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.
For sale
Price cut: $22K (12/10)
$515,000
251 2nd St, Key Colony Beach, FL 33051
2beds
750sqft
Est.:
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
- 84 days |
- 333 |
- 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#: 616639
Originating 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
Estimated market value
$496,200
$471,000 - $521,000
$2,588/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Price change | $515,000-4.1%$687/sqft |
Source: | ||
| 11/2/2025 | Price change | $537,000-2.4%$716/sqft |
Source: | ||
| 10/24/2025 | Price change | $550,000+4.8%$733/sqft |
Source: | ||
| 10/14/2025 | Price change | $525,000-4.5%$700/sqft |
Source: | ||
| 10/10/2025 | Price change | $550,000-4.3%$733/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
$2,991/mo
Principal & interest
$2459
Property taxes
$352
Home insurance
$180
Climate risks
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 4/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 5.1 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 4.2 mi
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