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Sold

571 8Th Street

571 8Th Street, Key Colony, FL 33051

$1,950,000
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, it's the perfect blend of relaxation and adventure in one of the most desirable locations in the Florida Keys.

5
beds

4
baths

2,218 Sq.Ft. LIVING AREA

8,250 Sq.Ft. lot

Erin Voelliger

Erin Voelliger

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms4
  • full bathrooms4
  • Flooring Tile
  • APPLIANCES Dishwasher, Microwave, Oven, Range, Refrigerator
  • other interior Features Other, Single Hung Windows, Impact Rstnce Window, Sliding Glass Doors

Area & Lot

  • Status Sold
  • Living Area2,218 Sq.Ft.
  • Lot Area8,250 Sq.Ft.
  • MLS® ID611843
  • TypeMulti-Family
  • YEAR BUILT1970
  • Water FrontageCanal Front
  • View DescriptionCanal View

Exterior

  • STORIES2
  • utilitiesFKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • PoolIn Ground, Fiberglass
  • roofMetal Roof
  • parkingGarage, Trailer Storage, Covered Parking, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Attached
  • AIR CONDITIONINGCentral Air, Ceiling Fans(s)
  • HOA AmenitiesNone
  • security FeaturesPatrolled Area
  • other exterior FeaturesChickee Hut, Storage

Financial

  • Sales Price$1,950,000
  • Real Estate Tax $11,301/yr
  • Zoning R-2A - Key Colony Two Family

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