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$1,650,000
2 Days On Site

280/290 3rd Street
KEY COLONY, FL 33051

For Sale|Duplex|Active
4
Beds
4
Total Baths
4
Full Baths
1,536
SqFt
$1,074
/SqFt
1988
Built
Subdivision:
Key Colony Beach (53.5)
County:
Monroe

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280/290 3rd Street280/290 3rd Street280/290 3rd Street280/290 3rd Street
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Turnkey Raised Duplex in Key Colony Beach - Strong Rental Income or Ideal Family Vacation PropertyFully furnished 2BR/2BA (per side) duplex located in the desirable Key Colony Beach community. The property is currently operating as a successful short-term rental and generated $171,477 in Airbnb revenue over the last 12 months, plus the vacation rental license was recently renewed so inspection should be easy, allowing a new owner to continue renting quickly.For buyers looking for a personal getaway, the layout is also ideal as a family vacation property, offering two separate living spaces that allow families or groups to stay close together while still having privacy.New owners can immediately obtain Cabana Club membership, which provides private beach access, pool, and hot tub, and is a major driver for vacation rental bookings in the area. The property is also walkable to restaurants and ocean-view bars.The duplex was fully remodeled in 2021, including new plumbing, flooring, AC system, and interior and exterior paint. Additional updates through 2024-2026 include impact windows and doors, updated ductwork, roof improvements, new drywall in one unit, new washer and dryer, grills, and water heaters, making the property well-maintained and move-in or rental ready.A large outdoor seating area and yard provide space for guests or family to gather, making it especially attractive for groups renting or using both sides of the duplex.Fully furnished and turnkey for immediate use or continued rental income.

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Listing Snapshot
Price 
$1,650,000
Days On Site 
2 Days
Bedrooms 
4
Inside Area (SqFt) 
1,536 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1988
MLS® Number 
619093
Status 
Active
Property Tax 
$7,779.39
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.15
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking 
Off StreetAttached
Pets 
Yes
Property Sub Type 
Duplex
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
1536
Style 
Duplex
Utilities 
Cable Available
Zoning 
R-2B - Key Colony Two Family
Interior Features
Appliances 
DishwasherDisposalDryerFreezerIce MakerMicrowaveOvenRangeRefrigeratorWasherWater Softener
Flooring 
Laminate
Furnished 
Furnished
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Exterior Features
Patio And Porch 
PorchPatio
Roof 
Metal
Community Features
Community Features 
PoolTennis Court(s)
MLS Area 
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Listing courtesy of Birch Haven Real Estate


Copyright © 2026 Key West Multiple Listing Service. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Key West Multiple Listing Service. Real estate listings held by brokerage firms other than Birch Haven Real Estateare marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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