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:
Active
Current Price:
$899,000
List Date:
8/22/2025
Last Modified:
9/16/2025
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
Status: Active
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: September - 16 - 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.