Waterfront
Address
320 5th Street, Key Colony, FL
Price
$ 1,875,000
Property Attributes
  • MLS#618755
  • TypeSingle Family
  • Listing Status Active
  • CountyMONROE
  • CityKey Colony
  • AreaBoth Sides Holiday Inn-Key Colony
  • NeighborhoodKey Colony Beach
  • Zip33051
  • StyleA-Frame
  • Year Built1971
  • Taxes$ 13149
  • Price$ 1,875,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3234
  • Lot Size0.15 Acres
Data Source:
Florida Keys MLS (FLKMLS)
Property Description

Spacious and sophisticated waterfront home situated on a wide canal with desirable eastern exposure, offering serene views of the in-ground pool and 100-foot-wide canal. Designed for both entertaining and everyday comfort, the home features a covered patio on the lower level and a generous wooden deck on the upper level, connected by elegant spiral stairs leading to a dedicated entertainment area below.The newly updated upstairs kitchen is bright, modern, and exceptionally spacious, anchoring the upper-level living space. This five-bedroom, three-bathroom residence is thoughtfully laid out with two bedrooms and two bathrooms upstairs, and three bedrooms with one bathroom downstairs--ideal for extended family, guests, or rental flexibility.A circular paver driveway provides ample parking, while separate living areas on each floor enhance privacy and functionality. The Corian kitchen, expansive layout, and waterfront lifestyle make this property suitable as a large family home, corporate retreat, or high-performing vacation rental.Complete with a private boat lift and quick access to the Atlantic Ocean, this home delivers the full waterfront experience--whether as a permanent residence or an income-generating investment.

Price History
2/21/2026 Listed $2,075,000
5/9/2026 5$1,975,000
6/10/2026 6$1,875,000

General Features

Living Area 3234.00
Construction Frame,Combo Construction
Utilities FKAA,Cable Available,Buyer to Verify,Community Swr Plant
Roof Metal Roof
Appliances Dishwasher,Microwave,Oven
Flood Zone AE
Zoning COZ - Key Colony County Zoning
HOA Fee 0.00
Pets Allowed Y/N Pets Allowed
Status Active
Full Baths 3
Year Built 1971
Subdivision Key Colony Beach (53.5)
Style Single Family
View Canal View
Property Type A
Neighborhood Feature Fire Hydrant,Bike Paths
Fee Includes None
Acres 0.15
Lot Sqft 6600.00
Bank Owned No
Rental Allowed Yes
Accessibility Features Parking
Building Style: Above Flood Yes
Building Style: Stories 2 Stories
Control Depth 4
Dockage Boat Lift
Dockage: Dock Length 60
Dockage: Seawall Concrete
Min Rental Days 7.00

Interior Features

Interior Amenities Entrance Foyer,Built-in Cabinets,Other,Walk-in Closet(s),Storage,Smoke Alarms
Total Units 0.00
Furnished Y/N Negotiable
Flooring Tile,Wood
Specialty Rooms Laundry Room,Workshop

Exterior Features

Exterior Amenities Privacy Wall/Fence,Storage
Pool Yes
Waterfront Canal Front
Building Style A-Frame
Lot Size 60 X 110
Land Size Less Than 1/4 Acre
Pool Info In Ground
Porch/Balcony Open Porch/Balcony,Deck
Public Sewer Hookup Yes
Shutters Accordion
Side Ocean
Vehicle Storage Assigned Parking,Open Parking
Windows/Doors Single Hung Windows,Sliding Glass Doors
Off Shore Island No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33051

Price
AVG $2.18M
$1.88M
Taxes
AVG $10,577
$13,149
Year Built
AVG 1987
1971
Visits
AVG 86
158
Data Provided by Inside Real Estate®

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