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340 E Ocean Drive Key Colony Beach FL Key Colony Beach FL

$1,550,000
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340 E Ocean Drive, Key Colony Beach, FL, Key Colony Beach, FL  - MLS#B26002035 340 E Ocean Drive, Key Colony Beach, FL, Key Colony Beach, FL  - MLS#B26002035 340 E Ocean Drive, Key Colony Beach, FL, Key Colony Beach, FL  - MLS#B26002035 340 E Ocean Drive, Key Colony Beach, FL, Key Colony Beach, FL  - MLS#B26002035

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
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Overview of 340 E Ocean Drive, Key Colony Beach, Fl

5 Bedrooms
3 Bathrooms
Car Garage
3,712 Square Feet
2,918SF Living Area
Pool:
No
Ocean Access
Year Built 1986
Listed For 30 Days

Don't miss this home for sale in Key Colony Beach! 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

This luxury single family home was built in 1986 and features 5 bedrooms, and 3 full bathrooms. This home for sale is 3,712 square feet, with 2,918 sq ft being air conditioned living space. The home has a does not have a private swimming pool.

Please contact your ZFC agent for more information about MLS# B26002035 or any other homes for sale in Marathon or elsewhere in the Monroe County area.

Features & Amenities

Appliances

Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Water Heater, Washer

Cooling

Central Air, Ceiling Fans

Heating

Floor Furnace

Flooring

Vinyl

Parking

Concrete

Lot Size

5662.8

View

Canal, Ocean view

Construction Materials

Frame

Interior Features

Cathedral Ceilings, Dining Area, Separate Formal Dining Room, High Ceilings, Kitchen Dining Combo, Living Dining Room, Main Level Primary, Storage, Vaulted Ceilings

Furnished

Furnished

Exterior Features

Balcony, Outdoor Living Area

Lot Features

Less Than Quarter Acre

Property Condition

Resale

Patio And Porch Features

Covered, Deck, Open, Porch, Balcony

Roof

Metal

Window Features

Storm Windows

Utilities

Electricity Connected, Sewer Connected, Water Available

Waterfront Features

Canal Access, Canal Front, Ocean Access

Laundry

Lower Level

Number Of Stories

2

Zoning

R M

Year Built

1986

Pets Allowed

No Pet Restrictions, Yes

Annual Real Estate Taxes

$9,736 (2025)

Legal Description

Bk 3 Lt 45 Key Colony Beach Pb3-120 Shelter Key Or506-1061 Or561-541 Or914-2331/34 Or919-1850/51 Or919-1852 Or929-1399 Or929-1400 Or929-1401

Property Type

Single Family Home

Direction Faces

North

MLS Number

B26002035

Universal Property Id

U S-12087-N-00073110000000-R-N

Days On Market

30

Community Name

Key Colony Beach

340 Ocean Dr Price Calculator

Get Mortgage Quote For This Home

The payment calculator figures for 340 E Ocean Drive, Key Colony Beach, Fl should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $9,736 but will likely change when this home sells. These estimations are calculated from a list price of $1,550,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.

Recent Home Sales near 340 Ocean Dr

Address Sale Price Bed Bth Size Location Sale Date
No comps found for this property

MLS# B26002035 Listing History

03/12/2026 Listed for sale by Coldwell Banker Schmitt RE Co with MLS# B26002035 with a list price of $1,550,000.

Public Transportation

Key West Transit:

Lower Keys Shuttle

Key West Transit:

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Key West Transit:

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This listing of 340 Ocean Dr Marathon FL was last updated on 2026-04-10 05:22:08. Listing courtesy of Coldwell Banker Schmitt RE Co.
MLS

Map of 340 Ocean Dr Marathon FL

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Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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