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Waterfront Duplex

330-340 4Th Street, Key Colony Beach, FL 33051

For Sale
$1,795,000

Residential, Key Colony, FL

Property Size2,540 SF
Lot Size0.15 Acres
Price / SF$706.69
Days on Market8

Property Features for 330-340 4Th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2A - Key Colony Two Fam
Bedrooms 3
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 1
Parking features Open, RV
Security features Security System
Window features Blinds
Patio and Porch features Porch, Patio
Pets allowed Yes
Pool private 1
Interior features Split Bedroom, Built-in Cabinets, Security System, Smoke Alarms, Storage, Window Treatments
Exterior features Fencing, Lighting, Outdoor Shower, Shed, Storage
Fencing Fenced
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Freezer, Ice Machine
Subdivision Key Colony Beach (53.5)
Directions Overseas Hwy US-1 Ocean Side turn onto Sadowski Cswy. Go to the end of Sadowski and follow the curve to the left onto E Ocean Dr to 4th Street turn left, house is on the right at 330-340.
Standard status Active
APN 00072990-000000
Size 2,540 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BK 3 LT 33 KEY COLONY BEACH PB3-120 SHELTER KEY OR380-643 OR455-607 OR687-619 OR1098-2040 OR1098-2046 1098-2047 OR1285-1
Tax Annual Amount 10605
Legal Description BK 3 LT 33 KEY COLONY BEACH PB3-120 SHELTER KEY OR380-643 OR455-607 OR687-619 OR1098-2040 OR1098-2046 1098-2047 OR1285-1

Utilities

Cooling system Central Air
Water front 1

Amenities

pool
outdoor shower
boat dock
boat lift
covered balcony
storage shed

Building Details

Year built 1971
Flooring type Tile, Laminate
Building materials Frame, Hardi Board Siding
Roof type Metal
Additional Structures Storage
Buildings 1
Listing Agency: Water Vista Realty, Inc.
Listed By: Dan Cloud · License FL #3144777
Added: Nov 3 Changed: Nov 7 Last Checked: Nov 10 at 12:06AM
MLS# 621908

Copyright © 2026 Florida Keys Board 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.

Rey
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Investment Insights

Based on property information with market context.

This 2,540-square-foot waterfront duplex at 330-340 4th Street in Key Colony has a 2-bedroom, 2-bath upper residence and a 1-bedroom, 1.5-bath lower residence, each with a full kitchen. The 0.15-acre property has a 60-foot deep-water dock and a 15K lbs. boat lift installed in 2022. A heated-chilled saltwater pool, pool deck, outdoor shower, and covered upper balcony add outdoor amenities. The building has a metal roof, accordion and metal Bahama shutters, and a mix of central air and a mini-split system. Storage includes three large outdoor-access rooms and a shed.

The property is in Key Colony Beach, a municipality with no HOA, and is zoned R-2A - Key Colony Two Fam. Seven-day rentals are allowed. The listing also notes access to Vaca Cut and nearby recreational facilities, including a golf course, tennis and pickleball courts, and parks.

Key Highlights

  • 2,540 square feet on a 0.15‑acre waterfront lot
  • Two residences: upper level has 2 bedrooms and 2 bathrooms; lower level has 1 bedroom and 1.5 bathrooms
  • 60‑foot deep‑water dock with a 15K lbs. boat lift installed in 2022

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

172
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
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Market

Average Price Trend$/SF for Duplexes in Monroe County, FL

$877 Jul
$869 Aug
$860 Sep
$847 Oct

Properties on Market for Duplexes in Monroe County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately configured residences each include a full kitchen, supporting independent occupancy.
Where is this duplex located?
The property is located at 330-340 4Th Street Key Colony Beach, FL.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 2,540 square feet on a 0.15‑acre waterfront lot; Two residences: upper level has 2 bedrooms and 2 bathrooms; lower level has 1 bedroom and 1.5 bathrooms; 60‑foot deep‑water dock with a 15K lbs. boat lift installed in 2022
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