Turnkey Raised Duplex in Key Colony Beach - Strong Rental Income or Ideal Family Vacation PropertyFully furnished 2BR/2BA (per side) duplex located in the desirable Key Colony Beach community. The property is currently operating as a successful short-term rental and generated $171,477 in Airbnb revenue over the last 12 months, plus the vacation rental license was recently renewed so inspection should be easy, allowing a new owner to continue renting quickly.For buyers looking for a personal getaway, the layout is also ideal as a family vacation property, offering two separate living spaces that allow families or groups to stay close together while still having privacy.New owners can immediately obtain Cabana Club membership, which provides private beach access, pool, and hot tub, and is a major driver for vacation rental bookings in the area. The property is also walkable to restaurants and ocean-view bars.The duplex was fully remodeled in 2021, including new plumbing, flooring, AC system, and interior and exterior paint. Additional updates through 2024-2026 include impact windows and doors, updated ductwork, roof improvements, new drywall in one unit, new washer and dryer, grills, and water heaters, making the property well-maintained and move-in or rental ready.A large outdoor seating area and yard provide space for guests or family to gather, making it especially attractive for groups renting or using both sides of the duplex.Fully furnished and turnkey for immediate use or continued rental income.
For sale
$1,650,000
280/290 3rd St, Key Colony Beach, FL 33051
4beds
1,536sqft
Est.:
Duplex, Multi Family
Built in 1988
-- sqft lot
$-- Zestimate®
$1,074/sqft
$-- HOA
What's special
- 2 days |
- 2,595 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 08:18am
Listed by:
Dalton Robinson 301-751-7231,
Birch Haven Real Estate
Source: FLKMLS,MLS#: 619093
Originating MLS: Florida Keys
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Water Softener, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Built-in Cabinets
- Flooring: Laminate
- Windows: Other Windows/Doors, Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 1,536 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Trailer Storage, Covered, Off Street, Guest, Attached
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Rain Gutters, Storage, Lighting
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 6,534 Square Feet
- Dimensions: .15 acers
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00072600000000
- Zoning: R-2B
- Zoning description: Key Colony Two Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Concrete, Stucco
- Roof: Metal
Condition
- Year built: 1988
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Cable Available
Community & HOA
Community
- Features: Pool, Spa, Beach, Tennis Court(s), Community Boat Ramp
- Security: Smoke Detector(s)
- Subdivision: Key Colony Beach (53.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Colony Beach
Financial & listing details
- Price per square foot: $1,074/sqft
- Annual tax amount: $7,779
- Date on market: 3/16/2026
- Listing terms: Cash,VA Loan,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Listed for sale | $1,650,000$1,074/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$9,230/mo
Principal & interest
$8103
Property taxes
$1127
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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
Local experts in 33051
- Florida
- Monroe County
- Key Colony Beach
- 33051
- 280/290 3rd St
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