Discover elevated island living at 541 8th St, Key Colony Beach—a stunning stilted ½-duplex offering 3 beds, 3.5 baths, and 1,830 sq ft of well-designed space. Positioned on a 37.5-ft canal, it provides direct ocean access for world-class fishing, diving, and boating. The Spanish tile roof and light-filled open layout blend coastal style with modern comfort. Enjoy water-view balconies ideal for dining and sunsets, off the main-level dining room, and an upper primary retreat with panoramic canal views. The elevated design towers above the neighboring homes. Ample parking, storage, and breezy outdoor space below. Perfect as a full-time home, vacation escape, or investment—experience true island living in this Key Colony Beach gem!
Single-familyProperty Type
1994Year Built
$884Est. Price/Sq.Ft.
4 spacesParking
Listed by Jenn Hamill• Coldwell Banker Schmitt Real E
Bought with Jenn Hamill• Coldwell Banker Schmitt Real E
Discover elevated island living at 541 8th St, Key Colony Beach, an exceptional stilted ½-duplex offering 3 beds, 3.5 baths and approx. 1,830 sq ft of thoughtfully designed living space. This home sits prominently, boldly ''towering'' on its elevated structure—granting sweeping views, added privacy and a true Keys foothold above the everyday. Perched on a 37.5-foot-wide canal, you'll enjoy direct boating access—just minutes to the ocean with world-class fishing, diving, and endless water adventures. A classic Spanish tile roof tops the home, marrying durable appeal with timeless coastal aesthetics. Light-filled interiors fill this open-concept main living area which flows seamlessly to a spacious balcony off the kitchen, ideal for outdoor dining or entertaining with water views. A main floor bedroom suite, along with a generously sized second bedroom, bathroom and laundry, completes your home's second floor layout—ideal for guests or family. The upper-level primary suite is a private sanctuary unto itself, that delivers soaring vantage above the surrounding homes. Complete with en-suite bath, private balcony with stunning panoramic canal views-perfect for morning coffee or evening sunsets. Downstairs, the stilted foundation frees up space for covered parking, ample storage for gear or toys, and a serene waterfront setting that brings the home's functional footprint to life. Whether you're seeking a full-time island residence, a vacation home, or a high-demand investment opportunity, this Key Colony Beach Gem checks every box—offering the ultimate in island living! Schedule your private showing today and experience the best of Key Colony Beach boating, fishing and beautiful sunsets—from this impressive waterfront retreat!
Beaches MLS #R11138353
Jan 30, 2026
Sold
$1,335,000
$730/sq ft
Jan 9, 2026
Contingent
—
Nov 5, 2025
Listed
$1,499,900
$820/sq ft
FLKMLS #562944
Jun 24, 2014
Sold
$580,000
$317/sq ft
Dec 23, 2013
Listed
$599,000
$327/sq ft
+65
This tropical retreat has a Mediterranean flare & open living, kitchen and dining rooms which flow onto balcony overlooking wide, clear, clean, deep canal. Very roomy w/ 3 bedrooms, 3.5 baths and huge covered outdoor living area. 37.5 ft Concrete dock and plenty of parking. Only 5 mins to ocean or gulf. Great retirement or vacation home. Come & see your home on paradise island of Key Colony Beach!
FLKMLS #528195
Aug 7, 2005
Sold
$950,000
$519/sq ft
May 2, 2005
Listed
$997,500
$545/sq ft
FLKMLS #501676
Aug 21, 2000
Sold
$380,000
$208/sq ft
Mar 8, 2000
Listed
$395,000
$216/sq ft
FLKMLS #501678
Aug 21, 2000
Listing Removed
—
Mar 8, 2000
Listed
$800,000
$437/sq ft
Public Records
Aug 23, 1999
Sold
$171,428
$94/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,335 (+2.8%)
2024
$9,082 (+9.2%)
2023
$8,318 (+16.3%)
2022
$7,153 (+10.9%)
2021
$6,447 (+10.4%)
$260,906 + $336,413
$597,319
2020
$5,838 (−1.3%)
$247,500 + $308,818
$556,318
2019
$5,914 (+3.3%)
$247,500 + $308,818
$556,318
2018
$5,726 (+1.2%)
$247,500 + $319,933
$567,433
2017
$5,659 (+8.0%)
$247,500 + $327,562
$575,062
2015
$5,242 (+7.9%)
$247,500 + $323,934
$571,434
2014
$4,860
Tax history for 541 8th St
Year
Property tax
Land + Additions
Assessment*
2025
$9,335 (+2.8%)
2024
$9,082 (+9.2%)
2023
$8,318 (+16.3%)
2022
$7,153 (+10.9%)
2021
$6,447 (+10.4%)
$260,906 + $336,413
$597,319
2020
$5,838 (−1.3%)
$247,500 + $308,818
$556,318
2019
$5,914 (+3.3%)
$247,500 + $308,818
$556,318
2018
$5,726 (+1.2%)
$247,500 + $319,933
$567,433
2017
$5,659 (+8.0%)
$247,500 + $327,562
$575,062
2015
$5,242 (+7.9%)
$247,500 + $323,934
$571,434
2014
$4,860
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
3
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
8,250 Sq. Ft.
Year renovated
2004
Sq. Ft.
1,830
Year built
1994
Style
Single Family Residential
County
Monroe County
APN
0566 33 00075010000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 21, 2026.
Sep 2, 2027 • Final
Building
Roofing
Feb 6, 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
Parking
Parking Information
Parking Features: Open, Under Building
Open Parking Spaces: 4.0
Interior
Virtual Tour Information
Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms Total Integer: 4
Main Level Bathrooms: 3
Bedroom Information
Main Level Bedrooms: 2
Interior Features
Interior Features: Walk-In Closet(s), Upstairs Living Area
Appliances: Electric Water Heater, Electric Range, Microwave, Refrigerator
Furnished: Furnished
Flooring: Carpet, Ceramic Tile
Window Features: Storm Window(s), Single Hung Metal, Sliding
Laundry Features: Inside
Exterior
Building Information
Stories Total: 2
Building Area Total: 1,830
Building Area Source: Public Records
Construction Materials: CBS
Exterior Features
Patio And Porch Features: Patio - Covered, Deck, Patio, Porch
Property Information
Property Sub Type: Single Family Residence
Levels: Multi/Split
Property Condition: Resale
Security Features: Smoke Detector(s)
Living Area: 1,830
Road Frontage Type: Public Road
Lot Information
Road Surface Type: Paved
Waterfront YN: Yes
Waterfront Features: Ocean Access
Financial
Tax Information
Tax Annual Amount: $9,082.35
Tax Year: 2024
Parcel Number: 00075010000000
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Sewer Available, Water Available
Heating & Cooling
Has Heating
Heating: Central
Has Cooling
Cooling: Central Air, Ceiling Fan(s)
Location
Multi-Family Financial Information
Pets Allowed: Yes, No Restrictions
HOA Information
Association Amenities: Boating, Basketball Court, Dog Park, Golf Course, Jogging Path, Park, Picnic Area, Playground, Storage, Beach Club Available, Bocce Ball, Cafe/Restaurant, Pickleball Court(s), Sidewalks
School Information
Elementary School: Stanley Switlik
Middle Or Junior School: Marathon
High School: Coral Shores
Location Information
Direction Faces: East
Directions: US 1 TO SADOWSKI CSWY TO W OCEAN DR TO 8TH ST
Public facts
Beds: 3
Baths: 4.0
Sq. Ft.: 1,830
Stories: 2.0
Lot Size: 8,250 square feet
Style: Single Family Residential
Year Built: 1994
Year Renovated: 2004
County: Monroe County
APN: 0566 33 00075010000000
Home facts updated by county records on Apr 21, 2026
Around this home
Schools
K - 12
Preschool & daycare
Stanley Switlik Elementary School
Public PreK-5 • Assigned • 4.6mi
4/10
Marathon School
Public 6-12 • Assigned • 3.8mi
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)
73
64
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79
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87
79
84
77
79
73
77
70
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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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
Estimated sale price
$1.54M – $1.86M
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