3,234 Sq. Ft.
$642 / Sq. Ft.
3,234
Sq. Ft.
$642
per Sq. Ft.

Description

Spacious and sophisticated waterfront home situated on a wide canal with desirable eastern exposure, offering serene views of the in-ground pool and 100-foot-wide canal. Designed for both entertaining and everyday comfort, the home features a covered patio on the lower level and a generous wooden deck on the upper level, connected by elegant spiral stairs leading to a dedicated entertainment area below. The newly updated upstairs kitchen is bright, modern, and exceptionally spacious, anchoring the...Spacious and sophisticated waterfront home situated on a wide canal with desirable eastern exposure, offering serene views of the in-ground pool and 100-foot-wide canal. Designed for both entertaining and everyday comfort, the home features a covered patio on the lower level and a generous wooden deck on the upper level, connected by elegant spiral stairs leading to a dedicated entertainment area below. The newly updated upstairs kitchen is bright, modern, and exceptionally spacious, anchoring the upper-level living space. This five-bedroom, three-bathroom residence is thoughtfully laid out with two bedrooms and two bathrooms upstairs, and three bedrooms with one bathroom downstairs--ideal for extended family, guests, or rental flexibility. A circular paver driveway provides ample parking, while separate living areas on each floor enhance privacy and functionality. The Corian kitchen, expansive layout, and waterfront lifestyle make this property suitable as a large family home, corporate retreat, or high-performing vacation rental. Complete with a private boat lift and quick access to the Atlantic Ocean, this home delivers the full waterfront experience--whether as a permanent residence or an income-generating investment.
  1. Listed by Baris Leyla • Coastal Collection Real Estate Inc.

Property Details for 320 5th Street

Waterfront
Canal Front
Waterfront
Yes
Zoning
COZ - Key Colony County Zoning
Subdivision
Key Colony Beach (53.5)
Building Style
A-Frame
Vehicle Storage
Assigned Parking, Open Parking
Pets
Pets Allowed
LISTING UPDATED: 02/21/2026 08:32 AM

Property Details for 320 5th Street

StatusActive
MLS #618755
Days on Market35
Taxes$13,150 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1971
Lot Size0.15 AC / 6,600 SF
CountyMonroe County

Location

Listing Courtesy of Coastal Collection Real Estate Inc.
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Building Information for 320 5th Street

Stories2Year Built1971Building Size-Lot Size0.15 AC / 6,600 SF

Payment Calculator

$11,166 per month

30 year fixed, 6.11% Interest

Principal and Interest

$10,070

Property Taxes

$1,096

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 320 5th Street

Summary
Location and General Information
  • Waterview: Canal View
  • Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
  • Absolute Longitude: 81.016775
  • Control Depth: 4
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Ocean
  • Mile Marker: 53.5
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Accessibility Feat: Parking
  • Neighborhood Feature: Fire Hydrant, Bike Paths
  • 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: Negotiable
  • Tax Year: 2025
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: 60 X 110
  • Acres: 0.15
  • Parcel #: 00073480-000000
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: BK 4 LT 36 KEY COLONY BEACH PB3-120 SHELTER KEY OR114-314 OR380-643 OR533-977 OR533-1086 OR833-612 OR840-358 OR930-1286
  • MLS Approved: Y
  • Bank Owned: No
  • SqFt Source: Tax Records
  • Flood Zone: AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 53
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Security: Patrolled Area
  • Title: Negotiable
Utilities
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: In Ground
  • Porch/Balcony: Open Porch/Balcony, Deck
Interior and Exterior Features
Interior Features
  • Floor: Tile, Wood
  • Interior Features: Entrance Foyer, Built-in Cabinets, Other, Walk-in Closet(s), Storage, Smoke Alarms
  • Appliances: Dishwasher, Microwave, Oven
Exterior Features
  • Roof: Metal Roof
  • Shutters: Accordion
  • Dockage: Dock Length: 60
  • Dockage: Seawall: Concrete
  • Construction: Frame, Combo Construction
  • Dockage: Boat Lift
  • Exterior Features: Privacy Wall/Fence, Storage
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
Room Information
  • Specialty Rooms: Laundry Room, Workshop

Property History for 320 5th Street

DateEvent & SourcePriceAppreciation
Feb 21, 2026

Listed (Active)

FKMLS #618755

$2,075,000
Oct 26, 2025

Temp Off Market

FKMLS #613928

Feb 28, 2025

Price Change

FKMLS #613928

$2,275,000
Feb 28, 2025

Listed (Active)

FKMLS #613928

$1,999,000
Sep 6, 2024

Sold (Public Record)

Public Record #1540454413

$1,875,000

+23.9% / yr

Jul 9, 2023

Expired

FKMLS #602711

Apr 20, 2023

Temp Off Market

FKMLS #602711

Oct 9, 2022

Price Change

FKMLS #602711

$2,400,000
Oct 9, 2022

Price Change

FKMLS #602711

$2,300,000
Oct 9, 2022

Listed (Active)

FKMLS #602711

$2,099,999
Nov 16, 2018

Sold

FKMLS #579592

$540,000
Nov 12, 2018

Sold (Public Record)

Public Record #636471142

$540,000

-3.6% / yr

Apr 16, 2018

Pending

FKMLS #579592

Apr 5, 2018

Listed (Active)

FKMLS #579592

$539,900
Jul 22, 2015

Temp Off Market

FKMLS #564919

Jul 26, 2014

Listed (Active)

FKMLS #564919

$725,000
Mar 18, 2004

Sold (Public Record)

Public Record #133142364

$920,000
Feb 24, 2004

Sold

FKMLS #516036

$920,000
Jan 16, 2004

Pending

FKMLS #516036

Apr 7, 2003

Listed (Active)

FKMLS #516036

$925,000
DateEvent & SourcePrice
02/21/2026

Listed (Active)

FKMLS #618755

$2,075,000
10/26/2025

Temp Off Market

FKMLS #613928

02/28/2025

Price Change

FKMLS #613928

$2,275,000
02/28/2025

Listed (Active)

FKMLS #613928

$1,999,000
09/06/2024

Sold (Public Record)

Public Record #1540454413

$1,875,000

+23.9% / yr

07/09/2023

Expired

FKMLS #602711

04/20/2023

Temp Off Market

FKMLS #602711

10/09/2022

Price Change

FKMLS #602711

$2,400,000
10/09/2022

Price Change

FKMLS #602711

$2,300,000
10/09/2022

Listed (Active)

FKMLS #602711

$2,099,999
11/16/2018

Sold

FKMLS #579592

$540,000
11/12/2018

Sold (Public Record)

Public Record #636471142

$540,000

-3.6% / yr

04/16/2018

Pending

FKMLS #579592

04/05/2018

Listed (Active)

FKMLS #579592

$539,900
07/22/2015

Temp Off Market

FKMLS #564919

07/26/2014

Listed (Active)

FKMLS #564919

$725,000
03/18/2004

Sold (Public Record)

Public Record #133142364

$920,000
02/24/2004

Sold

FKMLS #516036

$920,000
01/16/2004

Pending

FKMLS #516036

04/07/2003

Listed (Active)

FKMLS #516036

$925,000

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

Public Records for 320 5th Street

Taxable ValueLand$737,880Additions$619,685Total$1,357,565
Tax Record2024$14,026 ($1,169 / month)
Home Facts
Beds4Baths3Total Finished SqFt3,234 SqFtAbove Grade Finished SqFt3,234 SqFtStories2Lot Size6,600 SqFtStyleSingle Family ResidenceYear Built1971Year Renovated2015CountyMONROEAPN00073480-000000Fireplace TypeHas Fireplace

Schools near 320 5th 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.

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320 5th Street is a single family home for sale in Key Colony Beach, FL 33051. This property was listed for sale on February 21, 2026 by Coastal Collection Real Estate Inc., it's currently listed at $2,075,000. It has been on the market for a total of 35 days and was last sold on September 6, 2024. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Coral Shores High School. 320 5th Street is a 5-bed, 3-bath, 3,234 sqft single family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 Coastal Collection Real Estate Inc.

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.