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$899,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,184 Sq. Ft.
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Welcome to your Key Colony Beach Escape, a beautifully maintained 3-bedroom, 2-bathroom waterfront half duplex featuring all-new impact windows and doors, 30 feet of concrete dockage, a fish cleaning station, tiki hut, fresh paint, new furnishings, and smart televisions in every room. The open-concept living area seamlessly integrates with a fully equipped kitchen, complete with a breakfast bar and dining area for six. This turnkey investment opportunity includes over $30,000 in future bookings to be transferred and active vacation rental licenses. Residents enjoy exclusive access to the nearby Cabana Club, offering beach and pool privileges, and the property is conveniently situated near parks, fishing, golf, and fine dining within the highly desirable Key Colony Beach community.

Full Property Details for 431 5th St

General

  • Price: $899,000
  • Taxes: $8,363 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11868813
  • Updated: 8/29/2025
  • Added to Site: 140 day(s) ago

Interior

  • Interior Features: First Floor Entry, Cooking Island, Utility Room/Laundry
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedroom Features: At Least 1 Bedroom Ground Level

Other Rooms

  • Living Room: Utility Room/Laundry Sq. Ft.
  • Laundry: Utility Room/Laundry

Exterior

  • Exterior Features: Barbecue, Lighting, Room for Pool, Tennis Court(s)

Parking

  • Carport Spaces: 4
  • Covered Spaces: 4
  • Parking Features: Driveway, On Street

Location

  • Area: Key Colony Beach
  • County: Monroe County
  • Subdivision: KEY COLONY BEACH
  • Building Name: KEY COLONY BEACH
  • Direction Faces: East

Community

  • Community Name: Key Colony Beach

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached, Half Duplex
  • Structure Type: House
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction
  • Roof: Shingle
  • Doors: High Impact Doors
  • Building Size: 1290
  • Square Feet: 1,184
  • Living Area: 1,184 Sq. Ft.
  • Year Built: 1959

Lot Features

  • Property View: Canal, Water
  • Lot Size (Sq. Ft.): 3,300
  • Frontage Feet: 30
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: Verify with City

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: WF/Ocean Access, Canal Front

Financial Considerations

  • Price Per Sq. Ft.: $759.29
  • Tax Amount: $8,363
  • Tax Year: 2024
  • Terms: All Cash, Conventional, FHA

Disclosures and Reports

  • Legal Description: BK 5 N 1/2 LOT 19 KEY COLONY BEACH PB3-120 SHELTER KEY OR481-424 OR781-622 OR820-25 OR862-1291 OR874-2293 OR1061-2159 OR1061-2160 OR1939-148
  • Restrictions: Ok To Lease With Res
  • Inclusions: Private Dock
  • Property ID: 00073790-000100

Listed by Engel & Völkers Islamorada

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Listing agent

— 431 5th St —

  • Engel & Völkers Islamorada

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 431 5th St

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Stanley Switlik Elementary School
3400 Overseas Highway, Marathon, FL 33050
PK-54.9 mi
Marathon School
350 Sombrero Beach Road, Marathon, FL 33050
6-124 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 431 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/29/2025
Listed
$899,000
-10.01%
MLS
6/21/2022
Sold
$999,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 431 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,363
—
$707,867
-13%
2024
$8,363
8%
$815,757
9%
2023
$7,737
60%
$749,854
71%
2021
$4,850
-18%
$437,511
-22%
2022
$5,880
21%
$562,658
33%
2021
$4,850
6%
$422,383
-1%
2019
$4,568
11%
$424,602
8%
2018
$4,099
—
$392,150
-3%
2017
$4,108
—
$403,853
5%
2016
$4,099
66%
$385,688
57%
2015
$2,470
—
$245,015
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Engel & Völkers Islamorada

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431 5th St, Key Colony Beach, FL 33051 (MLS# A11868813) is a Single Family property with 3 bedrooms and 2 full bathrooms. 431 5th St is currently listed for $899,000 and was received on August 29, 2025. Want to learn more about 431 5th St? Do you have questions about finding other Single Family real estate for sale in Key Colony Beach? You can browse all Key Colony Beach real estate or contact a Coldwell Banker agent to request more information.

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