About 461 & 471 3rd Street
Revive your spirits with this fully furnished, well-established vacation rental on track to deliver approx. $150k/yr. in rental income! This turnkey, above flood duplex features two bright and spacious 3 bed/2 bath units, each with private entrances & parking and a combined 60 ft. of deep water dockage with immediate ocean access! Lush tropical landscaping and privacy fencing create two distinct outdoor canal side living spaces. Ideally located just a 1/4 of a mile from the beloved Cabana Club which offers a private beach, Olympic-size pool plus bar & grill (membership required). Come enjoy this friendly-walkable community offering restaurants, shops and picturesque beaches just steps from your door! Ready for immediate use or continued rental success! *Hot tub shown in photos is being removed.
Features of 461 & 471 3rd Street
| MLS® # | 615206 | 
|---|---|
| Price | $1,948,000 | 
| Bedrooms | 6 | 
| Bathrooms | 4.00 | 
| Full Baths | 4 | 
| Square Footage | 2,528 | 
| Acres | 0.16 | 
| Year Built | 1997 | 
| Type | Residential | 
| Sub-Type | Duplex | 
| Status | Active | 
Community Information
| Address | 461 & 471 3rd Street | 
|---|---|
| Area | 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony | 
| Subdivision | Key Colony Beach (53.5) | 
| City | KEY COLONY | 
| County | Monroe | 
| State | FL | 
| Zip Code | 33051 | 
Amenities
| Amenities | Tennis Courts, Bike Paths, Beach | 
|---|---|
| Utilities | FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer, Community Swr Plant | 
| Parking Spaces | 4 | 
| Parking | RV Parking Open, Trailer Storage | 
| View | Canal View | 
| Is Waterfront | Yes | 
| Waterfront | Canal Front | 
| Has Pool | No | 
Interior
| Interior Features | Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Storage | 
|---|---|
| Appliances | Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer | 
| Cooling | Central Air, Ceiling Fans(s) | 
| Fireplace | No | 
Exterior
| Exterior Features | Fencing, Privacy Wall/Fence | 
|---|---|
| Lot Description | Less Than 1/4 Acre | 
| Windows | Single Hung Windows, Sliding Glass Doors | 
| Roof | Metal Roof | 
| Construction | CBS | 
Additional Information
| Date Listed | May 28th, 2025 | 
|---|---|
| Days on Market | 159 | 
| Zoning | R-2A - Key Colony Two Family | 
| Short Sale | No | 
| RE / Bank Owned | No | 
| HOA Fees | 0.00 | 
Listing Details
| Agent | David N. Grego | 
|---|---|
| Office | Island Breeze Realty, LLC | 
