350 E Ocean Drive 0, Key Colony, FL 33051
$1,600,000
Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
2,134
Lot Size (sq. ft.):
5,859
Status:
Active
Current Price:
$1,600,000
List Date:
11/06/2025
Last Modified:
11/12/2025
Description
Full 2 side Duplex - A Fantastic Investment Opportunity! Live in one side and rent out the other! Unit 340 (East Side): Features a spacious split floor plan with 3 bedrooms and 2 full baths. The open-concept living areas boast soaring ceilings and expansive canal views. Enjoy outdoor entertaining on the covered deck, perfect for relaxing by the water. Boaters and anglers will appreciate the 50-foot dock, offering quick access — just 5 minutes to the open ocean and 10 minutes to the Gulf. Unit 350 (West Side): Offers 2 bedrooms, 1 bath, and a bright open living, dining, and kitchen area, with its own private deck for outdoor enjoyment. Additional highlights include extensive storage space beneath the home and ample parking. Conveniently located across from the Cabana Club and Havana Jack's, and within walking or biking distance to the marina, golf course, tennis and pickleball courts, basketball courts, playgrounds, horseshoe and bocce ball areas, post office, police and city buildings, and Sunset Park. Whether you're looking for a retirement home, primary residence, or a high-demand vacation rental, this duplex offers it all both sides have a full kitchen and private entrance— a slice of paradise and an excellent investment opportunity!
More Information MLS# 617213
Contract Information
Listing Board: Florida Keys
Current Price: $1,600,000
Listing Date: 2025-11-06
List Price: $1,600,000
Location, Tax & Legal
Unit #: 0
City: KEY COLONY
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Alternate Key #: 1077186
Zoning: R-2A - Key Colony Two Family
Deed Restrictions: Unknown
Taxes: 9835.95
Tax Year: 2024
Pub Sewer HkUp: Yes
Street #: 350
Direction: E
Street Name: Ocean
Street Suffix: Drive
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
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 5
Lot SqFt: 5859
Pool: No
SqFt Source: Appraisal
Rentals Allowed: Yes
Style: Duplex
Year Built: 1986
Living Apx SqFt: 2134
Total Bedrooms: 5
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: Full 2 side Duplex - A Fantastic Investment Opportunity! Live in one side and rent out the other! Unit 340 (East Side): Features a spacious split floor plan with 3 bedrooms and 2 full baths. The open-concept living areas boast soaring ceilings and expansive canal views. Enjoy outdoor entertaining on the covered deck, perfect for relaxing by the water. Boaters and anglers will appreciate the 50-foot dock, offering quick access — just 5 minutes to the open ocean and 10 minutes to the Gulf. Unit 350 (West Side): Offers 2 bedrooms, 1 bath, and a bright open living, dining, and kitchen area, with its own private deck for outdoor enjoyment. Additional highlights include extensive storage space beneath the home and ample parking. Conveniently located across from the Cabana Club and Havana Jack's, and within walking or biking distance to the marina, golf course, tennis and pickleball courts, basketball courts, playgrounds, horseshoe and bocce ball areas, post office, police and city buildings, and Sunset Park. Whether you're looking for a retirement home, primary residence, or a high-demand vacation rental, this duplex offers it all both sides have a full kitchen and private entrance— a slice of paradise and an excellent investment opportunity!
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock Length: 50
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Floor
Tile: 1
Building Style
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
Stories: 2 Stories
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Community Swr Plant: 1
FKAA: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View
Utilities: Buyer to Verify; Cable Available; Community Swr Plant; FKAA
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer
Construction: Frame
Floor: Tile
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Room Information
Bedroom 1
Level: Second
Listing Office:
Avenew Realty Corp.
Last Updated: November - 12 - 2025
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.
