$9,750,000

721 W Ocean Drive

Key Colony FL, 33051

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.

Details

MLS#594399
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1964
Days On Site101

Features

Units22
ZoningR-3 - Multi Unit Res

Market Activity 33051

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Area Information
StateFL
CountyMonroe
CityKey Colony
Zip Code33051
AreaMiddle Keys
Listing VS Median (in 33051)
Price:
$9,750,000
low | high
Med:
$799,900
100% of Average
On Site:
101
low | high
Med:
251
40.239043824701% of Average
Sourced by Back At You
Listing Updated: May 10, 2021 8:09:43 PM PDT
Jody Owen LogoMLS Number: 594399
Listing Provided By:
Jody Owen  of  Berkshire Hathaway HomeServices Keys Real Estate
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.