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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

Overview

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.

Listing Details MLS# 598632

Location, Tax & Legal

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
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

Contract Information

Listing Board
Florida Keys
Limited Representation
No
As is Rght to Inspct
Yes
For Sale/Lease
For Sale
Potential Short Sale
No
Bank Owned
No

General Property Description

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

Status Change Info

Sold Date
2022-02-19

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Dockage

Seawall
Concrete
Boat Ramp
Yes
Boat Slip
Yes

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

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
Yes

Type

Marina
Yes
Other Services
Yes

Fee Includes

None
Yes

Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Waterfront

Canal Front
Yes

Waterview

Canal View
Yes

Vehicle Storage

Common Parking
Yes
Off Street Parking
Yes
Trailer Storage
Yes

Construction

Combo Construction
Yes

Land Size

1 Less Than 2 Acres
Yes

Terms

Buyer Obtain Finance
Yes

Utilities

Buyer to Verify
Yes
FKAA
Yes
Municipal Sewer
Yes

Title

Negotiable
Yes

Miscellaneous

High Traffc Location
Yes
Patio
Yes
Residence on Premise
Yes

Roof

Combo Roof
Yes

Tenant Paid

Electric
Yes
Garbage
Yes
Taxes
Yes
Water
Yes

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
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.