Skip To Content

571 8th Street

Key Colony, FL 33051
  • $1,900,000
  • STATUS: Closed
  • ON SITE: 408 Days
  • MLS #: 616263
Sold - 01/16/2026
$1,900,000
SOLD - 01/16/2026
  • 5
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,333
    SQFT
  • $0
    $/SQFT
Type:
Single-Family Home
Built:
1970
County:

School Ratings & Info

Description

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.

Monthly Payment Calculator



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/167302698
Print Image

571 8th Street Key Colony, FL 33051

  • Price: $1,995,000
  • Status: Closed
  • On Site: 408 Days
  • Updated: 32 min ago
  • MLS #: 616263
5
Beds
4
Baths
0
½ Baths
0.19
Acres
2,333
SQFT
$0
$/SQFT
1970
Built
Neighborhood:
Key Colony Bch 1st Addn Amd Plat (53.5)
County:
Monroe
Area:
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Property Description
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.
Exterior Features

Architectural Style [] Attached Garage YN No Building Stories 2 Stories Construction Materials CBS Dock Concrete Dock Length 75 Dockage DavitsBoat Lift Exterior Features Chickee HutFencingLightingOutdoor Shower Garage YN Yes Parking Features OpenRV Access/ParkingStorage Patio And Porch Features Open Porch/BalconyDeckScreened Patio Pool Features In Ground Pool Heated Yes Pool Private YN Yes Vehicle Storage GarageDetachedOpen ParkingGuest ParkingOff Street ParkingRV Parking OpenTrailer Storage View [] Waterview Canal View Window Features [] Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Interior Features

Accessibility Features [] Appliances WasherDryerDishwasherRefrigeratorOvenMicrowaveFreezer Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring [] Furnished Unfurnished Heating Forced Air Heating YN True Interior Features [] Laundry Features [] Levels [] Rooms Total 0

Property Features

Above Flood Unknown Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Building Features [] Community Features [] Control Depth 4 Deed Restricts No Electric [] Flood Zone AE Frontage Type [] Green Energy Generation [] Green Water Conservation [] Land Size Less Than 1/4 Acre Listing Terms [] Marathon Nbhd Marathon East - Gulf (Airport to Vaca) Mile Marker 53.5 Min Rental Days 7 New Construction YN No Off Shore Island YN No Other Equipment [] Other Structures [] Pets Allowed Yes Property Condition Updated/Remodeled Property Sub Type Duplex Public Sewer Hookup Yes Rental Allowed With Restrictions Seawall Concrete Security Features [] Special Licenses [] Tax Annual Amount 12690.62 Tax Legal Description 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 Tax Year 2024 Utilities [] Utilities Info Buyer to Verify Water Source [] Waterfrnt Yes Waterfront Canal Front Waterfront Features [] Waterfront YN Yes Zoning R-2A - Key Colony Two Family

Listing courtesy of Erin Voelliger of Ocean Sotheby's International: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_616263-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_616263-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_616263-2.jpg
Logo
Keys Home Network
333 Fleming Street
Key West FL, 33040