331 2nd St, Key Colony Beach, FL 33051
Property image
Property image
OFF MARKET

$585,900

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,100 sqft

331 2nd St, Key Colony Beach, FL 33051

Est. Refi. Payment $3,590/mo*
Refinance Your Home
Currently Off Market - Sold Mar 24, 2025 for $570,000

Home Value

Trulia Estimate
$586K
Since last month
Increased$10K (+1.8%)
Since last year
Increased$12K (+2.1%)
Since last sale
Increased$16K (+2.8%)
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 +55% in the last 10 years
MonthEstimated value
2026
September 2026$586K
August 2026$576K
July 2026$572K
June 2026$566K
May 2026$554K
April 2026$561K
March 2026$559K
February 2026$567K
January 2026$563K
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
$535,000
02/10/26
2
2
1,031
0.10
Single-Family Home
$895,000
01/06/26
2
2
1,185
0.22
Single-Family Home
$775,000
07/08/26
2
2
885
0.12
Single-Family Home
$1,175,000
04/01/26
2
2
1,433
0.05
Single-Family Home
$497,000
06/22/26
2
1
750
0.19
Single-Family Home
$825,000
05/13/26
3
2
1,184
0.19
Single-Family Home
$850,000
03/09/26
3
2
1,184

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
0.03
$797,700
3
2
1,300
Off Market
0.03
$594,000
2
2
1,031
For Sale
0.04
$535,000
2
2
1,031
Recently Sold
0.05
$497,000
2
1
750
Recently Sold
0.11
$897,900
2
2.5
1,824
Off Market
0.11
$1,080,100
3
3
1,945
Off Market
0.11
$974,800
3
3
1,945
Off Market
0.11
$962,600
3
3
1,857
Off Market
0.11
-
-
-
-
Off Market
0.11
$995,000
3
2.5
1,728
For Sale
0.11
$899,000
3
3
1,769
For Sale

Local Information

  • Map ViewExplore the area around 331 2nd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1997
1,100 sqft
$533/sqft

About this House

What's unique:Off street parkingLarge downstairs storage room
Stilted half duplex, in excellent condition and well maintained, two bedrooms, two bathrooms right across the street from East End Park. Water views of Key Colony Channel from front porch. Owner Occupied, never been rented. Large down stairs storage room, off street parking and covered Carport parking. Across the street from East End Park. Walking distance to Cabana Club, Restaurants, Shopping, Par 3 Golf Course, Fishing and Dive Boats, Sunset Park.
Great neighborhood...
331 2nd St, Key Colony Beach, FL 33051 is a 2 bedroom, 2 bathroom, 1,100 sqft single-family home built in 1997. It last sold for $570,000 on Mar 24, 2025 (2% below the $580,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $585,900, with a rent estimate of $4,238/month.
Last check for updates: about 22 hours ago
Listed by Steve M Smith, P.A.
Ocean Sotheby's International
Bought with: Alicia M. Lund, P.A., (305) 431-0577, Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys
Source: FLKMLS, MLS#612529

Home Details for 331 2nd St

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1100 Square Feet
Appliances & Utilities
Utilities: Water Separate Meter, Elect Separate Meter, Cable AvailableAppliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, DisposalDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Central Air,Ceiling Fans(s)Has HeatingHeating Fuel: Has Heating Unspecified Type
Windows, Doors, Floors & Walls
Flooring: Tile, Carpet
Levels, Entrance, & Accessibility
Floors: Tile, Carpet
View
No View
Security
Security: Security Guard

Exterior Features

Exterior Home Features
Patio / Porch: Open Porch/BalconyNo Private Pool
Parking & Garage
No Attached Garage
Frontage
Not on Waterfront

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: ResidentialProperty Subtype: Half Duplex
Building
Building: Medium - 5Ft - 9FtConstruction Materials: CBS, Frame, Combo Construction
Property Information
Parcel Number: 00072420000000

Price & Status

Price
List Price: $580,000

Active Status

MLS Status: Closed

Location

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

Building

Building Area
Building Area: 1100 Square Feet

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 3484.8 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 612529

Price and Tax history

DateEventPrice
Mar 24, 2025
Source: FLKMLS #612529
Sold
$570,000
Mar 19, 2025
Source: FLKMLS #612529
Pending
$580,000
Feb 14, 2025
Source: FLKMLS #612529
Contingent
$580,000
Jan 31, 2025
Source: MLKAR #612529
PriceChange
$580,000
Price decreased by 10%
Dec 27, 2024
Source: Key West AOR #612529
PriceChange
$645,000
Price decreased by 4%

Market trends in Key Colony Beach

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
58
2
MoM

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."

LGBTQ Local Legal Protections

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.

Frequently asked questions about 331 2nd St

  • What is 331 2nd St estimated to be worth?
    Trulia's estimated value for 331 2nd St in Key Colony Beach, FL is $585,900.
  • What is the price history for 331 2nd St?
    331 2nd St in Key Colony Beach, FL last sold for $570,000 in March 2025.
  • Is Key Colony Beach a buyer's or seller's market?
    Key Colony Beach is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 331 2nd St?
    The closest schools to 331 2nd St in Key Colony Beach, FL are Marathon School (Middle/High, rated 5/10), Stanley Switlik Elementary School (Pre-K, rated 5/10).
  • Does 331 2nd St have air conditioning?
    Yes, 331 2nd St in Key Colony Beach, FL has air conditioning.
  • Does 331 2nd St have laundry facilities?
    Yes, 331 2nd St in Key Colony Beach, FL has in-unit laundry.

Apartments for Rent

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