About This Home

This 5-bedroom, 3-bathroom single family at 320 5Th Street in Key Colony, FL is listed for $1,875,000 ($580 per sqft). Built in 1971, the home offers 3,234 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1971
  • 0.15 acre lot
  • Private pool
  • Waterfront

Property Details

3 full
1971

Amenities

PoolWaterfrontA/C
Listing Description

Spacious and sophisticated waterfront home situated on a wide canal with desirable eastern exposure, offering serene views of the in-ground pool and 100-foot-wide canal. Designed for both entertaining and everyday comfort, the home features a covered patio on the lower level and a generous wooden deck on the upper level, connected by elegant spiral stairs leading to a dedicated entertainment area below.

The newly updated upstairs kitchen is bright, modern, and exceptionally spacious, anchoring the upper-level living space. This five-bedroom, three-bathroom residence is thoughtfully laid out with two bedrooms and two bathrooms upstairs, and three bedrooms with one bathroom downstairs--ideal for extended family, guests, or rental flexibility.

A circular paver driveway provides ample parking, while separate living areas on each floor enhance privacy and functionality. The Corian kitchen, expansive layout, and waterfront lifestyle make this property suitable as a large family home, corporate retreat, or high-performing vacation rental. Complete with a private boat lift and quick access to the Atlantic Ocean, this home delivers the full waterfront experience--whether as a permanent residence or an income-generating investment.

Monthly Cost Estimate

$10,028/mo

20% down · 6.5% · 30 years

Principal$1,356
Interest$8,125
Insurance$547

Estimates only. Actual payments may vary.

Location

320 5Th Street

Key Colony, FL 33051

Key Colony Beach (53.5)

Features & Amenities

Interior Features

Built-in CabinetsStorageWalk-in Closet(s)

Exterior Features

Privacy Wall/FenceStorage

Property Details

Flooring

WoodTile

Construction

Frame Combo Construction

Pool Features

Pool

Outdoor Features

PorchDeck

Parking

Open

Cooling

Central AirWindow Unit(s)Wall/Window Unit(s)

Appliances

DishwasherOvenMicrowave

Questions & Answers

This 5-bedroom, 3-bathroom single family at 320 5Th Street is listed at $1,875,000 ($580/sqft). The estimated monthly payment is $10,028 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971, 0.15 acre lot, Private pool, Waterfront. Interior Features: Built-in Cabinets, Storage, Walk-in Closet(s). Exterior Features: Privacy Wall/Fence, Storage.

This property is listed by Baris Leyla.

BL

Baris Leyla

Agent at Coastal Collection Real Estate Inc.

Listed by Coastal Collection Real Estate Inc. · Broker phone: (305) 731-7910 · View on Broker Site

MLS# 618755· Source: Key West Association of Realtors· 250 days on PropertySimple

Copyright © 2026 Key West 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.

320 5Th Street, Key Colony, FL 33051

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