520 4th Street, Key Colony, FL 33051 (MLS# 588907)

520 4th Street, Key Colony, FL 33051

$524,000

Virtual Tour

https://view.paradym.com/idx/4441461

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 885 Lot Size (sq. ft.): 3,300 Status: Closed

Current Price: $524,000 List Date: 12/31/2019 Last Modified: 12/02/2025

Description

Successful vacation rental all set up and Generating Income. Open water views to Bonefish bay from your 30 feet concrete seawall with step down dock, Fisherman will love this as it's a quick out to open water. All new impact windows. 24 weeks booked for 2020 and still booking, not to mention the many 2019 bookings, Rental income available for serious inquiries only, this duplex is unique in the fact that it can be rented each side separately however there is also 2 shared doorways if you want to rent whole unit. Unit comes fully furnished and grossed over 25k for 2019 and over 38k for 2020 already booked. Great views of Bonefish Bay, screened in porch on northside for privacy, Master Bedroom and bathroom both have additional private / exterior entrances.

More Information MLS# 588907

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $524,000 Listing Date: 2019-12-31 Sold Price: $524,000

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: AE7 Alternate Key #: 1076953 Zoning: R-2A - Key Colony Two Family Deed Restrictions: Unknown Legal: TBD Taxes: 3078.86 Tax Year: 2019 Pub Sewer HkUp: Yes Street #: 520 Street Name: 4th 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: 4 Lot SqFt: 3300 Pool: No SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Half Duplex Year Built: 1967 Living Apx SqFt: 885 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Successful vacation rental all set up and Generating Income. Open water views to Bonefish bay from your 30 feet concrete seawall with step down dock, Fisherman will love this as it's a quick out to open water. All new impact windows. 24 weeks booked for 2020 and still booking, not to mention the many 2019 bookings, Rental income available for serious inquiries only, this duplex is unique in the fact that it can be rented each side separately however there is also 2 shared doorways if you want to rent whole unit. Unit comes fully furnished and grossed over 25k for 2019 and over 38k for 2020 already booked. Great views of Bonefish Bay, screened in porch on northside for privacy, Master Bedroom and bathroom both have additional private / exterior entrances. Directions: from us1 take sadowski causeway all the way down and take the curve left, take left on 4th st and it's 2nd to last unit on right with sign in yard!

Association Info

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

Fee Includes

None: 1

Dockage

Dock Length: 30 Dock: Wood Seawall: Concrete

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Oven: 1 Range: 1 Refrigerator: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1 Lake View: 1

Floor

Tile: 1

Building Style

Above Flood: No Ground Level: 1

Windows/Doors

Impact Rstnce Window: 1 Single Hung Windows: 1 Sliding Glass Doors: 1

Vehicle Storage

Car(s): 3 Trailer Storage: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Utilities

Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Screened Patio: 1

Title

Title Ins - Buyer: 1

Roof

Other Roof: 1

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Shutters

Other: 1

Status Change Info

Sold Date: 2020-04-30 Sold Price: $524,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View; Lake View Building Style: Ground Level Vehicle Storage: Trailer Storage Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Elect Separate Meter; FKAA; Municipal Sewer Appliances: Dishwasher; Oven; Range; Refrigerator Construction: CBS Shutters: Other Floor: Tile Roof: Other Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: December - 02 - 2025

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