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Sold for $1,900,000
  • $1,900,000

    571 8th St, Key Colony Beach, FL 33051

    5beds
    2,333sqft
    Duplex, Multi Family
    Built in 1970
    -- sqft lot
    $1,885,400 Zestimate®
    $814/sqft
    $4,077 Estimated rent

    Home value

    $1,885,400

    $1.70M - $2.09M

    $4,077/mo

    Zestimate® history
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    $11,648/mo

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    $11,648/mo

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    What's special

    Embrace the laid back charm of the Florida Keys with this beautifully renovated full duplex in the highly sought after community of Key Colony Beach. This turnkey property features five bedrooms, four bathrooms, and is licensed for 7-night weekly rentals, making it ideal for both personal use and income generation. Fully updated from top to bottom, each unit boasts modern kitchens with new appliances, renovated bathrooms, impact-rated windows and doors, stylish finishes, in-unit laundry, and separate electric meters. The upstairs unit features two bedrooms and two bathrooms, accompanied by a covered porch that offers scenic views of the water. The downstairs unit, on the other hand, boasts three bedrooms and two bathrooms, along with a screened-in patio perfect for relaxing outdoors. Outside, enjoy 75 feet of waterfront with a concrete seawall, davits, a fish cleaning station, and direct ocean and bay access via nearby Vaca Cut. The expansive lot features a private salt water pool with a newly installed heater/chiller, outdoor shower, tiki hut, spacious outdoor gathering area, fenced yard, one-car garage, and ample parking for vehicles, trailers, or even an RV. Just steps from biking/walking paths, Sunset Park, tennis and pickleball courts, a golf course, and popular restaurants, this exceptional property offers versatile potential. Live in one unit and rent out the other, co-own with family or friends, or capitalize on the vacation rental investment potential. Don't miss this true Keys gem in one of the most desirable locations in the Middle Keys.

    Zillow last checked: 7 hours ago

    Listing updated: January 16, 2026 at 09:12am

    Listed by:

    Erin Lynne Voelliger 305-942-1995,

    Ocean Sotheby's International

    Bought with:

    Carolyn C Ambler, 3074981

    American Caribbean Real Estate, Christie's International Real Estate

    Source: FLKMLS,MLS#: 616263MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
    Features
    • Doors: Impact Rstnce Doors
    • Windows: Impact Rstnce Window
    Interior area
    • Total interior livable area: 2,333 sqft

    Property

    Parking
    • Parking features: Garage, RV Parking Open, Trailer Storage, Off Street, Guest, Open, Detached
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Open Porch/Balcony, Deck, Screened Patio
    • Exterior features: Outdoor Shower, Lighting
    • Has private pool: Yes
    • Pool features: Heated, In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 75, Dockage: Davits, Boat Lift
    Lot
    • Size: 8,276 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Additional structures: Chickee Hut
    • Parcel number: 00075020000000
    • Zoning: R-2A
    • Zoning description: Key Colony Two Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Buyer to Verify

    Community & neighborhood

    Location
    • Region: Key Colony Beach
    • Subdivision: Key Colony Bch 1st Addn Amd Plat (53.5)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    1/16/2026Sold$1,900,000-4.8%$814/sqft
    Source: FLKMLS #616263 Report a problem
    12/18/2025Pending sale$1,995,000$855/sqft
    Source: FLKMLS #616263 Report a problem
    12/8/2025Price change$1,995,000-2.7%$855/sqft
    Source: MLKAR #616263 Report a problem
    10/28/2025Price change$2,050,000-2.4%$879/sqft
    Source: FLKMLS #616263 Report a problem
    8/25/2025Listed for sale$2,100,000+7.7%$900/sqft
    Source: FLKMLS #616263 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,122 +42.7%$1,609,168 +60.7%
    2023$11,301 +10.2%$1,001,609 +10%
    2022$10,257 +9.4%$910,554 +10%

    Find assessor info on the county website

    Neighborhood: 33051

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,885,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,885,400