$1,495,000
 $8,025 est/mo Sourced by Back At You

280/290 3rd Street,KEY COLONY, FL 33051

KEY COLONY, FL 33051

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Description

Turnkey Raised Duplex in Key Colony Beach - Strong Rental Income or Ideal Family Vacation Property Fully furnished 2BR/2BA (per side) duplex located in the desirable Key Colony Beach community. The property is currently operating as a successful short-term rental, plus the vacation rental license was recently renewed so inspection should be easy, allowing a new owner to continue renting quickly. For buyers looking for a personal getaway, the layout is also ideal as a family vacation property, offering two separate living spaces that allow families or groups to stay close together while still having privacy. New owners can immediately obtain Cabana Club membership, which provides private beach access, pool, and hot tub, and is a major driver for vacation rental bookings in the area. The property is also walkable to restaurants and ocean-view bars. The duplex was fully remodeled in 2021, including new plumbing, flooring, AC system, and interior and exterior paint. Additional updates through 2024-2026 include impact windows and doors, updated ductwork, roof improvements, new drywall in one unit, new washer and dryer, grills, and water heaters, making the property well-maintained and move-in or rental ready. A large outdoor seating area and yard provide space for guests or family to gather, making it especially attractive for groups renting or using both sides of the duplex. Fully furnished and turnkey for immediate use or continued rental income.

Details

MLS #619093
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1988
Days On Site162
Listing Provided ByBirch Haven Real Estate | Dalton Robinson

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet1,536
Units2
ZoningR-2B - Key Colony Two Family
Acreage0.15
Water FrontNone
Property ViewNo Waterview

Taxes

Property7779

Area Information

StateFL
CountyMonroe
CityKEY COLONY
Zip Code33051
Area17 Vaca Cut Both Sides Holiday Inn | Key Colony
Community NameKey Colony Beach (53.5)
Listing VS Median (in Key Colony Beach (53.5))
Price:
$1,495,000
low | high
Med:
$1,497,500
49.832775919732% of Average
sqft:
1,536
low | high
Med:
1,591
46.419270833333% of Average
$ / sqft:
$973
low | high
Med:
$942
53.185385062399% of Average
On site:
162
low | high
Med:
285
56.842105263158% of Average
Sourced by Back At You

Market Activity 33051

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Learn More About This Property

StateFL
CountyMonroe
CityKEY COLONY
Zip Code33051
Area17 Vaca Cut Both Sides Holiday Inn | Key Colony
Community NameKey Colony Beach (53.5)
Listing VS Median (in Key Colony Beach (53.5))
Price:
$1,495,000
low | high
Med:
$1,497,500
49.832775919732% of Average
sqft:
1,536
low | high
Med:
1,591
46.419270833333% of Average
$ / sqft:
$973
low | high
Med:
$942
53.185385062399% of Average
On site:
162
low | high
Med:
285
56.842105263158% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.121M - $1.868M
sqft: 1,000 - 1,500
Listing Updated: July 13, 2026 at 9:46:19 AM PDT