340 E Ocean Drive Key Colony Beach, FL
5 Bedroom, 2,918 Sqft, Single Family Residence
AGENT'S REMARKS ABOUT 340 E OCEAN DRIVE
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$1,550,000
| Bedrooms | 5 |
| Bathrooms | 3 Full |
| Living Area | 2,918 SqFt |
| Lot Size | 5,859 SqFt |
| Year Built | 1986 |
| Private Pool | No |
| Subdivision | KEY COLONY BEACH |
| MLS# | B26002035 |
| Listing Status | Active |
| Days on Market | 2026-03-12 |
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PROPERTY DETAILS
- Property Type: Single Family Residence
- Approx Living Area: 2,918 SqFt
- Total Bedrooms: 5
- Bathrooms: 3 Full
- Year Built: 1986
- Lot Size: 5,859 SqFt
- Stories: 2
- Parking Type: Concrete
- Interior: Cathedral Ceiling(s), High Ceilings, Kitchen Island, Vaulted Ceiling(s), Upstairs Living Area, Storage
- Other Appliances: Electric Water Heater, Dryer, Dishwasher, Microwave, Oven, Refrigerator, Water Heater, Washer
- Flooring: Vinyl
- Roof: Metal
- Age Restrictions: No
- Total Floors in Building: 2
- House Faces/Primary View: North
- Construction: Frame
- Exterior Description: Balcony
- Cooling System: Central Air, Ceiling Fan(s)
- Heating: Floor Furnace
- Utility Information: Electricity Connected, Sewer Connected, Water Available
- Furnished: Furni
- Pets Allowed: Yes, N
- County: Monroe
- Area: 5940 - Other Florida County
- Subdivision: KEY COLONY BEACH
- Age Restricted: No
- Annual Property Taxes: $9,735
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SIMILAR LISTINGS NEAR 340 E OCEAN DRIVE
Listing courtesy of Coldwell Banker Schmitt RE Co 04.22.2026
If you are interested in this property at 340 E Ocean Drive or any other properties in Key Colony Beach please contact The Rucco Group at (561) 737-0366.