Spacious and sophisticated waterfront home situated on a wide canal with desirable eastern exposure, offering serene views of the in-ground pool and 100-foot-wide canal. Designed for both entertaining and everyday comfort, the home features a covered patio on the lower level and a generous wooden deck on the upper level, connected by elegant spiral stairs leading to a dedicated entertainment area below.The newly updated upstairs kitchen is bright, modern, and exceptionally spacious, anchoring the upper-level living space. This five-bedroom, three-bathroom residence is thoughtfully laid out with two bedrooms and two bathrooms upstairs, and three bedrooms with one bathroom downstairs--ideal for extended family, guests, or rental flexibility.A circular paver driveway provides ample parking, while separate living areas on each floor enhance privacy and functionality. The Corian kitchen, expansive layout, and waterfront lifestyle make this property suitable as a large family home, corporate retreat, or high-performing vacation rental.Complete with a private boat lift and quick access to the Atlantic Ocean, this home delivers the full waterfront experience--whether as a permanent residence or an income-generating investment.
For sale
$2,075,000
320 5th St, Key Colony Beach, FL 33051
5beds
3,234sqft
Est.:
Single Family Residence
Built in 1971
6,534 Square Feet Lot
$2,176,500 Zestimate®
$642/sqft
$-- HOA
What's special
Private boat liftExpansive layoutDesirable eastern exposureElegant spiral stairsFive-bedroom three-bathroom residenceWaterfront homeCorian kitchen
- 28 days |
- 967 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: February 21, 2026 at 12:32am
Listed by:
Baris Leyla 305-407-0314,
Coastal Collection Real Estate Inc.
Source: FLKMLS,MLS#: 618755
Originating MLS: Key West Association
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air, Ceiling Fans(s), Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Microwave, Oven
- Laundry: Laundry Room
Features
- Entrance Foyer, Built-in Cabinets, Other, Walk-In Closet(s), Storage
- Flooring: Tile, Wood
- Doors: Sliding Glass Doors
- Windows: Single Hung Windows, Accordion
Interior area
- Total interior livable area: 3,234 sqft
Property
Parking
- Parking features: Assigned, Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Parking
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony, Deck
- Exterior features: Storage
- Has private pool: Yes
- Pool features: In Ground
- Fencing: Privacy
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock Length: 60, Dockage: Boat Lift
Lot
- Size: 6,534 Square Feet
- Dimensions: 60 x 110
- Features: Less Than 1/4 Acre
Details
- Additional structures: Workshop
- Parcel number: 00073480000000
- Zoning: COZ
- Zoning description: Key Colony County Zoning
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Frame, Combo Construction
- Roof: Metal
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Community Swr Plant, Public Sewer
- Utilities for property: FKAA, Cable Available, Buyer to Verify
Community & HOA
Community
- Features: Fire Hydrant, Bike Paths
- Security: Smoke Detector(s), Patrolled Area
- Subdivision: Key Colony Beach (53.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Colony Beach
Financial & listing details
- Price per square foot: $642/sqft
- Tax assessed value: $1,357,565
- Annual tax amount: $13,149
- Date on market: 2/21/2026
Estimated market value
$2,176,500
$2.07M - $2.29M
$7,686/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2026 | Listed for sale | $2,075,000+3.8%$642/sqft |
Source: | ||
| 10/27/2025 | Listing removed | $1,999,000$618/sqft |
Source: | ||
| 8/26/2025 | Price change | $1,999,000-12.1%$618/sqft |
Source: | ||
| 2/28/2025 | Listed for sale | $2,275,000+21.3%$703/sqft |
Source: | ||
| 9/9/2024 | Sold | $1,875,000-10.7%$580/sqft |
Source: Public Record Report a problem | ||
| 4/20/2023 | Listing removed | -- |
Source: | ||
| 4/15/2023 | Price change | $2,099,999-8.7%$649/sqft |
Source: | ||
| 11/26/2022 | Price change | $2,300,000-4.2%$711/sqft |
Source: | ||
| 10/9/2022 | Listed for sale | $2,400,000+344.4%$742/sqft |
Source: | ||
| 11/16/2018 | Sold | $540,000-25.5%$167/sqft |
Source: | ||
| 2/13/2015 | Listing removed | $725,000$224/sqft |
Source: CENTURY 21 Schwartz Realty #564919 Report a problem | ||
| 11/6/2014 | Price change | $725,000+16%$224/sqft |
Source: CENTURY 21 Schwartz Realty #564919 Report a problem | ||
| 9/24/2014 | Price change | $625,000+8.7%$193/sqft |
Source: CENTURY 21 Schwartz Realty #564919 Report a problem | ||
| 8/28/2014 | Price change | $575,000-34.7%$178/sqft |
Source: CENTURY 21 Schwartz Realty #564919 Report a problem | ||
| 8/7/2014 | Listed for sale | $880,000-4.3%$272/sqft |
Source: CENTURY 21 Schwartz Realty #564919 Report a problem | ||
| 2/24/2004 | Sold | $920,000+162.9%$284/sqft |
Source: | ||
| 4/17/1995 | Sold | $350,000$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,150 -6.2% | $1,357,565 -3.9% |
| 2024 | $14,026 +106.7% | $1,413,046 +103.8% |
| 2023 | $6,786 +3.9% | $693,479 +3% |
| 2022 | $6,533 -0.9% | $673,281 +3% |
| 2021 | $6,593 +4.8% | $653,671 +1.4% |
| 2020 | $6,292 | $644,646 +15.3% |
| 2019 | $6,292 +7.2% | $559,223 -9.2% |
| 2018 | $5,869 -5% | $615,829 -16.4% |
| 2017 | $6,175 -13.3% | $736,198 +8% |
| 2016 | $7,118 +2.3% | $681,687 +8.3% |
| 2015 | $6,958 | $629,536 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$11,609/mo
Principal & interest
$10191
Property taxes
$1418
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Climate risks
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 4/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.9 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 4 mi
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