Located within exclusive Key Colony Beach, nestled on a lushly landscaped, oversized lot, lies a stunning Oceanfront estate of unrivaled opulence. Boasting in-ground saltwater pool and spa, private sandy beach, firepit, built-in outdoor kitchen, and sprawling composite dock with 40K boat lift, this home caters to elevated Florida Keys living, and the 13,659 Sq. Ft. manicured lot across the street is also included in the sale where you can add a guest house or 2nd home. Enter through soaring glass doors into an elegant foyer, where turquoise Ocean Views are the focal point of the courtyard in the heart of the home. In the South wing, a gorgeous Great Room features access to both the courtyard and a covered veranda, boasting views of the grounds, pool, and Open Water. A well-appointed wet bar, complete with refrigerator and wine cooler, lends itself to entertaining. In the North wing, the showstopping Chef's Kitchen, with premium appliances, including gas range, and large island with storage and seating, is designed for hosting memorable gatherings. Visitors will enjoy superior accommodation in either the downstairs guest suite, or either of two upstairs en suite guest bedrooms. Retire to a palatial primary suite, with large walk-in closet with laundry, luxurious en suite, sitting area, and built-in wet bar, provided abundant privacy in the upstairs South wing. Wake up to magnificent Ocean Views and enjoy morning coffee on the private primary balcony. Outside, host memorable events in the lush backyard oasis. Lounge poolside on the sun deck or beachside in a shaded hammock. Grill up your fresh catch and enjoy sunset cocktails from the well-appointed, built-in outdoor kitchen, and cozy up by the firepit under a blanket of stars, to enjoy balmy ocean breezes. This spectacular property is designed for resort-style living, situated in sought-after Key Colony, boasting incomparable community amenities and with convenient proximity to delectable dining and stores in town
For sale
Price cut: $500K (3/2)
$7,999,000
205 15th Cir, Key Colony Beach, FL 33051
4beds
4,888sqft
Est.:
Single Family Residence
Built in 1993
0.62 Acres Lot
$-- Zestimate®
$1,636/sqft
$-- HOA
What's special
Private sandy beachSun deckBuilt-in outdoor kitchenStunning oceanfront estateLush backyard oasisSoaring glass doorsPalatial primary suite
- 125 days |
- 1,643 |
- 50 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2026 at 09:35am
Listed by:
Lisa H Ferringo 305-797-1221,
Coldwell Banker Schmitt Real Estate Co
Source: FLKMLS,MLS#: 614617
Originating MLS: Key West Association
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: More Appliances, Stainless Steel Appliance(s), Gas Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
- Laundry: Laundry Room
Features
- Wet Bar, Bar, Walk-In Closet(s), Storage, Granite Counters, Built-in Cabinets, Entrance Foyer, Split Bedroom, Cathedral Ceiling(s), Other Specialty Room
- Flooring: Tile, Marble, Wood
Interior area
- Total interior livable area: 4,888 sqft
Video & virtual tour
Property
Parking
- Parking features: Garage, Trailer Storage, Off Street, Open, Attached
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Lanai, Open Porch/Balcony, Patio
- Exterior features: Bar, Storage, Sandy Beach, Outdoor Kitchen, Lighting, Built-in Barbecue
- Has private pool: Yes
- Pool features: Heated, In Ground, Decked
- Fencing: Fenced
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Oceanfront, Open Water, Waterfront, Sandy Beach, Dock: Composite, Dockage: Boat Lift
Lot
- Size: 0.62 Acres
- Features: 1/2 - Less Than 1 AC
- Residential vegetation: Fruit Tree(s)
Details
- Additional parcels included: 00079872011500
- Parcel number: 00079872010200
- Zoning: R-1A
- Zoning description: Key Colony Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
- Roof: Concrete
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & HOA
Community
- Features: Other, Bike Paths
- Subdivision: Coury Sub (53.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Colony Beach
Financial & listing details
- Price per square foot: $1,636/sqft
- Tax assessed value: $4,780,416
- Annual tax amount: $29,515
- Date on market: 11/15/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Price change | $7,999,000-5.9%$1,636/sqft |
Source: | ||
| 11/15/2025 | Listed for sale | $8,499,000$1,739/sqft |
Source: | ||
| 7/11/2025 | Listing removed | $8,499,000$1,739/sqft |
Source: | ||
| 4/13/2025 | Listed for sale | $8,499,000-5.6%$1,739/sqft |
Source: FLKMLS #614617 Report a problem | ||
| 4/12/2025 | Listing removed | $8,999,000$1,841/sqft |
Source: | ||
| 11/25/2024 | Listed for sale | $8,999,000$1,841/sqft |
Source: | ||
| 7/16/2024 | Listing removed | -- |
Source: | ||
| 4/25/2024 | Listed for sale | $8,999,000+185.7%$1,841/sqft |
Source: | ||
| 6/15/2017 | Sold | $3,150,000-18.7%$644/sqft |
Source: | ||
| 12/13/2016 | Listing removed | $3,875,000$793/sqft |
Source: Ocean Sotheby's International Realty #570795 Report a problem | ||
| 5/6/2016 | Price change | $3,875,000-13.9%$793/sqft |
Source: Ocean Sotheby's International Realty #570795 Report a problem | ||
| 5/6/2015 | Listed for sale | $4,500,000$921/sqft |
Source: Ocean Sotheby's International Realty #567419 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $44,648 +51.3% | $4,780,416 +54.7% |
| 2024 | $29,515 +2.1% | $3,089,124 +3.2% |
| 2023 | $28,904 +3.9% | $2,992,360 +3% |
| 2022 | $27,832 -1.5% | $2,905,204 +3% |
| 2021 | $28,248 +5% | $2,820,587 +1.4% |
| 2020 | $26,906 | $2,781,644 +4.4% |
| 2019 | $26,906 +4.2% | $2,665,226 +2.4% |
| 2018 | $25,812 +6.5% | $2,602,003 -19.9% |
| 2017 | $24,230 -15.3% | $3,249,718 +7.4% |
| 2016 | $28,594 +4.3% | $3,026,546 +96.5% |
| 2015 | $27,417 | $1,540,004 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$44,751/mo
Principal & interest
$39285
Property taxes
$5466
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Climate risks
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 4/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 3.3 mi
Local experts in 33051
- Florida
- Monroe County
- Key Colony Beach
- 33051
- 205 15th Cir
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