521 11Th Street, Key Colony, FL 33051

$1,695,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,247 Lot Size (sq. ft.): 8,250 Status: Closed
Current Price: $1,695,000 List Date: 2/07/2025 Last Modified: 3/28/2025

Description

Coastal charm meets modern updates in this two-bedroom, two-bath stilted home—a fantastic opportunity for single-family living in highly desirable Key Colony Beach. Boaters will love the location, with a new 75-foot seawall and a 15,000-pound boat lift, offering quick, 3-4 minute access to either the Atlantic or the Gulf of Mexico via Vaca Cut. Recent improvements over the past few years include a custom-designed concrete pool, a 2020 metal roof, and a full exterior repaint from top to bottom, adding to the home's fresh, updated feel. Inside, the home is designed to take advantage of its waterfront setting, with water views from the living, dining, and kitchen areas. The spacious bedrooms offer plenty of room to relax—the guest bedroom easily accommodates two queen beds with extra space, while the primary suite features a king-sized bed and ample room for additional furnishings. A standout feature is the 43-foot terrace spanning the entire back of the home, where you can take in peaceful water and pool views. The finished lower level adds an additional 363 square feet, featuring a permitted full bath, providing flexible space for storage, a recreation area, or other uses. Low assumable flood insurance is an added bonus, and there's an opportunity to purchase shares to exclusive Inch Beach, offering access to one of the most coveted private beaches (ask for details). Fully furnished with relaxed coastal décor, this inviting retreat is ready to enjoy.

More Information MLS# 613578

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Species List: No Current Price: $1,695,000 Listing Date: 2025-02-07 Sold Price: $1,695,000

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,AE Alternate Key #: 1082902 Parcel #: 00077170-000000 Zoning: R-1A - Key Colony Single Family Deed Restrictions: Unknown Legal: BK 12 LT 22 KEY COLONY BEACH SECOND ADDN SHELTER KEY PB-4-94 OR144-520 OR190-269 OR500-291 OR795-141 OR1622-1769AFF OR16 Taxes: 11324.87 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 521 Street Name: 11Th 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: Residential - Single Family Waterfront: Yes Control Depth: 5 Lot SqFt: 8250 Pool: Yes Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.19 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 1977 Living Apx SqFt: 1247 Total Bedrooms: 2 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Coastal charm meets modern updates in this two-bedroom, two-bath stilted home—a fantastic opportunity for single-family living in highly desirable Key Colony Beach. Boaters will love the location, with a new 75-foot seawall and a 15,000-pound boat lift, offering quick, 3-4 minute access to either the Atlantic or the Gulf of Mexico via Vaca Cut. Recent improvements over the past few years include a custom-designed concrete pool, a 2020 metal roof, and a full exterior repaint from top to bottom, adding to the home's fresh, updated feel. Inside, the home is designed to take advantage of its waterfront setting, with water views from the living, dining, and kitchen areas. The spacious bedrooms offer plenty of room to relax—the guest bedroom easily accommodates two queen beds with extra space, while the primary suite features a king-sized bed and ample room for additional furnishings. A standout feature is the 43-foot terrace spanning the entire back of the home, where you can take in peaceful water and pool views. The finished lower level adds an additional 363 square feet, featuring a permitted full bath, providing flexible space for storage, a recreation area, or other uses. Low assumable flood insurance is an added bonus, and there's an opportunity to purchase shares to exclusive Inch Beach, offering access to one of the most coveted private beaches (ask for details). Fully furnished with relaxed coastal décor, this inviting retreat is ready to enjoy. Directions: From Overseas Hwy/MM53.5, turn at Sadowski Cswy light; to W Ocean Dr, turn right; to 11th St, turn right. 521 11th will be on left side.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock Length: 75 Boat Lift: 1 Seawall: Other

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Tile: 1

Neighborhood Feature

Airstrip: 1 Beach: 1 Bike Paths: 1

Interior Features

Quartz Countertops: 1 Split Bedroom: 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Utility Room: 1 Workshop: 1

Building Style

Above Flood: Unknown Stilt Column Height: Tall - 10Ft & Over

Windows/Doors

Double Hung Windows: 1 Impact Rstnce Window: 1 Sliding Glass Doors: 1

Vehicle Storage

Carport: 1 Covered Parking: 1 Off Street Parking: 1 Trailer Storage: 1

Security

Patrolled Area: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 VA: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 Community Swr Plant: 1 Elect Separate Meter: 1 FKAA: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Title Ins - Buyer: 1

Exterior Features

Storage: 1

Pool Info

In Ground: 1 Concrete: 1

Roof

Metal Roof: 1

Financial Status

Standard Sale: Yes

Accessibility Feat

None: 1

Shutters

Accordion: 1

Status Change Info

Sold Date: 2025-03-28 Sold Price: $1,695,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Lift Property Condition: Updated/Remodeled Vehicle Storage: Carport; Covered Parking; Off Street Parking; Trailer Storage Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; Community Swr Plant; Elect Separate Meter; FKAA Interior Features: Quartz Countertops; Split Bedroom; Window Treatments Specialty Rooms: Utility Room; Workshop Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Stainless Steel Appliance(s) Exterior Features: Storage Accessibility Feat: None Pool Info: In Ground; Concrete Construction: CBS Shutters: Accordion Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Beach; Bike Paths Security: Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; VA Title: Title Ins - Buyer
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: March - 28 - 2025
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.