Unlike many other areas in the Florida Keys, all lots in Key Colony Beach are buildable. Permits are issued once final plans are approved. There is no need to purchase building rights or wait years for permit allocation.

This lot measures 9,756 square feet, just under 10,000 square feet, and includes a brand-new 90-foot seawall with a concrete cap. The canal was recently dredged and is approximately 5 feet deep at low tide and about 40 feet wide. A key advantage of this lot is privacy. No homes will ever be built across the canal, which is uncommon in Key Colony Beach.

The property offers direct boating access to both the open Atlantic Ocean and the Gulf via Vaca Cut within minutes. For boaters, there are three marine fuel docks approximately eight minutes away by water, two of which include onsite bait and tackle shops.

Sunset Park Beach is within walking distance and is known for its sunset views. The beach is dog friendly. The Key Colony Beach Golf Course is three minutes away and is open to the public. The city also hosts an annual lighted boat parade that is popular with residents.

A comparable property at 180 12th Street recently sold for $2,125,000 and was 415 square feet smaller.

Plans are available for a 3,976 square foot pool home featuring six bedrooms, six and a half bathrooms, and two offices, along with 2,596 square feet of exterior decks and porches. The plans were designed by the well-respected local builder Design Center.

Centennial Bank is offering construction financing up to 75 percent loan-to-value for the combined lot purchase and home construction, or up to 40 percent loan-to-value for the lot purchase only.