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721 W Ocean, Key Colony, FL 33051
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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.
  • Price:
  • $9,750,000
  • Acreage:
  • 2.10
  • Year Built:
  • 1964
  • Listing ID #:
  • 588781
  • Street Address:
  • 721 W Ocean
  • City:
  • Key Colony
  • State:
  • Florida
  • Postal Code:
  • 33051
  • County:
  • Monroe
  • Community:
  • 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
  • Subdivision:
  • Stevens Sub (53.5)
  • Listing Status:
  • Active
  • Construction Description:
  • Other Construction
  • Dwelling Type:
  • Apartment 3 Or More
  • Miscellaneous Features:
  • Fencing, Pool
  • Number Of Units:
  • 22.00
  • Square Footage Source:
  • Survey
  • Style:
  • Commercial
  • Year Built:
  • 1964
  • Business Description:
  • Oceanfront Apt.
  • Conforms To Zoning:
  • R-3 - Multi Unit Res
  • Lot Size:
  • 2 Less Than 5 Acres
  • Lot Square Footage:
  • 91650.00
  • Days On Market:
  • 66
  • Terms:
  • Buyer Obtain Finance
  • Appliances:
  • No Appliances
  • Control Depth:
  • 2
  • Waterfront:
  • Yes
  • Waterfront Footage:
  • Oceanfront, Open Water
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Berkshire Hathaway Homeservices Keys Real Estate
  • KEYS