Attn: Yachtsmen! 

230′ of Deepwater Dock on 100′ Wide Canal!

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. More… 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.

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: 6/09/2021

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 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.

More Information MLS# 591604

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
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: June - 09 - 2021

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