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$1,330,000
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Property Description
Welcome to your slice of paradise in the heart of the Florida Keys. This Conch-style home is tucked away on a wide, clear, deep-water canal just 5 minutes from the crystal blue Atlantic Ocean. Boaters and anglers alike, will love the 60 ft concrete dock with boat lift-ideal for easy ocean access and unforgettable adventures on the water. World-class fishing, diving, snorkeling, and marine wildlife encounters all begin at your dock. Entertain in island style on the decked pool area, huge tiki hut, and screened patio perfect for relaxing or hosting. The interior boasts a huge, updated kitchen with tons of cabinetry, seamlessly flowing into an open living, dining, and kitchen area with views of the screened patio, Tiki Hut and pool. Enjoy resort-like living on Key Colony Beach with access to incredible amenities: golf, marina, pickleball, tennis, horseshoes, bocce ball, basketball, playgrounds, and Sunset Oceanfront Park. Everything you need is within reach-restaurants, shopping, post office, police & building departments, and 15 streets to walk, jog or bike. No problem getting here, only 3 miles to Marathon's Airport, 53 miles to Key West International Airport, 108 miles to Miami International Airport, and 139 miles to Ft Lauderdale Airport. Whether you're seeking a full-time residence, vacation retreat, or investment property, this home captures the best of island living in one perfect package.
Full Property Details
Full Property Details for 351 5th St
General
- Sold For: $1,330,000
- Taxes: $11,468 (2024)
- Status: Closed
- Type: Single Family
- Source: 927
- MLS ID: 615786
- Added to Site: 459 day(s) ago
Interior
- Interior Features: Dade County Pine, Sky Light(s), Window Treatments
- Appliances: Stainless Steel Appliance(s), Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Community Boat Ramp, Bike Paths, Beach, Tennis Court(s), Airport/Runway
- Pool: Yes
- Pool Description: Heated, In Ground, Fiberglass, Decked
- Security/Safety: Patrolled Area
Exterior
- Exterior Features: Chickee Hut, Fencing, Privacy Wall/Fence
- Deck/Patio: Screened Patio, Deck, Patio
- Porch/Patio/Deck: Screened Patio, Deck, Patio
Parking
- Garage: Yes
- Parking Features: Guest, Off Street
Location
- Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
- County: Monroe
- Subdivision: Key Colony Beach (53.5)
- Driving Directions: Overseas Hwy Mile Marker 53.5 turn at light onto Sadowski / KCB Causeway and bear left onto E. Ocean Dr. Turn Left onto 5th Street follow to #351 on your left
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ductless, Central Air, Ceiling Fans(s)
Structural Information
- Architectural Style: Above Flood
- Construction Status: Updated/Remodeled
- Construction: CBS
- Roof: Tar/Gravel
- Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window, Sliding Glass Doors
- Square Feet: 1,646
- Sq. Ft. Source: Property Data Card
- Year Built: 1958
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,600
- Zoning: R-1B - Key Colony Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Tax Amount: $11,468.37
- Tax Year: 2024
Disclosures and Reports
- Legal Description: BK 5 LT 15 KEY COLONY BEACH PB3-120 SHELTER KEY OR450-589 OR825-550 OR844-1964/65 OR854-2185 OR1515-2052 OR1515-2053/54
- Flood Zone: AE
- APN: 00073750-000000
Listed by Ocean Sotheby's International, Karen D Raspe (305) 393-9010
Sold by Coldwell Banker Schmitt Real Estate Co., Natalie M. Ardis
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Schools
Schools serving 351 5th St
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 4.9 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 351 5th St
Date
Details
Price
Change
Source
9/25/2026
Sold
$1,330,000
-11.04%
MLS
6/29/2026
Price Reduced
$1,495,000
-0.33%
MLS
7/10/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
351 5th Street, Key Colony, FL 33051 (MLS# 615786) is a Single Family property that was sold at $1,330,000 on September 25, 2026. Want to learn more about 351 5th Street? Do you have questions about finding other Single Family real estate for sale in Key Colony? You can browse all Key Colony real estate or contact a Coldwell Banker agent to request more information.

