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Key Colony For Sale DUPLEX PRICE REDUCED

461 & 471 3rd St, Key Colony FL 33051

461 & 471 3rd St, Key Colony FL 33051

$1,848,000 ≈ ₿27.8615

MLS A11924718 · 419 days on market

2,528

SQUARE FEET

Duplex

Type

1997

Built

Listing courtesy of

Island Breeze Realty, LLC

David Grego

MLS® #A11924718

Listing information last updated March 18, 2026

MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Island Breeze Realty, LLC — and every agent and broker in Miami — to get the deal done.

Overview

This duplex in Key Colony offers 2,528 square feet, and is listed for sale at $1,848,000 (about $731 per square foot). Built in 1997.

Revive your spirits with this fully furnished, well-established vacation rental on track to deliver approx. $100k/yr. in rental income! This turnkey, above flood duplex features two bright and spacious 3 bed/2 bath units, each with private entrances & parking and a combined 60 ft. of deep water dockage with immediate ocean access! Lush tropical landscaping and privacy fencing create two distinct outdoor canal side living spaces. Ideally located just a ¼ of a mile from the beloved Cabana Club which offers a private beach, Olympic-size pool plus bar & grill (membership required). Come enjoy this friendly-walkable community offering restaurants, shops and picturesque beaches just steps from your door! Ready for immediate use or continued rental success! *Hot tub shown in photos is being removed.

Listing history

Price reduced

↓ $50,000 from $1,898,000 · Mar 18, 2026 · MIAMI MLS

$1,848,000

Listed for sale

May 28, 2025 · MIAMI MLS

$1,948,000

Days on market

as of today

419 days

Building & financials

FROM MIAMI MLS

The carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.

Annual property tax (2024)

$6,871

Association type

None

Waterfront

Canal Front, Ocean Access

FEMA flood zone

AE

Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.

Property details

MLS #A11924718
Price$1,848,000
Size2,528 Square Feet
Year built1997
TypeDuplex
StatusFor Sale
Price / Square Feet$731
Flood zoneAE

Features & amenities

Has Cooling System
Has Heating System
Has Waterfront

Location

461 & 471 3rd St, Key Colony FL 33051

Estimate your payment

$

Est. monthly payment

per month

Principal & interest
Property tax (est.)
Down (20%)
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Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.

Questions, answered

What is the square footage?

This duplex offers 2,528 square feet of living space.

When was this property built?

This duplex was built in 1997.

What are the annual property taxes?

Annual property taxes for this duplex are approximately $6,871, per the latest tax record.

How long has this property been on the market?

This duplex has been on the market for 294 days.

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$1,848,000

461 & 471 3rd St, Key Colony FL 33051

Key Colony · 2,528 Square Feet

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Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 419 days on market.

We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.

$1,848,000

2,528 Square Feet

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