This marina property located in City of Key Colony Beach, contains approx, 55,157 square ft or 1.27 acres of upland area, plus 0.62 acres or 27,007 sq ft of submerged land, frontage of 685 linear ft along Sadowski Causeway and 110 ft in depth to the easterly boundary of Bone Fish Bay with approx 1,060 linear ft of sea wall. There are 33 wet boat slips, dive shop, bait shop and small Tiki Hut, ample parking. Each slip has separate water and electric meters and sewer pump-out. There is a fuel dock with 3, dual-dispensers for diesel and gasoline, a 3-tank above ground fuel tank enclosure (1 @4,000 gallons-gasoline, 2@6,000 gallons-diesel). The site contains approx 1,060 linear ft of sea wall.The property is accessed from the Sadowski Causeway leading northerly to US Highway 1 and southerly to Ocean Drive in Key Colony Beach as well as from the Florida Straits via Bonefish Bay. There is the possibility for developing the property by moving the liveaboard rights from the slips to the upland for residential development. Gross revenue from the waterfront restaurant (demolished after hurricane. Can be rebuilt on original footprint) of between $1,500,000 (2017) and $1,900,000 (2016). The revenue as an operating restaurant should increase the capital.
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