721 W Ocean Drive, Key Colony FL, 33051

Active

721 W Ocean Drive

Key Colony FL, 33051

$8,750,000

$95.47 per sqft

Active

2.1 Acres

Land

Discover endless possibilities with this prime vacant land parcel nestled in the heart of the Florida Keys! Spanning 2.10+/- acres (approx. 91,650+/- SF) of land with an additional 1.9+/- acres (approx. 85,000+/- SF) of adjacent bay bottom, this captivating oceanfront property presents an idyllic setting for a luxurious estate or a multi-unit development with up to 27 units. The possibility also exists to sub-divide the lot into three parcels. Permit is currently in place to rebuild the pier. Key Colony Beach epitomizes tranquility and serenity. Its prime location offers sweeping views of the Atlantic Ocean and seamless access to some of the best fishing, boating, and diving in the world. This blank canvas awaits your vision to create a masterpiece within this enchanting seaside community.

604581

MLSⓇ ID

March 15, 2023

Listed

November 22, 2024

Updated

Map

721 W Ocean Drive
Key Colony FL, 33051

Exterior/Building Features

Lot Size: 2.1 Acres
Lot Features: 2 Less Than 5 Acres, Water Frontage, Cleared Site, Fenced

Other Property Details

Area Name: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Days on Market: 447
Garage: No
View: Yes
View Description: Open Water View, Ocean View
County: Monroe
Pool: No
Waterfront: Yes
Zoning: R-3 - Multi Unit Res

Listed by Audrey H. Ross with Compass FLORIDA
Listing Contact:

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 11/22/2024 at 10:06 PM UTC