65 Coral Lane
Key Colony, FL 33051
MLS# 621989
2 beds | 2 baths | 938 sqft
Property DescriptionWelcome to 65 Coral Lane in desirable Key Colony Beach, famously known as the ''Gem of the Florida Keys!'' This updated, ground-level half duplex offers canal-front living, vacation rental potential, and the laid-back Florida Keys lifestyle. Featuring a 20-foot dock with room for an 18-foot boat, a fish cleaning station, and beautiful sunset views from the patio, this property is perfect for enjoying life on the water. With easy boating access to both the Atlantic Ocean and Gulf of America, it's an ideal location for boating and fishing enthusiasts.
Inside you'll find a light, coastal-inspired design that creates a bright and inviting atmosphere. The updated interior features stainless steel appliances, a washer and dryer, a new mini-split system, two tankless water heaters, and a replaced sewer line from the home to the road. Additional benefits include separate electric and water meters from the adjoining duplex, offering added convenience and independence.
Currently operating as an active vacation rental and STR approved, this property offers an opportunity to enjoy as a personal Keys getaway, investment property, or both. Offered furnished and with a 7-day minimum rental requirement, it's ready for its next owner to enjoy or continue its rental operation.
Enjoy the many recreational amenities that make Key Colony Beach so special, including parks, playgrounds, bocce courts, pickleball courts, tennis courts, shuffleboard, and a 9-hole par-3 golf course. Conveniently located near local restaurants, shops, and Key Colony Beach marina, you'll enjoy easy access to everything that makes island living so desirable.
Whether you're looking for a waterfront retreat, a boating getaway, or an income-producing property, this is your opportunity to own a piece of paradise in the Gem of the Florida Keys!
Listing Board: Marathon/Lower Keys
Current Price: $700,000
Listing Date: 2026-11-09
List Price: $700,000
City: KEY COLONY
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Flood Zone: AE
Alternate Key #: 8713215
Parcel #: 00079090-000100
Zoning: R-2A - Key Colony Two Family
Deed Restrictions: No
Legal: N 1/2 LOT 17 KEY COLONY BCH-BOTEL SUBD PB4-82 CRAWL KEY OR1018-338 OR1247-1707 OR1460-1545 OR1689-236AFF OR1994-855 OR27
Taxes: 5449.86
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 65
Street Name: Coral
Street Suffix: Lane
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Key Colony Beach Botel (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 4
Lot Size: 20 X 72
Total Units: 0
Acres: 0.03
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 7
Style: Half Duplex
Year Built: 1961
Living Apx SqFt: 938
Total Bedrooms: 2
Full Baths: 2
Remarks – Consumer: Welcome to 65 Coral Lane in desirable Key Colony Beach, famously known as the ''Gem of the Florida Keys!'' This updated, ground-level half duplex offers canal-front living, vacation rental potential, and the laid-back Florida Keys lifestyle. Featuring a 20-foot dock with room for an 18-foot boat, a fish cleaning station, and beautiful sunset views from the patio, this property is perfect for enjoying life on the water. With easy boating access to both the Atlantic Ocean and Gulf of America, it's an ideal location for boating and fishing enthusiasts.
Inside you'll find a light, coastal-inspired design that creates a bright and inviting atmosphere. The updated interior features stainless steel appliances, a washer and dryer, a new mini-split system, two tankless water heaters, and a replaced sewer line from the home to the road. Additional benefits include separate electric and water meters from the adjoining duplex, offering added convenience and independence.
Currently operating as an active vacation rental and STR approved, this property offers an opportunity to enjoy as a personal Keys getaway, investment property, or both. Offered furnished and with a 7-day minimum rental requirement, it's ready for its next owner to enjoy or continue its rental operation.
Enjoy the many recreational amenities that make Key Colony Beach so special, including parks, playgrounds, bocce courts, pickleball courts, tennis courts, shuffleboard, and a 9-hole par-3 golf course. Conveniently located near local restaurants, shops, and Key Colony Beach marina, you'll enjoy easy access to everything that makes island living so desirable.
Whether you're looking for a waterfront retreat, a boating getaway, or an income-producing property, this is your opportunity to own a piece of paradise in the Gem of the Florida Keys!
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dock Length: 20
Dock: Wood
Stainless Steel Appliance(s): 1
Washer: 1
Ceiling Fans(s): 1
Wall/Window Unit(s): 1
Tennis Courts: 1
Other Area Features: 1
Drapes/Blinds Incl: 1
Granite Counter Top: 1
Above Flood: No
Ground Level: 1
Buyer to Verify: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Lighting: 1
Privacy Wall/Fence: 1
Property Condition: Updated/Remodeled
Building Style: Ground Level; Shotgun
Vehicle Storage: Off Street Parking; Open Parking
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Granite Counter Top; Pantry; Smoke Alarms
Appliances: Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Lighting; Privacy Wall/Fence
Neighborhood Feature: Beach; Bike Paths; Tennis Courts; Other Area Features
Land Size: Less Than 1/4 Acre
GF-Interior Features: Tankless Hot Wtr Htr
Listing Office: Engel & Völkers Marathon
Last Updated: November - 09 - 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.