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580 & 590 10th Street

Key Colony, FL 33051
  • $3,650,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 617788
UPDATED: 30 min ago
$3,650,000
  • 7
    BEDS
  • 0.19
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,478
    SQFT
  • $815
    $/SQFT
Type:
Multi-Family
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 Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.realtorkeywestfl.com/homes/171537677
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580 & 590 10th Street Key Colony, FL 33051

  • Price: $3,650,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 30 min ago
  • MLS #: 617788
7
Beds
7
Baths
0
½ Baths
0.19
Acres
4,478
SQFT
$815
$/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

Above Flood Unknown Construction CBS Dock Length 75 Dockage Dock Concrete Exterior Features FencingStorageOutdoor ShowerLanaiLightingHot Tub Land Size Less Than 1/4 Acre Pool Info In Ground Pool Info Heated Yes Pool YN Yes Porch Balcony Open Porch/BalconyPatio Roof Metal Roof Side Ocean Stories 2 Stories Style Duplex Vehicle Storage GarageOff Street ParkingGuest Parking Waterfront Canal Front Waterfront YN Yes Waterview Canal View

Interior Features

Appliances WasherStainless Steel Appliance(s)MicrowaveOvenRangeRefrigeratorDishwasherDryer Cooling Heating Central AirCeiling Fans(s) Floor TileCarpet Interior Features Drapes/Blinds InclBuilt-in CabinetsWindow TreatmentsSmoke AlarmsGranite Counter TopEntrance FoyerWet Bar Specialty Rooms Laundry Room Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY COLONY Control Depth 5 Deed Restrictions Unknown Fee Includes None Flood Zone Zone AE EL 7 Handicap Access No Listing Board Marathon/Lower Keys Mile Marker 53.50 Min Rental Days 7.00 Neighborhood Features Tennis CourtsBike PathsBeach Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Security Patrolled Area Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2025 Taxes 19308.00 Title Title Ins - Buyer Utilities FKAAElect Separate MeterBuyer to VerifyMunicipal Sewer 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 Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Bascom Grooms Real Estate
1110 Truman Ave
Key West FL, 33040