Waterfront Value in Key Colony Beach — Proven Income Producer + Prime Canal Location!! Now is your opportunity to secure a waterfront half-duplex in one of the Florida Keys' most sought-after island communities—Key Colony Beach. This bright and well-maintained 3-bedroom, 2.5-bath residence is already a successful vacation rental and offers the ideal combination of lifestyle enjoyment and income potential. The open-concept main living level is designed for relaxed coastal living, featuring generous living and dining spaces and a well-appointed kitchen perfect for entertaining after a day on the water. Upstairs, the spacious primary suite delivers peaceful canal views, a private balcony, walk-in closet, and ensuite bath, while two additional guest bedrooms provide comfortable accommodations for family and friends—making this home truly rental-ready. Out back, enjoy an east-facing waterfront setting with covered lanai, waterside patio, and 37.5 feet of concrete dockage on a wide 100-ft canal. Quick, easy access to both the Atlantic Ocean and Florida Bay via Vaca Cut makes this an excellent choice for boaters and anglers alike. Optional Cabana Club membership adds even more appeal with an oceanfront pool, private beach, and resort-style atmosphere. Key Colony Beach is known for its walkability and outstanding amenities including golf, tennis, pickleball, parks, restaurants, and marina access—just minutes from Marathon. Motivated sellers. Proven rental history. Waterfront location. Whether you're seeking a smart investment, a second home, or a full-time island retreat, this property delivers exceptional value in today's market. Schedule your private showing and bring your offer.