701 8th Street, Key Colony, FL 33051 (MLS# 591604)

701 8th Street, Key Colony, FL 33051

$2,600,000

Virtual Tour

https://view.paradym.com/idx/4520380

Property Type: Residential Bedrooms: 9 Baths: 8 Square Footage: 7,642 Lot Size (sq. ft.): 20,800 Status: Closed

Current Price: $2,600,000 List Date: 7/09/2020 Last Modified: 9/02/2024

Description

230' of deepwater dock on a 100' wide canal is yours at this Key Colony Beach gated estate, situated on almost a half acre of waterfront. Perfect as a corporate retreat, huge family compound or as an investment as a weekly vacation rental. Can be licensed to rent to 20 people, $200K income per year projected, ask for details. The main house was built in 2001 and has 5 bedrooms, 4 baths, two living areas and covered porches to enjoy Keys living. Heated pool with spa, garage and workshop with direct access to the dock area. Attached caretaker's/staff house with 2 bedrooms and 1 bath with its own entrance. The guest house was built by Ryder Construction in 2011 and has 2 bedrooms, 3 baths, an anglers room (which could be converted into more bedrooms or living space) and covered porches.

Supplements: The garage has a door on the canalside for easy access to the dock too. Electric (50 amp/30 amp, 220/110) and water at the dock including a dedicated spotless water system for rinsing your boats. Two boat lifts (24,000 lb and 5,000 lb). A standby 30kw diesel generator runs the entire property in the event of power loss. The estate is fenced and gated with lush landscaping, mature tropical fruit trees and a paver drive. This property is meticulously and professionally maintained. Private showings by appointment to qualified buyers.

More Information MLS# 591604

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Species List: No Current Price: $2,600,000 Listing Date: 2020-07-08 Sold Price: $2,600,000

Location, Tax & Legal

City: KEY COLONY Off Shore Island: No Mile Marker: 53.5 Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca) Side: Ocean Flood Zone: AE Alternate Key #: 1080560 Handicap Access: No Parcel #: 00075090-000000 Zoning: R-2A - Key Colony Two Family Deed Restrictions: Yes Legal: BK 9 LOTS 30 AND 31 KEY COLONY BEACH FIRST ADDN AMENDED PLAT PB4-11 SHELTER KEY Taxes: 21920.73 Tax Year: 2019 Pub Sewer HkUp: Yes Street #: 701 Street Name: 8th Street Suffix: Street Key/Island: Key Colony State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Key Colony Bch 1st Addn Amd Plat (53.5) Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 6 Lot SqFt: 20800 Pool: Yes Total Units: 0 Acres: 0.48 SqFt Source: Seller Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Single Family Year Built: 2001 Living Apx SqFt: 7642 Total Bedrooms: 9 Full Baths: 8 Total Baths: 8

Remarks & Misc

Remarks – Consumer: 230' of deepwater dock on a 100' wide canal is yours at this Key Colony Beach gated estate, situated on almost a half acre of waterfront. Perfect as a corporate retreat, huge family compound or as an investment as a weekly vacation rental. Can be licensed to rent to 20 people, $200K income per year projected, ask for details. The main house was built in 2001 and has 5 bedrooms, 4 baths, two living areas and covered porches to enjoy Keys living. Heated pool with spa, garage and workshop with direct access to the dock area. Attached caretaker's/staff house with 2 bedrooms and 1 bath with its own entrance. The guest house was built by Ryder Construction in 2011 and has 2 bedrooms, 3 baths, an anglers room (which could be converted into more bedrooms or living space) and covered porches. Directions: US 1 to Sadowski Causeway, right on W. Ocean Drive, right on 8th Street. 701 is the second to last house on the left behind the coral colored wall. Sign in front.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock Length: 230 Dock: Concrete Boat Lift: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Heat Pump: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1 Harbor/Marina View: 1 Lake View: 1

Floor

Tile: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Fire Hydrant: 1 Tennis Courts: 1 Other Area Features: 1

Interior Features

Cathedral Ceilings: 1 Entrance Foyer: 1 Granite Counter Top: 1 Security System: 1 Smoke Alarms: 1 Storage: 1 Walk-in Closet(s): 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Guest/Servant Qtrs: Legal Laundry Room: 1 Workshop: 1

Building Style

Above Flood: Yes Stories: 2 Stories

Windows/Doors

Aluminum Windows: 1 French Doors: 1

Vehicle Storage

Car(s): 4+ Garage: 1 Guest Parking: 1 Auto Door Opener: 1 Off Street Parking: 1

Security

On Premises System: 1 Patrolled Area: 1 Other: 1

Construction

CBS: 1

Land Size

More than 1 Lot: 1

Furnished

Negotiable: 1

Terms

No Seller Finance: 1

Utilities

Cable Available: 1 Elect Separate Meter: 1 Municipal Sewer: 1 Whole House Generatr: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Title Ins - Buyer: 1

Exterior Features

Detached Guest Qtrs: 1 Fencing: 1 Fruit Tree(s): 1 Hot Tub: 1 Lighting: 1 Outdoor Shower: 1

Pool Info

In Ground: 1 Concrete: 1 Decked: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Accessibility Feat

None: 1

Shutters

Accordion: 1

Status Change Info

Sold Date: 2021-02-01 Sold Price: $2,600,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View; Harbor/Marina View; Lake View Dockage: Boat Lift Property Condition: Updated/Remodeled Vehicle Storage: Garage; Auto Door Opener; Guest Parking; Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air; Heat Pump Utilities: Cable Available; Elect Separate Meter; Municipal Sewer; Whole House Generatr Interior Features: Cathedral Ceilings; Entrance Foyer; Granite Counter Top; Security System; Smoke Alarms; Storage; Walk-in Closet(s); Window Treatments Pre-Wired: Cable Specialty Rooms: Laundry Room; Workshop Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Detached Guest Qtrs; Fencing; Fruit Tree(s); Hot Tub; Lighting; Outdoor Shower Accessibility Feat: None Pool Info: In Ground; Concrete; Decked Construction: CBS Shutters: Accordion Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Fire Hydrant; Tennis Courts; Other Area Features Security: On Premises System; Patrolled Area; Other Land Size: More than 1 Lot Terms: No Seller Finance Title: Title Ins - Buyer

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: September - 02 - 2024

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