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  • 571 8Th Street
  • $1,990,000
  • KEY COLONY, FL / Key Colony Beach (53.5)
  • 5 Beds, 4 Baths, 2,218 Sq.Ft.

571 8Th Street , FL - KEY COLONY

5 Beds, 4 Baths (full), Duplex

Introducing an exceptional Duplex with icome producing potential! Fully renovated this FULL duplex is located in the exclusive Key Colony Beach--the crown jewel of the Florida Keys. Located just off the Sadowski Causeway, this barrier island offers an enviable lifestyle with private beaches, breathtaking sunset views at Sunset Park, and premier access to fishing charters, marinas, and a nine-hole golf course. Key Colony Beach even has its own post office, making life here both convenient and luxurious. This well-maintained full duplex boasts a 75 ft. concrete dock with davits, a sparkling swimming pool, and a tiki hut bar that overlooks a wide, 90+ foot canal. Boating enthusiasts will appreciate the quick access to the ocean or bay through the nearby Vaca Cut channel. Enjoy serene water views from the expansive covered porch of the upper unit, which features 2 bedrooms, 2 bathrooms, and an open-concept living space perfect for entertaining. The lower unit is fully renovated, offering a modern white kitchen, 3 spacious bedrooms, 2 bathrooms, and a shaded lanai for outdoor relaxation. The large, fully fenced side yard is ideal for pets or boat trailer storage, with convenient access to the attached garage and ample parking for multiple vehicles. Built with solid concrete construction and topped with a newer metal roof (approx. 3 years old), this property is a true investment gem. Live in one unit and rent out the other, or maximize its potential as a highly sought-after vacation rental destination with weekly rental options in the heart of the Middle Keys.This duplex is also eligible to be subdivided into two separate parcels, offering flexible ownership opportunities. With nearby parks, beaches, and a golf course, its the perfect blend of relaxation and adventure in one of the most desirable locations in the Florida Keys.

Listing Summary for 571 8th Street
Price:
$1,990,000
Bedrooms:
5
Bathrooms:
4
Half Baths:
n/a
Square Footage:
2,218
Lot Sq. Ft.:
n/a
Year Built:
1970
Property Type:
Multi-family
Sub-Type:
Duplex
MLS® #:
611843
Status:
Contingent/Show
Address:
571 8th Street
City:
Key Colony
State:
FL
Zip:
33051
County:
Monroe
Key:
Key Colony
Side of Island:
Ocean
Community:
Key Colony Beach
Mile Marker:
53.50
Tax Year:
2023
Date Listed:
10-17-2024
Additional Information
Is Waterfront:
Yes
Waterfront Type:
Canal Front
View
Canal View
Has Pool:
Yes
Pool Info:
n/a
Short Sale:
n/a
Foreclosure:
n/a
Pets:
Pets Allowed
Docakge Type:
Davits
Dockage Length:
n/a
Dockage Seawall:
Concrete
Dockage Construction:
Concrete
Security:
Patrolled Area
Building Construction:
CBS
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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. The MLS data provided for the property above (611843) is provided courtesy of (Keller Williams Key West Compass Realty). Data last updated on 11-26-2024.
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