About 320 5th Street
Spacious and sophisticated waterfront home situated on a wide canal with desirable eastern exposure, offering serene views of the in-ground pool and 100-foot-wide canal. Designed for both entertaining and everyday comfort, the home features a covered patio on the lower level and a generous wooden deck on the upper level, connected by elegant spiral stairs leading to a dedicated entertainment area below. The newly updated upstairs kitchen is bright, modern, and exceptionally spacious, anchoring the upper-level living space. This five-bedroom, three-bathroom residence is thoughtfully laid out with two bedrooms and two bathrooms upstairs, and three bedrooms with one bathroom downstairs--ideal for extended family, guests, or rental flexibility. A circular paver driveway provides ample parking, while separate living areas on each floor enhance privacy and functionality. The Corian kitchen, expansive layout, and waterfront lifestyle make this property suitable as a large family home, corporate retreat, or high-performing vacation rental. Complete with a private boat lift and quick access to the Atlantic Ocean, this home delivers the full waterfront experience--whether as a permanent residence or an income-generating investment.
Features of 320 5th Street
| MLS® # | 618755 |
|---|---|
| Price | $1,875,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,234 |
| Acres | 0.15 |
| Year Built | 1971 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | A-Frame |
| Status | Active |
Community Information
| Address | 320 5th 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 | Fire Hydrant, Bike Paths |
|---|---|
| Utilities | FKAA, Community Swr Plant, Buyer to Verify, Cable Available |
| Parking | Assigned Parking, Open Parking |
| View | Canal View |
| Is Waterfront | Yes |
| Waterfront | Canal Front |
| Has Pool | Yes |
| Pool | In Ground |
Interior
| Interior Features | Entrance Foyer, Built-in Cabinets, Smoke Alarms, Storage, Walk-in Closet(s), Other |
|---|---|
| Appliances | Dishwasher, Oven, Microwave |
| Cooling | Central Air, Wall/Window Unit(s), Ceiling Fans(s) |
| Fireplace | No |
| Stories | 2 Stories |
| Has Basement | No |
Exterior
| Exterior Features | Privacy Wall/Fence, Storage |
|---|---|
| Lot Description | Less Than 1/4 Acre |
| Windows | Single Hung Windows, Sliding Glass Doors |
| Roof | Metal Roof |
| Construction | Frame, Combo Construction |
Additional Information
| Date Listed | February 21st, 2026 |
|---|---|
| Days on Market | 109 |
| Zoning | COZ - Key Colony County Zoning |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Baris Leyla |
|---|---|
| Office | Coastal Collection Real Estate Inc. |