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$1,943,000
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Property Description
Revive your spirits with this fully furnished, well-established vacation rental on track to deliver approx. $100k/yr. in rental income! This turnkey, above flood duplex features two bright and spacious 3 bed/2 bath units, each with private entrances & parking and a combined 60 ft. of deep water dockage with immediate ocean access! Lush tropical landscaping and privacy fencing create two distinct outdoor canal side living spaces. Ideally located just a ¼ of a mile from the beloved Cabana Club which offers a private beach, Olympic-size pool plus bar & grill (membership required). Come enjoy this friendly-walkable community offering restaurants, shops and picturesque beaches just steps from your door! Ready for immediate use or continued rental success! *Hot tub shown in photos is being removed.
Full Property Details
Full Property Details for 461 & 471 3rd St
General
- Price: $1,943,000
- Taxes: $6,871 (2024)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11924718
- Updated: 1/5/2026
- Added to Site: 233 day(s) ago
Rental Information
- Rent Includes: Sewer
Interior
- Flooring: Tile
Exterior
- Deck/Patio: Open Porch, Patio
Parking
- Total Spaces: 5
Location
- Area: Key Colony Beach
- County: Monroe County
- Subdivision: KEY COLONY BEACH
- Building Name: KEY COLONY BEACH
Community
- Community Name: Key Colony Beach
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Metal Roof
- Windows: Hurricane Shutters, Single Hung Metal
- Stories/Levels: 1
- Square Feet: 2,528
- Living Area: 2,528 Sq. Ft.
- Year Built: 1997
Unit Information
- Units in Complex: 2
Lot Features
- Frontage Feet: 60
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: R-2A - Key Colony Tw
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, Ocean Access
Financial Considerations
- Price Per Sq. Ft.: $768.59
- Tax Amount: $6,871
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Other Available Information
- Legal Description: BK 3 S 1/2 LOT 19 KEY COLONY BEACH PB3-120 SHELTER KEY OR318-468/69 OR354-87/88 OR635-14/15 OR871-1174 OR913-985 OR1398-122/23 OR1414-2078/7
- Inclusions: Private Dock, Private Dock
- Property ID: 00072850-000000
Listed by Island Breeze Realty, LLC
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Schools
Schools serving 461 & 471 3rd 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 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 4.1 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 461 & 471 3rd St
Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$1,943,000
-0.26%
MLS
5/28/2025
Listed
$1,948,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 461 & 471 3rd St
461 & 471 3rd St, Key Colony, FL 33051 (MLS# A11924718) is a Duplex property with 0 bedrooms and 0 full bathrooms. 461 & 471 3rd St is currently listed for $1,943,000 and was received on May 28, 2025. Want to learn more about 461 & 471 3rd St? 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.
