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For sale
  • Price cut: $10K (7/10)
    $1,880,000

    241 & 251 5th St, Key Colony Beach, FL 33051

    7beds
    4,030sqft
    : 
    Duplex, Multi Family
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $467/sqft
    $-- HOA

    What's special

    Private swim spaSerene canalSeven spacious bedroomsMetal roofStunning rooftop viewSix bathsBreathtaking sunrises and sunsets
    Experience the ultimate in Florida Keys living with this coveted side-by-side duplex in the desirable Key Colony Beach community. Boasting seven spacious bedrooms and six baths, with the ability to weekly rent to fourteen guest. This property offers plenty of room for large families or groups and has excellent rental income potential. You can live on one side and rent the other, use both sides for extended family and friends, or rent both for maximum income potential. Very few properties in KCB have this capacity. Soak up the warm Florida Keys sunshine while relaxing in your private swim spa or under the covered patio overlooking the serene canal, perfect for boating and fishing enthusiasts. The stunning rooftop view is the perfect spot to enjoy the beauty of the community, with its breathtaking sunrises and sunsets. Whether you're lounging in the sun or sipping on a cool drink, you'll feel relaxed and rejuvenated as you take in the sights from this prime vantage point. The metal roof was recently installed in 2018, and one side of the property has a brand new AC. Take a short walk or bike to the beach, restaurants, and shops, or enjoy Key Colony Beach's many amenities, including its police department, post office, golf course, and tennis courts. Don't miss the opportunity to own your own piece of paradise in the beautiful Florida Keys.
    166 days
    on Zillow
    |
    388
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2025 at 04:15am

    Listed by:

    Frank Griffiths 305-563-1838,

    Ocean Sotheby's International

    Source: FLKMLS,MLS#: 613801MLS LogoOriginating MLS: Marathon/Lower Keys
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 241 & 251 5th St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    • Full bathrooms: 6
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Oven, Range, Refrigerator, Dryer
    Features
    • Furnished: Yes
    Interior area
    • Total interior livable area: 4,030 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Patio & porch: Open Porch/Balcony, Roof Top Deck, Patio
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Seawall: Concrete
    Lot
    • Size: 6,534 Square Feet
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00073700000000
    • Zoning: R-2A
    • Zoning description: Key Colony Two Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • CBS
    • Roof: Metal
    Condition
    • Year built: 1974

    Utilities & green energy

    • Electric: Elect Separate Meter
    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Cable Available, Buyer to Verify

    Community & HOA

    Community
    • Subdivision: Key Colony Beach (53.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key Colony Beach

    Financial & listing details

    • Price per square foot: $467/sqft
    • Annual tax amount: $12,921
    • Date on market: 2/21/2025
    • Listing terms: Cash,Conventional
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