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260 Sadowski Causeway

Key Colony, FL 33051
  • $1,599,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 616455
$1,599,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,540
    SQFT
  • $1,038
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2006
County:

School Ratings & Info

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!

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/167825083
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260 Sadowski Causeway Key Colony, FL 33051

  • Price: $1,599,000
  • Status: Active
  • On Site: 58 Days
  • MLS #: 616455
3
Beds
2
Baths
0
½ Baths
0.12
Acres
1,540
SQFT
$1,038
$/SQFT
2006
Built
Neighborhood:
Marina Sub (54.0)
County:
Monroe
Area:
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
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!
Exterior Features

Above Flood Yes Building Style Ground Level Construction CBSConcrete Dock Length 46 Dockage Dock Concrete Dockage Seawall Concrete Exterior Features Fencing Land Size Less Than 1/4 Acre Pool Info In GroundDeckedConcrete Pool YN Yes Porch Balcony Patio Roof Metal Roof Side Ocean Stories 1 Story Style Half Duplex Vehicle Storage GarageOff Street ParkingGuest ParkingAttached Waterfront Canal Front Waterfront YN Yes Waterview Canal View

Interior Features

Appliances WasherStainless Steel Appliance(s)MicrowaveOvenRangeRefrigeratorDishwasherDryer Cooling Heating Central AirCeiling Fans(s) Floor Tile Furnished Furnished Interior Features Drapes/Blinds InclGranite Counter TopStorage Windows Doors Sliding Glass DoorsImpact Rstnce WindowImpact Rstnce DoorsOther Windows/Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY COLONY Control Depth 4 Deed Restrictions Yes Fee Includes None Flood Zone AE Listing Board Marathon/Lower Keys Mile Marker 54.00 Min Rental Days 7.00 Neighborhood Features Tennis CourtsBike PathsOther Area FeaturesBeach Off Shore Island No Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed With Restrictions Security Patrolled Area Species List No Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2024 Taxes 9425.86 Terms No Seller FinanceCashConventional Title Title Ins - Buyer Utilities FKAAWater Separate MeterCable AvailableElect Separate MeterMunicipal Sewer Zoning R-2C - Key Colony Two Family

Listing courtesy of Amy Puto of Coldwell Banker Schmitt Real Estate Co.: (305) 743-5181.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036