351 5th Street, Key Colony, FL 33051 (MLS# 615786)

351 5th Street, Key Colony, FL 33051

$1,500,000

Virtual Tour

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Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,646 Lot Size (sq. ft.): 6,600 Status: Active

Current Price: $1,500,000 List Date: 4/14/2026 Last Modified: 4/14/2026

Overview

Description

Welcome to your slice of paradise in the heart of the Florida Keys. This Conch-style home is tucked away on a wide, clear, deep-water canal just 5 minutes from the crystal blue Atlantic Ocean. Boaters and anglers alike, will love the 60 ft concrete dock with boat lift—ideal for easy ocean access and unforgettable adventures on the water. World-class fishing, diving, snorkeling, and marine wildlife encounters all begin at your dock. Entertain in island style on the decked pool area, huge tiki hut, and screened patio perfect for relaxing or hosting. The interior boasts a huge, updated kitchen with tons of cabinetry, seamlessly flowing into an open living, dining, and kitchen area with views of the screened patio, Tiki Hut and pool. Enjoy resort-like living on Key Colony Beach with access to incredible amenities: golf, marina, pickleball, tennis, horseshoes, bocce ball, basketball, playgrounds, and Sunset Oceanfront Park. Everything you need is within reach—restaurants, shopping, po ... (Read more)

Listing Details MLS# 615786

Location, Tax & Legal

Street #: 351
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
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Flood Zone: AE
Alternate Key #: 1077852
Parcel #: 00073750-000000
Zoning: R-1B - Key Colony Single Family
Deed Restrictions: Unknown
Legal: BK 5 LT 15 KEY COLONY BEACH PB3-120 SHELTER KEY OR450-589 OR825-550 OR844-1964/65 OR854-2185 OR1515-2052 OR1515-2053/54
Taxes: 11468.37
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: No

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 5
Pool: Yes
Year Built: 1958
Lot SqFt: 6600
Acres: 0.15
Living Apx SqFt: 1646
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Min Rental Days: 7
Total Units: 0

Status Change Info

Contingent: None

Association Info

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

Dockage

Dock Length: 60
Dock: Wood
Seawall: Concrete
Boat Lift: Yes

More Information

Building Style

Above Flood: Unknown
Ground Level: Yes

Pool Info

Heated: Yes
In Ground: Yes
Fiberglass: Yes
Decked: Yes

Remarks & Misc

Remarks – Consumer: Welcome to your slice of paradise in the heart of the Florida Keys. This Conch-style home is tucked away on a wide, clear, deep-water canal just 5 minutes from the crystal blue Atlantic Ocean. Boaters and anglers alike, will love the 60 ft concrete dock with boat lift—ideal for easy ocean access and unforgettable adventures on the water. World-class fishing, diving, snorkeling, and marine wildlife encounters all begin at your dock. Entertain in island style on the decked pool area, huge tiki hut, and screened patio perfect for relaxing or hosting. The interior boasts a huge, updated kitchen with tons of cabinetry, seamlessly flowing into an open living, dining, and kitchen area with views of the screened patio, Tiki Hut and pool. Enjoy resort-like living on Key Colony Beach with access to incredible amenities: golf, marina, pickleball, tennis, horseshoes, bocce ball, basketball, playgrounds, and Sunset Oceanfront Park. Everything you need is within reach—restaurants, shopping, post office, police & building departments, and 15 streets to walk, jog or bike. No problem getting here, only 3 miles to Marathon's Airport, 53 miles to Key West International Airport, 108 miles to Miami International Airport, and 139 miles to Ft Lauderdale Airport. Whether you're seeking a full-time residence, vacation retreat, or investment property, this home captures the best of island living in one perfect package.
Directions: Overseas Hwy Mile Marker 53.5 turn at light onto Sadowski / KCB Causeway and bear left onto E. Ocean Dr. Turn Left onto 5th Street follow to #351 on your left

Fee Includes

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes
Ductless: Yes

Waterfront

Canal Front: Yes

Waterview

Canal View: Yes

Floor

Tile: Yes

Neighborhood Feature

Airstrip: Yes
Beach: Yes
Bike Paths: Yes
Community Boat Ramp: Yes
Tennis Courts: Yes

Interior Features

Dade County Pine: Yes
Sky Light(s): Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Laundry Room: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Garage: Yes
Guest Parking: Yes
RV Parking Open: Yes
Off Street Parking: Yes

Security

Patrolled Area: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes

Utilities

Buyer to Verify: Yes
Community Swr Plant: Yes
FKAA: Yes

Porch/Balcony

Deck: Yes
Patio: Yes
Screened Patio: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Chickee Hut: Yes
Fencing: Yes
Privacy Wall/Fence: Yes

Pre-Wired

Cable: Yes

Roof

Tar/Gravel Roof: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Lift Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Garage; Guest Parking; Off Street Parking; RV Parking Open Furnished: Furnished Cooling: Ceiling Fans(s); Central Air; Ductless Utilities: Buyer to Verify; Community Swr Plant; FKAA Interior Features: Dade County Pine; Sky Light(s); Window Treatments Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Chickee Hut; Fencing; Privacy Wall/Fence Pool Info: In Ground; Fiberglass; Decked Construction: CBS Floor: Tile Roof: Tar/Gravel Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Beach; Bike Paths; Community Boat Ramp; Tennis Courts Security: Patrolled Area Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer

Documents

Elevation Certificate ›

Listing Office: Ocean Sotheby's International Relaty

Last Updated: April - 14 - 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.