461 & 471 3rd Street, Key Colony, FL 33051
$1,898,000
Property Type:
Residential
Bedrooms:
6
Baths:
4
Square Footage:
2,528
Lot Size (sq. ft.):
6,672
Status:
Active
Current Price:
$1,898,000
List Date:
5/28/2025
Last Modified:
1/22/2026
Description
Revive your spirits with this fully furnished, well-established vacation rental on track to deliver approx. $100k/yr. in rental income! This turnkey, above flood duplex features two bright and spacious 3 bed/2 bath units, each with private entrances & parking and a combined 60 ft. of deep water dockage with immediate ocean access! Lush tropical landscaping and privacy fencing create two distinct outdoor canal side living spaces. Ideally located just a ¼ of a mile from the beloved Cabana Club which offers a private beach, Olympic-size pool plus bar & grill (membership required). Come enjoy this friendly-walkable community offering restaurants, shops and picturesque beaches just steps from your door! Ready for immediate use or continued rental success! *Hot tub shown in photos is being removed.
More Information MLS# 615206
Contract Information
Current Price: $1,898,000
Listing Date: 2025-05-28
Listing Board: Marathon/Lower Keys
List Price: $1,898,000
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
Street #: 461 & 471
Street Name: 3rd
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: Multi-family
Style: Duplex
Waterfront: Yes
Control Depth: 5
Pool: No
Year Built: 1997
Total Units: 2
Lot SqFt: 6672
Lot Sqft Source: Property Data Card
Acres: 0.16
Living Apx SqFt: 2528
SqFt Source: Property Data Card
Total Bedrooms: 6
Full Baths: 4
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 7
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 2
Dockage
Dock Length: 60
Dock: Concrete
Building Style
Above Flood: Yes
Vehicle Storage
Car(s): 4+
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View
Vehicle Storage: RV Parking Open; Trailer Storage
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Cable Available; Community Swr Plant; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Smoke Alarms; Storage; Window Treatments
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing; Privacy Wall/Fence
Construction: CBS
Shutters: Panel
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Bike Paths; Tennis Courts
Security: Patrolled Area
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA; VA
Title: Negotiable
Listing Office: Island Breeze Realty, LLC
Last Updated: January - 22 - 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.
