200 15Th Circle, Key Colony, FL 33051 (MLS# 615804)

200 15Th Circle, Key Colony, FL 33051

$1,825,000

8-web-or-mls-200 15th Cir - High Exposur

2-web-or-mls-200 15th Cir - High Exposur

3-web-or-mls-200 15th Cir - High Exposur

9-web-or-mls-200 15th Cir - High Exposur

1-web-or-mls-200 15th Cir - High Exposur

4-web-or-mls-200 15th Cir - High Exposur

5-web-or-mls-200 15th Cir - High Exposur

6-web-or-mls-200 15th Cir - High Exposur

7-web-or-mls-200 15th Cir - High Exposur

10-web-or-mls-200 15th Cir - High Exposu

Property Type: Vacant Land Lot Size (sq. ft.): 9,765 Status: Contingent/Show

Current Price: $1,825,000 List Date: 7/15/2025 Last Modified: 3/27/2026

Overview

Description

Key Colony Beach is one of the Florida's Keys most desired cities and due to this, there are very few buildable waterfront lots remaining and as of right now there are only 2 available and the next lot is priced at $3,998,777, making this the LOWEST PRICED Waterfront lot in all of Key Colony by over $2.1M. Unlike most other cities in the keys, all Key Colony Beach lots are buildable, and permits will be issued once final plans are approved; no need to purchase building rights or have to wait years for a building permit. Lot has a Brand New 90Ft Seawall with Concrete Cap. What is even more special about this specific lot is that not only was the canal recently dredged, making it approximately 5 feet deep at low tide and approximately 40 feet wide; it offers rare privacy as across the canal will never have any homes built, which is very uncommon for Key Colony Beach. The lot is just shy of 10k sqft at 9756 and offers direct access to open ocean and the Bay via Vaca Cut in just minutes. ... (Read more)

Listing Details MLS# 615804

Location, Tax & Legal

Street #: 200
Street Name: 15Th
Street Suffix: Circle
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Coury Sub (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE,AE
Alternate Key #: 8734131
Parcel #: 00079872-008800
Zoning: R-1B - Key Colony Single Family
Deed Restrictions: No
Legal: BLK 3 LOT 4 COURY SUBD NO 2 PB7-48 OR1546-539 OR3112-2376 OR3230-0397
Taxes: 6680.91
Tax Year: 2024

Contract Information

Listing Board: Marathon/Lower Keys
Limited Representation: Yes
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 4
Lot SqFt: 9765
Lot Sqft Source: Property Data Card
Total Lots: Yes
Survey Available: Yes
Vegetation Survey: No

Status Change Info

Contingent: Contingent/Show

Miscellaneous Info

Mobile Home Lot: No

Dockage

Dock Length: 92

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: Key Colony Beach is one of the Florida's Keys most desired cities and due to this, there are very few buildable waterfront lots remaining and as of right now there are only 2 available and the next lot is priced at $3,998,777, making this the LOWEST PRICED Waterfront lot in all of Key Colony by over $2.1M. Unlike most other cities in the keys, all Key Colony Beach lots are buildable, and permits will be issued once final plans are approved; no need to purchase building rights or have to wait years for a building permit. Lot has a Brand New 90Ft Seawall with Concrete Cap. What is even more special about this specific lot is that not only was the canal recently dredged, making it approximately 5 feet deep at low tide and approximately 40 feet wide; it offers rare privacy as across the canal will never have any homes built, which is very uncommon for Key Colony Beach. The lot is just shy of 10k sqft at 9756 and offers direct access to open ocean and the Bay via Vaca Cut in just minutes. For the avid boaters, there are three marine fuel docks just a short 8 minute boat ride away and two of them have bait tackle shops onsite. Key Colony's Sunset Park Beach is just a short walk from this lot and offers some of the best sunsets in the Florida Keys and it is dog friendly. For the avid golfers, Key Colony Beach Golf course is just a 3 minutes away and open to the public. Key Colony is also known for its annual lighted Boat Parade, which is a resident favorite. Do not miss the opportunity to acquire one of the last buildable waterfront lots in Key Colony. 180 12Th St just sold for $2,125,000 and was 415 sqft smaller. Plans are available for a 6 Bed, 6.5 Bath, plus 2 Offices 3,976 sqft Pool home with additional 2,596 sqft of Exterior Decks & Porches by the very well-respected local builders Design Center. Centennial Bank is offering construction financing up to 75% loan to value to finance the lot and the construction of the home or 40% loan to value for just the lot.

Assoc/Misc Info

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

Tax Exemptions

Homestead: Yes

Waterfront

Canal Front: Yes

Waterview

Canal View: Yes

Neighborhood Feature

Beach: Yes
Community Boat Ramp: Yes
Tennis Courts: Yes
Other Area Features: Yes

Location/Site

Cleared Site: Yes

BuildingPermit

Other Permit: Yes

Land Size

Less Than 1/4 Acre: Yes

Terms

Buyer Obtain Finance: Yes

Property Features

Tax Exemptions: Homestead Waterfront: Canal Front Waterview: Canal View Neighborhood Feature: Beach; Community Boat Ramp; Tennis Courts; Other Area Features BuildingPermit: Other Permit Land Size: Less Than 1/4 Acre Terms: Buyer Obtain Finance

Listing Office: No Nonsense Real Estate Branch Office

Last Updated: March - 27 - 2026

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.

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