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For sale
  • Price cut: $100K (5/28)
    $3,495,000

    820 12th St, Key Colony Beach, FL 33051

    6beds
    3,333sqft
    : 
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    Single Family Residence
    Built in 1993
    8,276 Square Feet Lot
    $3,276,800 Zestimate®
    $1,049/sqft
    $-- HOA

    What's special

    Step-down dockFully furnishedOutdoor kitchenGranite countertopsAbundant natural lightEast-facing backyardOpen and airy floorplan
    Luxurious waterfront home offering sweeping views of Shelter Bay and 75 feet of deep-water (5 ft) dockage with direct ocean or Gulf access via Vaca Cut, just minutes to open water, a true boater's delight. Custom built by D'Asign Source, this six-bedroom 3.5-bath residence spans over 3,300 square feet and comes fully furnished (with select seller exclusions), making it ideal as a turnkey vacation rental (7 day minimum), second home, or primary residence. Designed in classic South Florida style, the home features soaring ceilings, an open and airy floorplan, abundant natural light, and whitewashed terracotta tile that adds warmth and timeless island character. The spacious kitchen includes granite countertops, stainless steel appliances with a Bosch convection cooktop, and a center island, perfectly suited for entertaining. A flexible sixth bedroom functions beautifully as an office on the second level, part of a private primary retreat that occupies the entire upper floor. Outdoor living is a highlight, with an east-facing backyard, a resort-style pool (resurfaced in 2021) and hot tub, outdoor kitchen, convenient poolside bathroom connects directly to one of the bedrooms (ideal for guest comfort and rental functionality), and lush, easy-care Xeriscaping, perfect for relaxed island evenings. Boaters will also appreciate the step-down dock and concrete seawall rebuilt in 2024, providing unobstructed water access. Additional features consist of a low maintenance brick paver driveway and 2 car garage (new door in 2025). Key Colony Beach is a planned island community known for its mobility, quiet streets, and dedicated city services. Residents enjoy public beaches, a par-3 golf course, marina, tennis and pickleball courts, scenic trails and biking paths. An exceptional opportunity for investors, water lovers, and those seeking a light-filled waterfront home where every detail supports both lifestyle and long-term value.
    152 days
    |
    755
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ea Ruth 910-409-0120,

    Loffreno Real Estate

    Source: FLKMLS,MLS#: 618280MLS LogoOriginating MLS: Key West Association

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fans(s), Heat Pump
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Whirlpool Bath Tub, Walk-In Closet(s), Granite Counters, Cathedral Ceiling(s)
      • Flooring: Tile, Carpet, Wood
      • Windows: Drapes/Blinds Incl, Window Treatments, Other Windows/Doors, Impact Rstnce Window, Other
      • Furnished: Yes
      Interior area
      • Total interior livable area: 3,333 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, Off Street, Guest
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Open Porch/Balcony, Patio
      • Exterior features: Outdoor Kitchen, Lighting
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Decked
      • Has spa: Yes
      • Spa features: Private
      • Has view: Yes
      • View description: Ocean, Water, Canal, Bay/Gulf View
      • Has water view: Yes
      • Water view: Ocean,Water,Canal,Bay/Gulf View
      • Waterfront features: Bay Front, Open Water, Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 75, Dockage: Boat Lift
      Lot
      • Size: 8,276 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00077350000000
      • Zoning: R-1A
      • Zoning description: Key Colony Single Family
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      • Roof: Tile
      Condition
      • Year built: 1993

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA

      Community & HOA

      Community
      • Features: Tennis Court(s), Bike Paths, Other, Beach
      • Security: Smoke Detector(s)
      • Subdivision: Key Colony Bch 2nd Addn (53.5)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key Colony Beach

      Financial & listing details

      • Price per square foot: $1,049/sqft
      • Tax assessed value: $2,377,060
      • Annual tax amount: $22,531
      • Date on market: 1/23/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $3,276,800

        $3.11M - $3.44M

        $7,855/mo

        Price history

        DateEventPrice
        5/28/2026Price change$3,495,000-2.8%$1,049/sqft
        Source: FLKMLS #618280 Report a problem
        1/23/2026Listed for sale$3,595,000+24%$1,079/sqft
        Source: Key West AOR #618280 Report a problem
        3/30/2022Sold$2,899,000$870/sqft
        Source: FLKMLS #599342 Report a problem
        1/31/2022Contingent$2,899,000$870/sqft
        Source: FLKMLS #599342 Report a problem
        1/25/2022Listed for sale$2,899,000+3.5%$870/sqft
        Source: FLKMLS #599342 Report a problem
        10/24/2021Listing removed--
        Source: MLKAR Report a problem
        4/27/2021Listed for sale$2,800,000+266%$840/sqft
        Source: MLKAR #595804 Report a problem
        5/14/1998Sold$765,000$230/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$22,532 -5.8%$2,377,060 -3.2%
        2024$23,910 +0.3%$2,455,511 +1.3%
        2023$23,835 +68.2%$2,422,955 +77.7%
        2022$14,173 +10.1%$1,363,728 +10%
        2021$12,868 +13.4%$1,239,753 +10%
        2020$11,344 $1,127,048 -1.9%
        2019$11,344 -1.9%$1,148,721 -7.1%
        2018$11,563 +0.4%$1,236,552 +12.9%
        2017$11,520 +13.3%$1,095,466 +13.7%
        2016$10,171 +6.3%$963,782 -1.1%
        2015$9,566 $974,879

        Find assessor info on the county website

        Monthly payment

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          Payment breakdown

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          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

          Getting around

          1 / 100
          Car-Dependent
          33 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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