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.
Under contract
Price cut: $5K (6/29)
$1,495,000
351 5th St, Key Colony Beach, FL 33051
2beds
1,646sqft
:
Get pre-qualified$8,641/mo
Single Family Residence
Built in 1958
6,534 Square Feet Lot
$1,415,000 Zestimate®
$908/sqft
$-- HOA
What's special
Wide clear deep-water canalDecked pool areaHuge tiki hutScreened patioUpdated kitchen
- 394 days |
- 121 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Karen D Raspe 305-393-9010,
Ocean Sotheby's International
Source: FLKMLS,MLS#: 615786
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
Video & virtual tour
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: $908/sqft
- Tax assessed value: $1,045,208
- Annual tax amount: $11,468
- Date on market: 4/14/2026
Estimated market value
Zestimate®
$1,415,000
Estimated sales range
$1.34M - $1.49M
Rent Zestimate®
$4,737/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Contingent | $1,495,000$908/sqft |
Source: | ||
| 6/29/2026 | Price change | $1,495,000-0.3%$908/sqft |
Source: | ||
| 4/14/2026 | Listed for sale | $1,500,000$911/sqft |
Source: | ||
| 4/3/2026 | Contingent | $1,500,000$911/sqft |
Source: | ||
| 3/7/2026 | Price change | $1,500,000-4.5%$911/sqft |
Source: | ||
| 2/11/2026 | Price change | $1,570,000-1.6%$954/sqft |
Source: | ||
| 11/13/2025 | Price change | $1,595,000-5.6%$969/sqft |
Source: | ||
| 8/10/2025 | Price change | $1,690,000-0.6%$1,027/sqft |
Source: | ||
| 7/13/2025 | Listed for sale | $1,700,000-2.9%$1,033/sqft |
Source: | ||
| 11/28/2023 | Listing removed | -- |
Source: | ||
| 4/18/2023 | Listed for sale | $1,750,000+52.2%$1,063/sqft |
Source: | ||
| 6/2/2021 | Sold | $1,150,000+109.1%$699/sqft |
Source: | ||
| 5/22/2010 | Listing removed | $550,000$334/sqft |
Source: American Caribbean Real Estate #550372 Report a problem | ||
| 5/15/2010 | Listed for sale | $550,000+4.2%$334/sqft |
Source: American Caribbean Real Estate #550372 Report a problem | ||
| 3/31/2010 | Sold | $528,000-8.2%$321/sqft |
Source: | ||
| 12/23/2009 | Listed for sale | $575,000+325.9%$349/sqft |
Source: American Caribbean Real Estate #550372 Report a problem | ||
| 5/19/1998 | Sold | $135,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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 mi
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