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Key Colony Waterfront Homes For Sale on the Ocean Side

Most of the properties in the Florida Keys peninsula are either on the ocean side or on the bay / gulf side of the island. The following Waterfront Key Colony homes for sale below are on the ocean side.

Total Listings 38
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$725,000
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 1,080 SqFt Days Listed: 5
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.Concrete

PHOTOS FROM 2021 - new photos will be added by 2-29-2025.NOW Available half (or full!) duplex on 11th St in KCB. 460 11th also available! Design and create your island escape in the bright, open floor plan that is east facing for sunny mornings and shady afternoons on the great screened porch or 37,5 ft dock. Two roomy bedrooms and 2 full baths. Plenty of room to add a pool. Perfectly located with the boater and angler in mind with a concrete dock, on deep & wide canal. All just five minutes to the open ocean and gulf. Come home to paradise here on Key Colony Beach where you can walk or bike the entire city to the marina, post office, city hall, Sunset Park, 3 restaurants, play golf, pickle ball, tennis, bocce ball, horseshoes & basketball. Here is your blank canvas in paradise on Key Colony Beach.

$725,000
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 1,080 SqFt Days Listed: 5
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.Concrete

2021 Photos until Friday. FULL Duplex alsoavailable. Opportunity Knocks for you to create your Island Home on 11th St in Key Colony Beach. Both half and full duplex now available, 460 & 470, rent one live in the other! Wide open living, dining and kitchen. Big primary bedroom with updated bath. Private guest bedroom and hall bath plus, lots of storage. Screened porch and 37.5 ft canal front with step down dock. Plenty of room to add a pool. ONLY 5 minutes or less to the open ocean and gulf. HUGE carport and lots of parking covered and uncovered to complete your tropical escape.

$725,000
Key Colony
Key Colony Beach Botel   - MM: 53.50
2 Bed, 2 Baths, 938 SqFt Days Listed: 130
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 20ft.

This delightful waterfront 2 bedroom 2 bath half-duplex in Key Colony Beach has great boating access to the Ocean or Gulf for all your water activities. Weekly rentals in place making this a great Investment Property. STR approved for 7 night minimum. Dock can accommodate up to an 18 ft. boat. Withing walking distance to the Beach, Shops and great restaurants (text me and Ill tell you my favorites)!

$769,000
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 1,008 SqFt Days Listed: 39
Half Duplex - Contingent - Waterfront Yes
Side of Island: Ocean - Dockage: 38ft.Concrete

Discover the ultimate Florida Keys lifestyle with this waterfront 2-bedroom, 2-bathroom half duplex located on a wide, pristine canal in Key Colony Beach with a 37.5 foot seawall and composite dock. Just minutes from the Atlantic Ocean and Gulf of Mexico, this property offers unparalleled access to world-class diving, fishing, and boating. This concrete block home boasts pride of ownership, featuring tile floors throughout, impact-rated sliding glass doors, and modern PVC sewage lines--no cast iron here! The open layout is perfect for entertaining or relaxing after a day on the water. Theres ample parking, plenty of storage, mature palm trees, and room to add your dream pool. Key Colony Beach is a sought-after destination for vacation renters, with tennis courts, parks, restaurants, shopping, and a marina just moments away. Centrally located in the heart of the Florida Keys, youre just an hour from Key West or Key Largo. Whether youre seeking a lucrative rental investment or your personal slice of paradise, this property is neat, clean, and ready to enjoy. Dont miss the chance to own a waterfront gem in one of the most desirable locations in the Keys!Schedule your private showing today!

$787,499
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 885 SqFt Days Listed: 90
-2.78% ($22,501) 2 Price Changes : Last Change 24 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 30ft.Concrete

This awesome 2-bedroom 2-bathroom half-duplex is situated along a clean, wide canal with 30 feet of dock space, providing easy access to the open ocean. The property boasts an updated kitchen and bathrooms, spacious bedrooms, and a lovely screened-in porch. It comes fully furnished, making it ready for immediate move-in. Located at the end of the street, it offers privacy and a view of Shelter Bay. There are bikes, kayaks, and a fish-cleaning table. Key Colony is known as the GEM of the Florida Keys. You can walk or bike to the pickleball courts, 9-hole golf course, walking path, sunset park, restaurants, shopping, marina, and post office. Only an hour to Key West or Key Largo. Own your own piece of paradise!!!

$899,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 1,185 SqFt Days Listed: 24
Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.

Welcome to The Keys Escape! This fully renovated two bedroom/two bathroom waterfront gem is located on a quiet dead end street on the south side of Key Colony. Impact windows and doors, stainless steel appliances, new floors and a brand new kitchen are just a few of the upgrades done to this property. Enjoy unrestricted access to both the ocean side as well as the gulf side for endless water activities. Property boasts hundreds of 5 star reviews on numerous rental platforms and has a track record of high occupancy with many guests revisiting year after year. Whether youre looking for a personal residence or an investment property- or a little bit of both- this property has it all.

$949,000
Key Colony
Key Colony Beach   - MM: 53.50
3 Bed, 3 Baths, 1,184 SqFt Days Listed: 97
-9.62% ($101,000) 3 Price Changes : Last Change 2 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 30ft.

Welcome to your Key Colony Beach Escape, a beautifully maintained waterfront 3-bedroom, 2-bath half duplex in the desirable Key Colony Beach. All new impact windows and doors throughout. This charming home features 30 feet of concrete dockage, fish cleaning station, tiki hut, fresh paint, new furniture, and smart TVs in every room. The open-concept living area flows seamlessly into the fully equipped kitchen, complete with a breakfast bar and dining table for six. If you are looking for an investment property, this is it! Active vacation rental with needed licenses and passed inspections ready to be transferred. Enjoy easy access right down the street to the exclusive Cabana Club, with beach and pool privileges just a short walk away. Located near parks, fishing, golf, and local restaurants. Dont miss the opportunity to own this stunning property in the Gem of the Florida Keys!

$975,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 960 SqFt Days Listed: 142
-2.40% ($24,000) 1 Price Change : Last Change 30 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.

Paradise found! You will fall in love with everything this ABOVE FLOOD TURN-KEY waterfront half duplex has to offer....situated in a prime location in renowned Key Colony Beach. Steps from the GOLF clubhouse, TENNIS/pickle ball courts, trailer storage area and only a quick boat ride to the Ocean or Gulf side (via the Vaca Cut). This CBS built 2 bed/ 2 bath home comes with your very own backyard POOL oasis and well maintained 37.5 Ft. CONCRETE dock. Privacy fencing and an expensive shaded LANAI make this home the perfect place to enjoy all the ocean breezes that surround you. Other notable features include; a METAL roof, IMPACT windows and doors, HIGH cathedral ceilings with character and a modern coastal kitchen with stainless steel appliances and stone counter tops. LOW insurances and plenty of room to park multiple cars and storage area under the home. Enjoy the bike/walking paths with a quick ride to sunset park. Island is very safe and family friendly. This property is currently a vacation rental and will make a great second home/primary home or investment property. Call today, because with so many PERKS under $1M, this property will NOT last!!!

$985,000
Key Colony
Key Colony Beach Botel   - MM: 53.50
2 Bed, 2 Baths, 1,290 SqFt Days Listed: 76
Single Family - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 40ft.Concrete

Here it is, your updated 2-bedroom, 2-bath single-family home in Key Colony Beach! This island home offers exceptional value with light-filled, airy interiors and a move-in-ready design--no projects needed here. The open-concept living area flows seamlessly to an outdoor retreat, perfect for relaxing or entertaining while watching a gorgeous sunset. Boaters will love the 40-foot dock with easy ocean access, making fishing, diving, snorkeling and waterfront adventures effortless. The Cabana Club is a private pool and beach club, you and your guests will enjoy. Plus you will be able to continue this membership! For those seeking an investment opportunity, 7-day vacation rentals are permitted. If youre considering a half-duplex, this single-family home is worth a closer look. Whether youre after a winter escape, weekend getaway, or full-time residence, this property delivers comfort, convenience, and classic island charm in one of the Florida Keys most desirable locations. Key Colony Beach, the GEM of the FL Keys!

$1,149,000
Key Colony
Key Colony Beach Yacht   - MM: 53.50
2 Bed, 2 Baths, 990 SqFt Days Listed: 123
-6.96% ($86,000) 1 Price Change : Last Change 2 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Assigned Dock,Boat R

This beautifully remodeled half duplex offers an escape right on the widest canal in Key Colony Beach! Enjoy an electric screened in porch equipped with water misters or relax in your salt water heated or chilled pool. Unobstructed views to a generous 200 ft of canal, youll have access to both the Ocean and Bay from your finger slip dock with 18,000 LBS boat lift. Inside discover a fully furnished space 2/2 with extra bonus sleeping areas, allowing this property to easily host 8-10 people. Fully remodeled with impact windows/doors for peace of mind. Just a quarter mile from pickleball courts, bocce ball, a playground, and dog park, adding to the convenience of this prime location. An incredible investment opportunity with all necessary rental licenses, street legal golf cart included!

$1,379,000
Key Colony
Marina Subdivision   - MM: 54.00
3 Bed, 3 Baths, 1,460 SqFt Days Listed: 51
Single Family - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 80ft.

CALLING All Boaters and Investors!!! TWO Deepwater Slips with this home! Fabulous Sunrise Water Views with this recently remodeled/upgraded CBS Single-Family home in desired Key Colony Beach! TWO (6 DEEP) Deepwater Boat Slips! UP TO TWO 40 LOA Boats! Wonderful Yard and Patio! 3 bedrooms and 3 bathrooms. Spacious and has lots of storage! Super Easy Ocean Access from your Protected Docks! New Floors! Fresh Drywall and Paint the Whole Home! A Very Ample and Functional Kitchen With New Kitchen Cabinets and Countertops! Plus More New Cabinets! New Bathroom Vanity, New Medicine Cabinet, New Toilet! New Exterior Doors! New Garage Door! New Sliding Glass Doors in Living room and Kitchen! New Decorative Pavers! New Refrigerator! New Ceiling Fans Throughout and New Barn Doors! New Mirrored Bifold Closet Doors in Bedrooms! 5 All New Ductless Mini-Split Air-conditioners! New Roof Sealant Entire Roof! New Rain Gutter System! New Built-In Furniture in North Bedroom! Water and New Fish Cleaning Station on Dock! 3 New Pin-Pilings were Added to the Outdoor/Patio Area Plus included are the paid-for Engineered Plans for a New Screened-In Porch! In Front of the Home, there are more water views and parking for 4 vehicles plus a garage thats perfect for storing kayaks, bikes, and fishing gear! This concrete home received a new roof in 2018 and had the sewer lines replaced in 2011. This home is currently a vacation rental with minimum 7-day rentals. This property used to be a duplex. Information on how to convert the single family into a duplex This is a Must See Home! Click Here for unbranded Video Tour: https://youtu.be/cFu2nKVfZGsAND Call today

$1,395,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 1,368 SqFt Days Listed: 20
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Concrete

Here it is, your stilted retirement property, weekend getaway or vacation rental on the wonderful island of Key Colony Beach, In the heart of the Florida Keys This immaculately maintained gem offers you access to both the open ocean and the open gulf in less than five minutes. Perfect for the angler, diver, snorkeler as well as the boating enthusiast. Ideally located on a 100 ft wide, clear and deep canal with 37.5 ft of dock w step down and fish cleaning station. The open-concept living space flows seamlessly from living and dining rooms onto a covered balcony with breathtaking canal views. Enjoy entertaining, dining or just relaxing and gazing at the clear water is always mesmerizing, what you deserve. You and your family will enjoy preparing meals entertaining and making treasured memories in the newly updated, custom kitchen. The primary suite, with impact slider and large window, is bright and airy. The roomy primary bath has another lg impact window making it very inviting with the large, walk-in shower and soaking tub. The entire lower level provides HUGE open storage space for all your needs, also with multiple, large impact windows. Plenty of covered and uncovered parking for all of your tours, RV, boat trailer....and more. Located in the heart of Marathon in Key Colony Beach, this property is just a short walk to three restaurants, shopping, the post office, City Hall, and the building department. Enjoy a all of amenities nearby, including marina, bike and walking paths, golf, pickleball, bocce ball, basketball, 3 playgrounds and tennis courts. Relax and take in the stunning sunsets at Sunset Park. Come on home we are waiting for you.....

$1,399,000
Key Colony
Key Colony Beach   - MM: 53.50
3 Bed, 3 Baths, 2,260 SqFt Days Listed: 147
-17.71% ($301,000) 2 Price Changes : Last Change 2 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 305ft.

Beautiful 3 bedroom, 3 bath home in Key Colony Beach. Meticulously maintained home. The top floor offers 2 bedrooms and 2 baths with an open kitchen and living room. The 1st floor has 1 bedroom, 1 bath with a sitting area facing the canal. Both living areas offer great views of the canal. This home comes furnished and has a good rental history.

$1,475,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
4 Bed, 4 Baths, 1,885 SqFt Days Listed: 35
-1.34% ($20,000) 1 Price Change : Last Change 9 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Boat Lift375ft.

Refreshed Price! This East facing, large half duplex feels more like a single family. Over 1,885 square feet of expansive living space, blending comfort, functionality, and opportunity. With an open floor plan, vaulted ceilings, and a prime location on a wide 100-foot canal, this Ellison-style home truly stands out. Offering dockage for 37.5 feet and a 16,000-pound boat lift, its perfect for boating enthusiasts. The small garage offers ample space for all your fishing and diving gear and room for a golf cart. The comfortable and private outdoor space provides ample space to add a small pool, making this home your private retreat in the Florida Keys.With projected rental income exceeding $100,000 annually, this property offers excellent investment potential. Lovingly cared for by its current owners and never rented, it presents a unique opportunity to enjoy as your own vacation home while earning significant income when not in use.Located in the heart of Key Colony Beach, this vibrant, walkable, and golf-cart-friendly community offers everything you need for an exceptional lifestyle. Enjoy the stunning Sunset Beach, a nine-hole golf course, waterfront dining, boutique shops, and pickleball courts.This is your chance to own a slice of paradise in the Middle Keys. Dont delay, schedule your private showing today before this rare gem is gone. Contact us for more details.

$1,495,000
Key Colony
Key Colony Beach Yacht   - MM: 53.50
3 Bed, 3 Baths, 1,642 SqFt Days Listed: 27
-3.55% ($55,000) 1 Price Change : Last Change 2 Days Ago
Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 46ft.Concrete

Live the dream on this stunning waterfront property in the highly sought-after Key Colony Beach! This beautifully remodeled 3-bedroom, 2-bath pool home boasts a 46 ft dock with a seawall, perfect for boaters and water enthusiasts. Enjoy seamless indoor-outdoor living with a spacious outdoor area featuring a built-in grill and mini fridge--ideal for entertaining by the water. The home also offers a 2-car garage and breathtaking water views. With great income-generating potential, this is not just a home, but a smart investment. Whether youre looking for your personal paradise or a lucrative opportunity, this property has it all. Dont miss your chance to own a piece of paradise!

$1,499,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
3 Bed, 3 Baths, 1,604 SqFt Days Listed: 21
Single Family - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Boat LiftConcrete

Active Vacation Rental! This meticulously updated 3-bedroom, 2-bath retreat in Key Colony Beach embodies the epitome of coastal luxury and functionality, offering an array of features. Contemporary elegance as tile floors guide you through an open-concept living space that effortlessly combines style and comfort. The kitchen, adorned with stainless steel appliances, is a culinary haven, while the adjacent laundry room adds convenience to everyday living. The large primary suite is a sanctuary of tranquility, featuring a spacious layout, a luxurious walk-in shower, and a generously-sized walk-in closet. This private haven ensures the perfect escape. Extend your living space seamlessly as the open concept flows into the backyard oasis. A pristine salt water pool awaits, surrounded by a fenced-in yard that provides both privacy and security. The canal-front location offers a boat lift and the outdoor shower and fish cleaning stations add a touch of convenience to the coastal lifestyle. Boasting very easy ocean access via Vaca Cut. Beyond the propertys boundaries, youll find convenience in every direction. The house is strategically located close to a par 3 golf course, Marathon Airport, Sunset Park, as well as a variety of restaurants and grocery stores. This home offers the perfect base for experiencing the best of the Florida Keys lifestyle. Dont miss the chance to make this waterfront haven your own, call to schedule a showing! Motivated Seller!

$1,599,000
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 1,155 SqFt Days Listed: 366
Single Family - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 50ft.

Presenting an established 2-bedroom, 2-bathroom vacation rental nestled along a serene canal in Key Colony Beach, offering effortless ocean access. Meticulously renovated to provide you or your guests with an unforgettable experience, this property exudes tropical charm.The main level features an updated kitchen and living area, complemented by a primary suite with full bath, and a convenient laundry area with additional full bath,. Ascend to the second floor to find an open loft area with another bedroom, perfect for accommodating additional guests.Outside, the patio beckons for leisurely backyard BBQs after a rewarding day of fishing. The 50 dock offers ample space for guests to bring their own boat, and includes a tackle room with an extra refrigerator, ensuring their gear and bait are safely secured for easy loading.This property boasts all new impact windows, a new a/c unit, and underwent a complete interior renovation in 2019. Additionally, all wood dock planks have been replaced, ensuring a seamless blend of comfort and style in this tropical oasis.

$1,750,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
4 Bed, 4 Baths, 2,293 SqFt Days Listed: 430
-5.41% ($100,000) 1 Price Change : Last Change 2 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.Concrete

Welcome to your coastal haven in Key Colony Beach--a paradise for those seeking a beautiful home and a relaxed lifestyle. This gem of a property with eastern exposure is offered fully furnished. Featuring 2-zone AC, marble pavers, and elegant finishes like Granite, quartz, and marble countertops. Boasting 9-foot ceilings, crown molding, a garage, concrete seawall, and a step-down dock for a 37-foot boat, this residence seamlessly blends luxury with functionality. Enjoy the heated pool and the tropical ambiance in your backyard. Make this Key Colony Beach retreat your haven for a life of tranquility and leisure. Other half of this building (550 9th) can also be bought at the same price as 540 9th.

$1,750,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
4 Bed, 4 Baths, 2,293 SqFt Days Listed: 222
-5.41% ($100,000) 1 Price Change : Last Change 2 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Boat Lift37ft.Concre

Welcome to your coastal haven in Key Colony Beach--a paradise for those seeking a beautiful home and a relaxed lifestyle. This gem of a property with eastern exposure is offered fully furnished. Featuring 2-zone AC, marble pavers, and elegant finishes like Granite and marble counter and vanity tops. Boasting 9-foot ceilings, crown molding, a garage, concrete seawall, boat lift, and a step-down dock for a 37-foot boat, this residence seamlessly blends luxury with functionality. Enjoy the heated pool and the tropical ambiance in your backyard. Make this Key Colony Beach retreat your haven for a life of tranquility and leisure. Other half of this building (540 9th) can also be bought at the same price as 550 9th.

$1,795,000
Key Colony
Key Colony Beach 2nd Addn   - MM: 53.50
2 Bed, 2 Baths, 1,247 SqFt Days Listed: 24
Single Family - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Boat Lift75ft.Other

Coastal charm meets modern updates in this two-bedroom, two-bath stilted home--a fantastic opportunity for single-family living in highly desirable Key Colony Beach. Boaters will love the location, with a new 75-foot seawall and a 15,000-pound boat lift, offering quick, 3-4 minute access to either the Atlantic or the Gulf of Mexico via Vaca Cut. Recent improvements over the past few years include a custom-designed concrete pool, a 2020 metal roof, and a full exterior repaint from top to bottom, adding to the homes fresh, updated feel.Inside, the home is designed to take advantage of its waterfront setting, with water views from the living, dining, and kitchen areas. The spacious bedrooms offer plenty of room to relax--the guest bedroom easily accommodates two queen beds with extra space, while the primary suite features a king-sized bed and ample room for additional furnishings. A standout feature is the 43-foot terrace spanning the entire back of the home, where you can take in peaceful water and pool views. The finished lower level adds an additional 363 square feet, featuring a permitted full bath, providing flexible space for storage, a recreation area, or other uses. Low assumable flood insurance is an added bonus, and theres an opportunity to purchase shares to exclusive Inch Beach, offering access to one of the most coveted private beaches (ask for details). Fully furnished with relaxed coastal decor, this inviting retreat is ready to enjoy.

The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated on 03-02-2025.
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