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Sold for $850,000
    • $850,000

    431 5th St, Key Colony Beach, FL 33051

    3beds
    1,184sqft
    Half Duplex, Single Family Residence
    Built in 1959
    3,484.8 Square Feet Lot
    $850,000 Zestimate®
    $718/sqft
    $4,729 Estimated rent

    Home value

    $850,000

    $765,000 - $944,000

    $4,729/mo

    Zestimate® history
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    What's special

    Welcome to your Key Colony Beach Escape, a beautifully maintained 3-bedroom, 2-bathroom waterfront half duplex featuring all-new impact windows and doors, 30 feet of concrete dockage, a fish cleaning station, tiki hut, fresh paint, new furnishings, and smart televisions in every room. The open-concept living area seamlessly integrates with a fully equipped kitchen, complete with a breakfast bar and dining area for six. This exceptional turnkey investment opportunity includes over $30,000 in future bookings to be transferred, active vacation rental licenses, and all inspections passed. Residents enjoy exclusive access to the nearby Cabana Club, offering beach and pool privileges, and the property is conveniently situated near parks, fishing, golf, and fine dining within the highly desirable Key Colony Beach community. This residence represents the ideal combination of luxury, convenience, and waterfront living in the Florida Keys.

    Zillow last checked: 7 hours ago

    Listing updated: March 09, 2026 at 06:20am

    Listed by:

    Saara Victoria Staten 786-623-7392,

    Engel & Volkers Marathon,

    Kasey Platt 305-393-7044,

    Florida Keys Real Estate Group

    Bought with:

    Nate Bartlett, 3588189

    Berkshire Hathaway HomeServices Keys Real Estate

    Source: FLKMLS,MLS#: 616225MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Dishwasher, Dryer
    Features
    • Flooring: Tile
    • Doors: Impact Rstnce Doors
    • Windows: Impact Rstnce Window, Panel
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,184 sqft

    Property

    Features
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Dock: Concrete, Dock Length: 30
    Lot
    • Size: 3,484 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00073790000100
    • Zoning: R-2B
    • Zoning description: Key Colony Two Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Half Duplex, Single Family Residence
    • Attached to another structure: Yes
    Materials
    • CBS
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Community Swr Plant, Public Sewer
    • Utilities for property: FKAA

    Community & neighborhood

    Location
    • Region: Key Colony Beach
    • Subdivision: Key Colony Beach (53.5)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    3/9/2026Sold$850,000-5.5%$718/sqft
    Source: FLKMLS #616225 Report a problem
    3/5/2026Pending sale$899,000$759/sqft
    Source: FLKMLS #616225 Report a problem
    1/15/2026Contingent$899,000$759/sqft
    Source: FLKMLS #616225 Report a problem
    8/22/2025Listed for sale$899,000$759/sqft
    Source: MLKAR #616225 Report a problem
    5/24/2025Listing removed$899,000$759/sqft
    Source: Engel & Volkers #612425 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,171 -14.3%$707,867 -13.2%
    2024$8,363 +8.1%$815,757 +8.8%
    2023$7,737 +31.6%$749,854 +33.3%

    Find assessor info on the county website

    Neighborhood: 33051

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    Estimated market value
    $850,000
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    Estimated market value
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