Real Estate Investment Properties for Sale in Key Colony, FL

Looking for investment property in Key Colony, FL with high ROI ?

Explore a variety of short-term homes & houses in Key Colony, FL. Invest wisely with VRBO & Key Colony, FL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Key Colony, FL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
320 5Th Street Key Colony, FL Spacious and sophisticated waterfront home situated on a wide canal with desirable eastern...	5 beds \| 3 baths \| 3,234 sq.ft.	$1,975,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 2.41% Airbnb Rental Income: $10866 Traditional Rental Income: $7553 Airbnb ROI: 3.12% Traditional ROI: 2.41%
651 9th Street Key Colony, FL This exceptional waterfront residence in Key Colony Beach offers the perfect blend of refi...	2 beds \| 3 baths \| 1,176 sq.ft.	$1,395,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 1.59% Airbnb Rental Income: $4498 Traditional Rental Income: $4337 Airbnb ROI: 0.99% Traditional ROI: 1.59%
440 9th Street Key Colony, FL You Deserve this East Facing, Updated 3 Bedroom Island Home! Here you will discover how co...	3 beds \| 2 baths \| 1,682 sq.ft.	$1,335,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 2.21% Airbnb Rental Income: $6520 Traditional Rental Income: $4765 Airbnb ROI: 2.6% Traditional ROI: 2.21%
741 9Th Street Key Colony, FL Charming Canal-Front Duplex in Key Colony Beach. A perfect tropical escape for comfort, co...	2 beds \| 2 baths \| 1,023 sq.ft.	$825,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 0.85% Airbnb Rental Income: $4498 Traditional Rental Income: $2165 Airbnb ROI: 2.66% Traditional ROI: 0.85%
601 W OCEAN Drive #311D Key Colony, FL Nestled in the heart of Key Colony in the Florida Keys, this beautiful condo spans 1,343 s...	2 beds \| 3 baths \| 1,343 sq.ft.	$574,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 0.69% Airbnb Rental Income: $4498 Traditional Rental Income: $3689 Airbnb ROI: 0.45% Traditional ROI: 0.69%
1001 W Ocean Drive #1-204 Key Colony, FL This spacious 2-bedroom, 2-bath oceanfront condo is ideally positioned within the Monte Ch...	2 beds \| 2 baths \| 1,260 sq.ft.	$755,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 3.17% Airbnb Rental Income: $4498 Traditional Rental Income: $4330 Airbnb ROI: 2.08% Traditional ROI: 3.17%
501 E Ocean Drive #9 Key Colony, FL Rarely does a 2023 oceanfront masterpiece become available in the heart of the Middle Keys...	2 beds \| 2 baths \| 972 sq.ft.	$799,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 1.76% Airbnb Rental Income: $4498 Traditional Rental Income: $4302 Airbnb ROI: 0.76% Traditional ROI: 1.76%
580 & 590 10th Street Key Colony, FL Exceptional canal-front opportunity with proven income potential. This expansive 7-bedroom...	7 beds \| 7 baths \| 4,478 sq.ft.	$2,995,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 3.89% Airbnb Rental Income: $10866 Traditional Rental Income: $15459 Airbnb ROI: 1.52% Traditional ROI: 3.89%
1133 W Ocean Drive #10 Key Colony, FL Experience Key Colony Point with sweeping ocean views and unforgettable sunsets from both ...	3 beds \| 3 baths \| 1,929 sq.ft.	$950,000	Airbnb cash on cash: -0.84% Traditional cash on cash: -1.26% Airbnb Rental Income: $6520 Traditional Rental Income: $4865 Airbnb ROI: -0.84% Traditional ROI: -1.26%
601 W Ocean Drive #203A Key Colony, FL Nestled right between Key Largo and Key West, you'll discover a lovely condo in Key Colony...	2 beds \| 2 baths \| 1,234 sq.ft.	$499,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 2.3% Airbnb Rental Income: $4498 Traditional Rental Income: $4329 Airbnb ROI: 0.65% Traditional ROI: 2.3%
461 & 471 3rd Street Key Colony, FL Capitalize on proven income and flexibility with this fully furnished, turnkey waterfront ...	6 beds \| 4 baths \| 2,528 sq.ft.	$1,848,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 2.73% Airbnb Rental Income: $10866 Traditional Rental Income: $7125 Airbnb ROI: 3.74% Traditional ROI: 2.73%
441 3Rd Street Key Colony, FL This charming 3-bedroom, 2-bath half-duplex has so much to offer! Watch stunning Keys suns...	3 beds \| 2 baths \| 1,264 sq.ft.	$999,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 2.87% Airbnb Rental Income: $6520 Traditional Rental Income: $4367 Airbnb ROI: 3.82% Traditional ROI: 2.87%
1133 W Ocean Drive #6 Key Colony, FL Experience sweeping ocean views and breathtaking sunsets, from both floors of living in th...	3 beds \| 3 baths \| 1,929 sq.ft.	$899,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 4.15% Airbnb Rental Income: $6520 Traditional Rental Income: $5446 Airbnb ROI: 3.91% Traditional ROI: 4.15%
821 W Ocean Drive #3 Key Colony, FL Welcome to Turtle Cay. This exclusive townhome beachfront complex is singularly unique and...	4 beds \| 4 baths \| 2,828 sq.ft.	$1,649,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 0.85% Airbnb Rental Income: $9988 Traditional Rental Income: $5622 Airbnb ROI: 2.49% Traditional ROI: 0.85%
201 E Ocean Drive #1-211 Key Colony, FL Welcome to Casa Clara, one of Key Colony Beach's most sought-after oceanfront communities,...	2 beds \| 2 baths \| 994 sq.ft.	$514,990	Airbnb cash on cash: 4.93% Traditional cash on cash: 4.98% Airbnb Rental Income: $4498 Traditional Rental Income: $3586 Airbnb ROI: 4.93% Traditional ROI: 4.98%
1133 W Ocean Drive #16 Key Colony, FL Ocean Meets the Sky! Wake up to endless blue horizons in this spacious oceanfront condo lo...	3 beds \| 3 baths \| 1,804 sq.ft.	$1,115,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 2.89% Airbnb Rental Income: $6520 Traditional Rental Income: $5848 Airbnb ROI: 2.31% Traditional ROI: 2.89%
601 W Ocean Drive #410 Key Colony, FL Escape to paradise in this spacious townhouse style condominium with stunning beach and oc...	2 beds \| 3 baths \| 1,343 sq.ft.	$549,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 0.17% Airbnb Rental Income: $4498 Traditional Rental Income: $3112 Airbnb ROI: 1.04% Traditional ROI: 0.17%
1001 W Ocean Drive 1-201 Key Colony, FL Discover the ultimate Florida Keys lifestyle with this highly sought-after property at the...	2 beds \| 2 baths \| 1,352 sq.ft.	$749,000	Airbnb cash on cash: -1.11% Traditional cash on cash: -0.48% Airbnb Rental Income: $4498 Traditional Rental Income: $3999 Airbnb ROI: -1.11% Traditional ROI: -0.48%
391 10th Street Key Colony, FL Discover exceptional waterfront living in the heart of Key Colony Beach. This concrete con...	3 beds \| 3 baths \| 2,166 sq.ft.	$1,275,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 3.34% Airbnb Rental Income: $6520 Traditional Rental Income: $5836 Airbnb ROI: 2.84% Traditional ROI: 3.34%
330-340 4th Street Key Colony, FL WATERFRONT BEAUTIFULLY RENOVATED DUPLEX 330-340, 2BR 2BA Upper Level, 1BR 1.5BA Lower Leve...	3 beds \| 4 baths \| 2,540 sq.ft.	$1,849,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 2.74% Airbnb Rental Income: $6520 Traditional Rental Income: $7487 Airbnb ROI: 1.43% Traditional ROI: 2.74%

Real Estate investment in Key-colony, FL

There are 21 properties for sale in the city of Key Colony . The median list price in Key Colony is $924,500 and the average price per square foot is $525. In June 2026, the average monthly cash on cash return in Key Colony is 2.00%. The average monthly rental income in Key Colony is $4,367.

Key-colony, FL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 21 investment properties available for sale in Key-colony.

In 2026, the best neighborhood to buy investment property is Key Colony.

The ROI for Short-Term is higher than the Long-Term in Key-colony with average rental income of $6,520.

Your search for investment property begins and ends here

Investment Property for Sale in Key Colony, FL

320 5Th Street

Key Colony, FL

5 beds | 3 baths | 3,234 sq.ft.

$1,975,000

Airbnb cash on cash: 3.12%

Traditional cash on cash: 2.41%

Airbnb Rental Income: $10866

Traditional Rental Income: $7553

Airbnb ROI: 3.12%

Traditional ROI: 2.41%

651 9th Street

Key Colony, FL

2 beds | 3 baths | 1,176 sq.ft.

$1,395,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 1.59%

Airbnb Rental Income: $4498

Traditional Rental Income: $4337

Airbnb ROI: 0.99%

Traditional ROI: 1.59%

440 9th Street

Key Colony, FL

3 beds | 2 baths | 1,682 sq.ft.

$1,335,000

Airbnb cash on cash: 2.6%

Traditional cash on cash: 2.21%

Airbnb Rental Income: $6520

Traditional Rental Income: $4765

Airbnb ROI: 2.6%

Traditional ROI: 2.21%

741 9Th Street

Key Colony, FL

2 beds | 2 baths | 1,023 sq.ft.

$825,000

Airbnb cash on cash: 2.66%

Traditional cash on cash: 0.85%

Airbnb Rental Income: $4498

Traditional Rental Income: $2165

Airbnb ROI: 2.66%

Traditional ROI: 0.85%

601 W OCEAN Drive #311D

Key Colony, FL

2 beds | 3 baths | 1,343 sq.ft.

$574,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 0.69%

Airbnb Rental Income: $4498

Traditional Rental Income: $3689

Airbnb ROI: 0.45%

Traditional ROI: 0.69%

1001 W Ocean Drive #1-204

Key Colony, FL

2 beds | 2 baths | 1,260 sq.ft.

$755,000

Airbnb cash on cash: 2.08%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $4498

Traditional Rental Income: $4330

Airbnb ROI: 2.08%

Traditional ROI: 3.17%

501 E Ocean Drive #9

Key Colony, FL

2 beds | 2 baths | 972 sq.ft.

$799,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $4498

Traditional Rental Income: $4302

Airbnb ROI: 0.76%

Traditional ROI: 1.76%

580 & 590 10th Street

Key Colony, FL

7 beds | 7 baths | 4,478 sq.ft.

$2,995,000

Airbnb cash on cash: 1.52%

Traditional cash on cash: 3.89%

Airbnb Rental Income: $10866

Traditional Rental Income: $15459

Airbnb ROI: 1.52%