571 8th Street, Key Colony, FL 33051 (MLS# 616263)

571 8th Street, Key Colony, FL 33051

$1,900,000

571 8th Street, Key Colony Beach, FL 33051

Downstairs Bedroom #2 with Separate Entrance and Laundry

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,333 Lot Size (sq. ft.): 8,250 Status: Closed

Current Price: $1,900,000 List Date: 8/25/2025 Last Modified: 1/16/2026

Overview

Description

Embrace the laid back charm of the Florida Keys with this beautifully renovated full duplex in the highly sought after community of Key Colony Beach. This turnkey property features five bedrooms, four bathrooms, and is licensed for 7-night weekly rentals, making it ideal for both personal use and income generation. Fully updated from top to bottom, each unit boasts modern kitchens with new appliances, renovated bathrooms, impact-rated windows and doors, stylish finishes, in-unit laundry, and separate electric meters. The upstairs unit features two bedrooms and two bathrooms, accompanied by a covered porch that offers scenic views of the water. The downstairs unit, on the other hand, boasts three bedrooms and two bathrooms, along with a screened-in patio perfect for relaxing outdoors. Outside, enjoy 75 feet of waterfront with a concrete seawall, davits, a fish cleaning station, and direct ocean and bay access via nearby Vaca Cut. The expansive lot features a private salt water pool with ... (Read more)

Listing Details MLS# 616263

Location, Tax & Legal

Street #: 571
Street Name: 8th
Street Suffix: Street
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Key Colony Bch 1st Addn Amd Plat (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

Contract Information

Listing Board: Marathon/Lower Keys
Species List: No

General Property Description

Realtor.COM Type: Multi-family
Style: Duplex
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1970
Lot SqFt: 8250
Lot Sqft Source: Property Data Card
Acres: 0.19
Living Apx SqFt: 2333
SqFt Source: Property Data Card
Total Bedrooms: 5
Full Baths: 4
Total Baths: 4
Rentals Allowed: With Restrictions
Min Rental Days: 7

Status Change Info

Under Contract Date: 2025-12-17
Leased Date: 2026-01-16

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Dockage

Dock Length: 75
Dock: Concrete
Seawall: Concrete

More Information

Building Style

Above Flood: Unknown
# Stories: 2 Stories

Pool Info

Heated: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Lift; Davits Property Condition: Updated/Remodeled Vehicle Storage: Garage; Detached; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Forced Air Utilities: Buyer to Verify Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer Exterior Features: Chickee Hut; Fencing; Lighting; Outdoor Shower Pool Info: In Ground Construction: CBS Pets: Pets Allowed Land Size: Less Than 1/4 Acre

Listing Office: Ocean Sotheby's International

Last Updated: January - 16 - 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.