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$799,000
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Property Description
MOTIVATED SELLER! Enjoy waterfront living in Key Colony Beach at a fantastic price! This inviting 3-bedroom, 3-bath stilted, CBS home, built in 2005, offers 1,428 square feet of living space and everything you need to enjoy the Florida Keys lifestyle. This waterfront home offers quick, direct access to fantastic fishing and boating, allowing you to be out on the water in no time. This home is perfect for jet skis, launching kayaks and even small skiffs. Take in beautiful canal views from either of the home's two balconies--perfect for enjoying your morning coffee or relaxing after a day on the water. Covered parking with 4 total parking spaces provide plenty of room for family and guests. Conveniently located, you're just a quick boat ride or walk from local restaurants and shops. Enjoy all that Key Colony Beach has to offer, including the local golf course, pickleball, dog park, restaurants, and tons of fun filled events throughout the year. And don't forget Sunset Park known for its spectacular Florida Keys sunsets. Whether you're looking for a full-time residence, vacation home, or waterfront getaway, this home offers a fantastic opportunity to enjoy boating, fishing, and the laid-back island lifestyle that makes Key Colony Beach such a special place to call home!
Full Property Details
Full Property Details for 51 Coral Ln
General
- Price: $799,000
- Taxes: $5,670 (2025)
- Status: Active
- Type: Duplex
- Source: 927
- MLS ID: 621072
- Updated: 9/26/2026
- Added to Site: 49 day(s) ago
Interior
- Interior Features: Granite Counter Top, Storage
- Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Other Area Features, Bike Paths, Tennis Court(s)
Exterior
- Exterior Features: Lighting, Storage
- Deck/Patio: Open Porch/Balcony, Patio
- Porch/Patio/Deck: Open Porch/Balcony, Patio
Parking
- Parking Features: Covered
Location
- Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
- County: Monroe
- Subdivision: Key Colony Beach Botel (53.5)
- Driving Directions: US 1 to Sadowski Cswy to Clara Blvd to Coral LN.
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
Structural Information
- Architectural Style: Above Flood
- Construction: CBS
- Roof: Metal
- Windows/Doors: Aluminum Windows, Shutters
- Square Feet: 1,428
- Sq. Ft. Source: Property Data Card
- Year Built: 2005
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,870
- Zoning: R-2A - Key Colony Two Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Tax Amount: $5,670.25
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Legal Description: NLY 25 FT OF LOT 13 KEY COLONY BCH-BOTEL SUBD CRAWL KEY PB4-82
- Flood Zone: AE
- APN: 00079050-000000
Listed by Florida Keys Real Estate Group, Jennifer Hamill (305) 393-1993
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Schools
Schools serving 51 Coral Ln
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 | 4.1 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 51 Coral Ln
Date
Details
Price
Change
Source
8/24/2026
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 51 Coral Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,728
13%
$690,515
30%
2024
$5,074
4%
$532,967
-7%
2023
$4,876
-32%
$571,966
-8%
2021
$7,203
60%
$625,083
71%
2022
$4,501
-38%
$364,579
-45%
2021
$7,203
13%
$668,777
28%
2019
$6,375
8%
$523,872
10%
2018
$5,882
21%
$476,247
6%
2017
$4,876
5%
$448,788
14%
2016
$4,624
5%
$393,593
8%
2015
$4,420
8%
$363,964
10%
2014
$4,084
-3%
$330,877
-1%
2013
$4,208
—
$334,638
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 51 Coral Ln
51 Coral Lane, Key Colony, FL 33051 (MLS# 621072) is a Duplex property with 3 bedrooms and 3 full bathrooms. 51 Coral Lane is currently listed for $799,000 and was received on August 24, 2026. Want to learn more about 51 Coral Lane? Do you have questions about finding other Duplex 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.

