591 8Th Street, Key Colony, FL 33051

$885,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,456 Lot Size (sq. ft.): 4,125 Status: Closed
Current Price: $885,000 List Date: 4/14/2023 Last Modified: 9/24/2025

Description

PRICED TO SELL WITH AN ASSUMABLE FLOOD INSURANCE PREMIUM OF ONLY $1,119!!! This is your ideal island getaway, fish camp or vacation rental investment property. Currently operating as an active vacation rental with a Cabana Club membership, this unit offers 3 bedrooms, 2 full baths, a bonus living space to utilize as you see fit, an updated kitchen with granite counters & breakfast bar, as well as a 37.5-foot step-down composite dock, fish cleaning station and ice machine. The open ocean or gulf is only a 5-minute boat ride away. The open kitchen and living area overlooks the canal with large impact sliders leading out the patio area which is perfect for outdoor entertaining or grilling up your fresh catch of the day. The master suite includes a private access with an updated bathroom and sliding barn doors. Situated in Key Colony Beach where a myriad of activities and amenities await, all within walking distance: full-service marina, restaurants, park, post office, golf, tennis, basketball, bocce ball, pickle ball or horseshoe.

More Information MLS# 604938

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Species List: Yes Current Price: $885,000 Listing Date: 2023-04-13 Sold Price: $885,000

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 #: 8917155 Zoning: R-2A - Key Colony Two Family Deed Restrictions: Unknown Taxes: 6876 Tax Year: 2022 Pub Sewer HkUp: Yes Street #: 591 Street Name: 8Th Street Suffix: Street Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Key Colony Bch 1st Addn Amd Plat (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: 4125 Pool: No Total Units: 0 Acres: 0.09 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Half Duplex Year Built: 1974 Living Apx SqFt: 1456 Total Bedrooms: 3 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: PRICED TO SELL WITH AN ASSUMABLE FLOOD INSURANCE PREMIUM OF ONLY $1,119!!! This is your ideal island getaway, fish camp or vacation rental investment property. Currently operating as an active vacation rental with a Cabana Club membership, this unit offers 3 bedrooms, 2 full baths, a bonus living space to utilize as you see fit, an updated kitchen with granite counters & breakfast bar, as well as a 37.5-foot step-down composite dock, fish cleaning station and ice machine. The open ocean or gulf is only a 5-minute boat ride away. The open kitchen and living area overlooks the canal with large impact sliders leading out the patio area which is perfect for outdoor entertaining or grilling up your fresh catch of the day. The master suite includes a private access with an updated bathroom and sliding barn doors. Situated in Key Colony Beach where a myriad of activities and amenities await, all within walking distance: full-service marina, restaurants, park, post office, golf, tennis, basketball, bocce ball, pickle ball or horseshoe.

Association Info

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

Fee Includes

None: 1

Dockage

Dock Length: 37 Dock: Composite Seawall: Concrete

Tax Exemptions

None: 1

Appliances

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

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Tile: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Tennis Courts: 1

Interior Features

Granite Counter Top: 1 Smoke Alarms: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Yes Ground Level: 1

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

RV Parking Open: 1 Off Street Parking: 1 Trailer Storage: 1

Security

Patrolled Area: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

No Seller Finance: 1

Utilities

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

Porch/Balcony

Patio: 1

Title

Title Ins - Buyer: 1

Pre-Wired

Cable: 1

Roof

Tar/Gravel Roof: 1

Status Change Info

Sold Date: 2023-07-31 Sold Price: $885,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Off Street Parking; RV Parking Open; Trailer Storage Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; Community Swr Plant; FKAA Interior Features: Granite Counter Top; Smoke Alarms Pre-Wired: Cable Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Construction: CBS Floor: Tile Roof: Tar/Gravel Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Tennis Courts Security: Patrolled Area Land Size: Less Than 1/4 Acre Terms: No Seller Finance Title: Title Ins - Buyer
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 24 - 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.