500 12th Street, Key Colony, FL 33051 (MLS# 590365)

500 12th Street, Key Colony, FL 33051

$510,000

Property Type: Vacant Land Lot Size (sq. ft.): 8,250 Status: Closed

Current Price: $510,000 List Date: 3/22/2020 Last Modified: 9/24/2025

Description

SELLER FINANCING AVAILABLE! Build your Dream home NOW on this east facing lot!! The Building Right is in place so submit your plans and start building on 75 ft wide canal front lot with concrete seawall and step down dock. Just 5 minutes the open ocean and gulf. DEED RESTRICTION - No Vacation Rental Allowed Seller is realtor / listing agent

More Information MLS# 590365

Contract Information

Listing Board: Marathon/Lower Keys ROGO Exempt: Yes Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $510,000 Listing Date: 2020-03-20 Sold Price: $510,000

Location, Tax & Legal

City: KEY COLONY Off Shore Island: No Mile Marker: 53.5 Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca) Side: Ocean Flood Zone: AE Alternate Key #: 1083259 Parcel #: 00077520-000000 Zoning: R-1A - Key Colony Single Family Deed Restrictions: Yes Legal: BK 12 N 62 1/2 FT LT 57 AND S 12.5 FT LT 56 KEY COLONY BEACH SECOND ADDN SHELTER KEY PB4-94 OR186-480 OR429-489 OR564-96 Taxes: 4283.59 Tax Year: 2019 Street #: 500 Street Name: 12th Street Suffix: Street Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Key Colony Bch 2nd Addn (53.5) Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

General Property Description

Realtor.COM Type: Vacant Land Waterfront: Yes Control Depth: 5 Lot SqFt: 8250 Total Lots: 1 Survey Available: No

Remarks & Misc

Remarks – Consumer: SELLER FINANCING AVAILABLE! Build your Dream home NOW on this east facing lot!! The Building Right is in place so submit your plans and start building on 75 ft wide canal front lot with concrete seawall and step down dock. Just 5 minutes the open ocean and gulf. DEED RESTRICTION - No Vacation Rental Allowed Seller is realtor / listing agent Directions: Overseas Hwy Mile Marker 53.5 turn at light onto Sadowski Causeway. Turn right onto W. Ocean Dr. Turn right onto 12th Street. Lot is halfway down on right.

Assoc/Misc Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Miscellaneous Info

Mobile Home Lot: No

Dockage

Dock: Other Seawall: Concrete

Tax Exemptions

None: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Neighborhood Feature

Beach: 1 Tennis Courts: 1

Location/Site

Cleared Site: 1 Water Frontage: 1

Existing Utilities

Electric on Site: 1 Other Utilities: 1 Sewer: 1 Water Line: 1 Water Meter: 1

BuildingPermit

Other Permit: 1

Security

Patrolled Area: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Seller Finance Psble: 1

Title

Negotiable: 1

Property Rights

Transfer Bldg Rights: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2020-08-25 Sold Price: $510,000 Status: Closed

Property Features

Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Neighborhood Feature: Beach; Tennis Courts Existing Utilities: Electric on Site; Other Utilities; Sewer; Water Line; Water Meter BuildingPermit: Other Permit Security: Patrolled Area Land Size: Less Than 1/4 Acre Terms: Seller Finance Psble Title: Negotiable Property Rights: Transfer Bldg Rights

Listing Office: Berkshire Hathaway HomeServices Keys Real Estate

Last Updated: September - 24 - 2025

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