Experience Florida Keys living at its finest in this beautifully remodeled and redesigned home, theManatee Bungalow. Sold turn-key this property offers a proven rental history with bookings in place, making it the perfect option for a vacation rental or retirement home in paradise. This spacious and modern home features tile throughout, a custom kitchen with a large center island, a dining area, and a cozy living room. With three bedrooms, including two ensuite bathrooms, this home is perfect for families or groups of friends. The home is fully updated with impact-resistant windows and doors, plumbing, electrical, central AC system, as well as Mitsubishi mini splits in each bedroom for ultimate comfort. After a day of fun in the sun, step outside to your own personal tiki hut and enjoy a refreshing drink while taking in the tranquil scenery. This property also offers ample space for a pool. New pavers throughout the yard, white maintenance free aluminum fence, and an irrigation system for the lush lawn. Boat enthusiasts will love the two boat slips, each accommodating boats up to 50 feet in length, with one currently featuring a 12,000-pound lift. Enjoy the open-water views of the 200-ft wide canal with deep-water access, ideally located for exploring the open ocean and the Gulf. If you're an avid golfer, tennis player, or enjoy outdoor sports, you'll have access to a variety of activities right across the street, including golf, tennis, pickleball, basketball, and playgrounds. Don't miss the chance to experience island living at its finest at Manatee Bungalow.
Under contract
Price cut: $10K (1/3)
$1,569,000
50 7th St, Key Colony Beach, FL 33051
3beds
1,605sqft
Est.:
Single Family Residence
Built in 1959
2,178 Square Feet Lot
$1,490,500 Zestimate®
$978/sqft
$-- HOA
What's special
Maintenance free aluminum fenceSpacious and modern homePersonal tiki hut
- 102 days |
- 80 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Frank Griffiths 305-563-1838,
Lokation Real Estate
Source: FLKMLS,MLS#: 617225
Originating MLS: Marathon/Lower Keys
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Flooring: Tile
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 1,605 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage, Covered, Off Street, Guest, Attached
- Has attached garage: Yes
Accessibility
- Accessibility features: No
Features
- Has view: Yes
- View description: Canal, Water
- Has water view: Yes
- Water view: Canal,Water
- Waterfront features: Canal Front, Open Water, Waterfront, Dock Length: 50
Lot
- Size: 2,178 Square Feet
- Features: More than 1 Lot
Details
- Parcel number: 00078090000000
- Zoning: R-1B
- Zoning description: Key Colony Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Combo Construction
Condition
- Year built: 1959
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Municipal Sewer, Public Sewer
- Water: Water Separate Meter
- Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected
Community & HOA
Community
- Features: Tennis Court(s), Bike Paths, Beach
- Subdivision: Key Colony Bch Yacht (53.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Colony Beach
Financial & listing details
- Price per square foot: $978/sqft
- Tax assessed value: $1,001,441
- Annual tax amount: $9,872
- Date on market: 11/7/2025
- Listing terms: Cash,Conventional
Estimated market value
$1,490,500
$1.42M - $1.57M
$5,676/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2026 | Contingent | $1,569,000$978/sqft |
Source: | ||
| 1/3/2026 | Price change | $1,569,000-0.6%$978/sqft |
Source: | ||
| 12/16/2025 | Price change | $1,579,000-0.6%$984/sqft |
Source: | ||
| 12/4/2025 | Listed for sale | $1,589,000$990/sqft |
Source: | ||
| 12/2/2025 | Contingent | $1,589,000$990/sqft |
Source: | ||
| 11/7/2025 | Listed for sale | $1,589,000$990/sqft |
Source: | ||
| 10/7/2025 | Listing removed | $1,589,000$990/sqft |
Source: | ||
| 8/29/2025 | Price change | $1,589,000-0.6%$990/sqft |
Source: | ||
| 7/11/2025 | Listed for sale | $1,599,000+87.5%$996/sqft |
Source: | ||
| 3/27/2020 | Sold | $853,000+367.4%$531/sqft |
Source: | ||
| 6/14/1994 | Sold | $182,500$114/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,873 -2.4% | $1,001,441 +0% |
| 2024 | $10,120 +5.8% | $1,001,055 +9.2% |
| 2023 | $9,564 +11.6% | $917,082 +10% |
| 2022 | $8,572 +8% | $833,711 +11.7% |
| 2021 | $7,935 +17.5% | $746,171 +24.4% |
| 2020 | $6,755 | $599,620 +10% |
| 2019 | $6,755 +17.8% | $545,109 +4.1% |
| 2018 | $5,732 +7.7% | $523,825 -13.2% |
| 2017 | $5,321 +0.2% | $603,632 +33.5% |
| 2016 | $5,311 +12.4% | $452,010 +39.1% |
| 2015 | $4,726 | $325,026 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,817/mo
Principal & interest
$7745
Property taxes
$1072
Climate risks
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 4/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.8 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 3.9 mi
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