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580 & 590 10th Street, Key Colony, FL 33051

$3,250,000
Property Type: Residential Bedrooms: 7 Baths: 7 Square Footage: 4,478 Lot Size (sq. ft.): 8,250 Status: Active
Current Price: $3,250,000 List Date: 12/22/2025 Last Modified: 5/03/2026

Overview

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 ...

Listing Details MLS# 617788

Location, Tax & Legal

Street #
580 & 590
Street Name
10th
Street Suffix
Street
Key/Island
Key Colony
State/Province
FL
Zip Code
33051
County
Monroe
Subdivision
Key Colony Bch 1st Addn Amd Plat (53.5)
Area
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
City
KEY COLONY
Mile Marker
53.5
Marathon Neighborhood
Marathon East - Gulf (Airport to Vaca)
Side
Ocean
Flood Zone
Zone AE EL 7
Alternate Key #
1081558
Handicap Access
No
Parcel #
00075930-000000
Zoning
R-2A - Key Colony Two Family
Deed Restrictions
Unknown
Legal
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
Taxes
19308
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Marathon/Lower Keys
As is Rght to Inspct
Yes

General Property Description

Realtor.COM Type
Multi-family
Style
Duplex
Waterfront
Yes
Control Depth
5
Pool
Yes
Year Built
1985
Lot SqFt
8250
Lot Sqft Source
Tax Records
Living Apx SqFt
4478
SqFt Source
Property Data Card
Total Bedrooms
7
Full Baths
7
Total Baths
7
Rentals Allowed
Yes
Min Rental Days
7

Association Info

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

Dockage

Dock Length
75
Dock
Concrete

More Information

Building Style

Above Flood
Unknown
Stories
2 Stories

Pool Info

Heated
Yes
In Ground
Yes

Remarks & Misc

Remarks – Consumer
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.
Directions
From HWY 1 travel down Sadowski Cswy, turn right on West Ocean, turn right on 10th St, house is on the right midway down 10th.

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

Canal Front
Yes

Waterview

Canal View
Yes

Floor

Carpet
Yes
Tile
Yes

Neighborhood Feature

Beach
Yes
Bike Paths
Yes
Tennis Courts
Yes

Interior Features

Built-in Cabinets
Yes
Drapes/Blinds Incl
Yes
Entrance Foyer
Yes
Granite Counter Top
Yes
Smoke Alarms
Yes
Wet Bar
Yes
Window Treatments
Yes

Specialty Rooms

Laundry Room
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Vehicle Storage

Garage
Yes
Guest Parking
Yes
Off Street Parking
Yes

Security

Patrolled Area
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

Buyer to Verify
Yes
Elect Separate Meter
Yes
FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Open Porch/Balcony
Yes
Patio
Yes

Title

Title Ins - Buyer
Yes

Exterior Features

Fencing
Yes
Hot Tub
Yes
Lanai
Yes
Lighting
Yes
Outdoor Shower
Yes
Storage
Yes

Roof

Metal Roof
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Vehicle Storage: Garage; Guest Parking; Off Street Parking Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Smoke Alarms; Wet Bar; Window Treatments Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Hot Tub; Lanai; Lighting; Outdoor Shower; Storage Pool Info: In Ground Construction: CBS Floor: Carpet; Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Tennis Courts Security: Patrolled Area Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: May - 03 - 2026
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