315 E Ocean Drive, Key Colony, FL 33051

New Listing

$1,330,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,500 Lot Size (sq. ft.): 3,305 Status: Active

Current Price: $1,330,000 List Date: 6/16/2026 Last Modified: 6/16/2026

Description

STUNNING KCB WATERFRONT DUPLEX! This beautifully renovated 3BR/3BA half-duplex is the perfect turnkey home or highly profitable weekly vacation rental. Features 1,500 sq. ft. of modern coastal living space, quartz finishes, and 3 spacious bedrooms--each with an en-suite bath and private balcony. Excellent outdoor setup includes a private pool and 40 feet of concrete dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof, and garage parking. Prime location steps from the Cabana Club, New photos will come when property does not have renters.

More Information MLS# 620296

Contract Information

Listing Board: Marathon/Lower Keys Potential Short Sale: No Current Price: $1,330,000 Listing Date: 2026-06-16 List Price: $1,330,000

Location, Tax & Legal

City: KEY COLONY Mile Marker: 53.5 Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca) Side: Ocean Flood Zone: AE Alternate Key #: 8990268 Parcel #: 00072670-000200 Zoning: R-2A - Key Colony Two Family Deed Restrictions: No Legal: BK 3 THE W'LY PORTION OF THE W'LY PORTION OF LOTS 1-2 KEY COLONY BEACH PB3-120 SHELTER KEY OR407-1045/46 OR816-295 OR816 Taxes: 8507.88 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 315 Direction: E Street Name: Ocean Street Suffix: Drive 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 Waterfront: Yes Control Depth: 5 Lot Size: X Lot SqFt: 3305 Pool: Yes Total Units: 0 Acres: 0.08 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Half Duplex Year Built: 2001 Living Apx SqFt: 1500 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: STUNNING KCB WATERFRONT DUPLEX! This beautifully renovated 3BR/3BA half-duplex is the perfect turnkey home or highly profitable weekly vacation rental. Features 1,500 sq. ft. of modern coastal living space, quartz finishes, and 3 spacious bedrooms--each with an en-suite bath and private balcony. Excellent outdoor setup includes a private pool and 40 feet of concrete dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof, and garage parking. Prime location steps from the Cabana Club, New photos will come when property does not have renters.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

Cable: 1

Dockage

Dock Length: 40

Tax Exemptions

None: 1

Appliances

Stainless Steel Appliance(s): 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1 Open Water View: 1

Floor

Combo: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Clubhouse: 1 Tennis Courts: 1

Interior Features

Drapes/Blinds Incl: 1 Quartz Countertops: 1 Smoke Alarms: 1 Storage: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1 Media Room: 1

Building Style

Above Flood: Yes Stories: 2 Stories

Windows/Doors

Impact Rstnce Window: 1 Sliding Glass Doors: 1

Vehicle Storage

Car(s): 2 Garage: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Negotiable: 1

Utilities

Buyer to Verify: 1 FKAA: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Title Ins - Buyer: 1

Exterior Features

Privacy Wall/Fence: 1

Pool Info

In Ground: 1

Roof

Metal Roof: 1

Financial Status

Auction: No Potential Short Sale: No

Shutters

Panel: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Cable Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View; Open Water View Property Condition: Updated/Remodeled Vehicle Storage: Garage Furnished: Negotiable Cooling: Central Air Utilities: Buyer to Verify; FKAA Interior Features: Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Storage Specialty Rooms: Laundry Room; Media Room Appliances: Stainless Steel Appliance(s) Exterior Features: Privacy Wall/Fence Pool Info: In Ground Construction: CBS Shutters: Panel Floor: Combo Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Clubhouse; Tennis Courts Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer

Listing Office: Key Colony Beach Realty

Last Updated: June - 16 - 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.

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