Welcome to waterfront living in Key Colony! From the decorative gated entry and covered front patio, this beautifully maintained 2-bedroom, 2-bath half duplex offers 1,328 square feet of comfortable indoor-outdoor living. Inside, the light-filled interior features marble flooring, a spacious living area overlooking the water, and an updated kitchen with white cabinetry, granite countertops, stainless steel appliances, and a generous center island. Step outside to a private, fenced brick-paver patio surrounded by tropical landscaping--the perfect setting for morning coffee, outdoor dining, or relaxing by the canal. Boaters will appreciate the 37.5-foot dock and convenient access to the best of the Florida Keys lifestyle. Major updates include a new metal roof and new air-conditioning system, both installed in 2023. Additional features include ample outdoor storage and an interior laundry area. This property also offers an established history as a successful vacation rental, making it an excellent opportunity for buyers seeking a full-time residence, seasonal getaway, or income-producing waterfront retreat in desirable Key Colony Beach.