701 8th Street, Key Colony, FL 33051

$2,600,000

Virtual Tour

https://view.paradym.com/idx/4520380

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 ... (Read more)

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
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Ocean
Flood Zone: AE
Alternate Key #: 1080560
Handicap Access: No
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

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
Total Units: 0

Status Change Info

Under Contract Date: 2020-12-07
Sold Date: 2021-02-01

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Dockage

Dock Length: 230
Dock: Concrete
Boat Lift: Yes

More Information

Building Style

Above Flood: Yes
Stories: 2 Stories

Vehicle Storage

Car(s): 4+
Garage: Yes
Guest Parking: Yes
Auto Door Opener: Yes
Off Street Parking: Yes

Specialty Rooms

Guest/Servant Qtrs: Legal
Laundry Room: Yes
Workshop: Yes

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.

Fee Includes

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes
Heat Pump: Yes

Waterfront

Canal Front: Yes

Waterview

Canal View: Yes
Harbor/Marina View: Yes
Lake View: Yes

Floor

Tile: Yes

Neighborhood Feature

Beach: Yes
Bike Paths: Yes
Fire Hydrant: Yes
Tennis Courts: Yes
Other Area Features: Yes

Interior Features

Cathedral Ceilings: Yes
Entrance Foyer: Yes
Granite Counter Top: Yes
Security System: Yes
Smoke Alarms: Yes
Storage: Yes
Walk-in Closet(s): Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Aluminum Windows: Yes
French Doors: Yes

Security

On Premises System: Yes
Patrolled Area: Yes
Other: Yes

Construction

CBS: Yes

Land Size

More than 1 Lot: Yes

Furnished

Negotiable: Yes

Terms

No Seller Finance: Yes

Utilities

Cable Available: Yes
Elect Separate Meter: Yes
Municipal Sewer: Yes
Whole House Generatr: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Detached Guest Qtrs: Yes
Fencing: Yes
Fruit Tree(s): Yes
Hot Tub: Yes
Lighting: Yes
Outdoor Shower: Yes

Pool Info

In Ground: Yes
Concrete: Yes
Decked: Yes

Pre-Wired

Cable: Yes

Roof

Metal Roof: Yes

Accessibility Feat

None: Yes

Shutters

Accordion: Yes

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.

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