Key Colony Beach is one of the Florida's Keys most desired cities and due to this, there are very few buildable waterfront lots remaining and as of right now there are only 2 available and the next lot is priced at $3,998,777, making this the LOWEST PRICED Waterfront lot in all of Key Colony by over $2.1M. Unlike most other cities in the keys, all Key Colony Beach lots are buildable, and permits will be issued once final plans are approved; no need to purchase building rights or have to wait years for a building permit. Lot has a Brand New 90Ft Seawall with Concrete Cap. What is even more special about this specific lot is that not only was the canal recently dredged, making it approximately 5 feet deep at low tide and approximately 40 feet wide; it offers rare privacy as across the canal will never have any homes built, which is very uncommon for Key Colony Beach. The lot is just shy of 10k sqft at 9756 and offers direct access to open ocean and the Bay via Vaca Cut in just minutes. For the avid boaters, there are three marine fuel docks just a short 8 minute boat ride away and two of them have bait tackle shops onsite. Key Colony's Sunset Park Beach is just a short walk from this lot and offers some of the best sunsets in the Florida Keys and it is dog friendly. For the avid golfers, Key Colony Beach Golf course is just a 3 minutes away and open to the public. Key Colony is also known for its annual lighted Boat Parade, which is a resident favorite. Do not miss the opportunity to acquire one of the last buildable waterfront lots in Key Colony. 180 12Th St just sold for $2,125,000 and was 415 sqft smaller. Plans are available for a 6 Bed, 6.5 Bath, plus 2 Offices 3,976 sqft Pool home with additional 2,596 sqft of Exterior Decks & Porches by the very well-respected local builders Design Center. Centennial Bank is offering construction financing up to 75% loan to value to finance the lot and the construction of the home or 40% loan to value for just the lot.
Under contract
$1,825,000
200 15th Cir, Key Colony Beach, FL 33051
--beds
--baths
9,765Square Feet
Unimproved Land
Built in ----
9,765 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Buildable waterfront lotRare privacy
- 265 days |
- 57 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 10:18am
Listed by:
Kenny L. Matlock 305-849-5582,
No Nonsense Real Estate Branch Office,
Chris Cioffi 239-410-5099,
No Nonsense Real Estate Branch Office
Source: FLKMLS,MLS#: 615804
Originating MLS: Marathon/Lower Keys
Facts & features
Property
Features
- Has view: Yes
- View description: Canal
- Water view: Canal
- Waterfront features: Canal Front, Waterfront, Dock Length: 92
Lot
- Size: 9,765 Square Feet
- Features: Less Than 1/4 Acre, Cleared
Details
- Parcel number: 00079872008800
- Zoning: R-1B
- Zoning description: Key Colony Single Family
Community & HOA
Community
- Features: Tennis Court(s), Beach, Other, Community Boat Ramp
- Subdivision: Coury Sub (53.5)
HOA
- Has HOA: No
Location
- Region: Key Colony Beach
Financial & listing details
- Tax assessed value: $1,058,179
- Annual tax amount: $6,680
- Date on market: 7/15/2025
- Listing terms: Buyer Obtain Finance
Estimated market value
Not available
Estimated sales range
Not available
$7,514/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Contingent | $1,825,000 |
Source: | ||
| 7/15/2025 | Listed for sale | $1,825,000+114.7% |
Source: | ||
| 6/14/2023 | Sold | $850,000-63% |
Source: Public Record Report a problem | ||
| 3/28/2023 | Price change | $2,300,000+130% |
Source: | ||
| 3/24/2023 | Price change | $1,000,000+22% |
Source: | ||
| 2/27/2023 | Price change | $820,000-64.3% |
Source: | ||
| 2/12/2023 | Price change | $2,300,000-23.3% |
Source: | ||
| 2/1/2023 | Price change | $3,000,000+263.6% |
Source: | ||
| 2/1/2023 | Price change | $825,000-2.9% |
Source: | ||
| 12/29/2022 | Listed for sale | $850,000+14.1% |
Source: Owner Report a problem | ||
| 2/14/2022 | Listing removed | -- |
Source: | ||
| 1/31/2022 | Price change | $745,000-0.5% |
Source: | ||
| 1/11/2022 | Price change | $749,000-2.6% |
Source: | ||
| 1/3/2022 | Price change | $769,000-1.3% |
Source: | ||
| 11/29/2021 | Price change | $779,000-1.3% |
Source: | ||
| 11/8/2021 | Price change | $789,000-0.8% |
Source: | ||
| 10/12/2021 | Price change | $795,000-1.9% |
Source: | ||
| 10/10/2021 | Price change | $810,000-1.8% |
Source: | ||
| 10/2/2021 | Price change | $825,000-2.9% |
Source: Owner Report a problem | ||
| 9/28/2021 | Listed for sale | $850,000+112.5% |
Source: Owner Report a problem | ||
| 7/16/2021 | Sold | $400,000+393.8% |
Source: Public Record Report a problem | ||
| 11/20/1998 | Sold | $81,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,652 +29.5% | $871,810 +25.2% |
| 2024 | $6,681 +68.5% | $696,196 +80.9% |
| 2023 | $3,965 +16.5% | $384,861 +10% |
| 2022 | $3,404 +17.4% | $349,874 +32.2% |
| 2021 | $2,898 +6.8% | $264,671 +10% |
| 2020 | $2,715 | $240,610 -29.7% |
| 2019 | $2,715 +4.8% | $342,117 |
| 2018 | $2,590 +8.3% | $342,117 +34.9% |
| 2017 | $2,392 +22.9% | $253,597 +0.4% |
| 2016 | $1,947 +1% | $252,484 -18.5% |
| 2015 | $1,926 | $309,651 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 4/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.2 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 3.3 mi
Local experts in 33051
- Florida
- Monroe County
- Key Colony Beach
- 33051
- 200 15th Cir
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Nearby zip codes
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