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

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

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 #: 9103458 Parcel #: 00073790-000100 Zoning: R-2B - Key Colony Two Family Deed Restrictions: No Legal: BK 5 N 1/2 LOT 19 KEY COLONY BEACH PB3-120 SHELTER KEY OR481-424 OR781-622 OR820-25 OR862-1291 OR874-2293 OR1061-2159 O Taxes: 8363.1 Tax Year: 2024 Pub Sewer HkUp: Yes 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 Waterfront: Yes Control Depth: 3 Lot SqFt: 3300 Pool: No Total Units: 0 Acres: 0.08 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Half Duplex Year Built: 1959 Living Apx SqFt: 1184 Total Bedrooms: 3 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: 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. Directions: From US-1, turn onto Sadowski Causeway. Continue to end and veer left. Turn onto 5th street which is first right after curve.

Association Info

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

License Info

Transient Rntl Licns: Yes

Fee Includes

None: 1

Dockage

Dock Length: 30 Dock: Concrete

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Oven: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Tile: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Unknown

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Utilities

Community Swr Plant: 1 FKAA: 1

Roof

Shingle Roof: 1

Shutters

Panel: 1

Status Change Info

Contingent: Contingent Status: Contingent

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.

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