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:
2/22/2022
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
Current Price: $6,100,000
Listing Date: 2021-11-24
Listing Board: Florida Keys
Sold Price: $6,100,000
Limitd Reprsntation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 400
Street Name: Sadowski causeway
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
Off Shore Island: No
Subdivision: Marina Sub (54.0)
Mile Marker: 54
County: Monroe
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
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
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 1.98 Acres
Lot SqFt: 82164
Waterfront: Yes
Control Depth: 6
SqFt Source: Tax Records
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
Status Change Info
Sold Date: 2022-02-19
Sold Price: $6,100,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Seawall: Concrete
Financial Status
Bank Owned: No
Potential Short Sale: No
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: February - 22 - 2022
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