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For sale
  • $2,075,000

    320 5th St, Key Colony Beach, FL 33051

    5beds
    3,234sqft
    : 
    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
    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.
    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#: 618755MLS LogoOriginating 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
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        Estimated market value

        $2,176,500

        $2.07M - $2.29M

        $7,686/mo

        Price history

        Price history
        DateEventPrice
        2/21/2026Listed for sale$2,075,000+3.8%$642/sqft
        Source: Key West AOR #618755 Report a problem
        10/27/2025Listing removed$1,999,000$618/sqft
        Source: FLKMLS #613928 Report a problem
        8/26/2025Price change$1,999,000-12.1%$618/sqft
        Source: Key West AOR #613928 Report a problem
        2/28/2025Listed for sale$2,275,000+21.3%$703/sqft
        Source: FLKMLS #613928 Report a problem
        9/9/2024Sold$1,875,000-10.7%$580/sqft
        Source: Public Record Report a problem
        4/20/2023Listing removed--
        Source: Key West AOR #602711 Report a problem
        4/15/2023Price change$2,099,999-8.7%$649/sqft
        Source: FLKMLS #602711 Report a problem
        11/26/2022Price change$2,300,000-4.2%$711/sqft
        Source: FLKMLS #602711 Report a problem
        10/9/2022Listed for sale$2,400,000+344.4%$742/sqft
        Source: FLKMLS #602711 Report a problem
        11/16/2018Sold$540,000-25.5%$167/sqft
        Source: FLKMLS #579592 Report a problem
        2/13/2015Listing removed$725,000$224/sqft
        Source: CENTURY 21 Schwartz Realty #564919 Report a problem
        11/6/2014Price change$725,000+16%$224/sqft
        Source: CENTURY 21 Schwartz Realty #564919 Report a problem
        9/24/2014Price change$625,000+8.7%$193/sqft
        Source: CENTURY 21 Schwartz Realty #564919 Report a problem
        8/28/2014Price change$575,000-34.7%$178/sqft
        Source: CENTURY 21 Schwartz Realty #564919 Report a problem
        8/7/2014Listed for sale$880,000-4.3%$272/sqft
        Source: CENTURY 21 Schwartz Realty #564919 Report a problem
        2/24/2004Sold$920,000+162.9%$284/sqft
        Source: FLKMLS #516036 Report a problem
        4/17/1995Sold$350,000$108/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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

          Getting around

          11 / 100
          Car-Dependent
          30 / 100
          Somewhat Bikeable

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