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$1,800,000
Key Colony, FL 33051
MLS# 620981
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Property Description
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 3 available and the next lot is priced at $2,650,000 making this the LOWEST PRICED Waterfront lot in all of Key Colony. 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 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 5 Bed, 5 Bath, 3,467 sqft Pool Home with multiple rear balconies overlooking the water views and surrounding tropical setting. by the very well-respected local builders Design Center. We have lenders 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.
Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
ROGO Exempt: Yes
Limited Representation: Yes
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Current Price: $1,800,000
Listing Date: 2026-08-13
List Price: $1,800,000
Location, Tax & Legal
City: KEY COLONY
Mile Marker: 53.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE,AE
Alternate Key #: 8734131
Parcel #: 00079872-008800
Zoning: R-1B - Key Colony Single Family
Deed Restrictions: No
Legal: BLK 3 LOT 4 COURY SUBD NO 2 PB7-48 OR1546-539 OR3112-2376 OR3230-0397
Taxes: 8651.98
Tax Year: 2025
Street #: 200
Street Name: 15Th
Street Suffix: Circle
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Coury Sub (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
General Property Description
Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 4
Lot SqFt: 9765
Lot Dimensions: 90 X 108
Lot Sqft Source: Property Data Card
Total Lots: 1
Survey Available: Yes
Vegetation Survey: No
Remarks & Misc
Remarks – Consumer: 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 3 available and the next lot is priced at $2,650,000 making this the LOWEST PRICED Waterfront lot in all of Key Colony. 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 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 5 Bed, 5 Bath, 3,467 sqft Pool Home with multiple rear balconies overlooking the water views and surrounding tropical setting. by the very well-respected local builders Design Center. We have lenders 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.
Assoc/Misc Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Maintenance Fee $: 0
Miscellaneous Info
Mobile Home Lot: No
Dockage
Dock Length: 92
Tax Exemptions
Homestead: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Neighborhood Feature
Beach: 1
Community Boat Ramp: 1
Tennis Courts: 1
Other Area Features: 1
Location/Site
Cleared Site: 1
BuildingPermit
Other Permit: 1
Land Size
Less Than 1/4 Acre: 1
Terms
Buyer Obtain Finance: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Tax Exemptions: Homestead
Waterfront: Canal Front
Waterview: Canal View
Neighborhood Feature: Beach; Community Boat Ramp; Tennis Courts; Other Area Features
BuildingPermit: Other Permit
Land Size: Less Than 1/4 Acre
Terms: Buyer Obtain Finance
Listing Office: No Nonsense Real Estate Branch Office
Last Updated: August - 14 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.