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580 & 590 10th Street

Key Colony, FL 33051
  • $3,250,000
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: 617788
Price Reduced
$3,250,000
  • 7
    BEDS
  • 0.19
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,478
    SQFT
  • $726
    $/SQFT
Type:
Single-Family Home
Built:
1985
County:

School Ratings & Info

Description

Exceptional canal-front opportunity with proven income potential. This expansive 7-bedroom, 7-bath residence offers outstanding flexibility as a legal duplex with an interior lockout, allowing it to function seamlessly as a large single-family home or as two separate living spaces. The configuration includes a generous 5BR/4BA main residence paired with a private 2BR/2BA guest wing, topped off by a convenient pool bath located in the game room, making it ideal for multigenerational living, guests, or vacation rental use. The main living space welcomes you with a dramatic two-story entry, an open-concept great room, multiple dining areas, wet bar, and a well-appointed kitchen that flows to a waterside balcony. The lower-level unit features its own open living and kitchen area, providing privacy and versatility. Four bedrooms are ensuite, complemented by 2 primary suites overlooking the water. Recent upgrades include complete concrete spalling repairs and a fresh exterior repaint, adding peace of mind and refreshed curb appeal. Mediterranean-inspired design elements are carried throughout, along with impact windows and doors, multiple balconies, and inviting indoor-outdoor living spaces. Outside, enjoy a heated pool, spa, covered poolside lanai, and 75 feet of concrete dockage with quick boating access to both the Atlantic Ocean and the Gulf of America. Additional features include a two-car garage and ample off-street parking. This property has a strong, established vacation rental history and is currently an active rental.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/171537677
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580 & 590 10th Street Key Colony, FL 33051

  • Price: $3,250,000
  • Status: Active
  • On Site: 115 Days
  • MLS #: 617788
7
Beds
7
Baths
0
½ Baths
0.19
Acres
4,478
SQFT
$726
$/SQFT
1985
Built
Neighborhood:
Key Colony Bch 1st Addn Amd Plat (53.5)
County:
Monroe
Area:
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Property Description
Exceptional canal-front opportunity with proven income potential. This expansive 7-bedroom, 7-bath residence offers outstanding flexibility as a legal duplex with an interior lockout, allowing it to function seamlessly as a large single-family home or as two separate living spaces. The configuration includes a generous 5BR/4BA main residence paired with a private 2BR/2BA guest wing, topped off by a convenient pool bath located in the game room, making it ideal for multigenerational living, guests, or vacation rental use. The main living space welcomes you with a dramatic two-story entry, an open-concept great room, multiple dining areas, wet bar, and a well-appointed kitchen that flows to a waterside balcony. The lower-level unit features its own open living and kitchen area, providing privacy and versatility. Four bedrooms are ensuite, complemented by 2 primary suites overlooking the water. Recent upgrades include complete concrete spalling repairs and a fresh exterior repaint, adding peace of mind and refreshed curb appeal. Mediterranean-inspired design elements are carried throughout, along with impact windows and doors, multiple balconies, and inviting indoor-outdoor living spaces. Outside, enjoy a heated pool, spa, covered poolside lanai, and 75 feet of concrete dockage with quick boating access to both the Atlantic Ocean and the Gulf of America. Additional features include a two-car garage and ample off-street parking. This property has a strong, established vacation rental history and is currently an active rental.
Exterior Features

Architectural Style [] Attached Garage YN No Building Stories 2 Stories Construction Materials CBS Dock Concrete Dock Length 75 Exterior Features FencingHot TubLightingLanaiOutdoor ShowerStorage Garage YN Yes Parking Features [] Patio And Porch Features Open Porch/BalconyPatio Pool Features In Ground Pool Heated Yes Pool Private YN Yes Roof Metal Roof Vehicle Storage GarageGuest ParkingOff Street Parking View [] Waterview Canal View Window Features [] Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Interior Features

Accessibility Features [] Appliances WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveStainless Steel Appliance(s) Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring TileCarpet Interior Drapes/Blinds InclWet BarEntrance FoyerBuilt-in CabinetsGranite Counter TopSmoke AlarmsWindow Treatments Interior Features Built-in CabinetsGranite Counter Top Laundry Features Laundry Room Levels [] Rooms Total 0 Specialty Rooms Laundry Room

Property Features

Above Flood Unknown Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Building Features [] Community Features BeachBike Paths Control Depth 5 Deed Restricts Unknown Electric [] Flood Zone Zone AE EL 7 Frontage Type [] Green Energy Generation [] Green Water Conservation [] Handicap Access No Land Size Less Than 1/4 Acre Listing Terms [] Marathon Nbhd Marathon East - Gulf (Airport to Vaca) Mile Marker 53.5 Min Rental Days 7 Other Equipment [] Other Structures [] Pets Allowed Yes Property Condition [] Property Sub Type Duplex Public Sewer Hookup Yes Rental Allowed Yes Security Features Patrolled Area Special Licenses [] Tax Annual Amount 19308 Tax Legal Description BK10 LT 48 KEY COLONY BEACH FIRST ADDN AMENDED PLAT PB-4-11 SHELTER KEY OR341-309/10 OR566-245 OR722-402 OR1394-1921D/C Tax Year 2025 Title Title Ins - Buyer Utilities Elect Separate Meter Utilities Info FKAAMunicipal SewerBuyer to VerifyElect Separate Meter Water Source [] Waterfrnt Yes Waterfront Canal Front Waterfront Features [] Waterfront YN Yes Zoning R-2A - Key Colony Two Family

Listing courtesy of Nate Bartlett of Berkshire Hathaway HomeServices Keys Real Estate: 305-743-7636.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036