721 Ocean Drive W
KEY COLONY, Florida FL 33051
Price: $9,750,000
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Listing ID: 588781
Status: Active
Year Built: 1964

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.

Jody Owen
Title: Realtor
Address: 9141 Overseas Highway
City: Marathon
State/Province: FL
Zipcode: 33050
Office Phone: 305-743-7636
Cell Phone: 305-923-1902

Primary Features

Subdivision: Stevens Sub (53.5)
Year Built: 1964
Zoning: R-3 - Multi Unit Res


1st Right of Refusal: no
As Is/Right To Inspect: yes
Business Name: Oceanfront Apt.
Control Depth: 2
Deed Restrictions: Unknown
Miscellaneous: Fencing, Pool
Total Units: 22
Type 2: Apartment 3 or more
Utilities: Buyer to Verify

Location Information

Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Key/Island: Key Colony
KW Neighborhood: Outside of Key West
Mile Marker: 53.5
Parcel Number: 00078380-000000

Interior Features

Appliances: No Appliances
SqFt Source: Survey

Financial Details

Bank Owned: no
Fee Includes: None
Financial Status: Bank Owned: no
Financial Status: Potential Short Sale: no
HOA: no
Potential Short Sale: no
Terms: Buyer Obtain Finance

External Features

Construction: Other Construction
Dockage: None
Land Size: 2 Less Than 5 Acres
Lot SqFt: 91650
Off Shore Island: no
Side: right
Style: Commercial
Waterfront: yes
Waterfront Type: Oceanfront, Open Water
Waterview: Ocean View, Open Water View

Zoning Info

Area Info

©2020 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. Listing courtesy of Berkshire Hathaway HomeServices Keys Real Estate. The information being provided is 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. Information is deemed reliable but not guaranteed. Data last updated: Tuesday, April 7th, 2020 at 12:19:52 PM.

Contact - Listing ID 588781

Jody Owen

9141 Overseas Highway
Marathon, FL 33050
Phone: 305-923-1902

Data services provided by IDX Broker