340 E Ocean Drive, Key Colony Beach, FL 33051

$1,550,000

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Property Description

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 bedrooms, 3 bathrooms, 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 feet of dockage with dual docks, allowing space for multiple vessels. Buyer and buyers agent to verify all info

340 E Ocean Drive | MLS# B26002035

This single family home located at 340 E Ocean Drive, Key Colony Beach, FL 33051 is currently listed for sale with an asking price of $1,550,000. This property was built in 1986 and has 5 bedrooms and 3 full baths with 3712 sq. ft. E Ocean Drive is located in the KEY COLONY BEACH subdivision. Search KEY COLONY BEACH real estate on www.signwithsanford.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Heating: Floor Furnace
Lot Size: 0.13 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $9,735
Year Built: 1986
Square Feet: 3,712

Amenities

Cathedral Ceiling(s)
High Ceilings
Kitchen Island
Vaulted Ceiling(s)
Upstairs Living Area
Storage
Balcony

Feature Descriptions

Appliances: Electric Water Heater, Dryer, Dishwasher, Microwave, Oven, Refrigerator, Water Heater, Washer
Balcony: Balcony - Covered, Balcony - Open
Days on Site: 38
Exterior: Frame
Flooring: Vinyl
Furnished: Furnished
Laundry: Lower Level
Parcel#: 00073110000000
Parking: Concrete
Parking Notes: Concrete
Patio/Porch: Porch - Open, Deck, Porch
Pets Allowed: Yes, No Restrictions
Restrictions: No Restrictions
Sewer: Public Sewer
Special View Info: Canal, Ocean
SQFT Living: 2918
Structure Type: House
Total Rooms: 3
Utilities: Electricity Connected, Sewer Connected, Water Available
Utilities: Electricity Connected, Sewer Connected, Water Available
Water: Public
Water Frontage: 50
Waterfront Features: Ocean Access, Canal Front, Canal Width 81-120 Feet
Windows: Storm Window(s)

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmitt RE Co
Agency Phone: 305-743-5181

Shown By

Agent Name: The Sanford Group
Agent Phone: Cell: (904) 868-9651
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 9,100.98 per month $7,837.64 Principal & Interest $811.25 Property Tax $452.08 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/22/2026. The listing information on this page last changed on 04/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/22/2026 12:20:17 AM EST) or GAMLS (last updated Tue 04/21/2026 11:15:08 PM EST) or Stellar MLS (last updated Wed 04/22/2026 12:13:57 AM EST) or SPC MLS (last updated Tue 04/21/2026 11:27:49 PM EST) or Martin MLS (last updated Tue 04/21/2026 11:38:08 PM EST) or Indian River MLS (last updated Tue 04/21/2026 11:30:17 PM EST) or Daytona MLS (last updated Tue 04/21/2026 11:36:44 PM EST) or Northeast Florida MLS (last updated Wed 04/22/2026 12:18:50 AM EST) or Beaches MLS (last updated Wed 04/22/2026 12:16:22 AM EST) or BORMLS (last updated Tue 04/21/2026 11:15:16 PM EST) or Golden Isles MLS (last updated Tue 04/21/2026 11:26:32 PM EST) or Amelia/Nassau MLS (last updated Tue 04/21/2026 11:25:15 PM EST) or Dixie Gilchrist Levy MLS (last updated Tue 04/21/2026 11:42:14 PM EST) or NFLMLS (last updated Tue 04/21/2026 9:04:26 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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