400 Sadowski causeway, Key Colony, FL 33051 (MLS# 598632)

400 Sadowski causeway, Key Colony, FL 33051

$6,100,000

Property Type: Commercial Baths: 1 Square Footage: 6,975 Lot Size (sq. ft.): 82,164 Status: Closed

Current Price: $6,100,000 List Date: 11/29/2021 Last Modified: 9/10/2024

Description

A rarely available Florida Keys marina for sale with fee simple submerged land and development land. The marina is grandfathered in for 27 total boat slips and has a total of 875' of dockage. The property is grandfathered in for a 3,000 sq ft restaurant building that was destroyed during Hurricane Irma. A popular restaurant, called Sparky's Landing, used to occupy this space. The City has confirmed that the same building footprint can be rebuilt. The existing area with the picnic tables and awning is ideal to set up a Tiki restaurant and bar or food truck until a complete restaurant is rebuilt. Liquor license is included.

More Information MLS# 598632

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $6,100,000 Listing Date: 2021-11-24 Sold Price: $6,100,000

Location, Tax & Legal

City: KEY COLONY Off Shore Island: No Mile Marker: 54 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,AE Alternate Key #: 1086401 Add'l Parcel #1: 1086401 Parcel #: 00079371-000100 Zoning: B - 1 - Key Colony Business Res Legal: MARINA SUBDIVISION REPLAT PB7-2 SHELTER KEY LOT 1 & BB ADJ TO KCB CAUSEWAY & PVT ROAD OR391-241/242 OR410-548Q/C OR410-5 Taxes: 25016.78 Tax Year: 2020 Street #: 400 Street Name: Sadowski causeway Key/Island: Key Colony State/Province: FL Zip Code: 33051 Subdivision: Marina Sub (54.0) County: Monroe Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 6 Lot Size: 1.98 Acres Lot SqFt: 82164 Total Units: 0 SqFt Source: Tax Records Style: Commercial Living Apx SqFt: 6975 Year Built: 1961 Half Baths: 1 Total Baths: 1

Remarks & Misc

Remarks – Consumer: A rarely available Florida Keys marina for sale with fee simple submerged land and development land. The marina is grandfathered in for 27 total boat slips and has a total of 875' of dockage. The property is grandfathered in for a 3,000 sq ft restaurant building that was destroyed during Hurricane Irma. A popular restaurant, called Sparky's Landing, used to occupy this space. The City has confirmed that the same building footprint can be rebuilt. The existing area with the picnic tables and awning is ideal to set up a Tiki restaurant and bar or food truck until a complete restaurant is rebuilt. Liquor license is included. Directions: US-1 to Sadowski Cswy follow down about half a mile and property is on the left hand side

Deed Restrictions

No: 1

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Type

Marina: 1 Other Services: 1

Fee Includes

None: 1

Dockage

Boat Ramp: 1 Boat Slip: 1 Seawall: Concrete

Appliances

Dishwasher: 1 Range: 1 Refrigerator: 1

Cooling

Central Air: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Vehicle Storage

Common Parking: 1 Off Street Parking: 1 Trailer Storage: 1

Construction

Combo Construction: 1

Land Size

1 Less Than 2 Acres: 1

Terms

Buyer Obtain Finance: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1

Title

Negotiable: 1

Miscellaneous

High Traffc Location: 1 Patio: 1 Residence on Premise: 1

Roof

Combo Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Tenant Paid

Electric: 1 Garbage: 1 Taxes: 1 Water: 1

Status Change Info

Sold Date: 2022-02-19 Sold Price: $6,100,000 Status: Closed

Property Features

Deed Restrictions: No Type: Marina; Other Services Waterfront: Canal Front Waterview: Canal View Dockage: Boat Ramp; Boat Slip Vehicle Storage: Common Parking; Off Street Parking; Trailer Storage Cooling: Central Air Utilities: Buyer to Verify; FKAA; Municipal Sewer Appliances: Dishwasher; Range; Refrigerator Miscellaneous: High Traffc Location; Patio; Residence on Premise Construction: Combo Construction Roof: Combo Roof Land Size: 1 Less Than 2 Acres Fee Includes: None Terms: Buyer Obtain Finance Title: Negotiable Tenant Paid: Electric; Garbage; Taxes; Water

Listing Office: Simply Marinas

Last Updated: September - 10 - 2024

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