Water Views
721 W Ocean Drive Key Colony, FL
$ 9,750,000
Property Attributes
  • MLS#594413
  • TypeLand
  • CountyMONROE
  • CityKey Colony
  • AreaBoth Sides Holiday Inn-Key Colony
  • NeighborhoodStevens Sub
  • Zip33051
  • Style
  • Price$ 9,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Berkshire Hathaway HomeServices Keys Real Estate
Data Source:
Florida Keys MLS, Inc.
Property Description

Whether you are looking for ocean front land for a large estate, a compound or multi-unit development, don't miss this once-in-a-lifetime opportunity for ocean front acreage in 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 with the potential of 27 units. 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 History
1/29/2021 Listed $9,750,000

General Features

Bank Owned No
HOA Mandatory Home Owners Association No
Lot Sqft 91650.00
Neighborhood Feature Beach, Tennis Courts
Property Type B
Status Active
Subdivision Stevens Sub (53.5)
Utilities Electric on Site, Sewer, Water Meter
View Ocean View, Open Water View
Waterfront Yes
Zoning R-3 - Multi Unit Res

Exterior Features

Latitude 24.71942
Longitude -81.019022
Control Depth 2
Dockage None
Land Size 2 Less Than 5 Acres
Side Ocean
Total Lots 3.00


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33051

AVG $3.86M
AVG 96

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