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Sold for $7,400,000
  • $7,400,000

    205 15th Cir, Key Colony Beach, FL 33051

    4beds
    4,888sqft
    Single Family Residence
    Built in 1993
    0.62 Acres Lot
    $7,401,200 Zestimate®
    $1,514/sqft
    $7,954 Estimated rent

    Home value

    $7,401,200

    $6.66M - $8.22M

    $7,954/mo

    Zestimate® history
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    What's special

    Private sandy beachSun deckBuilt-in outdoor kitchenStunning oceanfront estateLush backyard oasisSoaring glass doorsPalatial primary suite
    Located within exclusive Key Colony Beach, nestled on a lushly landscaped, oversized lot, lies a stunning Oceanfront estate of unrivaled opulence. Boasting in-ground saltwater pool and spa, private sandy beach, firepit, built-in outdoor kitchen, and sprawling composite dock with 40K boat lift, this home caters to elevated Florida Keys living, and the 13,659 Sq. Ft. manicured lot across the street is also included in the sale where you can add a guest house or 2nd home. Enter through soaring glass doors into an elegant foyer, where turquoise Ocean Views are the focal point of the courtyard in the heart of the home. In the South wing, a gorgeous Great Room features access to both the courtyard and a covered veranda, boasting views of the grounds, pool, and Open Water. A well-appointed wet bar, complete with refrigerator and wine cooler, lends itself to entertaining. In the North wing, the showstopping Chef's Kitchen, with premium appliances, including gas range, and large island with storage and seating, is designed for hosting memorable gatherings. Visitors will enjoy superior accommodation in either the downstairs guest suite, or either of two upstairs en suite guest bedrooms. Retire to a palatial primary suite, with large walk-in closet with laundry, luxurious en suite, sitting area, and built-in wet bar, provided abundant privacy in the upstairs South wing. Wake up to magnificent Ocean Views and enjoy morning coffee on the private primary balcony. Outside, host memorable events in the lush backyard oasis. Lounge poolside on the sun deck or beachside in a shaded hammock. Grill up your fresh catch and enjoy sunset cocktails from the well-appointed, built-in outdoor kitchen, and cozy up by the firepit under a blanket of stars, to enjoy balmy ocean breezes. This spectacular property is designed for resort-style living, situated in sought-after Key Colony, boasting incomparable community amenities and with convenient proximity to delectable dining and stores in town

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa H Ferringo 305-797-1221,

    Coldwell Banker Schmitt Real Estate Co

    Bought with:

    outside of mls

    Outside Of MLS

    Source: FLKMLS,MLS#: 614617MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: More Appliances, Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Gas Appliances, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Built-in Features, Granite Counters, Storage, Walk-in Closet(s), Bar
    • Flooring: Tile, Wood, Marble
    Interior area
    • Total structure area: 4,888
    • Total interior livable area: 4,888 sqft

    Property

    Parking
    • Parking features: Attached, Open, Storage
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Patio, Lanai
    • Exterior features: Bar, Built-in Barbecue, Fruit Tree(s), Lighting, Outdoor Kitchen, Sandy Beach, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Decked
    • Fencing: Fenced
    • On waterfront: Yes
    Lot
    • Size: 0.62 Acres
    Details
    • Additional parcels included: 00079872-011500
    • Parcel number: 00079872010200
    • Zoning: R-1A - Key Colony Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1993

    Community & HOA

    Community
    • Features: Other, Bike Paths
    • Subdivision: Coury Sub (53.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key Colony Beach

    Financial & listing details

    • Price per square foot: $1,514/sqft
    • Tax assessed value: $4,780,416
    • Annual tax amount: $29,515
    • Date on market: 11/15/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/20/2026Sold$7,400,000-7.5%$1,514/sqft
    Source: FLKMLS #614617 Report a problem
    6/12/2026Contingent$7,999,000$1,636/sqft
    Source: Key West AOR #614617 Report a problem
    3/2/2026Price change$7,999,000-5.9%$1,636/sqft
    Source: Key West AOR #614617 Report a problem
    11/15/2025Listed for sale$8,499,000$1,739/sqft
    Source: Key West AOR #614617 Report a problem
    7/11/2025Listing removed$8,499,000$1,739/sqft
    Source: FLKMLS #614617 Report a problem
    4/13/2025Listed for sale$8,499,000-5.6%$1,739/sqft
    Source: FLKMLS #614617 Report a problem
    4/12/2025Listing removed$8,999,000$1,841/sqft
    Source: Key West AOR #612407 Report a problem
    11/25/2024Listed for sale$8,999,000$1,841/sqft
    Source: Key West AOR #612407 Report a problem
    7/16/2024Listing removed--
    Source: FLKMLS #609736 Report a problem
    4/25/2024Listed for sale$8,999,000+185.7%$1,841/sqft
    Source: Key West AOR #609736 Report a problem
    6/15/2017Sold$3,150,000-18.7%$644/sqft
    Source: FLKMLS #573305 Report a problem
    12/13/2016Listing removed$3,875,000$793/sqft
    Source: Ocean Sotheby's International Realty #570795 Report a problem
    5/6/2016Price change$3,875,000-13.9%$793/sqft
    Source: Ocean Sotheby's International Realty #570795 Report a problem
    5/6/2015Listed for sale$4,500,000$921/sqft
    Source: Ocean Sotheby's International Realty #567419 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$44,648 +51.3%$4,780,416 +54.7%
    2024$29,515 +2.1%$3,089,124 +3.2%
    2023$28,904 +3.9%$2,992,360 +3%
    2022$27,832 -1.5%$2,905,204 +3%
    2021$28,248 +5%$2,820,587 +1.4%
    2020$26,906 $2,781,644 +4.4%
    2019$26,906 +4.2%$2,665,226 +2.4%
    2018$25,812 +6.5%$2,602,003 -19.9%
    2017$24,230 -15.3%$3,249,718 +7.4%
    2016$28,594 +4.3%$3,026,546 +96.5%
    2015$27,417 $1,540,004
    Find assessor info on the county website

    Neighborhood: 33051

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,401,200
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    Estimated market value
    $7,401,200