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Sold for $1,330,000
  • $1,330,000

    351 5th St, Key Colony Beach, FL 33051

    2beds
    1,646sqft
    Single Family Residence
    Built in 1958
    6,534 Square Feet Lot
    $1,404,000 Zestimate®
    $808/sqft
    $5,076 Estimated rent

    Home value

    $1,404,000

    $1.33M - $1.47M

    $5,076/mo

    Zestimate® history
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    What's special

    Wide clear deep-water canalDecked pool areaHuge tiki hutScreened patioUpdated kitchen
    Welcome to your slice of paradise in the heart of the Florida Keys. This Conch-style home is tucked away on a wide, clear, deep-water canal just 5 minutes from the crystal blue Atlantic Ocean. Boaters and anglers alike, will love the 60 ft concrete dock with boat lift—ideal for easy ocean access and unforgettable adventures on the water. World-class fishing, diving, snorkeling, and marine wildlife encounters all begin at your dock. Entertain in island style on the decked pool area, huge tiki hut, and screened patio perfect for relaxing or hosting. The interior boasts a huge, updated kitchen with tons of cabinetry, seamlessly flowing into an open living, dining, and kitchen area with views of the screened patio, Tiki Hut and pool. Enjoy resort-like living on Key Colony Beach with access to incredible amenities: golf, marina, pickleball, tennis, horseshoes, bocce ball, basketball, playgrounds, and Sunset Oceanfront Park. Everything you need is within reach—restaurants, shopping, post office, police & building departments, and 15 streets to walk, jog or bike. No problem getting here, only 3 miles to Marathon's Airport, 53 miles to Key West International Airport, 108 miles to Miami International Airport, and 139 miles to Ft Lauderdale Airport. Whether you're seeking a full-time residence, vacation retreat, or investment property, this home captures the best of island living in one perfect package.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen D Raspe 305-393-9010,

    Ocean Sotheby's International

    Bought with:

    Natalie M. Ardis, 3231276

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 615786MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s), Ductless
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Disposal, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Dade County Pine
    • Flooring: Tile
    • Windows: Skylight(s)
    • Furnished: Yes
    Interior area
    • Total structure area: 1,646
    • Total interior livable area: 1,646 sqft

    Property

    Parking
    • Parking features: RV Access/Parking
    • Has garage: Yes
    Features
    • Levels: Ground Level
    • Patio & porch: Deck, Patio, Screened Patio
    • Exterior features: Chickee Hut
    • Has private pool: Yes
    • Pool features: In Ground, Fiberglass, Decked
    • Fencing: Fenced,Privacy
    • On waterfront: Yes
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 00073750000000
    • Zoning: R-1B - Key Colony Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1958

    Community & HOA

    Community
    • Features: Community Boat Ramp, Beach, 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: $808/sqft
    • Tax assessed value: $1,045,208
    • Annual tax amount: $11,468
    • Date on market: 4/14/2026

    Price history

    DateEventPrice
    9/25/2026Sold$1,330,000-11%$808/sqft
    Source: FLKMLS #615786 Report a problem
    7/17/2026Contingent$1,495,000$908/sqft
    Source: FLKMLS #615786 Report a problem
    6/29/2026Price change$1,495,000-0.3%$908/sqft
    Source: Key West AOR #615786 Report a problem
    4/14/2026Listed for sale$1,500,000$911/sqft
    Source: Key West AOR #615786 Report a problem
    4/3/2026Contingent$1,500,000$911/sqft
    Source: FLKMLS #615786 Report a problem
    3/7/2026Price change$1,500,000-4.5%$911/sqft
    Source: Key West AOR #615786 Report a problem
    2/11/2026Price change$1,570,000-1.6%$954/sqft
    Source: Key West AOR #615786 Report a problem
    11/13/2025Price change$1,595,000-5.6%$969/sqft
    Source: FLKMLS #615786 Report a problem
    8/10/2025Price change$1,690,000-0.6%$1,027/sqft
    Source: Key West AOR #615786 Report a problem
    7/13/2025Listed for sale$1,700,000-2.9%$1,033/sqft
    Source: FLKMLS #615786 Report a problem
    11/28/2023Listing removed--
    Source: FLKMLS #604994 Report a problem
    4/18/2023Listed for sale$1,750,000+52.2%$1,063/sqft
    Source: Key West AOR #604994 Report a problem
    6/2/2021Sold$1,150,000+109.1%$699/sqft
    Source: FLKMLS #596334 Report a problem
    5/22/2010Listing removed$550,000$334/sqft
    Source: American Caribbean Real Estate #550372 Report a problem
    5/15/2010Listed for sale$550,000+4.2%$334/sqft
    Source: American Caribbean Real Estate #550372 Report a problem
    4/14/2010Sold$528,000-8.2%$321/sqft
    Source: Public Record Report a problem
    12/23/2009Listed for sale$575,000+325.9%$349/sqft
    Source: American Caribbean Real Estate #550372 Report a problem
    5/19/1998Sold$135,000$82/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,276 -10.4%$1,045,208 -6.4%
    2024$11,468 +5.1%$1,116,643 +10%
    2023$10,910 +17.1%$1,015,130 +10%
    2022$9,318 +31%$922,845 +39%
    2021$7,113 +12.7%$663,963 +9.7%
    2020$6,310 $605,166 -4.1%
    2019$6,310 -3.9%$631,331 +0.5%
    2018$6,565 +4.4%$627,995 -2.1%
    2017$6,288 +4%$641,681 +5.8%
    2016$6,047 +3.5%$606,618 +16.2%
    2015$5,844 $521,996
    Find assessor info on the county website

    Neighborhood: 33051

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,404,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,404,000