About This Home

This 3-bedroom, 3-bathroom multi-family at 315 E Ocean Drive in Key Colony, FL is listed for $1,295,000 ($863 per sqft). Built in 2001, the home offers 1,500 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 2001
  • 0.08 acre lot
  • Private pool
  • Waterfront

Property Details

3 full
2001

Amenities

PoolWaterfrontViewA/C
Listing Description

STUNNING KCB WATERFRONT DUPLEX! This beautifully renovated 3BR/3BA half-duplex is the perfect turnkey home or highly profitable weekly vacation rental. Features 1,500 sq. ft. of modern coastal living space, quartz finishes, and 3 spacious bedrooms--each with an en-suite bath and private balcony.

Excellent outdoor setup includes a private pool and 40 feet of seawall allowing up to 25 ft of dockage on a deep-water canal with fast ocean access. Features solid CBS construction, impact windows, a metal roof. Prime location steps from the Cabana Club, New photos will come when property does not have renters.

Monthly Cost Estimate

$6,926/mo

20% down · 6.5% · 30 years

Principal$937
Interest$5,612
Insurance$378

Estimates only. Actual payments may vary.

Location

315 E Ocean Drive

Key Colony, FL 33051

Key Colony Beach (53.5)

Features & Amenities

Interior Features

StorageQuartz Countertops

Exterior Features

Privacy Wall/Fence

Property Details

Flooring

TileLaminate

Construction

CBS

Views

Water

Pool Features

Pool

Outdoor Features

Porch

Cooling

Central Air

Appliances

WasherDryerDishwasherRefrigeratorOvenStainless Steel Appliance(s)

Questions & Answers

This 3-bedroom, 3-bathroom multi-family at 315 E Ocean Drive is listed at $1,295,000 ($863/sqft). The estimated monthly payment is $6,926 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2001, 0.08 acre lot, Private pool, Waterfront. Interior Features: Storage, Quartz Countertops. Exterior Features: Privacy Wall/Fence.

This property is listed by Cara Ann O'Neill and can be reached at 3057317887.

CO

Cara Ann O'Neill

License 3631899

Agent at Key Colony Beach Realty, Inc.

(305) 731-7887

Listed by Key Colony Beach Realty, Inc. · Broker phone: (305) 289-0621 · View on Broker Site

MLS# 620296· Source: Marathon and Lower Keys Association of Realtors· 74 days on PropertySimple

Copyright © 2026 Marathon and Lower Keys Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

315 E Ocean Drive, Key Colony, FL 33051

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