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$2,499,000
511 4Th Street
Key Colony, FL 33051
MLS# 606855
4 beds  |  3 baths  |  2445 sqft


511 4Th Street, Key Colony, FL 33051
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Property Description
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.

Details
Contract Information
Current Price: $2,499,000
Listing Date: 2023-09-29
Listing Board: Key West Association
List Price: $2,499,000
Location, Tax & Legal
Street #: 511
Street Name: 4Th
Street Suffix: Street
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
Off Shore Island: No
County: Monroe
Subdivision: Key Colony Beach (53.5)
Mile Marker: 53.5
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Alternate Key #: 1077437
Zoning: R-1A - Key Colony Single Family
Deed Restrictions: No
Legal: Legal Description BK 4 LT 23 KEY COLONY BEACH PB3-120 SHELTER KEY OR328-132 OR609-401 OR806-1866 OR813-1323/24 OR
Taxes: 13614
Tax Year: 2022
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1973
Lot SqFt: 6600
Lot Sqft Source: Tax Records
Living Apx SqFt: 2445
SqFt Source: Tax Records
Total Bedrooms: 4
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: 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.
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 60
Dock: Concrete
Building Style
Above Flood: Yes
Stories: 2 Stories
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View; Open Water View
Dockage: Boat Lift
Vehicle Storage: Garage; Auto Door Opener; Guest Parking; Trailer Storage
Furnished: Furnished; Negotiable
Cooling: Ceiling Fans(s); Central Air
Heating: Central
Porch/Balcony: Deck; Patio
Utilities: Buyer to Verify; Cable Available; FKAA; Municipal Sewer
Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Granite Counter Top; Split Bedroom; Walk-in Closet(s); Window Treatments
Pre-Wired: Cable
Specialty Rooms: Sun/Florida Room
Appliances: Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing
Pool Info: In Ground; Fiberglass
Construction: CBS
Windows/Doors: Impact Rstnce Doors; Impact Rstnce Window
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Airstrip; Beach; Bike Paths; Tennis Courts
Security: Patrolled Area
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional

Listing Office: Keller Williams Capital Realty

Last Updated: April - 21 - 2024


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