Turnkey Raised Duplex in Key Colony Beach - Strong Rental Income or Ideal Family Vacation PropertyFully furnished 2BR/2BA (per side) duplex located in the desirable Key Colony Beach community. The property is currently operating as a successful short-term rental, plus the vacation rental license was recently renewed so inspection should be easy, allowing a new owner to continue renting quickly.For buyers looking for a personal getaway, the layout is also ideal as a family vacation property, offering two separate living spaces that allow families or groups to stay close together while still having privacy.New owners can immediately obtain Cabana Club membership, which provides private beach access, pool, and hot tub, and is a major driver for vacation rental bookings in the area. The property is also walkable to restaurants and ocean-view bars.The duplex was fully remodeled in 2021, including new plumbing, flooring, AC system, and interior and exterior paint. Additional updates through 2024-2026 include impact windows and doors, updated ductwork, roof improvements, new drywall in one unit, new washer and dryer, grills, and water heaters, making the property well-maintained and move-in or rental ready.A large outdoor seating area and yard provide space for guests or family to gather, making it especially attractive for groups renting or using both sides of the duplex.Fully furnished and turnkey for immediate use or continued rental income.
For sale
$1,550,000
280/290 3rd St, Key Colony Beach, FL 33051
4beds
1,536sqft
Duplex, Multi Family
Built in 1988
-- sqft lot
$1,436,000 Zestimate®
$1,009/sqft
$-- HOA
What's special
Two separate living spacesImpact windows and doors
- 102 days |
- 142 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Dalton Robinson 301-751-7231,
Birch Haven Real Estate
Source: FLKMLS,MLS#: 619093
Originating MLS: Florida Keys
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Water Softener, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Built-in Cabinets
- Flooring: Laminate
- Windows: Other Windows/Doors, Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 1,536 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Trailer Storage, Covered, Off Street, Guest, Attached
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Rain Gutters, Storage, Lighting
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 6,534 Square Feet
- Dimensions: .15 acers
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00072600000000
- Zoning: R-2B
- Zoning description: Key Colony Two Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Concrete, Stucco
- Roof: Metal
Condition
- Year built: 1988
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Cable Available
Community & HOA
Community
- Features: Pool, Spa, Beach, Tennis Court(s), Community Boat Ramp
- Security: Smoke Detector(s)
- 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: $1,009/sqft
- Annual tax amount: $7,779
- Date on market: 3/16/2026
- Listing terms: Cash,VA Loan,Conventional
Estimated market value
$1,436,000
$1.36M - $1.51M
$3,736/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Price change | $1,550,000-6.1%$1,009/sqft |
Source: | ||
| 3/16/2026 | Listed for sale | $1,650,000$1,074/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 5.1 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 4.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key Colony Beach
- 33051
- 280/290 3rd St
Nearby cities
Nearby zip codes
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