351 5th Street, Key Colony, FL 33051

$1,595,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,646 Lot Size (sq. ft.): 6,600 Status: Active
Current Price: $1,595,000 List Date: 7/13/2025 Last Modified: 12/14/2025

Description

Welcome to your slice of paradise in the heart of the Florida Keys. This Conch-style home is tucked away on a wide, clear, deep-water canal just 5 minutes from the crystal blue Atlantic Ocean. Boaters and anglers alike, will love the 60 ft concrete dock with boat lift—ideal for easy ocean access and unforgettable adventures on the water. World-class fishing, diving, snorkeling, and marine wildlife encounters all begin at your dock. Entertain in island style on the decked pool area, huge tiki hut, and screened patio perfect for relaxing or hosting. The interior boasts a huge, updated kitchen with tons of cabinetry, seamlessly flowing into an open living, dining, and kitchen area with views of the screened patio, Tiki Hut and pool. Enjoy resort-like living on Key Colony Beach with access to incredible amenities: golf, marina, pickleball, tennis, horseshoes, bocce ball, basketball, playgrounds, and Sunset Oceanfront Park. Everything you need is within reach—restaurants, shopping, post office, police & building departments, and 15 streets to walk, jog or bike. No problem getting here, only 3 miles to Marathon's Airport, 53 miles to Key West International Airport, 108 miles to Miami International Airport, and 139 miles to Ft Lauderdale Airport. Whether you're seeking a full-time residence, vacation retreat, or investment property, this home captures the best of island living in one perfect package.

More Information MLS# 615786

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Species List: No Current Price: $1,595,000 Listing Date: 2025-07-10 List Price: $1,595,000

Location, Tax & Legal

City: KEY COLONY Off Shore Island: No Mile Marker: 53.5 Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca) Side: Ocean Flood Zone: AE Alternate Key #: 1077852 Parcel #: 00073750-000000 Zoning: R-1B - Key Colony Single Family Deed Restrictions: Unknown Legal: BK 5 LT 15 KEY COLONY BEACH PB3-120 SHELTER KEY OR450-589 OR825-550 OR844-1964/65 OR854-2185 OR1515-2052 OR1515-2053/54 Taxes: 11468.37 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 351 Street Name: 5th Street Suffix: Street Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Key Colony Beach (53.5) Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 5 Lot SqFt: 6600 Pool: Yes Total Units: 0 Acres: 0.15 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 1958 Living Apx SqFt: 1646 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Welcome to your slice of paradise in the heart of the Florida Keys. This Conch-style home is tucked away on a wide, clear, deep-water canal just 5 minutes from the crystal blue Atlantic Ocean. Boaters and anglers alike, will love the 60 ft concrete dock with boat lift—ideal for easy ocean access and unforgettable adventures on the water. World-class fishing, diving, snorkeling, and marine wildlife encounters all begin at your dock. Entertain in island style on the decked pool area, huge tiki hut, and screened patio perfect for relaxing or hosting. The interior boasts a huge, updated kitchen with tons of cabinetry, seamlessly flowing into an open living, dining, and kitchen area with views of the screened patio, Tiki Hut and pool. Enjoy resort-like living on Key Colony Beach with access to incredible amenities: golf, marina, pickleball, tennis, horseshoes, bocce ball, basketball, playgrounds, and Sunset Oceanfront Park. Everything you need is within reach—restaurants, shopping, post office, police & building departments, and 15 streets to walk, jog or bike. No problem getting here, only 3 miles to Marathon's Airport, 53 miles to Key West International Airport, 108 miles to Miami International Airport, and 139 miles to Ft Lauderdale Airport. Whether you're seeking a full-time residence, vacation retreat, or investment property, this home captures the best of island living in one perfect package. Directions: Overseas Hwy Mile Marker 53.5 turn at light onto Sadowski / KCB Causeway and bear left onto E. Ocean Dr. Turn Left onto 5th Street follow to #351 on your left

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock Length: 60 Dock: Wood Boat Lift: 1 Seawall: Concrete

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Ductless: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Tile: 1

Neighborhood Feature

Airstrip: 1 Beach: 1 Bike Paths: 1 Community Boat Ramp: 1 Tennis Courts: 1

Interior Features

Dade County Pine: 1 Sky Light(s): 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Unknown Ground Level: 1

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1 Sliding Glass Doors: 1

Vehicle Storage

Garage: 1 Guest Parking: 1 RV Parking Open: 1 Off Street Parking: 1

Security

Patrolled Area: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Utilities

Buyer to Verify: 1 Community Swr Plant: 1 FKAA: 1

Porch/Balcony

Deck: 1 Patio: 1 Screened Patio: 1

Title

Title Ins - Buyer: 1

Exterior Features

Chickee Hut: 1 Fencing: 1 Privacy Wall/Fence: 1

Pool Info

In Ground: 1 Heated: Yes Fiberglass: 1 Decked: 1

Pre-Wired

Cable: 1

Roof

Tar/Gravel Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Lift Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Garage; Guest Parking; Off Street Parking; RV Parking Open Furnished: Furnished Cooling: Ceiling Fans(s); Central Air; Ductless Utilities: Buyer to Verify; Community Swr Plant; FKAA Interior Features: Dade County Pine; Sky Light(s); Window Treatments Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Chickee Hut; Fencing; Privacy Wall/Fence Pool Info: In Ground; Fiberglass; Decked Construction: CBS Floor: Tile Roof: Tar/Gravel Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Beach; Bike Paths; Community Boat Ramp; Tennis Courts Security: Patrolled Area Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer
Listing Office: Ocean Sotheby's International
Last Updated: December - 14 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.