$1,680,000
$1,848,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,528 SqFt
SOLD DATE : 08/07/2026
Key Details
Sold Price $1,680,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,528 sqft
Price per Sqft $664
Subdivision Key Colony Beach (53.5)
MLS Listing ID 615206
Sold Date 08/07/26
Style Above Flood
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1997
Annual Tax Amount $6,941
Tax Year 2024
Lot Size 6,672 Sqft
Acres 0.16
Property Sub-Type Duplex
Land Area 2528
Property Description
Capitalize on proven income and flexibility with this fully furnished, turnkey waterfront duplex generating approx. $100K/year in rental income! Built above flood for added peace of mind and potential insurance savings, this well-established (for 10+ years) vacation rental features two spacious 3BD/2BA units with private entrances and parking. Enjoy 60 ft. of deep-water dockage on a wide canal with immediate ocean access, plus two private waterfront outdoor living spaces framed by lush tropical landscaping and privacy fencing between. Whether you rent both units, live in one and rent the other or enjoy as a multi-family retreat, this property offers unmatched versatility at a price point well below comparable 6-bedroom waterfront single-family homes in Key Colony Beach. Just ¼ mile from the Cabana Club and close to beaches, dining, and shopping--ready for immediate use or continued rental success!
Location
State FL
County Monroe
Community Bike Paths, Beach, Tennis Court(S)
Area 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Zoning R-2A - Key Colony Two Family
Direction Take Sadowski Causeway, make a left onto E Ocean Dr. Turn left onto 3rd st. Home is on the left
Interior
Interior Features Drapes/Blinds Incl, Smoke Alarms, Storage, Window Treatments
Cooling Central Air, Ceiling Fans(s)
Flooring Tile
Furnishings Furnished
Window Features Single Hung Windows,Sliding Glass Doors,Shutters
Appliance Dryer, Washer, Dishwasher, Microwave, Oven, Stainless Steel Appliance(s), Range, Refrigerator
Exterior
Exterior Feature Privacy Wall/Fence, Fencing
Community Features Bike Paths, Beach, Tennis Court(s)
Utilities Available Electric Separate Meter, Cable Available, FKAA, Municipal Sewer, Community Sewer Plant, Water Separate Meter
Waterfront Description Canal Front
Roof Type Metal Roof
Garage No
Building
Architectural Style Above Flood
Others
HOA Fee Include None
Tax ID 00072850-000000
Security Features Patrolled Area
Acceptable Financing Cash, Conventional, VA Loan, FHA
Listing Terms Cash, Conventional, VA Loan, FHA
Pets Allowed Yes
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