THE BEST DEAL In KEY COLONY! Rare opportunity to own a legal duplex being sold as A Single Family Home in the heart of Key Colony Beach in the beautiful Florida Keys. Located just one street off the Atlantic Ocean, 340-350 E Ocean Drive offers exceptional space, boating access, and an amazing investment opportunity with flexibility at a competitive price designed to sell. With 5 beds, 3 baths, and over 2,900 sq ft of living space, this property provides the rare opportunity to own a large waterfront home while still benefiting from the layout of a legal duplex. Sold together as a single property, it offers incredible versatility for full-time living, vacation use, or income-producing investment. Boaters will appreciate 50 ft of dockage with dual docks, allowing space for multiple vessels. Buyer and buyers agent to verify all info

Based on information submitted to BeachesMLS as of June 25, 2026 2:21 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Tax Information

Tax Legal Description BK 3 LT 45 KEY COLONY BEACH PB3-120 SHELTER KEY OR506-1061 OR561-541 OR914-2331/34 OR919-1850/51 OR919-1852 OR929-1399 OR929-1400 OR929-1401
Tax Year 2025
Taxes$9,735

Location

Address350 E Ocean Drive
AreaOther Florida County
Building Number350
CountyMonroe
StateFL
StreetE Ocean Drive
SubdivisionKey Colony Beach
TownKey Colony Beach

Interior

Flooring Vinyl
Furnished Furnished

Utilities

Heat SystemFloor Furnace
Heating YN Yes
Utilities Electricity Connected, Sewer Connected, Water Available
Waste Water DisposalPublic Sewer

Water Body

Water AccessPublic
Water FeaturesCanal Access, Canal Front, Ocean Access
WaterfrontYes

Other

Date Listed03/14/2026
Possession Close Of Escrow
Special Listing Conditions Standard

School Information

Elementary SchoolStanley Switlik
High SchoolCoral Shores
Junior HighMarathon

Basic Information

List Price$1,550,000
BeachesMLSB26002035
Modification Date06/23/2026
Property SubTypeSingle Family Residence
Property TypeResidential
StatusActive
Virtual TourView Tour

Exterior

Exterior Features Balcony, Outdoor Living Area
RoofMetal

Property Information

Acreage0.13
Frontage Length Remarks 50
Frontage Type Waterfront
Lot Features < 1/4 Acre
Patio And Porch Features Covered, Deck, Open, Porch, Balcony
Property Condition Resale
Property Sub Type Additional Single Family Residence
Property View DescriptionCanal, Ocean
Square Feet2,918
View YN Yes

Parking

Open Parking Spaces 4
Parking Features Concrete
Parking Total 4

Rooms

Bathroom3
Bedrooms5
Full Bath3
Laundry Features Lower Level
Main Level Bathrooms 3
Main Level Bedrooms 5

Building

Building ConstructionFrame
FoundationPillar/Post/Pier
Stories2
Structure Type House
Window Features Storm Window(s)
Year Built1986

Amenities

Appliances IncludedDryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Water Heater, Washer
Cooling Central Air, Ceiling Fan(s)
Cooling YN Yes
Other AmenitiesWaterfront, Water View
PetsNo Pet Restrictions, Yes

Legal

Parcel Number 00073110000000
Universal Parcel Id urn:reso:upi:2.0:US:12087:00073110000000

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Grier Allen

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