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$2,600,000
Key Colony, FL 33051
MLS# 591604
Status: Closed
9 beds | 8 baths | 7642 sqft
1 / 64
Property 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.
Details
Maps
Contract Information
Current Price: $2,600,000
Listing Date: 2020-07-08
Listing Board: Marathon/Lower Keys
Sold Price: $2,600,000
As is Rght to Inspct: Yes
Species List: No
Location, Tax & Legal
Street #: 701
Street Name: 8th
Street Suffix: Street
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
Off Shore Island: No
County: Monroe
Subdivision: Key Colony Bch 1st Addn Amd Plat (53.5)
Mile Marker: 53.5
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Flood Zone: AE
Handicap Access: No
Alternate Key #: 1080560
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
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 6
Pool: Yes
Year Built: 2001
Lot SqFt: 20800
Acres: 0.48
Living Apx SqFt: 7642
SqFt Source: Seller
Total Bedrooms: 9
Full Baths: 8
Total Baths: 8
Rentals Allowed: With Restrictions
Min Rental Days: 7
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.
Status Change Info
Sold Date: 2021-02-01
Sold Price: $2,600,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 230
Dock: Concrete
Building Style
Above Flood: Yes
Stories: 2 Stories
Vehicle Storage
Car(s): 4+
Specialty Rooms
Guest/Servant Qtrs: Legal
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
Porch/Balcony: Open Porch/Balcony
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
Windows/Doors: Aluminum Windows; French Doors
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
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.
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: June - 09 - 2021
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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