261 3rd St, Key Colony Beach, FL 33051
Property image
Property image
FOR SALE

$869,000

  • 2 Beds
  • 2 Baths
  • 1,037 sqft

261 3rd St, Key Colony Beach, FL 33051

Est. Mortgage $5,192/mo*
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Home Highlights

Single-Family Home
Built in 1974
$838/sqft
Open Parking

Local Information

  • Map ViewExplore the area around 261 3rd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

KEY COLONY BEACH WATERFRONT GEM • 30' OF DOCKAGE • WALK TO CABANA CLUB • TURNKEY • VACATION RENTAL

Welcome to your slice of the Florida Keys in sought-after Key Colony Beach! This gorgeous 2-bedroom, 2-bath half duplex offers the perfect combination of coastal living, boating convenience, and vacation-rental potential. Ideally located just a short walk from the renowned Cabana Club.

Step inside to find a stylish, thoughtfully updated interior featuring granite countertops, stainless steel appliances, tile flooring, and quality finishes throughout. Impact windows and doors provide peace of mind while allowing plenty of natural light to fill the home.

Outdoor living is just as impressive, with 30 feet of dockage providing the perfect setup for boating, fishing, and enjoying everything the Florida Keys has to offer. After a day on the water, rinse off in the convenient outdoor shower or relax and soak in the laid-back island lifestyle.

The property is being offered fully furnished and turnkey and is currently established in the vacation rental program, making this an exceptional opportunity for an owner looking for a personal Keys getaway with rental income potential.
Last check for updates: about 1 hour ago
Listing courtesy of Katie Grace Carrillo, (305) 879-2543
LPT Realty, LLC
Source: FLKMLS, MLS#621039
Also Listed on FLKMLS.

Home Details for 261 3rd St

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1037 Square Feet
Appliances & Utilities
Utilities: Water Separate Meter, Elect Separate MeterAppliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave, Stainless Steel Appliance(s)DishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Has CoolingAir Conditioning: Central Air,Ceiling Fans(s)
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Floors: Tile
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: Open Porch/BalconyFencing: Fenced, PrivacyExterior: Outdoor ShowerNo Private Pool
Parking & Garage
No Attached GarageHas Open ParkingParking: Open,Storage
Frontage
WaterfrontOn Waterfront

Days on Market

Days on Market: 15

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: ResidentialProperty Subtype: Half Duplex
Building
Building: Short - 4Ft & UnderConstruction Materials: CBSNot a New Construction
Property Information
Condition: Updated/RemodeledParcel Number: 00072750000000

Price & Status

Price
List Price: $869,000Price Per Sqft: $838

Active Status

MLS Status: Active

Location

Direction & Address
City: Key ColonyCommunity: Key Colony Beach (53.5)

Agent Information

Listing Agent
Listing ID: 621039

Building

Building Area
Building Area: 1037 Square Feet

HOA

HOA Fee Includes: NoneNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 2613.6 sqft

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 621039

Around this home

What Locals Say about Key Colony Beach

At least 4 Trulia users voted on each feature.
  • 100 % Say it's quiet

  • 100 % Say it's walkable to restaurants

  • 91 % Say yards are well-kept

  • 90 % Say parking is easy

  • 86 % Say car is needed

  • 80 % Say it's dog friendly

  • 80 % Say people would walk alone at night

  • 78 % Say streets are well-lit

  • 57 % Say they plan to stay for at least 5 years

  • 50 % Say there's holiday spirit

  • 50 % Say there are sidewalks

  • 50 % Say there are community events

  • 50 % Say there's wildlife

  • 38 % Say kids play outside

  • 33 % Say neighbors are friendly

  • 33 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • David Sloan
    "Lived here for over a month, almost everyone is friendly as well as mostly pet friendly. I own a pitbull that is my service dog, majority comes up to love him him, few assume he isn’t friendly."
  • L. F.
    "Not many children live here. Lots of vacation and rental homes. They have occupants changing all the time or they stand empty for months on end. "
  • LWF
    "Sunday afternoon live concerts in the park in winter. Craft fairs. The Christmas boat parade. The fishing club puts on an annual spring clambake."
  • Dm2953
    "Key Colony Beach is a community minded incorporated small city with parks, its own sewer system, police, and safety."

Market trends in Key Colony Beach

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
60
1
MoM

Home Value

Trulia Estimate
$835K
Since last month
Increased$4K (+0.5%)
Since last year
Increased$8K (+0.9%)
Since last sale
Decreased$35K (-4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +67% in the last 10 years
MonthEstimated value
2026
September 2026$835K
August 2026$854K
July 2026$831K
June 2026$832K
May 2026$828K
April 2026$823K
March 2026$815K
February 2026$817K
January 2026$801K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$895,000
01/06/26
2
2
1,185
0.04
Single-Family Home
$535,000
02/10/26
2
2
1,031
0.15
Single-Family Home
$775,000
07/08/26
2
2
885
0.05
Single-Family Home
$1,175,000
04/01/26
2
2
1,433
0.16
Single-Family Home
$850,000
03/09/26
3
2
1,184
0.16
Single-Family Home
$825,000
05/13/26
3
2
1,184
0.45
Single-Family Home
$750,000
09/17/25
2
2
900

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$864,000
2
2
1,037
For Sale
0.03
-
-
-
-
Off Market
0.03
$350,000
-
-
-
Recently Sold
0.03
$1,495,000
4
4
1,536
For Sale
0.00
$866,900
2
2
1,037
Off Market
0.04
$535,000
2
2
1,031
Recently Sold
0.05
$789,000
2
2
900
For Sale
0.03
$690,100
2
2
1,573
Off Market
0.05
$801,900
3
2
1,300
Off Market
0.05
$497,000
2
1
750
Recently Sold
0.04
$895,000
2
2
1,185
Recently Sold

Price and Tax history

DateEventPrice
Aug 21, 2026
Source: FLKMLS #621039
Listed For Sale
$869,000
Sep 15, 2023
Source: N/A
Sold
$870,000
Sep 4, 2020
Source: FLKMLS #591542
Sold
$540,000
Jul 28, 2020
Source: Agent Provided
PriceChange
$564,500
Price decreased by 2%
Jul 3, 2020
Source: Agent Provided
Listed For Sale
$575,000

LGBTQ Local Legal Protections

Katie Grace Carrillo, LPT Realty, LLC
Agent Phone: (305) 879-2543
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys MLS.

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Frequently asked questions about 261 3rd St

  • What is the estimated monthly payment for 261 3rd St?
    Based on a $869,000 list price with 20% down at today's rates, the estimated monthly payment for 261 3rd St in Key Colony Beach, FL is approximately $5,240 (about $4,571 principal & interest, $594 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 261 3rd St?
    The closest schools to 261 3rd St in Key Colony Beach, FL are Marathon School (Middle/High, rated 5/10), Stanley Switlik Elementary School (Pre-K, rated 5/10).
  • What is 261 3rd St estimated to be worth?
    Trulia's estimated value for 261 3rd St in Key Colony Beach, FL is $835,200.
  • Does 261 3rd St have air conditioning?
    Yes, 261 3rd St in Key Colony Beach, FL has air conditioning.
  • Does 261 3rd St have laundry facilities?
    Yes, 261 3rd St in Key Colony Beach, FL has in-unit laundry.
  • Does 261 3rd St have a yard?
    Yes, 261 3rd St in Key Colony Beach, FL has a yard.
261 3rd St, Key Colony Beach, FL 33051 is a 2 bedroom, 2 bathroom, 1,037 sqft single-family home built in 1974. This property is currently available for sale and was listed by FLKMLS on Aug 21, 2026. The MLS # for this home is MLS# 621039.