1,037 Sq. Ft.
$848 / Sq. Ft.
1,037
Sq. Ft.
$848
per Sq. Ft.

Description

Welcome to the gem of the Florida Keys--beautiful Key Colony Beach! This impeccably maintained half duplex offers the perfect blend of island charm, comfort, and investment potential. Boaters will appreciate the approximate 30 feet of dockage with a 10,000 pound Boat Lift and quick, easy access to the open ocean for world-class fishing, diving, and boating adventures. Built for peace of mind, the home features impact-resistant windows and doors along with a durable metal roof. Inside, you'll find...Welcome to the gem of the Florida Keys--beautiful Key Colony Beach! This impeccably maintained half duplex offers the perfect blend of island charm, comfort, and investment potential. Boaters will appreciate the approximate 30 feet of dockage with a 10,000 pound Boat Lift and quick, easy access to the open ocean for world-class fishing, diving, and boating adventures. Built for peace of mind, the home features impact-resistant windows and doors along with a durable metal roof. Inside, you'll find a bright and inviting open-concept floor plan designed for easy living and entertaining. The updated kitchen offers granite countertops, stainless steel appliances, and a convenient dining area. Spacious bedrooms feature double closets and generous storage, while the primary suite includes an ensuite bath with granite countertops and a large soaking tub/shower combination. Currently operating as a weekly vacation rental, this property is licensed for 7-night rentals. Whether you're searching for a personal Keys retreat, an income-producing investment, or both, this property checks all the boxes. Enjoy everything Key Colony Beach has to offer, from nearby waterfront dining and golf to beautiful beaches, parks, and endless water activities. Your Florida Keys escape--and investment opportunity--awaits!
  1. Listed by Alyson Renee Bainbridge • Coldwell Banker Schmitt Real Estate Co.
  2. Listed by Chase Foster • Coldwell Banker Schmitt Real Estate Co.

Property Details for 271 3rd Street

Waterfront
Canal Front
Waterfront
Yes
Zoning
R-2A - Key Colony Two Family
Subdivision
Key Colony Beach (53.5)
Directions
US-1 to Sadowski Causeway- follow curve around to E. Ocean Dr .Turn left on 3rd st. Property is about midway down on left.
Vehicle Storage
Open Parking, Off Street Parking
Pets
Pets Allowed
LISTING UPDATED: 06/23/2026 11:05 AM

Property Details for 271 3rd Street

StatusActive
MLS #620382
Days on Market1
Taxes$7,934 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeUnit Duplex
MLS TypeResidential / Half Duplex
Year Built1974
Lot Size0.09 AC / 4,042 SF
CountyMonroe County

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.
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Building Information for 271 3rd Street

Stories-Residences-Year Built1974Lot Size0.09 AC / 4,042 SF

Payment Calculator

$5,041 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,380

Property Taxes

$661

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 271 3rd Street

Summary
Location and General Information
  • Waterview: Canal View
  • Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
  • Absolute Longitude: 81.015044
  • Control Depth: 4
  • Off Shore Island: No
  • Listing Board: Marathon/Lower Keys
  • Side: Ocean
  • Mile Marker: 53.5
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Neighborhood Feature: Tennis Courts, Other Area Features, Fire Hydrant
  • Key/Island: Key Colony
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Furnished
  • Tax Year: 2025
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: X
  • Acres: 0.09
  • Parcel #: 00072750-000100
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: BK 3 NORTHERLY PORTION LT 9 KEY COLONY BEACH PB3-120 SHELTER KEY OR541-652 OR774-176 OR1340-1112 OR1340-1113/15 OR1980-9
  • MLS Approved: Y
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 36
  • Document Count: 0
  • Building Style: Above Flood: No
  • Security: Patrolled Area
  • Title: Title Ins - Buyer
Utilities
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: No
  • Porch/Balcony: Open Porch/Balcony, Deck
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Interior Features: Granite Counter Top, Storage, Smoke Alarms
  • Appliances: Washer, Microwave, Oven, Range, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Dockage: Dock: Wood
  • Dockage: Seawall: Concrete
  • Construction: CBS
  • Dockage: Boat Lift
  • Exterior Features: Fencing
  • Windows/Doors: Other Windows/Doors, Impact Rstnce Window

Property History for 271 3rd Street

DateEvent & SourcePriceAppreciation
Jun 23, 2026

Listed (Active)

FKMLS #620382

$879,000
Apr 26, 2021

Sold

FKMLS #595036

$650,000
Mar 8, 2021

Pending

FKMLS #595036

DateEvent & SourcePrice
06/23/2026

Listed (Active)

FKMLS #620382

$879,000
04/26/2021

Sold

FKMLS #595036

$650,000
03/08/2021

Pending

FKMLS #595036

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 271 3rd Street

Taxable ValueLand$525,460Additions$265,280Total$790,740
Tax Record2024$8,187 ($682 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,037 SqFtAbove Grade Finished SqFt1,037 SqFtStories1Lot Size4,042 SqFtStyleSingle Family ResidenceYear Built1974Year Renovated2014CountyMONROEAPN00072750-000100

Schools near 271 3rd Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Charter - PK to 5
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Coral Shores High School
Public9 to 12

Big Pine Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

271 3rd Street is for sale in Key Colony Beach, FL 33051. This property was listed for sale on June 23, 2026 by Coldwell Banker Schmitt Real Estate Co., it's currently listed at $879,000. It has been on the market for a total of 1 days and was last sold on April 26, 2021. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Coral Shores High School. 271 3rd Street is a 2-bed, 2-bath, 1,037 sqft built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.