200 15Th Circle, Key Colony, FL 33051

$1,825,000
Property Type: Vacant Land Lot Size (sq. ft.): 9,765 Status: Active
Current Price: $1,825,000 List Date: 7/15/2025 Last Modified: 11/05/2025

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 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.

More Information MLS# 615804

Contract Information

Listing Board: Marathon/Lower Keys Limited Representation: Yes As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $1,825,000 Listing Date: 2025-07-15 List Price: $1,825,000

Location, Tax & Legal

City: KEY COLONY Off Shore Island: No 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: 6680.91 Tax Year: 2024 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 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 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.

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: November - 05 - 2025
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