261 3Rd Street, Key Colony, FL 33051 (MLS# 621039)

261 3Rd Street, Key Colony, FL 33051

New Listing

$869,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,037 Lot Size (sq. ft.): 2,797 Status: Active

Current Price: $869,000 List Date: 8/21/2026 Last Modified: 8/21/2026

Description

KEY COLONY BEACH WATERFRONT GEM • 30' OF DOCKAGE • WALK TO CABANA CLUB • TURNKEY • VACATION RENTAL Welcome to your slice of the Florida Keys in sought-after Key Colony Beach! This gorgeous 2-bedroom, 2-bath half duplex offers the perfect combination of coastal living, boating convenience, and vacation-rental potential. Ideally located just a short walk from the renowned Cabana Club. Step inside to find a stylish, thoughtfully updated interior featuring granite countertops, stainless steel appliances, tile flooring, and quality finishes throughout. Impact windows and doors provide peace of mind while allowing plenty of natural light to fill the home. Outdoor living is just as impressive, with 30 feet of dockage providing the perfect setup for boating, fishing, and enjoying everything the Florida Keys has to offer. After a day on the water, rinse off in the convenient outdoor shower or relax and soak in the laid-back island lifestyle. The property is being offered fully furnished and turnkey and is currently established in the vacation rental program, making this an exceptional opportunity for an owner looking for a personal Keys getaway with rental income potential.

More Information MLS# 621039

Contract Information

Listing Board: Marathon/Lower Keys Current Price: $869,000 Listing Date: 2026-08-21 List Price: $869,000

Location, Tax & Legal

City: KEY COLONY Mile Marker: 53.5 Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca) Side: Ocean Flood Zone: AE Alternate Key #: 1076805 Parcel #: 00072750-000000 Zoning: R-1A - Key Colony Single Family Deed Restrictions: Unknown Legal: BK 3 SLY PORTION LT 9 KEY COLONY BEACH PB3-120 SHELTER KEY OR541-652 OR774-176 OR1340-1112 OR1340-1113 OR1980-946 OR2084 Taxes: 6581.32 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 261 Street Name: 3Rd Street Suffix: Street Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Key Colony Beach (53.5) Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 5 Lot Size: X Lot SqFt: 2797 Pool: No Total Units: 0 Acres: 0.06 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Half Duplex Year Built: 1974 Living Apx SqFt: 1037 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: KEY COLONY BEACH WATERFRONT GEM • 30' OF DOCKAGE • WALK TO CABANA CLUB • TURNKEY • VACATION RENTAL Welcome to your slice of the Florida Keys in sought-after Key Colony Beach! This gorgeous 2-bedroom, 2-bath half duplex offers the perfect combination of coastal living, boating convenience, and vacation-rental potential. Ideally located just a short walk from the renowned Cabana Club. Step inside to find a stylish, thoughtfully updated interior featuring granite countertops, stainless steel appliances, tile flooring, and quality finishes throughout. Impact windows and doors provide peace of mind while allowing plenty of natural light to fill the home. Outdoor living is just as impressive, with 30 feet of dockage providing the perfect setup for boating, fishing, and enjoying everything the Florida Keys has to offer. After a day on the water, rinse off in the convenient outdoor shower or relax and soak in the laid-back island lifestyle. The property is being offered fully furnished and turnkey and is currently established in the vacation rental program, making this an exceptional opportunity for an owner looking for a personal Keys getaway with rental income potential.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock Length: 30 Dock: Wood Seawall: Concrete

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Tile: 1

Interior Features

Granite Counter Top: 1 Smoke Alarms: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Unknown Stilt Column Height: Short - 4Ft & Under

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Guest Parking: 1 Open Parking: 1 Trailer Storage: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Utilities

Buyer to Verify: 1 Elect Separate Meter: 1 FKAA: 1 Water Separate Meter: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Title Ins - Buyer: 1

Exterior Features

Fencing: 1 Outdoor Shower: 1 Privacy Wall/Fence: 1

Roof

Metal Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Property Condition: Updated/Remodeled Vehicle Storage: Guest Parking; Open Parking; Trailer Storage Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Water Separate Meter Interior Features: Granite Counter Top; Smoke Alarms Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Outdoor Shower; Privacy Wall/Fence Construction: CBS Floor: Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer

Listing Office: LPT Realty, LLC

Last Updated: August - 21 - 2026

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