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For sale
  • Price cut: $15K (8/18)
    $864,000

    271 3rd St, Key Colony Beach, FL 33051

    2beds
    1,037sqft
    : 
    $5,451/mo
    Get pre-qualified
    Half Duplex
    Built in 1974
    3,920 Square Feet Lot
    $-- Zestimate®
    $833/sqft
    $-- HOA

    What's special

    Durable metal roofBright open-concept interiorConvenient dining areaImpact-resistant windows and doorsStainless steel appliances
    Welcome to Key Colony Beach! This impeccably maintained half duplex offers the perfect blend of island living, boating access, and investment potential. Featuring approximately 30' of dockage with a 10,000-lb boat lift and quick access to the open ocean, this property is a boater's dream. Room for a private pool offers the opportunity to create your own backyard oasis. The bright, open-concept interior features an updated kitchen with granite countertops, stainless steel appliances, and a convenient dining area. Spacious bedrooms offer double closets and ample storage, while the primary suite includes an ensuite bath with granite countertops and a large soaking tub/shower. Impact-resistant windows and doors and a durable metal roof provide added peace of mind. Currently operating as a weekly vacation rental and licensed for 7-night rentals, this property is ideal as a personal Keys retreat, income-producing investment, or both. Enjoy nearby waterfront dining, golf, beaches, parks, fishing, diving, and endless boating adventures. Bring your boat, envision your pool, and make this Key Colony Beach property your own. Schedule your private showing today!
    95 days
    423
    26

    Zillow last checked:

    Listing updated:

    Listed by:

    Alyson Renee Bainbridge 812-593-1615,

    Coldwell Banker Schmitt Real Estate Co.,

    Chase Foster 407-314-2543,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 620382MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Range, Oven, Microwave
      Features
      • Granite Counters, Storage
      • Flooring: Tile
      • Furnished: Yes
      Interior area
      • Total structure area: 1,037
      • Total interior livable area: 1,037 sqft

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Open Porch/Balcony, Deck
      • Fencing: Fenced
      • On waterfront: Yes
      Lot
      • Size: 3,920 Square Feet
      Details
      • Parcel number: 00072750000100
      • Zoning: R-2A - Key Colony Two Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Half Duplex
      Materials
      • CBS
      Condition
      • Year built: 1974

      Utilities & green energy

      • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

      Community & HOA

      Community
      • Features: Fire Hydrant, Other
      • Security: Security Guard
      • Subdivision: Key Colony Beach (53.5)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key Colony Beach

      Financial & listing details

      • Price per square foot: $833/sqft
      • Tax assessed value: $790,740
      • Annual tax amount: $7,933
      • Date on market: 6/23/2026
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/18/2026Price change$864,000-1.7%$833/sqft
        Source: FLKMLS #620382 Report a problem
        6/23/2026Listed for sale$879,000+35.2%$848/sqft
        Source: FLKMLS #620382 Report a problem
        4/26/2021Sold$650,000+0.2%$627/sqft
        Source: FLKMLS #595036 Report a problem
        3/9/2021Contingent$649,000$626/sqft
        Source: FLKMLS #595036 Report a problem
        3/8/2021Listed for sale$649,000-3.1%$626/sqft
        Source: FLKMLS #595036 Report a problem
        3/5/2021Listed for rent$4,500$4/sqft
        Source: Zillow Rental Manager Report a problem
        2/5/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/16/2020Price change$4,500-2.2%$4/sqft
        Source: Zillow Rental Manager Report a problem
        5/31/2020Price change$4,600+2.2%$4/sqft
        Source: Zillow Rental Manager Report a problem
        11/29/2018Listed for rent$4,500$4/sqft
        Source: Zillow Rental Manager Report a problem
        10/3/2005Sold$670,000$646/sqft
        Source: FLKMLS #527096 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,934 -3.1%$790,740 +6%
        2024$8,187 +10%$745,718 +10%
        2023$7,444 +16.5%$677,925 +10%
        2022$6,392 +23.2%$616,295 +30.7%
        2021$5,190 +11%$471,498 +8.2%
        2020$4,674 $435,621 +2.9%
        2019$4,674 +2.6%$423,302 -0.1%
        2018$4,556 +3.7%$423,909 -2.8%
        2017$4,394 +1.7%$436,057 +2.6%
        2016$4,319 +2.3%$424,996 +21.9%
        2015$4,223 $348,693
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33051

        Getting around

        11 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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