251 2nd St, Key Colony, FL 33051 - Photo 1

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$537,000

For Sale
Active
Single Family
2 Beds
1 Full Bath
750 Sq. Ft.

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Property Description

A Piece of Paradise in Key Colony Beach! Discover island living at its best in this charming 2-bedroom, 1-bath coastal retreat nestled in the heart of Key Colony Beach. Inside, you'll find bright open living spaces, granite countertops, tile flooring, and impact-rated windows and doors for comfort and peace of mind. Step outside to your lush private backyard, ideal for relaxing or entertaining. Enjoy exclusive membership to the Cabana Club, featuring a sandy beach, oceanfront pool, and seaside dining. With its solid rental history and prime location, this home offers both a serene escape and a savvy investment opportunity in the Florida Keys.

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Full Property Details

Full Property Details for 251 2nd St

General

Price: $537,000
Taxes: $5,256 (2024)
Status: Active
Type: Single Family
Source: Greater_Miami
MLS ID: A11895846
Updated: 11/2/2025
Added to Site: 93 day(s) ago

Interior

Interior Features: First Floor Entry, Storage, Utility Room/Laundry
Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Flooring: Ceramic Floor

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 2
Bedroom Features: At Least 1 Bedroom Ground Level

Other Rooms

Living Room: Storage Room, Utility Room Sq. Ft.
Laundry: Utility Room/Laundry

Additional Information

Security/Safety: Fire Alarm

Exterior

Exterior Features: Room for Pool
Deck/Patio: Open Porch

Parking

Carport Spaces: 2
Covered Spaces: 2
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: Ceiling Fan(s), Central Air
Heating Type: Central

Utilities

Sewer: Public Sewer
Water: Municipal Water

Structural Information

Architectural Style: Attached, Half Duplex
Structure Type: R30-No Pool/No Water, House
Detached/Attached: Attached
Construction: CBS Construction
Roof: Tar & Gravel Roof
Windows: Blinds, High Impact Windows
Doors: High Impact Doors
Building Size: 934
Square Feet: 750
Living Area: 750 Sq. Ft.
Year Built: 1972

Lot Features

Property View: Tennis Court View
Lot Size (Sq. Ft.): 3,300
Lot Features: Less Than 1/4 Acre Lot
Zoning: flood
Fencing (Description): Fenced

Financial Considerations

Price Per Sq. Ft.: $716
Tax Amount: $5,256
Tax Year: 2024
Terms: All Cash, Conventional

Disclosures and Reports

Legal Description: BK 2 NLY 1/2 LT 10 KEY COLONY BEACH PB3-120 SHELTER KEY OR524-561 OR1022-1943 OR1257-1065 OR1457-2156 OR1545-1011 OR1696-2085 OR1811-1478 OR
Restrictions: Ok To Lease With Res
Property ID: 00072380-000100

Listed by Keller Williams Capital Realty

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Schools

Schools serving 251 2nd 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	5.1 mi
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050	6-12	4.2 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 251 2nd St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/02/2025

Price Reduced

$537,000

-2.36%

MLS

10/23/2025

Price Increased

$550,000

4.76%

MLS

10/14/2025

Listed

$525,000

-9.33%

MLS

3/29/2022

Sold

$579,000

—

Public Record

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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 251 2nd St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$5,256

—

$486,475

—

2024

$5,256

4%

$488,054

4%

2023

$5,049

61%

$470,452

77%

2021

$3,127

-7%

$265,118

-14%

2022

$3,348

7%

$309,735

31%

2021

$3,127

19%

$237,097

5%

2019

$2,638

—

$224,768

-4%

2018

$2,647

7%

$234,004

-3%

2017

$2,475

4%

$241,852

10%

2016

$2,372

5%

$219,836

25%

2015

$2,268

14%

$175,811

10%

2014

$1,987

14%

$159,829

36%

2013

$1,741

—

$117,641

—

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.

Estimate the Cost

Estimate the Cost for 251 2nd St

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Total Baths
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5
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Total Baths
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$520,000

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2
Beds
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Total Baths
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251 2nd St, Key Colony, FL 33051 (MLS# A11895846) is a Single Family property with 2 bedrooms and 1 full bathroom. 251 2nd St is currently listed for $537,000 and was received on October 14, 2025. Want to learn more about 251 2nd St? 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.

251 2nd St Key Colony, FL 33051