$9,750,000

721 W Ocean Drive

Key Colony FL, 33051

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.

Details

MLS#588781
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1964
Days On Site104

Features

Story(s)0
Units22
ZoningR-3 - Multi Unit Res

Market Activity 33051

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Area Information

StateFL
CountyMonroe
CityKey Colony
Zip Code33051
AreaMiddle Keys
SubareaOutside of Key West
Listing VS Median (in 33051)
Price:
$9,750,000
low | high
Med:
$575,000
100% of Average
On Site:
104
low | high
Med:
135
77.037037037037% of Average
Listing Updated: 04/01/2020
MLS Number: 588781
Listing Provided By:
Jody Owen  of  Berkshire Hathaway HomeServices Keys Real Estate