50 7Th Avenue, Key Colony, FL 33051

$1,579,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,605 Lot Size (sq. ft.): 6,250 Status: Active
Current Price: $1,579,000 List Date: 12/04/2025 Last Modified: 12/16/2025

Description

Experience Florida Keys living at its finest in this beautifully remodeled and redesigned home, the Manatee Bungalow. Sold turn-key this property offers a proven rental history with bookings in place, making it the perfect option for a vacation rental or retirement home in paradise. This spacious and modern home features tile throughout, a custom kitchen with a large center island, a dining area, and a cozy living room. With three bedrooms, including two ensuite bathrooms, this home is perfect for families or groups of friends. The home is fully updated with impact-resistant windows and doors, plumbing, electrical, central AC system, as well as Mitsubishi mini splits in each bedroom for ultimate comfort. After a day of fun in the sun, step outside to your own personal tiki hut and enjoy a refreshing drink while taking in the tranquil scenery. This property also offers ample space for a pool. New pavers throughout the yard, white maintenance free aluminum fence, and an irrigation system for the lush lawn. Boat enthusiasts will love the two boat slips, each accommodating boats up to 50 feet in length, with one currently featuring a 12,000-pound lift. Enjoy the open-water views of the 200-ft wide canal with deep-water access, ideally located for exploring the open ocean and the Gulf. If you're an avid golfer, tennis player, or enjoy outdoor sports, you'll have access to a variety of activities right across the street, including golf, tennis, pickleball, basketball, and playgrounds. Don't miss the chance to experience island living at its finest at Manatee Bungalow.

More Information MLS# 617225

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Species List: No Current Price: $1,579,000 Listing Date: 2025-11-07 List Price: $1,579,000

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 #: 1083810 Handicap Access: No Parcel #: 00078090-000000 Zoning: R-1B - Key Colony Single Family Deed Restrictions: Unknown Legal: LOT 26 AND ADJ FILLED LAND AND BAY BTM KEY COLONY BEACH YACHT CLUB SUB KEY COLONY BCH PB4-68 Taxes: 9872.7 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 50 Street Name: 7Th Street Suffix: Avenue Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Key Colony Bch Yacht (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: 6250 Pool: No Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.05 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 1959 Living Apx SqFt: 1605 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Experience Florida Keys living at its finest in this beautifully remodeled and redesigned home, the Manatee Bungalow. Sold turn-key this property offers a proven rental history with bookings in place, making it the perfect option for a vacation rental or retirement home in paradise. This spacious and modern home features tile throughout, a custom kitchen with a large center island, a dining area, and a cozy living room. With three bedrooms, including two ensuite bathrooms, this home is perfect for families or groups of friends. The home is fully updated with impact-resistant windows and doors, plumbing, electrical, central AC system, as well as Mitsubishi mini splits in each bedroom for ultimate comfort. After a day of fun in the sun, step outside to your own personal tiki hut and enjoy a refreshing drink while taking in the tranquil scenery. This property also offers ample space for a pool. New pavers throughout the yard, white maintenance free aluminum fence, and an irrigation system for the lush lawn. Boat enthusiasts will love the two boat slips, each accommodating boats up to 50 feet in length, with one currently featuring a 12,000-pound lift. Enjoy the open-water views of the 200-ft wide canal with deep-water access, ideally located for exploring the open ocean and the Gulf. If you're an avid golfer, tennis player, or enjoy outdoor sports, you'll have access to a variety of activities right across the street, including golf, tennis, pickleball, basketball, and playgrounds. Don't miss the chance to experience island living at its finest at Manatee Bungalow.

Association Info

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

Fee Includes

None: 1

Dockage

Dock Length: 50

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Waterfront

Canal Front: 1 Open Water: 1

Waterview

Canal View: 1 Open Water View: 1

Floor

Tile: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Tennis Courts: 1

Building Style

Above Flood: Unknown

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 3 Covered Parking: 1 Garage: 1 Guest Parking: 1 Attached: 1 Off Street Parking: 1

Construction

CBS: 1 Combo Construction: 1

Land Size

More than 1 Lot: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Title

Negotiable: 1

Pre-Wired

Cable: 1

Status Change Info

Contingent: None Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front; Open Water Waterview: Canal View; Open Water View Vehicle Storage: Garage; Attached; Covered Parking; Guest Parking; Off Street Parking Furnished: Furnished Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Construction: CBS; Combo Construction Floor: Tile Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Tennis Courts Land Size: More than 1 Lot Terms: Cash; Conventional Title: Negotiable
Listing Office: Lokation Real Estate
Last Updated: December - 16 - 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.