$3,995,000
UNDER CONTRACT $405K PRICE DROP

360 12th St Key Colony, FL 33050

Estimated payment $22,937/month

Total Views 7,722
5 Beds
6 Baths
3,578 Sq Ft
$1,117 Price per Sq Ft

Highlights

  • Dock made with concrete
  • Waterfront
  • Bar
  • Coral Shores High School Rated A
  • Outdoor Kitchen
  • Walk-In Closet

About This Home

A Truly Rare Waterfront Estate in Key Colony Beach — Privacy, Scale, and Turnkey Perfection
Perfectly centered on two full lots, this exceptional Key Colony Beach residence offers a rare level of privacy and space paired with 165 feet of deep-water canal frontage & premier boating access.
Fully renovated in 2024, the two-story home is thoughtfully designed for entertaining, guest comfort & everyday coastal living. The first floor serves as a private guest and recreation level, featuring a large bedroom & a spacious nearby full bathroom with double vanities & a separate shower and toilet room. A comfortable TV and lounge area is complemented by a bar, refrigerator, & game table, creating an ideal space for relaxing or hosting guests. This level also includes a one-car garage, a dedicated half-garage for bikes and gear, air-conditioned storage ideal for dive or fishing equipment, & a rare full-length pass-through garage connecting the front of the home directly to the waterfront, with a golf-cart-sized rear garage door providing seamless dock access.
The second floor is the main living level & showcases an expansive open-concept kitchen, great room, and oversized dining area with seating for twelve. Filled with natural light, the space is equally suited for large gatherings or relaxed everyday living. The chef's kitchen features premium cabinetry, high-end appliances, and a generous island. Four additional bedrooms are located on this level each with its own en-suite bathroom. The primary suite includes a private balcony, walk-in closet, double vanity, private water closet, and spa-style shower, with a generously sized laundry room also located on this level.
Outdoor living defines the property, with two boat lifts rated for 24K & 15K pounds, quick access to both the ocean and Gulf, and a completely remodeled heated saltwater pool surrounded by expansive covered and open patio areas. The east-facing rear exposure offers beautiful morning light & shaded afternoon A Truly Rare Waterfront Estate in Key Colony Beach Privacy, Scale, and Turnkey Perfection This exceptional Key Colony Beach residence is perfectly centered on two full lots, offering an extraordinary level of privacy and space paired with 165 feet of deep-water canal frontage and premier boating access. Fully renovated in 2024, the two-story home is thoughtfully designed to balance entertaining, guest comfort, and everyday coastal living. The first floor functions as a private guest and recreation level, featuring a large bedroom and a spacious nearby full bathroom with double vanities and a separate shower and toilet room. A comfortable TV and lounge area is complemented by a bar, refrigerator, and game table, creating an ideal space for relaxing or hosting guests. The ground level also includes a one-car garage, an additional half-garage dedicated to bikes and gear, and air-conditioned storage ideal for dive equipment or fishing gear. A rare full-length pass-through garage connects the front of the home directly to the waterfront, with a golf-cart-sized rear garage door providing seamless dock accessan exceptional feature for serious anglers and boaters. The second floor serves as the main living level and showcases an expansive open-concept kitchen, great room, and oversized dining area with seating for twelve. Designed for both functionality and flow, the space is filled with natural light and is equally suited for large gatherings or relaxed everyday living. The chef's kitchen features premium cabinetry, high-end appliances, and a generous island. Four additional bedrooms are located on this level, each with its own en-suite bathroom, offering privacy and comfort for family and guests. The primary suite is a true retreat, featuring a private balcony, walk-in closet, double vanity, private water closet, and spa-style shower. A generously sized laundry room is also conveniently located on this level. Outdoor living is a defining feature of the property. The home sits on 165 feet of waterfront with two boat lifts, one rated for 24,000 pounds and the other for 15,000 pounds, providing exceptional flexibility for a range of vessels. Quick access to both the ocean and the Gulf makes this an ideal choice for avid boaters and anglers. The completely remodeled heated saltwater pool is surrounded by expansive patio areas, both covered and open, creating multiple spaces for entertaining, relaxing, or enjoying the tropical Keys lifestyle year-round. The home's orientation further enhances its appeal, offering beautiful morning light and shaded afternoons when returning from the water. Located within the highly sought-after and walkable community of Key Colony Beach, the home is surrounded by amenities including pickleball and tennis courts, a par-3 golf course, multiple parks, and a true neighborhood atmosphere rarely found in the Keys.

Listing Agent

Jessica Borraccino

Coldwell Banker Schmitt Real Estate Co. License #3270887 Listed on: 12/12/2025

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • Waterfront
  • Fenced
  • Property is zoned R-1A - Key Colony Single Family

Interior Spaces

  • Walk-In Closet
  • Bar
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Dock made with concrete
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 00077580-000000

Home Details

Home Type

Single Family

Year Built

Built in 1977 | Remodeled

Lot Details

0.42 Acres

Listing Details

  • Property Type: Residential
  • Dockage Dock: Concrete
  • Year Built: 1977
  • Building Style Above Flood: Unknown
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 2230
  • Co List Office Phone: 305-743-5181
  • Subdivision Name: Key Colony Bch 2nd Addn (53.5)
  • Special Features: UnderContract

Interior Features

  • Interior Amenities: Storage, Walk-in Closet(s)
  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Bar, Fencing, Lighting, Outdoor Kitchen, Storage
  • Construction Type: Combo Construction
  • Waterfront: Canal Front
  • Roof: Metal Roof

Utilities

  • Utilities: Elect Separate Meter
  • Cooling: Central Air, Ceiling Fans(s)
  • Utilities: FKAA, Buyer to Verify, Elect Separate Meter

Condo/Co-op/Association

  • Pets Allowed: Other See Remarks

Lot Info

  • Parcel Number: 00077580-000000
  • Lot Size Sq Ft: 18438.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19336.43

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,336 $2,786,460 $1,289,922 $1,496,538
2024 $22,397 $1,973,111 $1,225,426 $747,685
2023 $22,397 $2,273,544 $1,225,426 $1,048,118
2022 $9,045 $936,509 $0 $0
2021 $9,147 $909,233 $0 $0
2020 $8,723 $896,680 $0 $0
2019 $8,534 $876,521 $0 $0
2018 $8,063 $860,178 $0 $0
2017 $7,628 $833,182 $0 $0
2016 $7,783 $816,046 $0 $0
2015 $7,818 $810,373 $0 $0
2014 $7,960 $803,941 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2026 03/17/26 Price Changed $3,995,000 -9.2% $1,117 / Sq Ft
12/03/2025 12/03/25 For Sale $4,400,000 -- $1,230 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $2,500,000 --
Warranty Deed $1,900,000 --
Warranty Deed $450,000 --
Warranty Deed $300,000 --
Warranty Deed $225,000 --
Deed $18,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,875,000 New Conventional
Previous Owner $1,700,000 Purchase Money Mortgage
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 617684

APN: 00077580-000000

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