571 8th Street, Key Colony, FL 33051
$1,900,000
Property Type:
Residential
Bedrooms:
5
Baths:
4
Square Footage:
2,333
Lot Size (sq. ft.):
8,250
Status:
Closed
Current Price:
$1,900,000
List Date:
8/25/2025
Last Modified:
1/16/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 616263
Location, Tax & Legal
- Street #
- 571
- Street Name
- 8th
- Street Suffix
- Street
- Key/Island
- Key Colony
- State/Province
- FL
- Zip Code
- 33051
- County
- Monroe
- Subdivision
- Key Colony Bch 1st Addn Amd Plat (53.5)
- Area
- 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
- City
- KEY COLONY
- Off Shore Island
- No
- Mile Marker
- 53.5
- Marathon Neighborhood
- Marathon East - Gulf (Airport to Vaca)
- Side
- Ocean
- Flood Zone
- AE
- Alternate Key #
- 1080489
- Parcel #
- 00075020-000000
- Zoning
- R-2A - Key Colony Two Family
- Deed Restrictions
- No
- Legal
- BK 9 LT 24 KEY COLONY BEACH FIRST ADDN AMD PLAT PB4-11 SHELTER KEY OR531-482 OR936-699D/C/AFF OR1224-991 OR1280-979M/T O
- Taxes
- 12690.62
- Tax Year
- 2024
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Marathon/Lower Keys
- Species List
- No
General Property Description
- Realtor.COM Type
- Multi-family
- Style
- Duplex
- Waterfront
- Yes
- Control Depth
- 4
- Pool
- Yes
- Year Built
- 1970
- Lot SqFt
- 8250
- Lot Sqft Source
- Property Data Card
- Acres
- 0.19
- Living Apx SqFt
- 2333
- SqFt Source
- Property Data Card
- Total Bedrooms
- 5
- Full Baths
- 4
- Total Baths
- 4
- Rentals Allowed
- With Restrictions
- Min Rental Days
- 7
- Total Units
- 0
Status Change Info
- Sold Date
- 2026-01-16
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 0
Dockage
- Dock Length
- 75
- Dock
- Concrete
- Seawall
- Concrete
- Boat Lift
- Yes
- Davits
- Yes
More Information
Building Style
- Above Flood
- Unknown
- Stories
- 2 Stories
Pool Info
- Heated
- Yes
- In Ground
- Yes
Remarks & Misc
- Remarks – Consumer
- 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.
- Directions
- Turn off US 1 onto the Key Colony Beach Causeway. Turn right on Ocean Drive. Turn right on 8th Street. The property is three-fourths of the way down on the left.
Fee Includes
- None
- Yes
Tax Exemptions
- None
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Freezer
- Yes
- Microwave
- Yes
- Oven
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
Heating
- Forced Air
- Yes
Waterfront
- Canal Front
- Yes
Waterview
- Canal View
- Yes
Property Condition
- Updated/Remodeled
- Yes
Windows/Doors
- Impact Rstnce Doors
- Yes
- Impact Rstnce Window
- Yes
Vehicle Storage
- Garage
- Yes
- Guest Parking
- Yes
- Open Parking
- Yes
- RV Parking Open
- Yes
- Detached
- Yes
- Off Street Parking
- Yes
- Trailer Storage
- Yes
Construction
- CBS
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Negotiable
- Yes
Utilities
- Buyer to Verify
- Yes
Porch/Balcony
- Deck
- Yes
- Open Porch/Balcony
- Yes
- Screened Patio
- Yes
Exterior Features
- Chickee Hut
- Yes
- Fencing
- Yes
- Lighting
- Yes
- Outdoor Shower
- Yes
Property Features
Fee Includes:
None
Tax Exemptions:
None
Waterfront:
Canal Front
Waterview:
Canal View
Dockage:
Boat Lift; Davits
Property Condition:
Updated/Remodeled
Vehicle Storage:
Garage; Detached; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage
Furnished:
Negotiable
Cooling:
Ceiling Fans(s); Central Air
Heating:
Forced Air
Utilities:
Buyer to Verify
Appliances:
Dishwasher; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer
Exterior Features:
Chickee Hut; Fencing; Lighting; Outdoor Shower
Pool Info:
In Ground
Construction:
CBS
Pets:
Pets Allowed
Land Size:
Less Than 1/4 Acre
Listing Office:
Ocean Sotheby's International Relaty
Last Updated: January - 16 - 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.
