721 W Ocean Dr

Property facts

Price

$8,750,000

Status

For sale

Property type

Land & lots

Lot size

91,650 acres

County

Monroe County

MLS #

11394369

Land details

Water source

Public (WaterSource)

Features

Description

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.

Supplied by the listing agent and shown without edit.

Check these yourself before you buy

None of these can be settled by a listing description. Each one names who can answer it.

• Boundaries and cornersAsk: a licensed surveyor, not a listing map or a phone app
• Legal accessAsk: a title company, plus the county recorder for recorded easements
• Zoning and permitted usesAsk: the county planning department, in writing
• Building permission and septic feasibilityAsk: county building and environmental health
• Utilities and the cost to connectAsk: the serving electric and water utilities, by parcel
• Water rights and well permitsAsk: the state water authority
• Flood and wetland exposureAsk: FEMA flood maps, and a wetlands delineation where relevant
• Easements and encumbrancesAsk: a full title report, not a preliminary summary
• Taxes and assessmentsAsk: the county assessor and treasurer
• FinancingAsk: a lender that actually writes raw land loans

General information, not legal, engineering or financial advice.