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571 8Th Street

Key Colony, FL 33051
  • $1,990,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 611843
$1,990,000
  • 5
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,218
    SQFT
  • $897
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Description

Introducing an exceptional income-producing, beautifully renovated FULL duplex in the exclusive Key Colony Beach--the crown jewel of the Florida Keys. Located just off the Sadowski Causeway, this barrier island offers an enviable lifestyle with private beaches, breathtaking sunset views at Sunset Park, and premier access to fishing charters, marinas, and a nine-hole golf course. Key Colony Beach even has its own post office, making life here both convenient and luxurious.This well-maintained full duplex boasts a 75 ft. concrete dock with davits, a sparkling swimming pool, and a tiki hut bar that overlooks a wide, 90+ foot canal. Boating enthusiasts will appreciate the quick access to the ocean or bay through the nearby Vaca Cut channel. Enjoy serene water views from the expansive covered porch of the upper unit, which features 2 bedrooms, 2 bathrooms, and an open-concept living space perfect for entertaining.The lower unit is fully renovated, offering a modern white kitchen, 3 spacious bedrooms, 2 bathrooms, and a shaded lanai for outdoor relaxation. The large, fully fenced side yard is ideal for pets or boat trailer storage, with convenient access to the attached garage and ample parking for multiple vehicles.Built with solid concrete construction and topped with a newer metal roof (approx. 3 years old), this property is a true investment gem. Live in one unit and rent out the other, or maximize its potential as a highly sought-after vacation rental destination with weekly rental options in the heart of the Middle Keys.This duplex is also eligible to be subdivided into two separate parcels, offering flexible ownership opportunities. With nearby parks, beaches, and a golf course, it's the perfect blend of relaxation and adventure in one of the most desirable locations in the Florida KeysThere are special compliance document requirements for the city of Key colony Beach that relate to environmental issue We will send that on the separate cover.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buythekeys.com/homes/156842869
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571 8Th Street Key Colony, FL 33051

  • Price: $1,990,000
  • Status: Active
  • On Site: 25 Days
  • MLS #: 611843
5
Beds
4
Baths
0
½ Baths
0.19
Acres
2,218
SQFT
$897
$/SQFT
1970
Built
Neighborhood:
Key Colony Beach (53.5)
County:
Monroe
Area:
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Property Description
Introducing an exceptional income-producing, beautifully renovated FULL duplex in the exclusive Key Colony Beach--the crown jewel of the Florida Keys. Located just off the Sadowski Causeway, this barrier island offers an enviable lifestyle with private beaches, breathtaking sunset views at Sunset Park, and premier access to fishing charters, marinas, and a nine-hole golf course. Key Colony Beach even has its own post office, making life here both convenient and luxurious.This well-maintained full duplex boasts a 75 ft. concrete dock with davits, a sparkling swimming pool, and a tiki hut bar that overlooks a wide, 90+ foot canal. Boating enthusiasts will appreciate the quick access to the ocean or bay through the nearby Vaca Cut channel. Enjoy serene water views from the expansive covered porch of the upper unit, which features 2 bedrooms, 2 bathrooms, and an open-concept living space perfect for entertaining.The lower unit is fully renovated, offering a modern white kitchen, 3 spacious bedrooms, 2 bathrooms, and a shaded lanai for outdoor relaxation. The large, fully fenced side yard is ideal for pets or boat trailer storage, with convenient access to the attached garage and ample parking for multiple vehicles.Built with solid concrete construction and topped with a newer metal roof (approx. 3 years old), this property is a true investment gem. Live in one unit and rent out the other, or maximize its potential as a highly sought-after vacation rental destination with weekly rental options in the heart of the Middle Keys.This duplex is also eligible to be subdivided into two separate parcels, offering flexible ownership opportunities. With nearby parks, beaches, and a golf course, it's the perfect blend of relaxation and adventure in one of the most desirable locations in the Florida KeysThere are special compliance document requirements for the city of Key colony Beach that relate to environmental issue We will send that on the separate cover.
Exterior Features

Above Flood No Building Style Ground Level Construction CBS Dock Length 75 Dockage Davits Dockage Dock Concrete Dockage Seawall Concrete Exterior Features Chickee HutStorage Land Size Less Than 1/4 Acre Pool Info In GroundFiberglass Pool Info Heated No Pool YN Yes Porch Balcony Open Porch/BalconyScreened Patio Roof Metal Roof Side Ocean Stories 2 Stories Style Duplex Vehicle Storage GarageTrailer StorageCovered ParkingRV Parking OpenOff Street ParkingGuest ParkingOpen ParkingAttached Vehicle Storage Cars 4+ Waterfront Canal Front Waterfront YN Yes Waterview Canal View

Interior Features

Appliances DishwasherMicrowaveOvenRangeRefrigerator Cooling Heating Central AirCeiling Fans(s) Floor Tile Furnished Partially Specialty Rooms Other Windows Doors Single Hung WindowsImpact Rstnce WindowSliding Glass Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY COLONY Control Depth 4 Deed Restrictions Unknown Fee Includes None Flood Zone AE Listing Board Key West Association Mile Marker 53.50 Min Rental Days 7.00 Neighborhood Features ClubhouseBike PathsBeach Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Security Patrolled Area Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2023 Taxes 11300.66 Terms CashConventional Utilities FKAAElect Separate MeterWater Separate MeterMunicipal Sewer Zoning R-2A - Key Colony Two Family

Listing courtesy of Gregg Powers of Keller Williams Key West Compass Realty: (305) 292-0020.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Coastal Collection Real Estate Inc.
422 Fleming St Suite 7
Key West FL, 33040