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.
For sale
Price cut: $10K (7/10)
$1,880,000
241 & 251 5th St, Key Colony Beach, FL 33051
7beds
4,030sqft
Est.:
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
- 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#: 613801
Originating MLS: Marathon/Lower Keys

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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