721 W Ocean Drive

    Key Colony, FL 33051
    • $9,750,000
    • STATUS: Active
    • ON SITE: 101 days
    • MLS #: 588781
    UPDATED: 49 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

    One-of-a-Kind Multi-Unit Development opportunity on 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. 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.

    Monthly Payment Calculator



    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 Royal Palms Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.royalpalmsrealtykeywest.com/homes/101836978

    721 W Ocean Drive Key Colony, FL 33051

    • Price: $9,750,000
    • Status: Active
    • Updated: 49 min ago
    • MLS #: 588781
    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
    One-of-a-Kind Multi-Unit Development opportunity on 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. 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 Construction Dockage None Land Size 2 Less Than 5 Acres 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 Key West Neighborhood Outside Of Key West Listing Board Marathon/Lower Keys Mile Marker 53.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Type Multi-Family Sq Ft Source Survey 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 Royal Palms Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    Royal Palms Realty
    933 Fleming St
    Key West FL, 33040