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Half-Duplex with Dockage
For Sale
$789,000

341 3rd Street, Key Colony Beach, FL 33051

MULTI_FAMILY - Key Colony, FL

Property Size900 SF
Lot Size0.07 Acres
Price / SF$876.67
Days on Market56

Property Features for 341 3rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-1B - Key Colony Single
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
Pets allowed Yes
Interior features Built-in Cabinets, Granite Counter Top, Storage
Exterior features Outdoor Shower, Storage
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave
Subdivision Key Colony Beach (53.5)
Directions Turn off of US#1 (Overseas Highway) onto Key Colony Causeway. Bear left on E. Ocean Drive. Turn left onto 3rd St. The duplex is on the left side about 2/3 the way down road.
Standard status Active
APN 00072790000000
Size 900 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Bk 3 S 1/2 Lt 13 Key Colony Beach Pb3-120 Shelter Key Or380-643 Or463-874 Or802-1762 Or937-324 Or1585-2444/51 Or1587-160
Tax Annual Amount 6496
Legal Description Bk 3 S 1/2 Lt 13 Key Colony Beach Pb3-120 Shelter Key Or380-643 Or463-874 Or802-1762 Or937-324 Or1585-2444/51 Or1587-160

Utilities

Utilities Cable Available
Heating system Ductless (Heating)
Cooling system Ductless
Water front 1

Amenities

dockage

Building Details

Year built 1971
Floors in Building 1
Flooring type Tile
Building materials CBS
Roof type Metal
Additional Structures Storage
Listing Agency: Florida Keys Real Estate Group
Listed By: Bonnie Sanderson · License #3209351
Added: Jul 3 Changed: Jul 30 Last Checked: Aug 27 at 6:06PM
MLS# 620521

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 half-duplex offers remodeled living space with tile flooring, granite counters, built-in cabinets, and storage. Kitchen and laundry appliances include a washer, dryer, dishwasher, refrigerator, range, oven, and microwave. Exterior features include an outdoor shower and storage. Heating and cooling are provided by ductless systems, and the roof is metal. Construction is CBS with a 1971 build date, and key exterior upgrades include Anderson impact entry doors, double-pane PGT windows, and Low-E Anderson sliding glass doors.

The property is situated in Key Colony Beach and is described as a short walk to the Cabana Club, with plenty of parking. The listing also notes 30 feet of dockage. Key Colony Beach offers amenities including its own post office, restaurants, a marina, shopping, a par 3 golf course, and pickleball and tennis courts, as well as basketball, bocce ball, and horseshoes. Marathon Airport is listed as 10 minutes away, and Key West International Airport as a 1-hour drive.

The home has two bedrooms and two bathrooms and includes cable availability.

Key Highlights

  • 0.07‑acre half‑duplex property in R‑1B - Key Colony Single zoning
  • 30 feet of dockage and plenty of parking
  • Remodeled interior with granite counters, tile flooring, and built‑in cabinets

Property Analytics

Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

278
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Half-duplex in R-1B zoning with ductless HVAC, granite counters, and access to 30 feet of dockage.
Where is this duplex located?
The property is located at 341 3rd Street Key Colony Beach, FL.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: 0.07‑acre half‑duplex property in R‑1B - Key Colony Single zoning; 30 feet of dockage and plenty of parking; Remodeled interior with granite counters, tile flooring, and built‑in cabinets
More about this property
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