Skip to main content

KAROL MARSDEN, PA          305-395-1975          karolrealtor@gmail.com

315 E Ocean Drive, Key Colony, FL 33051

$1,295,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,500 Lot Size (sq. ft.): 3,305 Status: Active
Current Price: $1,295,000 List Date: 6/29/2026 Last Modified: 8/23/2026

Description

STUNNING KCB WATERFRONT DUPLEX! This beautifully renovated 3BR/3BA half-duplex is the perfect turnkey home or highly profitable weekly vacation rental. Features 1,500 sq. ft. of modern coastal living space, quartz finishes, and 3 spacious bedrooms--each with an en-suite bath and private balcony. Excellent outdoor setup includes a private pool and 40 feet of seawall allowing up to 25 ft of dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof. Prime location steps from the Cabana Club, New photos will come when property does not have renters.

Open Houses

Sunday, August 23, 1:00 pm - 3:00 pm

More Information MLS# 620296

Contract Information

Listing Board: Marathon/Lower Keys Potential Short Sale: No Current Price: $1,295,000 Listing Date: 2026-06-16 List Price: $1,295,000

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 #: 8990268 Parcel #: 00072670-000200 Zoning: R-2A - Key Colony Two Family Deed Restrictions: No Legal: BK 3 THE W'LY PORTION OF THE W'LY PORTION OF LOTS 1-2 KEY COLONY BEACH PB3-120 SHELTER KEY OR407-1045/46 OR816-295 OR816 Taxes: 8507.88 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 315 Direction: E Street Name: Ocean Street Suffix: Drive 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: 3305 Pool: Yes Total Units: 0 Acres: 0.08 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Half Duplex Year Built: 2001 Living Apx SqFt: 1500 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: STUNNING KCB WATERFRONT DUPLEX! This beautifully renovated 3BR/3BA half-duplex is the perfect turnkey home or highly profitable weekly vacation rental. Features 1,500 sq. ft. of modern coastal living space, quartz finishes, and 3 spacious bedrooms--each with an en-suite bath and private balcony. Excellent outdoor setup includes a private pool and 40 feet of seawall allowing up to 25 ft of dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof. Prime location steps from the Cabana Club, New photos will come when property does not have renters.

Association Info

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

Fee Includes

None: 1

Dockage

Dock Length: 40 Seawall: Concrete

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Oven: 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 Open Water View: 1

Floor

Laminate: 1 Tile: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Clubhouse: 1 Tennis Courts: 1

Interior Features

Drapes/Blinds Incl: 1 Quartz Countertops: 1 Smoke Alarms: 1 Storage: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Yes Stories: 2 Stories

Windows/Doors

Impact Rstnce Window: 1 Sliding Glass Doors: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Negotiable: 1

Utilities

Buyer to Verify: 1 FKAA: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Privacy Wall/Fence: 1

Pool Info

In Ground: 1 Heated: Yes Fiberglass: 1

Roof

Metal Roof: 1

Shutters

Accordion: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View; Open Water View Property Condition: Updated/Remodeled Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; FKAA Interior Features: Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Storage Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Privacy Wall/Fence Pool Info: In Ground; Fiberglass Construction: CBS Shutters: Accordion Floor: Laminate; Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Clubhouse; Tennis Courts Land Size: Less Than 1/4 Acre Title: Negotiable
Listing Office: Key Colony Beach Realty
Last Updated: August - 23 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.