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701 8th Street, Key Colony, FL 33051

$2,600,000
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

Overview

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 g ...

Listing Details MLS# 591604

Location, Tax & Legal

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

Contract Information

Listing Board
Marathon/Lower Keys
As is Rght to Inspct
Yes
Species List
No

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

Status Change Info

Under Contract Date
2020-12-07
Leased Date
2021-02-01

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Dockage

Dock Length
230
Dock
Concrete

More Information

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 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
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.