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Key Colony Waterfront Homes for Sale, Single Family Houses, Open Water, Ocean and Bay / Gulf Views

Key Colony waterfront homes for sale are quite popular within the Florida Keys real estate market.  In fact, the majority of the MLS listings in Key Colony tend to be waterfront properties.  Choices for real estate include Key Colony oceanfront houses and bayfront homes in Key Colony, as well as homes located on a canal.  Wherever they are located, waterfront or water view homes in Key Colony provide outstanding views, great amenities, and an exceptional living experience.  Browse all waterfront real estate listings in Key Colony.

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Total Listings 41
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$449,000
Key Colony
Coury Subdivision   - MM: 53.50
5 Bed, 5 Baths, 3,545 SqFt Days Listed: 42
Fractional Ow - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 30ft.

New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. Blue skies and coastal waterways await at Sunset Park. This Key Colony Beach waterfront home offers direct access to both the Gulf of Mexico and the Atlantic. Located less than an hour from the Key West airport, its a turnkey retreat in an ideal setting.Set within a gated community, Sunset Park offers a peaceful environment with nearby amenities. Explore the area by bike or enjoy the Pickleball and Tennis courts just minutes from the property.From the great room, sliding doors open to a large covered outdoor kitchen and dining area, plus an east-facing pool and patio. Inside, the gourmet kitchen is outfitted with Thermador appliances, a generous island, and ample counter space. The upstairs family room includes a wet bar and access to a balcony with canal views. The primary suite features a spa-like en suite with dual vanities, a soaking tub, and tiled shower. Four additional bedrooms and bathrooms offer plenty of space for guests. The home comes furnished and professionally decorated.

$499,000
Key Colony
Coury Subdivision   - MM: 53.50
5 Bed, 5 Baths, 3,545 SqFt Days Listed: 66
Fractional Ow - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 30ft.

Own 1/8 of this professionally managed, turnkey waterfront retreat in Key Colony Beach--The Gem of the Florida Keys--at a fraction of the cost! This is not a timeshare, but true real estate ownership, allowing you to enjoy luxury homeownership in the Keys with hassle-free management.Surrounded by pristine waterways, this newly constructed 2021 home sits on a prime 80 ft wide waterfront lot and offers direct boating access to both the Gulf and the Atlantic Ocean. A 30-foot private dock awaits out back--ideal for your boats, jet skis, paddleboards, or launching into the open water for a day of fishing and fun.After a day on the water, relax in your concrete in-ground pool, perfectly positioned on the east-facing patio for shaded afternoons. The expansive covered outdoor kitchen and dining area create a seamless indoor-outdoor lifestyle, perfect for entertaining or simply unwinding in style.Inside, the open-concept great room connects effortlessly to the gourmet kitchen, a chefs dream with premium Thermador appliances, a large island, and ample counter space. Upstairs, a cozy family room with wet bar opens to a private balcony overlooking the peaceful canal.The primary suite offers a spa-like retreat with a dual sink vanity, soaking tub, and tiled walk-in shower. With four additional bedrooms and bathrooms, theres plenty of room for family and guests to enjoy in comfort.Fully furnished and professionally decorated, this luxury home is maintained by a dedicated management team--providing the ultimate in stress-free ownership. Whether youre looking for a second home or a smart vacation rental investment, your waterfront paradise is waiting. Schedule your private tour today!

$549,000
Key Colony
Cay Condo   - MM: 53.50
2 Bed, 2 Baths, 1,475 SqFt Days Listed: 17
Condo - Active - Waterfront Yes
Side of Island: Ocean - Dockage: None

Island Living Made Easy! Just steps from the ocean and a private white sand beach, this fully furnished, rental ready townhouse-style condo offers spacious living and partial ocean views. Enjoy resort-like amenities including a heated pool, beachfront tiki, oceanfront clubhouse, and sunset deck. Newer impact windows and doors keep this elevated condo quiet and cool year round, its generously proportioned interior is open and lives like a single family home with both sizable bedrooms & renovated full baths tucked away upstairs. Its central Key Colony Beach location allows for easy walks or bikes rides to restaurants, golf, tennis, parks, and more!

$649,900
Key Colony
Misc Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 1,076 SqFt Days Listed: 81
-7.14% ($50,000) 1 Price Change : Last Change 20 Days Ago
Half Duplex - Contingent - Waterfront Yes
Side of Island: Ocean - Dockage: Other Dockage37ft.

Welcome to 710 10th Street, a charming canal-front home in the heart of Key Colony Beach. To help visualize this homes floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.This delightful 2-bedroom, 2-bathroom residence offers the perfect blend of comfort, waterfront living, and investment potential.Step inside to find a cozy layout. The living area and kitchen flow together well. This creates a warm space for relaxing and entertaining. The home maintains much of its original charm, with plenty of opportunity to add your own personal touches.Situated on a canal, this property provides direct water access, making it an ideal retreat for boating enthusiasts. The backyard offers endless potential for creating a private outdoor oasis, whether you envision a patio for alfresco dining or a lush tropical garden.Located in the picturesque community of Key Colony Beach, this home allows for weekly rentals, offering a fantastic opportunity to generate income when not in use. Its prime location near local dining, attractions, and recreational activities makes it highly desirable for vacationers seeking the perfect Florida Keys getaway.Whether youre looking for a full-time residence, a vacation retreat, or an income-producing rental property, 710 10th Street is a rare find in one of the most sought-after areas of the Keys.EMD 10% for cash, 1% for financed or 1k minimum whichever is greater.BUYERS AGENT IS TO PAY A $200.00 PLUS SALES TAX OFFER MANAGEMENT FEE AT CLOSING OF ANY ACCEPTED OFFER.OFFERS must be submitted on PropOffers.com

$720,000
Key Colony
Key Colony Beach Botel   - MM: 53.50
2 Bed, 2 Baths, 938 SqFt Days Listed: 214
-0.69% ($5,000) 1 Price Change : Last Change 68 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 20ft.

This delightful waterfront 2 bedroom 2 bath half-duplex in Key Colony Beach has great boating access to the Ocean or Gulf for all your water activities. Weekly rentals in place making this a great Investment Property. STR approved for 7 night minimum. Dock can accommodate up to an 18 ft. boat. Withing walking distance to the Beach, Shops and great restaurants (text me and Ill tell you my favorites)!

$725,000
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 1,080 SqFt Days Listed: 89
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.Concrete

FULL Duplex also available. Opportunity Knocks for you to create your Island Home on 11th St in Key Colony Beach. Both half and full duplex now available, 460 & 470, rent one live in the other! Wide open living, dining and kitchen. Big primary bedroom with updated bath. Private guest bedroom and hall bath plus, lots of storage. Screened porch and 37.5 ft canal front with step down dock. Plenty of room to add a pool. ONLY 5 minutes or less to the open ocean and gulf. HUGE carport and lots of parking covered and uncovered to complete your tropical escape.

$725,000
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 1,080 SqFt Days Listed: 89
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.Concrete

NOW Available half (or full!) duplex on 11th St in KCB. 460 11th also available! Design and create your island escape in the bright, open floor plan that is east facing for sunny mornings and shady afternoons on the great screened porch or 37,5 ft dock. Two roomy bedrooms and 2 full baths. Plenty of room to add a pool. Perfectly located with the boater and angler in mind with a concrete dock, on deep & wide canal. All just five minutes to the open ocean and gulf. Come home to paradise here on Key Colony Beach where you can walk or bike the entire city to the marina, post office, city hall, Sunset Park, 3 restaurants, play golf, pickle ball, tennis, bocce ball, horseshoes & basketball. Here is your blank canvas in paradise on Key Colony Beach.

$853,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 1,020 SqFt Days Listed: 67
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 33ft.Concrete

Great weekend getaway, retirement home or vacation rental on 9th Street in Key Colony, the GEM of the Florida Keys. Lovingly maintained, updated and enjoyed by same family for over 40 years! Upon walking in the front door your eyes will be immediately drawn to the views of the wide, deep canal. This open living room, dining room and kitchen flow easily onto the spacious, covered porch where your tropical lifestyle has been extended. Dock your boat &/or jet skis at this 33 ft dock, where you can easily launch your Kayak or Paddleboard, or throw a line over and catch fish right off your step-down dock. The brief cruise to Vaca Cut is less than 10 minutes and you will arrive at the open ocean and open gulf. Since both 271 and 261 are now available, buy one for you and rent the other for your Vacation Rental Investment Property. KCB has biking and walking paths throughout the 15 street City, marina, 3 restaurants, Golf, Pickle Ball, Tennis, Basketball, Bocce Ball, Horseshoes, Playgrounds, Post Office, Police Dept and Sunset Park. Come see what living in Paradise can be for you, your friends and family! It is time to make tropical memories here, in paradise.

$880,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 1,185 SqFt Days Listed: 108
-2.11% ($19,000) 1 Price Change : Last Change 2 Days Ago
Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.

Welcome to The Keys Escape! This fully renovated two bedroom/two bathroom waterfront gem is located on a quiet dead end street on the south side of Key Colony. Impact windows and doors, stainless steel appliances, new floors and a brand new kitchen are just a few of the upgrades done to this property. Enjoy unrestricted access to both the ocean side as well as the gulf side for endless water activities. Property boasts hundreds of 5 star reviews on numerous rental platforms and has a track record of high occupancy with many guests revisiting year after year. Whether youre looking for a personal residence or an investment property- or a little bit of both- this property has it all.

$890,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 1,020 SqFt Days Listed: 21
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 42ft.Concrete

Full or Each Half Duplex - Now Available!If you need a bigger dock than most 1/2 duplexes in Key Colony Beach, here it is.... This 42 ft Dock with concrete seawall and wooden step down dock s ready for you and your BIG Boat! Plus, an exceptionally maintained family owned, by same family for over 40 years. The pride and care given to this Keys residence is obvious upon entering the open concept kitchen, dining and living room. The big impact slider and large living room window create a bright open space with amazing views of the 100 ft wide canal. These refreshing water views will lure you out onto the covered porch for entertaining, dining and relaxing. Now you and your family are invited to create wonderful memories too! Anglers, boaters, divers and nature lovers will appreciate the brief 5 minute cruise to the open ocean and open gulf. Ideally located to several airports: only 10-15 minutes to Marathon Intl, just over an hour to Key West Intl, 2 hrs to Miami Intl Airport or 2.5 hrs to FLL Intl. Come home to Key Colony Beach, the GEM of the FL Keys. Here you can bike on the entire, 15 Street City, enjoy Pickle Ball, Golf, Marina, 3 Playgrounds, Bocce Ball, Horseshoes, Post Office, 3 Restaurants and Sunset Park. Paradise is waiting for you here....this island life CAN be YOURS!

$925,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 1,318 SqFt Days Listed: 13
Half Duplex - Contingent - Waterfront Yes
Side of Island: Ocean - Dockage: n/a

Enjoy the best of coastal living in beautiful Key Colony Beach! Lovely renovated two bedroom and two bath canal front home. Enjoy the bright open floor plan with views of the canal. Updated kitchen with tranquil colors throughout the home. Call today for your private tour!

$960,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 908 SqFt Days Listed: 27
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.Concrete

Are you looking for a home in the heart of the Florida Keys? This one could be YOURS! This immaculate two bedroom, two bath half duplex in Key Colony Beach has it all! 37 1/2 ft. Dock, Tranquil salt water pool, tiki hut, screened porch, putting green, and plenty of parking with paver driveway! The home has been updated with a new roof 2023, new air 2022, appliances, washer, dryer, pool pump and heater! Quick access to the ocean and Gulf. Call today for your private tour of this beauty!Insurance as follows:Flood $5,711.00Wind $2,395.31Citizens $7,234

$975,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 960 SqFt Days Listed: 46
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.

Paradise found! You will fall in love with everything this ABOVE FLOOD TURN-KEY waterfront half duplex has to offer....situated in a prime location in renowned Key Colony Beach. Steps from the GOLF clubhouse, TENNIS/pickle ball courts, trailer storage area and only a quick boat ride to the Ocean or Gulf side (via the Vaca Cut). This CBS built 2 bed/ 2 bath home comes with your very own backyard POOL oasis and well maintained 37.5 Ft. CONCRETE dock. Privacy fencing and an expensive shaded LANAI make this home the perfect place to enjoy all the ocean breezes that surround you. Other notable features include; a METAL roof, IMPACT windows and doors, HIGH cathedral ceilings with character and a modern coastal kitchen with stainless steel appliances and stone counter tops. LOW insurances and plenty of room to park multiple cars and storage area under the home. Enjoy the bike/walking paths with a quick ride to sunset park. Island is very safe and family friendly. This property is currently a vacation rental and will make a great second home/primary home or investment property. Call today, because with so many PERKS under $1M, this property will NOT last!!!

$985,000
Key Colony
Key Colony Beach Botel   - MM: 53.50
2 Bed, 2 Baths, 1,290 SqFt Days Listed: 160
Single Family - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 40ft.Concrete

A sought-after opportunity to own a single-family home in Key Colony Beach at this price point--an excellent alternative to a half-duplex. This bungalow-style 2-bedroom, 2-bath home features vaulted ceilings throughout and a bright, updated interior. The open living area extends to a back patio with beautiful sunset views, creating the perfect spot to unwind. With 40 feet of dockage and direct ocean access, boating, fishing, and exploring the water are right at your doorstep. Weekly vacation rentals are permitted, making it a great option for personal use or investment. Located in Key Colony Beach, a sought-after enclave offering a marina, golf course, pickleball and tennis courts, bocce, playgrounds, walking and biking paths, and waterfront dining, this home delivers the best of island living at an exceptional value.

$1,125,000
Key Colony
Key Colony Beach Yacht   - MM: 53.50
2 Bed, 2 Baths, 990 SqFt Days Listed: 66
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Boat Lift50ft.Concre

Seller is now offering Private FINANCING and can be creative with 50% down.(ex: 7%-5-15 yr balloon) YOU HAVE A BIG BOAT? No Problem - Bring your 50 footer and dock it here on this 200 ft wide, deep canal with 18,000 lb boat lift. Ideally located for the angler, diver and boating enthusiast only 5 minutes to Vaca Cut, the open Ocean and the open Gulf.This beautifully updated island retreat has so much for you... Unique and ingenious patio with remote controlled, roll down shutters and cooling/mist system adjacent to your private heated & chilled pool. Perfect for entertaining or relaxing with friends and family as you enjoy the pure pleasure of this extended living & dining area, as you gaze at the wide, clear canal. There are 2 private bedrooms and an additional sleeping area, which is a must see to truly appreciate this excellent use of space. The custom kitchen and bathrooms complete your island home, weekend getaway or vacation rental in the middle Keys. No neighbors only the golf course, pickle ball, tennis, bocce ball, basketball and playgrounds across the street. Also you can walk or bike the entire city to marina, 3 restaurants, post office, city hall, Dog Park, Sunset Park and more. Easy access to four airports. Fly into the Marathon Airport (6 miles) Key West Intl Airport (46 miles ), Miami Intl Airport (87 miles) or Ft Lauderdale Intl Airport (108 miles) Come home to your piece of paradise in Key Colony Beach, the GEM of the Florida Keys.

$1,170,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
3 Bed, 3 Baths, 1,170 SqFt Days Listed: 18
Single Family - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Boat Ramp,Boat Slip

Experience the ultimate Florida Keys lifestyle in this beautifully updated 3-bedroom, 2-bath canalfront home, perfectly situated in sought-after Key Colony Beach. Tastefully decorated with a coastal flair, this home offers cathedral ceilings and a spacious open floor plan filled with natural light.Enjoy numerous upgrades including impact windows, spray foam attic insulation, underground electric, copper gutters, and a low-maintenance yard designed for easy island living. Relax on the expansive deck overlooking the canal, where you can savor the ocean breeze and water views.Additional features include covered parking, a large storage area on the ground level, and a private boat ramp with deeded access. Your own boat slip is right out your back door, providing quick and easy access to world-class fishing, diving, and waterfront dining.Dont miss this opportunity to own a slice of paradise in the heart of the Keys!

$1,225,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
2 Bed, 2 Baths, 1,368 SqFt Days Listed: 104
-12.19% ($170,000) 1 Price Change : Last Change 10 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Concrete

Here it is, your stilted retirement property, weekend getaway or vacation rental on the wonderful island of Key Colony Beach, In the heart of the Florida Keys This immaculately maintained gem offers you access to both the open ocean and the open gulf in less than five minutes. Perfect for the angler, diver, snorkeler as well as the boating enthusiast. Ideally located on a 100 ft wide, clear and deep canal with 37.5 ft of dock w step down and fish cleaning station. The open-concept living space flows seamlessly from living and dining rooms onto a covered balcony with breathtaking canal views. Enjoy entertaining, dining or just relaxing and gazing at the clear water, always mesmerizing and exactly what you deserve. You and your family will enjoy preparing meals, entertaining and making treasured memories in the newly updated, custom kitchen. The primary suite, with impact slider and large window, is bright and airy. The roomy primary bath has another lg impact window making it very inviting with the large, walk-in shower and soaking tub. The entire lower level provides a HUGE open storage space for all your needs, also bright with multiple, large, impact windows. Plenty of covered and uncovered parking for all of your toys, RV, boat trailer and more. Located in the heart of Marathon in Key Colony Beach, this property is just a short walk to three restaurants, shopping, the post office, City Hall, and the building department. Enjoy a all of amenities nearby, including marina, bike and walking paths, golf, pickleball, bocce ball, basketball, 3 playgrounds and tennis courts. Relax and take in the stunning sunsets at Sunset Park. Come on home we are waiting for you.....

$1,250,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
3 Bed, 3 Baths, 1,511 SqFt Days Listed: 12
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.Concrete

Youve Arrived--Now Stay Awhile! Welcome to your waterfront escape in Key Colony Beach! This beautifully remodeled 3-bed, 3-bath half-duplex offers the perfect blend of luxury and relaxation. Overlooking the sparkling pool and canal, youll enjoy a concrete seawall with direct access to the ocean and bay via Vaca Cut--a boaters dream! Inside, the open-concept living space shines with a modern aqua backsplash, quartz countertops, and stainless steel appliances. The split floor plan ensures privacy, with a spacious master suite featuring an ensuite bath. This home is perfect for an investor, vacation home buyer, or primary home buyer! Key Colony Beach offers exclusive access to the Cabana Club, a par-3 golf course, waterfront dining, and scenic bike/walking paths. Dont wait--start living the island lifestyle today!

$1,295,000
Key Colony
Key Colony Beach   - MM: 53.50
2 Bed, 2 Baths, 1,433 SqFt Days Listed: 54
-10.63% ($154,000) 2 Price Changes : Last Change 6 Days Ago
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 30ft.Concrete

Seller open to offers and can accommodate a quick closing if needed! This isnt your average half-duplex--and thats exactly the point. Elegant, Sophisticated, and Spacious with Soaring double-height windows flooding the space with natural light, beautifully highlighting the homes thoughtful updates and rare architectural features. From the protected staircase and grand double-door entry to the electric shutters and transom windows throughout, every detail reflects quality and intention. With over 1,400 square feet, up to 12 foot ceilings, and an open, well-proportioned layout, this two-bedroom, two-bath home offers both volume and everyday livability. A true standout, the kitchen offers generous proportions, custom design, and finishes that balance style with function. Both bathrooms are finished in marble and were updated in 2023 with new vanities and mirrors. Additional upgrades in 2023 include electronic blinds in the family room and all-new landscaping in both the front and backyards. Wide plank flooring flows throughout, and the home is equipped with impact-rated windows and doors. Enjoy multiple outdoor living areas including a screened balcony off the main living level, a private balcony off the primary suite with a peek-a-boo ocean view, and a backyard patio framed by brand-new pavers that extend from front to back. The oversized guest bedroom currently features a king-size bed with room to spare. A dedicated laundry room and small office nook add everyday convenience. Two lower-level spaces--one finished and air-conditioned at 422sf, the other 171sf--offer versatile bonus areas well-suited for storage, gear, or overflow space when needed. This home features 30 feet of dockage with step-down composite decking, offering quick, easy access to open water five minutes away at idle speed. Short walk to white sand beach. One of the most distinctive half-duplexes on the island--worth seeing in person to appreciate just how stunning it is!

$1,350,000
Key Colony
Key Colony Beach   - MM: 53.50
3 Bed, 3 Baths, 1,581 SqFt Days Listed: 35
Half Duplex - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 37ft.

Nestled in the heart of the Florida Keys, this meticulously maintained 3-bedroom, 2-bathroom half-duplex offers the perfect blend of comfort and coastal charm. Located in desirable Key Colony Beach, this ground-level, ELLISON design home sits above flood and boasts direct waterfront access.Enjoy 37.5 feet of dockage right out your back door, providing easy boating access to both the Atlantic Ocean and the Gulf of Mexico--a dream for anglers and ocean lovers alike. The east-facing orientation ensures bright morning light and cooler afternoons on your waterside patio.Inside, the open floor plan is both functional and inviting, with ample natural light, spacious bedrooms, and thoughtfully designed living spaces. Whether youre looking for a full-time residence, vacation getaway, or income-producing investment, this property offers it all.

The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated on 05-25-2025.
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