Discover an exceptional D'Asign Source designer home in prestigious Key Colony Beach, set on a beautifully landscaped lot with effortless access to both the bay and the open ocean. This spacious 4 bedroom 4 bath, light-filled residence offers generous living areas with soaring ceilings and oversized windows that seamlessly connect the indoors with the stunning natural surroundings.The expansive ground floor is perfectly designed for entertaining and family living, featuring a large living room, gourmet kitchen, formal dining area, and a dedicated media room and one guest bedroom and a two-car garage currently used as a versatile game room. A whole-home stereo system adds to the refined ambiance throughout.Built with enduring quality, the waterfront home features all-concrete construction and a brand-new custom metal imitation barrel tile roof.At the heart of this private oasis lies a beautiful swimming pool with an inviting tiki hut -- an ideal retreat for family gatherings and relaxed entertaining. Complementing this is a deep-water dock equipped with a powerful 30,000-pound hydraulic boat lift, offering effortless access to the bay and beyond.Perfectly suited for a large family or those who love to host, this magnificent Key Colony Beach estate delivers space, luxury, and unparalleled waterfront living in one of the Florida Keys' most sought-after communities.
For sale
Price cut: $200K (4/27)
$3,700,000
431 12th St, Key Colony Beach, FL 33051
4beds
4,369sqft
Single Family Residence
Built in 1993
9,583 Square Feet Lot
$3,458,700 Zestimate®
$847/sqft
$-- HOA
What's special
Beautiful swimming poolTwo-car garageOversized windowsDeep-water dockLight-filled residenceWaterfront homeInviting tiki hut
- 84 days |
- 432 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Brenner Scheel Casey 305-783-3395,
Florida Keys Real Estate Group
Source: FLKMLS,MLS#: 619302
Originating MLS: Marathon/Lower Keys
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Central Air, Attic Fan, Ceiling Fans(s)
Appliances
- Included: Washer, Ice Machine, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Built-in Cabinets, Walk-In Closet(s), Storage, Granite Counters, Entrance Foyer, Split Bedroom, Cathedral Ceiling(s)
- Flooring: Tile, Carpet
- Doors: Impact Rstnce Doors
- Windows: Drapes/Blinds Incl, Window Treatments, Other Windows/Doors, Impact Rstnce Window, Other
Interior area
- Total interior livable area: 4,369 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Guest, Attached
- Has attached garage: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two,Multi/Split
- Stories: 2
- Patio & porch: Patio
- Exterior features: Sprinkler System, Lighting, Rain Gutters
- Has private pool: Yes
- Pool features: Heated, In Ground, Concrete
- Fencing: Fenced
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Front, Waterfront, Dock: Composite, Dock Length: 80, Dockage: Boat Lift
Lot
- Size: 9,583 Square Feet
- Dimensions: 80 x 120
- Features: Less Than 1/4 Acre
Details
- Additional structures: Gazebo
- Parcel number: 00079871001300
- Zoning: R-1A
- Zoning description: Key Colony Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
- Roof: Metal
Condition
- Year built: 1993
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & HOA
Community
- Features: Tennis Court(s), Bike Paths, Fire Hydrant
- Security: Smoke Detector(s), No Security
- Subdivision: Coury Sub (53.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Colony Beach
Financial & listing details
- Price per square foot: $847/sqft
- Tax assessed value: $2,532,622
- Annual tax amount: $14,023
- Date on market: 4/1/2026
- Listing terms: Cash,Conventional
Estimated market value
$3,458,700
$3.29M - $3.63M
$7,991/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Price change | $3,700,000-5.1%$847/sqft |
Source: | ||
| 4/1/2026 | Listed for sale | $3,900,000+139.3%$893/sqft |
Source: | ||
| 7/31/2020 | Sold | $1,630,000+48.5%$373/sqft |
Source: | ||
| 8/14/2013 | Sold | $1,097,500-12.2%$251/sqft |
Source: | ||
| 4/17/2013 | Price change | $1,250,000-3.8%$286/sqft |
Source: American Caribbean Real Estate #560174 Report a problem | ||
| 1/31/2013 | Listed for sale | $1,300,000+85.7%$298/sqft |
Source: American Caribbean Real Estate #560174 Report a problem | ||
| 3/20/1996 | Sold | $700,000$160/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,023 +0.2% | $1,494,967 +2.9% |
| 2024 | $14,001 +2.3% | $1,452,835 +3% |
| 2023 | $13,685 +3.9% | $1,410,520 +3% |
| 2022 | $13,176 -1.3% | $1,369,437 +3% |
| 2021 | $13,347 +15.8% | $1,329,551 +16.1% |
| 2020 | $11,523 | $1,145,578 -2.4% |
| 2019 | $11,523 -2.4% | $1,174,021 -7.2% |
| 2018 | $11,807 -0.1% | $1,264,820 +12.7% |
| 2017 | $11,820 +13.2% | $1,122,045 +13.1% |
| 2016 | $10,440 +6.1% | $992,460 -1.6% |
| 2015 | $9,837 | $1,008,422 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33051
Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.4 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 3.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key Colony Beach
- 33051
- 431 12th St
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