461 & 471 3rd St, Key Colony Beach, FL 33051

Key Colony Beach
Local realty services provided by:First Service Realty ERA Powered
461 & 471 3rd St,Key Colony, FL 33051
$1,848,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,528 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, May 30
    02:00 pm - 04:00 pm
Listed by: david grego
Office: island breeze realty, llc.305-743-8328
MLS#:A11924718
Source:SEFMLS

Price summary

  • Price:$1,848,000
  • Price per sq. ft.:$731.01

About this home

Capitalize on proven income and flexibility with this fully furnished, turnkey waterfront duplex generating approx. $100K/year in rental income! Built above flood for added peace of mind and potential insurance savings, this well-established (for 10+ years) vacation rental features two spacious 3BD/2BA units with private entrances and parking. Enjoy 60 ft. of deep-water dockage on a wide canal with immediate ocean access, plus two private waterfront outdoor living spaces framed by lush tropical landscaping and privacy fencing between. Whether you rent both units, live in one and rent the other or enjoy as a multi-family retreat, this property offers unmatched versatility at a price point well below comparable 6-bedroom waterfront single-family homes in Key Colony Beach. Just ¼ mile from the Cabana Club and close to beaches, dining, and shopping--ready for immediate use or continued rental success!

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Home facts

  • Year built:1997
  • Listing ID #:A11924718
  • Updated:May 14, 2026 at 09:51 AM

Rooms and interior

  • Flooring:Tile
  • Living area:2,528 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1997
  • Building area:2,528 sq. ft.
  • Construction Materials:Block
  • Exterior Features:Fence, Open, Patio, Porch, Storm Security Shutters
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,848,000
  • Price per sq. ft.:$731.01
  • Tax amount:$6,871 (2024)

Features and amenities

  • Amenities:Metal Windows, Single Hung Windows

Parking

  • Total parking spaces:5
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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