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Listings courtesy of Coldwell Banker Schmitt RE Co.

Active - House for sale

350 E Ocean Drive, FL 33051, Key Colony Beach, FL

5 bds|3 bth|2,918 sqft

Facts & features

House Property type
174 days on Beycome
1986 Year built
$531 Price/Sqft.
5,663 sqft Lot size

Why you’ll love it

  • Waterfront

THE BEST DEAL In KEY COLONY! 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 beds, 3 baths, 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 ft of dockage with dual docks, allowing space for multiple vessels. Buyer and buyers agent to verify all info

Translating description...

Listed by: Jennifer Hamill • 305-393-1993 • Coldwell Banker Schmitt RE Co

Co-listed by: Coldwell Banker Schmitt RE Co

Source: Miami MLS, MLS#: B26002035 Miami MLS logo

Based on information as of Sep 02, 2026 at 06:39am EDT.

Come see by yourself

Affordability

$1,010,000$2,095,000
1%20%
0%90%
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Estimated monthly payment

$8,649/mo

  • Mortgage$7,838
  • Property tax$811
  • HOA fee
  • Homeowners insurance
Due at closing$1,232,250
Down payment held in escrow$310,000
Closing costs$23,250
beycome credit Est.$31,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Key Colony Beach

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AI-generated overview for informational purposes only.
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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Sep 02, 2026 at 06:39am EDT.

$1,550,000 Listed price

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$31,000 Credit back

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