$8,750,000 $46,972 est/mo Sourced by Back At You

721 W Ocean Drive,Key Colony, FL 33051

Key Colony FL, 33051

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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 24 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.


Listing TypeFor Sale
Days On Site397
Listing Provided ByCompass FLORIDA | Audrey H. Ross


ZoningR-3 - Multi Unit Res
Water FrontYes

Market Activity 33051

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

CityKey Colony
Zip Code33051
Area17 Vaca Cut Both Sides Holiday Inn | Key Colony
Community NameStevens Sub (53.5)
Listing VS Median (in Stevens Sub (53.5))
low | high
100% of Average
On Site:
low | high
100% of Average
Sourced by Back At You
Listing Updated: February 14, 2024 at 7:39:52 PM PST