This home's estimate is 0.3% higher than the average sale price ($736K) of 6 comparable homes.
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231 3rd St, Key Colony, FL 33051
About this home
Absolutely adorable Keys bungalow that you'll fall in love with instantly. Nicely renovated and sold furnished. 1 bedroom but also has a 2nd den/bedroom (no closet or window) which would also work great as a home office. Immaculate condition and in the rental program. 2020 grossed $30K and should do better in 2021 with the Keys fully opened to tourists. Outside is plenty of Keys charm with your own tiki hut and dockage for your boat. Walking distance to Havana Jack's and the Cabana Club. And a great community for hopping on your bike and taking a ride! You'll love Key Colony Beach for it's resort feel with restaurants, shops, 9-hole golf course, oceanfront park and more!

Redfin Estimate
Market trends in Key Colony Beach, FL
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Provided by Redfin
Sale history for 231 3rd St
$1,093/sq ft
$1,231/sq ft
$1,231/sq ft
$706/sq ft
$703/sq ft
$707/sq ft
$530/sq ft
$650/sq ft
$855/sq ft
$564/sq ft
$601/sq ft
$718/sq ft
$888/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking / Garage Information
- Vehicle Storage: Off Street Parking, Open Parking
Interior
- Virtual Tour
- Interior Features
- Interior Features: Drapes/Blinds Incl, Quartz Countertops
- Flooring: Tile Floor
- Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Impact Rstnce Window
- Cooling/Heating: Ceiling Fans, Central A/C
- Appliances: Dishwasher, Washer, Stainless Steel Appl, Refrigerator, Range, Oven, Microwave, Dryer
- Furnished: Furnished
- Bathroom Information
- # of Full Baths: 1
- # of Half Baths: 1
Exterior
- Boat Slip/Dock Information
- Dockage: Dock Length: 30
- Dockage: Seawall: Concrete
- Dockage: Dock: Wood
- Exterior Features
- Exterior Features: Chickee Hut
- Porch/Balcony: Patio
- Security
- Patrolled Area
- Property Features
- On Waterfront
- Waterfront Type: Canal Front
- Waterview: Canal View
- Property Information
- Property Condition: Updated/Remodeled
- Deed Restrictions: Yes
- Pets: Pets Allowed
- Rentals Allowed: Yes
- Min Rental Days: 7
- Lot Information
- Acres: 0.06
- Zoning: R-2B - Key Colony Two Family
- Land Size: Less Than 1/4 Acre
- Control Depth: 4
- Flood Zone: AE
- Building Information
- Year Built: 1,966
- Sq. Ft. Source: Property Data Card
- Building Style: Stories: 1
- Building Style: Above Flood: Unknown
- Construction: CBS
- Roof: Metal Roof
- Subdivision/Neighborhood
- Subdivision: Key Colony Beach (53.5)
- Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Financial
- Tax Information
- Taxes: $3,703.35
- Tax Year: 2,020
- Tax Exemptions: None
- Financial Information
- Terms: Cash, Conventional
Utilities
- Utility Information
- Utilities: Cable Available, Water Separate Meter, Elect Separate Meter, Municipal Sewer, FKAA
- Has Public Sewer Hook-up
Location
- Multi-Unit Information
- # of Total Units: 1
- Homeowners Association Information
- Association Info: 1st Right of Refusal: No
- Association Info: Association Fee $: 0.00
- Fee Includes: None
- Location Information
- Side: Ocean
- Mile Marker: 53.50
- Directions: US 1 to Sadowski Causeway, left on E. Ocean Drive, left on 3rd St. Property on left.
- Neighborhood Features
- Beach, Other Area Features, Tennis Courts, Bike Paths
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Monroe County
- APN: 00072730-000000
Around this home
Schools
Public PreK-5 • Assigned • 5.0mi
Public 6-12 • Assigned • 4.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
We're working on getting current and accurate heat risk information for this home.
99% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
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.
Sell confidently with a local market expert in Key Colony. 3 minutes to get started.
Nearby similar homes
Home values near 231 3rd St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1175 Sq. Ft. | $992,820 |
2 Beds | 2 Baths | 731 Sq. Ft. | $717,541 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1037 Sq. Ft. | $818,897 |
2 Beds | 2 Baths | 896 Sq. Ft. | $839,173 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1206 Sq. Ft. | $1,160,829 |
2 Beds | 1.5 Baths | 811 Sq. Ft. | $982,809 |
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