400 Sadowski

    Key Colony, FL 33051
    • $6,598,000
    • STATUS: Active
    • ON SITE: 192 days
    • MLS #: 585591
    UPDATED: 6 min ago
    $6,598,000
    • 0
      BEDS
    • 1.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,975
      SQFT
    • $946
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:

    School Ratings & Info

    Description

    This marina property located in City of Key Colony Beach, contains approx, 55,157 square ft or 1.27 acres of upland area, plus 0.62 acres or 27,007 sq ft of submerged land, frontage of 685 linear ft along Sadowski Causeway and 110 ft in depth to the easterly boundary of Bone Fish Bay with approx 1,060 linear ft of sea wall. There are 33 wet boat slips, dive shop, bait shop and small Tiki Hut, ample parking. Each slip has separate water and electric meters and sewer pump-out. There is a fuel dock with 3, dual-dispensers for diesel and gasoline, a 3-tank above ground fuel tank enclosure (1 @4,000 gallons-gasoline, 2@6,000 gallons-diesel). The site contains approx 1,060 linear ft of sea wall.The property is accessed from the Sadowski Causeway leading northerly to US Highway 1 and southerly to Ocean Drive in Key Colony Beach as well as from the Florida Straits via Bonefish Bay. There is the possibility for developing the property by moving the liveaboard rights from the slips to the upland for residential development. Gross revenue from the waterfront restaurant (demolished after hurricane. Can be rebuilt on original footprint) of between $1,500,000 (2017) and $1,900,000 (2016). The revenue as an operating restaurant should increase the capital.

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    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.keywestluxuryrealestateinc.com/homes/94597419

    400 Sadowski Key Colony, FL 33051

    • Price: $6,598,000
    • Status: Active
    • Updated: 6 min ago
    • MLS #: 585591
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.27
    Acres
    6,975
    SQFT
    $946
    $/SQFT
    1961
    Built
    Neighborhood:
    Marina Sub (54.0)
    County:
    Monroe
    Area:
    17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
    Property Description
    This marina property located in City of Key Colony Beach, contains approx, 55,157 square ft or 1.27 acres of upland area, plus 0.62 acres or 27,007 sq ft of submerged land, frontage of 685 linear ft along Sadowski Causeway and 110 ft in depth to the easterly boundary of Bone Fish Bay with approx 1,060 linear ft of sea wall. There are 33 wet boat slips, dive shop, bait shop and small Tiki Hut, ample parking. Each slip has separate water and electric meters and sewer pump-out. There is a fuel dock with 3, dual-dispensers for diesel and gasoline, a 3-tank above ground fuel tank enclosure (1 @4,000 gallons-gasoline, 2@6,000 gallons-diesel). The site contains approx 1,060 linear ft of sea wall.The property is accessed from the Sadowski Causeway leading northerly to US Highway 1 and southerly to Ocean Drive in Key Colony Beach as well as from the Florida Straits via Bonefish Bay. There is the possibility for developing the property by moving the liveaboard rights from the slips to the upland for residential development. Gross revenue from the waterfront restaurant (demolished after hurricane. Can be rebuilt on original footprint) of between $1,500,000 (2017) and $1,900,000 (2016). The revenue as an operating restaurant should increase the capital.
    Exterior Features

    Construction Other Construction Dockage Boat RampBoat Slip Dockage Seawall Concrete Land Size 1 Less Than 2 Acres Side Ocean Style Commercial Waterfront Bay Front Waterfront YN Yes Waterview Canal ViewHarbor/Marina View

    Interior Features

    Appliances Other Yes Net Leasable Area 6975.00

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Key Colony Commercial Type Apartment 3 Or MoreMarinaOther ServicesRetail Control Depth 6 Fee Includes None Flood Zone AeAeAe Listing Board Marathon/Lower Keys Mile Marker 54.00 Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Tax Year 2017 Taxes 19525.61 Total Units 0.00 Utilities Buyer To VerifyFkaaMunicipal Sewer Zoning B - 1 - Key Colony Business Res

    Listing courtesy of Kathleen C Morgan of Century 21 Island Life Bpk.


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    Key West Luxury Real Estate Inc
    619 Eaton Street, #2
    Key West FL, 33040