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.
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Listing ID594399
Price$9,750,000
StatusContingent/Show
CountyMonroe
SubdivisionStevens Sub (53.5)
Year Built1964
Property TypeCommercial
Property Sub TypeMulti-Family
County
Monroe
Property Sub Type
Multi-Family
Property Type
Commercial
Subdivision
Stevens Sub (53.5)
Year Built
1964
Zoning
R-3 - Multi Unit Res
Appliances
No Appliances
Construction
Other
Control Depth
2
Dockage
None
Land Size
2 Less Than 5 Acres
Lot SqFt
91650
Side
right
Style
Commercial
Total Units
22
Waterfront
yes
Waterfront Type
Oceanfront, Open Water
Waterview
Ocean View, Open Water View
Area
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Key/Island
Key Colony
Mile Marker
53.5
Parcel Number
00078380-000000
Business Name
Oceanfront Apt.
Miscellaneous
Fencing, Pool
Type 2
Apartment 3 or more
1st Right of Refusal
no
As Is/Right To Inspect
yes
Bank Owned
no
Contingent
Contingent/Show
Contingent Remarks
there are kick outs
Deed Restrictions
Unknown
Fee Includes
None
Financial Status: Bank Owned
no
Financial Status: Potential Short Sale
no
For Sale/Lease
For Sale
HOA
no
Potential Short Sale
no
Terms
Buyer Obtain Finance
Contact - Listing ID 594399
Qa UiAutomation
Address:
3562 SE Harrison StPortland, OR 97214
United States
Phone: 1001001000
Phone Alt: 1001001000
