350 E Ocean Drive, Key Colony Beach, FL
KEY COLONY BEACH · Monroe County
Key Facts
Description
THE BEST DEAL In KEY COLONY! Rare opportunity to own a legal duplex being sold as A Single Family Home in the heart of Key Colony Beach in the beautiful Florida Keys. Located just one street off the Atlantic Ocean, 340-350 E Ocean Drive offers exceptional space, boating access, and an amazing investment opportunity with flexibility at a competitive price designed to sell. With 5 beds, 3 baths, and over 2,900 sq ft of living space, this property provides the rare opportunity to own a large waterfront home while still benefiting from the layout of a legal duplex. Sold together as a single property, it offers incredible versatility for full-time living, vacation use, or income-producing investment. Boaters will appreciate 50 ft of dockage with dual docks, allowing space for multiple vessels. Buyer and buyers agent to verify all info
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1986
Stories
2
Living Area
3,712 sq ft
Lot Size
0.13 acres
Parking Spaces
4
Zoning
RM
Days on Market
119
MLS® Listing#
B26002035
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Patio
Lot Features
Construction
Foundation
Roof
Windows
Other Structures
Utilities
Sewer
Water Source
Rooms
- Kitchen
- Kitchen
- Living Room
- Living Room
Schools
- Elementary:
- Stanley Switlik
- Middle:
- Marathon
- High:
- Coral Shores
Financial Details
HOA
None
Annual Taxes
$9,736
Tax year 2025
Assessed Value
$1,068,846
Parcel Number
00073110000000
Affordability Calculator
$310,000
Estimated monthly payment
$8,250/mo
Principal $1,240,000 · Est. interest $1,729,910 over 30 yrs
Location
Points of Interest in Key Colony Beach, FL
Showing the Key Colony Beach area map.
Nearby Schools
Martin Luther Chapel
School · 1.0 mi away
Marathon High School
Secondary · 4.1 mi away
Stanley Switlik Elementary School
Elementary · 5.0 mi away
Big Pine Academy
School · 22.0 mi away
Island Community Church
School · 28.9 mi away
Treasure Village Montessori
Elementary · 32.3 mi away
Sugarloaf School
Elementary · 32.6 mi away
Upper Keys Academic Connections for Excellence
Secondary · 34.2 mi away
Plantation Key School
Elementary · 35.1 mi away
Coral Shores High School
Secondary · 35.3 mi away
Montessori Island School
Elementary · 37.4 mi away
Ocean Studies Charter School
Elementary · 37.4 mi away
Dolphin Montessori Children's House
Elementary · 39.9 mi away
Key Largo Law
School · 44.1 mi away
Ocean Studies Charter School
Elementary · 44.9 mi away
Key West Collegiate School
Secondary · 46.7 mi away
Gerald Adams Elementary School
Elementary · 46.9 mi away
Monroe County Detention Center
Secondary · 47.3 mi away
Poinciana Elementary School
Elementary · 48.4 mi away
Sigsbee Charter School
Elementary · 48.5 mi away
Commute Calculator
Nearby Homes
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 44 Coastal Grove Way # 8, Santa Rosa Beach, FL | $1,085,000 | 4 | 4 | 2,340 |
| 7877 White Sands Blvd, Navarre Beach, FL | $1,089,000 | 4 | 2 | 2,422 |
| 265 Tropical Breeze Drive, Santa Rosa Beach, FL | $1,089,000 | 5 | 4 | 3,176 |
| 23 Summer Place Lane # 5, Santa Rosa Beach, FL | $1,089,000 | 4 | 4 | 2,340 |
| 12657 Oak Run Court, Boynton Beach, FL | $1,089,000 | 4 | 3 | 2,453 |
| 4480 SW 34th Dr, Dania Beach, FL | $1,090,000 | 5 | 2 | 2,069 |
Moving Cost Estimate
EXIT Agents in Key Colony Beach
Listing Courtesy: Coldwell Banker Schmitt RE Co - 3057435181
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.