431 5Th Street, Key Colony, FL 33051

$899,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,184 Lot Size (sq. ft.): 3,300 Status: Contingent
Current Price: $899,000 List Date: 8/22/2025 Last Modified: 2/04/2026

Description

Welcome to your Key Colony Beach Escape, a beautifully maintained 3-bedroom, 2-bathroom waterfront half duplex featuring all-new impact windows and doors, 30 feet of concrete dockage, a fish cleaning station, tiki hut, fresh paint, new furnishings, and smart televisions in every room. The open-concept living area seamlessly integrates with a fully equipped kitchen, complete with a breakfast bar and dining area for six. This exceptional turnkey investment opportunity includes over $30,000 in future bookings to be transferred, active vacation rental licenses, and all inspections passed. Residents enjoy exclusive access to the nearby Cabana Club, offering beach and pool privileges, and the property is conveniently situated near parks, fishing, golf, and fine dining within the highly desirable Key Colony Beach community. This residence represents the ideal combination of luxury, convenience, and waterfront living in the Florida Keys.

More Information MLS# 616225

Contract Information

Current Price: $899,000 Listing Date: 2025-08-22 Listing Board: Marathon/Lower Keys List Price: $899,000

Location Tax Legal

Street #: 431 Street Name: 5Th Street Suffix: Street Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Key Colony Beach (53.5) Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

General Property Description

Realtor.COM Type: Residential - Single Family Style: Half Duplex Waterfront: Yes Control Depth: 3 Pool: No Year Built: 1959 Lot SqFt: 3300 Acres: 0.08 Living Apx SqFt: 1184 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 2 Total Baths: 2 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Contingent: Contingent Status: Contingent

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

License Info

Transient Rntl Licns: Yes

Dockage

Dock Length: 30 Dock: Concrete

Building Style

Above Flood: Unknown

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Property Condition: Updated/Remodeled Furnished: Furnished Utilities: Community Swr Plant; FKAA Appliances: Dishwasher; Dryer; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Construction: CBS Shutters: Panel Floor: Tile Roof: Shingle Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre
Listing Office: Engel & Völkers Marathon
Last Updated: February - 04 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.