305-609-4190
133 8TH Street, FL 33051
Active Townhouse Waterfront

Address available upon request

FL, 33051

$849,000

Est. $4,293/mo (20% down)

2
Beds
2
Baths
1,187
Sq Ft
1966
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (50 photos)

About This Property

Escape to the Florida Keys with this move-in ready 2-bedroom, 2-bathroom waterfront home in Key Colony Beach! Tie up your boat just outside your back door on a navigable canal situated only 10 minutes from Key Vaca Cut channel, offering effortless access to the Atlantic Ocean, Florida Bay, sandbars, snorkeling, and world-class fishing. Key improvements include modern kitchen and bathrooms, fresh exterior paint, impact-rated hurricane windows and doors (excluding glass block), replaced patio decking, renovated wood dock complete with electric, water and a fish cleaning station. Offered fully furnished, it is completely equipped for personal enjoyment or immediate 7-day vacation rental management. Inside, the home is tailored for effortless coastal living. The separate living room is situated just off the combination kitchen and dining area, offering plenty of space for entertaining. Modern indoor features include four TVs, a dedicated beverage/beer froster to keep drinks ice-cold, an attached carport, generous storage, and a separate laundry/storage room. Step outside to connect with the island's community bike paths—which run throughout Key Colony and are wonderful for walking or cycling directly to Sunset Park to catch a stunning Keys sunset. Key Colony Beach offers a premier, walk-friendly community lifestyle with exceptional amenities just down the street: a 9-hole Par-3 golf course, pickleball courts, basketball, a dog park, a children's playground, and games for everyone to enjoy. Conveniently walk or drive to popular local dining spots including waterfront favorite Havana Jack's for live music, dining and cocktails. Optional memberships are available for the nearby Cabana Club, alongside an optional HOA for seasonal community events.

Property Details

MLS #

B26086843

Status

Active

Property Type

Residential

Sub Type

Townhouse

Year Built

1966

Days on Market

4

Stories

1

Pool

No

Waterfront

Yes

Price / Sq Ft

$715

HOA Fee

None

Est. Insurance

$283/mo

Tax Year

2025

Tax Amount

$6,881

Garage

—

Lot Size

—

MLS Area

Key Colony Beach 1st Add

Subdivision

KEY COLONY BEACH 1ST ADD

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$5,943
Est. Monthly Rent
0.3%
Cap Rate
1.6%
Cash-on-Cash
$2,642
Net Operating Income

ROI Projections (4% Annual Appreciation)

116%
5-Year ROI
Value: $1,032,938
256%
10-Year ROI
Value: $1,256,727
424%
15-Year ROI
Value: $1,529,001

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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