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For sale
  • Price cut: $22K (12/10)
    $515,000

    251 2nd St, Key Colony Beach, FL 33051

    2beds
    750sqft
    : 
    Half Duplex, Residential - Condo/Townhouse
    Built in 1972
    3,300 Square Feet Lot
    $496,200 Zestimate®
    $687/sqft
    $-- HOA

    What's special

    Granite countertopsLush backyardTile floorsImpact-rated windows and doors
    A Piece of Paradise in Key Colony Beach!This charming 2-bedroom, 1-bath home is nestled in the heart of the Florida Keys, in the highly sought-after Key Colony Beach community. Inside, you'll find tile floors, granite countertops, and impact-rated windows and doors for peace of mind.Step outside to your lush backyard -- perfect for relaxing or entertaining guests. Enjoy exclusive access to the Cabana Club, complete with a beach, pool, and dining.Added bonus: this home boasts a strong rental history, making it not only an island retreat but also a smart investment opportunity.
    84 days
    |
    332
    |
    11
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 10, 2025 at 04:56am

    Listed by:

    Maria Acosta 305-322-1973,

    Keller Williams Capital Realty - Coral Gables

    Source: FLKMLS,MLS#: 616639MLS LogoOriginating MLS: Florida Keys

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Granite Counters
    • Flooring: Tile
    • Windows: Window Treatments, Impact Rstnce Window
    • Furnished: Yes
    Interior area
    • Total interior livable area: 750 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Fencing: Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 3,300 Square Feet
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00072380000100
    • Zoning: R-2A
    • Zoning description: Key Colony Two Family

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Half Duplex, Residential - Condo/Townhouse
    • Attached to another structure: Yes
    Materials
    • CBS
    • Roof: Tar/Gravel
    Condition
    • Year built: 1972

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA

    Community & HOA

    Community
    • Features: Tennis Court(s), Bike Paths, Other, Beach
    • Security: Patrolled Area
    • Subdivision: Key Colony Bch Yacht (53.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key Colony Beach

    Financial & listing details

    • Price per square foot: $687/sqft
    • Tax assessed value: $486,475
    • Annual tax amount: $5,045
    • Date on market: 9/28/2025
    • Listing terms: Cash,Conventional
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    Estimated market value

    $496,200

    $471,000 - $521,000

    $2,588/mo

    Price history

    Price history
    DateEventPrice
    12/10/2025Price change$515,000-4.1%$687/sqft
    Source: Key West AOR #616639 Report a problem
    11/2/2025Price change$537,000-2.4%$716/sqft
    Source: Key West AOR #616639 Report a problem
    10/24/2025Price change$550,000+4.8%$733/sqft
    Source: MIAMI #A11895846 Report a problem
    10/14/2025Price change$525,000-4.5%$700/sqft
    Source: MIAMI #A11895846 Report a problem
    10/10/2025Price change$550,000-4.3%$733/sqft
    Source: Key West AOR #616639 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$5,134 -2.3%$486,475 -0.3%
    2024$5,256 +4.1%$488,054 +3.7%
    2023$5,049 +50.8%$470,452 +61.3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,004/mo
    Principal & interest
    $2472
    Property taxes
    $352
    Home insurance
    $180

      Climate risks

      Neighborhood: 33051

      Nearby schools

      GreatSchools rating

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