This home's estimate is 15.4% lower than the average sale price ($1.53M) of 6 comparable homes.
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261&27 3rd St, Key Colony, FL
About this home
Looking for that great investment property? Come & see the wonderful opportunity that waits for you! Full duplex on deep water canal with approx. 50' dockage with fish cleaning table, one block from Cabana Club. Two bedrooms each side, screened porch, large yard partially fenced, plenty of parking, beautiful palms, key lime tree, and all on a quiet street. Quick & easy access to ocean. 1/ 2 of duplex comes furnished, 1/2 duplex has tenant with lease until July 1, 2004. Tenant paying $850 per month and cuts the lawn. Call for an appt today!

Redfin Estimate
Market trends in Key Colony Beach, FL
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
+0.0% MoM
Provided by Redfin
Sale history for 261&27 3rd St
$737/sq ft
$364/sq ft
$372/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: Car(s): 4+
Interior
- Interior Features
- Interior Features: Drapes/Blinds Incl, Smoke Alarms, Storage, Split Bedroom
- Flooring: Carpet, Vinyl Floor
- Windows/Doors: Sliding Glass Doors
- Cooling/Heating: Ceiling Fans, Window/Wall Unit, Heat, Central A/C
- Appliances: Dryer, Washer, Refrigerator, Range, Microwave
- Furnished: Partially
- Bathroom Information
- # of Full Baths: 3
- Specialty Room Information
- Specialty Rooms: Laundry Room
Exterior
- Exterior Features
- Porch/Balcony: Screened P/B
- Security
- Patrolled Area
- Property Features
- On Waterfront
- Waterfront Type: Canal Front
- Waterview: Canal View
- Property Information
- Deed Restrictions: Unknown
- Pets: Pets Allowed
- Lot Information
- Acres: 0.16
- Zoning: R-2A - Key Colony Two Family
- Land Size: Less Than 1/4 Acre
- Control Depth: 5
- Building Information
- Year Built: 1,974
- Building Style: Ground Level
- Construction: CBS
- Roof: Shingle Roof, Tar/Gravel Roof
- Subdivision/Neighborhood
- Subdivision: Key Colony Beach (53.5)
Financial
- Tax Information
- Taxes: $5,000
- Tax Year: 2,003
- Tax Exemptions: None
- Financial Information
- Terms: Buyer Obtain Finance, No Seller Finance
Utilities
- Utility Information
- Utilities: Community Sewer Plant, FKAA
Location
- Multi-Unit Information
- # of Total Units: 2
- Homeowners Association Information
- Fee Includes: None
- Location Information
- Side: Ocean
- Mile Marker: 54.00
- Directions: Sadowski Causeway all the way down and to the left. Turn on 3rd Street. Duplex is half way down on the left. Look for sign.
- Neighborhood Features
- Beach, Other Area Features
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Monroe County
- APN: 00072750-000000
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.
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Home values near 261&27 3rd St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1175 Sq. Ft. | $983,510 |
2 Beds | 2 Baths | 731 Sq. Ft. | $733,457 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1037 Sq. Ft. | $793,605 |
2 Beds | 2 Baths | 896 Sq. Ft. | $841,998 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1206 Sq. Ft. | $1,164,298 |
2 Beds | 1 Baths | 882 Sq. Ft. | $652,734 |
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