511 4Th Street, Key Colony, FL 33051

$2,499,000 Asking Price

4 beds
3 baths
2,445  sqft
Built in 1973

This Key Colony Beach gem is a true coastal paradise! Nestled just a stone's throw away from the stunning Bonefish Bay, this property offers a unique blend of modern elegance and waterfront tranquility.Step inside to discover a beautifully updated interior. The kitchen is a chef's dream, boasting sleek granite countertops,stainless steel appliances, and a generously sized island that's perfect for both cooking and entertaining. The open living and dining area create a welcoming atmosphere, ideal for gatherings with friends and family.The convenience of a first-floor en suite bedroom adds a touch of privacy for guests or family members, while the second-floor master suite is a true showstopper. This expansive retreat features a sprawling master bathroom with a luxurious soaking tub and an impressively large walk-in closet.Beyond the exceptional interior, this property is a savvy investment opportunity, with a proven track record as a vacation rental, generating over $85,000 in income. It's an ideal choice for those looking to combine the joys of ownership with potential rental revenue.A water lover's dream, the property includes a 60-foot dock complete with a 15K-pound lift, granting effortless access to the pristine waters of the Florida Keys, perfect for boating and exploration.And let's not forget the added bonus of Cabana Club membership, granting access to even more amenities and recreational options.This property truly embraces the Florida Keys Lifestyle.

Features & Amenities

Interior

General:
Built-in Cabinets,Split Bedroom,Window Treatments,Walk-in Closet(s),Granite Counter Top,Drapes/Blinds Incl
Flooring:
Tile
A/C:
Ceiling Fans(s),Central Air

Exterior

General:
Fencing
Pool:
Yes, Fiberglass,In Ground

Construction

Roofing:
Metal Roof

Location

County:
Monroe

Lot

Zoning:
R-1A - Key Colony Single Family, 1077437

Utilities

Utilities:
Buyer to Verify,Municipal Sewer,FKAA,Cable Available

This listing courtesy of:
Keller Williams Capital Realty, Maria Acosta

About Marathon, FL

Housing

Number of Units
8,451
Median Home Value
$566,816
Median Rent
$1,217

42.70% of housing units are renter occupied.

39.13% are vacant.

Commute

Car
71.39%
Public Transportation
0.69%
Walk to Work
9.88%
Work from Home
14.86%
Other
1.22%

The median travel time to work is 13 minutes.

People

Population
10,848
Median Age
48.60
Median Household Size
2.34

Education

High School
26.43%
Associate’s Degree
7.90%
Bachelor’s Degree
24.39%
Graduate Degree
11.29%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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