INVESTMENT OPPORTUNITY! Established Vacation Rental, Buy today and enjoy the rental income. Spacious 37.5 feet of concrete boat dockage. Large Screened Porch, Tiki Hut, and deck provide plenty of space for outdoor entertaining! Ample parking, 5+cars, or boat trailer. Flow into the beautifully remodeled interior with granite countertops and stainless steel appliances in the kitchen. Opens to the living room with water views! Modern updated bathrooms, and well appointed bedrooms. Know as the ROCK LOBSTER BUNGALOW, this home is located across the street from the Golf Course, and Park, complete with playgournd, , bocce ball, and more. Nearby City Hall, restaurants, Cabana Club, and walking trails. Easy Ocean and Gulf boating access. Sportfishing or kayaking in your back yard.
Single-familyProperty Type
1970Year Built
4,125 sq ftLot Size
$996Est. Price/Sq.Ft.
4 spacesParking
Listed by Elaine Zimmerman• Coldwell Banker Schmitt Real Estate Co.
Bought with Derrick Johnson• Coco Plum Real Estate
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Earn from this home
Rent
$2,253/mo
Redfin rental estimate
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Market trends in Key Colony Beach, FL
Last updated October 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-list price
94.5%
+0.4% MoM
Median sale price
$1.3M
$10K MoM
Avg. days on market
230d
27 days MoM
Recently sold homes
14
3 MoM
Provided by Redfin
Sale history for 341 8Th St
Date
Event
Price
FLKMLS #583243
Oct 7, 2019
Sold
$515,000
$572/sq ft
Dec 13, 2018
Listed
$532,000
$591/sq ft
FLKMLS #571272
Nov 30, 2016
Sold
$467,500
$519/sq ft
Jun 27, 2016
Listed
$499,000
$554/sq ft
+65
ROCK LOBSTER BUNGALOW Beautifully remodeled inside and out & one of the most sought after rental properties on Key Colony Beach. All tile floors, gorgeous bathrooms, kitchen with granite & stainless appliances, plus center Isle eat-at bar. Huge Florida room/screen porch connected to living room and kitchen with French doors. Tiki plus lg. patio off the 37.5 ft. dock-seconds to open water. Located adjacent to a beautiful Par 3 Golf Course. Walking distance to ocean front Sunset Park, tennis courts, basket ball, and shuffle board. Key Colony is it's own little City. It has it's own post office and city hall, four great restaurants, Cabana Club with beach & pool, dive shop, boat rentals, and gift boutique. Everything you could possibly want within walking distance. This property is a vacation rental home with an outstanding rental history and rental reservations extending into 2017. If you are looking for an income property that you will enjoy as much as your guests, this is it. Property grosses nearly $50 K per year with seller taking one week every month for himself.
FLKMLS #557573
Jun 30, 2012
Sold
$300,000
$333/sq ft
Mar 15, 2012
Listed
$325,000
$361/sq ft
+15
Ground level half duplex with 37.5 ft. concrete dock & seawall on beautiful oceanside canal. Minutes to Gulf thru Vaca Cut Bridge. Large screen porch on south side plus a storage shed for fishing gear, ect. Nice interior with remodeled kitchen and master bath. Living room has sliding glass doors that open onto canal side. Located across street from K. C. B. Golf Course.
As the MLS and public records start to fill up, we'll list the details here.