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Key Colony Waterfront Homes for Sale, Single Family Houses, Open Water, Ocean and Bay / Gulf Views

Key Colony waterfront homes for sale are quite popular within the Florida Keys real estate market.  In fact, the majority of the MLS listings in Key Colony tend to be waterfront properties.  Choices for real estate include Key Colony oceanfront houses and bayfront homes in Key Colony, as well as homes located on a canal.  Wherever they are located, waterfront or water view homes in Key Colony provide outstanding views, great amenities, and an exceptional living experience.  Browse all waterfront real estate listings in Key Colony.

Total Listings 32
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$725,000
Key Colony
Key Colony Beach Botel   - MM: 53.50
2 Bed, 2 Baths, 938 SqFt Days Listed: 98
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: 7
Half Duplex - Active - 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. 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!

$779,000
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 960 SqFt Days Listed: 65
Half Duplex - Contingent - Waterfront Yes
Side of Island: Ocean - Dockage: Davit Pads30ft.

Heres the revised version with the additional details included:Welcome to 390 4th St, an elegant coastal retreat in the heart of Key Colony Beach, FL. This fully renovated 2-bedroom, 2-bathroom cottage offers the perfect blend of modern upgrades and island charm--and its wonderfully low maintenance!Step inside to discover a newly completed (2023) kitchen featuring Pompeii quartz countertops, custom cabinetry, a stylish designer backsplash, and a brand-new range. The bathrooms were tastefully updated in 2022, and the home features three Mitsubishi mini-split systems installed in 2021 for efficient room-by-room climate control.Outdoor living is a dream with two sliders opening to separate patios--one covered for shaded relaxation. The dock is equipped with Davit pads, a fish cleaning table, and a swim ladder, making it a haven for water enthusiasts. The property boasts a privacy fence, new accordion shutters (2021), a storage room, PVC sewer lines, a new roof, custom pavers, and ample parking for all your toys.This home offers exceptional value with low wind insurance and low flood insurance costs. The flood insurance policy, grandfathered at $3,200 per year, is assignable to the buyer.Ideal for anglers, divers, and boaters, this home is just 5 minutes from open ocean access. Situated on picturesque Key Colony Beach, you can walk or bike to nearby restaurants, a marina, pickleball courts, golf, tennis, the post office, and the iconic Sunset Park.Whether youre looking for a winter escape, vacation rental, or a full-time residence, this refined gem embodies the laid-back yet elegant lifestyle of the Florida Keys. Dont miss this opportunity to make it yours!

$799,999
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 885 SqFt Days Listed: 58
-1.23% ($10,001) 1 Price Change : Last Change 27 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 30ft.Concrete

**Location, Location, Location!** 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. A Cabana Club membership is included, and the property is enrolled in a rental program. Key Colony is known as the GEM of the Florida Keys offering pickleball courts,, golf, walking path, sunset park, restaurants and shopping!

$975,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 960 SqFt Days Listed: 110
-2.40% ($24,000) 1 Price Change : Last Change 2 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!!!

$975,000
Key Colony
Key Colony Beach   - MM: 53.50
3 Bed, 3 Baths, 1,184 SqFt Days Listed: 65
-7.14% ($75,000) 2 Price Changes : Last Change 11 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!

$985,000
Key Colony
Key Colony Beach Botel   - MM: 53.50
2 Bed, 2 Baths, 1,290 SqFt Days Listed: 44
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: 91
-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!

$1,175,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
3 Bed, 3 Baths, 1,923 SqFt Days Listed: 56
Half Duplex - Contingent - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.Concrete

Spacious and well maintained, this bright and airy half-duplex offers the functionality and feel of a single-family home, thoughtfully designed for comfort and versatility. Vaulted ceilings and abundant natural light enhance the inviting living spaces. A charming courtyard at the front of the home creates a welcoming entry, while the tropical backyard retreat features 37.5 feet of dockage with a 16,000-pound boat lift for quick and easy access to the Atlantic Ocean and Gulf of Mexico. Inside, the home includes three bedrooms and three full baths, with two of the bedrooms offering en-suite privacy. The expansive upstairs primary suite spans over 500 square feet and includes a balcony overlooking the canal--perfect for enjoying morning coffee or sunset views. This space could also be reconfigured into two bedrooms for those seeking additional accommodations. A second-level deck with both east and west exposures provides even more opportunities to take in the surrounding beauty. The third bedroom, currently used as an office/den, adds flexibility. Spotless, tidy, and thoughtfully appointed, this home captures the essence of Florida Keys living.

$1,379,000
Key Colony
Marina Subdivision   - MM: 54.00
3 Bed, 3 Baths, 1,460 SqFt Days Listed: 19
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! Call today

$1,445,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
3 Bed, 3 Baths, 1,599 SqFt Days Listed: 55
Half Duplex - Kick-out - Waterfront Yes
Side of Island: Ocean - Dockage: 35ft.Concrete

A Tropical Paradise Unlike Any Other! Prepare to be enchanted by this above flood, half duplex that will leave you in awe! With its vaulted ceilings and impeccable design, this turn-key, beautifully furnished home is ready for you to move in and start living the island dream. Surrounded by lush foliage on both sides, the private pool is a hidden gem, providing a serene escape. Step inside to discover the spaciousness of three bedrooms and two full baths, providing a comfortable and inviting living space. The beautiful open concept living room, kitchen, and dining area overlook the outdoor patio adorned with vibrant bougainvillea. The kitchen features a convenient breakfast bar, perfect for coffee and conversation. The primary bedroom is a true oasis with enough space for two beds. The primary bathroom boasts double vanities and a soothing jetted tub. Your guests will be captivated by the two guest bedrooms that overlook the glistening pool. Inside, youll find a washer and dryer, making laundry a breeze, while large closets offer ample storage for all your essentials. Parking is never an issue, thanks to a full car garage and a spacious driveway. The second lot provides an abundance of parking options for cars, RVs and boat trailers. Water enthusiasts will rejoice at the 35-foot seawall, capable of accommodating large boats for all your aquatic adventures. Quick access to the ocean or bay via Vaca Cut opens up a world of possibilities for exploration. Meanwhile, the fish cleaning station allows you to prepare your fresh catch right on your doorstep. Appreciate the privacy and tranquility with thoughtful separation from the neighboring half duplex provided by beautiful foliage.. Though this has not been a vacation rental, with weekly rentals permitted-the potential is unlimited . If youve been seeking a tropical paradise that offers luxury and convenience, look no further! This extraordinary half duplex is is a rare gem waiting for you to make it your own.

$1,495,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
4 Bed, 4 Baths, 1,885 SqFt Days Listed: 3
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Boat Lift375ft.

NEW TO THE MARKET! This rarely available 4Bedroom, large half duplex offers 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 4-bedroom 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.

$1,599,000
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 1,155 SqFt Days Listed: 334
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.

$1,649,000
Key Colony
Key Colony Beach   - MM: 53.50
3 Bed, 3 Baths, 2,260 SqFt Days Listed: 115
-3.00% ($51,000) 1 Price Change : Last Change 19 Days Ago
Single Family - 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.

$1,850,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
4 Bed, 4 Baths, 2,293 SqFt Days Listed: 190
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.

$1,850,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
4 Bed, 4 Baths, 2,293 SqFt Days Listed: 398
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.

$1,998,000
Key Colony
Coury Subdivision   - MM: 53.50
3 Bed, 3 Baths, 2,088 SqFt Days Listed: 442
-4.86% ($102,000) 3 Price Changes : Last Change 34 Days Ago
Single Family - Active - Waterfront Yes
Side of Island: Ocean - Dockage: n/a

Beautifully appointed home, built in 1998, boasts a spacious layout of 3 bdrms, 2 baths, 2088+/- sqft of living space along w/a 2 car garage. As you step inside, youll immediately notice the meticulous attention to detail w/recent updates enhancing both style & functionality. The living rm & 2 bdrms have been adorned w/new furniture, freshly painted & creating a welcoming island flare atmosphere. 2023 new AC, pool filter/heater & 2022 HWH. The features continue with electric & water at the dock, fish cleaning station, dock lights catering to those who enjoy night fishing. The outdoor space is a true haven, featuring a fenced-in backyard w/a generous side yard for your trailer or addtl parking. The 30X20 heated pool & spa become a focal point for relaxation, where you can unwind & take in the picturesque views of the canal. Outdoor living areas, complete w/a covered patio, sets the stage for al fresco meals & gatherings. KCB itself is a well-known gem and offers a tranquil escape without sacrificing convenience. The community boasts the popular Sunset Park, walking paths, post office, city office, golf course, dog park, shopping, restaurants and marina. Fun community events. Popular vacation rental that offers repeat bookings. Offered fully furnished & turn key. B&BATVAI

$2,000,000
Key Colony
Key Colony Beach   - MM: 53.50
6 Bed, 6 Baths, 3,494 SqFt Days Listed: 120
Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 75ft.Concrete

Full Duplex: Live in the gorgeous, NEW, lower level, which is above flood and all impact.Create exactly what you want on the BIG, upper level!Each level has 3 roomy bedrooms and 2 Full Bathroom.Great for the angler, boater and diver on a 100 ft wide, deep canal, plus only 5 minutes to the open Ocean and Gulf.Lower Level (490) - 1716 SF- Above Flood & All NEW in 2023 Upper Level (480) - 1778 SF - Make this yours!In Key Colony Beach, the heart of the Florida Keys. You can walk or bike the entire city to 3 restaurant, Marina, Pickleball, Golf, Tennis, Playgrounds, Horseshoes, Bocce Ball, Post Office and Sunset Park. Marathon Airport is 10 minutes away, Key West Intl just over an hour, Miami Intl approx 2 hrs and Ft Lauderdale only 2.5 hours....Here is your island getaway, vacation rental and retirement home in the Keys!

$2,275,000
Key Colony
Key Colony Beach   - MM: 53.50
3 Bed, 3 Baths, 2,049 SqFt Days Listed: 20
Single Family - Contingent - Waterfront Yes
Side of Island: Ocean - Dockage: Boat Lift60ft.Cut/Na

Newly built in 2021 Custom, Steel Frame Construction, by Spray Rock. This home is rated for winds to 250 mph! Enter into the inviting foyer and meander into the wide, open living room, dining room and kitchen. With the large impact windows and slider, you are immediately lured onto the covered patio and decked pool, expanding your living canal side. Attention anglers and boating enthusiasts, if you are looking for a 60 ft dock and 15,000 lb lift, look no further, here it is! Only 5 minutes to OPEN Ocean and less than 10 minutes to the open Gulf via Vaca Cut. Charming, primary suite is bright and airy with slider and views of the pool and canal. Two roomy guest bedrooms, walk in pantry, laundry room and 2 car garage, make this the complete package for your Island Dream Home, Retirement Home or Vacation Getaway in the heart of the Florida Keys.

$2,640,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
3 Bed, 3 Baths, 2,440 SqFt Days Listed: 85
-5.38% ($150,000) 1 Price Change : Last Change 18 Days Ago
Single Family - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Boat Lift50ft.

The INCREDIBLE house is for sale!! Great entertaining is with this open concept floorplan, concrete pool & huge tiki. Vaulted ceilings in the living, dining room & custom kitchen. The huge master suite has 4 closets, updated bathroom & sliders leading to private, tropical yard. Impact windows, extra room/office, air conditioned sun porch & half bath, 2 car garage, boat lift, fish cleaning station & 50 ft composite dock make this the perfect retirement or vacation rental in Paradise. Just 5 minutes to Vaca Cut, open ocean and gulf. All in Key Colony Beach, where you can walk or bike to 4 restaurants, marina, golf, tennis, pickle ball, bocce ball, 3 playgrounds, horseshoes, post office, city hall & Sunset Park. Extremely wide canal that you can turn any boat around.

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 01-29-2025.
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