Welcome to an exceptional island retreat in the heart of Key Colony Beach. This beautifully elevated single-family residence embodies refined coastal luxury, offering 3 bedrooms and 2 bathrooms, bonus space with no detail overlooked. Thoughtfully renovated, the home features a new metal roof, impact-rated windows and doors, elegant LVT flooring, designer lighting, custom cabinetry, and exquisite Cambria quartz countertops throughout.Outdoors, the property transforms into a private resort. Lush tropical landscaping and ambient exterior lighting set the tone, while an outdoor shower, custom bar, and sparkling pool create the perfect setting for entertaining or unwinding in complete privacy. Boating enthusiasts will appreciate 75 feet of concrete dockage with a composite step-down system, seamlessly blending function with style. An expansive, titled upper deck offers a sophisticated space for gatherings, sunset cocktails, and elevated island living.Ideally positioned just moments from the iconic Sunset Park, this residence delivers a rare combination of luxury, lifestyle, and location. A truly turnkey opportunity to own a distinguished piece of paradise in Key Colony Beach. Schedule your private showing today.
For sale
Price cut: $80K (2/2)
$2,495,000
520 12th St, Key Colony Beach, FL 33051
3beds
1,584sqft
Est.:
Single Family Residence
Built in 1985
8,276.4 Square Feet Lot
$-- Zestimate®
$1,575/sqft
$-- HOA
What's special
Bonus spaceNew metal roofBeautifully elevated single-family residenceSparkling poolLush tropical landscapingCustom cabinetryCustom bar
- 30 days |
- 1,112 |
- 28 |
Zillow last checked: 8 hours ago
Listing updated: February 11, 2026 at 08:35am
Listed by:
Brenner Scheel Casey 305-783-3395,
Florida Keys Real Estate Group
Source: FLKMLS,MLS#: 618093
Originating MLS: Marathon/Lower Keys
Originating MLS: Marathon/Lower KeysTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
Features
- Built-in Cabinets, Quartz Countertops, Bar, Storage
- Flooring: Tile, Laminate
- Doors: Impact Rstnce Doors
- Windows: Window Treatments, Other Windows/Doors, Impact Rstnce Window
Interior area
- Total interior livable area: 1,584 sqft
Property
Parking
- Parking features: Garage, Covered
- Has garage: Yes
Features
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Bar, Water Display, Storage, Outdoor Shower, Lighting
- Has private pool: Yes
- Pool features: In Ground, Fiberglass
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Front, Waterfront, Dock: Concrete, Dock Length: 75
Lot
- Size: 8,276.4 Square Feet
- Features: Less Than 1/4 Acre
Details
- Additional structures: Workshop
- Parcel number: 00077500000000
- Zoning: R-1A
- Zoning description: Key Colony Single Family
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & HOA
Community
- Features: Tennis Court(s), Other, Fire Hydrant
- Security: Security System, Other
- Subdivision: Key Colony Bch 2nd Addn (53.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Colony Beach
Financial & listing details
- Price per square foot: $1,575/sqft
- Tax assessed value: $1,518,899
- Annual tax amount: $14,634
- Date on market: 1/13/2026
- Listing terms: Seller Finance Psble,Conventional,Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Price change | $2,495,000-3.1%$1,575/sqft |
Source:  FLKMLS #618093 Report a problem | ||
| 1/22/2026 | Price change | $2,575,000-3.7%$1,626/sqft |
Source: FLKMLS #618093 Report a problem | ||
| 1/13/2026 | Listed for sale | $2,675,000+57.4%$1,689/sqft |
Source: FLKMLS #618093 Report a problem | ||
| 12/18/2024 | Sold | $1,700,000-3.7%$1,073/sqft |
Source:  Key West AOR #612403 Report a problem | ||
| 12/10/2024 | Pending sale | $1,764,999$1,114/sqft |
Source: FLKMLS #612403 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,635 +139.2% | $1,518,899 +142.4% |
| 2024 | $6,119 +3.4% | $626,494 +3% |
| 2023 | $5,918 +3.1% | $608,247 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$14,848/mo
Principal & interest
$12270
Property taxes
$1705
Home insurance
$873
Climate risks
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 4/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.4 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 3.5 mi
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