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$1,330,000
315 E Ocean Drive
Key Colony, FL 33051
MLS# 620296
3 beds  |  3 baths  |  1500 sqft


351 e ocean frontage
  1 / 14  
351 e ocean frontage SS Inside 4 SS Inside 3 SS Inside 30 351 e ocean bed 2 SS Inside 5 SS Inside 11 351 e ocean bath 351 e ocean garage 351 e ocean dock 351 e ocean pool SS Outside 2 IMG_1824.HEIC IMG_1825

Property Description
STUNNING KCB WATERFRONT DUPLEX! This beautifully renovated 3BR/3BA half-duplex is the perfect turnkey home or highly profitable weekly vacation rental. Features 1,500 sq. ft. of modern coastal living space, quartz finishes, and 3 spacious bedrooms--each with an en-suite bath and private balcony. Excellent outdoor setup includes a private pool and 40 feet of concrete dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof, and garage parking. Prime location steps from the Cabana Club, New photos will come when property does not have renters.

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
Potential Short Sale: No
Current Price: $1,330,000
Listing Date: 2026-06-16
List Price: $1,330,000
Location, Tax & Legal
City: KEY COLONY
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Flood Zone: AE
Alternate Key #: 8990268
Parcel #: 00072670-000200
Zoning: R-2A - Key Colony Two Family
Deed Restrictions: No
Legal: BK 3 THE W'LY PORTION OF THE W'LY PORTION OF LOTS 1-2 KEY COLONY BEACH PB3-120 SHELTER KEY OR407-1045/46 OR816-295 OR816
Taxes: 8507.88
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 315
Direction: E
Street Name: Ocean
Street Suffix: Drive
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: 5
Lot Size: X
Lot SqFt: 3305
Pool: Yes
Total Units: 0
Acres: 0.08
SqFt Source: Tax Records
Rentals Allowed: With Restrictions
Min Rental Days: 7
Style: Half Duplex
Year Built: 2001
Living Apx SqFt: 1500
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: STUNNING KCB WATERFRONT DUPLEX! This beautifully renovated 3BR/3BA half-duplex is the perfect turnkey home or highly profitable weekly vacation rental. Features 1,500 sq. ft. of modern coastal living space, quartz finishes, and 3 spacious bedrooms--each with an en-suite bath and private balcony. Excellent outdoor setup includes a private pool and 40 feet of concrete dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof, and garage parking. Prime location steps from the Cabana Club, New photos will come when property does not have renters.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
Cable: 1
Dockage
Dock Length: 40
Tax Exemptions
None: 1
Appliances
Stainless Steel Appliance(s): 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Open Water View: 1
Floor
Combo: 1
Neighborhood Feature
Beach: 1
Bike Paths: 1
Clubhouse: 1
Tennis Courts: 1
Interior Features
Drapes/Blinds Incl: 1
Quartz Countertops: 1
Smoke Alarms: 1
Storage: 1
Property Condition
Updated/Remodeled: 1
Specialty Rooms
Laundry Room: 1
Media Room: 1
Building Style
Above Flood: Yes
Stories: 2 Stories
Windows/Doors
Impact Rstnce Window: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 2
Garage: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Negotiable: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Title Ins - Buyer: 1
Exterior Features
Privacy Wall/Fence: 1
Pool Info
In Ground: 1
Roof
Metal Roof: 1
Financial Status
Auction: No
Potential Short Sale: No
Shutters
Panel: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Cable
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View; Open Water View
Property Condition: Updated/Remodeled
Vehicle Storage: Garage
Furnished: Negotiable
Cooling: Central Air
Utilities: Buyer to Verify; FKAA
Interior Features: Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Storage
Specialty Rooms: Laundry Room; Media Room
Appliances: Stainless Steel Appliance(s)
Exterior Features: Privacy Wall/Fence
Pool Info: In Ground
Construction: CBS
Shutters: Panel
Floor: Combo
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Bike Paths; Clubhouse; Tennis Courts
Land Size: Less Than 1/4 Acre
Title: Title Ins - Buyer

Listing Office: Key Colony Beach Realty

Last Updated: June - 16 - 2026

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.