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For sale
  • Price cut: $25K (5/27)
    $1,350,000

    260 Sadowski Cswy, Key Colony Beach, FL 33051

    3beds
    1,540sqft
    : 
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    Half Duplex, Multi Family
    Built in 2006
    5,227 Square Feet Lot
    $-- Zestimate®
    $877/sqft
    $-- HOA

    What's special

    Private poolTwo-car garageGranite countertopsSpacious primary suiteTile flooring throughoutAmple cabinet spaceNice sized kitchen
    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, and 'above flood' this popular ''Ellison'' half duplex offers 1,540 sq ft of well-designed living space on one level with NO STAIRS to climb. Offering more dockage than most half duplexes, with 46 FEET OF CANAL FRONTAGE WITH STEP DOWN DOCK 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 strong, 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 TWO-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!
    156 days
    |
    453
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Puto 305-766-1745,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 616455MLS LogoOriginating MLS: Marathon/Lower Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      Features
      • Granite Counters, Storage
      • Flooring: Tile
      • Doors: Sliding Glass Doors, Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Impact Rstnce Window, Other Windows/Doors
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,540 sqft

      Property

      Parking
      • Parking features: Garage, Off Street, Guest, Attached
      • Has attached garage: Yes
      Features
      • Levels: One,Ground Level
      • Stories: 1
      • Patio & porch: Patio
      • Has private pool: Yes
      • Pool features: In Ground, Decked, Concrete
      • Fencing: Fenced
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 46
      Lot
      • Size: 5,227 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00079372000510
      • Zoning: R-2C
      • Zoning description: Key Colony Two Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Half Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • CBS, Concrete
      • Roof: Metal
      Condition
      • Year built: 2006

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Water: Water Separate Meter
      • Utilities for property: FKAA, Cable Available

      Community & HOA

      Community
      • Features: Tennis Court(s), Bike Paths, Other, Beach
      • Security: Patrolled Area
      • Subdivision: Marina Sub (54.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key Colony Beach

      Financial & listing details

      • Price per square foot: $877/sqft
      • Tax assessed value: $1,038,329
      • Annual tax amount: $9,425
      • Date on market: 2/2/2026
      • Listing terms: No Seller Finance,Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/27/2026Price change$1,350,000-1.8%$877/sqft
        Source: Key West AOR #616455 Report a problem
        5/16/2026Price change$1,375,000-1.8%$893/sqft
        Source: Key West AOR #616455 Report a problem
        3/6/2026Price change$1,399,999-3.4%$909/sqft
        Source: MLKAR #616455 Report a problem
        2/2/2026Listed for sale$1,449,950-3.3%$942/sqft
        Source: FLKMLS #616455 Report a problem
        1/22/2026Listing removed$1,499,999$974/sqft
        Source: Key West AOR #616455 Report a problem
        1/9/2026Price change$1,499,999-3.2%$974/sqft
        Source: Key West AOR #616455 Report a problem
        11/14/2025Price change$1,549,000-3.1%$1,006/sqft
        Source: MLKAR #616455 Report a problem
        9/11/2025Listed for sale$1,599,000+178.1%$1,038/sqft
        Source: Key West AOR #616455 Report a problem
        8/22/2012Sold$575,000$373/sqft
        Source: FLKMLS #558389 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,579 +1.6%$937,079 +10%
        2024$9,426 +11%$851,890 +10%
        2023$8,491 +10.6%$774,445 +10%
        2022$7,678 +10.5%$704,041 +10%
        2021$6,950 +14.2%$640,037 +10%
        2020$6,085 $581,852 +5.8%
        2019$6,085 +6.9%$549,973 -4.1%
        2018$5,692 +7.9%$573,729 -0.2%
        2017$5,273 +7.5%$574,673 -3.7%
        2016$4,905 -0.6%$596,716 +1%
        2015$4,936 $590,579

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33051

        Getting around

        15 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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