
NILES ROAD, SUMMERLAND KEY, FL, 33042
Active325 days on marketListed Dec 5, 2025MLS #O6365447
About this home
NILES ROAD
Prime residential lot opportunity in Key Colony Beach, Monroe County, located at 0 Niles Rd, Key Colony, FL 33042. This approximately 9.2-acre property is situated in the Florida Keys with convenient access to nearby points of interest including Murray's Market (0.45 miles), Big Pine Key Boat Rentals (0.6 miles), Merrill Homes Inc (0.6 miles), and WWUS-FM Big Pine Key (1.85 miles). The lot is located in Flood Zone AE, a high-risk Special Flood Hazard Area (SFHA) with a 1/100 annual flood chance and established Base Flood Elevation (BFE), requiring the lowest floor to be elevated above BFE using flood-resistant materials, engineered foundations, mandatory flood insurance, and strict permitting with elevation certificates. Wetland impacts from Mangrove Swamp and Saltwater Marshes further restrict development, as these protected ecosystems generally require U.S. Army Corps of Engineers permits, state environmental reviews, and mitigation; while the lot size suggests potential non-wetland pockets, overall development feasibility is low without extensive studies and approvals. Buyer must contact Monroe County Planning for an official Zoning Verification Letter to confirm allowable uses, setbacks, utility availability, and all development requirements. The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
Facts & features
The home at a glance
10.25 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,162 /mo · 10% down Conventional, 30-yr fixed at 7.5%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,162/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Anealya Hammad
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about NILES ROAD — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for NILES ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from Anealya's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
NILES ROAD FAQs
What would the monthly payment be for NILES ROAD?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $5,162/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on NILES ROAD?+
The most recent tax bill on record (2024) was $9. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Listing courtesy of SUNLAND REAL ESTATE, LLC. · Javier Santana. MLS #O6365447.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.