Google street view image for 531 3rd St, Key Colony Beach, FL 33051

Off market

—

•

6 ba

•

2,982

sq ft

531 3rd St, Key Colony Beach, FL 33051

About this home

531 3rd St is a 2,982 square foot multi-family home on a 0.33 acre lot with 6 bedrooms and 6 bathrooms.

Multi-familyProperty Type

1993Year Built

0.33 acresLot Size

Source:Public Records

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in Key Colony Beach, FL

Last updated October 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

94.1%

1.2% MoM

Median sale price

$1.3M

$516K MoM

Avg. days on market

203d

1 days MoM

Recently sold homes

1 MoM

New listings for sale

$764,000
4 beds2 baths1,380 sq ft
360 3rd St Ocean St, Key Colony, FL 33051
$764,000
4 beds2 baths1,380 sq ft
360 3rd St, Key Colony, FL 33051
(305) 570-4305
See all

Provided by Redfin

Sale history for 531 3rd St

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$24,446 (+4.6%)

2024

$23,369 (+6.3%)

2023

$21,983 (+9.4%)

2022

$20,086 (+28.3%)

2021

$15,651 (+3.9%)

$626,444 + $761,337

$1,387,781

2020

$15,057 (−4.3%)

$596,614 + $782,022

$1,378,636

2019

$15,740 (+10.8%)

$596,614 + $782,022

$1,378,636

2018

$14,210 (+7.3%)

2017

$13,249 (+15.7%)

$536,026 + $895,047

$1,431,073

2015

$11,451 (+3.6%)

$251,556 + $828,446

$1,080,002

2014

$11,053

Tax history for 531 3rd St

Year

Property tax

Land + Additions

Assessment*

2025

$24,446 (+4.6%)

2024

$23,369 (+6.3%)

2023

$21,983 (+9.4%)

2022

$20,086 (+28.3%)

2021

$15,651 (+3.9%)

$626,444 + $761,337

$1,387,781

2020

$15,057 (−4.3%)

$596,614 + $782,022

$1,378,636

2019

$15,740 (+10.8%)

$596,614 + $782,022

$1,378,636

2018

$14,210 (+7.3%)

2017

$13,249 (+15.7%)

$536,026 + $895,047

$1,431,073

2015

$11,451 (+3.6%)

$251,556 + $828,446

$1,080,002

2014

$11,053

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Apr 8, 2024 • Final

Building

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Bathroom Information
# of Full Baths: 6

Heating & Cooling
Heating Type: Forced Air

Exterior

Exterior Information
Physical Condition: Average
Floor Construction Type: Concrete
Foundation Type: Concrete
Exterior Wall: Concrete Block
Roof Covering Type: Clay/concrete Tile
Roof Shape Type: Irregular
Building Type: Four Family

Property Information
Subdivision Name: KEY COLONY BEACH
Living Sq. Ft: 2,982
Gross Sq. Ft: 7,664
Ground Floor Sq. Ft: 2,978
Building Sq. Ft: 2,982
# of Units: 2
# of Stories: 2
Legal Description: BK 3 LT 22 KEY COLONY BEACH PB3-120 SHELTER KEY OR525-230 OR739-79 OR765-445 OR798-347 OR898-134 OR983-1571 OR1011-2142 OR1061-1637 OR1069-1203/04 OR1942-2116/17 OR2224-1548/50 OR3013-2333 OR3020-2320

Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 641
Garage / Carport Type: Carport

Lot Information
# of Buildings: 1
Land Sq. Ft: 14,256
Legal Lot Number: 22
Legal Block Number: 3
Municipality Type: KCB
Municipality Name: CITY OF KEY COLONY BEACH
Acres: 0.3273
Zoning Code: INC
County Use Description: MULTI FAMILY
State Use Description: MULTI-FAMILY

Financial

Assessor Information
Assessment Year: 2025
Tax District County: CITY OF KEY COLONY BEACH
Tax Area: CITY OF KEY COLONY BEACH

Public facts

Beds: 6
Baths: 6.0
Sq. Ft.: 2,982
Stories: 2.0
Lot Size: 0.33 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1993
Year Renovated: 2003
County: Monroe County
APN: 0466 33 00072880000000

Home facts updated by county records on Apr 21, 2026

Around this home

Schools

Stanley Switlik Elementary School

Public PreK-5 • Assigned • 5.0mi

4/10

Marathon School

Public 6-12 • Assigned • 4.2mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

Heat Factor

We're working on getting current and accurate heat risk information for this home.

10/10 Wind Factor

99% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Key Colony Beach, FL • 33051

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10 hours in June and 7.3 hours in December, placing it above the U.S. average for solar exposure.

10 hrs

7.3 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Key Colony Beach. 3 minutes to get started.

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New listings for sale in 33051

$764,000

4 beds2 baths1,380 sq ft

360 3rd St Ocean St, Key Colony, FL 33051

Spacious backyard • Patio • Storage

$764,000

4 beds2 baths1,380 sq ft

360 3rd St, Key Colony, FL 33051

Spacious backyard • Patio • Storage

(305) 570-4305

Home values near 531 3rd St

Data from public records.

Address	Redfin Estimate
511 3rd Street, Key Colony Beach, FL 2 Beds \| 2 Baths \| 1336 Sq. Ft.	$964,653
481 3rd Street, Key Colony Beach, FL 2 Beds \| 2 Baths \| 1344 Sq. Ft.	—

Address	Redfin Estimate
451 3rd Street, Key Colony Beach, FL 3 Beds \| 2 Baths \| 1264 Sq. Ft.	$852,102
491 3rd Street, Key Colony Beach, FL 3 Beds \| 2 Baths \| 1344 Sq. Ft.	$957,440

Address	Redfin Estimate
461 3rd Street, Key Colony Beach, FL 3 Beds \| 2 Baths \| 1264 Sq. Ft.	$862,072
501 3rd Street, Key Colony Beach, FL 2 Beds \| 2 Baths \| 1336 Sq. Ft.	$1,079,442

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in Key Colony Beach, FL

Sale history for 531 3rd St

Tax history for 531 3rd St

Permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33051

Home values near 531 3rd St

More real estate resources