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461 & 471 3rd Street, Key Colony, FL 33051

$1,848,000
  • 461 & 471 3rd Street, Key Colony, FL 33051 Main Photo

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Active Price Reduced by $50,000 on March 18th, 2026
BEDS6 BATHS4 full SQUARE FEET2,528 MLS#615206
STATUSActive PROPERTY TYPEResidential - Multiple SUBDIVISIONKey Colony Beach (535)

Property Description

Revive your spirits with this fully furnished, well-established vacation rental on track to deliver approx. $100k/yr. in rental income! This turnkey, above flood duplex features two bright and spacious 3 bed/2 bath units, each with private entrances & parking and a combined 60 ft. of deep water dockage with immediate ocean access! Lush tropical landscaping and privacy fencing create two distinct outdoor canal side living spaces. Ideally located just a 1/4 of a mile from the beloved Cabana Club which offers a private beach, Olympic-size pool plus bar & grill (membership required). Come enjoy this friendly-walkable community offering restaurants, shops and picturesque beaches just steps from your door! Ready for immediate use or continued rental success! *Hot tub shown in photos is being removed.

461 & 471 3rd Street | MLS# 615206

This home located at 461 & 471 3rd Street, Key Colony, FL 33051 is currently listed for sale with an asking price of $1,848,000. This property was built in 1997 and has 6 bedrooms and 4 full baths with 2528 sq. ft. & 471 3rd Street is located in the Key Colony Beach (535) subdivision. Search Key Colony Beach (535) real estate on gaylejones.adamscameron.com today.

Property Features

Property Type: Residential - Multiple
Cooling: Central Air, Ceiling Fans(s)
Fenced: Yes
Lot Size: 0.16 Acres
Roof Type: Metal Roof
Taxes: $6,941
Year Built: 1997

Feature Descriptions

Add. Parcel #1: 00072850-000100
Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Building Above Flood: Yes
Community Features: Tennis Courts, Bike Paths, Beach
Days on Site: 296
Dock: Concrete
Dock Length: 60
Exterior: Fencing, Privacy Wall/Fence
Exterior: CBS
Flood Zone: AE
Flooring: Tile
Furnished: Furnished
Furnished: Yes
HOA (1st Right of Refusal) Y/N: No
HOA (Mandatory) Y/N: No
Interior: Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Storage
Key/Island: Key Colony
Listing Board: Marathon/Lower Keys
Lot Dimensions: 0.16Acre(s)
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Off Shore Island: No
Parcel #: 00072850-000000
Parking: RV Parking Open, Trailer Storage
Parking Space(s): 4+
Pets: Pets Allowed
Security: Patrolled Area
Sewer Hookup: Yes
Shutters: Panel
Tax exemptions: None
Units: 2
Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer, Community Swr Plant
Waterfront: Canal Front
Waterview: Canal View
Windows/Doors: Single Hung Windows, Sliding Glass Doors
Zoning: R-2A - Key Colony Two Family

Listed By / Shown By

Listed By

Agency Name: Island Breeze Realty, LLC
Agency Phone: (305) 289-8855

Shown By

Agent Name: Gayle Jones
Agent Phone: (386) 852-2481
Agency Title: Adams Cameron & Co. REALTORS

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Estimated Payment

$ 10,953.25 per month $9,835.83 Principal & Interest $578.42 Property Tax $539.00 Homeowner's Insurance

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