Homes for sale - 260 Sadowski Causeway, Key Colony, FL 33051

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Nov

Fri

Nov

Sat

Nov

Tom Rodriguez

tom@tomrodriguez.com +1(305) 394-0688

$ 1,549,000

Est. payment | -/mo

3 Beds

2 Baths

1,540 SqFt

Save

$ 1,549,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,540 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-family

Listing Status Active

Purchase Type For Sale

Square Footage 1,540 sqft

Price per Sqft $1,005

Subdivision Marina Sub (54.0)

MLS Listing ID 616455

Style Half Duplex

Bedrooms 3

Full Baths 2

Construction Status CBS,Concrete

HOA Y/N No

Rental Info With Restrictions

Year Built 2006

Annual Tax Amount $9,425

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi-family

Property Description

Waterfront Investment Opportunity in the Florida Keys! Located in desirable Key Colony Beach, this 3-bedroom, 2-bath property offers the perfect blend of tropical living and income-producing potential. Built in 2006, this popular ''Ellison'' half duplex offers 1,540 sq ft of well-designed living space and 46 feet of canal frontage with dockage and quick access to the ocean--a dream setup for boating, fishing, and watersports enthusiasts. This property has operated as a well-established and successful weekly vacation rental for over 10 years. Per the seller, it generates, on average, $135K-$140K in annual gross income and rents 49 weeks per year. Future bookings are already strong, with $40,000 secured for 2026 and $44,000 for 2027, making this a truly turnkey investment opportunity. Inside, you'll find a bright and open floor plan with tile flooring throughout, complemented by a nice sized kitchen with granite countertops, stainless steel appliances, and ample cabinet space. The spacious primary suite includes an ensuite bath with double vanities, while two additional bedrooms offer flexibility for guests or family. Step outside and enjoy true Florida Keys outdoor living with your private pool, the perfect spot for relaxing after a day on the water, and there's plenty of room in the 2-car garage to store your boating and fishing gear. You'll also enjoy access to all that Key Colony Beach has to offer, including Sunset Park, tennis courts, pickleball, a 9-hole golf course, playground, and a couple of restaurants--all within easy walking or biking distance. Whether you're seeking a second home in paradise or a proven short-term weekly rental, this property delivers both lifestyle and ROI. Enjoy it yourself when you like, and have it generate income for you when you can't be there!

Location

State FL

County Monroe

Area 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

Zoning R-2C - Key Colony Two Family

Interior

Interior Features Drapes/Blinds Incl, Granite Counter Top, Storage

Heating Central Air, Ceiling Fans(s)

Cooling Central Air, Ceiling Fans(s)

Flooring Tile

Furnishings Furnished

Appliance Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer

Exterior

Exterior Feature Fencing

Parking Features Garage, Off Street Parking, Guest Parking, Attached

Pool In Ground, Decked, Concrete

Community Features Tennis Courts, Bike Paths, Other Area Features, Beach

Utilities Available FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer

Waterfront Description Canal Front

View Canal View

Roof Type Metal Roof

Porch Patio

Private Pool Yes

Building

Story 1 Story

Sewer Yes

Construction Status CBS,Concrete

Others

SqFt Source Property Data Card

Security Features Patrolled Area

Acceptable Financing No Seller Finance, Cash, Conventional

Listing Terms No Seller Finance, Cash, Conventional

Pets Allowed Pets Allowed

Listed by Coldwell Banker Schmitt Real Estate Co.

260 Sadowski Causeway Key Colony, FL 33051