260 Sadowski Causeway, Key Colony Beach, FL 33051
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by:amy puto
Office:coldwell banker schmitt real estate co.
MLS#:616455
Source:FL_FKBOR
Price summary
- Price:$1,599,000
- Price per sq. ft.:$1,038.31
About this home
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 oceana 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 restaurantsall 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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Home facts
- Year built:2006
- Listing ID #:616455
- Added:19 day(s) ago
- Updated:October 01, 2025 at 01:59 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,540 sq. ft.
Structure and exterior
- Roof:Metal Roof
- Year built:2006
- Building area:1,540 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Water Separate Meter
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$1,599,000
- Price per sq. ft.:$1,038.31
- Tax amount:$9,426 (2024)
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