About 461 & 471 3rd Street
Revive your spirits with this fully furnished, well-established vacation rental on track to deliver approx. $150k/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 1/4 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.
Features of 461 & 471 3rd Street
| MLS® # | 615206 |
|---|---|
| Price | $1,948,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,528 |
| Land Size | 6,970 |
| Year Built | 1997 |
| Type | Residential |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 461 & 471 3rd Street |
|---|---|
| Area | 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony |
| Subdivision | Key Colony Beach (53.5) |
| City | KEY COLONY |
| County | Monroe |
| State | FL |
| Zip Code | 33051 |
Amenities
| Amenities | Tennis Courts, Bike Paths, Beach |
|---|---|
| Utilities | FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer, Community Swr Plant |
| Parking Spaces | 4 |
| Parking | RV Parking Open, Trailer Storage |
| View | Canal View |
| Is Waterfront | Yes |
| Waterfront | Canal Front |
| Has Pool | No |
Interior
| Interior Features | Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Storage |
|---|---|
| Appliances | Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer |
| Cooling | Central Air, Ceiling Fans(s) |
| Fireplace | No |
Exterior
| Exterior Features | Fencing, Privacy Wall/Fence |
|---|---|
| Lot Description | Less Than 1/4 Acre |
| Windows | Single Hung Windows, Sliding Glass Doors |
| Roof | Metal Roof |
| Construction | CBS |
| Neighborhood Features | Tennis Courts, Bike Paths, Beach |
Additional Information
| Date Listed | May 28th, 2025 |
|---|---|
| Days on Market | 139 |
| Zoning | R-2A - Key Colony Two Family |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | David N. Grego |
|---|---|
| Office | Island Breeze Realty, LLC |