101 N Coral Lane, Key Colony, FL 33051 (MLS# 620478)

101 N Coral Lane, Key Colony, FL 33051

$1,399,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,144 Lot Size (sq. ft.): 3,325 Status: Active

Current Price: $1,399,000 List Date: 7/01/2026 Last Modified: 7/01/2026

Overview

Description

Turnkey and income-producing, this beautifully updated waterfront half-duplex is the perfect opportunity to own a slice of paradise while continuing its successful vacation rental legacy. Ideally situated on a quiet canal with stunning water views in the highly desirable Key Colony Beach, this 2-bedroom 2-bath stilted CBS construction half-duplex offers the ideal blend of relaxation, boating, and investment potential. Inside you will find vaulted ceilings, abundant natural light, and coastal-inspired decor. With beautiful water views from the kitchen, dining, and living area. Step outside to your private tropical oasis featuring a new 50' dock with quick access to the open water, a fish cleaning station, and multiple outdoor entertainment areas. Don't miss out on the rare opportunity to own a high-performing vacation rental with stunning water views on beautiful Key Colony Beach.

Listing Details MLS# 620478

Location, Tax & Legal

Street #: 101
Direction: N
Street Name: Coral
Street Suffix: Lane
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Key Colony Beach Botel (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
City: KEY COLONY
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Flood Zone: AE
Alternate Key #: 8739885
Parcel #: 00079200-000100
Zoning: R-2B - Key Colony Two Family
Deed Restrictions: Unknown
Legal: NWLY PT LOT 27 KEY COLONY BCH BOTEL SUBD PB4-82 CRAWL KEY OR1045-2287 OR1059-2123 OR1084-130/131 OR1174-2260/61C/T OR120
Taxes: 8741.11
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: No

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Half Duplex
Waterfront: Yes
Control Depth: 3
Pool: No
Year Built: 1989
Total Units: Yes
Lot SqFt: 3325
Lot Sqft Source: Property Data Card
Acres: 0.08
Living Apx SqFt: 1144
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Min Rental Days: 7

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Dockage

Dock Length: 50
Dock: Composite

More Information

Building Style

Above Flood: Unknown
Stories: 1 Story

Remarks & Misc

Remarks – Consumer: Turnkey and income-producing, this beautifully updated waterfront half-duplex is the perfect opportunity to own a slice of paradise while continuing its successful vacation rental legacy. Ideally situated on a quiet canal with stunning water views in the highly desirable Key Colony Beach, this 2-bedroom 2-bath stilted CBS construction half-duplex offers the ideal blend of relaxation, boating, and investment potential. Inside you will find vaulted ceilings, abundant natural light, and coastal-inspired decor. With beautiful water views from the kitchen, dining, and living area. Step outside to your private tropical oasis featuring a new 50' dock with quick access to the open water, a fish cleaning station, and multiple outdoor entertainment areas. Don't miss out on the rare opportunity to own a high-performing vacation rental with stunning water views on beautiful Key Colony Beach.
Directions: Take US-1 to Sadowski Causeway. Turn left on Clara Blvd, then turn right on Coral Lane. Property is the last home at the end of the street. Located on the right-hand side of the building.

Fee Includes

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Waterfront

Bay Front: Yes
Canal Front: Yes

Waterview

Bay/Gulf View: Yes
Canal View: Yes

Floor

Tile: Yes
Vinyl: Yes

Neighborhood Feature

Other Area Features: Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Other: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes

Vehicle Storage

Carport: Yes
Covered Parking: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Negotiable: Yes

Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Utilities

Buyer to Verify: Yes
Elect Separate Meter: Yes
FKAA: Yes
Municipal Sewer: Yes
Water Separate Meter: Yes

Porch/Balcony

Deck: Yes
Open Porch/Balcony: Yes
Patio: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Storage: Yes

Roof

Metal Roof: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Canal Front Waterview: Bay/Gulf View; Canal View Property Condition: Updated/Remodeled Vehicle Storage: Carport; Covered Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Specialty Rooms: Other Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Storage Construction: CBS; Concrete Floor: Tile; Vinyl Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Other Area Features Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Title Ins - Buyer

Listing Office: KeysCations Realty

Last Updated: July - 01 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.