Spacious and sophisticated waterfront home situated on a wide canal with desirable eastern exposure, offering serene views of the in-ground pool and 100-foot-wide canal. Designed for both entertaining and everyday comfort, the home features a covered patio on the lower level and a generous wooden deck on the upper level, connected by elegant spiral stairs leading to a dedicated entertainment area below.
The newly updated upstairs kitchen is bright, modern, and exceptionally spacious, anchoring the upper-level living space. This five-bedroom, three-bathroom residence is thoughtfully laid out with two bedrooms and two bathrooms upstairs, and three bedrooms with one bathroom downstairs--ideal for extended family, guests, or rental flexibility.
A circular paver driveway provides ample parking, while separate living areas on each floor enhance privacy and functionality. The Corian kitchen, expansive layout, and waterfront lifestyle make this property suitable as a large family home, corporate retreat, or high-performing vacation rental.
Complete with a private boat lift and quick access to the Atlantic Ocean, this home delivers the full waterfront experience--whether as a permanent residence or an income-generating investment.
For sale
Price cut: $100K (6/10)
$1,875,000
320 5th St, Key Colony Beach, FL 33051
5beds
3,234sqft
:
Get pre-qualified$10,838/mo
Single Family Residence
Built in 1971
6,534 Square Feet Lot
$2,176,500 Zestimate®
$580/sqft
$-- HOA
What's special
Private boat liftExpansive layoutFive-bedroom three-bathroom residenceWaterfront homeCorian kitchenNewly updated upstairs kitchenDedicated entertainment area below
- 171 days |
- 783 |
- 64 |
Zillow last checked:
Listing updated:
Listed by:
Baris Leyla 305-407-0314,
Coastal Collection Real Estate Inc.
Source: FLKMLS,MLS#: 618755
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air, Wall/Window Unit(s), Ceiling Fans(s)
Appliances
- Included: Dishwasher, Oven, Microwave
- Laundry: Laundry Room
Features
- Built-in Features, Storage, Walk-in Closet(s)
- Flooring: Tile, Wood
Interior area
- Total structure area: 3,234
- Total interior livable area: 3,234 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Parking
Features
- Patio & porch: Open Porch/Balcony, Deck
- Exterior features: Storage
- Has private pool: Yes
- Pool features: In Ground
- Fencing: Privacy
- On waterfront: Yes
Lot
- Size: 6,534 Square Feet
- Dimensions: 60 X 110
Details
- Parcel number: 00073480000000
- Zoning: COZ - Key Colony County Zoning
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Frame, Combo Construction
Condition
- Year built: 1971
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Fire Hydrant, Bike Paths
- 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: $580/sqft
- Tax assessed value: $1,357,565
- Annual tax amount: $13,149
- Date on market: 2/21/2026
Estimated market value
Zestimate®
$2,176,500
Estimated sales range
$2.07M - $2.29M
Rent Zestimate®
$6,268/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $1,875,000-5.1%$580/sqft |
Source: | ||
| 5/9/2026 | Price change | $1,975,000-4.8%$611/sqft |
Source: | ||
| 2/21/2026 | Listed for sale | $2,075,000+3.8%$642/sqft |
Source: | ||
| 10/27/2025 | Listing removed | $1,999,000$618/sqft |
Source: | ||
| 8/26/2025 | Price change | $1,999,000-12.1%$618/sqft |
Source: | ||
| 2/28/2025 | Listed for sale | $2,275,000+21.3%$703/sqft |
Source: | ||
| 9/9/2024 | Sold | $1,875,000-10.7%$580/sqft |
Source: Public Record Report a problem | ||
| 4/20/2023 | Listing removed | -- |
Source: | ||
| 4/15/2023 | Price change | $2,099,999-8.7%$649/sqft |
Source: | ||
| 11/26/2022 | Price change | $2,300,000-4.2%$711/sqft |
Source: | ||
| 10/9/2022 | Listed for sale | $2,400,000+344.4%$742/sqft |
Source: | ||
| 11/16/2018 | Sold | $540,000-25.5%$167/sqft |
Source: | ||
| 2/13/2015 | Listing removed | $725,000$224/sqft |
Source: CENTURY 21 Schwartz Realty #564919 Report a problem | ||
| 11/6/2014 | Price change | $725,000+16%$224/sqft |
Source: CENTURY 21 Schwartz Realty #564919 Report a problem | ||
| 9/24/2014 | Price change | $625,000+8.7%$193/sqft |
Source: CENTURY 21 Schwartz Realty #564919 Report a problem | ||
| 8/28/2014 | Price change | $575,000-34.7%$178/sqft |
Source: CENTURY 21 Schwartz Realty #564919 Report a problem | ||
| 8/7/2014 | Listed for sale | $880,000-4.3%$272/sqft |
Source: CENTURY 21 Schwartz Realty #564919 Report a problem | ||
| 2/24/2004 | Sold | $920,000+162.9%$284/sqft |
Source: | ||
| 4/17/1995 | Sold | $350,000$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,150 -6.2% | $1,357,565 -3.9% |
| 2024 | $14,026 +106.7% | $1,413,046 +103.8% |
| 2023 | $6,786 +3.9% | $693,479 +3% |
| 2022 | $6,533 -0.9% | $673,281 +3% |
| 2021 | $6,593 +4.8% | $653,671 +1.4% |
| 2020 | $6,292 | $644,646 +15.3% |
| 2019 | $6,292 +7.2% | $559,223 -9.2% |
| 2018 | $5,869 -5% | $615,829 -16.4% |
| 2017 | $6,175 -13.3% | $736,198 +8% |
| 2016 | $7,118 +2.3% | $681,687 +8.3% |
| 2015 | $6,958 | $629,536 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.9 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 4.1 mi
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