A sought-after opportunity to own a single-family home in Key Colony Beach at this price point--an appealing alternative to a half-duplex with intriguing possibilities for the future. Currently configured as a 2-bedroom, 2-bath single-family residence, this charming bungalow was originally a duplex with a 1-bedroom, 1-bath layout on each side and retains duplex zoning. Vaulted ceilings throughout and a bright, updated interior create a relaxed and welcoming atmosphere. The open living area extends to a back patio where you can enjoy soft evening breezes and sunset skies after a day on the water. With 40 feet of dockage and quick ocean access, heading out for a morning cruise or fishing trip couldn't be easier. Weekly vacation rentals are permitted, offering flexibility for personal enjoyment or investment. The property's original configuration and duplex zoning present an additional dimension of potential for those with an eye toward the future. Enjoy all that Key Colony Beach has to offer, including a marina, golf course, pickleball and tennis courts, bocce, playgrounds, walking and biking paths, and waterfront dining. An inviting island retreat with possibilities beyond the ordinary.
| MLS # | 621553 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 8 |
| Listing Provided By | Berkshire Hathaway HomeServices Keys Real Estate | Tracy Chacksfield |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,290 |
| Zoning | R-2B - Key Colony Two Family |
| Acreage | 0.06 |
| Water Front | Yes |
| Property View | Canal |
| Property | 8521 |
|---|
| State | FL |
|---|---|
| County | Monroe |
| City | KEY COLONY |
| Zip Code | 33051 |
| Area | 17 Vaca Cut Both Sides Holiday Inn | Key Colony |
| Community Name | Key Colony Beach (53.5) |
| Listing VS Median (in Key Colony Beach (53.5)) | |
Price: $899,000 low | high Med: $1,295,000 sqft: 1,290 low | high Med: 1,500 $ / sqft: $697 low | high Med: $863 On site: 8 low | high Med: 123 | |
| State | FL |
|---|---|
| County | Monroe |
| City | KEY COLONY |
| Zip Code | 33051 |
| Area | 17 Vaca Cut Both Sides Holiday Inn | Key Colony |
| Community Name | Key Colony Beach (53.5) |
| Listing VS Median (in Key Colony Beach (53.5)) | |
Price: $899,000 low | high Med: $1,295,000 sqft: 1,290 low | high Med: 1,500 $ / sqft: $697 low | high Med: $863 On site: 8 low | high Med: 123 | |
![]() | $799,00051 Coral LaneKey Colony Beach, FL |
![]() | $799,00051 Coral LaneKey Colony, FL 33051 |