580 & 590 10th Street

KEY COLONY, FL 33051

About this property

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.

About this property

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.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$2,995,000 Active
7 Bed(s)
7
Baths
4,478 sqft

Presented By Key Colony Beach Realty

Agent Image
Get in touch today! Phone: 1-305-289-0621
Brokerage
Berkshire Hathaway HomeServices Keys Real Estate
1-305-743-7636
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

17 Vaca Cut Both Sides Holiday Inn | Key Colony | Monroe County | Key Colony Bch 1st Addn Amd Plat (53.5)

$ 2,995,000
This listing is play_arrow 154.4% higher than the average in the area
$ 1,177,500 in the area
4,478 SqFt
This listing is play_arrow 132.7% larger than the average in the area
1,924 SqFt in the area
$ 669 $/SqFt
This listing is play_arrow 7.6% more than the average in the area
$ 621 $/SqFt in the area
324 days on site
This listing is play_arrow 198.6% above the average in the area
109 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Nate Bartlett
Brokerage: Berkshire Hathaway HomeServices Keys Real Estate

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Key Colony Beach Realty

By submitting, you agree to receive promotional texts and/or calls from Key Colony Beach Realty, Inc. at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains