$1,850,000
$50K PRICE DROP

600 12th St Marathon, FL 33050

Estimated payment $10,599/month

Total Views 7,740
4 Beds
3 Baths
1,860 Sq Ft
$995 Price per Sq Ft

Highlights

  • Concrete Pool
  • Home fronts a canal
  • No HOA
  • Coral Shores High School Rated A
  • Furnished
  • Shed

About This Home

A rare opportunity to own a premier piece of Key Colony Beach real estate. This spacious 4-bedroom, 3-bathroom home boasts high-demand features, making it immediately rental-ready for excellent income potential.The outdoor space is a renter's (and owner's!) delight: a large, beautiful pool, a classic Tiki hut for tropical shade, and a substantial 75-foot dock on a deep-water canal for easy access to world-class fishing and diving in the Florida Keys. Storage is a breeze with a dedicated garage for a car or golf cart.Don't miss this chance to secure a powerful income-producing property or your private waterfront getaway.

Listing Agent

Derrick Johnson

Coco Plum Real Estate License #3248444 Listed on: 10/24/2025

Co-Listing Agent

Kelly Willey

Coco Plum Real Estate License #3084960

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,868

Year Built

  • Built in 1971

Lot Details

  • 8,250 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-1A - Key Colony Single Family

Parking

  • 3 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,860 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Seawall
  • Shed
  • Tiki or Chickee Hut

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key Colony Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00077460-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,868

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 10867.68
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 3
  • Year Built: 1971
  • Alternate Key Number: 1083194
  • Lot Sq Ft: 8250.00
  • Pool Info: In Ground, Concrete
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1860.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Shed
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00077460-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $10,868 $1,410,387 $907,500 $502,887
2024 $10,219 $1,178,477 $862,125 $316,352
2023 $10,219 $1,158,640 $862,125 $296,515
2022 $9,087 $990,555 $643,500 $347,055
2021 $8,266 $779,307 $462,000 $317,307
2020 $7,679 $747,141 $429,000 $318,141
2019 $7,595 $737,981 $424,875 $313,106
2018 $8,007 $863,356 $505,313 $358,043
2017 $6,936 $716,082 $0 $0
2016 $6,152 $602,779 $0 $0
2015 $6,469 $629,588 $0 $0
2014 $5,847 $549,694 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2025 12/09/25 Price Changed $1,850,000 -2.6% $995 / Sq Ft
10/24/2025 10/24/25 For Sale $1,900,000 +12.4% $1,022 / Sq Ft
12/09/2024 12/09/24 Sold $1,689,900 -5.6% $909 / Sq Ft View Prior Sale
06/10/2024 06/10/24 Price Changed $1,790,000 -5.8% $962 / Sq Ft
05/29/2024 05/29/24 Price Changed $1,900,000 -9.5% $1,022 / Sq Ft
05/07/2024 05/07/24 For Sale $2,100,000 +153.3% $1,129 / Sq Ft
10/17/2016 10/17/16 Sold $829,000 -11.7% $446 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $939,000 -- $505 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,689,900 None Listed On Document
Quit Claim Deed -- C & C Title Agency Inc
Warranty Deed $829,000 C & C Title Agency Inc
Quit Claim Deed -- Attorney
Quit Claim Deed -- --
Warranty Deed $555,000 --
Warranty Deed $220,000 --
Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,351,920 New Conventional
Previous Owner $663,200 New Conventional
Previous Owner $444,000 New Conventional
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 617021

APN: 00077460-000000