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721 W Ocean Drive

Key Colony, FL 33051
  • $9,750,000
  • STATUS: Active
  • ON SITE: 133 days
  • MLS #: 594399
UPDATED: 46 min ago
$9,750,000
  • 0
    BEDS
  • 2.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1964
County:

School Ratings & Info

Description

Whether you are looking for ocean front land for a large estate, a compound or multi-unit development, don't miss this once-in-a-lifetime opportunity for ocean front acreage in Key Colony Beach. This property consists of 2.10 Acres or 91,650+/- SF of upland area and is vested with 22 residential development rights with the potential of 27 units. The site also contains approximately 82,961+/- SF of adjacent bay bottom. Originally built in 1964, the Oceanfront Apt. complex is now ready for re-development.

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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 Jimmy Lane Home Team | Century 21 Island Life are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.jimmylane.com/homes/113735163
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721 W Ocean Drive Key Colony, FL 33051

  • Price: $9,750,000
  • Status: Active
  • Updated: 46 min ago
  • MLS #: 594399
0
Beds
0
Baths
0
½ Baths
2.1
Acres
1964
Built
Neighborhood:
Stevens Sub (53.5)
County:
Monroe
Area:
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Property Description
Whether you are looking for ocean front land for a large estate, a compound or multi-unit development, don't miss this once-in-a-lifetime opportunity for ocean front acreage in Key Colony Beach. This property consists of 2.10 Acres or 91,650+/- SF of upland area and is vested with 22 residential development rights with the potential of 27 units. The site also contains approximately 82,961+/- SF of adjacent bay bottom. Originally built in 1964, the Oceanfront Apt. complex is now ready for re-development.
Exterior Features

Construction Other Dockage None Land Size 2 Less Than 5 Acres Lot Size 0 Miscellaneous FencingPool Side Ocean Style Commercial Waterfront OceanfrontOpen Water Waterfront YN Yes Waterview Ocean ViewOpen Water View

Interior Features

Appliances No Appliances

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Oceanfront Apt. City Key Colony Commercial Type Apartment 3 Or More Control Depth 2 Deed Restrictions Unknown Fee Includes None Listing Board Marathon/Lower Keys Mile Marker 53.50 Potential Short Sale No Potential Short Sale Financial Status No Property Type Multi-Family Tax Year 0 Taxes 0.00 Terms Buyer Obtain Finance Title Title Ins - Buyer Total Units 22.00 Utilities Buyer To Verify Zoning R-3 - Multi Unit Res

Listing courtesy of Jody Owen of Berkshire Hathaway Homeservices Keys Real Estate.


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 Jimmy Lane Home Team | Century 21 Island Life are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jimmy Lane Home Team | Century 21 Island Life
211 Simonton Street
Key West FL, 33040