Cays Realty
34 7th Street, FL 33051 — MLS photo

Get More Info About This Property

34 7th Street, FL 33051

Active · SingleFamilyResidence

$847,900

34 7th Street, FL 33051

Beds
2
Baths
2
Living area
868 sq ft
$ / sq ft
$977/sq ft
Year built
1959
Lot size
2,200 sq ft
HOA fee
—
Annual tax
$6,090

About this property

Welcome to your Waterfront Paradise! This beautifully remodeled 2/2 is situated on a deep-water canal, 200' wide, with direct ocean access and no fixed bridges. Step outside to your private dock, complete with a 20,000 lbs. boat lift, making it effortless to get out on the water anytime you please. Inside, the home has been fully updated with modern finishes, and a stylishly renovated interior that's move-in ready. Major upgrades, including new A/C units (2025)and 2019 roof, ensuring comfort and long-term value. Relax under the 2023-built tiki hut, perfect for entertaining or unwinding. Even better, there are no rental restrictions, making this property an excellent opportunity for investors, seasonal rentals, or full-time living. This waterfront gem checks every box!

Property location

Get Directions

34 7th Street, FL 33051

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
868 sq ft
Flooring
Ceramic Tile, Marble
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
Cooling
Ceiling Fans, Exhaust Fan
Heating
Other
Interior features
Wet Bar, Breakfast Bar, Bedroom On Main Level, Closet Cabinetry, Main Level Primary, Main Living Area Entry Level, Split Bedrooms, Shower Only, Vaulted Ceilings, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1959
Stories
1
Lot size
2,200 sq ft
Architectural style
One Story
Roof
Tar Gravel
Construction
CBSConcrete Block Structure, Block
Exterior features
Other, Patio, Shutters Electric, Storm Security Shutters
Pool
None
Waterfront
Canal Access, Canal Front, Intersecting Canal, Navigable Water, Ocean Access, Seawall
View
Canal, Golf Course, Water

Parking

Covered spaces
0
Parking features
Driveway, One Space, On Street

HOA, Community & Financials

Amenities
Boat Dock
Security
Security Lights, Smoke Detectors
Pets allowed
No
Annual tax
$6,090
Subdivision
KEY COLONY BEACH
County
Monroe
Days on market
183
MLS listing ID
B26020292
Listing status
Active

Virtual tour

Explore 3D / Virtual Tour

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,517

Cap rate
3.5%
Net yield
3.5%
Cash-on-cash return
-7.7%
Gross yield
5.5%
Mortgage payment
$4,019/mo
Down payment
$211,975
Loan amount
$635,925
Annual NOI
$30,030

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.