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$1,295,000
315 E Ocean Drive
Key Colony, FL 33051
MLS# 620296
3 beds  |  3 baths  |  1500 sqft


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Open House (08/19/2026 - 12:00 pm - 1:30 pm)

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 seawall allowing up to 25 ft of dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof. 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: $1,295,000
Listing Date: 2026-06-16
List Price: $1,295,000
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 seawall allowing up to 25 ft of dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof. 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
None: 1
Dockage
Dock Length: 40
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Oven: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Open Water View: 1
Floor
Laminate: 1
Tile: 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
Building Style
Above Flood: Yes
Stories: 2 Stories
Windows/Doors
Impact Rstnce Window: 1
Sliding Glass Doors: 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
Negotiable: 1
Exterior Features
Privacy Wall/Fence: 1
Pool Info
In Ground: 1
Heated: Yes
Fiberglass: 1
Roof
Metal Roof: 1
Shutters
Accordion: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View; Open Water View
Property Condition: Updated/Remodeled
Furnished: Negotiable
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; FKAA
Interior Features: Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Storage
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Dryer; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Privacy Wall/Fence
Pool Info: In Ground; Fiberglass
Construction: CBS
Shutters: Accordion
Floor: Laminate; Tile
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Bike Paths; Clubhouse; Tennis Courts
Land Size: Less Than 1/4 Acre
Title: Negotiable

Listing Office: Key Colony Beach Realty

Last Updated: August - 15 - 2026

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