65 Coral Lane, Key Colony, FL 33051

New Listing

$700,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 938 Lot Size (sq. ft.): 1,434 Status: Active

Current Price: $700,000 List Date: 11/09/2026 Last Modified: 11/09/2026

Overview

Description

Welcome to 65 Coral Lane in desirable Key Colony Beach, famously known as the ''Gem of the Florida Keys!'' This updated, ground-level half duplex offers canal-front living, vacation rental potential, and the laid-back Florida Keys lifestyle. Featuring a 20-foot dock with room for an 18-foot boat, a fish cleaning station, and beautiful sunset views from the patio, this property is perfect for enjoying life on the water. With easy boating access to both the Atlantic Ocean and Gulf of America, it's an ideal location for boating and fishing enthusiasts. Inside you'll find a light, coastal-inspired design that creates a bright and inviting atmosphere. The updated interior features stainless steel appliances, a washer and dryer, a new mini-split system, two tankless water heaters, and a replaced sewer line from the home to the road. Additional benefits include separate electric and water meters from the adjoining duplex, offering added convenience and independence. Currently operating ... (Read more)

Listing Details MLS# 621989

Location, Tax & Legal

Street #: 65
Street Name: Coral
Street Suffix: Lane
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Key Colony Beach Botel (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
City: KEY COLONY
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Flood Zone: AE
Alternate Key #: 8713215
Parcel #: 00079090-000100
Zoning: R-2A - Key Colony Two Family
Deed Restrictions: No
Legal: N 1/2 LOT 17 KEY COLONY BCH-BOTEL SUBD PB4-82 CRAWL KEY OR1018-338 OR1247-1707 OR1460-1545 OR1689-236AFF OR1994-855 OR27
Taxes: 5449.86
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Half Duplex
Waterfront: Yes
Control Depth: 4
Pool: No
Year Built: 1961
Lot SqFt: 1434
Acres: 0.03
Living Apx SqFt: 938
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Rentals Allowed: With Restrictions
Min Rental Days: 7
Total Units: 0

Association Info

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

Dockage

Dock Length: 20
Dock: Wood

More Information

Building Style

Above Flood: No
Ground Level: Yes
Shotgun: Yes

Vehicle Storage

Car(s): 2
Open Parking: Yes
Off Street Parking: Yes

Remarks & Misc

Remarks – Consumer: Welcome to 65 Coral Lane in desirable Key Colony Beach, famously known as the ''Gem of the Florida Keys!'' This updated, ground-level half duplex offers canal-front living, vacation rental potential, and the laid-back Florida Keys lifestyle. Featuring a 20-foot dock with room for an 18-foot boat, a fish cleaning station, and beautiful sunset views from the patio, this property is perfect for enjoying life on the water. With easy boating access to both the Atlantic Ocean and Gulf of America, it's an ideal location for boating and fishing enthusiasts. Inside you'll find a light, coastal-inspired design that creates a bright and inviting atmosphere. The updated interior features stainless steel appliances, a washer and dryer, a new mini-split system, two tankless water heaters, and a replaced sewer line from the home to the road. Additional benefits include separate electric and water meters from the adjoining duplex, offering added convenience and independence. Currently operating as an active vacation rental and STR approved, this property offers an opportunity to enjoy as a personal Keys getaway, investment property, or both. Offered furnished and with a 7-day minimum rental requirement, it's ready for its next owner to enjoy or continue its rental operation. Enjoy the many recreational amenities that make Key Colony Beach so special, including parks, playgrounds, bocce courts, pickleball courts, tennis courts, shuffleboard, and a 9-hole par-3 golf course. Conveniently located near local restaurants, shops, and Key Colony Beach marina, you'll enjoy easy access to everything that makes island living so desirable. Whether you're looking for a waterfront retreat, a boating getaway, or an income-producing property, this is your opportunity to own a piece of paradise in the Gem of the Florida Keys!

Fee Includes

None: Yes

Tax Exemptions

None: Yes

Appliances

Dryer: Yes
Freezer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Wall/Window Unit(s): Yes

Waterfront

Canal Front: Yes

Waterview

Canal View: Yes

Floor

Tile: Yes

Neighborhood Feature

Beach: Yes
Bike Paths: Yes
Tennis Courts: Yes
Other Area Features: Yes

Interior Features

Drapes/Blinds Incl: Yes
Granite Counter Top: Yes
Pantry: Yes
Smoke Alarms: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Sliding Glass Doors: Yes

Security

Patrolled Area: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes

Terms

No Seller Finance: Yes

Utilities

Buyer to Verify: Yes
Elect Separate Meter: Yes
FKAA: Yes
Municipal Sewer: Yes
Water Separate Meter: Yes

Porch/Balcony

Patio: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Lighting: Yes
Privacy Wall/Fence: Yes

Roof

Other Roof: Yes

Shutters

Bahama: Yes
Panel: Yes

GF-Interior Features

Tankless Hot Wtr Htr: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Property Condition: Updated/Remodeled Building Style: Ground Level; Shotgun Vehicle Storage: Off Street Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Drapes/Blinds Incl; Granite Counter Top; Pantry; Smoke Alarms Appliances: Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Lighting; Privacy Wall/Fence Construction: CBS Shutters: Bahama; Panel Floor: Tile Roof: Other Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Tennis Courts; Other Area Features Security: Patrolled Area Land Size: Less Than 1/4 Acre Terms: No Seller Finance Title: Title Ins - Buyer GF-Interior Features: Tankless Hot Wtr Htr

Listing Office: Engel & Völkers Marathon

Last Updated: November - 09 - 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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