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$3,350,000
Property Description
This exquisite 4 Bedroom, 4 Bathroom residence has been completely reimagined into a stunning Coastal Modern masterpiece, designed to offer both serene vacation vibes and cutting-edge comfort. Set on an oversized 12,090 sq ft lot, this property boasts 61 feet of water frontage on a 75' wide canal, complete with 50 feet of deep water dockage and quick access to the ocean. The backyard is a true private retreat with a brand new 15'x30' concrete salt pool featuring built-in bench seating, massage jets, and a sun shelf and surrounded by sandblasted marble tile, lush tropical foliage, and elegant landscape lighting. Inside, you're welcomed by an airy Foyer and Great Room with soaring 19' ceilings and rich Spanish porcelain tile throughout. A bold floating red oak staircase ascends to the second story, where the Primary Suite awaits with a spa-inspired bath, separate shower, double vanities, and a private balcony offering views of the ocean. A VIP Guest Suite also enjoys its own private veranda overlooking the pool and water. The chef-inspired kitchen features quartz countertops, an oversized island with cooktop hood, white cabinetry, and all-new stainless-steel appliances plus an adjacent dining area overlooking the pool and water, perfect for casual meals or entertaining guests. Lots of room for all your toys in the spacious attached double bay Garage. Located in the prestigious Key Colony Beach community, owners enjoy access to a private beach club, golf course, tennis and pickleball courts, many shopping and dining options plus a waterfront sunset park, all within walking distance and under the protection of the city's own police department. With 7-day rental zoning, this home offers excellent potential as a vacation investment or dream getaway. This is more than a home...it's a lifestyle.
Full Property Details
Full Property Details for 1240 Coury Dr
General
- Price: $3,350,000
- Taxes: $21,587 (2025)
- Status: Active
- Type: Single Family
- Source: 927
- MLS ID: 618416
- Updated: 5/13/2026
- Added to Site: 101 day(s) ago
Interior
- Interior Features: Entrance Foyer, Walk-in Closet(s), Cathedral Ceilings, Drapes/Blinds Incl, Quartz Countertops, Security System, Smoke Alarms, Storage, Wet Bar
- Appliances: Stainless Steel Appliance(s), Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Wine Cooler
- Flooring: Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Other Area Features, Bike Paths, Beach, Tennis Court(s)
- Pool: Yes
- Pool Description: Concrete, Salt Water, In Ground, Decked
Exterior
- Exterior Features: Lighting, Lanai, Storage
- Deck/Patio: Open Porch/Balcony, Patio
- Porch/Patio/Deck: Open Porch/Balcony, Patio
Parking
- Garage: Yes
Location
- Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
- County: Monroe
- Subdivision: Coury Sub (53.5)
- Driving Directions: At MM 53.5 in Marathon, on Overseas Hwy, turn right onto Sadowski Cswy. Turn right onto W Ocean Dr. Go 0.5 mi. Cont. on 12th St for 262 ft. Turn left onto Coury Dr., 0.1 mi home is on right
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
Structural Information
- Architectural Style: Above Flood
- Construction Status: Updated/Remodeled
- Construction: CBS
- Roof: Tile
- Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window, Shutters
- Square Feet: 2,649
- Sq. Ft. Source: Property Data Card
- Year Built: 1990
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,090
- Lot Size Source: Property Data Card
- Lot Dimensions: x
- Zoning: OTH - Key Colony Other Zoning
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Tax Amount: $21,587.07
- Tax Year: 2025
Disclosures and Reports
- Legal Description: BLK 1 LT 4 COURY SUBD NO 2 PB7-48
- Flood Zone: AE, AE
- APN: 00079872-000400
Listed by Coldwell Banker Schmitt Real Estate Co, Lisa H Ferringo (305) 797-1221
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Schools
Schools serving 1240 Coury Dr
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 4.3 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1240 Coury Dr
Date
Details
Price
Change
Source
2/01/2026
Listed
$3,350,000
76.32%
MLS
3/21/2023
Sold
$1,900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1240 Coury Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,831
—
$2,558,173
41%
2024
$17,831
2%
$1,814,344
3%
2023
$17,431
66%
$1,757,404
68%
2021
$10,489
1%
$1,044,065
-3%
2022
$10,366
-1%
$1,075,386
4%
2021
$10,489
7%
$1,029,650
2%
2019
$9,785
6%
$1,006,501
2%
2018
$9,242
5%
$987,735
2%
2017
$8,839
-2%
$967,420
2%
2016
$9,022
-1%
$947,523
1%
2015
$9,071
-2%
$940,936
1%
2014
$9,237
-1%
$933,468
1%
2013
$9,326
—
$919,673
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1240 Coury Dr
1240 Coury Drive, Key Colony Beach, FL 33051 (MLS# 618416) is a Single Family property with 4 bedrooms and 4 full bathrooms. 1240 Coury Drive is currently listed for $3,350,000 and was received on February 01, 2026. Want to learn more about 1240 Coury Drive? Do you have questions about finding other Single Family real estate for sale in Key Colony Beach? You can browse all Key Colony Beach real estate or contact a Coldwell Banker agent to request more information.
