You've Arrived--Now Stay Awhile! Welcome to your waterfront escape in Key Colony Beach! This beautifully remodeled 3-bed, 3-bath half-duplex offers the perfect blend of luxury and relaxation. Overlooking the sparkling pool and canal, you'll enjoy a concrete seawall with direct access to the ocean and bay via Vaca Cut--a boater's dream! Inside, the open-concept living space shines with a modern aqua backsplash, quartz countertops, and stainless steel appliances. The split floor plan ensures privacy, with a spacious owners suite featuring an ensuite bath. This home is perfect for an investor, vacation home buyer, or primary home buyer! Key Colony Beach offers exclusive access to the Cabana Club, a par-3 golf course, waterfront dining, and scenic bike/walking paths. Don't wait--start living the island lifestyle today!
For sale
Price cut: $55K (1/26)
$1,195,000
351 8th St, Key Colony Beach, FL 33051
3beds
1,511sqft
Est.:
Half Duplex, Single Family Residence
Built in 1970
3,920.4 Square Feet Lot
$1,182,800 Zestimate®
$791/sqft
$-- HOA
What's special
Waterfront escapeQuartz countertopsEnsuite bathOpen-concept living spaceModern aqua backsplashSplit floor planStainless steel appliances
- 167 days |
- 1,288 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: March 15, 2026 at 03:25am
Listed by:
The Watkins Group 305-304-4269,
Keller Williams Key West Compass Realty
Source: FLKMLS,MLS#: 616755
Originating MLS: Key West Association
Originating MLS: Key West AssociationTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air
Appliances
- Included: Washer, Microwave, Oven, Dishwasher, Dryer
Interior area
- Total interior livable area: 1,511 sqft
Property
Parking
- Parking features: Open, Off Street
- Has uncovered spaces: Yes
Features
- Has private pool: Yes
- Pool features: In Ground, Fiberglass
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock Length: 37
Lot
- Size: 3,920.4 Square Feet
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00074910000100
- Zoning: R-1A
- Zoning description: Key Colony Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Half Duplex, Single Family Residence
- Attached to another structure: Yes
Materials
- CBS
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & HOA
Community
- 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: $791/sqft
- Tax assessed value: $815,948
- Annual tax amount: $5,084
- Date on market: 10/6/2025
Estimated market value
$1,182,800
$1.12M - $1.24M
$5,092/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2026 | Listed for sale | $1,195,000-4.4%$791/sqft |
Source:  Key West AOR #616755 Report a problem | ||
| 1/19/2026 | Contingent | $1,250,000$827/sqft |
Source: Key West AOR #616755 Report a problem | ||
| 1/15/2026 | Listed for sale | $1,250,000$827/sqft |
Source: Key West AOR #616755 Report a problem | ||
| 1/14/2026 | Contingent | $1,250,000$827/sqft |
Source: Key West AOR #616755 Report a problem | ||
| 10/6/2025 | Listed for sale | $1,250,000$827/sqft |
Source:  FLKMLS #616755 Report a problem | ||
| 8/25/2025 | Listing removed | $1,250,000$827/sqft |
Source: FLKMLS #615031 Report a problem | ||
| 5/14/2025 | Listed for sale | $1,250,000+46.2%$827/sqft |
Source: FLKMLS #615031 Report a problem | ||
| 7/27/2021 | Sold | $855,000+0.7%$566/sqft |
Source: FLKMLS #596638 Report a problem | ||
| 6/26/2021 | Contingent | $849,000$562/sqft |
Source: FLKMLS #596638 Report a problem | ||
| 6/24/2021 | Listed for sale | $849,000+75.8%$562/sqft |
Source: FLKMLS #596638 Report a problem | ||
| 8/31/2017 | Sold | $483,000+17.8%$320/sqft |
Source: FLKMLS #576426 Report a problem | ||
| 8/1/2017 | Listed for sale | $410,000-50.3%$271/sqft |
Source: Allison James Estates & Homes #P111MY6 Report a problem | ||
| 4/13/2005 | Sold | $825,000+64.2%$546/sqft |
Source: Public Record Report a problem | ||
| 7/15/2004 | Sold | $502,500+235%$333/sqft |
Source: Public Record Report a problem | ||
| 2/9/1994 | Sold | $150,000$99/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,119 +0.7% | $527,308 +2.9% |
| 2024 | $5,085 +3.8% | $512,448 +3% |
| 2023 | $4,900 +3.9% | $497,523 +3% |
| 2022 | $4,717 -12% | $483,033 -1.2% |
| 2021 | $5,362 +4.9% | $488,759 +1.7% |
| 2020 | $5,111 | $480,697 -0.9% |
| 2019 | $5,111 +5.4% | $485,055 +22.1% |
| 2018 | $4,849 +16.9% | $397,270 -0.3% |
| 2017 | $4,146 +12.4% | $398,362 +2.2% |
| 2016 | $3,690 -2% | $389,778 +7.9% |
| 2015 | $3,764 | $361,373 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,777/mo
Principal & interest
$5960
Property taxes
$817
More affordability tools
Climate risks
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 4/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.6 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 3.7 mi
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