Key Colony Beach is a small, walkable city of about 1,400 residents at mile marker 53.5, right next to Marathon. Known as the "Gem of the Florida Keys," it's mostly canal-front homes and oceanfront condos on just 286 acres. Over the past year the median sale price was about $1.3 million.
The Island Collective Realty is broker-led. Greg Gordon works directly with every Key Colony Beach buyer, including the many buying a second home from out of state.
Key Colony Beach Real Estate
FLORIDA KEYS AREA GUIDE
Key Colony Beach feels like a small resort town of its own. Incorporated in 1957, it has its own city government, police and a nine-hole golf course, and most homes sit on canals with access to the Atlantic or the Gulf.
It's also easy to live in. Marathon's restaurants, hospital and airport are just across the causeway, and Key Colony Beach allows licensed rentals with a seven-day minimum, which appeals to second-home buyers.
Why buyers choose Key Colony Beach
AREA OVERVIEW
What people love about Key Colony
THE LIFESTYLE
A small city with its own police and strict rules keeps Key Colony Beach quiet, clean and well kept.
Quiet and upscale
Most homes sit on canals with access to the Atlantic or the Gulf, ideal for fishing and boating from home.
Canal living
Small and walkable
At just 286 acres, the whole city is easy to get around, from the golf course to the waterfront park.
Key Colony Beach's median sale price was about $1.3 million over the past year, up sharply from the year before, with about 33 sales. Canal-front single-family homes make up much of the market, with homes in the Coury area around $2.4 million and Seapointe around $1.57 million.
Condos offer the easiest way in. Monte Christo had a median of about $795,000, Cay Condo about $488,000 and Sea Isle Condominium about $390,000, many with ocean views and on-site amenities.
Key Colony Beach homes and prices
NEIGHBORHOODS AND PRICES
Canal-front homes
A major draw for buyers looking for private dockage, boating access, and a classic waterfront lifestyle in a more manageable community setting.
What makes Key Colony Beach unique
THE AREA
Buyers benefit from the quieter feel of Key Colony Beach while still being close to restaurants, shopping, marinas, and services in Marathon.
Marathon amenities
Condos & second-home
Key Colony Beach offers appealing options for buyers looking for lower-maintenance ownership, part-time use, or a lock-and-leave lifestyle.
Life in Key Colony Beach is simple and social. Mornings on the nine-hole, par-3 golf course, afternoons on the boat or at the waterfront park, and evenings watching the sunset from the dock. Groceries, restaurants and the hospital are a few minutes away in Marathon.
Getting here is easy. Marathon's airport is minutes away, Key West International is about an hour south, and Miami is about a two-hour drive.