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Renovated Waterfront Duplex with Pool
For Sale
$1,849,000

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

Residential, Key Colony, FL

Property Size2,540 SF
Lot Size0.15 Acres
Price / SF$727.95
Days on Market187

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 1, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1
Parking features RV, Open
Security features Security System
Patio and Porch features Patio, Porch
Pets allowed Yes
Pool private 1
Interior features Built-in Cabinets, Security System, Storage
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

Heating system Central
Cooling system Central Air
Water front 1

Amenities

pool
outdoor shower
covered balcony
boat lift
deep water dock
security cameras
storage
shed

Building Details

Year built 1971
Flooring type Laminate, Tile
Building materials Frame, Hardi Board Siding
Roof type Metal
Additional Structures Storage
Listing Agency: Water Vista Realty, Inc.
Listed By: Dan Cloud · License #3144777
Added: Apr 4 Changed: Oct 1 Last Checked: Oct 7 at 6:06AM
MLS# 619361

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.

Investment Insights

Based on property information with market context.

Located at 330-340 4th Street in Key Colony, this 2,540-square-foot duplex offers an upper residence with two bedrooms and two bathrooms plus a lower residence with one bedroom and one-and-a-half bathrooms. Both units have full kitchens. The property includes a private heated and chilled pool with a saltwater system, a covered upper-level balcony, outdoor shower, storage areas, and a shed. Metal roofing, upgraded electrical service, flooring, doors, windows, and storm protection contribute to the updated configuration.

Waterfront improvements include a 60 Ft deep-water dock, extra-wide canal, multiple electrical outlets, three fresh-water spigots, and a 15K lbs. boat lift installed in 2022. The site also provides parking and storage capacity for 12 cars, 2 RVs, and 2 boats/trailers. Seven-day rentals are allowed, and the R-2A - Key Colony Two Fam zoning supports the duplex configuration.

Key Highlights

  • 2,540 Square Feet on a 0.15‑acre waterfront lot
  • Upper 2BR/2BA unit and lower 1BR/1.5BA unit, each with a full kitchen
  • 60 Ft deep‑water dock on an extra‑wide canal

Property Analytics

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Current Use

Duplexes

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two renovated units each feature a full kitchen, with short-term rentals permitted.
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 $1,849,000.
What are key features of this property?
This property features: 2,540 Square Feet on a 0.15‑acre waterfront lot; Upper 2BR/2BA unit and lower 1BR/1.5BA unit, each with a full kitchen; 60 Ft deep‑water dock on an extra‑wide canal
More about this property
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