Waterfront Short-Term Rental
For Sale
$1,295,000
315 E Ocean Drive, Key Colony Beach, FL 33051
Residential, Key Colony, FL
Property Size1,500 SF
Lot Size0.08 Acres
Price / SF$863.33
Days on Market80
Property Features for 315 E Ocean Drive
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R-2A - Key Colony Two Fam
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 2, Bathroom 1
Patio and Porch features
Porch
Pets allowed
Yes
Pool private
1
Interior features
Storage, Quartz Countertops
Exterior features
Privacy Wall/Fence
Fencing
Privacy
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Oven, Stainless Steel Appliance(s)
Subdivision
Key Colony Beach (53.5)
View
Water
Standard status
Active
APN
00072670-000200
Size
1,500 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BK 3 THE W'LY PORTION OF THE W'LY PORTION OF LOTS 1-2 KEY COLONY BEACH PB3-120 SHELTER KEY OR407-1045/46 OR816-295 OR816
Tax Annual Amount
8508
Legal Description
BK 3 THE W'LY PORTION OF THE W'LY PORTION OF LOTS 1-2 KEY COLONY BEACH PB3-120 SHELTER KEY OR407-1045/46 OR816-295 OR816
Utilities
Cooling system
Central Air
Water front
1
Amenities
private pool
private balconies
seawall
dockage
Building Details
Year built
2001
Flooring type
Laminate, Tile
Building materials
CBS
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Key Colony Beach Realty
(305) 289-0621
Listed By:
Cara Ann O'Neill · License #3631899
(305) 731-7887
Added: Jun 16
Changed: Sep 3
Last Checked: Sep 3 at 10:06AM
MLS# 620296
Copyright © 2026 Marathon and Lower Keys Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated 3BR/3BA half-duplex offers 1,500 square feet of coastal living space with three bedrooms, each paired with an en-suite bathroom and private balcony. Interior finishes include quartz countertops, tile and laminate flooring, central air, and stainless steel appliances. The property also includes washer, dryer, dishwasher, refrigerator, and oven. Solid CBS construction, impact windows, a metal roof, private fencing, and a private pool complete the improvements.
Waterfront features include 40 feet of seawall and the ability to accommodate up to 25 feet of dockage along a deep-water canal with fast ocean access. The property is located at 315 E Ocean Drive in Key Colony, Florida, near the Cabana Club. Zoning is R-2A - Key Colony Two Fam.
Waterfront features include 40 feet of seawall and the ability to accommodate up to 25 feet of dockage along a deep-water canal with fast ocean access. The property is located at 315 E Ocean Drive in Key Colony, Florida, near the Cabana Club. Zoning is R-2A - Key Colony Two Fam.
Key Highlights
- Renovated 3BR/3BA half‑duplex with 1,500 square feet of interior space
- 40 feet of seawall with up to 25 feet of dockage
- Private pool and waterfront position on a deep‑water canal
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Explore this area
Business Placement
Demographics for 33051, FL
790
Population
1,132
Households
0.7
Avg Household Size
63
Median Age
48%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
1,975
Density / Sq Mi
$94,531
Median Household Income
$38,860
Median Earnings
$1,849
Median Rent
$834,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Renovated waterfront half-duplex with private pool, dockage potential, and en-suite bedrooms.
Where is this short term rental property located?
The property is located at 315 E Ocean Drive Key Colony Beach, FL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Renovated 3BR/3BA half‑duplex with 1,500 square feet of interior space; 40 feet of seawall with up to 25 feet of dockage; Private pool and waterfront position on a deep‑water canal
