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315 E Ocean Drive, Key Colony, FL 33051

$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: 6/23/2026

Overview

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 seawall allowing up to 25 ft of dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof. Prime location steps from the Cabana Club, New photos will come when property does not have renters.

Listing Details MLS# 620296

Location, Tax & Legal

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
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

Contract Information

Listing Board
Marathon/Lower Keys
Potential Short Sale
No

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Half Duplex
Waterfront
Yes
Control Depth
5
Pool
Yes
Year Built
2001
Lot SqFt
3305
Acres
0.08
Living Apx SqFt
1500
SqFt Source
Tax Records
Total Bedrooms
3
Full Baths
3
Total Baths
3
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
40
Seawall
Concrete

More Information

Building Style

Above Flood
Yes
Stories
2 Stories

Pool Info

Heated
Yes
In Ground
Yes
Fiberglass
Yes

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 seawall allowing up to 25 ft of dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof. Prime location steps from the Cabana Club, New photos will come when property does not have renters.

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Oven
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

Canal Front
Yes

Waterview

Canal View
Yes
Open Water View
Yes

Floor

Laminate
Yes
Tile
Yes

Neighborhood Feature

Beach
Yes
Bike Paths
Yes
Clubhouse
Yes
Tennis Courts
Yes

Interior Features

Drapes/Blinds Incl
Yes
Quartz Countertops
Yes
Smoke Alarms
Yes
Storage
Yes

Property Condition

Updated/Remodeled
Yes

Specialty Rooms

Laundry Room
Yes

Windows/Doors

Impact Rstnce Window
Yes
Sliding Glass Doors
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Negotiable
Yes

Utilities

Buyer to Verify
Yes
FKAA
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Title

Negotiable
Yes

Exterior Features

Privacy Wall/Fence
Yes

Roof

Metal Roof
Yes

Shutters

Accordion
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View; Open Water View Property Condition: Updated/Remodeled Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; FKAA Interior Features: Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Storage Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Privacy Wall/Fence Pool Info: In Ground; Fiberglass Construction: CBS Shutters: Accordion Floor: Laminate; Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Clubhouse; Tennis Courts Land Size: Less Than 1/4 Acre Title: Negotiable
Listing Office: Key Colony Beach Realty
Last Updated: June - 23 - 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.