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261 3rd Street, 
Key Colony, FL 33051

$869,000

2

Beds

2

Baths

1,037

Sq Ft

Multi-Family

Active

Listed by

Katie Grace Carrillo

Lpt Realty, LLC.

Last updated:

September 22, 2026, 03:00 PM

MLS#

621039

Source:

FL FKBOR

About This Home

261 3rd Street

KEY COLONY BEACH WATERFRONT GEM • 30' OF DOCKAGE • WALK TO CABANA CLUB • TURNKEY • VACATION RENTAL Welcome to your slice of the Florida Keys in sought-after Key Colony Beach! This gorgeous 2-bedroom, 2-bath half duplex offers the perfect combination of coastal living, boating convenience, and vacation-rental potential. Ideally located just a short walk from the renowned Cabana Club. Step inside to find a stylish, thoughtfully updated interior featuring granite countertops, stainless steel appliances, tile flooring, and quality finishes throughout. Impact windows and doors provide peace of mind while allowing plenty of natural light to fill the home. Outdoor living is just as impressive, with 30 feet of dockage providing the perfect setup for boating, fishing, and enjoying everything the Florida Keys has to offer. After a day on the water, rinse off in the convenient outdoor shower or relax and soak in the laid-back island lifestyle. The property is being offered fully furnished and turnkey and is currently established in the vacation rental program, making this an exceptional opportunity for an owner looking for a personal Keys getaway with rental income potential.

Home Facts

Multi-Family

2 Baths

2 Bedrooms

Built in 1974

Subdivision & Development:

Key Colony Beach (53.5)

Price Summary

869,000

$837 per Sq. Ft.

MLS #:

621039

Last Updated:

September 22, 2026, 03:00 PM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Structure

Structure

Building Area:

1,037 Sq. Ft.

Year Built:

1974

Lot

Lot Size (Sq. Ft):

2,797

Finances & Disclosures

Finances

Price:

$869,000

Price per Sq. Ft:

$837 per Sq. Ft.

Source:FL FKBOR
The information being provided by Florida Keys Board Of REALTORS®, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Florida Keys Board Of REALTORS®, Inc. All rights reserved. FL FKBOR Member Broker: Brian Schmitt

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.