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Sold for $2,550,000
  • $2,550,000

    510 12th St, Marathon, FL 33051

    3beds
    2,077sqft
    Single Family Residence
    Built in 2012
    8,276 Square Feet Lot
    $2,564,200 Zestimate®
    $1,228/sqft
    $5,341 Estimated rent

    Home value

    $2,564,200

    $2.23M - $2.95M

    $5,341/mo

    Zestimate® history
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    $5,341/mo

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    What's special

    Step-down dockWide open floor planOpen canal viewsElegant crown moldingElevator boat liftSpacious covered patio
    This beautifully crafted, custom-built residence by renowned builder Jeff Ryder is now available for the first time. Lovingly maintained by the original owner and never used as a rental, the home feels like new. Step into a wide open floor plan enhanced by 10-foot ceilings, elegant crown molding, 8-foot solid wood doors, and expansive wall-to-wall impact glass sliders that seamlessly blend indoor and outdoor living. The spacious covered patio is perfect for al fresco dining, game day gatherings, or simply relaxing by the pool. Anglers, divers, boating enthusiasts and blue water lovers will appreciate the open canal views. Be impressed with the 75' x 5' concrete seawall, 16,000 lb elevator boat lift, and 30' step-down dock along a crystal-clear, 100-foot-wide canal that's 5 feet deep. All just 5 minutes from both the open Atlantic Ocean and the open Gulf. Ideally located in the heart of the Florida Keys in desirable Key Colony Beach, you can walk or bike the entire 15-street city to enjoy pickleball, golf, marina, restaurants, shopping, playgrounds, post office, city hall, and the stunning waterfront Sunset Park. Great storage is found in the oversized 2-car garage with a floored attic above, plus there's plenty of room for your toys with a paved circular driveway. The property is lushly landscaped for both beauty and privacy. Fly directly into paradise via Marathon Executive Airport, Key West International, or Miami International airport and welcome to your tropical escape. Whether you're an angler, diver, snorkeler, or simply love the island lifestyle, this is the ultimate Florida Keys retreat to call home. Seller is a FL State Licensed Realtor.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen D Raspe 305-393-9010,

    Ocean Sotheby's International

    Bought with:

    Karen D Raspe, 3226605

    Ocean Sotheby's International

    Source: FLKMLS,MLS#: 616106MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave, Disposal, Ice Maker, Wine Cooler, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Granite Counters, Storage, Walk-in Closet(s)
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 2,077
    • Total interior livable area: 2,077 sqft

    Property

    Parking
    • Parking features: Garage Door Opener, RV Access/Parking, Storage
    • Has garage: Yes
    Features
    • Levels: Ground Level
    • Patio & porch: Open Porch/Balcony, Patio
    • Exterior features: Rain Gutters, Lighting
    • Has private pool: Yes
    • Pool features: In Ground, Salt Water, Concrete, Decked
    • Fencing: Fenced
    • On waterfront: Yes
    Lot
    • Size: 8,276 Square Feet
    • Dimensions: 110 X 75
    Details
    • Parcel number: 00077510000000
    • 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: 2012

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Community Boat Ramp, Beach, Bike Paths
    • Security: Security Guard
    • Subdivision: Key Colony Bch 2nd Addn (53.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Marathon

    Financial & listing details

    • Price per square foot: $1,228/sqft
    • Tax assessed value: $1,883,204
    • Annual tax amount: $6,675
    • Date on market: 8/11/2025

    Price history

    DateEventPrice
    10/17/2025Sold$2,550,000-4.7%$1,228/sqft
    Source: FLKMLS #616106 Report a problem
    10/7/2025Pending sale$2,675,000$1,288/sqft
    Source: FLKMLS #616106 Report a problem
    9/28/2025Contingent$2,675,000$1,288/sqft
    Source: Key West AOR #616106 Report a problem
    8/11/2025Listed for sale$2,675,000+698.5%$1,288/sqft
    Source: Key West AOR #616106 Report a problem
    12/19/2011Sold$335,000$161/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,707 +0.5%$699,920 +2.9%
    2024$6,675 +3.2%$680,195 +3%
    2023$6,467 +3.9%$660,384 +3%
    2022$6,226 -0.9%$641,150 +3%
    2021$6,281 +4.8%$622,476 +1.4%
    2020$5,995 $613,882 +2.3%
    2019$5,995 +2.2%$600,081 +1.9%
    2018$5,864 +5.8%$588,893 +2.1%
    2017$5,545 +4.5%$576,781 +2.1%
    2016$5,306 -1.9%$564,918 +0.7%
    2015$5,408 $560,991
    Find assessor info on the county website

    Neighborhood: 33051

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,564,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,564,200