$2,050,000
$50K PRICE DROP

Estimated payment $11,852/month

Total Views 3,432
5 Beds
4 Baths
2,333 Sq Ft
$879 Price per Sq Ft

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

Embrace 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.

Listing Agent

Erin Voelliger

Ocean Sotheby's International License #3516587 Listed on: 08/21/2025

Ocean Sotheby's International

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

  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,691

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • 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
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 12690.62
  • Vehicle Storage: Garage, RV Parking Open, Trailer Storage, Off Street Parking, Guest Parking, Open Parking, Detached
  • Year Built: 1970
  • Alternate Key Number: 1080489
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8250.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Screened Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2333.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: Davits, Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Outdoor Shower, Lighting, Fencing
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify
  • Heating: Forced Air

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00075020-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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®

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 616263