/08/2025 12/08/25 | Price Changed | $1,995,000 | -2.7% | $855 / Sq Ft | |
| 10/28/2025 10/28/25 | Price Changed | $2,050,000 | -2.4% | $879 / Sq Ft | |
| 08/21/2025 08/21/25 | For Sale | $2,100,000 | +7.7% | $900 / Sq Ft | |
| 12/20/2024 12/20/24 | Sold | $1,950,000 | -2.0% | $879 / Sq Ft | View Prior Sale |
| 10/17/2024 10/17/24 | For Sale | $1,990,000 | +35.4% | $897 / Sq Ft | |
| 03/28/2023 03/28/23 | Sold | $1,470,000 | -1.7% | $663 / Sq Ft | View Prior Sale |
| 02/27/2023 02/27/23 | Pending | -- | -- | -- | |
| 02/17/2023 02/17/23 | Price Changed | $1,495,000 | -9.3% | $674 / Sq Ft | |
| 02/10/2023 02/10/23 | Price Changed | $1,649,000 | -7.4% | $743 / Sq Ft | |
| 02/03/2023 02/03/23 | For Sale | $1,780,000 | -- | $803 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
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 | $12,691 | $1,609,168 | $652,245 | $956,923 |
| 2024 | $11,301 | $1,205,885 | $862,125 | $343,760 |
| 2023 | $11,301 | $1,215,484 | $862,125 | $353,359 |
| 2022 | $10,257 | $1,094,729 | $643,500 | $451,229 |
| 2021 | $9,377 | $872,992 | $462,000 | $410,992 |
| 2020 | $8,203 | $752,524 | $332,063 | $420,461 |
| 2019 | $8,219 | $754,222 | $327,938 | $426,284 |
| 2018 | $7,900 | $752,248 | $327,938 | $424,310 |
| 2017 | $6,495 | $666,464 | $0 | $0 |
| 2016 | $6,456 | $628,067 | $0 | $0 |
| 2015 | $6,378 | $619,013 | $0 | $0 |
| 2014 | $6,549 | $620,658 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Voelliger
-
Carolyn Ambler
Buyer's Agent in 2026
Carolyn Ambler
American Caribbean Real Estate, Christie's International Real Estate
(203) 395-6773
1 in this area
49 Total Sales
-
G
Seller's Agent in 2024
Gregg Powers
Keller Williams Key West Compass Realty
-
Robin Nilsson
Seller Co-Listing Agent in 2024
Robin Nilsson
Keller Williams Key West Compass Realty
(941) 473-7399
1 in this area
31 Total Sales
-
David Grego
Seller's Agent in 2023
David Grego
Island Breeze Realty, LLC
(305) 481-1296
31 in this area
147 Total Sales
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 616263
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