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400 Sadowski causeway, Key Colony, FL 33051

$6,100,000
Property Type: Commercial Sale 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

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

Status Change Info

Under Contract Date
2021-12-26
Leased Date
2022-02-19

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Dockage

Seawall
Concrete

More Information

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: 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.