571 8th Street, Key Colony, FL 33051
571 8th Street, Key Colony, FL 33051
571 8th Street, Key Colony, FL 33051
571 8th Street, Key Colony, FL 33051
571 8th Street, Key Colony, FL 33051
571 8th Street, Key Colony, FL 33051
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$1,900,000

$1,995,000

4.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

4 Baths

2,333 SqFt


SOLD DATE : 01/16/2026

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Sub Type Multi-family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,333 sqft

Price per Sqft $814

Subdivision Key Colony Bch 1St Addn Amd Plat (53.5)

MLS Listing ID 616263

Sold Date 01/16/26

Style Duplex

Bedrooms 5

Full Baths 4

Construction Status CBS

HOA Y/N No

Rental Info With Restrictions

Year Built 1970

Annual Tax Amount $12,690

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Multi-family

Property Description

Embrace the laid back charm of the Florida Keys with this beautifully renovated full duplex in the highly sought after community of Key Colony Beach. This turnkey property features five bedrooms, four bathrooms, and is licensed for 7-night weekly rentals, making it ideal for both personal use and income generation. Fully updated from top to bottom, each unit boasts modern kitchens with new appliances, renovated bathrooms, impact-rated windows and doors, stylish finishes, in-unit laundry, and separate electric meters. The upstairs unit features two bedrooms and two bathrooms, accompanied by a covered porch that offers scenic views of the water. The downstairs unit, on the other hand, boasts three bedrooms and two bathrooms, along with a screened-in patio perfect for relaxing outdoors. Outside, enjoy 75 feet of waterfront with a concrete seawall, davits, a fish cleaning station, and direct ocean and bay access via nearby Vaca Cut. The expansive lot features a private salt water pool with a newly installed heater/chiller, outdoor shower, tiki hut, spacious outdoor gathering area, fenced yard, one-car garage, and ample parking for vehicles, trailers, or even an RV. Just steps from biking/walking paths, Sunset Park, tennis and pickleball courts, a golf course, and popular restaurants, this exceptional property offers versatile potential. Live in one unit and rent out the other, co-own with family or friends, or capitalize on the vacation rental investment potential. Don't miss this true Keys gem in one of the most desirable locations in the Middle Keys.

Location

State FL

County Monroe

Area 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

Zoning R-2A - Key Colony Two Family

Interior

Heating Central Air, Ceiling Fans(s)

Cooling Central Air, Ceiling Fans(s)

Furnishings Negotiable

Appliance Washer, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer

Exterior

Exterior Feature Chickee Hut, Outdoor Shower, Lighting, Fencing

Parking Features Garage, RV Parking Open, Trailer Storage, Off Street Parking, Guest Parking, Open Parking, Detached

Pool In Ground

Utilities Available Buyer to Verify

Waterfront Description Canal Front

View Canal View

Porch Open Porch/Balcony, Deck, Screened Patio

Private Pool Yes

Building

Story 2 Stories

Sewer Yes

Construction Status CBS

Others

SqFt Source Property Data Card

Special Listing Condition Updated/Remodeled

Pets Allowed Pets Allowed

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Listed by Ocean Sotheby's International
Bought with American Caribbean Real Estate, Christie's International Real Estate

Nearby Locations

Carolyn Ambler

"We are here to be your trusted real estate advisors for life! "

+1(203) 395-6773

carolyn@keyswaterfront.com

81800 Overseas Hwy, Islamorada, FL, 33036-3606, USA

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