571 8th ST, Key Colony, FL 33051
571 8th ST, Key Colony, FL 33051
571 8th ST, Key Colony, FL 33051
571 8th ST, Key Colony, FL 33051
571 8th ST, Key Colony, FL 33051
571 8th ST, Key Colony, FL 33051
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Listed by Erin Lynne Voelliger Ocean Sotheby's International Realty

$1,900,000

$1,995,000

4.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

4 Baths

2,333 SqFt


SOLD DATE : 01/16/2026

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,333 sqft

Price per Sqft $814

Subdivision Key Colony Bch 1St Addn Amd Plat (53.5)

MLS Listing ID 616263

Sold Date 01/16/26

Style Above Flood

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1970

Annual Tax Amount $12,690

Tax Year 2024

Lot Size 8,250 Sqft

Acres 0.19

Property Sub-Type Duplex

Land Area 2333

Property Description

Embrace the laid back charm of the Florida Keys with this beautifully renovated full duplex in the highly sought after community of Key Colony Beach. This turnkey property features five bedrooms, four bathrooms, and is licensed for 7-night weekly rentals, making it ideal for both personal use and income generation. Fully updated from top to bottom, each unit boasts modern kitchens with new appliances, renovated bathrooms, impact-rated windows and doors, stylish finishes, in-unit laundry, and separate electric meters. The upstairs unit features two bedrooms and two bathrooms, accompanied by a covered porch that offers scenic views of the water. The downstairs unit, on the other hand, boasts three bedrooms and two bathrooms, along with a screened-in patio perfect for relaxing outdoors. Outside, enjoy 75 feet of waterfront with a concrete seawall, davits, a fish cleaning station, and direct ocean and bay access via nearby Vaca Cut. The expansive lot features a private salt water pool with a newly installed heater/chiller, outdoor shower, tiki hut, spacious outdoor gathering area, fenced yard, one-car garage, and ample parking for vehicles, trailers, or even an RV. Just steps from biking/walking paths, Sunset Park, tennis and pickleball courts, a golf course, and popular restaurants, this exceptional property offers versatile potential. Live in one unit and rent out the other, co-own with family or friends, or capitalize on the vacation rental investment potential. Don't miss this true Keys gem in one of the most desirable locations in the Middle Keys.

Location

State FL

County Monroe

Area 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

Zoning R-2A - Key Colony Two Family

Direction Turn off US 1 onto the Key Colony Beach Causeway. Turn right on Ocean Drive. Turn right on 8th Street. The property is three-fourths of the way down on the left.

Interior

Heating Forced Air

Cooling Central Air, Ceiling Fans(s)

Furnishings Negotiable

Window Features Impact Rstnce Doors,Impact Rstnce Window

Appliance Freezer, Dryer, Washer, Dishwasher, Microwave, Oven, Refrigerator

Exterior

Exterior Feature Fencing, Chickee Hut, Lighting, Outdoor Shower

Parking Features Open, Guest, Off Street, Detached

Pool Heated, In Ground

Utilities Available Buyer To Verify

Waterfront Description Canal Front

Porch Screened Patio, Open Porch/Balcony, Deck

Garage No

Building

Architectural Style Above Flood

New Construction No

Others

HOA Fee Include None

Tax ID 00075020-000000

Pets Allowed Yes

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