PRICED TO SELL WITH AN ASSUMABLE FLOOD INSURANCE PREMIUM OF ONLY $1,119!!! This is your ideal island getaway, fish camp or vacation rental investment property. Currently operating as an active vacation rental with a Cabana Club membership, this unit offers 3 bedrooms, 2 full baths, a bonus living space to utilize as you see fit, an updated kitchen with granite counters & breakfast bar, as well as a 37.5-foot step-down composite dock, fish cleaning station and ice machine. The open ocean or gulf is only a 5-minute boat ride away. The open kitchen and living area overlooks the canal with large impact sliders leading out the patio area which is perfect for outdoor entertaining or grilling up your fresh catch of the day. The master suite includes a private access with an updated bathroom and sliding barn doors. Situated in Key Colony Beach where a myriad of activities and amenities await, all within walking distance: full-service marina, restaurants, park, post office, golf, tennis, basketball, bocce ball, pickle ball or horseshoe.