305-609-4190
350 11th St, Key Colony FL 33051
Active Single Family Residence Waterfront

350 11th St, Key Colony FL 33051

Key Colony, FL, 33051

$999,000

Est. $5,051/mo (20% down)

2
Beds
2
Baths
1,288
Sq Ft
1980
Year Built
Lot Sq Ft
1
Garage

Photo Gallery (49 photos)

About This Property

Welcome to your own slice of paradise in the heart of Key Colony Beach! This well-maintained 2-bedroom, 2-bath half duplex offers the ideal blend of comfort, convenience, and the coveted Florida Keys boating lifestyle. The bright, open floor plan creates an inviting space for entertaining and everyday living, while the wraparound balcony provides the perfect place to enjoy the island breeze and relax outdoors. Boaters will appreciate 37.5 feet of dockage with quick access to both the Atlantic Ocean and the Gulf of America through nearby Vaca Cut, making it easy to enjoy world-class fishing, diving, and waterfront adventures. The attached garage provides ample space for parking, storage, and all of your fishing and boating gear. The backyard features desirable easterly exposure, allowing you to enjoy beautiful morning sun and cooler afternoons. Located in one of the Florida Keys' most sought-after waterfront communities, you'll be just moments from Key Colony Beach's exceptional amenities, including Sunset Park, the par-3 golf course, waterfront restaurants, scenic walking and biking paths, pickleball and tennis courts. Whether you're searching for a full-time residence, vacation retreat, or investment opportunity, this waterfront gem offers everything you need to experience the relaxed island lifestyle that makes Key Colony Beach so special.

Property Details

MLS #

A12057247

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1980

Days on Market

41

Pool

No

Waterfront

Yes

Price / Sq Ft

$776

HOA Fee

None

Est. Insurance

$333/mo

Tax Year

2025

Tax Amount

$6,407

Garage

1 Car

Lot Size

MLS Area

Key Colony Beach 1st Add

Subdivision

KEY COLONY BEACH 1ST ADD

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$6,993
Est. Monthly Rent
0.6%
Cap Rate
3.2%
Cash-on-Cash
$6,488
Net Operating Income

ROI Projections (4% Annual Appreciation)

125%
5-Year ROI
Value: $1,215,436
273%
10-Year ROI
Value: $1,478,764
449%
15-Year ROI
Value: $1,799,143

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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