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721 W Ocean Dr, Key Colony, FL – $8,750,000

  • $8.8M Price
  • 91650 Acres
  • 490 DOM
  • $8.8M Price
  • 91650 Acres
  • 490 DOM

721 W Ocean Dr

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.

Essential Information

  • MLS® #A11357703
  • Price$8,750,000
  • Bathrooms0.00
  • Acres91,650.00
  • TypeLand / Boat Docks
  • Sub-TypeResidential
  • StatusActive

Community Information

  • Address721 W Ocean Dr
  • Area98 Florida Keys
  • SubdivisionKey Colony
  • CityKey Colony
  • CountyMonroe County
  • StateFL
  • Zip Code33051

Amenities

  • ViewOcean
  • Is WaterfrontYes
  • WaterfrontOcean Access, Ocean Front

Utilities

Electricity Available, Sewer Available, Water Available

Additional Information

  • Listing Courtesy ofCompass Florida LLC
  • Date ListedMarch 15th, 2023
  • Contact Info305-661-4003
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