461 & 471 3rd Street, Key Colony Beach, FL 33051

Key Colony Beach
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
461 & 471 3rd Street,Key Colony, FL 33051
$1,848,000
  • 6 Beds
  • 4 Baths
  • 2,528 sq. ft.
  • Multi-family
  • Active
Listed by: david n. grego
Office: island breeze realty, llc.
MLS#:615206
Source:FL_FKBOR

Price summary

  • Price:$1,848,000
  • Price per sq. ft.:$731.01

About this home

Capitalize on proven income and flexibility with this fully furnished, turnkey waterfront duplex generating approx. $100K/year in rental income! Built above flood for added peace of mind and potential insurance savings, this well-established (for 10+ years) vacation rental features two spacious 3BD/2BA units with private entrances and parking. Enjoy 60 ft. of deep-water dockage on a wide canal with immediate ocean access, plus two private waterfront outdoor living spaces framed by lush tropical landscaping and privacy fencing between. Whether you rent both units, live in one and rent the other or enjoy as a multi-family retreat, this property offers unmatched versatility at a price point well below comparable 6-bedroom waterfront single-family homes in Key Colony Beach. Just ¼ mile from the Cabana Club and close to beaches, dining, and shopping--ready for immediate use or continued rental success!

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Home facts

  • Year built:1997
  • Listing ID #:615206
  • Added:397 day(s) ago
  • Updated:June 29, 2026 at 02:59 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Living area:2,528 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans(s), Central Air

Structure and exterior

  • Year built:1997
  • Building area:2,528 sq. ft.
  • Lot area:0.15 Acres
  • Exterior Features:Fencing, Privacy Wall/Fence

Finances and disclosures

  • Price:$1,848,000
  • Price per sq. ft.:$731.01
  • Tax amount:$6,941

Features and amenities

  • Amenities:Drapes Included, Smoke Alarms, Storage, Window Treatments

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